On this episode, the host interviews Matt, an Arizona-based licensed general contractor and owner of Nimble LLC, about his focus on residential assisted living and residential multifamily projects. Matt explains the HUD-defined multifamily concept, the residential vs. commercial distinction in assisted living (with 10 residents as the legal residential limit and 11+ rooms considered commercial), and why residential models can offer more personal “white glove” care. He discusses educating investors and homeowners on using loans (including FHA) and creative additions to existing homes, the importance of involving contractors before purchasing properties to avoid issues like unpermitted additions, and typical revenue potential per resident (around $7,000+ per month, higher in luxury markets). Matt shares a current 1,700 sq. ft. assisted living addition project delayed by permitting and flood-zone requirements, notes his family support, and mentions his background as a materials engineer before construction. He can be reached via Instagram @nimmbol and nimmbol.com.
On this episode, the host interviews Matt, an Arizona-based licensed general contractor and owner of Nimble LLC, about his focus on residential assisted living and residential multifamily projects. Matt explains the HUD-defined multifamily concept, the residential vs. commercial distinction in assisted living (with 10 residents as the legal residential limit and 11+ rooms considered commercial), and why residential models can offer more personal “white glove” care. He discusses educating investors and homeowners on using loans (including FHA) and creative additions to existing homes, the importance of involving contractors before purchasing properties to avoid issues like unpermitted additions, and typical revenue potential per resident (around $7,000+ per month, higher in luxury markets). Matt shares a current 1,700 sq. ft. assisted living addition project delayed by permitting and flood-zone requirements, notes his family support, and mentions his background as a materials engineer before construction. He can be reached via Instagram @nimmbol and nimmbol.com.
Chapters
Connect with Matt Cox:
Instagram - https://www.instagram.com/nimmbol
Website - https://nimmbol.com/