EPISODE · May 29, 2018 · 9 MIN
The Golden Girls Model for Residential Cash Flow
from Assisted Living Network Podcast · host RAL Academy
The Golden Girls Model is a real concept in true independent living. There are 2 sides: 1. The user side, the person living in the home. 2. The Business side, the opportunity. The users are the people living in the home. They want to continue living their life as independently as possible. We are talking about a group usually all women or all men, there are no caregivers, cooks, or housekeepers. They generally have a private bedroom but may share bathrooms, living room, kitchen, shared porch or deck, and maybe they share the garage or driveway. This is true independent living. The business side is easy. You may have a three bedroom, two bath home for rent, You could rent it out by the bedroom and focus on seniors who want to live in that community. The have private bedrooms and possibly a private bath or half a bath. You include utilities such as heat, A/C, water, and cable. You maintain the home and charge $1500 per month per bedroom. In a three bedroom home this would be $4,500 per month, and seniors typically live in a home for many many years. Someday these Golden Girls may need assisted living, which is a great opportunity to transition into a Residential Assisted Living Home.🎓 Ready to turn your passion into profit? Join Isabelle Guarino’s private Skool community to learn how to launch, run, and grow your own residential assisted living business. Get access to exclusive trainings, expert Q&As, and a like-minded community all in one place. Start learning today! → https://www.skool.com/ralacademy/about Subscribe Wherever You Enjoy Your PodcastsApple Podcasts: https://impct.live/applepodcastSpotify Podcasts: https://impct.live/spotifypodcastMore Listening Options: https://impct.live/alnetworkpodcast
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The Golden Girls Model is a real concept in true independent living. There are 2 sides: 1. The user side, the person living in the home. 2. The Business side, the opportunity. The users are the people living in the home. They want to continue living their life as independently as possible. We are talking about a group usually all women or all men, there are no caregivers, cooks, or housekeepers. They generally have a private bedroom but may share bathrooms, living room, kitchen, shared por...
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The Golden Girls Model for Residential Cash Flow
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