The Boomer Wealth Transfer ($2.5M/Yr Opportunity) │Boris and Amanda Palomino E461

Feb 10, 2026

Amanda Palomino, operator of boutique residential care homes focused on staffing and resident services. Boris Palomino, operator/investor skilled in licensing, market selection, and scaling. They dig into the baby boomer care surge, why small assisted living homes cash-flow well, market selection and licensing, financing hacks and tax advantages, and practical scaling strategies for boutique care homes.

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INSIGHT

Scale With ADUs Or Higher Zoning

You can exceed six beds by using ADUs with separate addresses or pursuing higher zoning like R2/R3 for larger licensed homes.
Shared resources across adjacent licensed units increase operational efficiency.

ADVICE

Prefer Single-Story Fixer Homes

Buy single-story homes needing renovation to lower acquisition cost and simplify operations; ADA full compliance is not required for RCFEs.
Add only necessary safety features like grab bars and simple ramps to balance cost and resident comfort.

ADVICE

Leverage Primary-Residence Loans

Use primary-residence financing (FHA, credit unions like Navy Federal) to access low or zero down loans and competitive rates.
Live in the property briefly and complete licensing within months to convert it to an operating business.

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👉 The Blueprint: A Step-by-Step Guide to Opening a Residential Assisted Living

Thinking about launching or investing in a Residential Assisted Living business?

Boris & Amanda break down the exact step-by-step process—from licensing and setup to operations and scaling—in this free guide.

Normally $27, but Rich’s listeners can download it FREE using code PODCAST at checkout.

Grab your copy here: 👉 ⁠https://www.palominoseniorliving.com/residency-agreement⁠

Learn more about Palomino Senior Living:👉⁠ https://www.palominoseniorliving.com/

A massive demographic shift is already underway—and most investors aren’t paying attention.Rich Somers sits down with Boris and Amanda Palomino to break down why residential assisted living is quickly becoming one of the most compelling and recession-resistant real estate asset classes in the country. With millions of baby boomers entering the age of care and a nationwide shortage of beds, demand is accelerating while supply struggles to keep up.The conversation dives into how small, boutique care homes generate strong monthly cash flow, why this model avoids many of the regulatory pressures hitting Airbnb, and how investors can combine real estate appreciation with an operating business under one roof. Boris and Amanda explain market selection, licensing, staffing, and how these properties can produce meaningful income while still qualifying for powerful tax advantages.Rich also explores why this asset class is protected, how leverage and creative financing can be used responsibly, and why the “sandwich generation” is driving long-term demand for high-quality care options.This episode is a deep, practical look at an overlooked real estate strategy—built on fundamentals, demographics, and real operating leverage.

Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more.Interested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.