))
The Most PROFITABLE Business In Real Estate! - How I Make 40K A Month In Assisted Living! - Ep 55
Manage episode 429697579 series 3491895
Content provided by Brett Chotkevys. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brett Chotkevys or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Have you ever wondered how you can run a successful assisted living business with just a few people on your payroll? How can you possibly offer all the amenities and services of a big facility with such a lean team? In this episode of Assisted Living Investing, I reveal the secret to maximizing profits while maintaining top-notch care for residents.
Join me as I get into the specifics of my staffing strategy. What roles do you actually pay for, and how do you leverage outside services to fill in the gaps? Learn how you can manage to keep your expenses low by hiring only non-medical personnel like managers, caregivers, and a chef. How do these roles compare to those in larger facilities, and why does this approach make financial sense?
Discover the innovative model that allows you to provide comprehensive care without the overhead of a large payroll. How do you bring in outside medical professionals and services without the cost burden? What impact does this have on the quality of care and the bottom line? If you're looking for a way to achieve financial freedom through assisted living, this episode is packed with insights and practical advice that you won't want to miss.
#Investing #RealEstate #AssistedLivingInvesting
Follow me:
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@Brettchotkevys1
Check out some FREE Resources HERE: https://www.memorycaremansion.com
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
59 episodes
Share
