The Recession Proof Model? An Insight Into Supported Living With Lisa Brown
After a 24 year nursing career, Lisa Brown began property investing. She initially developed heritage properties and then a chance encounter led her to discover supported living, A model that's been talked about a lot recently. She realised this was a powerful way to invest in property while creating homes for those who need them most. Since then, Lisa has been raising awareness, educating and working on solutions to help property investors and supported living providers team up to provide much needed accommodation. She is now the founder of The Supported Living Property Network. In this episode we discuss: What is supported living and how does it work? Why has supported living become a hot topic in the property investing world? What are the benefits to investors and the tenants? What properties best suit this model? What are the challenges to look out for? Lastly, Lisa takes us through one of her first projects using this model. Enjoy! *************** Developers Boardroom 2.0 Looking to surround yourself with a small group of aspiring developers; To stay accountable and progress to the next level? Click here for more details Episode Time stamps: 2.05- what is supported living and how you got into it? 4.15- Who is supported living accommodation for? 7.13- Why has Supported living become a hot topic in the property world? 10.50- Do you get market rent? 12.56- who pays the council tax and utilities? 14.06- What properties don't suit this model? 15.33- The bungalow case study 19.07- Getting a mortgage for supported living accommodation 23.00- how are these properties valued? 27.45- What do investors need to consider with this model? 31.14- How easy is it to change a property to supported living? 32.15- How does supported living contracts differ from social housing contracts? 36.17- final challenges and take aways 40.14- What I wish I knew starting out in property GET IN CONTACT. Email- [email protected] Linkedin: https://www.linkedin.com/in/raj-chengadu-11381b69/ Now on Instagram: https://www.instagram.com/propertyinvesting2.0/?hl=en Guest: https://lisabrown.uk/supported-living-property-guides-to-download/ *Disclaimer* As always, the content in this episode is for informational and entertainment purposes only and are the views of the host and guests. This information is NOT financial or legal advice. Please speak to a professional advisor and do your own due diligence when looking to invest in property and business.