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Senior Living Investing Made Easy
- Earn Excellent Returns While Providing a Better Life for Seniors
- Narrated by: Mark Bowen
- Length: 6 hrs and 26 mins
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Summary
According to Statista.com, it is estimated that over a fifth (20 percent) of the population in the United States will be 65 years or older by 2050 (compared to only 15.6% today). If we consider the quality of living conditions that our seniors call “home,” we will undoubtedly find them lacking—and given how many seniors will be and are currently among us, this is certainly cause for alarm.
With a rapidly aging population, we must start planning how we will house and care for the senior population in the future. In 2019, the not-for-profit Senior Living organization, National Senior Campuses, reported only 21,000 Senior Living units across the United States.
Other than housing, personal and medical care for seniors is another pressing issue with massive potential for growth in the coming years. Among the population of older adults in the United States, almost seven percent require personal care from other persons, often in the form of meal preparation, transportation, and help with personal grooming.
Our elderly are the people who connect us to our past. They are also, however, among our most vulnerable citizens. Safe and adequate housing accommodations should be an essential requirement for the well-being of all people. Yet, there needs to be more consideration given to accommodating the aging population or improving their quality of life.
What will we do as we move toward the last stages of life and end up in the same types of facilities that we are currently subjecting our senior citizens to? How will we cope? Should we wait until it is too late to make preparations for tomorrow? We all know that the aging population deserves better treatment and that investing in Senior Living is the right path for future generations.
Hi, this is Vinney Chopra, the author. You may be asking, why this book? I have been investing in Commercial and Residential real estate for over 40 years. I wrote a best-selling book, “Apartment Syndication Made Easy,” that got rave reviews.
Since my life has been a total result of positivity and an abundance mindset, I wrote my second top seller, “Positivity Brings Profitability.” I came to the USA with $7 and dreams of making an impact in this great land of opportunity.
As I turned 65+ myself, my focus shifted to Senior Living in the multifamily sector. I started researching and analyzing the demands and challenges of this sector. In a bid to make Senior Living communities available to senior citizens, Moneil Senior Living partnered with Build Senior Living in December 2019 to build affordable Senior Living projects that encourage an enriching lifestyle. Our focus has been to provide great quality housing and caring service to seniors in their golden years of life by designing, building, and managing Senior Living communities.
Now, I wish to share what I have learned with you, my devoted followers. As we dive into this journey together, it is crucial to understand why I wrote this book and why I am more excited than ever to share this excellent asset class with you.