Episode 207 | Licensed vs Unlicensed Assisted Living: Which One Should You Start With?
About this episode
In this episode, Brandon Gustafson discusses the pros and cons of starting a licensed versus an unlicensed assisted living facility.
👉 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 break down the definitive pros, cons, and hidden realities of operating a Licensed vs. Unlicensed Assisted Living Facility so you can stop spinning your wheels and confidently launch your business. Chapters 00:00 - Introduction to the Licensing Dilemma 01:55 - Core Differences in Business Models 02:42 - Navigating Regulations and Premium Care Rates 05:16 - Maximizing Income Potential via Bed Capacity 07:15 - The Reality of Medication Management & Resident Care Levels 09:12 - Financial Planning: Expenses, Timelines, and Government Approvals 14:59 - Strategic Scenarios Where Going Unlicensed Makes Sense 22:27 - Property Modifications, Local Zoning, and Permitting Requirements 💼 Ways to Work With Me: • Foundation Builder (Start Here): https://assistedlivinginvesting.net/foundation • Roadmap…
People in this episode
Host: Brandon Gustafson
Topics covered
- Licensed Assisted Living
- Unlicensed Assisted Living
- Business Models
- Regulations
- Income Potential
- Medication Management
- Financial Planning
More episodes of The Assisted Living Investing Podcast
- Episode 209 | How Much Money Do You Need to Start an Assisted Living Home?
- Episode 208 | Will Your House Work for Assisted Living?
- Episode 206 | How to Charge Premium Rates in Assisted Living
- Episode 205 | How to Get the Funding to Start Your Assisted Living Business
Explore listener stats, chart rankings, contacts and more on the The Assisted Living Investing Podcast podcast page.