4.8 • 2.1K Ratings
🗓️ 13 May 2025
⏱️ 12 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Where can you get cash flow? |
0:01.7 | Well, this is the question that people are asking, and it's creating new innovation. |
0:05.2 | And so you're hearing a lot of different strategies, and I've had different people on my podcast, |
0:10.9 | talk about these strategies with varying degrees of success. |
0:15.0 | You know, I've had people talk about assisted living, which is, you know, when you rent by |
0:20.0 | the room and you put beds in the rooms and, |
0:22.1 | you know, you could charge like $5,000 a bed, $7,000 a bed, you could see how lucrative |
0:28.6 | that could be if like, you know, you got eight beds in a house, you could be making 40, 50K |
0:34.4 | a month in assisted living. Now, the problem is, it's, it's a legitimate business at that point. Like, |
0:40.4 | the real estate's just kind of like the side project in that deal. The business operation, |
0:47.6 | the license, the staff, getting people to rent those beds. That's, like, actually what's |
0:52.7 | happening now. I wouldn't even call assisted living |
0:55.1 | like real estate investing. Real estate's attached, but it's really running the business. It's kind of like, |
1:02.8 | I would say it reminds me of McDonald's in that way, right? People know that McDonald's owns like |
1:08.1 | the most real estate in the world. And real estate is clearly what |
1:11.4 | makes McDonald's valuable because they own so much real estate. But the business is the only |
1:16.2 | reason they can have the real estate. If the business fails, McDonald's has no real estate, |
1:21.5 | right? If they can't create systems and sell franchises and keep innovating and making burgers |
1:26.4 | and marketing and being the brand |
1:28.2 | that McDonald's is today, there is no real estate. And so that's the same thing with assisted |
1:33.2 | living. It's like, the business comes first. The real estate's really secondary to it all, |
1:37.6 | even though that's maybe where all the money's going to get made eventually. So it's like one thing |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ryan Pineda, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ryan Pineda and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.