Episode 26 | Using a Placement Agency to Fill a Residential Assisted Living Facility

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson discusses whether you should use a placement agency for your assisted living facility. He explains what placement agencies do and how they operate and draws parallels with the real estate industry. Brandon outlines the pros (such as getting more leads quickly and increased advertising) and cons (like high costs and the need for extensive follow-up) of using these agencies. He advises small facility owners to consider partnering with local placement agencies for better community engagement. Resources like the free underwriting calculator and business planning guide on the website are highlighted, along with additional support options, including the mastermind program. 00:00 Welcome to the Assisted Living Investing Podcast 00:28 Introduction to Placement Agencies 00:40 How Placement Agencies Work 05:41 Pros of Using Placement Agencies 06:56 Cons of Using Placement Agencies 09:28 Advice for Small Assisted Living Homes 11:00 Conclusion and Resources    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 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 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