{"id":178,"date":"2021-03-06T20:27:00","date_gmt":"2021-03-06T20:27:00","guid":{"rendered":"https:\/\/new.assistedlivingnetwork.com\/?p=178"},"modified":"2021-04-02T20:45:55","modified_gmt":"2021-04-02T20:45:55","slug":"22-the-daily-life-of-a-residential-assisted-living-owner","status":"publish","type":"post","link":"https:\/\/assistedlivingnetwork.com\/22-the-daily-life-of-a-residential-assisted-living-owner\/","title":{"rendered":"The Daily Life of a Residential Assisted Living Owner"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"The Daily Life of a Residential Assisted Living Owner - by Gene Guarino\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/yifhKCfRz7I?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>What is day to day life like owning an Assisted Living Home?<\/strong>\u00a0<\/p>\n\n\n\n<p>Well, number one, no day is the same. The reality is what you\u2019re looking for is the manager to take care of business, find the residents, take care of the family, hire the caregivers. The day to day life that you have in your assisted living business is going to depend on how you want to operate. Let me explain to you how I do it because I\u2019m very hands-off in the way I operate. What I do is I find the manager, they are the ones that find, hires, trains and retains the caregivers. the managers are responsible for making phone calls, to bring in people who need the assisted living, do tours, bring them into the home, do the assessment of the residents day to day, and filling in the agreements.\u00a0<\/p>\n\n\n\n<p><strong>Do I need to do everything?<\/strong>\u00a0<\/p>\n\n\n\n<p>All of that is done by the manager. Some days are more stressful than others, I like my days to go where things are running smoothly and your manager isn\u2019t saying here\u2019s problem ABC, but here are our blessings for today. Here\u2019s who we\u2019re helping today. And when those residents come in and drop off a check for five, $6,000 a month and 10 of them get dropped off on the same day, that\u2019s a wonderful day. So the day to day life will depend on how you want to own and operate this home. We have students all over the country who were doing it hands off, but we have others that are more hands on. They\u2019re in the business on a day to day basis or more hands-on and communication with the manager. I like to find good people who have great expertise, who want to take charge of their situation. My manager is a great example of that where they take charge and they run the operation. They\u2019re handling things on a day to day basis, making sure it\u2019s running smoothly. Some days are more stressful than others, but realistically the goal that we have at the RAL Academy, through the AL Network is to have more than one home. One home It\u2019s like one kid, one kid hard, two kids easier. By the time you have three, it\u2019s a system of the pattern. We call that a three pack.\u00a0<\/p>\n\n\n\n<p><strong>How much time can I realistically expect to spend doing this?<\/strong>\u00a0<\/p>\n\n\n\n<p>The goal is to spend five, maybe 10 hours a week total tops. I don\u2019t go see the homes every day, maybe once a month. I\u2019m not there even talking to the manager every day, but I can skype, I can text, I can email and communicate as needed when needed. That includes everything that I do. That\u2019s what the day to day looks like.\u00a0<\/p>\n\n\n\n<p><strong>You can do this anywhere!<\/strong>\u00a0<\/p>\n\n\n\n<p>You can do this any way that works for you. I suggest doing it more hands-off, but that\u2019s totally up to you as what you want to do. And remember, day to day varies from day to day.\u00a0<\/p>\n\n\n\n<p><strong>Be sure to subscribe to our iTunes podcast to listen on the go!<a href=\"https:\/\/itunes.apple.com\/us\/podcast\/assisted-living-networks-podcast\/id1360517721?mt=2\">[CLICK HERE]<\/a><\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/new.assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22A.jpg\" alt=\"\" class=\"wp-image-181\" srcset=\"https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22A.jpg 1000w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22A-300x300.jpg 300w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22A-150x150.jpg 150w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22A-768x768.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/new.assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22B.jpg\" alt=\"\" class=\"wp-image-182\" srcset=\"https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22B.jpg 1000w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22B-300x300.jpg 300w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22B-150x150.jpg 150w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22B-768x768.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1000\" height=\"1000\" src=\"https:\/\/new.assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22C.jpg\" alt=\"\" class=\"wp-image-183\" srcset=\"https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22C.jpg 1000w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22C-300x300.jpg 300w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22C-150x150.jpg 150w, https:\/\/assistedlivingnetwork.com\/wp-content\/uploads\/2021\/04\/22C-768x768.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is day to day life like owning an Assisted Living Home?\u00a0 Well, number one, no day is the same. The reality is what you\u2019re looking for is the manager to take care of business, find the residents, take care of the family, hire the caregivers. The day to day life that you have in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Daily Life of a Residential Assisted Living Owner - Assisted Living Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/assistedlivingnetwork.com\/22-the-daily-life-of-a-residential-assisted-living-owner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Daily Life of a Residential Assisted Living Owner - Assisted Living Network\" \/>\n<meta property=\"og:description\" content=\"What is day to day life like owning an Assisted Living Home?\u00a0 Well, number one, no day is the same. 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