General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Residential Assisted Living(RAL) in Texas-rehab or buy facility?
Hello all,
I am in a situation where I have a duplex(both units 3/2 w/1-car garage at 400 sqft. each) in Round Rock,TX. I have been interested in RAL and its benefits as an investor but also as someone that has family members affected by terrible care. I've done the research on this via RAL academy info(free/basic info; i am attending a conference eventually prior to setting up facility), podcasts, webinars, data from genworth and other neighboring facility. My questions are:
-Anyone recently attended the RAL academy courses at all? experiences?
-Advice/thoughts on converting property vs. buying an existing larger home and work on the compliance?
-Any operators can speak to their experiences in Texas? nationally?