Today's guest, Rich Foster, works in one of the most interesting and uncommon niches we have come across – assisted living facilities. Rich considers himself a serial entrepreneur. He has started and exited several successful businesses ranging from clocks to coworking spaces to venture capital. Currently, he is invested in assisted living facilities in secondary and tertiary markets. In this episode, we learn about what it takes to invest in assisted living facilities. We discover that this type of asset is different from other real estate investments because there are two facets: the real estate side and the operations/healthcare side.
