In this insightful episode, I speak with veteran property developer Stephen Latham. Stephen shares valuable insights from his 25-year journey in the property industry, highlighting his diversification into supported and assisted living accommodations. This episode also covers the evolution of Stephen's estate agency and his strategic pivot to focus on niche property development projects that align with his core values and long-term vision. We delve into the intricacies of working with supported living providers, from navigating local authority requirements to managing the conversion of properties to meet specialized needs. Stephen explains why this model is attractive, showcasing the balance between profitability and operational simplicity. He unveils the strategies behind successful partnerships with high-net-worth individuals for funding projects while emphasizing the importance of realistic planning and team alignment for operational success. Aspiring property investors and seasoned developers alike will find Stephen's practical advice on overcoming challenges such as cash flow management and building a strong team particularly engaging. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit 👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related