Najlepsze podcasty z kategorii: Assisted Living (2024)

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Turning Your Home Into An Assisted Living! - How To Convert Your Home Into A Memory Care Mansion - Ep 41 28:29

7d ago28:29

28:29

In this episode, I break down converting your home into an Assisted Living. This is something I’m sure we’ve all heard about before, people converting their garage into a bedroom and having a 6-bed Residential Assisted Living. However, I don’t think the small RAL really works anymore. You can’t have a ton of profit running a small RAL, you will be …

1
Why Our Homes Are Better Than Theirs 6:58

7d ago6:58

6:58

Did you know there are no mandated staffing ratios in the assisted living industry? Concerned? You should be. In this episode, we discuss why resident-to-staff ratios are central to providing high-quality care and provide some insights into appropriate and recommended ratios for smaller residential assisted living homes. In many typical big-box ass…

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A MASSIVE Loan For Your Assisted Living! How I Signed 1800 Page Loan Docs! - Ep 40 13:55

14d ago13:55

13:55

In this episode of Assisted Living Investing, I talk about securing a substantial loan for my Assisted Living Memory Care Mansion. Raising capital is something I am both very experienced in and passionate about. I break down the largest loan he has ever taken, which required me to sign 1,800 page loan docs! I discussed the three loans he acquired f…

1
Should You Quit Your Job to Take Care of Mom?! 6:39

14d ago6:39

6:39

With 10,000 baby boomers turning 65 every day, many families are facing difficult decisions about eldercare. Is it cruel to move your loved one out of their home into an assisted living facility? In this episode, we’ll explore the compassionate and practical reasons why you want to consider this option. Most dual-income households simply cannot aff…

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My Builder Quit! - How To Recover From Setbacks When Building An Assisted Living - Ep 39 12:49

21d ago12:49

12:49

In this episode, Brett talks about his new construction for his Assisted Living Memory Care Mansion Neighborhood! Brett always says the best way to learn is through mistakes. That is no different here. After Brett put tens of thousands of dollars and months of work into it, his builder sold the project at the last minute to another builder with no …

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4 Ways to Get Started in Residential Assisted Living 9:31

21d ago9:31

9:31

Are you considering opening a Residential Assisted Living home but not sure where to start or how long it will take to get up and running? Good news! In today's episode, we’re diving into the nitty gritty of timelines and preparation methods for getting a residential assisted living facility up and running. There are four viable options, each with …

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Everything You Need To Know About Licenses For Assisted Living! - Interview With Texas Commissioner! - Ep 38 24:30

28d ago24:30

24:30

In this special episode of Assisted Living Investing, Brett Chotkevys is joined by John Darby who is the Executive Director of TORCH. Together they interview the Associate Commissioner of Long Term Care Regulatory, Michelle Dionne-Vahalik. Essentially, Michelle runs the show here for Texas Licensure. Brett and John interviewed Michelle so they coul…

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Save Yourself From $50k in Mistakes 6:43

28d ago6:43

6:43

Have you considered opening your own assisted living facility? With over 76 million baby boomers in need of senior housing, it can be an incredibly lucrative move. However, costly mistakes in the startup process could derail your plans and rapidly drain your funds. In today's episode, we reveal some inside tips on the most common costly mistakes ma…

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How To Train Your Managers For Your Assisted Living! - Gain Financial Freedom Through Our Management System! - Ep 37 23:59

1M ago23:59

23:59

In this episode, Brett Chotkevys talks about training your managers for your Assisted Living. As he’s talked about in previous episodes, his managers are one of the most important components of his business model. By having a two-manager system, Brett ensures that he never has to deal with the day-to-day work in his Memory Care Mansion. In fact, Br…

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What’s the Difference Between Memory Care and Residential Assisted Living? 8:47

1M ago8:47

8:47

Deciding if your loved one needs more advanced memory care can be an incredibly difficult decision. In today's episode, we’ll break down the key differences between assisted living and memory care to help you determine what level of care may be required. We’ll also provide some telltale signs that it may be time to transition to memory care and tip…

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Kicking Residents Out Of Your Assisted Living! - The Process and Steps To Do It Right - Ep 36 26:59

1M ago26:59

26:59

In this episode of Assisted Living Investing, Brett Chotkevys brings his wife, Laura, onto the show! Laura handles a lot of the operations at their Memory Care Mansion. Because of that, Brett thought it would be beneficial to have her on the show to talk about a very tough issue when running an assisted living. The issue is when you have to kick ou…

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How To Hire The PERFECT Chef For Your Assisted Living! - Full Hiring Process Walkthrough - Ep 35 20:13

2M ago20:13

20:13

In this episode, Brett Chotkevys talks about hiring the perfect chef for your Assisted Living. A chef is an extremely vital part of any Assisted Living community. When you hear about the next big-boxed facilities, one of the most common complaints is how bad the food is. That is the pain point that Brett wanted to solve. As Brett always says, the b…

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Generate INFINITE Leads For Your Assisted Living! - How To Keep Your Beds Full! - Ep 34 19:13

2M ago19:13

19:13

This episode comes from one of our Free Virtual Assisted Living Workshops that we host every month. In this episode, Brett talks about marketing, more specifically, how to get infinite leads for your Assisted Living without spending a dollar on marketing. This is a custom marketing strategy that Brett and Laura created when they learned how bad mar…

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The BEST Way To Start Your Assisted Living - Setting Up The Perfect Deal - Ep 33 14:07

2M ago14:07

14:07

In this episode, Brett Chotkevys discusses the essential aspects of entity structuring within the assisted living sector. Join us as we explore the world of entity structuring, where Brett simplifies complex concepts to help you understand why it's crucial to separate real estate holdings from day-to-day operations. Discover practical advice on cho…

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How Much Should You REALLY Pay Your Managers - Assisted Living Investing - Ep 32 12:40

2M ago12:40

12:40

In this episode, Brett talks about how much you should pay your managers for your Assisted Living. Brett operates his Memory Care Mansion with the Two Manager System. This ensures that he never has to come into his Assisted Living to cover for someone because he knows that he’ll always have a manager there. This system is only possible with his 16-…

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How To Get A Million Dollar Loan!: Prepping For Your Appraisal - Ep 31 26:00

3M ago26:00

26:00

In this video, Brett talks about your Assisted Living Appraisal. Brett opened his Assisted Living not using his money, but a combination of investors and loans from banks to open his Memory Care Mansion. This was only possible because he had a great appraisal that valued his Assisted Living at over 50% of what it cost to build. This appraisal did w…

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What Loan Should You Get When Starting An Assisted Living? - SBA vs Commercial Banking - Ep 30 13:25

3M ago13:25

13:25

In this episode, Brett Chotkevys talks about getting a loan for your Assisted Living. The bank is a powerful tool to fund your Assisted Living if you don’t have a ton of capital laying around in your bank account. However, it can be confusing when choosing what kind of loan you should get. Brett breaks down the difference between SBA loans and bank…

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Week One Cohort Training Business Establishment 57:52

3M ago57:52

57:52

Join our upcoming Winter Cohort launching next week!Simply text your Name, Email, and Business Name to 443.906.3603 for an exclusive invitation to our Weekly Home Care & Assisted Living "Done With You" Group Training. Experience the power of small groups (4-7 members) with owners from diverse markets. Each cohort fosters support, accountability, mo…

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How Much Money Do You Need To Start Your Assisted Living? - Ep 29 14:09

3M ago14:09

14:09

In this episode, Brett Chotkevys talks about how much money you need to start your own Assisted Living. Brett has often found that most of the time, people think that the price of starting an Assisted Living is the biggest barrier to entry. However, Brett completely disagrees with this idea. He was able to open up his own Assisted Living without us…

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Is Assisted Living A Risky Business? How To Avoid Potential Risks and Issues While Owning An Assisted Living - Ep 28 16:29

3M ago16:29

16:29

In this episode, Brett Chotkevys talks about the risks that could happen when owning and operating an Assisted Living. Many people seem to have some anxieties when it comes to investing in Assisted Living due to the potential risks and liabilities that they may have to deal with. However, Brett is here to tell you that many of those worries are a m…

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How Much Money Can You Make Owning An Assisted Living?: 8-Bed vs 16-Bed - Ep 27 12:56

3M ago12:56

12:56

In this episode, Brett Chotkevys talks about how profitable owning an Assisted Living can be. Brett’s home is a Luxury 16-bed Memory Care Mansion. This business model has created a life of financial freedom for him and his family. Oftentimes, however, when people talk to Brett about starting their own Assisted Living business, they say that a 16-be…

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How To Find And Hire The Best Caregivers For Your Assisted Living! - Ep 26 38:01

4M ago38:01

38:01

In this episode, Brett Chotkevys has a special guest. He interviews his wife and business partner, Laura Chotkevys. Laura handles a lot more of the operational side of things when it comes to running their Assisted Living Memory Care Mansion. Because of this, Laura has a lot of experience in hiring and finding the perfect staff for their Assisted L…

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Getting Read For A HUGE Loan For Your Assisted Living! - Ep 25 12:53

4M ago12:53

12:53

In this episode, Brett talks about getting your first huge loan. Getting a million dollar loan may seem really intimidating, However, Brett talks about why it is actually a lot easier than you think. The first step you need to do is to take a look at your team. Who are your partners? Are you starting this business with your spouse? Are you doing th…

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How To Hire The Best Managers For Your Assisted Living - Learn This Method To Gain Time Freedom - Ep 24 16:52

4M ago16:52

16:52

In this episode, Brett talks about finding the perfect managers for your Assisted Living. Brett has created a business model that lets him work only 3-4 hours a week in his Assisted Living Business. The only way this is possible is because he created a system to have the best possible managers who can operate his Assisted Living Memory Care Mansion…

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First 5 Steps When Opening An Assisted Living: A Guide To A Stress-Free Business - Ep 23 12:21

4M ago12:21

12:21

In this episode, Brett walks us through the 5 steps he takes when opening a new Assisted Living home. Brett has created a business model that gave him financial and time freedom. He practically structured his Assisted Living to be almost passive, with only working a few hours a week. However, to get to that point, that will require some work on the…

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The Memory Care Advantage: The Financial Benefits of Memory Care - Ep 22 15:01

5M ago15:01

15:01

In this episode, Brett talks about the benefits of adding Memory Care to your Assisted Living Home. Brett’s niche is a Memory Care Mansion. His mansion is a 16-Bed purpose-built home for memory care. He created this business model to compete with the big-boxed Assisted Living Facilities while being way more profitable than a small Residential Assis…

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Assisted Living Investing: How To Fill Your Beds Quickly And Build A Waitlist! - Ep 21 24:22

5M ago24:22

24:22

In this episode, Brett Chotkevys reveals his marketing strategy that helped his Assisted Living Business create a waitlist of over 60 people! When Brett started his business, he was told by industry experts the best way to fill your beds, but he disagreed. Brett took a look at the industry and thought they were doing it wrong. This caused him to lo…

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Creating a Home Run Exit Strategy in Assisted Living: How to Generate $4 Million per Building - Ep 20 10:18

5M ago10:18

10:18

Welcome to the Assisted Living Investing podcast with Brett Chotkevys! In this episode, Brett shares his secrets on building purpose-built memory care mansions that are not only profitable but also offer a unique opportunity for long-term wealth creation. By designing and constructing facilities specifically tailored for end-of-life care, dementia,…

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The Assisted Living Reality Check: What To Know When Buying An RAL In An HOA - Ep 19 12:12

5M ago12:12

12:12

In this episode, Brett Chotkevys goes over one of the most common pieces of misinformation that is spread in the Assisted Living community. A lot of leaders in the community will tell you to simply just buy a house in an HOA to turn it into an RAL. However, Brett breaks the news that this is wrong. You should avoid buying an RAL in an HOA Brett dis…

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The Secret To Raising Capital in Assisted Living: Equity vs. Debt Strategies - Ep 18 19:43

6M ago19:43

19:43

In this episode, Brett Chotkevys teaches us how to raise money for an Assisted Living Business. Brett has experience in raising capital with both equity and debt, and in this episode, he uses what he learns to teach us valuable lessons and insights. He walks you through the essential steps and considerations when bringing on equity partners and str…

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Raising $1.1 Million Without Using Your Own Money: Financing Your Way to 100% Equity Ep: 17 19:35

6M ago19:35

19:35

In this episode, Brett shares his valuable insights into creative ways to raise money for your Assisted Living Business. We know that the most common reason why you may be hesitant to start your own Assisted Living Business is due to the lack of funds. That’s why we want to give you the tools and confidence to raise your funds. In this in-depth dis…

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Maximizing Assisted Living Profits: The Path To Six-Figure Monthly Income - Ep 16 14:08

6M ago14:08

14:08

In this episode, Brett Chotkevys has his sights set on making some serious six-figure monthly income. At his memory care mansion, He is able to bring in a profit of $500K a year with his business model. And now, he's here to let you in on the secrets to achieve similar results. Sure, you can cut costs, but he firmly believes that the magic lies in …

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Navigating the Fire Marshal: Key Questions and Insights to Open an Assisted Living Business - Ep 15 11:02

6M ago11:02

11:02

In this episode, Brett Chotkevys delves into the often-overlooked but essential aspects of starting your first assisted living facility. He highlights the pivotal role of entrepreneurs in taking charge of their projects and explains the significance of early discussions with the local fire marshal. From the intricacies of obtaining permits to poten…

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Crucial Steps in Assisted Living Investments: Avoid Mistakes in Zoning, Permits, and More - Ep 14 13:22

7M ago13:22

13:22

In this episode, Brett emphasizes the critical importance of conducting thorough due diligence before investing in properties for Assisted Living Homes. During this process of starting your Assisted Living Business, it is very easy to make mistakes that can snowball into huge deal-killers. Brett explores the intricacies of building regulations, zon…

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Deal Maker or Deal Breaker: City Engagement Strategies To Protect Your Assisted Living Investment - Ep 13 21:35

7M ago21:35

21:35

In this episode, Brett Chotkevys discusses one of the most crucial steps in initiating your Assisted Living Business: engaging with your local city officials. This stage is brimming with potential deal killers that can jeopardize your plans. It's essential to ask the right questions upfront to ensure the viability of your project. By communicating …

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Starting Your Own Assistant Living Business - Researching Competition Through Secret Shopping - Ep 12 18:56

7M ago18:56

18:56

In today's episode, Brett Chotkevys is your guide as we delve deep into the significance of this critical first move. This is the starting point, the essential foundation upon which your entire venture rests. It's the moment you transition from online research to the real world, that you gain priceless insights into the world of Assisted Living. Ou…

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Choosing Assisted Living Locations: Transforming Online Research into Perfect Locations - Ep 11 23:01

7M ago23:01

23:01

In this episode, Brett Chotkevys dives into the crucial steps of starting your own assisted living facility. Brett breaks down the process into four key frameworks, with today's focus on the first one: location selection. Starting with thorough online research, Brett emphasizes the importance of understanding your local market inside out. You'll ne…

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Assisted Living Investments: The Blueprint for Raising Capital and Achieving Financial Freedom - Ep 10 28:25

7M ago28:25

28:25

In this episode, Brett Chotkeys delves deep into the world of assisted living investments, sharing his personal journey that led to a life-changing deal. Many aspiring assisted living entrepreneurs face a common dilemma: They possess the passion, the heart, and the experience but get overwhelmed when it comes to raising capital. The idea of handlin…

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Assisted Living Gold: Cracking the Code to $500K Per Mansion 16:56

8M ago16:56

16:56

In this episode, Brett Chotkevys is spilling the beans on the nitty-gritty numbers and strategies behind crafting assisted living mansions that rake in big bucks and provide top-notch care. Oftentimes mentors and teachers in the field do not share the exact numbers of costs and profits that go into their business deals, this frustrated Brett back w…

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Unexpected Impact: My Biggest Surprise In Running An Assistant Living - Ep 08 10:12

8M ago10:12

10:12

In today's episode, Brett Chotkevys discusses the biggest surprise he learned from working in assisted living. Rather than simply dissecting strategies to maximize profits, Brett invites us to explore a different facet of the assisted living industry—the privilege of serving. While many people typically get into this industry to make a lot of money…

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