The Future of Senior Care: Residential Assisted Living in Single Family Homes
Manage episode 427451438 series 3520862
Ever wondered how you could turn a single-family home into a profitable business while providing crucial care for seniors? This episode of Money Focused Podcast promises to enlighten you with the inspiring journey of Isabelle Guarino, COO of Residential Assisted Living Academy. Hear how Isabelle's quest for quality care for her grandmother opened the door to a thriving business opportunity in the residential assisted living (RAL) industry. We break down the business model, licensing requirements, and operational roles, and explain how you can run these facilities successfully even from a hands-off position once your systems are in place. Isabelle debunks common misconceptions about using single-family homes for senior care and highlights the immense benefits. Discover how these homes offer superior, personalized care compared to larger facilities, protected by the Federal Fair Housing Act. The discussion takes an insightful turn into the growing demand for senior housing driven by the "silver tsunami" of baby boomers and the economic opportunities this presents. Isabelle provides detailed financial insights, breaking down typical income and expenses to illustrate profitability. Understand how modern technology enhances senior care, and get practical advice on starting in the RAL industry, including training programs, funding options like SBA 7A loans, and syndication. Don’t miss out on this opportunity to learn, grow, and make a difference in the lives of seniors.
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🎯Connect with Isabelle Guarino @ralacademy on Instagram and visit her website ral101.com
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Chapters
1. The Future of Senior Care: Residential Assisted Living in Single Family Homes (00:00:00)
2. Residential Assisted Living Investment Opportunities (00:00:45)
3. Senior Care Home Investment Opportunities (00:12:14)
4. Residential Assisted Living Investment Discussion (00:19:56)
5. Silver Tsunami Investment Opportunities (00:27:26)
50 episodes