Action Academy | Millionaire Mentorship For Your Life & Business How They Turned ONE House Into a $13.4M Business Model (by Helping Retirees Live Better) w/ Aaron Ameen & Charlie Cameron
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Jul 15, 2025 Aaron Ameen, a real estate investor and coach developing Everwood Reserve, teams up with Charlie Cameron, an Air Force veteran and partner at Open Range Capital, to revolutionize senior living. They dive into their upscale residential assisted living model, moving away from traditional nursing homes to provide compassionate care. The duo discusses the lucrative potential in this sector, their $9.4 million project, and strategies for investors seeking purpose-driven opportunities. Collaboration and innovation are key themes, as they navigate the challenges of construction and staffing.
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Residential Assisted Living Opportunity
- Residential assisted living (RAL) homes can cash flow six figures on one home while making a massive impact.
- Increasing demand and insufficient supply create a unique, lucrative opportunity in senior care.
RAL vs. Traditional Nursing Homes
- Residential assisted living offers a home-like, luxury environment with lower caregiver-to-resident ratios than big nursing facilities.
- Families prefer these homes because they provide dignity, personal care, and better quality of life for residents.
Boomer Wave Drives Demand
- There are 77 million baby boomers entering retirement, creating a massive shortage of assisted living beds.
- The senior care industry is expected to grow to about $140 billion amid a significant supply-demand mismatch.