A Step-by-Step Guide to Your First Residential Assisted Living Investment with Dr. Alex Schloe

Physicians and Properties

Are you ready to unlock a remarkable investment opportunity that not only promises profitability but also makes a positive impact on the lives of seniors and communities? Join us in this episode as we dive into the world of Residential Assisted Living (RAL) homes, where we'll explore the growing demand, financial potential, and essential steps to embark on a fulfilling journey in RAL investing.

In this Episode You will Explore:

• The concept of Residential Assisted Living (RAL) homes and their significance.
• The compelling reasons behind the increasing demand for RAL homes.
• The financial opportunities and profitability associated with RAL investments.
• The various ownership models, including owning both real estate and operations or leasing.
• A step-by-step guide to starting your journey in RAL investing.
• The crucial role of specialized realtors and due diligence in property selection.
• Insights into securing financing for RAL investments.
• The importance of understanding and complying with local regulations and licensing requirements.

About Dr. Alex Schloe
Dr. Alex Schloe is a husband, father, and family medicine physician in the United States Air Force. His second passion is investing in real estate. As a real estate investor, he has owned 3 successful short-term rentals. He currently holds a unique geodesic dome short-term rental in the mountains and a long-term rental in Florida. Interestingly, he also house hacks a basement apartment at his primary residence in Colorado allowing him to live almost mortgage-free! He now focuses on building a portfolio of residential assisted living homes and has purchased 3 homes with more on the horizon. This will ultimately allow him to leverage real estate investing to practice medicine how he wants. He is passionate about teaching physicians about how real estate investing and entrepreneurship can lead to freedom which led him to create Physician and Properties. When he is not practicing medicine, investing in real estate, or hanging out with his family you can find him in the mountains.

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community: https://www.facebook.com/groups/physiciansandproperties

Website: https://physiciansandproperties.com/

Instagram: @physiciansandproperties

Youtube: https://youtube.com/@physiciansandproperties

Connect with Dr. Alex Schloe here:

Linkedin: https://www.linkedin.com/in/alexander-schloe-md/
Instagram: @aschloe3