Episode 86 | How to Start a Career in Assisted Living (and Why You Should)

In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares his personal journey into the world of assisted living investing. He discusses his educational background in healthcare administration, the pivotal moment he decided to enter the real estate market after reading 'Rich Dad, Poor Dad,' and the challenges he faced along the way. Brandon covers his initial attempts to convert properties, the importance of understanding local municipality regulations, and his eventual decision to buy an existing assisted living facility. He emphasizes the value of taking action, leveraging tools like the free underwriting calculator, and seeking guidance from mentors. Finally, Brandon introduces his five-phase process for launching an assisted living business and offers support through his year-long mastermind program. Listeners are encouraged to take consistent steps toward their goals and utilize available resources for success. 00:00 Introduction to the Podcast 00:18 Free Underwriting Calculator 00:37 Brandon's Origin Story 02:41 Navigating Local Regulations 03:24 Finding the Right Property 04:39 First Deal and Learning Curve 07:38 Mentorship and Networking 09:54 The Five Phase Process 10:35 Encouragement and Resources 11:24 Conclusion and Next Steps 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 Get the Rich Dad Poor Dad Book: https://amzn.to/3RdEesx 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