15-35K/month | RESIDENTIAL ASSISTED LIVING (The Truth) 

Thank you so much man. Great question! You employ caregivers to do that. Now if you want to keep more profit at the end of the month, you can do it yourself. You do have to have a caregiver certificate depending on your states regulations.

Yes, superb, concise content. Do you personally live at your facility & provide care or do you have it staffed? How many residents did you get license for?

Love and appreciate the information, I just subscribed!

K M curious too

@@serg_lupescu you truly are a wise business owner.....Al the best in opening more and more businesses

We definitely need more people like you out there!

Are u in Canada?we can work together

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Thank you for commenting! Hope you enjoy the channel!

Congrats, that’s huge! If you haven’t found your perfect home yet here in Vegas, feel free to shoot me a call or a text as you what you are looking for in a home. Here to help! 702-420-8089 Reginald Williams with Keller Williams

Update? Did you get your house and the ball rolling?

woohooo! congrats! hope to meet you at RAL NAT CON!

Thats great to hear! It’s my pleasure! :)

same here I'm really learning alot

Heshan did you do it?

@@GeishaDoll Not yet. Pandemic put a hold on a few business plans.

Have you done anything about it. Now or was it all just talk? And no walk

Robert Iacob people just need to go out there and do it. Action speaks louder than words.

Completely false.... you can literally hire someone that actually cares enough to do the job. Stop thinking like an employee. I’m sure the owner of the business that you collect a check from isn’t doing the exact same work you do every single day. Lol 😂

You can hire the someone that's even more caring more calm and can do an even better job than you would as a business owner. For example, there's millions of female caregivers like that from the Philippines that have better attitudes and work ethics than the vast majority of Americans

@@JJ38255 YOU ARE SO SMART JJ MY NAME IS JJ TOO

grab your free RALNA membership and work with the legal team there, they protect all 30k of these RAL care home owners across the country!

You’re welcome! Thank you for the support!

Yeah, people are definitely living longer today more than ever before!

Thank you for the support!

Thank you for the support!

My pleasure.

Of course! You’re very welcome. Thank you for the kind comment. Yes, depending on your state you’ll be able to take care of two elderly without being regulated. My best recommendation is checking with the department of health services in your state regarding this. Also, if you have medical experience families will be willing to allow you to take care of their loved without being licensed and regulated.

My pleasure! All the glory to God! 🙏🏼

Thank you!

It’s my pleasure! Thank you for the support! Hopefully you learn a lot from all the videos and that you apply them to start your first RAL. 😊 God bless you!

Of course. Make sure to check out the links in the description of the video because you’ll find more information with education about this industry!

It’s best to start looking at the age demographic and starting there! 👍🏼

Hey I am in Maryland too, looking into this venture Lori, did you find out any more info regarding it?

Yeah, it’s usually 2-3 Resident’s. But it’s definitely an opportunity for people who want to just make some extra income.

God bless you! 🙏🏼

My pleasure! Welcome to the channel. I have done a tour of my home, I have two videos which I’ll link down below for you. How to open a SUCCESSFUL Residential Assisted Living Home in 7 Steps ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-C1KMf53M_PY.html Full tour of my Assisted Living Home | PROS & CONS OF OWNING THIS BUSINESS ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-ktYCgmst_-w.html

Hello Lashun I am in Illinois too do you mind if we exchange information because I am looking to opening my group home soon?

You’re welcome! 😊

XII happy you enjoyed it!

Thank you for the support. I truly appreciate it. My assisted living home is in Mesa, AZ. I hope that the videos will continue to help you on your journey and starting your business!

His books are great! Looking forward to hearing more from you and thank you for the support!

Have you even done anything now? Or you just talking out your mouth

Keep a lock on storage freezer or storage cabinets. Pull out meals n snacks for the shifts. Give manager of the home a key for access.

I used to work in a nursing home. I had a co worker whom I visited at her place because she was sick. Oh boy , She excitedly showed me every corner and all the cabinets in the house. Her pantry was full of Nursing home's supply. Soap,shampoos etc. Pantry was FULL. So just be careful

Thank you for that. Appreciate the support. Las Vegas is a market that I’m not too familiar with.

@@serg_lupescu Hi, @serg I am completely consumed with this business idea. you mentioned that you are not in the Vegas market. I already have a property in this city with the parameters you mentioned in one of your videos. My question is will the academy program have the info I can use in this state? I want to learn what I can and get started ASAP the right way. Thank you in advance.

@@702jtino yes it does. It’ll be everything you need from A-Z on how to properly set everything up.

@@serg_lupescu Thank you very much serge I just Signed up for the academy 😀

My pleasure!

First off all, welcome! Happy to have you join the channel. Glad that you enjoyed the video! The perfect time will never come, so make sure to just start when you feel like you can. My staffing here in the state of Arizona requires that we have actual certified caregivers, and not CNA's or personal care techs. No nurse is required to be on staff since "Assisted Living" here is categorized as Non-medical. You are correct, there are different regulations within each state so make sure to check the state that you're in. It's a great question! Hope this answered your question :)

@@serg_lupescu Thank you for replying! I'm going to have to binge watch the rest of your videos because you definitely put out great and useful information. Okay I see, so if the assisted living is categorized as non-medical, then there wouldn't be a need for a nurse. Also, I agree there's never really a "perfect time" - I just need to start and pursue this! I've just been stuck on what kind of staffing I would need; I've done some research for California based assisted living homes (will definitely need to do a lot more research haha) but at this point I'd be willing to start where ever life leads me! Anyways, thank you again Serg! :)

You're welcome! Really appreciate that :) They'll be helpful, and probably answer a lot of your questions. Yeah you wouldn't be required to have a nurse on staff, which will save you a lot of money. That's the mindset to have. Don't get to caught up with things like that because you'll need to focus on just getting started, which will be a tasking thing on it's own. That research will be helpful when you eventually apply it. I say you try and start today if possible. You're most welcome! :)

Thank you for your support. There isn't a website that actually shows you, each state is different on how many beds you can have before they require you to get licensed. In the state of Texas it's 3 residents, and in Missouri it's 2, in Arizona 2. Anything above that will require you to get licensing.

I’d like to know the answer to that question as well.

Of course. I appreciate your support on the channel. Sounds like the both of you would make a great team. I would definitely start out with doing some research within your area and see if there are any RAL in your area. If there are, try and get in contact with them.

That’s my question… if you find out please share. I’m curious about the billing as well.

Thank you!

Hey, Thank you for the sub and the support. That’s a loaded question. Why exactly do you want to start an RAL? If it’s simply for the investment and money, you won’t last long. There has to be true purpose and passion for caring for others. Zoning. Zoning will determine all that based off of the size of your home and the regulation on how many beds is considered residential in your city. You may want to get in contact with them to get all the possible information available before you do anything to the home or moving forward in this venture.

@@serg_lupescu Well, the house that I own was my grandmothers house. She came down with colon cancer and due to other factors her health declined rather rapidly. She had post polio and walked with a limp her entire life, she was the strongest woman I've ever met in my life without a doubt. As her health was in decline, she desperately wanted to pass in her own home, she did not want to stay in a hospital for the remainder of her days. After a fall, for a short while we needed to keep her in an assisted living facility. At the time I did not realize this type of care existed otherwise we would have chosen a more "homey" feel rather than a larger facility because she required more care than the other residents that I felt they were unable to provide due to the number of patients compared to the number of staff. She would wrestle herself out of bed at night and sometimes fall as a result. She would wonder the halls during the day, literally making friends with every single person, in what seemed to be a delirium of drugs she was given. Not that she wasn't friendly, but there was an extremely noticeable difference in her attitude during her stay. We chose to remove her from the facility and care for her ourselves at our home until the time she passed. This was one of the most difficult times of my life. Before her onset of cancer, as the one person in her life that would be there, taking her to the grocery, going out to lunch to get some time away from the house and simply just sitting and talking for a while, she wanted very much to leave me something that would affect my life in a positive way after she passed. Her siblings weren't there for her near the end despite suing us after her passing for 60k for part of the house (which years afterwards we found a will that would have invalidated the judgment). Her daughter that lived out of state that couldn't be bothered to visit before her passing, despite having ample opportunity to do so. Her only concern was trying to take care of me. It took years after her passing for us to even attempt to go through the house and clean out her stuff out of pure despair of losing one of the most amazing people to have ever walked this earth. Paying for a house that was draining us financially but emotionally unable to do anything else. Getting to the point where this blessing she left became a curse. It was only recently after squatters came in and destroyed everything that we were trying to preserve that we were able to take care of the broken contents of the house. With MUCH help and support from various friends the house is very near to being able to rent it out to relieve us of the financial burden. Considering everything that we have been through and I acknowledge much of which was self imposed, my goal with this IS financially driven to make her wish a realization. To make it all worthwhile. To change my life for the better and have her smile down on me from heaven and be happy with what she has been able to do for my family. As far as a genuine care for others, because I have been through what I have, is in my very nature just as it was when I was the only one to look after my grandmother. I do appreciate your answer to my question, however, I do not appreciate the question of my integrity. There are many questions that I can see in this very video and arguably every single one of your videos that are concentrated on the investment side of this venture that weren't questioned as to their motives. Not particularly sure why I was singled out and admittedly this is a very sore subject for me which is why I am very defensive. The very title of this video is focusing on the investment side of the business. In addition, skimming through your videos not a single one that I see (please link if I am mistaken) focuses on CARE, they are entirely focused on the business, so I find it extremely odd that you would question someone asking a question about getting into the business because that's exactly what it is. I genuinely mean no disrespect to you, I just found your response very off putting given the setting. In the future I will do my very best to do more research on my own before putting myself out there and asking a question to those that seemingly encourage such behavior. I do wish you the best and I thank you for your answer to my question. Take care.

@@jballbro He was not singling you out, he was just stating something as a principle.

Yes you can.

Yeah, it's something I covered in my video. Yes, you'll feed the residents 3 meals a day.

You have to assess the clients first, tour the home, and make sure they're the right fit for your home.

Will do!

Normally that wouldn’t be feasible for all levels of care. If you’re doing only supervisory or level 1 care, than in that case it may be feasible.

Thats great to hear! Yes, I do offer my course. I’ll link it down below for you. legionassistedlivingacademy.com

Thank you so much Vee for the support! Happy to hear that the videos have been helpful in your journey of starting your own RAL. Once Zoning gives you the amount you’re able to zone for, that’s it. Unfortunately, there’s nothing else you can do at that point.

Can you explain more about zoning? Does it mean that under a certain number of beds, there is no zoning requires? I am in NJ.

@@KimNguyen-ox8mf this is something that I go through in my program! You can purchase it in the link provided down below. legionassistedlivingacademy.com

It can vary depending on the location. You don’t need at least 4 licensed people. Licensed people are nurses, physicians, etc. You need certified caregivers to operate a 10 bed facility. Salaries can vary from state to state due to the minimum wage laws. There’s things you can do to minimize expenses in those areas. There’s always businesses being sold. That’s nothing new or shocking. People who have been in this industry, have been in it for 15+ years so they’re probably tired and ready to retire. There’s many reasons why someone sells a business.

You’re welcome! Thank you for joining! In the this video I explain the start up costs: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-4kyk0xG3-Nc.html

jai P yes I have. I didn’t always have staff.

You’re welcome! Thank you for the support, and feedback. Mine is located in Mesa, AZ. Know of someone in S. CA who has two homes. Getting residents can be challenging at first but it’s something that takes patience more than anything. I didn’t have any contacts in the hospital or healthcare businesses. Mainly online referrals and referral agents. Being online is a big deal and your local community. Churches and 55+ communities. That’s the best way!

You’re welcome! Wish you all the best

It includes: caregiving, medication management, food, laundry, and making sure that they’re being taken care of. Salaries all depends on the caregivers experience and what the minimum wage is in your state. Yes, you do take people who are sick. They usually have multiple diagnoses.

Appreciate that! Yeah, this is certain parts of Phoenix, AZ. Make sure to do comps in your area to make sure that is what the going rate is in your area. You don’t want to over charge because demographic in area may not be able to afford it.

Thank you for the support. Means a lot. You just need to get certifications in order to start these care homes or hire people who have these certifications.

Do you have statistics backing that? People who age will not be able to care for themselves due to other health issues they may have or eventually develop. Most of the health issues will require 24/7 attention and care which they can’t get at their own home.

Arizona allows for 2, California allows for 2, and Texas allows it for 3 without a license. Now, I don't recommend doing that and it's typically not very profitable.

Cherie. Hello your story is similar to mine …Not knowing where to begin and afraid to begin .have you moved forward with your assistant living project ?

@@liriagarrison9562 Not really. still afraid to make the move. I printed out the forms but got held back again .

Yeah some would have to be semi private beds. It wouldn’t be half the price, more like a 1/4 of it. It all comes down to what other homes in your area are charging.

Please schedule a one-on-one consultation call in the link in the bio. Thanks!

You’re welcome!

I’m sorry to hear about your situation. For me, it wasn’t necessarily hard to get licensed but it was a process. It took about a month to two months to fill my beds afterwards.

@@serg_lupescu Thank u for responding! 2 questions if u dont mind. Is there another way to retain clients/residents without having to pay or go thru referral sources? In my state, owners like myself usually contract with MCOs and they send clients. So no money needs to be paid to anyone. Also Do you have a list of landlords that will allow a group home business to operate from their home?

@@calandrak.8147 hi I have a home on the east side and was wondering what process I have to take to open a home

@@donellstewart3528 whats your email?

it could be the same thing you're referring to, there are 22 different names for RAL across the country! which state are you in?

Yeah, and you resolve it by prioritizing your residents.

Yeah, I have made a video about the monthly expenses on the channel. I'll make an updated video though.

Great question! Now it all depends... there are a lot variables (locations, taxes, cost of living, etc) but from what I’ve seen it can be anywhere from $7-15k. Filling a bed can take as little as a few days or even weeks. Everyone’s situation is different but that is why it’s important to do a SWOT analysis of your business plan and really break down every cost of the area you’re wanting to do it in.

You’ll have to check with your Department of Health in NC. Also, zoning will determine how many beds you can have as well. Parking is normal. You won’t have to have parking for each person. Activities can be coordinated by the manager and the caregivers. Transportation is provided by outside third parties, that the families pay for.

marketing is key! to be fundable you want to be finable, a great website and a Facebook page, but also networking this is a relationship based industry, so be sure to get your name and face out there, working with local placement agents, geriatric nurses and doctors etc

You can! 💯😊

Dan Denson $4,500-5000 probably. Then again, its hard to say not knowing the comps for that area.

@@serg_lupescu comps as in other assisted living homes or just home prices?

@@serg_lupescu I guess a better question is do you have any advice on how to scout out these prices?

Dan Denson income comps, see what people’s average income is in that area. Go and tour these other homes to see what they are charging for their beds.

@@serg_lupescu There are actually very few assisted living homes. The area is dominated by large facilities. This is making it hard to find anything to compare too. Do you have a rule of thumb on median income vs price level?

Most definitely!

A lot of commercial lenders and smaller local banks that understand the business model.

Not in Arizona. You would still need to be licensed.

It can be both! “Private pay” is considered what the family pays for the resident. Medicaid is the government program that pays for the resident.

I don’t know of any unfortunately.

Thank you! I’m first generation Romania here in America. So, I suppose that makes me Romanian. That’s great to hear! Florida is great place to start.

@@serg_lupescu same, first generation romanian here. I know a lot of Romanians are doing this business and most of my family does so we might jump in the band wagon. Great RU-vid videos, I've been binge watching lol

That’s awesome. Yeah, there’s a lot of Romanians doing it. Best of luck with everything!

No you won’t be regulated. Therefore you won’t need to do anything with DHS. It’s a good way to just cover your expenses and save some money on the side.

Oh nice. Do you think I'll still be able to charge as much as if it was a licensed ALF?

I know there's alot of factors that come in to play with prices and all. My home is in a good location for assisted living.

Andrez Chavez yeah you’ll be able to. My landlord actually does that exact thing to cover her mortgage and make some extra money.

@@serg_lupescu That's cool! I might just do that but I definitely want to scale up! Btw that video you dropped today about Airbnb really got me thinking. Thanks for sharing! Can't wait to hear more about it.

I appreciate the kind compliment. Thank you for the support on the channel!

I’m operating in Arizona.

It’s not fixed on any location. That is the average cost across the country when you combine all the different rates.

in most states no! just a licensed administrator, but the requirements vary state to state

Yes it is. You just have to find the right person who knows the business and how to run the operations

Eritrea I would like to have a chat with you.

Jerry Brodie hello can you help me be a real estate investor for RCFE?

I am interested in working with someone that knows the business too!

You are required to get zoned as an assisted living facility before you can run a residential assisted living home out of that specific property.

I go through it in depth in the course, so if you’re thinking of going through it than you’ll get all the information there! :)

@@serg_lupescu Thanks for the Swift reply, I'm looking to open a residential assistant living in South Carolina, but I think I need a bachelor's degree , I have to pass some state exam and submit my current credit report or something

You’re welcome! Just keep at it and you’ll be started before you know it.

About $650-1500

@@serg_lupescu Thanks, are you doing this?

K M yes I am.

@@serg_lupescu nice, in cali?

K M no, in Arizona

You’re welcome!

You can schedule a one on one consultation call with me to discuss the details. I’ve linked it below: calendly.com/legionassistedliving/30

Yes I am. A lot of it comes from time management and having the right people in place.

Usually through their pensions, Social security and their families.

You’re very welcome. You can do it by taking 5 homes in your area and adding up what their semi/private rooms are going for a dividing that number by 5. You can do comps in that area by looking at what the other homes in your area are selling for and go from there(that’s if your purchasing the property).

Glad to hear! The potential is there!

it's the same just a different name! there are 22 different names for this across the country!

That isn't something I provide anymore. I appreciate it!

Yes, this is something a lot of people do when they get into this business.

I’ll link a video for you down below where I cover your question. Where in Arizona is your property? Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-4kyk0xG3-Nc.html

Our property is located in Tucson. Thanks

That’s great to hear. You’re welcome!

First you would have to check with zoning and city if they will allow you to do that in a trailer park community. Also, if the community will approve that.

It varies from state to state.

@@serg_lupescu fair housing laws trumps state laws. If you are a landlord, you can lease to whoever you want, as long as you are not providing professional services yourself.