What other things can you do with your property aside from turning it into a short-term rental property? For example, did you know that it's possible to turn it into an assisted living residence? Let's hear the details from someone who has developed the system to do this kind of thing. In this episode, Joey and Russ interview Chuck Bongiovanni, CEO and Co-Founder of Majestic Residences Franchise System, a senior residential care home franchise. Chuck was the founder of CarePatrol Franchise Systems in 2009, the largest franchised senior placement company. Today's conversation will give you a different perspective on real estate investing. Top 3 Things You’ll Learn: Why assisted living is a profitable business The benefits of being a franchisee of Majestic ResidencesUnderstand the pros and cons of engaging in this type of business About Our Guest:Chuck Bongiovanni is currently CEO and Co-Founder of Majestic Residences Franchise System, a senior residential care home franchise. Chuck was the founder of CarePatrol Franchise Systems in 2009, the largest franchised senior placement company. He has an Administrative Social Work background, making him a pioneer in the senior placement and referral industry for the last 29 years.  Connect with Chuck Bongiovanni:Website - https://www.discovermajesticresidences.com/Take Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-call