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Do not be late to the money management party! This week, we unearth the secrets to mastering your finances from day one. I sat down with Victoria Fitzpatrick, Chief Financial Officer of RALAcademy and finance maestro. If you need to know how to responsibly manage your finances, you have to tune in!We'll explore the essentials of budgeting and business spending, the importance of setting financial categories and understanding what to budget for - especially at the beginning. And if you've been thinking of engaging with finance professionals, such as CFOs or CPAs. Her advice? Don't wait until you're in over your head—seek guidance TODAY.For businesses with a little more steam - Victoria shared strategies for managing profits and reinvesting. We talk about the ‘Profit First' system and how this approach ensures business owners prioritize profitability from day one. It's all about how to create a stable financial foundation and drive sustainable growth.What else do we talk about?Strategic Financial ManagementTactical Tips for Building Budgets How to Track Financial SpendingHow to Cut BudgetsThese tips are not just useful—they're essential for anyone looking to run a lean and mean business.Don't miss out on this episode with Victoria Fitzpatrick! Tune in now on YouTube, Spotify, or wherever you get your podcasts. Make sure to like, share, and follow us on Instagram and TikTok. And remember, youth is your power.Subscribe to Young Boss with Isabelle Guarino wherever you get your podcasts, and be sure to like, share and follow on Instagram and TikTok.And remember, youth is your power.
Do you want to invest in something that will allow you generate income while helping others? Tune in to learn all about residential assisted living from Isabelle Guarino-Smith, plus the ridiculous reason why she had to remove a resident from one of their senior living facilities. Key takeaways to listen for Assisted living properties: Why you should invest, how it works, costs, and potential cash flow Why some people don't understand the importance of retirement living Can you evict someone from a senior housing facility? Resources mentioned in this episode RAL National Association Aquamation About Isabelle Guarino-Smith Isabelle is the Chief Operating Officer of the AL Family of companies, which includes the Residential Assisted Living Academy, Pitch Masters Academy, the Residential Assisted Living National Association, Four Homes to Freedom, Family Legacy Homes, and the Residential Assisted Living National Convention. She has a degree in Human & Family Development and minors in Religious Studies and Communication. She enjoys all organizational tasks such as planning, running corporate events, and leading teams to reach their financial and personal goals. As of 2022, Isabelle has started taking the stage for RALAcademy as the lead educator on the topic of senior housing. Connect with Isabelle Website: Residential Assisted Living Traning - RALAcademy Connect with Leigh Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown. Subscribe to Leigh's other podcast Real Estate From The Rooftops Sponsor Follow Up Boss Start your free, all-access trial today. There's no credit card required. For a limited time, Follow Up Boss is doubling the free trial for CSIRE listeners—that's a full 30 days to see how Follow Up Boss helps you close more deals. LINK: Followupboss.com/crazy Leigh Brown University – New On-Demand Training How to Dominate During This Recession! Enroll Now to get ahead of the curve and learn how to manage changing markets, the action steps for what to do, and most importantly, what to say so that you can secure listings, assist more buyers, and grow your business no matter what the market is doing. Link: http://dominatethisrecession.com
Today we discuss: -How to get started in assisted living investing, location is critical. -The difference between RALAcademy and the big box communities. -Don't be afraid to try; you need to have GRIT. It is not the most straightforward form of Real Estate. Your why and passion needs to be strong enough. "Making money is cool, but taking care of loved ones is better! The impact is more remarkable than the money."
Today we discuss: -How to get started in assisted living investing, location is critical. -The difference between RALAcademy and the big box communities. -Don't be afraid to try; you need to have GRIT. It is not the most straightforward form of Real Estate. Your why and passion needs to be strong enough. "Making money is cool, but taking care of loved ones is better! The impact is more remarkable than the money."
Isabel is based in Phoenix Arizona where she owns and operates a portfolio of residential assisted living homes. She also runs the RAL Academy which has trained thousands of owners and operators how to develop and run successful residential care homes across the nation. To learn more, and to connect with Isabel, visit RALAcademy.com. --------- Host: Victor Menasce email: podcast@victorjm.com
#41 Get Gene's free ebook on how to get started in Residential Assisted LivingFREE EbookGene Guarino is President of Residential Assisted Living Academy™ in Phoenix, AZ and has over 30 years experience in real estate investing and business. Today, Gene is focused on just one thing… investing in the mega-trend of senior assisted housing. Having trained tens of thousands of investor / entrepreneurs over the past 25 years, he now specializes in helping others take advantage of this huge opportunity.Gene is also a CFP, (Certified Financial Planner) in the US and in Australia. Since 1976 he has owned and operated sixteen businesses and been an angel investor in numerous others. Gene has written four books, hosted two radio shows and has spoken to over 250,000 people in four countries since 1990. Gene’s goal is to help people by training investor / entrepreneurs how to… “Do good and do well”. Visit: www.RALAcademy.com or call 480-704-3065 for more information.“Residential Assisted Living Academy has developed and perfected a unique formula that will allow you to take advantage of the massive growth in the senior services market and protect your money while securing your financial future from economic downturns, market crashes and even job losses.” –Gene Guarino, RAL Academy,
There are many ways to make money in the real estate industry that, sooner or later, one grabs your attention. For Gene Guarino, it was the residential assisted living model. Gene is the Founder and President of RALAcademy, America’s number one source for senior care home investment and business education. He has over 30 years’ experience in real estate investing and business and now focuses on investing in the mega-trend of senior assisted housing. On today’s podcast, Gene joins Mitch Stephen to share how he got into the space and how he’s educating people on how to start and operate a residential assisted living business.Love the show? Subscribe, rate, review, and share!Here’s How »Join the Real Estate Investor Summit Community:1000houses.comReal Estate Investor Summit FacebookReal Estate Investor Summit TwitterReal Estate Investor Summit YouTubeMitch Stephen LinkedIn
Pancham interviews RALAcademy founder, Gene Guarino. Gene reveals why residential assisted living is his most favored asset class, and shares some little known nuances that you might not be aware of. This show starts off with Gene sharing how he discovered real estate investing and residential assisted living, the “silver tsunami” as Gene calls it. What is the rationale behind investing in a senior living? Gene explains the favorable demographics and reveals how residential assisted living is far cheaper compared to hiring an in-home caregiver. So, how do you find success as an investor in this space? Gene lists three crucial factors that will help you do so. Tune in for some excellent investing nuggets! 3 Key Points: Why investing in a residential assisted living is an excellent decision Gauging the demand in the residential assisted living space Factors that will help you find success in the residential assisted living space Resources: Get your hands on Gene's Book For more details visit: www.TheGoldCollarInvestor.com/show17 Download free report on top 6 reasons to invest outside of wall-street: www.TheGoldCollarInvestor.com/download Get in Touch: Pancham's Email The Gold Collar Investor The Gold Collar Investor Facebook Page
Don't waste time Invest time Time you cannot spend twice. Our guest for today has over 30 years’ experience in real investing and business, he is the founder of the Residential Assisted Living Academy. The RALAcademy is the premier source for education in owning, operating and investing in Residential Assisted Living and senior housing. He has trained thousands of people from across the country how to turn single-family homes into cash flow machines. RALAcademy’s motto is Do Good and Do Well. He has written 4 books and hosted 3 radio shows and has spoken in 5 countries and over 50 cities in the last year alone. Have you ever thought about investing, operating, or developing a residential assisted living home? Be part of the convention and got to RALNATCON.com
Gene Guarino, Founder and CEO of Residential Assisted Living Academy, is on air with Abhi to discuss just that — residential assisted living! There is a lot of passion behind Gene’s voice and he has compelling reasoning as to why this route is the best route to take in real estate. His personal story of how he got started is something every person with a baby boomer relative can relate to. Do you know how many people need residential assisted living today? Gene breaks down the numbers for listeners and how much it typically costs for someone to stay in assisted living. If you are interested in getting started in residential assisted living, this is definitely the show for you! Gene helps investors learn how it can be possible! His motto is, “Do good and do well.” It speaks to his character and he explains what that means to him and how it helps him in his real estate journey. To learn more about Gene and his business visit ResidentialAssistedLivingAcademy.com, email info@RALAcademy.com or call 480-704-3065.
Today's Cash Flow Expert is Gene Guarino from the Residential Assisted Living Academy, who is here to show you how to get up to twice the fair market rent with a long term, low risk tenant. Would you like to own a business making you a steady income of $10,000 a month or more, set up and running in less than six months from today? Learn how to get started investing in the best business opportunity you're going to see for the next 20 years with the Assisted Living Business Accelerator. Website: Assisted Living Business Accelerator www.RALAcademy.com If you'd like to learn more about The Cash Flow Wealth Summit just click the link below! www.CashFlowWealthSummit.com
This week's Cash Flow Wealth expert is Gene Guarino, founder of RAL Academy, who's here to teach you how to turn a single family home into a residential assisted living center and drastically increase your cash flow every month. Gene answers important questions like why residential assisted living is a good investment, how to figure out where to put your assisted living home, how long it takes to get started, and more. This is perhaps the best real estate investing opportunity for the next 20 years, and the competition is virtually non-existent at the moment. Listen in and see if this is an investment that might be right for you. Website: www.RALAcademy.com If you'd like to learn more about The Cash Flow Wealth Summit just click the link below! www.CashFlowWealthSummit.com
In today's show, we tackled something we have not discussed on the show before—investing in, running, and managing assisted living facilities. Gene Guarino is the president, CEO, and founder of RALAcademy based in Phoenix, Arizona. He has over 30 years of real estate investing and business experience under his belt. Nowadays, his main focus is investing in senior assisted housing. He has also spent the last 25 years training tens of thousands of entrepreneurs and investors so they can take full advantage of this new mega-trend. In this episode, Gene breaks the whole process down in simple terms so don't miss it!
In today’s show, we tackled something we have not discussed on the show before—investing in, running, and managing assisted living facilities. Gene Guarino is the president, CEO, and founder of RALAcademy based in Phoenix, Arizona. He has over 30 years of real estate investing and business experience under his belt. Nowadays, his main focus is investing in senior assisted housing. He has also spent the last 25 years training tens of thousands of entrepreneurs and investors so they can take full advantage of this new mega-trend. In this episode, Gene breaks the whole process down in simple terms so don’t miss it!
Today's Cash Flow Summit is about the #1 real estate investing strategy for the next 2 decades that will turn your single family home into a cash flow machine, by way of assisted living facilities. Gene Guarino is founder & CEO of RALAcademy and has over 30 years experience in real estate investing and business. Gene gives out 5 keys to success in choosing a facility that's part of a $300 billion industry and how to identify Level 3 & 4 facilities that will make you the best profit margin. He also lists out the 10 steps you must do in order to analyze a home's numbers properly. Website: www.ALFTrainingAcademy.com If you'd like to learn more about The Cash Flow Wealth Summit just click the link below! www.CashFlowWealthSummit.com
In today's episode of The Art of Passive Income, Mark and Scott talk with Gene Guarino—CEO, President, and Founder of RALAcademy.com. Gene is the first guest on our show to talk about an industry that everyone at one time or another will have to deal with, and that's Senior Assisted Housing. With over 30 years of experience in real estate investing and business, his focus today is investing in the megatrend of Senior Assisted Living. Gene shares the backstory that led him to create Residential Assisted Living homes that “feel like home” by turning single-family homes into care homes that he would be proud to have his own mom and dad move into, and ultimately teaching his model to others. Gene breaks down his business model, including the demographics and the economics showing us that demand is high and the opportunity to make long-term wealth is real! As he explains, we are in the middle of the Silver Tsunami. There are 77 million baby boomers and people living longer than ever, 4,000 people a day are turning 85 years old. That's the fastest-growing demographic in the country, and the target. Gene breaks down the numbers showing us the potential earnings per home and analyzes the two aspects of this business: The real estate side—Where you own and lease the home. You have low impact tenants with a long-term lease for twice the market rent. The business side—The care side is where you get the huge returns because it requires more work. This business has these 4 key components on its side: Demographics Economics Low competition Demand But what are the negatives and do they outweigh the positives? Listen in now as Gene covers all aspects, including the hardest parts and the liability risk factor, which was a mic-drop moment! TIP OF THE WEEK Mark: Learn more about Gene by going to his website at ResidentialAssistedLivingAcademy.com. Scott: Check out Taskful.me. It divides your tasks into different color categories and sets task reminders for them. Gene: Own one home now, don't leave a burden to your kids; leave them a blessing. You pass away they get to keep the home and the cash flow. Do it for your kids if not for yourself. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?
Gene is the President, CEO & Founder of RALAcademy. Gene has over 30 years experience in real estate investing and business. Today, Gene is focused on just one thing… investing in the mega-trend of senior assisted housing. Having trained tens of thousands of investor/ entrepreneurs over the past 25 years, he now specializes in helping others take advantage of this mega-trend opportunity. What you’ll learn about in this episode: Why the assisted living business is just going to keep growing and getting better The many definitions of what assisted living is and the niche that Gene fills How a nursing home is different from an assisted living home Regulations and rules with assisted living How being on both the business side and real estate side of assisted living can create massive cash flow Why positioning yourself in the assisted living industry today will put you in the perfect position 20 years from now On the business side, how to protect yourself when caring for the elderly How to determine if getting into the assisted living market is right for you How owning and living in an assisted living facility can provide a great solution to save and then pass on to your kids Why it’s about quality, not quantity when it comes to owning assisted living homes Gene’s personal mission when it comes to assisted living Resources: REInvestorSummit.com/assistedliving REInvestorSummit.com/live REInvestorSummit.com/grow REInvestorSummit.com/aof
#97: Generate $36,000 of monthly income and $10,000 of monthly cash flow per single-family residence used as an Assisted Living Home (ALH). Demographics tell the story. Our aging population means there will be more need for senior housing. Gene Guarino of the Residential Assisted Living Academy tells us why and how to own and operate ALHs. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 01:05 Get $5,000 - $15,000 cash flow per month from one single-family home. 01:37 Upcoming guests on future shows include T. Harv Eker and Tom Wheelwright. 02:50 40 million senior citizens today will balloon to 89 million by 2050. 05:15 Single-family homes - not giant institutional complexes - are a great niche for the individual investor / businessperson. 08:09 Don’t be involved in the day-to-day operation of the ALH. 09:13 Ideal ALH location. Home size 300-500 sf per person. 13:20 No commercial kitchen. Grab bars, wide doors. 14:18 Profit & Loss Statement. $36,000 / monthly avg. income for ten private rooms in one ALH. 17:51 Owning vs. Leasing the real estate to operate your ALH. 19:43 Zoning, Licensing, Liability Insurance. 27:13 How do you find an ALH? 31:19 State-administered trainings vs. business-oriented trainings. 32:39 Financing. 37:15 Occupying your ALH with residents. 39:27 “Mom & Pop” ALHs. 42:04 Caring for others. 43:35 What does an ALH manager do? 45:00 Gene shows others how to provide ALHs with a live 3-day Training, and at RALAcademy.com Resources Mentioned: RALAcademy.com CorporateDirect.com NoradaRealEstate.com RidgeLendingGroup.com GetRichEducation.com
If you are looking for a way to make a profit while positively affecting people's lives, residential assisted living homes might be right for you. Statistics show that the American population is aging in record numbers. This aging class controls 70% of the assets in America today. The private pay assisted living investment opportunity alleviates the burden of medical care, dealing with government payouts, and provides a service needed in most states. Listen in to find out more. Key Takeaways: [2:18] What's so great about assisted living? [3:47] Gene's assisted living program is in a single family home and licensed by the state [6:45] Liabilities should be covered by an annual umbrella policy [8:41] None of the medical services are provided under this design [9:41] The resident's family members know the elder is taken care of [10:36] Independent living, institutional living and continuous care retirement community [11:35] Seniors control 70% of the assets in America today [12:12] Make a higher profit by running a private pay assisted living home [13:32] Which states have opportunities for residential assisted homes? [18:54] Understanding the profit behind the evaluations [20:40] Factor in the time spent for renovations and licensing [23:13] What do you want out of your real estate investment? [24:52] The baby boomer demographics and statistics are astounding [25:41] Get a free report at RALacademy.com and mention Jason's show [26:15] Do good and do well [27:50] The tsunami of adult care is still about 15 years out Mentions: Residential Assisted Living Academy @ralacademy JasonHartman.com