The Assisted Living Investing Podcast

   👉 Watch this free training to avoid the #1 mistake people like you are making: https://assistedlivinginvesting.net/topmistake If you’ve been thinking about starting but feel overwhelmed, this video will show you what’s actually holding you back. ❓ Not sure where to start? 👉 Take the 30-second quiz: https://aliquiz.com In this episode, I discuss why seeking capital is actually step 50 or 60 in the process—not step one. Using a house-building analogy, I explain why you must pour your "foundation" before you can ever hope to build the "roof". Chapters 00:01:52: The "Step 50" Trap 00:03:32: The Purpose of a Foundation 00:05:11: The Business Plan as a Sales Letter 00:07:26: Strategic Market Research 00:09:02: The 5% Rule 00:11:24: Back-of-the-Napkin Underwriting 00:12:27: The "WIFE" Expense Acronym 00:14:55: The 24-Month Pro Forma 💼 Ways to Work With Me: • Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation • Roadmap Challenge (Right Fit?): https://roadmapchallenge.com • Success System (Full System): https://assistedlivinginvesting.net/success-system • LEGACY Program (Fast Track): https://www.assistedlivinginvesting.net/legacy-experience 📚 Free Resources: • Business Plan Checklist: https://assistedlivinginvesting.net/bpchecklist • Underwriting Calculator: https://assistedlivinginvesting.net/calculator • Meeting Agenda Template: https://www.assistedlivinginvesting.net/meeting-agenda • Grant Writing Template: https://assistedlivinginvesting.net/grants • Sample Lease Agreement: https://assistedlivinginvesting.net/lease-agreement 📖 Get My Book: The Profitable Assisted Living Facility 👉 https://thealibook.com 🛠 Tools I Recommend: • Payroll (Gusto): https://gusto.com/i/brandon9590 • Amazon Storefront: https://www.amazon.com/shop/brandongustafson (Some links above may be affiliate links, which means I may earn a small commission at no additional cost to you.) 🔗 Connect With Me: • Facebook Group: https://www.facebook.com/groups/assistedlivinginvesting • Instagram: https://www.instagram.com/assistedlivinginvesting/ • LinkedIn: https://www.linkedin.com/company/assisted-living-investing/ 🏡 Learn more about my assisted living facilities: https://www.beewellassistedliving.com/ #assistedlivingbusines #residentialassistedliving #healthcareentrepreneur  

In this episode, Brandon provides a practical guide for assisted living facility owners and operators on how to effectively integrate Medicaid into their business model. He outlines a clear, five-step process designed to simplify the complexities of government reimbursement, covering everything from initial qualification to maintaining long-term compliance. Chapters: Understanding Medicaid Eligibility: How to determine if your facility and residents qualify for Medicaid programs. [00:25] The Application Process: Navigating the paperwork and requirements for Medicaid certification. [01:45] Billing and Reimbursement: Strategies for ensuring timely and accurate payments from the state. [03:30] Compliance and Documentation: Best practices for maintaining the necessary records to stay compliant with Medicaid regulations. [05:12] Maximizing Profitability: How to balance Medicaid residents with private-pay clients to maintain a healthy bottom line. [07:45] Want my help building your own profitable assisted living business?Take the quiz to see which program is right for you   aliquiz.com    Struggling to launch your assisted living business?Get clarity in 5 days   roadmapchallenge.com The Assisted Living Roadmap Challenge is a live 5-day experience designed to help you:✅ Get clarity on your assisted living business model✅ Understand the numbers, licensing, and funding process✅ Build your personalized roadmap to launch. Whether you’re starting from scratch or ready to scale, this challenge gives you the tools and support to move forward confidently. If you can’t make it to the next challenge, grab my book “The Profitable Assisted Living Facility”   thealibook.com       Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590     Follow me to learn more and get the help you need to launch your assisted living business:Website: https://urlgeni.us/alihomeFacebook: https://urlgeni.us/facebook/alifbgroupLinkedIn: https://urlgeni.us/linkedin/aliliTwitter: https://urlgeni.us/twitter/alixInstagram: https://urlgeni.us/instagram/aliig    I’ve also got several FREE resources to help you get started : Business Plan Checklist: https://urlgeni.us/alibpc Calculator: https://urlgeni.us/alicalc Lease Agreement Template: https://urlgeni.us/alila ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath Grant Writing Template: https://urlgeni.us/aligrant Make sure you like, comment, and subscribe to Assisted Living Investing! Your comments and reviews help others find this content so they can get help launching their assisted living business.   

Learn the essential steps, foundational principles, and mental models to successfully launch your assisted living venture with confidence. Brandon Gustafson shares practical advice, key strategies, and resources to help you build a solid foundation and accelerate your path to profitability. Chapters: 00:00 - Introduction and announcement about resource updates 00:39 - Appreciating your decision to explore assisted living investments 01:08 - How to navigate access to free tools and resources 02:05 - The importance of foundational work in assisted living success 04:50 - Why long-term success depends on building correctly from the start 05:49 - First focus: building your business foundation before other tasks 06:45 - Validating your idea through proper market analysis 08:29 - The importance of doing the boring but essential tasks  09:54 - Developing your business plan and using free checklists 10:51 - Securing funding and creating a persuasive business story 12:18 - The necessity of underwriting and financial projections 13:44 - Avoiding unrealistic income assumptions and doing conservative planning 18:27 - Why entity formation is a step that should come later 19:24 - The Focus Framework overview and its five phases 24:07 - Recap: prioritize foundational tasks to accelerate progress  Want my help building your own profitable assisted living business?Take the quiz to see which program is right for you   aliquiz.com    Struggling to launch your assisted living business?Get clarity in 5 days   roadmapchallenge.com The Assisted Living Roadmap Challenge is a live 5-day experience designed to help you:✅ Get clarity on your assisted living business model✅ Understand the numbers, licensing, and funding process✅ Build your personalized roadmap to launch. Whether you’re starting from scratch or ready to scale, this challenge gives you the tools and support to move forward confidently. If you can’t make it to the next challenge, grab my book “The Profitable Assisted Living Facility”   thealibook.com       Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590     Follow me to learn more and get the help you need to launch your assisted living business:Website: https://urlgeni.us/alihomeFacebook: https://urlgeni.us/facebook/alifbgroupLinkedIn: https://urlgeni.us/linkedin/aliliTwitter: https://urlgeni.us/twitter/alixInstagram: https://urlgeni.us/instagram/aliig    I’ve also got several FREE resources to help you get started : Business Plan Checklist: https://urlgeni.us/alibpc Calculator: https://urlgeni.us/alicalc Lease Agreement Template: https://urlgeni.us/alila ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath Grant Writing Template: https://urlgeni.us/aligrant Make sure you like, comment, and subscribe to Assisted Living Investing! Your comments and reviews help others find this content so they can get help launching their assisted living business.   

Brandon Gustafson discusses how to navigate liability concerns in assisted living, emphasizing the importance of proper insurance, legal structures, and risk management strategies to mitigate risks and build a successful business. Chapters 00:00 Introduction to Liability Concerns in Assisted Living 00:25 Brandon's Background and Mission 01:32 Common Liability Concerns and Real-Life Examples 03:42 Importance of Insurance in Liability Management 05:56 Types of Liability Risks to Be Aware Of 09:27 Building a Strong Business Foundation 11:08 Legal Entity Setup and Asset Protection 13:18 Legal and Insurance Strategies for Success 15:12 Insurance Policies Needed for Assisted Living 17:29 Risk Management Strategies and Staff Policies 22:07 Overcoming Fear and Moving Forward 26:05 Resources and Next Steps for Aspiring Entrepreneurs Want my help building your own profitable assisted living business?Take the quiz to see which program is right for you   aliquiz.com    Struggling to launch your assisted living business?Get clarity in 5 days   roadmapchallenge.com The Assisted Living Roadmap Challenge is a live 5-day experience designed to help you:✅ Get clarity on your assisted living business model✅ Understand the numbers, licensing, and funding process✅ Build your personalized roadmap to launch. Whether you’re starting from scratch or ready to scale, this challenge gives you the tools and support to move forward confidently. If you can’t make it to the next challenge, grab my book “The Profitable Assisted Living Facility”   thealibook.com       Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590     Follow me to learn more and get the help you need to launch your assisted living business:Website: https://urlgeni.us/alihomeFacebook: https://urlgeni.us/facebook/alifbgroupLinkedIn: https://urlgeni.us/linkedin/aliliTwitter: https://urlgeni.us/twitter/alixInstagram: https://urlgeni.us/instagram/aliig    I’ve also got several FREE resources to help you get started : Business Plan Checklist: https://urlgeni.us/alibpc Calculator: https://urlgeni.us/alicalc Lease Agreement Template: https://urlgeni.us/alila ProfitPath Analysis Tool: https://urlgeni.us/aliprofitpath Grant Writing Template: https://urlgeni.us/aligrant Make sure you like, comment, and subscribe to Assisted Living Investing! Your comments and reviews help others find this content so they can get help launching their assisted living business.