In this episode, Brett talks about the benefits of adding Memory Care to your Assisted Living Home. Brett’s niche is a Memory Care Mansion. His mansion is a 16-Bed purpose-built home for memory care. He created this business model to compete with the big-boxed Assisted Living Facilities while being way more profitable than a small Residential Assisted Living. While creating this niche, he learned about the huge benefits of memory care and how there weren’t a lot of drawbacks.
For one, he learned that there wasn’t really a lot of added work for adding memory care to his Assisted Living. If you are already handling end-of-life care in your Assisted Living, your staff is already prepared to handle memory care. The only thing you really need to handle both end-of-life care and memory care is more care. If your staff is already proficiently trained in end-of-life, adding memory care won't really require anything else from you.
Also, Memory care is more expensive. When you solve memory care, you are solving a bigger problem. Because of this, you should receive a bigger reward. By having memory care in your Assisted Living, you are reaping a bigger reward without really spending all that much more than you would operating end-of-life care. We hope that after listening to this episode, you will know if you are ready to have memory care in your home.
#Investing #RealEstate #AssistedLivingInvesting
Follow our socials!
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@assistedlivingmansion
Check out some FREE Resources HERE: https://www.PALM.University
Follow me:
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@Brettchotkevys1
Check out some FREE Resources HERE: https://www.PALM.University
Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.
Intro Music by Alex_Kizenkov via Pixabay
In this episode, Brett talks about the benefits of adding Memory Care to your Assisted Living Home. Brett’s niche is a Memory Care Mansion. His mansion is a 16-Bed purpose-built home for memory care. He created this business model to compete with the big-boxed Assisted Living Facilities while being way more profitable than a small Residential Assisted Living. While creating this niche, he learned about the huge benefits of memory care and how there weren’t a lot of drawbacks.
For one, he learned that there wasn’t really a lot of added work for adding memory care to his Assisted Living. If you are already handling end-of-life care in your Assisted Living, your staff is already prepared to handle memory care. The only thing you really need to handle both end-of-life care and memory care is more care. If your staff is already proficiently trained in end-of-life, adding memory care won't really require anything else from you.
Also, Memory care is more expensive. When you solve memory care, you are solving a bigger problem. Because of this, you should receive a bigger reward. By having memory care in your Assisted Living, you are reaping a bigger reward without really spending all that much more than you would operating end-of-life care. We hope that after listening to this episode, you will know if you are ready to have memory care in your home.
#Investing #RealEstate #AssistedLivingInvesting
Follow our socials!
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@assistedlivingmansion
Check out some FREE Resources HERE: https://www.PALM.University
Follow me:
Facebook: https://www.facebook.com/brett.chotkevys
Youtube: https://www.youtube.com/@Brettchotkevys1
Check out some FREE Resources HERE: https://www.PALM.University
Assisted living investing, Residential Assisted Living, small facilities, passive income, myth debunking, challenges, limitations, active involvement, owner-operators, staffing, emergencies, quality care, scalable business model, 16-bed luxury memory care mansion, informed decisions, behind-the-scenes insights, thriving niche, One and Done, Financial Freedom, Active Income, Making a Difference, Long-Term Exit Strategy, Real Estate, Retirement Planning, Memory Care Mansion, Investment Opportunities.
Intro Music by Alex_Kizenkov via Pixabay