Advice and Answers from the RALAcademy Team
Financing/Loan Process
- Do we have to be ADA compliant to get our license?
- How much should an architect cost?
- Can you accept a mix payment sources?
- Can you get an SBA loan if you’re classified as a non-profit?
- Can you mix populations between memory care and non-memory care? Architecture & Design
- Do we have to be ADA compliant to get our license?
- How much should an architect cost?
- How high should my countertops be?
- What if the HOA is pushing back on me for design elements of the house?
- What type of doors for wheelchair accessibility?
- What type of locks do I need on the doors?
- What’s the best way to approach an HOA about my remodel?
- Can you mix populations between memory care and non-memory care?
- Do this before your calls
- Evaluating residents ability to pay
- How to raise capital in 4 steps
- Information on cost segregation?
- RAL Licensing Chart Tutorial- How to track various steps in your licensing process
- Role playing & otter calls in preparation
- Should I partner with or just ask a friend to invest?
- The three keys for success.
- How to evaluate an Assisted Living for sale
- How to look for RAL homes for sale
- How to research your competition & find off market deals
- How to research your market for RAL
- Quick tips on how to evaluate a home for Assisted Living
- Ten steps to start fast
- Should you consult with legal counsel, before or after meeting with the city?
- What if the HOA is pushing back on me for design elements of the house?
- What’s the best way to approach an HOA about my remodel?
- Where can I find the latest legal and zoning information?
- Marketing offline helps build personal relationships
- The necessity of online marketing in today’s industry
- Can you mix populations between memory care and non-memory care?
- Offering benefits to your caregivers
- How to find great staff
- How to handle holidays with staff
- Are medical reimbursements taxable?
- Top things to look for when hiring
- What if my manager needs training on how to manage?
- Can you accept a mix payment sources?
- Can you get an SBA loan if you’re classified as a non-profit?
- How much should I spend to furnish the home?
- Does the Financial Suite support a Non-Profit model?
- How can I increase the residents rent when I buy an existing business?
- How to research your competition & find off market deals
- How to work with banks (RAL Bank Financing)
- Insights from inside a care home with Dana Robinson, RN
- Do investors have access to your books?
- Memory care, dementia, and helping seniors with Dana Robinson, RN
- How do you make sure a resident will be able to afford the cost?
- Is $1 per resident per day still a good rule of thumb for insurance?
- Should I go through a loan agent or just directly to the bank?
- Should I partner with or just ask a friend to invest?
- Should I start with small resident numbers or go big to start?
- What are the most important metrics for RAL?
- What fee should I expect for someone helping me find homes to purchase?
- What is cost segregation?
- What should I charge my business for rent on my property?
- What should I pay myself to use a home I own as an RAL?
- What would the benefit of being labeled as a non-profit be?
- Who should I use to draw up a partnership/investor agreement?
- How to work with private investors (RAL Finance & Investment Strategy)