Episode 79: Gene and RAL

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By Cory Boatright | Wealth Building Real Estate Investing Coach and Mentor - Helping You Gain Freedom a and Cory Boatright. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Welcome back to the show, my party people! It’s been a while since the last episode, so I thought we’d dive right back in with a really hot topic: Residential assisted living.

My guest, Gene Guarino, an expert in the field, is going to explain to us how we can turn a residential home into an assisted living facility. It’s a fascinating conversation and what he has to say will blow your mind.

Tune in to hear how many ways you can skin this cat!

Minute Markers

  • [03:45] Gene introduces himself and describes his ideal client.
  • [04:55] His foray into the world of assisted living facilities.
  • [06:48] Gene’s prior career running a music school.
  • [08:51] Why cash flow is better than equity value.
  • [10:05] Gene’s big challenges getting into the assisted living business.
  • [15:04] Your best asset as a businessperson.
  • [16:01] The two parts to what Gene does.
  • [17:15] Shooting for 20-30% profit.
  • [19:41] Clarifying the terms of this business.
  • [22:46] Gene’s favorite motivational quote.
  • [23:07] Gene’s book recommendation.
  • [24:15] Gene’s favorite app. Tunity
  • [26:28] Why he chooses to work in the assisted living field.
  • [27:12] What makes him feel grateful.
Links and Resources

RAL 101

Cory’s Coaching

Unlimited Selling Power

Tunity

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82 episodes