RG 325 - The Challenges of Investing in Assisted Living Facilities – w/ Prashant Kumar

It’s always interesting to hear how other ex-pats built their empires here in the US. Let’s hear how Prashant Kumar, a fellow ex-pat investor, found success in real estate after leaving his corporate job. Prashant is the CEO and President of MyRealtyGains Management, a real estate investment firm that helps aspiring investors find hassle-free opportunities to achieve financial freedom through passive investing. Before he started managing millions of dollars in assets, Prashant was like so many of us. He worked a day job in the corporate world, clocking in 40 to 60 hours weekly, until he found a way to make his money work for him. In this week’s episode, Prashant walks us through his transition from his day job to real estate investing. We also go into detail about the assets he invested in, including hotels and assisted living facilities, as well as his specific strategies for investing in these properties. Whether you need another inspiring story from a fellow ex-pat or are interested in investing in assisted living facilities, our talk with Prashant is one you wouldn’t want to miss. KEY TAKEAWAYS 1. One of the scariest things about leaving your day job for a business is not receiving your next paycheck. 3. It’s not too late to start a new venture; some entrepreneurs become successful despite starting in their 40s. 3. Connections are one of the essential factors in managing and marketing assisted living facilities. 4. When looking for and choosing properties, having consultants to analyze the data for you is paramount to success. LINKS https://www.linkedin.com/in/prashant-at-myrealtygains/ https://myrealtygains.com/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com