Summary

In this conversation, Brandon Gustafson discusses the common mistakes made by new real estate investors, particularly the dangers of making blind investments without proper due diligence. He emphasizes the critical role of underwriting in ensuring financial success in property management.

00:00 - Introduction to the podcast and Brandon’s mission to help first-time assisted living entrepreneurs.

02:33 - Top websites for finding assisted living facilities: LoopNet, BizBuySell, and Crexi.

04:23 - Brandon’s personal discovery about buying existing assisted living businesses rather than building from scratch.

12:55 - Importance of working with a broker to access more listings, off-market deals, and industry expertise.

20:21 - Brokers assist with underwriting, pricing, and financial evaluation to avoid costly mistakes.

23:50 - Brokers help with lender connections and financing, which can be challenging for first-timers.

26:00 - Promotion of the Roadmap Challenge, a live coaching program to guide new investors step-by-step.

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.

FREE Resources:

Need help with your payroll? Get Gusto: https://gusto.com/i/brandon9590 

 Visit us at https://urlgeni.us/alihome to learn more! Please follow Assisted Living Investing on other social media:

Make sure you like, comment, and subscribe to Assisted Living Investing! Comments are especially valuable as they will help better inform the content that is helpful to you as an investor and as somebody looking to get into real estate investing through residential assisted living. And connect with Brandon on LinkedIn: https://urlgeni.us/linkedin/bgli 

Learn more about Brandon’s facilities at: http://www.beewellassistedliving.com/