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From Rentals to Residential Assisted Living with Eddy McCracken

  1. From Rentals to Residential Assisted Living with Eddy McCracken 43:07

In this episode of the RAL Room Assisted Living Podcast, Charlie sits down with Eddy McCracken, a former teacher and rental investor who now operates two 16-bed residential assisted living homes in Crown Point, Indiana, with a third in development. 🏡

Eddie shares how he discovered residential assisted living, navigated zoning and approvals in a state with few RALs, and combined his Real Estate expertise with a compassionate care model to build a thriving business.

Here’s what we cover:
 ✅ Transitioning from single-Family rentals to residential assisted living
 ✅ Navigating zoning, approvals, and local government Education
 ✅ Why partnering real Estate know-how with compassionate care is powerful
 ✅ The importance of building a trusted network and local Relationships
 ✅ Lessons from early challenges: finding the right lots, lawyers, and mentors

👉 If you’re looking to start or expand a residential assisted living business while combining strategy, real estate, and quality care, this episode is packed with actionable insights.

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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.