Making $12K/Month (Per Property!) With Assisted Living Investing

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Information Making $12K/Month (Per Property!) With Assisted Living Investing

Title	:	Making $12K/Month (Per Property!) With Assisted Living Investing
Lasting	:	1.05.31
Date of publication	:
Views	:	111 rb

The video went mute after 30 mins
Comment from : Lizette DeJesus

I have been in the Health Care field over 20 years I am an Administrator in an assisted living I am looking to open my own within the next year and half Any advice from anyone, l would appreciate it
Comment from : Monique Young

Hi I have a 16 bedroom 10 bath house, just thinking what is its best use, hospice or other? We also have our cat,,, MOST hugged cat in the world,,,, to help comfort people
Comment from : keith frank

If you make $50 a month it does not cost 30k in expenses and who wants to take a risk of having private pay with the government is for sure paying All you need is two people 12-hour shifts and the government gives food stamps Come on now get your facts
Comment from : Reggie A

There are skilled nursing residential homes as well I am a nurse manager currently working in a skilled residential home We are a regular house and have 5 residents We have nurses on staff 12hrs a day and DSPs there 24hrs Their care ranges from IV and oxygen therapy, g-tube and catheter care, wound care, injections, etc
Comment from : Holli Matthews

What a women Brains an d beauty
Comment from : Infinate Express

Do you recommend setting up the business as a non-profit or for-profit business??
Comment from : Ricarda James

She has great info but missed on a few things There’s a level between AL and SNF that’s called Memory Care State specific, but for AL there needs to be a licensed caregiver on site at all times Ex In SC the ratio is 1 caregiver to 8 residents on 1st and 2nd shift, 1 to 30 o/n But she’s spot on otherwise
Comment from : Primo Gatto

do you not work with regional centers to get your tenants
Comment from : Ekta Sharma

If i want to own just the real estate and have it run by my administrator Finding Administrator is real pain isn't? Administrator probably want to own it by itself Where and how do you find certified bradministrated
Comment from : Ekta Sharma

Thank you for being a friend🎯🕺🏿🥂🍻
Comment from : MARVELLOUS

THIS WAS AN AMAZING VIDEO!!! Good job guys!
Comment from : Tammy Cameron

cindication
Comment from : J for jannat learning and fun

spa loan
Comment from : J for jannat learning and fun

Wow this looks very much involved and not passive
Comment from : Dexter Mane

My husband and I own two retirement facilities bringing in 60k a month! It’s amazing! I started this after being tired of working for the government for 7 years!…we renovate the homes, get them licensed and run the business Next we want to flip homes to prep them for retirement homes and rent them to those that want start this amazing lucrative business We are both in our 30s and we work from home, we have professional caregivers that run the business’s for us
Comment from : Nawal Osman

Not for sure about your cattle reference
Comment from : Nathan Wood

A few years ago there was an episode about RAL on bigger pockets Does anybody remember which episode it is? Brandon Turner was still on it
Comment from : ldgarnett777

I wish it was that simple
Comment from : Allen Chaney

I would totally stay in Rob's pumpkin rental!
Comment from : Sarah Willey

St Clare of Assisi Architecture Workshop

I would like to invest in an assisted living facility as a passive form of income In other words, can I invest with an owner who already owns a business like this? (I have not listened to the whole episode, so you may have answer)
Comment from : St Clare of Assisi Architecture Workshop

I'm an RN 39 yearswant to care for people right (I'm great at it too) but so tired of all the BS surrounding giving great care Need a new option
Comment from : Karen Klein

Licensed care homes, assisted living facilities and nursing homes provide highly structured living for people with severe mental illness, disability or medical complications With access to staff 24-hours a day and meals provided, residents usually pay most of their income except for a small allowance I am a nurse, and I have a relative with special needs that really needs a special housing situation American Residential Treatment Association shows the gold standard of these homes I spoke to a man who had started a home like this to care for his own special needs relative He has one of the most reasonable people I spoke to - and they are $6,000 a month They can go to 25,000 a month in Colorado A lot of that has to do with how pretty the property is, whether there are music therapists there , access to an actual mental hospital , etc If you are the mother of a young man (usually) they are wanting some help I would love to have some people with Masters Degrees etc brbrOf course, there is more neighborhood push back about mentally ill people, but chronically mentally ill people are not a danger to themselves or others, but they still need help brbrHome hospice is a similar niche I was talking to a relative about his mother who has cancer and they were bragging about "how much the caregiver loved her," yet they would not give her morphine If you will not give a dying person who is in excruciating pain morphine, you don't love them much :(brbrI wrote down Stephanie Cruz's name, I hope I can meet her before I leave the Bay Area
Comment from : Rose Jones

100 true During a recession I always make sure to have enough cat food for both me and grandma ❤
Comment from : The Review Channel with Wendell

She obviously didn’t start this from scratch on her own so pretty easy to leave her job and jump right in
Comment from : MichellezDelights

Seems like you have to have money first for this to become reality!
Comment from : Sika Mohican

Great show! I love the dry/poptart Different personalities make the show fun!
Comment from : tamera Alvarez

Great video! I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too This is not financial advise but get buying, cash isn’t king at all in this time!
Comment from : Darnell Capriccioso

Do a video on how we can profit off of price gouging 55+ communities They don't need their money they're on borrowed time anyway
Comment from : Leopold OConnor

Does Isabell offer coaching services?
Comment from : Leslie Claire

FYI, as a flight attendant, I can honestly say it's not financially stable enough to stay in the field
Comment from : Make It Make Scents

I called about a property and the property manager said the HOA will not allow a business to operate (Assisted Living Facility) because it's only for home owners Is that against Federal law?
Comment from : robbielex

👍 this is great info As a RN who has worked in many aging homes- I've always thought of venturing into something like this
Comment from : Shaniah Fequant

Excellent interview, She knows her stuff 100
Comment from : NORRIS SLATER

I myself work in a beautiful assisted living home it's like a huge home for seniors I actually do the NOC shift & I enjoy it There are seniors from low care to cancer patients One thing about health care it will never die it will always be in demand This is a great cash flow but you need to also have the compassion for this industry
Comment from : ManifestNatasha

My dad was in memory care, $4500 is very affordable for better care/nicer facilities Thank you for providing this
Comment from : Alan Flanagan

Dang 12k a month? She must be doing something wrong I have looked at assisted living properties making 300k a month
Comment from : David Lide

In assisted living are you figuring on the middle tier? Or you are “kind of” focusing on that level?
Comment from : TheGabe Johnson

Is it “Kind Of” the lowest level of care? Or is it just the lowest level of care?
Comment from : TheGabe Johnson

I think the bran muffin/ poptart dynamic is working well
Comment from : Gil Aukerman

Awesome interview! Can small rental (2/3 bed condos) units under HOA be used for assisted living?
Comment from : gottvid

How does a property owner determine the lease rate to charge an operator? I'm trying to figure out what the ROI is on buying properties that are turned over to an operator
Comment from : QuadTap

I'm thankful for this
Comment from : Anti Ableism

Awesome, it’s widely known though
Comment from : We Buy &Sell Houses & Apts Cash Offer

I am an Rn and this is my dream business I hope i can have funds one day 🥲
Comment from : Joanna Villanueva-Meyers

Are you willing to mentor ? I’m 23 in nursing school but starting a residential assisted living is my DREAM please help
Comment from : Brianna Lacy

Great video
Comment from : Sanitized Noodle

People have been doing this for years They get grants and funding for the home that they live in, and open it up to seniors Back when homeowner wld get training/certs in CNA/GNA or LPN and run it themselves with help and maybe 5 senior clients This is on a greater level Much different from way back when
Comment from : V C

This was so enlightening
Comment from : John Heerhold

I really wanted to get into this space but I was told it's super expensive and doesn't make any money I'm fascinated by this for sure
Comment from : Adrian Miller

This was a fun but straight-forward, informative presentation of a complex investment strategy I really loved Isabelle's conclusions at the end - must have passion - especially in this particular industry add compassion Thank you👏🏼❤‍🩹👏🏼
Comment from : Gee Smith

I love this! Thank you for sharing your wealth of knowledge I’m a nurse and so interested in starting this
Comment from : April

Nice
Comment from : Alfredo Castro

Thank you, praise God Rest in peace Gene You are blessings people for generations to come I am so proud of your daughter, she is an Angel 😇
Comment from : Miskim Venice Johnson

I met Gene during a weekend RAL training and during a conference He seemed to be a lovely man RIP
Comment from : Dr Diane Thompson, MD

"There is no HGTV show on this"
Comment from : Kevin S Oshiro

How do I find an assisted living licensed operator to lease a large home in California that will be ADA compliant?
Comment from : J Jessup

Dave, don’t change a thing brotha!
Comment from : Harold

🎉
Comment from : Wallace Wimmer

The guest "because you care" you're in assisted living business I don't think she believes that herself she only says it because she wants to sound like a caring person he'll no she mentions that she's looking for high paying clients meaning she's after big money no because she "cares" abou people
Comment from : J V

I would rather own the building and have people make me rich
Comment from : J V

Caregivers are the least paid for companies that make $20k/month/clientit is a Business not because you "care" for people no you're there to make millions so cut the BS because you "care" yeah right
Comment from : J V

So the private lenders become partners? What is the agreement like with the lenders? Its scary to be making 12k to 18k on full capacity and have several receivables Marketing will def need to be on the spot!
Comment from : Raising Standards

Nope robs a poptart 😂
Comment from : Carmellas Coffee

Rob the Pop-Tart ;) brI like David’s sober insightful delivery
Comment from : Marianne L

Interesting episode but not everyone’s cup of tea Sounds like a ton of work And people you get to know begin to fade and eventually ushered away Rather just get more Multifamily
Comment from : Tobius Onthebrink

Amazing episode David you don’t need to be silly or funny just keep dropping knowledge bud ,that’s what we here for!! Perfect as is!
Comment from : JJFADE23

This is exactly what I'm looking into in Canada 🇨🇦
Comment from : Tony Shaw

how to find people to stay in? and how to find a house that can do Assisted living? what is the private money run out, family member stop paying ? coz I heard people said, some family member stop paying, and you can not evict a Sinor out on the street where to hire the administrator?
Comment from : Li Ming Gao

Ok
Comment from : Mark Washington

I’m in I’ve been think about this idea ever since my siblings and I started the conversation about who is mom going to live with
Comment from : TheRealChallenger

Another person that was handed down most… oh well I’ll just have to grind harder
Comment from : Austyn Walters

I would be interested in seeing what she is calling luxurious living homes Interesting…
Comment from : Shelley Huskey

Having gone though this with family, I found assisted living facilities to be the biggest rip off and they did very little for the tenants They even went as far as monopolizing ambulance services because they can't pick tenants up off the ground due to liabilities Once your retirement savings are bleed dry, off to title 19 for you
Comment from : Brandon LaGrange

Great episode, thanks for sharing alot of very useful informationquick question though, what happens if someone stops paying, ie: how does the eviction process work in this case?
Comment from : J B

The HACK to this is getting into these deals with creative financing Little money down, partner with someone on the business side, and cash flow crazy
Comment from : patric scheiderer

Robs a pop tart
Comment from : Trevor Olney

I understand wanting only those who have private insurance or those who have long term insurance but what is the difference of cost for those with medcaid or medicare?
Comment from : Angelia Myers

The more watching David ; the more I like him ! Smarty !
Comment from : Jessica Hou

Yes Turn on the personality @davidgreene24
Comment from : Otis Humphreys

Go silly David!
Comment from : Benjamin Papet

Sorry about losing your Dad @Isabelle, he sounds like a man I could learn a lot from @David, I like the Bran Muffin style, I need information more than comedy these days I tend to loose attention when people are to much of a Pop Tart This was great information and a major exit strategy that I want to dive into Thanks
Comment from : James Wilson

I’ve been listening to all the BPP and to me this is one of my favorites! Thanks for bringing this asset class to my attention I believe Isabelle is one of kind and lovely and her RE/RAL business tips were 🔥🔥 Rob and Dave keep doing you I avoid pop tarts, bran muffins 4-lyphe!
Comment from : Crypt33ze

37:43 was my question 😂brThis is beautiful! I love the idea of this and helping elderly
Comment from : Some Body

Great interview I am grateful to people like her that lives to share her success
Comment from : Sergio Cifuentes

Amazing! Many things learnedI really liked PUMPKIN PLAN!! Tanks guysthanks Ms Isabelle!!
Comment from : gil vec

Question for David Greene You mentioned that you have been finding phenominal deals in this market How easy would it be tobr- Find a house with a wonky layout that has been on the market for a while, to use for this RAL strategybr- Get a huge price reduction on itbr- Find a hard money lender to fund 100 of the purchase plus rehab since you have tons of equitybr- Get the house licensed, rented out, and runningbr- Refinance with a traditional loan and pay off the hard money loanbrbrEssentially getting in with a little money as possibly and creating a nice business while using the BRRR strategy
Comment from : Chibuzor Alumba

Isabel gave tremendous value here, but I was very upset to hear her refer to people that can't afford to shell out $54,000 per YEAR for living expenses as "riff-raff"she does realize that only a fraction of American seniors have that kind of disposable income, yes? Neither my grandparents nor my parents would have been able to afford that, and they were definitely not "riff-raff" Please don't determine what kind of person someone is based solely on their wealth
Comment from : Jami Lynn

Thank you for great information brCan I do this with no or not much money? I would love to do this for my parents to live in
Comment from : Thuy Yuen

I run rental arbitrage on the Str space and would never pay 2x the market rent for a property, I usually get below market rent since I am giving security with a 3-4 year contracting place so reducing turnover to 0
Comment from : Michael Setuain

With SBA is residential assistant living treated as commercial property or residential property Unsure of what type of SBA Loan
Comment from : Mr and Dr Smith

Been waiting for a video like this to come out! I am a registered nurse and have family who are nurse entrepreneurs and send nurses/ nursing aids to homes The two businesses would compliment each other well
Comment from : Sarah Esposito

Of course she doesn't want people who are newbies She's a silver spoon so all shes doing is what her dad did so basically she knows nothing
Comment from : Renny Delgado