Nov 20, 2020
Gene Guarino speaks in over 50 cities and 5 countries on Residential Assisted Living and the opportunities for business owners, operators, investors and entrepreneurs. He has trained over 300,000 people over the past 30 years on topics ranging from real estate investing, starting your own business, entrepreneurship and he has focused exclusively on Residential Assisted Living for the past 7 years. He has hosted 3 radio shows and authored 4 books including: “BLUEPRINT” – How To Start Your Own Residential Assisted Living Business and “The Insider’s Guide To Investing In Senior Housing” Gene has been married for 34 years, has 4 children and 2 grandchildren.
What you will learn in this episode:
- How Gene got started in real estate at 18 years of age, and why he has shifted to working exclusively in residential assisted living
- How the residential assisted living niche works to combine real estate investing with running a business, and why the location is key
- How the “tenant” in a residential assisted living property is the operator of the facility and not the senior residents
- Why it is important to find the right operator first and then find a real estate deal that fits their needs
- Why residential assisted living offers extraordinary profits compared to traditional home rentals
- Why this niche offers a diverse range of deals from single properties to deals worth hundreds of millions of dollars, and why the need for residential assisted living will only grow
- Why “smaller is better” in senior living, and why the age of pandemic is helping drive business to these smaller assisted living residences instead of big-box facilities
- Why Gene got started in residential assisted living to help his own mother, and why reading his book “BLUEPRINT” is the first step in learning his methods
- How splitting a four-bedroom home up and renting it to four seniors in a co-housing arrangement can make you more money than renting it to a single family
Resources:
- Website: www.ralacademy.com
- Facebook: www.facebook.com/ResidentialAssistedLivingAcademy/
- Youtube: www.youtube.com/user/Yoitsmetv
- Instagram: www.instagram.com/ralacademy/
- Twitter: https://twitter.com/ralacademy @RALAcademy
- LinkedIn: www.linkedin.com/in/geneguarino/
- LinkedIn: www.linkedin.com/company/residential-assisted-living-academy
Additional resources: