Recently my wife and I have been really interested in the income capabilities of Residential Assisted Living facilities and are really considering trying to find/acquire one in Florida, with intent on relocating to West Central Florida.

Hello everyone first time posting or even writing, I have a 4 unit storage facility that is 625,000 and I’m looking at a partnership of 70k each.

After driving to several self storage facilities throughout New Haven and Waterbury Connecticut I saw mom and pop facilities renting storage containers to the public..  

With rents rising and the "silver psunami" approaching, has anyone heard of renting out rooms to 55+ to individuals living on a fixed income, don't yet need assisted living, but can't afford those pricey independent living facilities? 

Towns make it increasing difficult to secure zoning to build a  new facility in most places.

With single digit temps & the ONLY HVAC guys I would EVER use booked a week out, I had to do it myself.I replace the $120 hydronic solenoid head while the boiler was running & then had to find a replacement for a cooked $60 Class 2 24v transformer that's apparently only available on-line or at an obscure HVAC store several miles away. 

Sometimes with these levels of rental properties you'll get applicants who state their income is from doing yard work or day labor work or as cooks or wait staff. 

Hey Roy,If it were me and I wanted to have both consistent cash flow (that beats what most investors get with rentals), and growth, and a timeline of about 5 years, I'd invest in a syndication.I work at a real estate investment advisory in Denver and we specialize in helping clients invest either in DSTs (1031-exchangeable syndications), or alts (cash syndications).Our offerings are underwritten by our managing broker-dealer and are only open to accredited investors, but here's an example of one:Cantor Fitzgerald may have a self storage facility in Vegas, let's say.

Hello, I'm looking to develop 7 acres that I have (Free and Clear) into a self storage facility (Mainly Parking, not much Real Property).

@Kenneth Cook People start LLCs and often move their properties into land trusts because if something were to happen at a rental property that you owned and you were sued and the property was not in a separate legal entity, your personal assets are at risk.