Can a Care Home with Two or Three Beds Actually Be Profitable?

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  • Опубликовано: 27 дек 2024

Комментарии • 125

  • @miguelterrazas3348
    @miguelterrazas3348 10 месяцев назад +15

    Brandon, love your videos. I have a request. Can you please increase the audio levels (volume) in your videos. I have my desktop turned up all the way, but I can barely hear you. Thank you.

    • @assistedlivinginvesting
      @assistedlivinginvesting  10 месяцев назад +1

      Thanks for the kind words!
      Yes - the recent videos should have better audio, but I'm always working to improve!

  • @kjohnson8081
    @kjohnson8081 3 месяца назад +3

    So basically you can have an elderly group home too with a home manager as well. In some States it's about the Language of it as well when it comes to your zoning as well

    • @assistedlivinginvesting
      @assistedlivinginvesting  3 месяца назад +1

      Yep exactly, the phraseology is different in the different states, which causes some confusion; you also wan to be careful on how you talk about care homes/facilities when talking to zoning to make sure it's clear what you're trying to do.

  • @JordanBarber-yw2ol
    @JordanBarber-yw2ol 3 месяца назад +2

    Brandon you are the man brother your information is spot on we look forward to working with you!!!🎉🎉

    • @assistedlivinginvesting
      @assistedlivinginvesting  3 месяца назад

      Thanks, I appreciate it! Looking forward to working with you too!
      If you haven't already, you can apply to the mastermind program here: alimastermind.com/application

  • @letmetryit7659
    @letmetryit7659 9 месяцев назад +1

    Hi Brandon new to your channel and i’d like to hear more about livin care giver

    • @assistedlivinginvesting
      @assistedlivinginvesting  9 месяцев назад

      Thanks for watching! Here's a video I did on this topic: ruclips.net/video/x7xWlonn6rA/видео.html
      If you want more information comment on that video with some specific questions and I'll try to do a LIVE for you in the next few weeks.
      You can also reach out to me here for a free strategy session: assistedlivinginvesting.net/strategy

  • @mercedesr-v9u
    @mercedesr-v9u 7 месяцев назад +1

    Hi Brandon , thank you for such excellent video . I live in NYCITY borough of Brooklyn my question to is how long it take to obtain a licenses and if I can Stat facility with out license while , Im waiting for licenses thanks

    • @assistedlivinginvesting
      @assistedlivinginvesting  7 месяцев назад

      Great question, I did a video on unlicensed facilities this week, so check that out: ruclips.net/user/liveKzVZRei0kqE?feature=share
      The process really depends on the state and how quickly they can process things, it can be a few months up to a year, but depending on how you set up the home you may be able to start without a license.
      If you'd like to chat more reach out to me for a free strategy session: assistedlivinginvesting.net/strategy

  • @sugarwatermelon1088
    @sugarwatermelon1088 4 месяца назад +1

    Hello so interesting just starting are you able to be caretaker and get paid for that but also do Medicaid patients in a 2-3 bedroom. Just finished watching your Medicare video.

    • @assistedlivinginvesting
      @assistedlivinginvesting  4 месяца назад

      Yes, you should be able to do that as long as you're a licensed facility and the residents aren't family members.

  • @coraleebleil6216
    @coraleebleil6216 3 месяца назад

    Hi Brandon, quick question. I have 2 extra bedrooms in my home and would like to board or housed to to older adults as a care home. I was told I do not need to licenses it since I will be living there as well as having lees than 2 people. Is that factual?

    • @assistedlivinginvesting
      @assistedlivinginvesting  3 месяца назад

      I would check with your state to make sure, but you should be able to do that. If one of the individuals is a family member though you won't be able to get reimbursed for them, there is a law against that - anybody else though is fine.
      Again, double check with the rules in you state before you get too far down the road.

  • @babsiefacey
    @babsiefacey 2 месяца назад

    Hi Brandon, love your videos. I have a 3 bed that I'm thinking to do a Care Home. Apart from private pay, how can I source clients? I know every state is different with their regulations. In you state how much per day does Medicaid pays for a client that has Dementia, Behavioral health, ect? Which Department in my state generally gives that information?

    • @assistedlivinginvesting
      @assistedlivinginvesting  2 месяца назад

      Good questions and thanks for the kind words!
      Medicaid rates will depend on the state. In UT, for example, I see rates are around $80/day for normal assisted living, however in ID, we have residents with daily rates of $150+ (depending on the care we provide).
      Finding rates can be difficult, but if you do an internet search for something like, "Medicaid daily rate for assisted living in [state]" you may be able to figure something out.
      The next best thing would be to see who the Medicaid governing agency is in your state (another simple internet search for that) and then reach out to them for some guidance and direction. Generally you're looking at a department that handles welfare though (e.g., health & welfare, welfare services, etc.)
      You'll want to note, if you're doing Medicaid, you'll have to have a licensed home/facility; you cannot get certified for Medicaid without that license.

  • @leonardorodriguez795
    @leonardorodriguez795 3 месяца назад

    I never find answer.How much do i need to start an alf?.I have a 3/ 2 house.

    • @assistedlivinginvesting
      @assistedlivinginvesting  3 месяца назад

      It really is going to depend on which renovations you need to do to the house to get ready to be licensed and what you find in your underwriting is your operating costs.
      Your probably in the ballpark of $40K-$100K, but it really depends on each circumstance.

  • @Ricardomelendez-n3z
    @Ricardomelendez-n3z 4 месяца назад +1

    Deep dive, Thanks 3 beds/ Florida

  • @allanmichellesunga
    @allanmichellesunga 3 месяца назад +1

    deep dive. Thanks!

  • @rosejones2932
    @rosejones2932 Год назад

    I would like more info from you about the homes for the mental ill.

  • @TANYA-q3m8o
    @TANYA-q3m8o 2 месяца назад

    Deep Dive. Thank you.

  • @yvetterobles8566
    @yvetterobles8566 4 дня назад

    I would think that the smaller the setting the better care I would hope what I would want for my parents

    • @assistedlivinginvesting
      @assistedlivinginvesting  4 дня назад

      It's an interesting thought - there's definitely more time for 1:1 interaction in a small home, however a small home may not have the financial ability to provide all of the services that a larger home can offer.
      I think it really depends on what your needs are and the type of environment you're looking for.

  • @deborahkelly5002
    @deborahkelly5002 7 месяцев назад

    Hi! Can an LLC receive government grants?

    • @assistedlivinginvesting
      @assistedlivinginvesting  7 месяцев назад

      Great question, yes, I've obtained over $1million in grants with my entity in Colorado, which is a for-profit, LLC.
      Not all grants are made available for a for-profit LLC, but they are out there if you know where to look.

    • @jenniferroussel1656
      @jenniferroussel1656 7 месяцев назад

      @@assistedlivinginvesting Hi Brandon! Where do you look? I am an RN in Louisiana looking to invest in this market.

    • @assistedlivinginvesting
      @assistedlivinginvesting  7 месяцев назад

      A few option to get started is Loopnet.com. If you're clear on what your criteria is, getting with a broker can help out too.
      My mastermind program can help you out too: assistedlivinginvesting.net/mastermind

  • @CindyChadwick-e5o
    @CindyChadwick-e5o 7 месяцев назад

    Deep dive! Thanks in advance

  • @LasheaEvans-zq5qm
    @LasheaEvans-zq5qm 8 месяцев назад

    How much does Medicaid pay?

    • @assistedlivinginvesting
      @assistedlivinginvesting  8 месяцев назад

      It depends on the state; each state sets their own rates and it's structured slightly differently in each state, so it's hard to give a blanket answer.

  • @DanielNorstrand
    @DanielNorstrand 8 месяцев назад

    Have you done the deep dive yet?

    • @assistedlivinginvesting
      @assistedlivinginvesting  8 месяцев назад +1

      This video dives deep into the Senior Living Industry: ruclips.net/user/livePv--VJg7qpE
      Let me know if you need more information.

  • @kevinkusek
    @kevinkusek 6 месяцев назад +3

    This dude seems to know what he's talking about, without knowing too much I'm impressed that he's offering an alternative to traditional homes while increasing the availability. I'm not in a position to do it myself, but if someone already cares for an elderly parent or grandparent and has extra room, worth a thought. Not for everyone, but the need is only going to grow.

    • @assistedlivinginvesting
      @assistedlivinginvesting  6 месяцев назад +1

      Thanks for the kind words!
      And you're spot on - if you're already taking care of a loved one this is a way to leverage that and make some extra money. It's very much worth looking into!

  • @trena1495
    @trena1495 5 месяцев назад

    Please deep dive

    • @assistedlivinginvesting
      @assistedlivinginvesting  5 месяцев назад

      Here's a couple links for you:
      6 License Types: ruclips.net/user/live1NmTJFPYA_s?feature=share
      What is Senior Living: ruclips.net/user/livePv--VJg7qpE
      Enjoy!

  • @joyflores1091
    @joyflores1091 Год назад

    Deep dive. Thank you

  • @beckyjackson3790
    @beckyjackson3790 7 месяцев назад

    deep dive, thank you

  • @life.re-defined
    @life.re-defined 2 месяца назад

    More more more like this. Deep dive please

  • @amybuxton3189
    @amybuxton3189 2 месяца назад

    Deep dive, please.

  • @phaedraharris7006
    @phaedraharris7006 Год назад +1

    Deep Dive please 😮

  • @teresahurtadogonzalez318
    @teresahurtadogonzalez318 9 месяцев назад

    Deep dive thanks

  • @varunmishra5849
    @varunmishra5849 Год назад +1

    Deep Dive

  • @rachelguilford8330
    @rachelguilford8330 17 дней назад

    Deep dive 6 bed Florida

  • @maryc8tube
    @maryc8tube Год назад

    Deep dive please

  • @SuddenEden
    @SuddenEden 5 месяцев назад

    deep dive! 😁

  • @roseswann-mamak6736
    @roseswann-mamak6736 3 месяца назад

    Deep Dive

  • @emmanuelboakye8369
    @emmanuelboakye8369 10 месяцев назад

    Deep Dive❤

  • @MsLatoyanelson
    @MsLatoyanelson 7 месяцев назад

    DEEP DIVE

  • @ProphetessSheena
    @ProphetessSheena Месяц назад +1

    Your coaching prices are unaffordable for the average person.

    • @assistedlivinginvesting
      @assistedlivinginvesting  Месяц назад

      I'm sorry you feel that way - I have a variety of coaching packages to help you get started, you can check them all out here: assistedlivinginvesting.net/store
      You're also more than welcome to watch all the free content on YT and join a live session to ask any questions you might have as you look get started.
      PS - I'm way more affordable than the competition - my coaching packages are a small fraction of the prices they try to sell you (or up-sale) you on.
      Best of luck!

  • @lorettaj6995
    @lorettaj6995 8 месяцев назад

    Deep dive.

  • @RhondaSimone
    @RhondaSimone 3 месяца назад

    Deep dive

  • @mimi241990
    @mimi241990 6 месяцев назад

    deep dive

  • @TracyLanding
    @TracyLanding 8 месяцев назад

    Deep dive

  • @Avechuchoaxel
    @Avechuchoaxel 9 месяцев назад

    DEEP DEEP DEEP DIVE !!

    • @assistedlivinginvesting
      @assistedlivinginvesting  9 месяцев назад

      Thanks for the feedback!

    • @Avechuchoaxel
      @Avechuchoaxel 9 месяцев назад

      @@assistedlivinginvesting I'll really love to contact you asap. I just found for sale a 15 room property that previously was a Hotel with all the amenities and fantastic views here in California in the neighborhood of Big Bear/Lake Arrowhead ski centers area. (medium to high income / 60+ average residents age / average 80's yrs old parents). I'm new to the RAL investing scene. I need some wise directions on how to initiate our investment in this business.

  • @lakishatwhatley
    @lakishatwhatley 4 месяца назад

    deep dive

  • @barehillzkennels34
    @barehillzkennels34 Год назад

    Deep dive

  • @chevannesehibbert9703
    @chevannesehibbert9703 7 месяцев назад +1

    Deep Dive

  • @ritaanwary428
    @ritaanwary428 2 месяца назад

    Send me pls I live in la

    • @assistedlivinginvesting
      @assistedlivinginvesting  2 месяца назад

      Thanks for watching!
      What thing do you need me to send and I'll get you the link.

  • @wonderfuljoanna21
    @wonderfuljoanna21 5 месяцев назад

    No thank you

  • @roseswann-mamak6736
    @roseswann-mamak6736 10 месяцев назад

    Deep dive please

  • @jenniferroussel1656
    @jenniferroussel1656 7 месяцев назад

    DEEP DIVE

  • @LaurieSmith-b4t
    @LaurieSmith-b4t 10 месяцев назад

    Deep Dive

  • @sataniabarr2498
    @sataniabarr2498 2 месяца назад

    Deep dive

  • @EdrineKasasa
    @EdrineKasasa 7 месяцев назад

    Deep dive

  • @coraleebleil6216
    @coraleebleil6216 3 месяца назад

    deep dive

  • @foreverlovee935
    @foreverlovee935 Год назад

    Deep dive

  • @DeAnaira
    @DeAnaira 2 месяца назад

    Deep dive

  • @j.niccicoffie3272
    @j.niccicoffie3272 7 месяцев назад

    Deep dive

  • @idagross8571
    @idagross8571 10 месяцев назад

    Deep dive

  • @robydespeignes2218
    @robydespeignes2218 10 месяцев назад +2

    Deep dive

  • @dawnturner3184
    @dawnturner3184 Месяц назад

    Deep dive

  • @geraldinewright8225
    @geraldinewright8225 7 месяцев назад

    Deep dive

  • @matildaonwugbenu1654
    @matildaonwugbenu1654 26 дней назад

    Deep dive

  • @valentinajarda7822
    @valentinajarda7822 7 месяцев назад

    Deep dive

  • @valentinajarda7822
    @valentinajarda7822 7 месяцев назад

    Deep dive

  • @EdrineKasasa
    @EdrineKasasa 6 месяцев назад

    Deep dive