In this episode of the Assisted Living Investing Podcast, host Brandon Gustafson shares his personal journey into the world of assisted living investing. He discusses his educational background in healthcare administration, the pivotal moment he decided to enter the real estate market after reading 'Rich Dad, Poor Dad,' and the challenges he faced along the way. Brandon covers his initial attempts to convert properties, the importance of understanding local municipality regulations, and his eventual decision to buy an existing assisted living facility. He emphasizes the value of taking action, leveraging tools like the free underwriting calculator, and seeking guidance from mentors. Finally, Brandon introduces his five-phase process for launching an assisted living business and offers support through his year-long mastermind program. Listeners are encouraged to take consistent steps toward their goals and utilize available resources for success.

00:00 Introduction to the Podcast

00:18 Free Underwriting Calculator

00:37 Brandon's Origin Story

02:41 Navigating Local Regulations

03:24 Finding the Right Property

04:39 First Deal and Learning Curve

07:38 Mentorship and Networking

09:54 The Five Phase Process

10:35 Encouragement and Resources

11:24 Conclusion and Next Steps

Resources Mentioned:

Visit our website, AssistedLivingInvesting.net, for additional resources, including our year-long mastermind program and free underwriting calculator.

Get your free business plan checklist today: https://urlgeni.us/alibpc

Learn about the Assisted Living Investing Mastermind: assistedlivinginvesting.net/mastermind

Apply for the Mastermind today: alimastermind.com/application

Join the Bussiness Foundation Basics Workshop: Assisted Living Business Foundation Basics

Learn the five steps to help you start an assisted living business: https://youtube.com/live/dRVCa80SOyM

Get the 12 Week Year Book: https://amzn.to/4bAOpQf

Get the Rich Dad Poor Dad Book: https://amzn.to/3RdEesx

Marketing Made Simple by Donald Miller: https://amzn.to/3ECoNY5

Who Not How by Benjamin Hardy : https://bit.ly/whonothowbooklink

Courses:
- Do you need guidance on your journey to launching your assisted living business: https://urlgeni.us/aliala
- Do you need help building your business plan: https://urlgeni.us/alibpg

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

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