Assisted Living Investing

← Assisted Living Investing15. Aug. · 20 Min.

How I Buy Land at 25% of the Price (Zoning Explained) EP 161

How I Buy Land at 25% of the Price (Zoning Explained) EP 16115. Aug.20 Min.

<p>The biggest mistake in Real Estate Assisted Living may happen BEFORE you ever buy the land.The zoning.In this episode, Brett breaks down how the right zoning can dramatically change the profitability and scalability of an assisted living investment—and why buying the wrong piece of land can leave you stuck with limited bed counts, unnecessary expenses, and months of wasted time.Brett shares the exact process he uses when evaluating land for Real Estate Assisted Living, including how he approaches planning and zoning departments, what questions he asks, how he evaluates alternative zoning options, and how he uses GIS mapping systems to quickly screen potential properties.You'll learn why he shifted away from residential zoning, how commercial zoning can open the door to larger assisted living developments, and how one successful zoning decision can potentially create the foundation for an entire assisted living community.In this episode, you'll learn:• Residential vs. commercial zoning for assisted living• Why bed-count limitations can dramatically affect profitability• How to approach your city's Planning &amp; Zoning department• The questions Brett asks before committing to a property• How to identify alternative zoning options• Special-use permits and zoning changes• How long zoning approval can take—and why timelines matter• Why you should avoid accepting a "maybe" from the city• How GIS maps can help you evaluate land quickly• How to find land with the right zoning and utilities• How one property can potentially become a larger assisted living development⏱️ Timestamps00:00 – Why zoning could make or break your assisted living deal01:00 – Residential vs. commercial zoning02:00 – Why Brett stopped looking at residential zoning03:00 – Thinking bigger with assisted living development04:00 – The 16-bed model and scaling your investment05:00 – Step 1: Talk to Planning &amp; Zoning06:00 – Step 2: Tell the city exactly what you're building07:00 – Step 3: Find out what zoning "box" you fit into08:00 – Finding alternative zoning opportunities09:00 – Understanding zoning timelines and red flags10:00 – Why you should research multiple cities11:00 – Using GIS maps to find the right land12:00 – Common zoning mistakes investors make13:00 – Why you need a hard YES or NO14:00 – Think bigger with your assisted living investment15:00 – Book a call with the team📞 Want Help Evaluating an Assisted Living Opportunity?Have a piece of land you're considering for Real Estate Assisted Living?Book a call with our team. We look at assisted living opportunities and land across the country and can help you think through the initial questions before you move forward.👉 Book a call:httpsbit.lyassistedlivinginvestingspotify</p><p>Subscribe to the channel for more content on assisted living investing, real estate investing, development, zoning, and building long-term wealth through assisted living.</p>