Assisted Living Network Podcast

There's the saying that it takes 10,000 hours to become an expert. Now when you think about that, at 40 hours a week and 50 weeks in a year, that's 2000 hours in a year. So, if you devote five years of full-time effort to anything, you'll be an expert. So what is it that you're becoming an expert at 2000 hours a year? 10,000 hours is five years of your life. You could cut that...

Despite the myth, you can absolutely operate a Residential Assisted Living home hands off. Your job is to hire a manager, who then hires the caregivers and finds residents for the home and manage that relationship with the family. You are looking for those high-quality people who love what they do. The type of person we're talking about is not just there to make a dollar. They're there b...

There are tens of millions of seniors in our country today who will need assistance with their Activities of Daily Living, according to AARP. That doesn't mean they're all going to move into an assisted living home or facility, but they will need help. They're at home all alone and maybe they can take care of themselves, but frankly they would much rather have people around them. Th...

The first myth that I want to cover with you, is whether Residential Assisted Living is considered commercial or residential. We talk about Residential Assisted Living because it's a single family home, in a residential neighborhood. Now the home itself might be a little bigger than your average home but we are using this for commercial purpose. I didn't say we're operating a busine...

When you think about assisted living, most people think about a large institutional setting. Some of the new facilities have independent assisted living and skilled nursing all in the same area with a lot of amenities. The advantage of the big box could be that they start with independent living and then move to more advanced care options. One advantage of the small Residential Assisted Living fac...

There are 77 million baby boomers in America alone. That is 4,000 people turning 85 every day, 120,000 every month, and 1.4 million this year alone. So when we are talking about 1.4 million baby boomers a percentage will check into assisted living. The fact is that 70 percent of us are going to need help with our Activities of Daily Living for an average of three and a half years. Whether they liv...

The Golden Girls Model is a real concept in true independent living. There are 2 sides: 1. The user side, the person living in the home. 2. The Business side, the opportunity. The users are the people living in the home. They want to continue living their life as independently as possible. We are talking about a group usually all women or all men, there are no caregivers, cooks, or housekeepers. T...

When the recession hit the market changed in regards to commercial investments and assisted living. The big builders finished the projects they were currently working on and then stopped all new building. However the need for assisted living didn’t stop. People were still aging and moving in and needed it. Those large facilities filled up as no new facilities were being built.    So when we are ta...

In a Mom and Pop Model there is a family living in the home. This option is for people who want to be completely hands on 24/7/365. They have the desire to take care of people and want to be the manager, caretaker, cook, baker, candlestick maker, etc. They will have their food and housing taken care of by the money they generate from this model. If being completely hands on is what you want, then...

What are the many differences between Memory Care and Assisted Living? Memory Care is for those who have been diagnosed with memory issues or dementia. There are typically fewer residents in the facility. The facility is a lockdown facility with either a magnetic lock or a combination lock for safety and security of the residents so that they can not leave the facility on their own. The locks are...

Your longevity, how long and well you live, is a projection of your health. Part of that is genetic, but the other part is how well you treat your body, what you do with it and what you put into it. One of the things to pay attention to is the food you eat. Think of the food as fuel. Is it high octane or low octane? Vegetables, lean meats, fruits and other fresh foods are full of rich vitamins and...

Activities for seniors come in two main categories: mind and body. Activities that engage the mind are ones that offer the seniors social, spiritual or intellectual interaction, with themselves and others. Activities that engage the body are physical ones. Having both kinds of activities are incredibly important for healthy aging. Here’s a quick look at some types of activities in each category. M...

Before you begin choosing an assisted living home, perhaps for a parent or grandparent, there's some key points you need to know! First is price. In America, the average cost for a private room in an assisted living facility is $3,600. That's a lot. But you get what you pay for, and you do not want your relative living in average. A reputable facility costs closer to $6,000 a month. The...

What do you have a passion for? Making money? Helping others? Food? Travel? Whatever your passion, it is incredibly important! There’s a method to finding out what you love: Explore - give yourself a chance to explore some different things. Talk to People - ask some other people who are successful about their experiences with things you’re wanting to explore. Take them out for lunch or a coffee an...

A lot of people today are talking about overbuilding in assisted living and senior housing communities. But what is overbuilding and does it really exist? Seniors that need help and care, they are unable to live alone, need a bed in some type of senior housing facility. Right now there’s a boom in senior housing being built all over the country. Facilities and beds are being built in some places m...

When it comes to senior housing facilities, there are generally two types: Big Box and Residential Assisted Living facilities. Here are some of their main differences. Big box facilities feel like a hotel. They try, but it is hard to get that homey feel in a facility for hundreds of people. Residential assisted living homes are single-family homes converted to house a few seniors. One obvious diff...

The silver tsunami is coming and it’s not a wave in the ocean. It is the 77 million baby boomers that are aging. There's 4,000 people a day are turning 85 and many will require care in the form of a senior living facility. Today in America, there are about 1.4 million beds for these seniors. But there are 1.4 million new 85 year olds every single year! This silver tsunami that is coming can e...