Assisted Living Investing

← Assisted Living Investing8 Aug · 21 min

Looking for Land? 3 Things That Can Kill Your Deal | EP 158

Looking for Land? 3 Things That Can Kill Your Deal | EP 1588 Aug21 min

<p>Choosing the right land is critical for assisted living investing. Learn how location and size impact your investment success.Selecting the correct plot of land determines the long-term viability of your commercial property project. In this session, I explain the specific factors you must evaluate before purchasing any land for your facility. If you are serious about real estate investment in the senior care sector, understanding how to analyze raw land is your first step toward a profitable build.I break down why location is the primary driver of occupancy and how property size dictates your facility's capacity. By applying these standards to your site selection criteria, you can avoid costly mistakes during the acquisition phase of your assisted living investing journey. Proper planning now prevents operational limitations later.Subscribe for weekly real estate investment breakdowns, and comment below with your biggest questions about site selection.👇 Ready to learn how to build your first Assisted Living Mansion?Book a strategy call with our team to learn how our proven blueprint can help you launch and scale your assisted living business.Book your call here:httpsbit.lyassistedlivinginvestingspotify</p><p>⏱️ Timestamps00:00 – Welcome to Assisted Living Investing00:03 – Why finding the right land matters00:39 – How Brett's team evaluates hundreds of properties01:09 – Why the wrong land can affect your business for years01:57 – What an Assisted Living Mansion requires02:49 – How much land do you need?04:37 – Land requirements for multiple mansions05:17 – A 7.6-acre, 4-mansion example06:08 – Why the shape of the land matters06:49 – The 200' × 200' rule of thumb07:33 – Parking and creating a luxury residential feel08:55 – How to actually search for land09:07 – Talk to planning and zoning first09:54 – Searching Zillow, LoopNet &amp; Crexi10:39 – How to set up your land searches11:50 – Why you should search for mobile homes13:08 – Looking at single-family properties14:51 – The 3 biggest land-search mistakes14:54 – Mistake #1: Starting too small15:46 – Mistake #2: Choosing the wrong-shaped property16:30 – Mistake #3: Ignoring utilities16:56 – The million-dollar utility problem17:52 – The land-search process from start to finish18:53 – Turning a property into a due diligence exercise19:34 – Why you need to practice before finding "the one"19:47 – Want help finding the right land?20:00 – See you on the next episodeReady to find your assisted living opportunity?If you're looking to build an assisted living or memory care facility and want help evaluating your market, land, financing, construction, and overall strategy, connect with the Assisted Living Mansion team.Don't make a multi-million-dollar land decision based on excitement. Make it based on due diligence.</p>