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Updated about 6 years ago on . Most recent reply
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New Raleigh-Durham BP Member
New BP member and new to Real Estate investing in the Raleigh-Durham area. Looking forward to connecting with fellow investors and continued learning in Real Estate investing. Primary focus is on Residential Assisted Living and/or senior housing.
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@Karen Margrave You can check out the link below that gives a breakdown of costs at the City level. We are using this as a data point for estimating rates we plan on charging at our future facility. We plan on having both private and shared rooms.
https://www.genworth.com/aging-and-you/finances/co...
Independent living is definitely an option as well but we're trying to stay focused on one path as we start our REI journey.