In this episode I was joined by Toby Wilde the Founder of Oparo www.oparo.co.uk to discuss what has become the \"Wild West\" industry of Supported Living.
We discuss;
Toby's background in property development and lettings and his motivation to be in the supported living sector.
What the definition of Supported housing.
Challenges of running an investment House in this sector.
Using data and tech to assist with asset management and finding deals.
Use classes and the planning system when it comes to supported housing.
The difficulties of finding and dealing with operators in this space.
Different types of leases and what they mean for investors and operators.
The regulator and the mismatch of what they want and what is happening in the market.
The LHA rate and what is sustainable rent for supported living sectors and why.
And Lots more.
Once again thanks to the sponsors www.978finance.com please contact them about financing your next deal
www.konnexsion.com please contact them to enhance your property management.
Also a quick note of our next workshop.
I see it come up all the time when people want to exit/sell a portfolio/business. They've got no exit plan.
Understanding your own is crucial otherwise there's no point putting all this effort in.
Understanding all this also helps you provide proper solutions for vendors that can help to get deals over the line.
Check out details of our property business workshop on exits in October here https://Bit.ly/pbwfour