How I Make $40K/Month with Assisted Living! (BIG Mistakes to Avoid) π₯ - Ep 88
Manage episode 470164713 series 3491895
Are you thinking about getting into the assisted living game? With baby boomers aging fast and beds charging $8,000β$10,000 per month, the opportunity is HUGE! But is it really that easy? π€
I converted a 1974 ranch house into a 15-room assisted living facility and now net $40,000 per monthβbut I made some BIG mistakes along the way. π±
π‘ In this video, I break down:
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The #1 zoning obstacle that could kill your deal π«
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Why most people FAIL at home conversions π΅
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How to find non-zoned areas for BIG profits π
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The ADA compliance trap that can cost you thousands πΈ
Don't make the same mistakes I did! Watch now to learn how to build a profitable assisted living business the right way.
π Virtual Tour: PlatinumResortAssistedLiving.com
π Subscribe for more insider business tips!
#AssistedLiving #RealEstateInvesting #PassiveIncome #SeniorCare #BusinessGrowth #Entrepreneurship #HomeConversion #ZoningLaws #ADATips #RealEstateDevelopment #MoneyMatters
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Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.
Intro Music by Alex_Kizenkov via Pixabay
101 episodes