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Welcome to "Assisted Living Investing," the ultimate podcast dedicated to helping you thrive in the world of Assisted Living investments. Join your host, Brett Chotkevys, as he shares his expertise and insights into the lucrative realm of assisted living. In each episode, Brett delves deep into the strategies, challenges, and opportunities of investing in Memory Care Mansions. Whether you're a seasoned investor or new to the industry, this podcast offers invaluable guidance and practical adv ...
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The Donkey and The Bee

Brett and Laura Chotkevys

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Welcome to "The Donkey and the Bee," the ultimate podcast where love, business, and financial freedom converge! Join hosts Brett and Laura Chotkevys, a dynamic couple who have unlocked the secrets to thriving in marriage, entrepreneurship, and finances. With over 17 years of marriage experience, Brett and Laura are more than just partners in life – they're partners in business too. Having embarked on the exhilarating journey of starting and operating four successful businesses together in th ...
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Get off Wall Street and explore the wide world of alternative investments for your IRA. Take control and give yourself the freedom to choose the assets for your retirement plan, assets like real estate, cryptocurrency, private placements, and much more. Our podcast features Advanta IRA professionals and guest experts who help provide a roadmap to your success with investment trends, strategies, and tips for investing your IRA to build wealth for your future.
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In this episode of Assisted Living Investing, we're answering the big question: How do you find the right piece of land for your assisted living project? We'll explore the best strategies for purchasing different types of land that you can build your Assisted Living on . If you're wondering how to pick the perfect spot to build your dream project, …
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In this episode of the AIA podcast, host Alex Perny welcomes Paul Beets from Bigger Garage Capital for a discussion on how to invest in self-storage facilities. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Po…
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Ever wonder if you should focus on looking successful or actually being successful? In this episode of The Donkey and The Bee, we dig into how trying to look good on the outside can mess up your finances. Have you felt pressured to keep up appearances but know it's hurting your bank account? We share our own story of going broke and what we learned…
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Ever wondered what it really takes to manage a successful Assisted Living Business? Feeling nervous about starting your own life-changing deal? In this episode of Assisted Living Investing, I’m chatting with my wife and business partner, Laura, about just that. We talk about overcoming initial fears, the importance of mindset, and how to handle the…
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In this episode of the AIA podcast, host Alex Perny welcomes Matt Rodak, CEO of Upright, for a discussion on the current real estate market conditions. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Podcast@Adv…
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In this episode of "The Donkey and the Bee" podcast, Laura and I chat about the tricky balance between marriage, entrepreneurship, and financial goals. Ever wonder how to juggle your business and family life without dropping the ball? Curious about how you and your spouse can truly support each other while chasing big dreams? What’s the deal with t…
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In this episode of "The Donkey and The Bee," Laura and I discuss the topic of debt. You've probably seen those "Debt-Free" parties and posts all over social media, where getting out of debt seems like the ultimate goal. But we're here to shake things up a bit and say that's not the only thing you should be aiming for. Instead, why not shoot for big…
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In this episode of Assisted Living Investing, I talk about investors for your Assisted Living business. I break down the two types of investors, how to approach them, and the best ways to impress them. The first question I answer is: what are the two types of people that can be potential investors? Depending on what kind of person they are, how do …
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In this episode of the AIA podcast, host Alex Perny welcomes financial planning expert Malcolm Ethridge for a discussion on the different types of alternative investment options. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contac…
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In this episode of Assisted Living Investing, I discuss New Construction vs. Buying an Existing Home. When starting an assisted living facility, which option is better? I have had success with both, and each comes with its unique pros and cons. When comparing New Construction Assisted Living to Remodeling an Existing Home, I use six metrics to asse…
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In this episode of the AIA podcast, host Alex Perny welcomes Jaryd Krause for a discussion on what to expect when buying an eCommerce business. Subscribe to our YouTube channel and join our growing community for new videos every week.If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Podcast@AdvantaIRA.c…
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How can you transform your career trajectory and increase your earnings by not just settling for a small pay increase but by acquiring skills that make you indispensable in the marketplace? In this episode of "The Donkey and The Bee," we explore the pivotal question: What skills do you need to significantly boost your income? Oftentimes, we see peo…
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In this episode, I discuss choosing the location for your Assisted Living. Whether you're operating a Residential Assisted Living (RAL) or a larger facility, one of the most crucial aspects of a successful Assisted Living is its location. It's essential to see if there's a viable market for your Assisted Living in the desired area before proceeding…
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In this episode of the AIA podcast, host Alex Perny welcomes Cassady Monsen of Monsen Collins Builders for a discussion on understanding zoning regulations in single family property development with Cassady Monsen. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast gue…
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In this episode, we talk about how marriages aren’t always 50/50. We are made to believe that marriages should be perfectly equal. Each partner should put the same amount of effort into the relationship. While that is good to strive for, it is heavily unrealistic to be 50/50 at all times. There can even be years of a relationship where it seems one…
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​​In this episode of Assisted Living Investing, I talk about the team you should assemble in order to make your Assisted Living business possible. I’ve heard multiple people in this industry say they don’t want a partner because they want to own 100% of the business. I’m here to tell you that train of thought is flawed. Having a team makes pursuing…
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In this episode of the AIA podcast, host Alex Perny welcomes Lane Kawaoka of The Wealth Elevator for a discussion on best practices for multifamily real estate investing. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at …
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In this episode of "The Donkey and the Bee," Laura and I discuss the importance of being there for each other. We reflect on a time in our marriage when we were younger and still immature. I struggled with alcohol, which had a significant hold on me. I used to feel like I had to get drunk every time we were with friends, at a party, or attending an…
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In this episode, we break down what makes an Assisted Living business successful. This allows me to pay more than the industry standard to my caregivers, make $40,000 a month, and only work a few hours a week. This is because of my Three P’s. In this episode, I talk about the Product, Process, and People that go into an Assisted Living and how thes…
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In this episode of the AIA podcast, host Alex Perny welcomes Eric and Deven Wohlwend of the The Real Power Family Radio Show for a discussion on how to start creating financial freedom. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions,…
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In this episode, we talk about the importance of having a financial plan. This conversation was brought up because one of our friends' spouses is ready for retirement. However, unfortunately, their spouse hasn’t really saved anything or invested despite having a very high income for many years. They have no assets or anything. This is why creating …
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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 …
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In this episode of the AIA podcast, host Alex Perny welcomes Brett Chotkevys of Palm University for a discussion on how to invest in assisted living facilities. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Po…
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In this episode of The Donkey and the Bee, we talk about setting your priorities for your financial goals. There are three main financial priorities we discuss: security, comfort, and riches. Throughout our financial freedom journey, we have prioritized all of these, and we noticed that it correlates a lot to where you are financially. Laura and I …
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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…
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In this episode of the AIA podcast, host Alex Perny welcomes Lisa Crosta of BPP Wealth Solutions, for a discussion on how to create a personal financial plan. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Podc…
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In this episode of The Donkey and the Bee, Laura and I talk about putting the marriage first. It's widely understood that parenting involves significant sacrifices. As a parent, you should always make sure your kids are healthy, safe, and loved. However, this shouldn’t come at the expense of the marriage. A rock-solid marriage is the most important…
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In this episode of the AIA podcast, host Alex Perny welcomes Brent Bowers, Founder of The Land Sharks, for a discussion on investing in vacant raw land. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Podcast@Ad…
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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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In this episode of the AIA podcast, host Alex Perny welcomes Anmol Singh, Founder of Live Traders, for a discussion on how to start investing in the stock market. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠…
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In this episode, Brett and Laura talk about growing away from their friends. This is something that we’ve all gone through. Maybe after high school or college, you slowly drift away from your close friends and don’t really communicate with them anymore. A lot of times, people see this as a sad thing. However, Brett and Laura say this isn’t inherent…
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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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In this episode of the AIA podcast, host Alex Perny welcomes franchise business expert Kim Daly for a two-part episode discussion on the basics of franchising. Part two focuses on the "mindset" aspect when investing in a franchise. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in be…
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In this episode, Brett and Laura talk about their financial freedom number. When people hear "financial freedom," their first thought is being rich. However, that’s not what being financially free means at all. The whole point of financial freedom is to reach a point where you don’t have to sacrifice your time for money. If you have a very high-pay…
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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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In this episode of the AIA podcast, host Alex Perny welcomes Sami Chalfouh of Great American Bullion for a discussion on how to invest in precious metals. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Podcast@…
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In this episode, Brett and Laura discuss teaching their kids responsibility. The most important thing Brett and Laura do as parents is that they treat their kids like adults. By treating them as such, they are able to grow and adapt quickly to the responsibilities and tasks given to them. A very common thing Brett says is, "A parent's duty is to te…
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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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In this episode of the AIA podcast, host Alex Perny welcomes franchise business expert Kim Daly for a two part episode discussion on the basics of franchising. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠⁠⁠⁠⁠⁠Pod…
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In this episode, Brett and Laura Chotkeys talk about starting a new niche! It is very common for people to feel like they are stuck with their professional careers. Maybe they think they don’t have the skills or knowledge to explore a new niche. Maybe they think the barrier of entry is too high. However, Brett and Laura fully disagree with the sent…
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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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In this episode of the AIA podcast, host Alex Perny welcomes Jeremy Goff, Managing Partner and Co-Founder of Hiram Capital, for a discussion on investing in railroads. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact us at ⁠⁠⁠…
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In this episode, Brett and Laura Chotkevys discuss screen time! If you have kids, you know how much social media has integrated with their lives. Social media apps like TikTok and Instagram's largest demographic of users are under the age of 18. Nowadays, it’s their way of sharing pop culture and learning about world events. However, a very scary r…
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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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In this episode of the AIA podcast, host Alex Perny welcomes Curtis May, President of Practical Wealth Solutions and host of The Practical Wealth Show Podcast, for a discussion on the basic principles of financial planning. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a po…
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In this episode, Brett and Laura talk about Valentine’s Day. Brett points out early on that Valentine’s Day is just a way for big companies to charge you more money, social media to put stress on the relationship, and other outside factors trying to tell you how you should love your partner. That is why Brett and Laura have never celebrated Valenti…
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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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In this episode, Brett and Laura talk about investing. People often think that you have to have a lot of money in savings to begin investing. This isn’t true at all. Brett and Laura started investing when they worked at restaurants waiting tables. If you aren't able to invest your money in a deal, then you should instead invest your time. We’ve tal…
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In this episode of the AIA podcast, host Alex Perny welcomes expert investor Christopher Zook, Founder and CIO of CAZ Investments, for a discussion on alternative investments. Subscribe to our YouTube channel and join our growing community for new videos every week. If you are interested in being a podcast guest speaker or have questions, contact u…
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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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