Brandon Schwab – Tangible Assets
A Little About Brandon Schwab:
A Little About Brandon Schwab:
Brandon has been a serial entrepreneur since the age of 15, he brings 20+ years of operating experience to Shepherd Premier Senior Living since its founding in 2014. He has the vision to improve the senior living industry forever! He wants to provide a better way of delivering quality care that is resident-focused, not bottom-line-focused. Some would call him a disruptor and others would call him a visionary, he prefers to be thought of as a passionate businessman that saw a problem and wholeheartedly pursued the solution. His grandpa Schwab, who meant the world to him, received what he considered sub-par care at one of the “big box facilities” and it broke his heart. He knew there had to be a better way out there. He didn’t find the “better way” until July of 2014 when he discovered it in Orlando, Florida in a small boutique 5 resident cozy home called Sutton Homes. This home inspired him, it opened his eyes or turned on the lightbulb to the “better way”. At least he was confused and didn’t understand how he didn’t know much about boutique senior living although he fancied himself as an experienced real estate investor that co-led an investment club of over 100+ people. He quickly realized that this was his purpose in life, everything else he’s done left him empty or always seeking more but in reality, it prepared him for Shepherd Premier Senior Living & the boutique senior living niche industry. The industry is currently being led by large corporations with investors to report profit margins as a priority while overlooking the needed care of the greatest generation of residents. Caregiver to resident ratios of 1:15-20 as the national average is unacceptable, it needs to be changed. His boutique senior living model aims to provide 1 caregiver to every 5 residents. A better caregiver ratio directly equates to better care provided to residents.
Quick-Show Notes:
In this episode of The Millionaire’s Lawyer, JP and Brandon Schwab discuss:
Brandon was able to turn some real estate that he had into a massive residential facility for the elderly
He was able to note how the passive income was pretty profitable and wanted to expand on that industry
As Brandon Schwab was expanding within his real estate portfolio he noted the senior home industry and noted how cold they felt so he decided to make a difference
Both Brandon Schwab and JP feel like this upcoming economic crash is overdue.
They feel like it would be a great idea to take advantage of the crash and invest in tangible assets.
Take action first, and then figure things out along the way. Sometimes the initiation is the hardest part and overthinking this is the easier thing to do.
Key Takeaways
From this episode of The Millionaires Lawyer with Brandon Schwab:
- Boutique senior living and how the elderly flourish with it!
- Passive income is essential and you can turn it into your salary
- Deal structuring is important
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