Episode 136 | How ONE Key Person Can Help You Build Your Assisted Living Business

Brandon gives an overview of a crucial aspect of launching an assisted living business: securing funding by building relationships with key financial contacts. Brandon emphasizes that while finding lenders can be challenging, there are effective strategies to increase your chances of success. 00:00 Introduction to the podcast mission: helping beginners launch an assisted living business in the next year. 01:09 Tips on independently finding lenders via internet searches, cold calling local banks, and credit unions. 04:27 The importance of working with brokers or agents to facilitate real estate transactions and lender introductions. 06:27 Lending brokers are the key contacts because they specialize in securing funding and coaching borrowers. 08:20 Lending brokers help prepare borrowers with business plans, underwriting, and paperwork to improve lender interactions. 10:04 Emphasizing relationship building, persistence, and professionalism as critical factors in securing funding. 11:16 Additional resources: free underwriting calculator, business plan checklist, and the ALI Basics community for support. Resources Mentioned: Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator. Get your free business plan checklist today: https://urlgeni.us/alibpc Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind Apply for the Mastermind today: alimastermind.com/application Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM Get the 12 Week Year Book: https://amzn.to/4bAOpQf Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5 Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink Courses:- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala- Do you need help building your business plan: https://urlgeni.us/alibpg FREE Resources:- Business Plan Checklist: https://urlgeni.us/alibpc- Calculator: https://urlgeni.us/alicalc- Lease Agreement Template: https://urlgeni.us/alila- ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath- Grant Writing Template: https://urlgeni.us/aligrantNeed help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 Follow Us: Subscribe to the podcast for more episodes.Leave a review to help us continue bringing you valuable content. Engage with us on our various platforms for further learning and support.Facebook | LinkedIn | X | Instagram