035: Gene Guarino: How To Create Income Streams From Residential Assisted Living Housing

035: Gene Guarino: How To Create Income Streams From Residential Assisted Living Housing
8
Aug



 

Gene Guarino is President of Residential Assisted Living Academy in Phoenix, AZ and has over 30 years experience in real estate investing and business. Today, Gene is focused on just one thing…..investing in the mega-trend of senior assisted housing. Having trained tens of thousands of investor/entrepreneurs over the past 25 years, he now specializes in helping others take advantage of this mega-trend opportunity.

Having trained tens of thousands of investor/entrepreneurs over the past 25 years, he now specializes in helping others take advantage of this mega-trend opportunity.

The aging baby boomer trend is the mega trend that will impact every person on this planet for the next 18 years. There are many opportunities to provide value for baby boomers and serve them. Residential Assisted Living Housing is what Harry S. Dent Jr. called, “the greatest opportunity in the next 20 years” in this trend in his book, The Demographic Cliff.

 

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In this episode you will learn:

  • What “assisted living” is and how is this different than a nursing home
  • The process of how you identify a home that would be a good candidate for this niche
  • The licenses you need to have to operate a residential assisted living business the amount of liability coverage you need
  • Information regarding zoning laws that apply to these residential assisted living homes
  • How  entrepreneurs and investors are creating income streams on average around $10,000 per month
  • How are these rooms paid for through insurance and private funds
  • How you can create significant income without having many properties compared to “typical” real estate investments.
  • How  investors and entrepreneurs can best take advantage of this opportunity to serve and provide value for Baby Boomers

Recommended Books:

The Demographic Cliff: How to Survive and Prosper During the Great Deflation Ahead by Harry S. Dent Jr.

Interview Links:

Residential Assisted Living Academy

Real Estate Investing Opportunities in Assisted Living

Single-Family Home rentals Are Dead? Discover the #1 Investment Opportunity

 

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Show Transcript

 

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