The current pandemic situation has been really hard for many of us. Several industries closed down, jobs were lost, and some of those that do remain have to contend with overtime work. Even worse, some of these workers aren’t even properly compensated for that extra work.
The result? Increased stress.
Thus, it’s no surprise that some of these workers end up wanting to resign from their jobs altogether. Sadly, many of them think they don’t have a choice and just bear the brunt of the unfair work environment.
And who can blame them? They needed the money.
This pandemic situation, however, has also taught many people to be creative. Many of them learn that there are actually plenty of opportunities to earn money around.
And most of the time, you don’t have to look for them. Because some of these opportunities are constantly being advertised.
RAL Academy is one example of that. The business model may have worked for the creators, but will it work for you as well?
Before you spend any money on this course, you should read this RAL Academy review first. And hopefully, this can help you decide if this is the right business idea for you, or not.
Note that this is a fully independent RAL Academy review. I’m not affiliated with RAL Academy and its creator in any way or form.
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What Is RAL Academy?
RAL Academy is another one of those online courses that present a new business opportunity to anyone interested in it.
RAL is an acronym for “Residential Assisted Living”. And it perfectly describes the business model this course will introduce.
To make it simple, you can think of it as something like a nursery home. Only with fewer people in it, and less staff running it.
Here in the RAL Academy, you’ll be taught how to set up your own RAL center. You’ll learn how you can set up your available residence, get the necessary equipment you need, and what qualities you should look for when hiring your staff.
The program claims that setting up a residential assisted living center is quite profitable as a business model. It even claims that you can earn around $5,000, $10,000, even $15,000 per month with this.
At the same time, you’re also helping relieve some bigger nursing homes of their workload. Since the population of senior citizens is surging at the moment.
If you have a real estate investment you can use for this, and if you have some experience in caring for the elderly (i.e. you have previous caregiver experience), then this business model may work for you.
Having said this, it’s pretty apparent that this business model isn’t for everyone, despite the profit claims. Aside from the stress of taking care of the elderly (with all due respect to our elders), the cost of the setup and daily operations of this business may not be enough to offset the potential profit.
Besides, you’re going to need a sizeable amount of capital to get started.
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The Founder Of RAL Academy
The founder of RAL Academy is Gene Guarino.
He’s a former real estate investor and entrepreneur with over 30 years worth of experience.
His inspiration for entering into the residential assisted living industry stems from his own experience.
In the late 2000s, Gene’s mom became ill, and residential assisted living became more than a way to make a great income. At this point, it became something Gene actually needed for his mom.
As he looked for an assisted living home for his mother, what he found was nothing he wanted for his mother. So, in response, he vowed to create his own. This eventually laid the foundation for his own teaching program, the RAL Academy.
Gene may have moved on just recently, but his legacy continues through the efforts of the RAL Academy team.
Currently, the CEO of RAL Academy is taken up by Emmanuel Guarino.
What Can You Get With RAL Academy?
RAL Academy offers three options on how you can learn this business model. The first one is totally free, but only serves as an introductory course to get you hyped up for this.
The other two programs offer roughly the same educational material, and what you want to take is completely up to your preference.
Here,s a quick overview of the courses that are included in RAL Academy.
Free Online Course
The free online course serves as an introduction to the business model that is residential assisted living.
This will let you learn a good description of it, how it works, and how can you earn money from it. It also highlights the advantages you can get from doing this business for yourself.
As you can see, this only serves as a sales pitch to convince you that their business model is perfect for you. And that you should enroll in any of their courses.
However, joining this webinar may be a good start for you if you’re curious about the business model, but still has some reservations. Of course, the risk is that once you became their lead, you’ll be bombarded with several marketing emails.
Assisted Living Business Accelerator
The Assisted Living Business Accelerator is RAL Academy’s flagship product. It’s basically a stand-alone online course that contains all you need to start up and run a residential assisted living business of your own.
The online course consists of only three modules. Regardless, it’s already enough to cover all the information that you’ll need.
Module 1: Master The Basics Of Residential Assisted Living
Module 1 will talk about the things that you’ll need to get started on this business. The topics included in this module are:
- Choosing The Right Location
- Building A Safe Environment Indoors
- Architecture Tips
- Things to Do To Pass Inspection
- Zoning & Licensing Training
- Finding Patients
Module 2: Run Daily Operations Like A RAL Seasoned Pro
Module 2 will deal with how you should run your business, once you’re done setting it all up. This module includes the following topics.
- How To Get high-Paying Residents
- Hiring The Right Staff
- Food Handling
- Daily Operation Tips
- Daily Activities & Recreations For Residents
Module 3: Own A Business That Runs With Or Without You
Module 3 will now go over the long-term goals that you should do for your residential assisted living business. These include “automation”, scaling, etc.
This module includes the following topics:
- Acquiring Capital
- Expanding The Business
- Maintaining The Success Of Your Business
- Scaling Your Business
3-Day Live And Online Events
Finally, RAL Academy also holds several events that you can register for. These are usually held once a month and are sometimes held either live (located at a place in Phoenix, Arizona), or online.
It’s assumed that due to the COVID-19 pandemic restrictions, the schedule of live events has become a bit unpredictable. However, these restrictions have since loosened up, and are now held a bit more regularly.
Strangely enough, the activities of the live and online events differ from each other. With each of them focusing on a different training method.
The live events include the following activities:
- A private tour of an actual residential assisted living home
- Meeting the staff that work the homes
- Case studies access that show various people succeeding with this business model
- Review of architect designs
- Chances to network with like-minded people
The online events, on the other hand, has these activities on their list:
- Training on how to start and operate your residential assisted living business
- What you need to be successful and what you need to avoid
- 10 step formula so you can get started as fast as possible
- How to outsource most of the work so you work less than 10 hours a week
- How to scale your business
Note that if you notice, the activities from the online event are quite similar to the ones provided by the online course. There’s currently no indication if there’s a difference between the content of the online course and the online event.
How Much Do You Need To Spend On RAL Academy?
Depending on your needs, each of the training programs offered by the RAL Academy has a different price point.
The Assisted Living Business Accelerator online course can cost $1497.
On the other hand, to register for their events, whether it’s live or online, you’ll need to pay around $2997 to secure your slot.
If you’re going to do this business on your own, keep in mind that, aside from the programs themselves, you’ll also need to think about the costs for the setup and operations of your business.
These can include, but are not limited to:
- Any associated costs related to the property you own.
- Salaries for your staff
- Food and other necessities for the elderly
- Any other maintenance costs
- Zoning and licensing costs
Thus, while this business model has the potential to let you earn a good amount of money, the gross earnings that you may receive here maybe even smaller than you may expect. Furthermore, it’s apparent that you’ll need a hefty amount of capital before you can even start.
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My Favorite Program
Things I Like About RAL Academy
The Business Model Is Unique
I’ve reviewed several online courses that offer a certain business opportunity. And so far, this is one of the more unique ones that I’ve encountered.
So, what does this mean? It means you won’t have to worry about saturation or even competition. In fact, you may even contribute to your community if you do this business model.
The Business Model Is Lucrative
This business model also has to do with real estate in some form. After reviewing several real estate courses before, I can already tell you.
The real estate industry is one of those industries wherein, with the proper skill and work, you can earn quite a lot of money.
The Creators Are Legitimate
Gene Guarino, as well as the current people running this program, has several achievements, experience, and credentials in the real estate industry.
As a result, you can be assured that this program isn’t a scam at all. These people know really well about the business model here, and you can learn quite a lot from them.
Things I Don’t Like About RAL Academy
It’s Very Expensive
As I said before, there are just so many costs that you have to think about when you want to start a business like this.
Thus, not everyone can benefit from this online program and business model. Frankly, you’re going to need a large amount of capital at hand to be able to get started.
Even if you already have an existing property to use, there are still other costs you need to think about. Thus, while this is a very lucrative business idea, frankly, not everyone can do it.
And My Personal Verdict Is…
The RAL Academy educational program and business model may only work for you if you satisfy all of these conditions:
- You have an empty property that you can use for building your residential assisted living center.
- Having a large enough capital in order to build the center and provide all the basic necessities for your patients.
- You have a background in caregiving, or just enjoy caring for the elderly.
If you think you have these conditions satisfied, then this online course and business model is definitely for you.
But if you don’t like even just one of these conditions, then this isn’t for you. Simple as that. But all hope is not lost.
There are equally good methods and business ideas to make money out there. And some of them only need a fraction of the capital that you can invest in this online course to get started.
RAL Academy Review: Final Thoughts
I would like to give some final, personal thoughts of mine to close off this RAL Academy review.
Caring for the elderly is a dear subject of mine, to be fairly honest. Thus, I can understand why a business model like this could be quite profitable.
The reason why most homes for the aged are reaching full capacity, is that a growing number of people are refusing to take care of their elders themselves. I’m not going to delve into the personal aspect as to why. But the most common reason is, they already lack the time to even visit them, let alone tend to them.
Maybe they’re too busy with work to earn for themselves, or they have their own families to take care of now. But the truth is, some of these elders prefer being taken care of by their own relatives instead of other people. Or even if they can’t be taken care of by their own, they should at least be visited regularly.
But you can still have time to take care of your loved ones, your dear parents and still earn a good amount of money, if you want. I’m also here to give you my #1 recommendation to make money online, while taking control of your time.
If you want to learn more about it. continue reading this RAL Academy review.
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