Residential Care Facility for the Elderly

3 Replies

Happy New Year BP Community!  Let's make it a great 2019!

I'm reaching out to all Residential Care Facility Owners and those who have owned or have experience in this field.  My husband and I are interested in opening a residential care facility in CA and would appreciate any advice you can give.   What do you like most/least about this business?  What could you have done differently when you first started?    What and how much are monthly expenses?   Any  tips, resources, referrals you can provide would be much appreciated.  

Thanks in advance!

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you