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Updated over 2 years ago, 08/07/2022
Assisted Housing for the Disabled
Hello Fellow BP'ers
I'm looking to purchase either mutli-family units or a SFR to convert to assisted living facilities for the disabled or pregnant mothers to be that need a temporary home. I understand there are various rules/regulations to begin with. Who, may I ask knows where I can obtain this type of information (HUD?) and is there anyone out there currently working this niche that may offer more insight? Thnxs all!
Hi William,
I work in private pay senior living which includes independent living, assisted living and memory care in Texas and Utah. I have ran four communities myself (in Texas) and learned a lot. I do know California has the most stringent regulations. Here's a couple of links to get you started if your focus is the elderly.
https://caassistedliving.org/p...
https://www.cdss.ca.gov/infore...
Oftentimes, people get skilled nursing confused with senior living including the state auditors/surveyors. Knowing the difference is key as an owner/operator to better guide your business decisions. Senior living also falls under "long term care" but most of these buildings are private pay. The business itself is very complex - think apartment building with a restaurant, activities, 24/7 care staff, maintenance and housekeeping. I typical 80-unit building can have up to 50 team members under 7 departments. Margins during covid were slim due to labor/staffing issues and inflation.
As far as housing for pregnant women, I am not educated on that topic.
Let me know if you have any questions.
Shilpa
very informative thnxs shirpa. i will look into these links.
Quote from @William Hernandez:
Hello Fellow BP'ers
I'm looking to purchase either mutli-family units or a SFR to convert to assisted living facilities for the disabled or pregnant mothers to be that need a temporary home. I understand there are various rules/regulations to begin with. Who, may I ask knows where I can obtain this type of information (HUD?) and is there anyone out there currently working this niche that may offer more insight? Thnxs all!
Quote from @Mike Reynolds:
Quote from @William Hernandez:
Hello Fellow BP'ers
I'm looking to purchase either mutli-family units or a SFR to convert to assisted living facilities for the disabled or pregnant mothers to be that need a temporary home. I understand there are various rules/regulations to begin with. Who, may I ask knows where I can obtain this type of information (HUD?) and is there anyone out there currently working this niche that may offer more insight? Thnxs all!
nice. What type of modifications did you have to make to the home? Rules/regulations?
Quote from @William Hernandez:
Quote from @Mike Reynolds:
Quote from @William Hernandez:
Hello Fellow BP'ers
I'm looking to purchase either mutli-family units or a SFR to convert to assisted living facilities for the disabled or pregnant mothers to be that need a temporary home. I understand there are various rules/regulations to begin with. Who, may I ask knows where I can obtain this type of information (HUD?) and is there anyone out there currently working this niche that may offer more insight? Thnxs all!
nice. What type of modifications did you have to make to the home? Rules/regulations?
That was the best part. They made the modifications. But that they did was convert them to ADA code.