What to Know Before

As America ages, it goes without saying that the assisted living business will be blooming for years to come. It's no wonder we see new facilities popping up all around us - most of them doing quite well. Investment groups and private owners are buying existing homes, building out new locations, and/or expanding the facilities they already have - all to meet the ever-growing demand. There is a lot to know about this business model. Buying an existing REFE, and expecting a guaranteed profit is a lot harder than it looks, but if you are smart and buy right it can be a wise investment. Indeed, there are many trips and traps when buying an RCFE (residential care facility for the elderly). And, of course, we all know that not all RCFE are created equal. Still, you have to ask yourself; where do I start, what should I be looking for, and what are the major red flags? Suffice it to say, there are many factors you must take seriously as well as a number of pitfalls - and, yes, as they say; "the devil is in the details" and when it comes to purchasing an RCFE, Board and Care Facility, or Assisted Living Home you'll need guidance and a solid strategy. First things first - you need to know what you are looking for. 35Y6NXEf
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