In this week’s episode of Ask The Broker, Assisted Living Real Estate Expert Michelle J. London answers a client’s question about how to effectively market your Residential Care Facility for the Elderly (RCFE). Michelle shares proven strategies and insights to help care home owners stand out in today’s competitive market and attract the right residents for long-term...
In the world of Residential Care Facilities for the Elderly (RCFEs) and Adult Residential Facilities (ARFs), long-term leases—often five years or more—are common. But what happens when a tenant stops paying rent? The answer isn’t just about eviction; it’s about protecting the value of the property, the license, and the business itself.Lease Default: The First DominoWhen a tenant fails to pay rent...
In this edition of “Ask the Broker,” Michelle J. London explains why it’s critical to separate your real estate holdings from your RCFE operations. Learn how creating distinct legal entities can protect your assets, streamline accounting, and reduce...
This week on “Ask the Broker,” Michelle J. London dives into the importance of location when buying or opening an RCFE. From neighborhood demographics to zoning and competition, find out what makes a property truly ideal for long-term...
Hiring the right administrator is one of the most important decisions you’ll make as a care home owner. A strong administrator ensures daily operations run smoothly, staff stay engaged, and residents receive high-quality care in a compliant and supportive environment.Look for candidates who have:Experience managing care facilitiesAdministrator certification in CaliforniaStrong leadership and regulatory...
In this episode of “Ask the Broker,” Michelle J. London outlines the key steps to becoming a licensed RCFE Administrator. Whether you’re new to senior or adult care or expanding your professional credentials, Michelle shares essential tips on training, certification, and compliance to get you...
In this week’s “Ask the Broker,” assisted living consultant Michelle J. London explains why a Competitive Market Analysis (CMA) is a must-have tool before buying or selling an RCFE. Learn how a CMA can help you price accurately, identify local demand, and position your property for...
In this week’s episode of Ask the Broker, Assisted Living Specialist Michelle J. London responds to a client who asked, “Can you provide some out-of-the-box ideas to obtain new residents for my residential care facility?” Michelle shares creative strategies that go beyond the usual referral...
In this week’s episode of Ask the Broker, Assisted Living Specialist Michelle J. London responds to a client who asked, “Is there any way to save on high electricity expenses for my residential care facility?” Michelle offers one potential solution that more care home owners should consider: going...
In this week’s episode of Ask the Broker, Assisted Living Specialist Michelle J. London responds to a client who asked, “When I sell my residential care facility, will I have to pay taxes?” Michelle breaks down key tax considerations to be aware of before making a...