A Fast Growing Real Estate Podcast!
Nov. 7, 2022

236: Higher-End Assisted Living Facilities Cost An Average Of $4,000/Month Per Resident

236: Higher-End Assisted Living Facilities Cost An Average Of $4,000/Month Per Resident

After owning three Assisted Living homes in Phoenix, entrepreneur Gene Guarino created the Residential Assisted Living Academy in 2013 to train others to prosper like he had from the mega-trend of senior Assisted Living. The Residential Assisted Living Academy has since trained thousands of individuals to either start their own facility or acquire existing facilities in towns across the U.S. Last year, Gene unfortunately passed away, and his daughter Isabelle, who started The Residential Assisted Living Academy with him, officially took over the business. Isabelle Guarino Smith is now leading the company and further building upon Genes’ legacy by helping small entrepreneurs get into this growing business. The training from The Residential Assisted Living Academy prepares students to run higher-end facilities that cost an average of $6,000/month per resident and ultimately run as many as three or more facilities.