Isabelle’s Formula for Boosting SFR Cashflow with Assisted Living

AZREIA Show

In this episode of the AZREIA show, hosts Marcus Maloney and Mike Del Prete are joined by special guest Isabelle Guarino to delve into the niche of residential assisted living. Isabelle shares insights on how her father transitioned from various real estate ventures into residential assisted living out of necessity and passion for better care facilities.

The discussion covers the concept and operations of residential assisted living homes, including licensing, renovations, and marketing tactics. Isabel also explains the financial aspects, offering a detailed look into potential cash flow and costs associated with running these homes. This episode provides a comprehensive overview for real estate investors looking to diversify their portfolios and make a meaningful impact in the community.

Key Takeaways:

00:46 Isabel Guerino's Background and Family Legacy

03:18 Understanding Residential Assisted Living

04:18 Setting Up a Residential Assisted Living Home

05:18 Licensing and Operations

09:49 Finding and Working with Operators

15:13 Financials and Profitability

19:02 Navigating Senior Care Placement

19:53 Insurance and Risk Management

20:37 Effective Marketing Strategies

21:59 Target Market and Demographics

23:10 Private Pay vs. Government Funding

24:14 Opportunities in Different Income Areas

26:02 Mindset and Financial Stewardship

26:54 Educational Resources and Training

32:46 Conclusion and Final Thoughts

Connect with Isabelle Guarino

https://www.instagram.com/theisabelleguarino/

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