Welcome to "Assisted Living Investing," the ultimate podcast dedicated to helping you thrive in the world of Assisted Living investments. Join your host, Brett Chotkevys, as he shares his expertise and insights into the lucrative realm of assisted living. In each episode, Brett delves deep into the strategies, challenges, and opportunities of investing in Memory Care Mansions. Whether you're a seasoned investor or new to the industry, this podcast offers invaluable guidance and practical adv ...
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We believe that a high quality rental property is the best investment a person can make. This podcast equips listeners to build a rental portfolio of their own. Each week host, Kirby Atwell, interviews someone who is living off rentals and identifies best practices, advice, and potential investing pitfalls to avoid!
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Welcome to "The Donkey and the Bee," the ultimate podcast where love, business, and financial freedom converge! Join hosts Brett and Laura Chotkevys, a dynamic couple who have unlocked the secrets to thriving in marriage, entrepreneurship, and finances. With over 17 years of marriage experience, Brett and Laura are more than just partners in life – they're partners in business too. Having embarked on the exhilarating journey of starting and operating four successful businesses together in th ...
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#279 - Inside the Assisted Living Model That Nets $40K/Month - Brett Chotkevys
46:12
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46:12Joining us in this episode of Living Off Rentals is someone who is redefining the way investors think about real estate—and doing it in one of the country's most needed and profitable niches. Brett Chotkevys is the co-founder of Platinum Assisted Living Luxury and the creator of a revolutionary assisted living mansion model that blends top-tier res…
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Build the Team, Live Free: The Brutal Truth About Scaling in Assisted Living
35:54
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35:54Tired of doing everything yourself? In this raw and real episode, Brett and Laura Chotkevys reveal the secret to escaping the day-to-day grind in your assisted living business: building a powerhouse leadership team. Learn how they went from burnout to time freedom, why most investors fail to scale, and what it really takes to become the visionary—n…
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#278 - How to Use Accelerated Depreciation to Save Thousands on Taxes - Dawn Polin
26:53
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26:53Joining us on this episode of Living Off Rentals is someone who helps rental property investors unlock huge tax savings through accelerated depreciation. Dawn Polin is a Certified Public Accountant (CPA) with over 20 years of experience, including managing the cost segregation practice at a large CPA firm. Today, she’s the Managing Director of Rent…
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100 Episodes of Impact: Creating Wealth, Legacy, and Community Through Assisted Living
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12:16🎉 It’s our 100th episode! We’re celebrating a major milestone by reflecting on what it really means to build wealth, legacy, and community through assisted living. From faith-driven decisions to financial breakthroughs, this episode captures the heart of what it takes to succeed in the senior housing space. Whether you’re an aspiring operator or al…
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#277 - The EASIEST Financing Option for Short Term Rental Investors: DSCR Loans - Jay Anderson
40:10
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40:10Joining us on this episode of Living Off Rentals is someone who’s helped Kirby secure five different DSCR loans over the past year and a half. Jay Anderson is a lender with Visio Lending, a company that specializes in DSCR loans for investment properties. A DSCR (Debt Service Coverage Ratio) loan allows investors to qualify based on a property’s in…
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#276 - How to Turn Failure into Freedom with Real Estate Investing - Matt Aitchison
49:45
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49:45Joining us on this episode of Living Off Rentals is Matt Aitchison — a hotelier, investor, and host of the Millionaire Mindcast podcast — whose journey through adversity is nothing short of remarkable. After hitting rock bottom in college and spending time in jail, Matt made a pivotal decision to transform his life. He went on to flip hundreds of h…
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#275 - Creating a Lifestyle by Design With Turnkey Real Estate Investing - Ali Boone
55:52
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55:52Joining us on this episode of Living Off Rentals is someone who escaped the corporate grind and built a lifestyle by design through turnkey real estate. Ali Boone is an engineer, rugby player, pilot, adventurer, and the founder of Hipster Investments. She’s also the author of three different real estate books, including Not Your How-To Guide to Rea…
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Why Most People Stay Broke, Fat, and Miserable (And How to Break the Cycle) - Ep 98
10:32
10:32
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10:32Most people don’t fail because they’re lazy — they fail because they avoid discomfort. In this episode, we dive into the painful truth: building wealth, health, and purpose feels like walking into a business gym that exposes your weaknesses. But that’s exactly where growth begins. If you’re tired of spinning in place, this is your wake-up call to s…
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#274 - How Going All In on One Real Estate Market Built Big Wealth (And Community) - Jonna Weber
35:27
35:27
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35:27Joining us in this episode of Living Off Rentals is Jonna Weber, a seasoned buy-and-hold investor with two decades of experience investing in single-family and small multifamily properties in Idaho. Jonna runs the Boise Real Estate Investor Network, where she helps connect and support investors across the state. She is also the host of the Idaho Re…
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Why Most Investors Fail at Assisted Living (And How You Can Win) - EP 97
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17:54Assisted living is one of the fastest-growing sectors in real estate—yet most investors still get it wrong. In this episode, we uncover the critical mistake that’s costing investors millions and reveal the untold truths behind what really works in senior housing. Whether you’re a seasoned pro or just exploring the niche, you’ll learn what sets top …
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#273 - Converting Garages to ADU's to create massive value
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48:40In this episode of Living Off Rentals, we’re joined by Henry Russell—a Navy veteran, entrepreneur, and multifamily real estate investor with over 15 years of experience. Henry Russell attended the U.S. Naval Academy and went on to complete multiple combat tours in Iraq as a Naval officer. After leaving the Navy, he returned to Baltimore, where he f…
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This Land Deal Almost Ruined Me – Don’t Make This $1.8M Mistake! - Ep 96
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17:58
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17:58Thinking of investing in land for real estate development? This episode could save you from losing millions. I break down how a $1.8 million land deal nearly destroyed my business—and what I wish I knew before signing the contract. From zoning issues to development delays, I share every painful lesson so you don’t make the same mistake. Perfect for…
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#272 - Key Legal Considerations When Scaling a Rental Business - Diana Khan
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48:50Joining us on this episode of Living Off Rentals is an award-winning attorney, entrepreneur, and mom of three who owns seven businesses—including her own law firm. Diana Khan, named one of the Top 40 Young Lawyers in the country, simplifies the legal side of real estate investing and shares how to structure your business to protect your assets and …
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Why Flipping Is Fading — The Hidden Goldmine Smart Investors Are Rushing Into - Ep 95
22:58
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22:58If you’re still grinding it out with house flips, wholesaling, or chasing multifamily deals in 2025… it might be time to pivot. In this episode, Brett Chotkevys shares how he went from flipping hundreds of homes to building wealth through luxury assisted living real estate. With baby boomers retiring at historic rates, the senior housing market is …
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#271 - How He Replaced His Tech Salary with Short Term Rentals - Stylianos Kalamaras
38:46
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38:46Joining me on this episode of Living Off Rentals is someone who’s been an athlete, Navy veteran, cyber engineer, and now, a short-term rental investor. Stylianos “Steve” Kalamaras is a fighter in every sense of the word. A former boxer turned real estate investor, he’s built an impressive short-term rental portfolio that brings in solid cash flow t…
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How I Bought 7.6 Acres Dirt Cheap & Turned It Into a Luxury Assisted Living Mansion - Ep 94
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18:27In this episode, I reveal how I bought 7.6 acres of land for a fraction of the price and turned it into a high-end assisted living mansion that’s not only beautiful but built to generate real income. If you’ve ever thought about breaking into the assisted living industry, investing in senior care real estate, or just wanted to know how to acquire l…
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#270 - The Social Media Strategy That Generated $50K in Direct Bookings - Kamille Longstreet
1:01:46
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1:01:46Joining us in this episode of Living Off Rentals is someone with a 20-year background in the digital media space. Kamille Longstreet is a real estate investor, influencer, and co-founder of Stay Booked, a company that helps vacation rental owners master independent marketing to grow their bookings. With over 20 years of experience in the media and …
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What Makes Senior Housing One of the Most Recession-Resilient Investments - Ep 93
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22:06In this episode, we dive into the impact of economic downturns on different types of senior housing investments. With market volatility on the rise, understanding how to position your real estate portfolio is more important than ever. We break down the key differences between independent living, assisted living, and memory care—and explore which mo…
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#269 - How to Boost Rental Revenue with Direct Bookings - Ollie Laing
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44:58In this episode of Living Off Rentals, we’re joined by UK-based short-term rental investor Ollie Laing, who’s cracked the code on direct bookings. While most hosts rely heavily on platforms like Airbnb and Booking.com, Ollie generates over 50% of his revenue from direct bookings through his own website. In this episode, he shares exactly how he doe…
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Assisted Living Investing in Middle America: Earn $30K+ Per Month! - Ep 92
12:27
12:27
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12:27Think assisted living is only profitable in big cities? Think again! In this episode, Brett Chotkevys reveals how you can generate over $30,000 per month by investing in assisted living mansions in Middle America. 🏡💰 Learn the real numbers, startup costs, and strategies to build a thriving senior care business in smaller markets—without breaking th…
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#268 - Figuring out your true net worth and gaps in your wealth - Donald Pearson
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46:48
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46:48Joining us in this episode of Living Off Rentals is Donald Pearson, a Wealth Management Advisor at Westpac Wealth Partners who holds an impressive list of certifications. Donald is a CERTIFIED FINANCIAL PLANNER™ (CFP®) and a Retirement Income Certified Professional® (RICP®), and he helps individuals and business owners reach their financial goals a…
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STOP Wasting Time on Pennies! Focus on Making MILLIONS! (Entrepreneur Must Watch) - Ep 91
9:21
9:21
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9:21Are you stuck trying to save a few bucks when you should be focusing on making BIG MONEY? In this video, I share a CRUCIAL business lesson I had to relearn—stop sweating the small expenses and start thinking in DECIMAL PLACES. If you’re an entrepreneur, CEO, or business owner, this mindset shift is a GAME-CHANGER! At Platinum Resort Assisted Living…
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#267 - Short-Term Rental Design for SUPER High Revenue - Mark Lumpkin
41:31
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41:31In this episode of Living Off Rentals, we are joined by Mark Lumpkin, a real estate investor who fell in love with short-term rentals 10 years ago. Mark has helped over 500 short-term rental investors optimize their properties—handling everything from renovations to design—and has guided many others in establishing their own successful rentals. Lis…
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Doctors & Nurses: This Side Hustle Could Replace Your Salary—And No One’s Talking About It! - Ep 90
13:39
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13:39Are you a healthcare professional looking for a flexible, high-paying side hustle that fits your busy schedule? Thousands of doctors, nurses, and medical professionals are cashing in on this game-changing opportunity—without quitting their day job! No extra certifications needed Work on your own terms Massive earning potential Don’t miss out on thi…
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#266 - How to turn 1 rental into 8 rentals (and massively increase cash flow) - Atticus LeBlanc
52:42
52:42
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52:42Joining us in this episode is someone who has been making waves in the affordable housing space. He is a returning guest, previously appearing on Episode 92 of Living Off Rentals in 2021. Atticus LeBlanc is the founder of PadSplit, the country’s largest co-living marketplace, which helps property owners increase cash flow while providing affordable…
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This Will Change Senior Living FOREVER… (Why Big Facilities Are Failing!) - Ep 89
9:52
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9:52Senior housing is in trouble. Inflation, tariffs, and rising construction costs are making large-scale assisted living projects nearly impossible. But there’s a hidden opportunity in smaller 16-bed facilities. In this episode, Brett Chotkevys breaks down why the old model is failing and how YOU can capitalize on the biggest shift in senior living h…
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#265 - Is Real Estate Investing a Better Option Than College? - Steven Rich
50:53
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50:53Is college the best path to financial success, or is there another way? In this episode, Steven Rich shares his bold decision to drop out of his mechanical engineering program and dive headfirst into real estate investing. Now, he is the owner of 50 service accommodation rooms with bookings across several online travel agency (OTA) platforms like A…
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How I Make $40K/Month with Assisted Living! (BIG Mistakes to Avoid) 🔥 - Ep 88
11:59
11:59
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11:59Are you thinking about getting into the assisted living game? With baby boomers aging fast and beds charging $8,000–$10,000 per month, the opportunity is HUGE! But is it really that easy? 🤔 I converted a 1974 ranch house into a 15-room assisted living facility and now net $40,000 per month—but I made some BIG mistakes along the way. 😱 💡 In this vid…
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#264 - From Wealth Manager to Building Personal Real Estate Wealth - Austin Palacios
43:57
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43:57For today's episode of Living Off Rentals, we are joined by Austin Palacios, a short-term rental investor based in Miami. He is also the bestselling author of “Airbnb Co-hosting Secrets: How to Start and Scale a Co-Hosting Business in 30 Days,” and has been featured on MSN, Mogul's of Business, and US Times. Austin started his career in wealth mana…
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How to Make $50K/Month in Assisted Living | 4 Proven Ways to Increase Profits - Ep 87
11:27
11:27
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11:27Want to make $30,000 - $50,000 per month in assisted living investing? In this episode of Assisted Living Investing, Brett Chotkevys reveals 4 powerful ways to maximize your income and scale your residential assisted living (RAL) business. What You’ll Learn: How to increase service levels and charge premium rates Why upgrading your facility and ame…
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#263 - How to pick winning investments based on school districts - Sean O'Dowd
41:49
41:49
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41:49Joining us in this episode of Living Off Rentals is someone who has built a portfolio around one of the most sought-after factors in housing—access to top-tier schools. Sean O'Dowd is the Managing Director of Scholastic Capital, a real estate fund that acquires and rents out single-family homes in elite school districts. He began his career at Bost…
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Why 6-Bed Assisted Living Homes Don't Work Anymore - 86
10:19
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10:19Many aspiring investors think a six-bed residential assisted living home is the perfect entry point into the industry. But is it really profitable? In this episode of Assisted Living Investing with Brett Chotkevys, we break down why small-scale facilities are no longer a viable business model. From skyrocketing labor costs to insurance hikes and in…
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#262 - How to identify a high cash-flowing short-term rental - Julie Gates
53:42
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53:42Joining us in this episode of Living Off Rentals is someone who has been a real estate investor since 2004 and has a diverse portfolio of residential, commercial, and self-storage properties. Julie Gates started SID WAS HERE in 2017, which specializes in short-term and long-term rentals. She also produces a local podcast about investing in Savannah…
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GAME-CHANGER! Hiring Your First Assisted Living Manager? WATCH THIS! - Ep 85
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16:07Hiring your first manager for your assisted living home? This is a HUGE step that can make or break your business! In this episode, Brett spills the secrets on how to find the RIGHT person, avoid costly mistakes, and set your facility up for success. 💡 What skills matter most? ⚠️ Red flags to watch for! ✅ Must-know hiring hacks! Don’t wing this—get…
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#261 - Sportscaster to failing entrepreneur to successful short-term rental investor - Kyle Stanley
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48:51In this episode of Living Off Rentals, we’re joined by someone who went from sportscaster to struggling entrepreneur, before finally finding the success and fulfillment he was looking for through short term rental investing. Kyle Stanley spent a decade as a serial entrepreneur before discovering real estate. At 31, he took a chance on investing and…
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My Path to an 8-Figure Net Worth in Assisted Living | How I Built a Multi-Million Dollar Business. - Ep 84
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12:48Ever wondered how to build an 8-figure net worth in assisted living? In this video, I share my personal journey—from mobile home investing to flipping, rentals, and ultimately, developing high-end Assisted Living Mansions. 🏡 How I scaled from a single property to a $30M+ real estate empire 📈 The business model that generates over $1M+ in annual cas…
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#260 - Remote Real Estate Investing for Financial Independence - Michael Albaum
43:47
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43:47Joining us in this episode of Living Off Rentals is someone who has spent the last decade mastering remote real estate investing across a range of property types. Michael Albaum is a seasoned real estate investor who began his journey in 2012 and has since built a portfolio spanning various asset classes. As the creator of MyFI (Financial Independe…
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Mastering the Assisted Living Tour: How to Close More Move-Ins - Ep 83
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25:13A structured, repeatable tour process is the key to filling beds and training your team to consistently convert prospects into residents. This proven method has helped us maintain a 50+ person waitlist and ensure every tour leads to meaningful conversations and higher close rates. What You’ll Learn in This Episode: The Repeatable Tour Structure: A …
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#259 - How the right LLC structure can save you - Glenn H. Truitt Esq.
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1:01:10Joining us on this special fifth-anniversary episode of Living Off Rentals is an attorney with over 15 years of experience helping high-net-worth individuals protect their assets and grow their wealth. Glenn Truitt is the co-founder of Private Wealth Law, where he focuses on everything from Mergers and Acquisitions to Corporate Governance and Asset…
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The Ultimate Formula for Maximum Profit: Secrets to Skyrocketing Your Business Revenue! - Ep 82
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13:54Are you ready to unlock the ultimate formula to maximize your profits and skyrocket your business revenue? 🚀 In this game-changing video, we reveal the secrets to achieving exponential growth in your business by leveraging proven strategies for success. Whether you're a small business owner, entrepreneur, or seasoned professional, these tips will h…
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#258 - Leveraging your network to find deals - Buddy Rushing
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56:53
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56:53For the third time, we've got Buddy Rushing coming back for today's episode of Living Off Rentals. He is the co-owner, president, and CEO of White Feather Investments, a company whose mission is to educate and empower military members to achieve financial freedom through real estate investing. Buddy is a Marine Corps veteran whose passion is to hel…
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The Real Price of Financial Freedom: Sacrifices, Hardships, and Success Stories - Ep 81
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11:37Unlock the secrets to achieving financial freedom with real-life experiences and actionable insights! 💰 In this episode, we dive deep into the sacrifices and hard decisions required to reach your financial goals. From mastering the rental property game to building a thriving assisted living business, we share the untold struggles and lessons learne…
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#257 - Creating Financial Freedom while serving in the Army - Beau Webb
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54:22Joining us in today's episode of Living Off Rentals is someone who has served as a Black Hawk Helicopter Pilot in the US Army for seven years. While flying in the Army Beau Webb discovered seller financing, and was able to utilize this strategy to build a portfolio of rental properties. Because of his real estate investments, he was able to leave t…
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From Family Care to $40K/Month: The Truth About Assisted Living Investing - Ep 80
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8:43Discover how turning personal family care into a business can generate incredible profits while making a real difference. Learn why assisted living mansions are the future of senior care, offering a chance to create a $40,000/month income while saving families from corporate-run facilities. Hear our story of passion, purpose, and profit, and why th…
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Sex & Money: How to Have Tough Conversations for Relationship Goals | Donkey & The Bee Podcast - Ep 67
26:24
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26:24In this episode of The Donkey and The Bee Podcast, Bret and Laura dive deep into the uncomfortable but essential conversations about sex and money—the two topics that can make or break relationships. Learn how to set meaningful New Year goals as a couple, tackle vulnerable discussions, and align on expectations to strengthen your partnership. We sh…
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#256 - From RN to using VAs to run a rental business - Stephanie Figueros
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50:02In this episode of Living Off Rentals, we interviewed Stephanie Figueros. Before her real estate journey, she was once a registered nurse. Now, she has a unique story and expertise owning short-term rentals, flipping properties, partnering with other investors, and utilizing virtual assistants to run her business. In addition, she also has a platfo…
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How to Be a Millionaire in 2025 with Assisted Living Mansions | Brett Chotkevys’ Strategy - Ep 79
17:38
17:38
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17:38Unlock the secrets to achieving millionaire status in 2025 through the lucrative world of assisted living mansions. Brett Chotkevys, owner of Platinum Resort Assisted Living and a successful real estate developer, shares his journey from flipping houses to creating life-changing wealth in the assisted living industry. In this video, Brett breaks do…
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#255 - Creating Significant Wealth One Rental at a Time - Michael Zuber
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37:53Joining us in this episode of Living Off Rentals is someone who utilized long term rentals as a way to exit his 9-5 job and live a life of freedom. Michael Zuber is the author of 'One Rental at a Time,' and aims to help people start their real estate investing journey by simplifying the process. In this episode, Michael shares his journey from work…
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How to Lose $1M+ in Assisted Living: Avoid These Costly Deal Structure Mistakes - Ep 78
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14:18In this episode of Assisted Living Investing with Brett Chotkevys, we uncover one of the biggest pitfalls in the assisted living industry: unnecessary deal structures and partnerships that can cost you over $1 million. 🚨 From splitting cash flow improperly to losing equity during an exit, we discuss how seemingly small decisions can have massive fi…
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#254 - How to Build Unshakeable Wealth - Larisa Olteanu
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1:04:00In this episode of Living Off Rentals, we are joined by someone who started as a struggling immigrant with $20, a bag of clothes, and no knowledge of English. Larisa Olteanu is now a CEO investor and a philanthropist. She is the CEO and Founder of Unshakable Wealth and the author of Destined for Wealth, a Wall Street Journal best-seller. Listen as …
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