Assisted Living Investing

How Much Should You REALLY Pay Your Managers - Assisted Living Investing - Ep 32

February 09, 2024 Brett Chotkevys Season 1 Episode 32
Assisted Living Investing
How Much Should You REALLY Pay Your Managers - Assisted Living Investing - Ep 32
Show Notes

In this episode, Brett talks about how much you should pay your managers for your Assisted Living. Brett operates his Memory Care Mansion with the Two Manager System. This ensures that he never has to come into his Assisted Living to cover for someone because he knows that he’ll always have a manager there. This system is only possible with his 16-bed Memory Care Mansion because if you operate a small RAL, you won’t make enough money to have two managers, let alone a single manager.

Brett pays a lot to have good managers because of his objectives. Brett wants to never be bothered with the drama of his home, have the best care and amenities in his city, only work a couple of hours a week, and have his managers run every operational step that goes into keeping his home running smoothly. Watch this episode to learn the best way to find, or promote, these managers and how to know what is too much to pay for a manager and what’s too little to pay for a manager depending on their experience!

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Intro Music by Alex_Kizenkov via Pixabay