Does anyone have any experience investing in Assisted Living Facility?

by a searcher from Asbury College

1 year ago

If so, could you give some input in regards to profitability. What is your opinion of how inflation/recession could affect the industry? What are the strengths of the business and what would be some of the weaknesses of the industry?  Do you recommend owning big box facilities or residential type homes###-###-#### beds)?

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5 comments

searcher from Towson University

As an owner/investor, I would never want to own a small RALF...you can do fine, but it is more than a full time job. Incredible hard to hire folks for night shifts, so that becomes. a problem. However at a larger scale, it can be very lucrative. I would have also have a huge bias towards private pay as opposed to medicare. I co-own a tiny home health company with my wife and we service a lot of folks in these facilities. If you can become familiar with how to build RALFs and can find folks who want to be operators and can help them start the business operationally, there's a good niche in repositioning residential homes into RALFs and structuring a NNN lease with an operator.

1 year ago | like reply | 1 like

searcher from University of Pennsylvania - The Wharton School

The business of servicing the elderly is fairly recession proof. We do not have enough supply and the demand is increasing

1 year ago | like reply | 0 likes

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