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How Profitable Is Owning A Senior Living Facility || Residential Assisted Living

FINANCE UP! with ALFATIR CRAWFORD
2022 ж. 3 Қаз.
34 167 Рет қаралды
Жүктеу

Check out - How Profitable is Owning a Senior Living Facility Part 2 - • How Profitable is Owni...
Fun fact: I come from a family of caregivers with a legacy spanning three generations. Since 1962, my family has owned an Assisted Living Facility and a Family Care Business right here in beautiful North Carolina. 🏥💙 Join me as we dive into the profitability of senior living facilities, drawing from my family's experience and insights. Get ready to learn, be inspired, and uncover the secrets to success in this rewarding industry! Let's get started! 🌟 #SeniorLivingProfitability #familylegacy
If you are interested in becoming an Assisted Living Administrator, visit my website www.alfatircrawford.com/ and check out my AIT University (Administrator-In-Training) Program where you will learn:
- Personal
- Business Office/ Administration
- Medication Aide Duties
- Activities
- Dietary
- Environmental/ Housekeeping
- Maintenance
You can also enroll at ALF University (Assisted Living Facility University) where you'll get Assisted Living:
- Strategy Consulting
- Operation Consulting
- Financial & Funding Consulting
- Human Resource Consulting
Don't forget to like, share, and subscribe: @FinanceUpwithAlfatirCrawford 👍🏾👊🔔
Get ready to engage in interactive polls, fascinating "Did You Know" facts, and insightful business discussions. 💡💼 Join my KZhead Community! www.youtube.com/@AlfatirCrawf...
LET'S CONNECT ON SOCIAL MEDIA:
Facebook: @AlfatirCrawford / alfatir.crawford
Facebook Page: @businesscreditspecialist / businesscreditspecialist
Instagram: @alfatircrawford / alfatircrawford
Twitter: @AlfatirCrawford / alfatircrawford
LinkedIn: Alfatir Crawford, Assisted Living Administrator at Boyd's Assisted Living, Inc.
/ alfatircrawford
Patreon: Alfatir Crawford - Financial Independence 101
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VISIT MY WEBSITE:
www.alfatircrawford.com/
BUY MY EBOOK:
Business Credit and Funding List eBook:
www.alfatircrawford.com/produ...
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DISCLAIMER
I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion without guaranteeing investment gains or losses.
#SeniorLivingFacility #HowProfitableIsOwning #AssistedLiving #SeniorLiving #LivingFacility #AlfatirCrawford #Properties #ResidentialAssisted #ResidentialAssistedLiving

Пікірлер

  • Welcome To My Channel Alfatir Crawford How Profitable Is Owning A Senior Living Facility || Residential Assisted Living Please LIKE 👍+ COMMENTS 💬 + SUBSCRIBE 🔔 & SHARE Subscribe Here: cutt.ly/tX7QE6k

    @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford Жыл бұрын

    • Blessings my brother in interested in starting a unlicensed group home in Florida can you please give me some pointers

      @caribbeangirltv9468@caribbeangirltv9468 Жыл бұрын

  • What you reported is not "how profiotable" senior living facilities are but rather what one could charge per bed. To know profitability requires knowing not only what one can charge but also knowing what the expenses are. Could you do that please. thank you

    @markcroftocala@markcroftocala Жыл бұрын

  • GREAT VIDEO.

    @pastoralaboy@pastoralaboy Жыл бұрын

  • Thanks for sharing.

    @bryantholmes3273@bryantholmes3273 Жыл бұрын

  • THANK YOU FOR SHARING THAT INFORMATION.

    @pastoralaboy@pastoralaboy Жыл бұрын

  • muito bom mesmo legal 👏😃

    @familiasylvavidanaroca4944@familiasylvavidanaroca4944 Жыл бұрын

  • Very interesting video 👍 Have a nice day

    @blumenmaedchen115@blumenmaedchen115 Жыл бұрын

  • Nice video!!! Thanks for sharing my new friend 🤗

    @RoseliaFernandez@RoseliaFernandez Жыл бұрын

  • Good morning very nice video sharing 👍

    @ThariGeet@ThariGeet Жыл бұрын

  • Thank you so much for this information! Would love to hear more about the operation process.

    @01dixieforever01@01dixieforever01 Жыл бұрын

  • ☑️17. good content, interesting🙏

    @nellyvelasquezapoyoamanuel@nellyvelasquezapoyoamanuel Жыл бұрын

  • love this video so much, have spend a wonderful moment with your video, nice and charming video !love this video a lot, 👍👏, full support for you🙏🏼

    @transparencesolution@transparencesolution Жыл бұрын

  • Bom dia amigo passando pra prestigiar seu trabalho joinha 👍

    @diaadiadafofinha-dicasereceita@diaadiadafofinha-dicasereceita Жыл бұрын

  • Nice video

    @VCrossley1@VCrossley111 ай бұрын

  • Thank you, this video helps

    @meazagezahegn9375@meazagezahegn9375 Жыл бұрын

  • We have no idea that a senior living facility is a good investment. This is very informative. Thanks for giving us this insights which we can refer to in the future.

    @itsMIKAYtv@itsMIKAYtv Жыл бұрын

  • Thank you Sir

    @lamourhowell6772@lamourhowell6772 Жыл бұрын

  • Like from Brasil nice vídeo

    @LIVESDOSGAMES@LIVESDOSGAMES Жыл бұрын

  • Olá amigo tudo bem com você chegando para somar excelente vídeo parabéns pelo conteúdo sucesso chegando para ficar

    @nedilianaalmeidaconceicao7875@nedilianaalmeidaconceicao7875 Жыл бұрын

  • Thank you....

    @pastormichaelhibbertminist7486@pastormichaelhibbertminist74867 ай бұрын

  • Saudações do 🇧🇷, sucesso a cada dia

    @Danyshansay-Gospel@Danyshansay-Gospel Жыл бұрын

  • Cảm ơn bạn đã chia sẻ một kiến thức rất tuyệt vời đến mọi người cùng tham khảo và trải nghiệm hay quá bạn ơi ủng hộ chúc bạn luôn sức khỏe và thành công trong cuộc sống bạn nhé 👍♥️👍🌹

    @bethutivi6911@bethutivi6911 Жыл бұрын

  • Very interesting I think I want to open up a home group home style

    @queenkeesh8660@queenkeesh866010 ай бұрын

  • Salve amigo novo inscrito

    @bxgamer13@bxgamer13 Жыл бұрын

  • YOUR TITLE CAUGHT MY ATTENTION.

    @pastoralaboy@pastoralaboy Жыл бұрын

  • This is very helpful thank you! I’m guessing these numbers are per month??

    @Alexander-mk9kg@Alexander-mk9kg11 ай бұрын

  • Thank you

    @RNMSW@RNMSWАй бұрын

    • You're welcome

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawfordАй бұрын

  • Thank you for this video and information. Me and my wife are looking into opening up our own assisted living residential facility here in Las Vegas. Hoping we can get everything up and running along with licensing and patients.

    @hannahvillanueva1970@hannahvillanueva1970 Жыл бұрын

    • You can email me at aqcrawford@gmail.com if you need help with opening up your Assisted Living Facility.👍🏾

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford Жыл бұрын

  • I have a question…are there any specific government grants/loans that you can refer me to look into? Thank you!

    @niyah_jordan3147@niyah_jordan31474 ай бұрын

  • Tmj

    @bxgamer13@bxgamer13 Жыл бұрын

  • LOL you still look nice Mr Crawford.

    @courage1962@courage1962 Жыл бұрын

  • What's the expectation for Private Pay? A room to then selves?

    @NowWhat01@NowWhat01 Жыл бұрын

  • As someone who lives in one of these facilities, I find it appalling how budget cuts are affecting the overall health of residents because the profit line isn’t big enough. The “beds” are costly and most are on fixed incomes. I’m not impressed with this industry as a whole.

    @robinwoodroe1072@robinwoodroe1072 Жыл бұрын

    • I can't believe you can't get out of there.. what about your children ?

      @BertaSmirnova@BertaSmirnova10 ай бұрын

  • hello sir,currently i am running an advertising agency, my quection is how can i convince assisted living facilities to accept my offer of advertising for them? i called alot of senior care facilities and they all deny my offers, i was asking what do they need the most in ads that i can help them with that??

    @farzadsahibzada5765@farzadsahibzada576510 ай бұрын

  • A SENIOR LIVING FACILITY IS MY HUSBAND'S DREAM.

    @pastoralaboy@pastoralaboy Жыл бұрын

    • Mine too!!!

      @mariag38@mariag389 ай бұрын

  • Buen video dejo mi manzana activada en tu ciudad espero tener una fruta en mi ciudad porfavor

    @danielramirezrivera9592@danielramirezrivera9592 Жыл бұрын

  • Olá amigo, eu adorei a apresentação de seu trabalho e as suas palavras são bastante sábias e muito inteligente!!! sucesso e like 3🤩🤩🤩🤩🤩

    @deliciasdakityvariacoes5547@deliciasdakityvariacoes5547 Жыл бұрын

  • Sad this video only has 2k views Tells you where people’s mind are or will be in the futue

    @DennisHenderson-ux4ev@DennisHenderson-ux4ev Жыл бұрын

  • مرحبا صديقي العزيز 🔔🤝

    @rababvshatim5986@rababvshatim5986 Жыл бұрын

  • Can I combine a nonprofit with an assisted living facility for special needs young adults?

    @AndreaPortley@AndreaPortley27 күн бұрын

  • I would so like to get some info on funding to start one in Arizona. We’ve been helping the elderly since I was a child. I love our seniors. I hate to see them being forgotten and seeming to be just existing. I would totally appreciate some personal advice.

    @Shaylatwinkies@Shaylatwinkies Жыл бұрын

    • Email me any questions you may have -> aqcrawford@gmail.com

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford Жыл бұрын

    • @@FinanceUpwithAlfatirCrawford okay emailing you now.

      @Shaylatwinkies@Shaylatwinkies Жыл бұрын

    • @@FinanceUpwithAlfatirCrawford email sent.

      @Shaylatwinkies@Shaylatwinkies Жыл бұрын

    • I would love too know more information too started up

      @richardwallace5726@richardwallace57264 ай бұрын

  • And covid restrictions create oppressive prison like conditions for residents and staff

    @spencerbrown6214@spencerbrown6214 Жыл бұрын

  • This is per month right?

    @krisandrewws6506@krisandrewws6506 Жыл бұрын

  • Bonvertion a one plate of food nit much taking to room is COST IS $500. EACH MEAL .. JUST BECAUSE THEN HAVE MONEY THE RESIDENTS.

    @francesg5521@francesg55213 ай бұрын

  • Hey-I’m a single mom here in Charlotte and I’m struggling to stay afloat in this financial climate. Today I broke down crying about all the stress I’m facing with bills on top of bills. I have a salary job in health insurance and my own small business. With making 100k/yr, it’s just not enough 😔. I’m constantly thinking of new ways to make more money. Do you think it’s possible to start an assisted living home, 1-6 beds, with $10k? I would find a rental since I can not get approved for a home loan with the amount of debt I have at the moment.

    @1special_p@1special_p Жыл бұрын

    • Try a DSCR loan!

      @VCrossley1@VCrossley111 ай бұрын

    • @@VCrossley1 thanks, I’m going to look into it.

      @1special_p@1special_p11 ай бұрын

    • ​@VCrossley1 what is Dscr loan please?

      @joyui7797@joyui7797Ай бұрын

  • How much do I need to start one up in Michigan? Do I have to get my own building? How much are you making yearly?

    @ailadacia9309@ailadacia93094 ай бұрын

    • www.michigan.gov/lara/bureau-list/bchs/adult

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford4 ай бұрын

  • If i own the property could i have my family elderz in those beds? And does HUD have anything to do with it?

    @CryptoRico77@CryptoRico778 ай бұрын

    • Yes. HUD?

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford6 ай бұрын

  • Crazy how you didnt say what the resposibilities of the owner is? What are the costs? What are the least amount of beds to have and it will still be worth the cost and trouble?

    @user-yo6sc6lb3u@user-yo6sc6lb3u3 ай бұрын

    • Here you go Yos Nia -> kzhead.info/sun/jdx_lM-SrKCZZqM/bejne.html

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford3 ай бұрын

  • Are those gross numbers? how about net earnings, approximately?

    @user-mf4ve1cd1j@user-mf4ve1cd1j8 ай бұрын

    • Btw 20%-35% profit margins, varies on expenditures...

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford6 ай бұрын

  • What do i need to get started in Ohio??

    @coolself8626@coolself86264 ай бұрын

    • odh.ohio.gov/know-our-programs/residential-care-facilities-assisted-living/residentialcarefacilitiesassistedliving

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford3 ай бұрын

  • When you say the cost per bed, is that the price per month?

    @kenyalewis2419@kenyalewis24199 ай бұрын

    • Yes

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford6 ай бұрын

  • please get veto the point ....... how do you start the business. ... please

    @maddie9077@maddie907711 ай бұрын

  • I have a 3/2 Duplex with a garage backyard about 1300 square feet. How can I get started

    @vacayislife7828@vacayislife7828 Жыл бұрын

  • Is that per bed price also per month?

    @purgess83@purgess83 Жыл бұрын

    • Yes

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford Жыл бұрын

  • How does someone start? How does one get clients?

    @corinnet9822@corinnet98223 ай бұрын

    • What state?

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford3 ай бұрын

    • Texas

      @kikelomooladiji8919@kikelomooladiji89193 ай бұрын

  • Are the per bed monthly?

    @TheChillFly@TheChillFly Жыл бұрын

    • Yes, monthly

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford Жыл бұрын

  • How do I get to start building this business? Is there anyone out there consulting on this particular industry?

    @foreyob@foreyob Жыл бұрын

    • You can visit my website www.alfatircrawford.com or send me an email aqcrawford@gmail.com and we can talk more about Assisted Living Facility Businesses.

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford Жыл бұрын

  • Is this per bed per month?

    @TheNunududu@TheNunududuАй бұрын

    • View Part 2 - studio.kzhead.infoZxFdkZunc3k/edit

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawfordАй бұрын

    • @@FinanceUpwithAlfatirCrawford A simple yes or no would suffice.

      @TheNunududu@TheNunududuАй бұрын

  • Per bed, is that per month?

    @MyMagnumOpus@MyMagnumOpus8 ай бұрын

    • Yes, per bed monthly.

      @FinanceUpwithAlfatirCrawford@FinanceUpwithAlfatirCrawford6 ай бұрын

  • Hazel Dell NO THEN DON'T CARE THE HEAD DIRECTOR DON'T KNOW WHAT HE DOING. When taking gossip for hiding a person. All new furniture painting rooms by a employee. No food uasing same soup for lunch bowls food wasn't eatten back in pot.This place 20 years same beds just gotten new beds . Now then don't have money to buy coffee. Caregiver don't have Aide Certificate working 10 months. Not all about Cost.

    @francesg5521@francesg55213 ай бұрын

  • Bravo pour ce magnifique épisode abonne toi si tu veux merci à bientôt j'espère cordialement GG merci beaucoup

    @asuragaming9096@asuragaming9096 Жыл бұрын
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