Hello Serg, I just got a 3-bedroom 2 bath home in Florida. I got my ALF administrator license two months ago. I've work in hospital and Skill nursing facilities for 30years. I will start with 2 residents (which I can be unlicensed in Florida with that amount) until I get licensed by AHCA. How much cash do I need to show in the bank for AHCA requirements to show I can run my RALF for 6 beds? I watched all your videos, and you motivated me to open a ALF! Thank you- Jose
Hi Serg, I'm in the process of trying to start up my RAL right now in California SF, I do want to ask you couple question. thank you so much for your video,
Looks like the area your in does not require a sprinkler system in the home. Florida does require a sprinkler system whitish roughly $20k. What are your thoughts on spending 20k in a rental to bring the home up to code?
It all depends on how many beds you are trying to license for here in AZ and also what the specific city zoning requires. The tenant shouldn’t be putting in the sprinkler, that should be on the landlord to do for you.
@@serg_lupescu thanks man. I'm a aid and have never been a fan of nursing homes, our fam don't believe in them. I've gotten the passion to open one and do things how I want. Been watching videos of yours back to back
Why so expensive is there a break down on cost for that some place as you explained here ..excellent job ..you should have been a professor I just love how you break things down ..I took your academy class when you first opened learned alot thanks
What’s up serg I followed you on LinkedIn and have saved your info in my notes for the future my wife is graduating in May with her health care administrator degree from unlv. I plan on showing her all your stuff in the future when we get there. My question is with your leases do you buy anywhere like Las Vegas and lease to buy? Just asking if you only buy in your area or if you buy in other states and still do the lease buy back option.
It's not always necessary to use a placement agent. A placement agent is someone who helps families to place their loved ones in assisted living homes.
Which company is the best to have your SOP/Policies written?
Thank you for all these valuable videos.
You’re welcome!
Did you have show that you could afford 3x the rent to qualify for the lease? Or just first/last?
3 months worth of reserves is what is typically required.
Hello Serg, I just got a 3-bedroom 2 bath home in Florida. I got my ALF administrator license two months ago. I've work in hospital and Skill nursing facilities for 30years. I will start with 2 residents (which I can be unlicensed in Florida with that amount) until I get licensed by AHCA. How much cash do I need to show in the bank for AHCA requirements to show I can run my RALF for 6 beds? I watched all your videos, and you motivated me to open a ALF! Thank you- Jose
What part of Florida Jose?
Great Video, lots of super information…maybe i need to start off by being a Placement Referral Agent ‼️❤️
That’s definitely something worth looking into! 👍🏼
Hi Serg, I'm in the process of trying to start up my RAL right now in California SF, I do want to ask you couple question. thank you so much for your video,
Feel free to schedule a call with the mentorship link in the description of this video.
Can you live in the Home while waiting for the Zoning and licensing?
You can live there while waiting for zoning but you can't be living there when you're getting licensing.
@@serg_lupescu Thanks!
@@SMART_Accounting you’re welcome!
Hey Serg, awesome vids. So Arizona doesn't require fire suppression system in the home when going through the licensesure process??
It may vary per city zoning. Some require it for a 5 bed facility, others don’t.
That was the highest expence for us here in the Denver area. We want to start looking in to expanding out of state next.
@@josemorgan88 Well, let me know when you want to and maybe we can do something together.
Looks like the area your in does not require a sprinkler system in the home. Florida does require a sprinkler system whitish roughly $20k. What are your thoughts on spending 20k in a rental to bring the home up to code?
It all depends on how many beds you are trying to license for here in AZ and also what the specific city zoning requires. The tenant shouldn’t be putting in the sprinkler, that should be on the landlord to do for you.
What does kansas version get called? I know you call it a assisted living but I'm unable to locate what it would be called in Kansas 😳
Other states may call it group homes, residential care homes, and residential assisted living facilities.
@@serg_lupescu thanks man. I'm a aid and have never been a fan of nursing homes, our fam don't believe in them. I've gotten the passion to open one and do things how I want. Been watching videos of yours back to back
Hello ...Serg ..is this what a behavioral health care would look like as well ?
Behaviroal may cost between $70k-100k
Why so expensive is there a break down on cost for that some place as you explained here ..excellent job ..you should have been a professor I just love how you break things down ..I took your academy class when you first opened learned alot thanks
What’s up serg I followed you on LinkedIn and have saved your info in my notes for the future my wife is graduating in May with her health care administrator degree from unlv. I plan on showing her all your stuff in the future when we get there. My question is with your leases do you buy anywhere like Las Vegas and lease to buy? Just asking if you only buy in your area or if you buy in other states and still do the lease buy back option.
Great question Jaden. Yes, we do offer the lease option in other states and we do purchase real estate in other states.
How do I go about a consultation
You can schedule a call in the description of this video
Hey Serg how much will cost for existing business
For a 5-10 licensed bed facility, just the business portion could cost between $85k-200k.
@@serg_lupescu how long it will take to make your money back if you put the 85k or 100k
@@nickjones654 In most cases, you can make that back within a year and half to 2 years.
Hey Serg! Nice video. Questions, how much are you paying the helpers? Do they live in the property?
Thank you for the support. You are looking to be paying your staff 40% of your gross income per month.
Do you offer private consulting?
Yea I do.
@@serg_lupescu I will need your help on opening RAL in Texas.
Do you have to use a referral agent?! What exactly does the referral agent do for you? My community is underserved here in Vegas.
It's not always necessary to use a placement agent. A placement agent is someone who helps families to place their loved ones in assisted living homes.
Nice camera
Thanks Evergrow Randy! :)
Tell us how to get referrals ?