- English
- ePUB (mobile friendly)
- Available on iOS & Android
About This Book
Today there are 77 million Baby Boomers living in the U.S., meaning, 10, 000 people will be turning 65 years old every day. Currently, most Boomers aren't in assisted living … yet. However, they will be moving into senior housing in droves over the next couple of decades. Add to this the increasing numbers of Boomer's parents already making this transition.
With limited resources available at this time, planning for assisted living can be overwhelming for those who are making difficult choices for their loved ones (or themselves). These choices have only been complicated and made more urgent by the Covid 19 pandemic.
Contrary to popular belief, retirement homes are not the only option for our population's aging members anymore. Adult Family Homes designed to allow senior citizens to live mostly independently with access to a variety of amenities, provide an alternative for individuals or couples who can no longer safely live on their own but don't want to relegate themselves to assisted living facilities.
Investment in this innovative category of senior living is a relatively new opportunity that many are not aware of. This book will give you the tools to decide if this could be a right fit for you and your family.
You will learn: What is happening in the senior care industry today, and what the options are How smaller senior care homes are becoming ever-popular in the wave of COVID19 How to invest in a senior care home How to convert your home or property into a senior care home How to protect the wealth of your family and honor Mom and Dad
Designed as a practical guide through the complex world of senior living, here is the advice and guidance to help you make decisions that honor the elderly, protect family resources, and provide an investment opportunity in today's fast growing segment of the real estate market.
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Table of contents
- Cover
- Title Page
- Copyright Page
- Contents
- Foreword
- Introduction
- 1 - Getting the Lay of the Land
- 2 - Designing Your Map Through the Senior Care Territory
- 3 - AFH Investor Scenarios
- 4 - Do I Have What It Takes?
- 5 - Is My Property Right For an AFH?
- 6 - Operating a Senior Living Facility
- 7 - Conclusion
- Glossary
- About the Authors
- Endnotes