SA507 | Residential Care and Senior Living Homes and Communities with Chuck Bongiovanni

If you're looking to invest with a deeper purpose, we invited Chuck Bongiovanni to this show to give us the best investment option! Today, he'll introduce residential assisted living and home care, how this business model works, its value proposition in the community, and a lot of things you should know as an investor or a franchisee of these facilities. This is indeed another great conversation, so tune in!Key Takeaways to Listen forResidential Care and Assisted Living: How this business model work, its value for investors, and communitiesResidential care homes’ business structure and operationsDifferences between small care homes and regular nursing homesCommon challenges and mistakes investors make when franchising or investing in assisted living facilitiesLiabilities and state’s involvement in terms of senior home care’s accreditationThe reason behind higher demands in smaller nursing homesResources Mentioned in This EpisodeFree Apartment Syndication Due Diligence Checklist for Passive Investor Homeowner’s Association (HOA)The Fair Housing ActAbout Chuck BongiovanniChuck Bongiovanni is a Certified Franchise Executive and the founder of CarePatrol Franchise Systems, the largest franchised senior placement company in the nation with over 150 offices. He is currently CEO and Co-Founder of Majestic Residences Franchise System, a senior residential care home franchise. The U.S. assisted living facility market was valued at $83.2 billion in 2020 but gaining a piece of the massive pie has been extremely difficult. Until now. Chuck built the largest senior placement franchise in the world and after working with over 10,000 families who struggled with finding the right care home for their elderly parents, he saw a massive opportunity. He launched the only international residential care home franchise in the world, Majestic Residences. Connect with ChuckWebsite: Majestic ResidencesConnect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.