Which State Should You Open Up Your Assisted Living? - Learn How To Find Your Market! - Ep 50
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In today's episode, we're addressing key considerations for anyone thinking about moving across the country to pursue real estate deals, especially in building memory care mansions.
What challenges and opportunities come with relocating for a real estate deal? How did we navigate leaving California's high costs and stringent regulations for a more business-friendly environment in Texas? What steps should you take to research potential states and cities, considering government regulations, permit processes, and overall business climates?
How do you choose the right state and city for your business? Is it just about finding favorable regulations and lower costs, or do you also need to love where you live? What local government policies and cost differences should you consider, and why can even business-friendly states have cities with significant bureaucratic hurdles?
These are the essential topics we tackle in today's episode. Thank you for joining us, and don't forget to share this episode with fellow entrepreneurs who dream big and are ready to make a life-changing deal.
#Investing #RealEstate #AssistedLivingInvesting
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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
70 episodes