What happens when you love the residents but no longer want to deal with the challenges of ownership? The owner of a 27-bed community-based residential facility (CBRF) in the Milwaukee suburbs loved senior care. But, dealing with the day-to-day headaches of owning the business was exhausting. She wanted to move onto the next chapter of her life. Having never sold a CBRF, the owner didn’t know where to start. She needed someone by her side, guiding her through the process. She reached out to Senior Care Realty … [Read more...]
Cooperating With Florida Brokers
Senior Care Realty enjoys working with other brokers. Our cooperation policy is spelled out in general on our website in the section for Brokers. In some states, there are limitations about how local brokers can cooperate with out of state brokers. This article addresses the limits, or lack of limits, for Florida brokers cooperating with Senior Care Realty. There are many places to find detailed language about what is and isn't allowed when Florida real estate brokers do business. One of the … [Read more...]
How To Qualify As a CBRF Administrator in Wisconsin
In Wisconsin, the administrator of a community based residential facility (CBRF) must demonstrate they're qualified in some specific ways. DHS 83 is the administrative code that includes the regulations for CBRFs, and section 83.15 has the qualifications for administrators. This post summarizes the highlights of DHS 83.15. Be sure to read the actual code for the details. Requirements First, the administrator has to be at least 21 years old and show they are capable of responding to residents' needs and … [Read more...]