July Main Meeting

with...  Gene Guarino

Gene Guarino, National Speaker: Making Money in Assisted Living. Followed up by a Saturday Event with details. Guaranteed to be an educational day!

Thursday, July 06, 2017

Broadmoor Country Club
2155 Kessler Blvd West Drive
Indianapolis, IN 46228

1.00

PHP Credits
What is PHP?

Join us at the Broadmoor Country Club for a night of networking and education:
5:30-6:30 networking and vendor table tops
6:30-8:30 business meeting and speaker
8:30-9:00 after the meeting networking

Welcome our National Speaker....     

Gene Guarino, How to Make More Money in
Assisted Living Rentals than in traditional rentals.

Watch this video now ------------------>>


Thursday night presentation.  See below What is Assisted Living and how can I make money in this field?

Followed up by an all day Saturday Session with details.  Saturday is limited to the first 75 people so sign up soon.  Register by July 5th to save 25% of the day's training fee.


“Residential Assisted Living Academy has developed and perfected a unique formula that will allow you to take advantage of the massive growth in the senior services market and protect your money while securing your financial future from economic downturns, market crashes and even job losses.”  –Gene Guarino, RAL Academy, Founder/CEO

What is a Residential Assisted Living Home and how can I make money with them?

The term Assisted Living Facility is the most common term you will hear nationwide but you will also hear, Assisted Living Care Home, Residential Care Home, Board and Care and in California they are called, RCFEs which is an acronym for Residential Care For the Elderly. We use the term Residential Assisted Living because we specifically use single family homes in residential areas for this application.

In a home like this there may be as few as 4 residents and as many as 20, depending on the capacity allowed by the state and the size of the home itself. The square footage of the home and the number of bathrooms as well as the safety features such as fire suppression and hard wired smoke detectors, will determine the capacity of the home.

Because of the fair housing act this type of group home can be located in a residential neighborhood, even one with a home owners association.

The good news is that the owner that is using the home for an assisted living care home will be producing tremendous cash flow. The debt service coverage ratio will typically be much higher than a “regular” rental home.

As a business, an assisted living care home can produce $5,000 to $20,000 net income per month after all expenses including debt service. If you would like to learn more about Assisted Living Care Homes as a business, visit www.RALAcademy.com for more information and join us for the July Main Meeting on Thursday July 6 and Saturday July 8.

The bottom line is that the home will be used as a rental home and will have a long term low impact tenant. The modifications that may be done for this use will add and subtract value depending on those modifications. The debt service ratio will typically be higher than normal for a similar rental home.



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Date: Thursday, July 06, 2017
Time: 5:30 PM - 9:00 PM

Location:
Broadmoor Country Club
2155 Kessler Blvd West Drive
Indianapolis, IN 46228

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PHP Credits:
Management (1.00 hours)
What is a PHP Credit?

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