This was so helpful! My friend and I are researching about opening an assisted living home. We are both nurses for 6 years. This gave me tons of insight. Thanks for reviewing pros and cons.
I would like to say that your videos are very informative. I started a home in Atlanta last year. Here people really are stuck with the mindset of Medicaid and Assisted Living which in Georgia a home can't call themselves Assisted Living.
In California they expect you to have a good 50k in the bank just to cover what the state considers 3 months of living costs and covering any expenses of running your business. So the start up is quite a bit in California and the regulations are pretty ridiculous.
I am considering turning my house into a group home for adults with special needs. My own son is 14, and will likely need a residence in a few years. I look forward to watching your videos and learning more.
That sounds like a great plan! First step, is finding your “why”. It sounds like you have found it! Thank you so much for the support, and I pray that my videos give you the guidance you need.
Great video I am licensed Administrator in Florida, you hit everything on point. I love what I do, I also thought about opening a. ALF home but was at a cross between that and a Group Home for the disabled. Thanks for the video
Oh my God buddy you're so young I'm so proud of you I'm a subscribe to your channel oh my God I love seeing young people do good things you're amazing get that coin
I think success is going to vary on where you are located. I’m in the Atlanta area and there are always a lot of bad stories on the news of things happening in private assisted care homes so in this area people are rather leery of them. But other areas with a well run place I could see it as a viable option.
Not all assisted living homes 🏠 are good. I removed my dad from the first one. The caregiver employee told me move him to a new house. The RN owner was force feeding a resident. The employee walked in and saw her. She advised the wife to take her husband (resident) to the hospital. Turns out he had food in his lungs and had Two weeks to live. The 2nd home I had my dad in did position my dad properly. The Kaiser didn’t notify me that he had a bedsore almost to the bone. And she saw him weekly. So I brought him home to care for him. He was a double amputee bedridden diabetic w/dementia. I healed up his bedsore. Changed diapers every three hours. Took care of my hubby and son. I was in my late 50’s and disabled. I completely a CNA course when I was 27. Never worked in the field. Hardest thing I ever did. Harder than being a foster parent. God bless you.
I agree. Not all homes provide great or even good care. I’m sorry to hear that you had such a bad experience. My goal is simply to provide the best possible care and environment for my residents.
Employees are hard to find in any business, can barely find anyone who could pick apples. 😂 People are getting lazy, they want money without hustling to get it.
I would like to say that your videos are very informative. I started a home in Atlanta last year. Here people really are stuck with the mindset of Medicaid and Assisted Living which in Georgia a home can't call themselves Assisted Living.
Thank you so much for taking the time to make all your videos. I am a new follower and recently stumbled into your page at Café Joy watching what I’ve seen so far. Congratulations on the van life!!
I have been trying to find the building regulations required to get licensed. Could you do a video on what is required in the actual home? That would be dope!
Oh my God you're Mesa I should be in Phoenix oh my God shout out to Maggie's place that's a shelter for pregnant women so yeah that's an assistant living so I'm proud of you dude
@@serg_lupescu Hello Serg, can u share some videos on the detail financial side of course examples, expense & income, staffing and if you have a manager on the weekends and how do you take time off? I will greatly appreciate it. Thanks 🙏
Hi Serg! I’m a NP and I’ve been researching ALF for 2 months now. How do you come up with the expected food cost per client? I seen somewhere that the average was 4K a year. I don’t know where to get this data from. Are you still offering mentorship?
Hey! Great question, and thanks for the comment. The way I calculate the food cost is $8-10/resident/day. That will give you an accurate number on what the food cost is going to be on a per month basis. Yes, I do still offer consultation. You can book a 1-on-1 call with me: calendly.com/legionassistedliving/30 or book a full day with me here: calendly.com/legionassistedliving/in-person
Hello, I'm located in Florida. I have a 1700 sq ft. The home wants to take in 2 residents who have been in the meds field for 24 years. How long will it take to get it started.
Hey Kesha! Thanks for the support and commenting on the videos. Are you looking to lease the property to someone who is going to be taking the 2 residents or you will be doing it yourself?
@@serg_lupescu we are starting a home in Phoenix AZ and a group of us are binge watching your videos to get started ! Thank you so much these are helping a TON we just found you today !
Hey Serge! I stumbled on to your videos and I am very impressed with your accomplishments. I am very interested in embarking on the path of RAL but I'm Canadian. I'm trying to do my research but I'm not sure if my country has an equivalent. Have you heard of RAL cases like yours happening in Canada. If so, could you please tell me what you know? Thanks.
Great video man. I am getting ready to start mine in a couple of months. There is so much that goes into this. The state is strict with the homes here. This business doesnt even cost as much a some people my think as long as it's done right. I wonder how many staff do you need for a home that size?
Appreciate that and the feedback! That's great to hear. It's all exciting in the beginning just like anything else. They're strict everywhere but you just have just make sure you're in compliance with it all and you'll be fine. I agree, it's not much but people overthink a lot when it comes to getting started. Well, the ratio is 2:10 but you just need one caregiver to a home of 5-7 residents. A real good caregiver can definitely hand 5 residents.
Thank you for reaching out! You can actually book me as your mentor and spend a day with me, using this link :calendly.com/legionassistedliving/in-person
I’ve been a cna for five years and got my three years of care giving certification I’m now getting my ALM cert I’m super nervous to open a care home but what is one huge advice you could give to get started I live in Tucson Az and it seems like there’s so much to do but I could be wrong
Hi Rose I am a Registered Nurse who owns a successful Assisted Living business in the state of Maryland. Follow me on IG at valerie.bell3367. I will be coming out with a class very soon regarding assisted living business set up that you more than likely can benefit from. Stay Tuned.
Hi, how did you get the funding to start your business? What is the range of money you need to invest in getting into this? Do you plan to have another house with consumers?
Personal loan. You’ll want anywhere from $50k-200k depending on which route you decide to take and how you get your business started. Yes, I do plan on opening another home.
Questions I noticed the door knobs are not lever style which I thought was ADA requirement?? Is that not the case? Also the doorways don't look wide enough to accomodate any type of walker or chair, is that also not a requirement?? Where did you research the regulations and requirements to set up the house correctly and what City State are you operating in? Will this work in CA?
Each state and city ordinance will have different requirements and regulations. Therefore, it'll be different in CA and if you watched the video I mention where I am operating in. Hopefully this helps! God bless.
If you structure a house correctly I assume it’s like a normal assisted living home... you can afford to hire good help. Not great but good. Management being key of course... but 🧐
Hi Serg, does the bedroom and bathroom doors need to be 36 inches wide? I'm just in the process of buying a house and thinking if we need to change the doors. Thanks in advance!
Do you take care of dementia patients? Do you notice an issue with the bath tub and your residents? We are starting a home and are wondering if we should convert the tub to a walk-in shower (we will be offering care to dementia patients). Any advice - thanks!
Yes I do. I haven't notice any issues with the bathtub and my residents. We do use a shower chair that is made for the bathtub that they can easily transfer from. Having a walk-in shower does make it a lot more convenient for you residents and staff.
Hell, thank you so much for this information. Do you happen to have any I formation for owning a New York state Assisted Living? If so would you mind sharing? I would really appreciate it.
Any zoning issues running a business out of a residential neighborhood? Also, how would it affect this situation if all of the bedrooms were on the 2nd floor? Thanks, I'm interested in doing this in Texas.
None. Just have to make sure that the city clears you on the zoning. You just have to make sure that the neighborhood isn’t a HOA, because that could play a factor down the road. The question would be, how would you get your residents up there? You want to have the bedrooms on ground floor. Also, having the bedrooms on the second floor could raise increase the risk of higher liability as well.
@@serg_lupescu I understand. We own a 4k sqft home free and clear. 5 beds upstairs 1 master down. Looking into selling it but considered this route if it's possible. Rent minus taxes/repairs not worth keeping it considering we can make more on a small condo with Air BnB.
Hi Serg. I would like to start my Nursing Home. I’m an RN and FNP as well. Could you please give me your best advice? I appreciate your help. God bless you
Great info! Do you continue to pay a monthly fee to the placement agencies after they find you a resident, or is it a one time fee per resident they find? What does it cost you per resident? How hard is it to fill your home with residents? Thank you!
I appreciate that! You pay a one time fee, which consists of 100% of the first months rent from the resident paid over two months. It all varies. Depends on how bad you want to fill those beds and also how much demand is in your area.
Hi Serg, Hope you find this. Great content! Wife and I are RN's and we are thinking about starting one. How does being an RN differ from being an Aid or someone with no credentials? Thanks!
Thank you! It’s great to hear you and your wife are looking to get into this business. It mainly comes down to families having more trust and confidence knowing you have that experience.
Hey Niesha, I do have a step by step process to set up your home I’ll link it down below for you. Also, I have a mentorship program along with the documentation package to operate your home as well. I did not get a grant to start my carehome. Links: Legion Assisted Living Academy legionassistedlivingacademy.com
Hi Serg. A couple questions. 1. If you were starting over, would you choose this method of investing again? 2. How many employees do you have per house ? Are you doing the hiring, going through an agency, or do you have a manager doing all of the hiring and staff maintenance? 3. Is it possible to manage this from a different state? Thank! -clean and sober house owner, investor, wedding venue owner in WA
Briana, Thank you so much for the questions. Great questions. 1. YES! I would do this method again. 2. You have to have 3 employees per 10 residents and 2 employees for 5-7 residents. I am my own manager, so therefore I do all the staffing and hiring myself. 3. It is possible but it will not be easy.
I only have two beds in the master bedroom. Due to zoning and department health services your rooms need to be 120 sqft in order to have two beds in them.
Great question! A lot of it depends on what you are able to afford to do. For most people, it is more affordable to lease the property because they can use the capital they have available to utilize toward their business instead of putting that toward the downpayment of a house.
Of course. You may want to start out getting your Caregiver certification and working in a care home to get the experience to be able to get your manager's your certificate to be able to learn more regarding how to run a care home. I don't know the state that you're in so therefore it's hard for me to give you any specific schools and how much they're going to charge. Hopefully this helps!
Hey man, great content. So is it 50-60 k to get started from scratch or when buying an already running ALF. Also is there a ballpark of net income you make every month after all costs are taken care of? Thanks
Thanks. I appreciate the support! Yeah, to start a 5-6 bed facility depending on where you’re located and if you’re going to be leasing the property, it’ll cost between $50-60k. You’ll net between 20%-30% of gross income every month. Hope this helps!
@@serg_lupescu Hey man I also live in AZ and was planning on renting to start. Do you think its a better idea to buy since you will have more control of the home? It seems like its hard to convince a landlord to allow you to do it also.
I’ve made a video about this, I’ll link it down below for you to check out. Tips on getting your FIRST clients | Residential Assisted Living th-cam.com/video/40wvQMXA7es/w-d-xo.html
Is there a certain amount of money to be had before submitting the application? Ive been hearing you need about 15k in a account or something like that is that true?
@@BlackSinatra339 oh okay. Yeah, you’ll need to have those funds in your bank account and show them a most recent bank statement with those funds in there.
It can really vary a lot from the level of care, services you provide and the location of where your facility is. The average for a private room is $4,500 and the semi private room average is $3,500.
@serglupescu thank you! We just found a 5 bedroom house to have 6 residents in, but if we charge 3500-4500, not sure if we can survive with that d/t the price of homes here in california. 😪
Hey man. I’ll pay you to teach me. I’ll even fly out to meet you. I’m a realtor in atl and the need for this here is crazy. My business owns a 24 bed that is a commercial building. That makes $50k a month but I’m 25 and have like $80k cash I could put into somethings (can get a loan for about $500k - $300k business loan)
Hey! I’m from Atl and definitely agree with you. If your willing to converse with me just to brainstorm I would love that. Thinking about opening up my own assisted living
That makes it harder. You having self belief is all you need! But, yes hiring a consultant is actually smart! As long as their a reputable consultant 😊
That’s a great question! I’ll be making video of the software that I use to run my assisted living. Make sure to stay tuned for that video when it comes out!
Serg Lupescu when do you plan on making that video. I currently have a assisted living residence + club house (where people can come for the day, like a day care but for seniors) have you ever tried that combo?
Are you able to share or refer me to the insurance of liability you have? Also, how or has the covid 19 situation affected your assisted living? Do you feel like moving forward, families will prefer smaller settings vs larger facilities?
Yeah, EPG insurance who I currently use. It personally hasn’t affected me much. I’m still getting calls for vacancies. I believe families want a smaller facility because there’s a lower chance their loved one will contract COVID-19
Can you drop more residential assisted living vids!? Great info!
Most definitely! What else would you like to see or know?
@@serg_lupescu how to find people to live in the home!? That’s a good video idea
@@serg_lupescu
Show them happy like in home
@@serg_lupescu hy...need tips on started an assisted living in my country
This was so helpful! My friend and I are researching about opening an assisted living home. We are both nurses for 6 years. This gave me tons of insight. Thanks for reviewing pros and cons.
Glad to hear that! That’s exciting to hear! Thank you for the support and hope you enjoy the videos! God bless!
I would like to say that your videos are very informative. I started a home in Atlanta last year. Here people really are stuck with the mindset of Medicaid and Assisted Living which in Georgia a home can't call themselves Assisted Living.
@@maehouse1366 Hello May I'm also in Georgia, Clayton what do they call it?
I liked the layout and cleanliness of what saw. Nice job
Thank you!
Very helpful. I am subscribed and want to see more what you have to offer.
Thank you for the support! Make sure to go and checkout legionassistedlivingacademy.com and valleyalfventures.com to see more of what I have to offer.
In California they expect you to have a good 50k in the bank just to cover what the state considers 3 months of living costs and covering any expenses of running your business. So the start up is quite a bit in California and the regulations are pretty ridiculous.
That's correct. California does require you have 3 months, and on top of that the licensing can be quite extensive.
I am considering turning my house into a group home for adults with special needs. My own son is 14, and will likely need a residence in a few years. I look forward to watching your videos and learning more.
That sounds like a great plan!
First step, is finding your “why”. It sounds like you have found it!
Thank you so much for the support, and I pray that my videos give you the guidance you need.
@@serg_lupescu hey bro ! Do you have a contact number ??
@@anthonyespinoza7514 you can email me at legionassistedlivingacademy@gmail.com
Very good your on point keep your hard workers alot of people do leave
Agreed! Retaining staff is a crucial part of this business. Thank you for the comment.
Great video I am licensed Administrator in Florida, you hit everything on point. I love what I do, I also thought about opening a. ALF home but was at a cross between that and a Group Home for the disabled. Thanks for the video
What is AFL?
@@robinnelson18 She said 'ALF' which means Assisted Living Facility. Lol
I’m also stuck between which one to start. Did you make a decision yet? What’s the pros and cons?
Oh my God buddy you're so young I'm so proud of you I'm a subscribe to your channel oh my God I love seeing young people do good things you're amazing get that coin
Thank you!
I think success is going to vary on where you are located. I’m in the Atlanta area and there are always a lot of bad stories on the news of things happening in private assisted care homes so in this area people are rather leery of them. But other areas with a well run place I could see it as a viable option.
Congratulations!
To God all the glory!
Not all assisted living homes 🏠 are good. I removed my dad from the first one. The caregiver employee told me move him to a new house. The RN owner was force feeding a resident. The employee walked in and saw her. She advised the wife to take her husband (resident) to the hospital. Turns out he had food in his lungs and had Two weeks to live. The 2nd home I had my dad in did position my dad properly. The Kaiser didn’t notify me that he had a bedsore almost to the bone. And she saw him weekly. So I brought him home to care for him. He was a double amputee bedridden diabetic w/dementia. I healed up his bedsore. Changed diapers every three hours. Took care of my hubby and son. I was in my late 50’s and disabled. I completely a CNA course when I was 27. Never worked in the field. Hardest thing I ever did. Harder than being a foster parent. God bless you.
I agree. Not all homes provide great or even good care. I’m sorry to hear that you had such a bad experience. My goal is simply to provide the best possible care and environment for my residents.
Employees are hard to find in any business, can barely find anyone who could pick apples. 😂 People are getting lazy, they want money without hustling to get it.
True. People are lazy. But than again if you want something you just have to do it yourself!
Right!...Wouldnt it be smart to hire employees who would be flexible for On-Call to cover the home for the No call/No Shows, late employees?
You get what you pay for. No one in history ever said I what to grow up and clean poop off of old people for poverty wages.
@@mojojeinxs9960 I agree, but if they didn't put in the time to educate themselves on getting a better livelyhood, that's what they're looking at.
I love this I been doing a lot of research and I came across your channel
Thank you for the support.
I would like to say that your videos are very informative. I started a home in Atlanta last year. Here people really are stuck with the mindset of Medicaid and Assisted Living which in Georgia a home can't call themselves Assisted Living.
Thank you! Yeah, that’s something I’ve been seeing in other states as well. Thanks for pointing that out!
Hello Mae House, I finally find someone in GA!!!
Hi Mae do you accept Medicaid or private pay? Where you located?
@@miafrancis8085 Hello Mia I'm in Clayton Co. Where are you in this process.
@@ashantithevocalist I'm still trying to determine if want to open a home or not. What about you?
Thank you Serg
You’re welcome!
Good job I like when you are positive
Thank you so much for taking the time to make all your videos. I am a new follower and recently stumbled into your page at Café Joy watching what I’ve seen so far. Congratulations on the van life!!
First, thank you for the support! And I’m so happy you’re enjoying the videos! I appreciate it so much! So thank you. 😊
I have been trying to find the building regulations required to get licensed. Could you do a video on what is required in the actual home? That would be dope!
Oh my God you're Mesa I should be in Phoenix oh my God shout out to Maggie's place that's a shelter for pregnant women so yeah that's an assistant living so I'm proud of you dude
Thanks!
Awesome video. Great explanation thanks
You’re welcome! Thank you for the support.
Thanks Serg for this information. I have been in the medical field for at least 32years. I'm very glad you have posted this video. New subby here.
You’re welcome! Thank you for the support. Hope you enjoy the content!
Nice. More videos like this
Will do!
Thanks for sharing 👍
You’re welcome!
Dude, you killed it. Great video.
Appreciate that!
thanks for the information. I am looking into this business but real estates in Vancouver BC is very very expensive.
Come to Arizona!
Thank you Sir !!!
I am ready to take action !!!
You got this!
Thank you !!!
By the way, Have you heard about Mr. Gene Guarino from RAL Academy ?
Congrats on your business. I am in Vegas and working on getting my business up and moving by next year. Good content.
That’s great! Appreciate the support.
Hi Lavon, did you start your business? How is it going?
Question: Did you mentioned it's a lot cheaper to start from ground up? You mean Build the facility from ground up?
Starting from scratch in regards to converting an already existing structure or home.
Thank you sharing these information
My pleasure!
@@serg_lupescu Hello Serg, can u share some videos on the detail financial side of course examples, expense & income, staffing and if you have a manager on the weekends and how do you take time off? I will greatly appreciate it. Thanks 🙏
Hi Serg!
I’m a NP and I’ve been researching ALF for 2 months now. How do you come up with the expected food cost per client? I seen somewhere that the average was 4K a year. I don’t know where to get this data from. Are you still offering mentorship?
Hey! Great question, and thanks for the comment. The way I calculate the food cost is $8-10/resident/day. That will give you an accurate number on what the food cost is going to be on a per month basis. Yes, I do still offer consultation. You can book a 1-on-1 call with me: calendly.com/legionassistedliving/30 or book a full day with me here: calendly.com/legionassistedliving/in-person
Hello, I'm located in Florida. I have a 1700 sq ft. The home wants to take in 2 residents who have been in the meds field for 24 years. How long will it take to get it started.
Hey Kesha! Thanks for the support and commenting on the videos. Are you looking to lease the property to someone who is going to be taking the 2 residents or you will be doing it yourself?
Thank you for this information
You’re welcome!
@@serg_lupescu we are starting a home in Phoenix AZ and a group of us are binge watching your videos to get started ! Thank you so much these are helping a TON we just found you today !
That's so exciting! Thank you so much for all the support and watching the videos. It's greatly appreciated.
Great video
Thank you for the support.
Thank you for your info
My pleasure!
Hey Serge! I stumbled on to your videos and I am very impressed with your accomplishments. I am very interested in embarking on the path of RAL but I'm Canadian. I'm trying to do my research but I'm not sure if my country has an equivalent. Have you heard of RAL cases like yours happening in Canada. If so, could you please tell me what you know? Thanks.
Thank you this was extremely helpful
Great video man. I am getting ready to start mine in a couple of months. There is so much that goes into this. The state is strict with the homes here. This business doesnt even cost as much a some people my think as long as it's done right. I wonder how many staff do you need for a home that size?
Appreciate that and the feedback! That's great to hear. It's all exciting in the beginning just like anything else. They're strict everywhere but you just have just make sure you're in compliance with it all and you'll be fine. I agree, it's not much but people overthink a lot when it comes to getting started. Well, the ratio is 2:10 but you just need one caregiver to a home of 5-7 residents. A real good caregiver can definitely hand 5 residents.
Hi Serg! I leave in Phoenix, and I'm trying to open a group home, but I don't know where to start. How do I reach you? Can you be my mentor?
Thank you for reaching out! You can actually book me as your mentor and spend a day with me, using this link :calendly.com/legionassistedliving/in-person
I’ve been a cna for five years and got my three years of care giving certification I’m now getting my ALM cert I’m super nervous to open a care home but what is one huge advice you could give to get started I live in Tucson Az and it seems like there’s so much to do but I could be wrong
Thank you for the support and commenting!
My biggest advice is to just start, and not overthink the process.
Hi Rose I am a Registered Nurse who owns a successful Assisted Living business in the state of Maryland. Follow me on IG at valerie.bell3367. I will be coming out with a class very soon regarding assisted living business set up that you more than likely can benefit from. Stay Tuned.
thank you .
You are welcome!
thanks , this video was really helpfull
You’re welcome! Thank you for the support.
Hello Serg! Thank you for your videos. I was wondering do outsiders have open access to the home 24/7 or does your staff let them in?
You’re welcome! No, there are normal business hours that you can visit. Under certain circumstances, you may be able to go visit after hours.
This is a nice home
Thank you!
Hi, how did you get the funding to start your business? What is the range of money you need to invest in getting into this? Do you plan to have another house with consumers?
Personal loan. You’ll want anywhere from $50k-200k depending on which route you decide to take and how you get your business started.
Yes, I do plan on opening another home.
I want to start a group home facility any videos on that ?
Beautiful Home!!!
All the glory to God for the home!
@@serg_lupescu You are making me more excited about opening my own!!!
Great video! Can you give me a ballpark of how much for each resident? Also do you get paid by Medicare/Medicaid or does the family pay out of pocket?
Questions I noticed the door knobs are not lever style which I thought was ADA requirement?? Is that not the case? Also the doorways don't look wide enough to accomodate any type of walker or chair, is that also not a requirement?? Where did you research the regulations and requirements to set up the house correctly and what City State are you operating in? Will this work in CA?
Each state and city ordinance will have different requirements and regulations. Therefore, it'll be different in CA and if you watched the video I mention where I am operating in. Hopefully this helps! God bless.
Your solid 👍
Thank you so much for the info. You are very helpful. Blessings to you always🙏🙏🙏🙏
My pleasure! 🙏🏼 God bless you for the support and love!
If you structure a house correctly I assume it’s like a normal assisted living home... you can afford to hire good help. Not great but good. Management being key of course... but 🧐
Hi Serg, does the bedroom and bathroom doors need to be 36 inches wide? I'm just in the process of buying a house and thinking if we need to change the doors. Thanks in advance!
It’s highly recommended that you do 36” doorways. It does make it way easier for the wheelchairs to get in and out.
@@serg_lupescu But regarding the inspection, would they require us to change the doors to 36"? Thanks man!
Do you take care of dementia patients? Do you notice an issue with the bath tub and your residents? We are starting a home and are wondering if we should convert the tub to a walk-in shower (we will be offering care to dementia patients). Any advice - thanks!
Yes I do. I haven't notice any issues with the bathtub and my residents. We do use a shower chair that is made for the bathtub that they can easily transfer from. Having a walk-in shower does make it a lot more convenient for you residents and staff.
Do you have to submit your whole retirement income to an assisted living home??
No, not necessarily. There are couple of different ways you can go about funding your care.
My question is...are you required to have your PCH certification? In order to open up an Assistant Living Facility.
Would you buy rcfe or would you start from scratch.
If you have the means, I would definitely buy over starting from scratch.
@@serg_lupescu thank you.
I heard that you need to get some training done do you know any places to get training done ?
Trying to get information to start an ALF or ILF in southern Florida
Looks nice!
Appreciate the feedback!
Your presentations are very informative! Are you using a manual MAR (medication administration record) or electronic?
I’m currently using Manuel but moving over to electronic.
I’m in fontana california can u tell me how much is certified and schools and thank you for the answers
caassistedliving.org/provider-resources/laws-regulations/staff-training/
Hell, thank you so much for this information. Do you happen to have any I formation for owning a New York state Assisted Living? If so would you mind sharing? I would really appreciate it.
Any zoning issues running a business out of a residential neighborhood? Also, how would it affect this situation if all of the bedrooms were on the 2nd floor? Thanks, I'm interested in doing this in Texas.
None. Just have to make sure that the city clears you on the zoning. You just have to make sure that the neighborhood isn’t a HOA, because that could play a factor down the road.
The question would be, how would you get your residents up there? You want to have the bedrooms on ground floor. Also, having the bedrooms on the second floor could raise increase the risk of higher liability as well.
@@serg_lupescu I understand. We own a 4k sqft home free and clear. 5 beds upstairs 1 master down. Looking into selling it but considered this route if it's possible. Rent minus taxes/repairs not worth keeping it considering we can make more on a small condo with Air BnB.
Serg Lupescu Is
Did you have to put a business plan together before you started?
No I didn’t.
Hi Serg. I would like to start my Nursing Home. I’m an RN and FNP as well. Could you please give me your best advice? I appreciate your help. God bless you
Lourdes, thanks for the comment. You can actually schedule a one on one call with me using this link:calendly.com/legionassistedliving/30
Great info! Do you continue to pay a monthly fee to the placement agencies after they find you a resident, or is it a one time fee per resident they find? What does it cost you per resident?
How hard is it to fill your home with residents?
Thank you!
I appreciate that! You pay a one time fee, which consists of 100% of the first months rent from the resident paid over two months.
It all varies. Depends on how bad you want to fill those beds and also how much demand is in your area.
Thanks
You’re welcome!
How do you deal with sick calls/vacations of staff?
Great question! You always want to have PRN/on-call caregivers on call, and make sure you give your staff opportunities to fill-in to do extra hours.
@@serg_lupescu how many staff do you have and how many on calls?
I wish you went into more detail in this video, like giving examples
There are over 200 videos that go into detail on the channel.
Hi Serg, Hope you find this. Great content! Wife and I are RN's and we are thinking about starting one. How does being an RN differ from being an Aid or someone with no credentials? Thanks!
Thank you! It’s great to hear you and your wife are looking to get into this business. It mainly comes down to families having more trust and confidence knowing you have that experience.
Hey Serg do you have a step-by-step process on setting up your home? Did you have to write a grant to get the money for this home?
Hey Niesha, I do have a step by step process to set up your home I’ll link it down below for you. Also, I have a mentorship program along with the documentation package to operate your home as well. I did not get a grant to start my carehome.
Links:
Legion Assisted Living Academy
legionassistedlivingacademy.com
Does the income u make out of pocket from the resident or do u charge there health insurance (Medicare) for payment? Thanks
It’s private pay only, so the resident pays out of pocket.
How do I start I have 2 houses ? Do I need to go to training or classes ?
Hi Serg. A couple questions.
1. If you were starting over, would you choose this method of investing again?
2. How many employees do you have per house ? Are you doing the hiring, going through an agency, or do you have a manager doing all of the hiring and staff maintenance?
3. Is it possible to manage this from a different state?
Thank!
-clean and sober house owner, investor, wedding venue owner in WA
Briana,
Thank you so much for the questions. Great questions.
1. YES! I would do this method again.
2. You have to have 3 employees per 10 residents and 2 employees for 5-7 residents. I am my own manager, so therefore I do all the staffing and hiring myself.
3. It is possible but it will not be easy.
@@serg_lupescu thanks so much for your prompt reply! Gives me some good things to think about :)
You’re most welcome!
Do you have two beds to a room or one bed. What age do you serve?
I only have two beds in the master bedroom. Due to zoning and department health services your rooms need to be 120 sqft in order to have two beds in them.
would you recommend leasing a home for the first time when starting a living home?
Great question! A lot of it depends on what you are able to afford to do. For most people, it is more affordable to lease the property because they can use the capital they have available to utilize toward their business instead of putting that toward the downpayment of a house.
In that case, how do you have that conversation with the landlord on running an Alf out of their home? And what are some objections you may receive?
Did you have to make modifications to the home that was very pricey?
No, a few hundred dollars is what I spent.
Do you have a tub or walk in shower?
Tub, but I recommend getting a roll in shower installed if you don’t have that already.
Did you establish your first assisted living home under LLC?
Yes I did.
Can you please tell me about the license i need to get to start a assistant living 😊
How do you get clients outside your country? In the same assisted living business.
I have not done that or ever had to take anyone out of my country. I’m not sure I’m understanding the questions correctly.
Serg can you please tell what kind of certifications do I need and what school you recommend to do this home care service and how much is it thank you
Of course. You may want to start out getting your Caregiver certification and working in a care home to get the experience to be able to get your manager's your certificate to be able to learn more regarding how to run a care home. I don't know the state that you're in so therefore it's hard for me to give you any specific schools and how much they're going to charge. Hopefully this helps!
Do you use twin or twin xl beds?
Both
Where did u get the private room stickers?
Can u upload content on becoming an LLC?
Thanks in Advance
Got them from Home Depot. I’ll eventually cover that topic, but my recommendation is to talk to a professional about setting up your LLC.
Thank you fore the info please! Can you give me your contact
Do you live in the home? If not how do you budget your own rent or mortgage?
G H no I don’t. You budget it like anything else you have to put it into your monthly expenses.
Hey man, great content. So is it 50-60 k to get started from scratch or when buying an already running ALF. Also is there a ballpark of net income you make every month after all costs are taken care of? Thanks
Thanks. I appreciate the support! Yeah, to start a 5-6 bed facility depending on where you’re located and if you’re going to be leasing the property, it’ll cost between $50-60k. You’ll net between 20%-30% of gross income every month. Hope this helps!
What are you looking at per bed in a shared room facility in AZ?
@@gauravkhanal6122 $3,000/bed
@@serg_lupescu Hey man I also live in AZ and was planning on renting to start. Do you think its a better idea to buy since you will have more control of the home? It seems like its hard to convince a landlord to allow you to do it also.
@@gauravkhanal6122 send me an email at legionassistedlivingacademy@gmail
Question: how do you get residents? What percentage are through placement agents?
I’ve made a video about this, I’ll link it down below for you to check out.
Tips on getting your FIRST clients | Residential Assisted Living th-cam.com/video/40wvQMXA7es/w-d-xo.html
Yep it's a hard business
Is there a certain amount of money to be had before submitting the application? Ive been hearing you need about 15k in a account or something like that is that true?
That’s only if you’re Oregon and in California that you need to show proof of funds.
@@serg_lupescu im in Wisconsin and they saying we have to show proof of funds. How does that work?
@@BlackSinatra339 oh okay. Yeah, you’ll need to have those funds in your bank account and show them a most recent bank statement with those funds in there.
How much do you charge for private vs shared rooms?
It can really vary a lot from the level of care, services you provide and the location of where your facility is. The average for a private room is $4,500 and the semi private room average is $3,500.
@serglupescu thank you! We just found a 5 bedroom house to have 6 residents in, but if we charge 3500-4500, not sure if we can survive with that d/t the price of homes here in california. 😪
Hey man. I’ll pay you to teach me. I’ll even fly out to meet you. I’m a realtor in atl and the need for this here is crazy. My business owns a 24 bed that is a commercial building. That makes $50k a month but I’m 25 and have like $80k cash I could put into somethings (can get a loan for about $500k - $300k business loan)
Hey! I’m from Atl and definitely agree with you. If your willing to converse with me just to brainstorm I would love that. Thinking about opening up my own assisted living
Hey,incase Yu need an employee,I'm a nurse
Are you Romanian?
1st Generation Romanian/American
How long does it take to go thru the process to open assistant living
It can vary between 3-12 months depending on which route you take when starting.
Do you take Medicaid patients or only private?
Private pay only.
Hi question is there a reason you only do private pay clients ?
I am in the thinking about it process ,having self doubt ,hubby not supportive .Serge you think it's a good idea to hire a consultant
That makes it harder. You having self belief is all you need! But, yes hiring a consultant is actually smart! As long as their a reputable consultant 😊
What software do you recommend to run your assisted living facility?
That’s a great question! I’ll be making video of the software that I use to run my assisted living. Make sure to stay tuned for that video when it comes out!
Serg Lupescu when do you plan on making that video. I currently have a assisted living residence + club house (where people can come for the day, like a day care but for seniors) have you ever tried that combo?
Here in the upcoming weeks. No, I haven’t tried that combo out. Is it working out for you?
Looks like a foster care home.
Who’s unliking these videos smh
Are you able to share or refer me to the insurance of liability you have? Also, how or has the covid 19 situation affected your assisted living? Do you feel like moving forward, families will prefer smaller settings vs larger facilities?
Yeah, EPG insurance who I currently use.
It personally hasn’t affected me much. I’m still getting calls for vacancies. I believe families want a smaller facility because there’s a lower chance their loved one will contract COVID-19
I’m here for hire
Email me at legionassistedlivingacademy@gmail.com