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From One RAL to a Luxury Memory Care Neighborhood with Brett Chotkevys

  1. From One RAL to a Luxury Memory Care Neighborhood with Brett Chotkevys 39:37

In this episode of the RAL Room Assisted Living Podcast, Charlie Cameron welcomes back Brett Chotkevys, one of the very first guests on the show, for a powerful update on his journey scaling from a single residential assisted living home to a full-blown luxury memory care neighborhood. 🏘️

Brett shares how he and his wife Laura transitioned from house flipping into luxury memory care, why the mansion model made sense financially and operationally, and what it really takes to develop multiple homes from the ground up.

Here’s what we cover:
 ✅ Going from Real Estate Investing to luxury memory care operations
 ✅ Why memory care demand (and margins) outperform traditional assisted living
 ✅ Lessons learned opening a home with zero healthcare experience
 ✅ Developing a multi-home “neighborhood of care” from raw land
 ✅ Real numbers behind development costs, SBA financing, and value creation
 ✅ The persistence required to push through zoning, land, and due diligence challenges

👉 If you’re curious how to scale from your first RAL to a Legacy-level memory care portfolio, this episode is packed with insight, transparency, and inspiration.

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Alex Schloe Dr. Alex Schloe

Dr. Alex Schloe is a husband, father, multifaceted real estate investor, entrepreneur, and Air Force family medicine physician who helps physicians unlock financial freedom in the hospital and at home through real estate investing and entrepreneurship. As the host of the Physicians and Properties Podcast and co-host of The RAL Room Assisted Living Podcast, Alex shares actionable insights on building wealth, creating impact, and designing a life of purpose. Him and his partners have a goal to open 100 RAL homes by 2027.