Assisted Living Network Podcast
Welcome to the Assisted Living Network, presented by RAL Academy, a podcast designed to help you discover how to successfully invest in the booming Residential Assisted Living market.
If you're a real estate investor, you know how hard it is to find a profitable and fulfilling strategy in today's market. Methods of generating revenue that worked 10 years ago, don’t work today. Are you tired of low cash flow, high maintenance, and unhappy tenants? Do you wish you could make a difference in the world, not just a buck? Do you want your investments to build a legacy, not be a liability? Then you’ve come to the right place.
If you have questions about investing in Residential Assisted Living, this is the podcast for you. Hosted by residential assisted living expert Isabelle Guarino, this podcast provides valuable information and analysis on the trends and opportunities in senior housing, with market insights to help you make informed decisions and gain a competitive edge in your business.
This podcast is brought to you by RAL Academy, the nation's leading experts on residential assisted living. The RAL Academy has trained tens of thousands of investors and entrepreneurs on how to make the most of the lucrative investment opportunities in assisted living. We help entrepreneurs just like you learn how to turn residential homes into assisted living facilities for seniors, combining your passion for real estate with your compassion for people. This is not just a business, it's a mission. You'll learn how to build a business that generates substantial recurrent cash flow while providing a quality service for seniors that is in extremely high demand.
With these short, easily digestible episodes, you'll learn everything you need to know about RAL – how to find, finance, and operate a successful RAL home, how to hire the best staff and market your home to potential residents, how to avoid the common pitfalls and mistakes investors make, and so much more. You'll also hear inspiring stories from other RAL investors, owners and operators who are making a difference in their communities and enjoying the rewards of their work.
The Assisted Living Network is more than just a podcast, it's a movement... a community of like-minded investors who are passionate about creating wealth and serving others. We're here to revolutionize the senior housing industry and empower you to achieve your financial and personal goals. We'll share with you real-life experiences, insights, and tips on how to succeed with assisted living. We'll also interview experts, influencers, and leaders in the field who will inspire and educate you.
Doing good and doing well… that's what Residential Assisted Living is all about. It's a way of investing in real estate that also makes a positive impact on the lives of seniors who need care and support. It's a way of combining profit and purpose, creating a legacy of compassion and service.
If you're an investor who wants to do more than just make money, if you're someone who cares about people and wants to leave this world better than you found it, if you're ready to take your investing to the next level and create a lasting legacy, then this podcast is for you. Don't miss this opportunity to do good and do well with assisted living.
Assisted Living, Impact Investing, Profitability, Senior Housing, Residential Care Facilities, Long Term Care, Memory Care, Investing in Senior Living, Marketing Strategies for Assisted Living, Passive Investing, Cash Flow, Real Estate Trends, Legacy Investing.
Assisted Living Network Podcast
What’s the Difference Between Memory Care and Residential Assisted Living?
Deciding if your loved one needs more advanced memory care can be an incredibly difficult decision. In today's episode, we’ll break down the key differences between assisted living and memory care to help you determine what level of care may be required. We’ll also provide some telltale signs that it may be time to transition to memory care and tips to make that move as smooth as possible.
Here are a few signs that it may be time to transition a loved one to memory care:
- Safety is at risk (getting lost, unsafe living conditions)
- Needs are not being met (bills not getting paid, hygiene being neglected)
- Losing track of time and destinations when leaving home
Here are the main differences between assisted living and memory care:
- Staffing & Licensing: Memory care staff require additional training and higher level licenses to be able to provide appropriate care. They are paid more as a result.
- Safety: Memory care facilities have locked and obscured exits, keypad locks, and doorbell alerts to keep residents safe.
- Licensing: The physical building needs a different type of license to house memory care residents.
- Cost: Memory care costs $1,000-$1,500 more per month than regular assisted living.
Activities for residents in a memory home are also going to be specifically tailored to their needs. When structuring activities for memory care residents, it's important to provide engagement while supporting their retained abilities. Matching activities directly to what residents can successfully participate in ensures appropriate cognitive and physical stimulation.
Failure-free activities without strict metrics of winning and losing also help reduce frustration. Cooking, gardening, textured balloon volleyball, and adaptive technology like the Tovertafel system all provide ways for memory care residents to engage without the stress of reaching quantified targets. Focusing on enjoyable involvement rather than specific outcomes offers activity opportunities they can genuinely achieve.
As difficult as it may be, understanding when a move to memory care is necessary can bring great peace of mind that your loved one is getting the appropriate level of care in a safe environment.
Equipped with a better knowledge of what sets memory care facilities apart from traditional assisted living, you can make the best decision for you and your family’s situation. Be sure to tap into resources like specialized memory care training for practical guidance. Most importantly, don’t forget to also prioritize self-care during this challenging time.
Resources mentioned in this episode:
Tovertafel: https://www.tover.care/us/
Teepa Snow - A Positive Approach to Care Pack: https://teepasnow.com/
Memory Care Training through RAL Academy: https://residentialassistedlivingacademy.com/memory-care/
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