CHAPTER 7 The Silver Tsunami F sunami Fortune in ortune in Residential Assisted Living Homes ving Homes (Use a 1031 TDE) The 'Silver Tsunami' is here! There are 77 million Baby Boomers and a mega-trend is coming our way!
With 120,000 people a month turning 85 , and 70% of them needing help with their activities of daily living, the opportunity in Residential Assisted Living is enormous. We are in the real estate business, we buy property in choice locations, fix t s, fix them up or build brand new “Residential Care Homes” to be code compliant and ready for business. We then “sell” the business portion to a Nurse, a Doctor or to an 68
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