The RAL Room Assisted Living Podcast
Jul 28, 2026 · 43 min · 15 segments
In this episode of the **RAL Room Assisted Living Podcast**, Alex Schloe sits down with **Nicole DeSantis**, who transformed from a finance professional in New York City to the owner of her first…
Nicole DeSantisGuest
Alex SchloeHost
Charlie CameronHost
Ironically, I live in New York city, so quite the trip away, but I closed on my first property in Oregon.
But I have a great operator with boots on the ground there and a great network in Salem.
But I've just been working over the past few weeks to get the house up and running, doing some repairs and all of that to be ready for licensing to come in.
And for folks who are listening to this and you don't know what lease to operator means, Nicole explained it beautifully.
Essentially, you purchase the real estate, you lease that out to an operator, typically on a commercial lease.
That operator is the one who's responsible for the day-to-day care, the licensing, et cetera.
But just so you know, from the beginning, and one key thing that you almost glossed over was you're in New York, this home's in Oregon.
How awesome is that you're able to do that? And that is something that's available through the lease to operator model.
Ironically, I live in New York city, so quite the trip away, but I closed on my first property in Oregon.
But I have a great operator with boots on the ground there and a great network in Salem.
But I've just been working over the past few weeks to get the house up and running, doing some repairs and all of that to be ready for licensing to come in.
And for folks who are listening to this and you don't know what lease to operator means, Nicole explained it beautifully.
Essentially, you purchase the real estate, you lease that out to an operator, typically on a commercial lease.
That operator is the one who's responsible for the day-to-day care, the licensing, et cetera.
But just so you know, from the beginning, and one key thing that you almost glossed over was you're in New York, this home's in Oregon.
How awesome is that you're able to do that? And that is something that's available through the lease to operator model.
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