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

Assisted Living Investing

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 experience in Assisted Living. This added a lot of uncertainty to his deal. So, Brett had to get creative in figuring out how to get the deal done.

Brett was able to review every single expense for his Assisted Living construction to ensure he could create the best product with the least amount of money. Then, he found new builders who were interested in and passionate about the project and who also had great connections. Brett went from losing his builder to forming an entirely new team that saved him money and earned his trust. Watch this video so you can learn how to flip your situation around if something like this happens to you!

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Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.

Intro Music by Alex_Kizenkov via Pixabay