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Updated over 1 year ago on . Most recent reply

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7
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Jesi Naomi
1
Votes |
7
Posts

Residential assisted living investor friendly agent in New Albany Indiana

Jesi Naomi
Posted

Hi BP, I’m new investor from California, I cannot afford to break into buying a house in CA at the moment- meantime- my mother in law and I are opening RAL Assisted Living Facility in a multi- family single story in New Albany area of Indiana.  (where mom lives)

***Evansville was the closest city on forum***not looking there:)

Focused Markets in :New Albany, Clarksville, Jeffersonville and Charlestown

We just opened our LLC , A Caring Companions Place LLC in IN, we have 2 clients whom mom is care taker to now, setting up for full staff and licensing now- And looking for someone with experience in this field of RAL - and whom knows the market of southern Indiana-

We are searching to lease to own -we think this may have to be the strategy to start with ( but if the #s add up - my goal is to invest right out the gates) 

Our 2 year plan is to purchase a property with 4-5 beds 3 bath large kitchen and dining area for licensing and room for garden space…we’re  starting small while  looking for a lease to own property to build our businesses credit.

We’re trying to stay away from Kentucky because their Medicaid for elders is not as accessible- we will aim for private pay and be flexible for those in need with Medicaid …

There is a great demand for the elders needing care and the revenue will help us build income for finally owning a home of our own. otherwise we my (husband and I ) depend on our nation wide art shows, selling hand blown glass sculptures-luxury sales need a sustainable sister business for longevity.

Note** want to inquire about LLC buying the property vs personal DTI - I'm working on moving personal debt to our business as it should have been set up…*** questions for lender


We have been zoning and working with SBA for start up grants and inquiring an investing partner- we could use someone who knows the market of
New Albany, Clarksville, Jeffersonville and Charlestown Also- 


gratitude ~ Jesi 

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