Isabelle’s Formula for Boosting SFR Cashflow with Assisted Living
Manage episode 430862678 series 2922807
In this episode of the AZREIA show, hosts Marcus Maloney and Mike Del Prete are joined by special guest Isabelle Guarino to delve into the niche of residential assisted living. Isabelle shares insights on how her father transitioned from various real estate ventures into residential assisted living out of necessity and passion for better care facilities.
The discussion covers the concept and operations of residential assisted living homes, including licensing, renovations, and marketing tactics. Isabel also explains the financial aspects, offering a detailed look into potential cash flow and costs associated with running these homes. This episode provides a comprehensive overview for real estate investors looking to diversify their portfolios and make a meaningful impact in the community.
Key Takeaways:
00:46 Isabel Guerino's Background and Family Legacy
03:18 Understanding Residential Assisted Living
04:18 Setting Up a Residential Assisted Living Home
05:18 Licensing and Operations
09:49 Finding and Working with Operators
15:13 Financials and Profitability
19:02 Navigating Senior Care Placement
19:53 Insurance and Risk Management
20:37 Effective Marketing Strategies
21:59 Target Market and Demographics
23:10 Private Pay vs. Government Funding
24:14 Opportunities in Different Income Areas
26:02 Mindset and Financial Stewardship
26:54 Educational Resources and Training
32:46 Conclusion and Final Thoughts
Connect with Isabelle Guarino
https://www.instagram.com/theisabelleguarino/
----
The Arizona Real Estate Investors Association provides its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in Real Estate.
Join AZREIA here.Is a Career in Real Estate Right For You? Take AZREIA's Real Estate Investing Entrepreneurial Self-Assessment at 👉 https://azreia.org/entrepreneurial-self-assessment
Azreia Real Estate Investing Entrepreneurial Self Assessment Who is it for? ☑️ Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training.
☑️ Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.
AZREIA membership is a community consisting of independent real estate investors who invest in: 🏡 SINGLE FAMILY 🏙 SMALL MULTI-FAMILY 🏡WHOLESALERS ✍️ NOTES
Educational opportunities are plentiful and delivered through AZREIA’s own education program and in collaboration with outside education providers.
🎓AZREIA’s Core Education Classes are specifically designed for new investors to develop their critical skills quickly and effectively.
🎓Our strategy classes are provided through AZREIA and others and deliver an advanced level of knowledge.
Join the Deal Finders Club here
Deal Finders Club is a thriving real estate community "Where Deals Get Done", we train community members on these core skills...Marketing, Sales, Negotiations, Comping, Writing Offers, Locking Up Contracts, and so much more.
Discover:
https://ebooks.azreia.org/library https://ebooks.azreia.org/ideal https://ebooks.azreia.org/fix_and_flipping https://ebooks.azreia.org/note_investing https://ebooks.azreia.org/landlording https://ebooks.azreia.org/wholesaling_real_estate https://ebooks.azreia.org/property_scouting https://ebooks.azreia.org/house_hackingJoin our conversation at: Facebook: https://www.facebook.com/azreia Twitter: https://twitter.com/azreia?lang=en Instagram: https://www.instagram.com/arizona_reia/ Linkedin: https://bit.ly/3vKMnrR Website: https://azreia.org/
100 epizódok