Innovative Strategies
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated 17 days ago on . Most recent reply
Anyone here doing Residential Assisted Living?
Anyone here doing residential assisted living? How can one cash flow with RAL when the cost for hiring nurses and caregivers is astronomical? If you pay 1 caregiver $16.00 an hour, that's $11K per month to get 24x7 coverage for just 1 caregiver. Anyone able to cash flow with this model?
Most Popular Reply

I'm also very curious about this. I have a 5 bedroom that won't cashflow, but at the same time I don't want to give it up when I move. I've looked at Padsplit at $800/room and also RAL. Might be able to contract the RAL piece out and just be the landlord instead of the operator.