cover of episode Nightmare Deals | Assisted Living Facility From Hell - Episode 20

Nightmare Deals | Assisted Living Facility From Hell - Episode 20

2024/11/19
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Keith Filarsky
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Keith Filarsky:我购买了两处辅助生活设施,本以为是稳赚的被动收入,但由于运营商的不诚实和执照问题,导致设施空置,资金链断裂,面临巨额亏损。我不得不亲自参与运营,处理各种问题,包括招聘员工、处理合同、与监管部门沟通等,这与我最初预期的被动投资完全不同。整个过程中,我承受了巨大的经济压力和精神压力,甚至需要借助药物才能入睡。我从中学到,投资前应有充足的现金储备,减少杠杆,并对潜在的风险有充分的了解。 David Greene:Keith的经历揭示了辅助生活设施投资中潜在的风险,特别是高杠杆和不诚实的运营商可能带来的巨大损失。投资者应该对这种投资方式有充分的了解,并做好应对各种风险的准备。

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Chapters
Keith discusses how he initially heard about assisted living facilities and the factors that motivated him to invest in them, despite not having prior experience.
  • Keith first heard about assisted living facilities from Robert Helms and BiggerPockets.
  • He was motivated by the attractive numbers and the idea of passive income.
  • The properties were advertised as triple net, requiring minimal involvement from him.

Shownotes Transcript

Another nightmare deal you have to hear about! What was supposed to be “passive income” through a triple net assisted living facility turned into anything but as Keith Filarsky bought two properties with seller financing and attempted to lease them out to businesses providing health care to the residents. Things quickly turned south when his tenant lost their license, stole money, and disappeared into the night-leaving keith with expensive vacancy and no way to find a new tenant quickly enough to provide health care for the residents. What was supposed to be a turnkey deal has turned into a six figure bleeding mess of a nightmare as one year later Keith is still trying to get himself licensed and new staff in place to run these properties he bought and can’t get rented. If you’ve ever heard about alternative investing strategies like assisted living facilities and want to know what happens when you turn the rock over, you won’t want to miss today’s show. Follow David: @DavidGreene DavidGreene24.com RealTalkRealEstate.com Podcast-The David Greene Show Spotify, Apple Podcasts Book a session with David: [email protected] Ask a Question: DavidGreene24.com/ask Find me on the “minnect” app Real Estate University: SpartanLeague.com Join my Free Newsletter: Davidgreene24.com/textletter Finance Your Real Estate TheOneBrokerage.com Intake@TheOneBrokerage @theonebrokerage Free Textletter DavidGreene24.com/join STR Management [email protected] Investor Retreat DavidGreene24.com/retreat