Get ready for the continuation of an insightful episode about the concept of residential assisted living and focusing on the increasing demand due to the aging baby boomer population. Dr. Alex Schloe explored different investment models and shared his challenges in hiring caregivers. Mike and Alex also tackled the potential of the real estate asset class and the importance of creating a better work environment for healthcare workers. Insights into raising capital for residential assisted living homes and Alex's involvement in a mastermind group called the Residential Assisted Living Room were not missed.
What you’ll learn from this episode:
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The reasons behind the increasing demand for residential assisted living.
- Different ways to invest in real estate for residential assisted living, including the benefits of owning the real estate and leasing it out to an operator, and the minimal risks for passive investors due to multiple separation layers.
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Insights into raising capital for residential assisted living homes, including the approach of partnering with experienced operators and the potential for significant cash flow.
- The challenges faced by healthcare workers, particularly nurses and CNAs.
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The potential of the real estate asset class in the context of residential assisted living homes.
About Dr. Alexander "Alex" Schloe
Dr. Alex Schloe is a Christ follower, husband, father, Air Force physician, and multifaceted entrepreneur with a deep commitment to empowering physicians to achieve financial freedom through real estate. As the co-founder of The RAL Room Assisted Living Mastermind, Alex is at the forefront of transforming the assisted living industry, teaching others how to invest in and reshape the landscape of residential assisted living. He also hosts the "Physicians and Properties" podcast, where he guides fellow physicians in leveraging real estate investing and entrepreneurship to gain the freedom to practice medicine on their terms and live life to the fullest. Driven by a passion for family, adventure, and lifelong learning, Alex intertwines his professional endeavors with a personal mission to create a future where he never misses a moment with his loved ones.
Resources mentioned in this episode:
- Free 10- Step Guide to Purchasing Your 1st or Next Residential Assisted Living Home
- The RAL Room Assisted Living Mastermind
- Residential Assisted Living Investor, Operators, Managers & Staff Facebook Community
- Physicians and Properties Community
Connect with Alex
What to anticipate soon, stay tuned!
- Register to Join Mike's FREE Webinar this coming October 9th!
- Facebook Live: "Ask Me Anything" an interactive 30-minute question and answer session on a weekend
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