If you’ve been investing in HMOs or buy-to-lets and wondering how transition to ground-up developments, you’re not alone. Many landlords reach a point where the returns start to plateau, or the day-to-day management becomes more effort than it’s worth. That’s when ground-up property development starts to look like the next logical step, but it’s a leap that comes with its own challenges.
In our latest podcast episode, we speak with Sreelal Harilal, co-founder of Provident Homes, who made that exact transition, from working in software consulting and investing in HMOs on the side, to delivering full-scale developments in Milton Keynes.
How one landlord became a full-time developer
In this episode, Sreelal shares how he identified when it was time to shift strategies and what it really takes to go from managing shared houses to delivering entire developments. He breaks down:
- The key differences between HMOs and development projects
- How to approach rising finance costs
- What to look for when working with subcontractors
- Why you have to know your numbers inside and out
If you’re still in the early stages of your development journey, or even just starting to research, it’s packed with practical advice you won’t hear in most beginner guides.
Whether you’re trying to break into property development or figuring out how to scale what you’re already doing, this is essential listening.
Want more advice like this in person?
Check out our upcoming Property Developer Show events to see if we’re coming to a city near you. This is an event built for developers at all levels, packed with speakers, exhibitors, and networking designed to help you take the next step.
0 Comments