Episode 157 | What is the SECRET to Validating an Assisted Living Market Quickly? (The 5% Rule)

Summary In this conversation, Brandon Gustafson discusses the 5% rule as a foundational method for validating markets in assisted living. He explains how to apply this rule to determine the demand for assisted living services based on population demographics. The discussion emphasizes the importance of conducting thorough market research beyond the 5% rule, analyzing competition, and tailoring marketing strategies to attract potential residents. Gustafson also encourages exploring different geographical markets and various methods to enter the assisted living industry, ultimately inviting listeners to join his coaching program for personalized guidance. Chapters 00:00 Introduction to the 5% Rule 02:04 Understanding the 5% Rule in Assisted Living 04:55 Market Research: Beyond the 5% Rule 08:53 Analyzing Competition and Facility Types 11:56 Marketing Strategies for Assisted Living 15:02 Exploring Opportunities in Different Markets 17:17 Methods to Enter the Assisted Living Market 18:56 Invitation to Join the Roadmap Challenge Struggling to launch your assisted living business? Get clarity in 5 days → roadmapchallenge.com The Assisted Living Roadmap Challenge is a live 5-day experience designed to help you: ✅ Get clarity on your assisted living business model ✅ Understand the numbers, licensing, and funding process ✅ Build your personalized roadmap to launch Whether you’re starting from scratch or ready to scale, this challenge gives you the tools and support to move forward confidently. 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/aligrant  Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590   Visit us at https://urlgeni.us/alihome to learn more! Please follow Assisted Living Investing on other social media: Facebook: https://urlgeni.us/facebook/alifbgroup  LinkedIn: https://urlgeni.us/linkedin/alili  Twitter: https://urlgeni.us/twitter/alix  Instagram: https://urlgeni.us/instagram/aliig  Make sure you like, comment, and subscribe to Assisted Living Investing! Comments are especially valuable as they will help better inform the content that is helpful to you as an investor and as somebody looking to get into real estate investing through residential assisted living. And connect with Brandon on LinkedIn: https://urlgeni.us/linkedin/bgli  Learn more about Brandon’s facilities at: http://www.beewellassistedliving.com/