Before You Buy Land… Watch This (3 Deal Killers) | EP 138
From Assisted Living Investing by Brett Chotkevys
March 20, 2026 · 20 min · Episode 138
About this episode
Brett Chotkevys discusses three hidden deal killers in land buying for assisted living that can lead to significant financial losses.
Buying land for assisted living can feel like the first big win… until hidden deal killers blow up the project.In this episode, Brett breaks down 3 hidden land deal killers that can cost developers $20,000 to $100,000+ before they even start construction.Many aspiring assisted living developers get excited when they find what looks like the perfect property. The zoning seems right, the acreage looks great, and the location feels ideal.But what most people don’t realize is that land development has layers of hidden risk — and if you miss them, the deal can collapse months later after you’ve already spent tens of thousands on due diligence.In this episode you'll learn:• Why land size and shape can make a property unusable• How zoning and special use permits can derail a project• The hidden utility issues (especially fire water) that can kill dealsIf you’re looking to build assisted living or memory care communities, understanding these risks could save you tens of thousands of dollars and months of wasted time.This is why Brett and the ALM team review land deals carefully before moving forward — because most land that looks perfect on the surface doesn’t actually work.If you're…
People in this episode
Host: Brett Chotkevys
Topics covered
- land buying
- assisted living development
- deal killers
- zoning issues
- due diligence
Keywords
- land development
- hidden risks
- zoning
- special use permits
- utility issues
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