Burke, VA · Member since 2016 · 14 posts · 5 votes
Several years ago my grandfather (doctor) came up with this hairbrained idea to start an assisted living business because he didn't like the options that existed locally for my grandmother suffering from dementia. I figured I'd go along (since he was paying) and flew out to Phoenix to take Gene Guarino's course. My grandfather sat through the ALF managers course at AACC and successfully secured his managers license. Last February we were under contract to purchase an existing ALF (owner financing) but the deal fell through for several reasons, including covid-19 and my grandfather's health. I'm starting to pick this thing back up and am looking for folks interested in possibly partnering up. Would love to sit down and discuss over a cup of coffee (or several).
Rental Property Investor · Austin, TX · Member since 2015 · 36 posts · 20 votes
5y
Hi @Patrick Edelin! I'm interested in the same thing, but sounds like a different market. I'm in Texas! Still hoping to get to one of Gene's courses this Fall. What market are you looking in? Best of luck!
Burke, VA · Member since 2016 · 14 posts · 5 votes
5y
Hi @Taylor Philley. To be honest, I'm somewhat market agnostic but for my first it makes sense to be local. How's the Texas market for ALF's? This purely an investment play or are you interested in being more involved? Gene and his son were great and the event was super beneficial. Certainly kicked things into high gear for me.