He Buys Assisted Living and Behavioral Health Properties to Maximize Cashflow Potential | Serg Lupescu E32

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 21 March 2023

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s episode, Rich sits down with Serg Lupescu, who specializes in investing in assisted living facilities and behavioral health properties in Arizona. They discuss how he got his start in this niche market — from majoring in nursing and deciding it wasn’t for him, then moving to Arizona to open his own facility. They dive into the operations of these properties, the challenges faced throughout the pandemic, criteria that he looks for when searching for properties to convert, and the le...

Transcript

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0:00.0	this is where it's at this is how you truly grow generational wealth because yeah can you go make
0:07.6	a few hundred thousand or whatever a million through maybe crypto but just like anybody else
0:12.2	who wins the lottery what are you going to do with that afterwards
0:16.3	just because you got how this lucky streak or you may have put a few thousand dollars into something in it
0:21.2	multiplied okay what's your plan after that?
0:24.4	And most people don't have a plan after that, you know, they're working and
0:28.6	they're just hoping, right? They're hoping and that's not investing either.
0:34.0	Welcome to the Rich Drummers report where we talk real estate, business, and wealth
0:38.0	building all while keeping it real. No fluff, no BS. I hope that you enjoy the show.
0:45.0	All right guys, welcome to another episode of the reports.
0:51.0	Today we got a special guest who flew in from Arizona and this man
0:55.1	specializes in investing in assisted living facilities. Today I got none other
1:00.2	than Serge Lupezkyu., welcome to the show, my man.
1:03.4	What's going on, brother?
1:04.3	I appreciate you having me on.
1:05.9	Thank you so much.
1:07.1	You excited for this and excited for everybody
1:08.9	to hear what we got going on.
1:10.2	Man, I'm excited for this conversation today. I've been learning a little bit about you on YouTube and I know a little bit about your story but for the listeners out there that aren't familiar tell us a little bit about what you were doing before real estate and what you're doing today man.
1:22.0	Yeah, great question.
1:23.2	So I actually was, I went and majored in nursing
1:26.6	and graduated nursing school in 2017.
	...

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