Does any one want to partner or coach me on assisted living facilities in the Houston area? does anyone want to share tips or advice on this subject? Anything helps!!
I have developed over a dozen ALF in Alabama and Texas. I currently am taking clients interested in building or acquiring assisted living. The regulation and management are the most important pieces, it is a bit more than just another multi-family property.
@Karla Taloncon, One of the requirements for getting financing for an assisted living facility is showing experience. For your first deal, many newbies will find a management company but the cost sometimes is cost prohibitive for the deal to make sense. I suggest looking for a partner that has industry experience.
@Ronald Rohde PM me please. I am an experienced investor in the DFW area in 2-4 MFs, and would like to hear about assisted living facilities...