Best Time to Start an Assisted Living Home in the Twin Cities?
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🎙️ About the TCREI Hosts
Adam Tafel – Investor, Realtor, and host of Twin Cities Real Estate Investing. Adam has helped hundreds of clients buy, sell, and analyze investment properties across the metro. He works daily with local investors and is passionate about building wealth through smart real estate strategies.
📩 adam@UpsidePropertySales.com
Tim Swierczek – Mortgage lender and experienced investor who helps clients structure financing to maximize returns and long-term wealth. Tim brings a practical, numbers-first approach that makes deals work in the real world.
📩 tim@timswierczek.com
💡 We’d love to meet with you and hear about your investing goals. Book a time with us here: TwinCitiesRealEstateInvesting.com/schedule
This week we sat down with Zach Rynders, co-owner of R2 Studios Architecture, where he and his wife specialize in one of the most technical niches in real estate development: residential assisted living projects. Zach is one of the most knowledgeable people in the Twin Cities when it comes to the code, licensing requirements, and the maze of agencies involved in getting these projects approved. We talk through what it actually takes to bring one of these properties to life—from navigating state licensing and building code requirements to understanding which departments and decision-makers need to sign off before a project can open its doors.
Zach also gets into the numbers behind assisted living operations, including what makes deals pencil, common mistakes operators make, pitfalls to avoid before buying or converting a property, and a few real-world stories from projects that went exceptionally well—and a few that didn’t. In the outro, Adam shares a quick update on Twin Cities inventory, what he’s seeing in today’s market, and breaks down a house he recently got under contract.
If you enjoyed this episode, please subscribe, leave us a review, and share it with another investor who would find it helpful. Your support helps us keep bringing on great guests from around the Twin Cities real estate community. If you’re buying, selling, house hacking, or investing in Minnesota real estate, reach out anytime—we’d love to connect.