serviced accommodation

This week’s episode is dedicated to Holiday Cottage Handbook LIVE, which will be held in collaboration with the Property Investor Show on 19-20 April at ExCel London. 

Property Tribes Co-Founder Vanessa Warwick – an ambassador for Property Investor Show – is the special guest and she explains why this is a must-attend event in our industry.

Tickets for Holiday Cottage Handbook LIVE are FREE! All you need to do is register via the Property Investor Show website.

Hope to see you there! 

3:55 Why the Property Investor Show is a must-attend event in our industry

5:54 The importance of valuable (and free!) property education

7:41 Understanding what’s going on in the short-term rentals space

9:22 Holiday Cottage Handbook LIVE exhibitors

9:46 There will be something for everyone – whether you're a new investor or manage hundreds of properties

11:30 Portfolio landlords are shifting towards short-term rentals

14:02 Industry events will help you become a better investor and property manager

16:06 The audience is made up of experienced property investors who are looking to scale

19:26 Property investors are feeling optimistic in 2024

21:17 The event is FREE. There is no excuse not to attend! 

Links mentioned:

Holiday Cottage Handbook LIVE (download your free e-ticket)

HCH Financial Services Call: 0333 1234 536 Email: advice@hchfs.co.uk

Holiday Cottage Handbook website 

Sign up for our free weekly newsletter 

Download our free e-book for investors, hosts, and property managers

Vanessa Warwick

Property Tribes

#HCHLIVE exhibitors:

HCH Financial Services

Hosthub

SuperControl

Sykes Holiday Cottages

The Aparthotel Revolution

Your AirHost

Interested in exhibiting? Email: james@holidaycottagehandbook.com

Enjoy the show?

Please subscribe, rate, and review! 

Email the show: james@holidaycottagehandbook.com 

In this episode, I talk to my guest Thabo Nhlangano, the director of love your stays, about how he runs his AirBnB business virtually and how he optimises his listings for success, manages the different teams, with the ups and downs you can expect from running a serviced accommodation business. Please like, share and comment with any thoughts you have about the episode and what you would like to see in future podcast episodes. 

Follow me on: https://linktr.ee/buckleythomik

Guest Links
Instagram: https://www.instagram.com/thabo_investor/?hl=en

LinkedIn: https://www.linkedin.com/in/thabonhlangano/?originalSubdomain=uk

Facebook: https://www.facebook.com/thabon/?locale=en_GB

YouTube: https://www.youtube.com/channel/UCyxXTi7aEPgxpQtMYGDJ_dQ

Website: https://loveyourstays.bookeddirectly.com/g

TikTok: https://www.tiktok.com/@thabo_business 

Follow my Social Links and Journey: https://linktr.ee/buckleythomik

Copyright © 2022 Dragon Estates. All Rights Reserved

In this episode, Simon talks about the future of serviced accommodation as an investing strategy now that new regulations and guidelines are being considered by the UK government.

KEY TAKEAWAYS

• We will not be given full clarity upon the changes being proposed by the government until the 7th June, 2023, but we can ascertain the conditions being examined.
• There is a huge demand for serviced accommodation in the UK, meaning that large profits can be made. However, many investors are not doing it correctly because at the moment we have no regulation.
• The current areas of challenge in serviced accommodation are planning permission, leases and finance.
• Most UK lenders do not really understand SA and their mortgages are not set up for it. There are an increasing number of lenders who do understand the strategy. Your broker will know the best place to approach.

BEST MOMENTS

'We're in a consultation period, and changes are definitely coming'

'Serviced accommodation can be a very profitable strategy when done properly'

'Regulation is a good thing in the property industry'

VALUABLE RESOURCES

To attend your first pin meeting as Simon's guest visit http://www.pinmeeting.co.uk/, find your local meeting, and at the bottom of the page where you normally pay £20, click on where is says "pay with a voucher code" and use this code: PODCAST. This will by pass the payment page and you can attend your first pin meeting for free.

Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi

Find out about the Global PIN Meetings at www.globalpinmeeting.com

To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20).

iphone:  http://bit.ly/pinAPP1

Android https://bit.ly/pinAPP2

Register at Mindset For Property at - www.mindsetforproperty.co.uk 

ABOUT THE HOST

Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32.

Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.

Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.

Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.

Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.

CONTACT METHOD

Contact and follow Simon here:

Facebook: http://www.facebook.com/OfficialSimonZutshi 

LinkedIn: https://www.linkedin.com/in/simonzutshi/

YouTube: https://www.youtube.com/SimonZutshiOfficial

Twitter: https://twitter.com/simonzutshi

Instagram: https://www.instagram.com/simonzutshi/

With such a great response from all our listeners about our Rent to Rent episode Sophie & Simon delve into the GiP mailbag and answer all of your questions (with a little help from our friend Henri Ghijben from last week's pod).

1) Market research: 

• How do I know if a property is in a 'good' location? 
• Researching  your target tenant & what they are looking for
• How do I know how much rent to charge?
• Gauging demand
• Should I take on a property that is two hours away?
• How can I ensure I don't lose money? 

2) Putting the plan into action:

• Negotiating a rent-free period
• Get viewings in early - get cash-flowing before tenants even move in
• Ensuring occupancy - messaging those looking for rooms on Spareroom, messaging centres of employment (hospitals, nursing homes, large providers).
• Compliance for HMO & SA - where to find standards and compliance in your area
• Get a 3rd party fire risk assessment to mediate responsibility with owners
• Getting council approval for serviced accommodation 
• How to work Rent to Rent with Landlords who have mortgages

3) Day to day & lifestyle:

• Handling novel & emergency situations
• Maintenance & compliance
• Attitude is more important than knowledge - you aren't expected to know it all!
• Its all about customer service
• What work is involved day-to-day and what is the work/life balance like?
• When to take on help to work on the business not in the business
• What do you do if a guest won't leave your SA? Phone a Friend with Henri Ghijben
• How to resolve cost disputes with Landlords - have a good proposal & contract to manage expectations and fall back on when there is an issue
• Maintenance - budgets, inspections, reporting & shouting about your good service to Landlords. 

4) Building relationships & growing your business

• How to open & build relationships with agents
• Listen & learn about Landlords throughout - ask about their situation, needs and experiences with a view to pitching your services
• Speaking to agents when you are starting out 

To claim your space at our Girls in Property Retreat on Friday 19th April 2024 simply visit www.girlsinproperty.co.uk & to find out more info or join The Property Lifestyle Accelerator Programme simply DM the word "Lifestyle" on Instagram or Facebook for a Discovery Call.

You can also email me at girlsinpropertypod@gmail.com

ABOUT THE HOST

With more than 5 years of experience as a landlord, Athena Dobson departed her secure corporate job two years ago to chase her passion as a full-time property investor.
Now, she successfully manages multiple businesses handling HMOs, SAs, & BTLs, all while sharing her expertise to guide &teach others on their own journey to success.

Athena's mission is to be able share as many tips as possible from her own experience, to empower others to navigate the complex realms of business & property with confidence! 🌟

Girls in Property is recorded at Absolute Music Studios in Poole.

CONNECT & CONTACT

Instagram

Linkedin

Email: girlsinpropertypod@gmail.com

Disclaimer: None of...

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let

https://bit.ly/BTLReport-POD

Chris Irving has been investing in property for a couple of years and has grown his portfolio using a variety of techniques, which he shares in this episode with Kevin. He also talks about the positive impact the Progressive property courses and community has had on his investment journey.

KEY TAKEAWAYS 

• Chris started by doing a couple of ‘flips’ without realising at the time they were flips. His first was his grandparents house where he lived in the property whilst renovating before selling.
• After the breakdown of his marriage, Chris put property on the back burner but he still had tough decisions to be made, resultin gin him choosing to sell his family home and keep his property portfolio.
• He then signed up for progressive’s MSOPI and by the end of the event he had signed up for two additional courses.
• Networking with other investors and people in the Progressive Property community has been invaluable to Chris.
• If you’re looking for a strategy, tenant-buyer is a good choice. This is an option Chris used when he wanted to help someone out but when he also had a cashflow problem.
• If you are struggling in your property journey then Chris says to simple ask those around you and consider all your options carefully. There is usually a solution to your problem.

BEST MOMENTS  

“One of the things that keeps coming back to us, is the people you meet”

“What I take away the most from it [The Progressive Community] is the inspiration you get”

“Seek advice from people around you”

VALUABLE RESOURCES

MSOPI – Multiple Streams of Income:

https://www.progressiveproperty.co.uk

https://kevinmcdonnell.co.uk

ABOUT THE HOST

Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.  

CONTACT METHOD

https://www.facebook.com/kevinMcDonnellProperty/

https://kevinmcdonnell.co.uk/

progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let

https://bit.ly/BTLReport-POD

Richard Stone has spent most of his life in construction but in the last few years, he decided to start to build his property portfolio. He joins Kevin to talk about his property journey and what he has learnt along the way.

KEY TAKEAWAYS 

• It was after beginning his property journey that Richard realised he needed training and education in Property. This is when he started attending Progressive Property courses, including Progressive's flagship even MSOPI, to learn how he could best utilise his knowledge and skillset.
• It all starts with the client and although Richard has tons of hands-on construction experience, he didn’t know how to find and retain clients and raise money. This is what he learnt with Progressive.
• You don’t need your own money to get started on serviced accommodation, you just need to learn how to raise capital.
• Focus on the feedback you get in the right places, not all advice is good advice. Your clients will tell you if you are doing the right things.
• There are endless opportunities in the world if you have the right mindset.
• Now is always the right time to buy property.
• Being around the right people on your property investing journey is essential. To help guide you but also to support you.

BEST MOMENTS  

“ A lot of it isn’t skillset, it’s mindset”

“There’s a difference between what you think is right and what’s actually right”

“I reignited my passion for education”

“Your own money actually holds you back”

“Poor people get their advice from family, friends and neighbours, wealthy people get it from people who have done it before them”

“You don’t know what you don’t know”

VALUABLE RESOURCES

MSOPI – Multiple Streams of Income:

https://www.progressiveproperty.co.uk

https://kevinmcdonnell.co.uk

ABOUT THE HOST

Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people’s property to create financial freedom.  

CONTACT METHOD

https://www.facebook.com/kevinMcDonnellProperty/

https://kevinmcdonnell.co.uk/

progressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/

SUBSCRIBE AND FOLLOW FOR MORE VIDEO CONTENT -
https://www.youtube.com/c/propertywealthsystem

In this short, sharp episode, Mark Winship talks about the five things he loves most about serviced accommodation as an investment strategy.

KEY TAKEAWAYS

• Serviced Accommodation is incredibly flexible. There seems to a demand for SA all over the country, and works in any kind of setting.
• There are no nightmare tenants! Dealing with issues such a non payment of rent or damage is common to most landlords, but all SA lets are short term.
• There are no planning headaches. A normal residence has the planning use class of C3, which is suitable for serviced accommodation.

 BEST MOMENTS

'I often get asked why I'm so excited about SA as a property strategy'

'The reality is that there are a range of different sectors that need SA'

'The key is to identify your target market'

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591     

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Mark Winship is an experienced property investor and mentor with a portfolio of HMO and Serviced Accommodation properties across the UK. Mark’s background in coaching high performance athletes has lead to a passion for mentoring people to achieve their life goals using property investment as a vehicle.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey.

CONTACT METHOD

You can join Mark, Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Mark Email: mark@propertywealthsystem.co.uk

Mark Linkedin: https://www.linkedin.com/in/mark-winship-68b34833

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

James Email: james@propertywealthsystem.co.uk

James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/

SUBSCRIBE AND FOLLOW FOR MORE VIDEO CONTENT -
https://www.youtube.com/c/propertywealthsystem

This week, Mark Winship talks to Scotty Hodson, known as "The Property Farmer" - a man on a mission to disrupt the shorty stay rental industry with his eco-friendly serviced apartment model.

Scotty talks about how he came back from spiralling debt and ill health to found and grow an innovative serviced accommodation empire that has completely changed the life he is building with his young family.

KEY TAKEAWAYS

• Building a property empire is never easy, but with a clear vision and by keeping our goals in mind, we can rise above the greatest of challenges.
• Serviced accommodation is daunting to begin with, but once we get up and running and build systems in place, it becomes a lot easier as a strategy.
• Quality is the differentiator that makes a difference, and can give us a competitive advantage. It is about finding the bespoke difference that makes us stand out, and marketing accordingly.

 BEST MOMENTS

'I was exchanging my time for cash'

'Once you get to that point you can start to scale!'

'We wanted to be able to develop our product ladder'

'Understand your purpose. Understand your vision'

 VALUABLE RESOURCES

This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591    

Scotty Hodson LinkedIn - https://www.linkedin.com/in/scottyhodson/?originalSubdomain=uk

ABOUT THE SHOW

This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property.

Mark Winship is an experienced property investor and mentor with a portfolio of HMO and Serviced Accommodation properties across the UK. Mark’s background in coaching high performance athletes has lead to a passion for mentoring people to achieve their life goals using property investment as a vehicle.

Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it’s only the last 12 years she’s operated as a professional investor.  Her and her husband have built their portfolio throughout the UK covering strategies from buy to let’s, social housing, HMOs, developments and more recently a hotel.  She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based.   Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. 

James D’Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO’s and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey.

CONTACT METHOD

You can join Mark, Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community:

https://www.facebook.com/groups/propertywealthcommunity

Mark Email: mark@propertywealthsystem.co.uk

Mark Linkedin: https://www.linkedin.com/in/mark-winship-68b34833

Caroline Email: caroline@propertywealthsystem.co.uk

Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/

James Email: james@propertywealthsystem.co.uk

James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/

022 - This week is a special episode with the dynamic duo, Serviced Accommodation Rockstars Ritchie Mazivanhanga and Chris Poulter!


🎯 Ritchie and Chris share their story on how to get started in SA and how it helped in the business' growth
🎯 The Property Magic book kickstarted their property journey
🎯 Networking and building relationship's was key to securing their first SA property
🎯 They host The Short Stay Success by Guessflow podcast

Rent to Rent Real Talk!
💥The reality behind the rhetoric
💥What it's like to run a rent to rent business
💥You’ll love the series where we take you behind the scenes with some Rent to Rent Rockstars

To watch live join the Group here

 ✅ https://www.facebook.com/groups/r2rsecrets ✅

Want to Get Started?

Get the free Rent to Rent Success Guide and Masterclass

✅ https://go.rent2rentsuccess.com/free-6-step-system?gclid=rrrt ✅

RS013 - This week we were joined by the amazing Progressive Property Serviced Accommodation Trainer and Rent to Rockstar Ben Brand!

🎯 Ben Brand is now a Progressive Property Serviced Accommodation Trainer

🎯  0-45 SA units in 10 months

🎯 Mixture of R2SA & SA Management

🎯 Currently operating in South Wales and England

🎯 25+ Full time & Part time staff

Rent to Rent Real Talk is...

💥 The reality behind the rhetoric 

💥 How to get started in property without buying it

💥 Behind the scenes with real Rent to Rent Rockstars 

Want to Get Started?

Get your Free Rent to Rent Success Guide and Masterclass
✅ https://rent2rentsuccess.com/guide  ✅

Get the Landlord letters that work
✅ https://rent2rentsuccess.com/letters  ✅

Join us Live!

Join the Rent 2 Rent Success Secrets Facebook Group
✅ https://rent2rentsuccess.com/group ✅ 

Visit the hub for more Rent 2 Rent Success resources
✅ https://rent2rentsuccess.com ✅

What’s happening in mobility? Hear a client perspective on how relocation companies are adapting to a COVID world and how corporate housing companies can help them address these new challenges.

This podcast features:

• Futurist Brian David Johnson outlining the importance of future-proofing
• Peggy Smith, Chief Strategy Officer at CapRelo, discussing how clients are adapting to new challenges in mobility
• Three things to do to help your company navigate today's reality

Learn more at chpaonline.org/future

If 2020 has taught us anything, it's that the future is full of surprises. But in the midst of uncertaintly, it's critical to implement scenario planning for your corporate housing company. This special 2-part episode features futurist Brian David Johnson, foresight expert Robin Champ, and CWS Corporate Housing President Tracy Hayes, CCHP, GMS, taking a pragmatic look at what corporate housing companies need to do now to actively shape their futures.

Watch the full episode, including additional resources, at www.chpaonline.org/episode18.

If 2020 has taught us anything, it's that the future is full of surprises. But in the midst of uncertaintly, it's critical to implement scenario planning for your corporate housing company. This special 2-part episode features futurist Brian David Johnson, foresight expert Robin Champ, and CWS Corporate Housing President Tracy Hayes, CCHP, GMS, taking a pragmatic look at what corporate housing companies need to do now to actively shape their futures.

Watch the full episode, including additional resources, at www.chpaonline.org/episode17.

Mobility is very important in the corporate housing industry. But as we move to a post-COVID world, what does mobility look like? And will it ever be the same as it was before?

In this half hour podcast, you'll hear:

Futurist Brian David Johnson discuss what mobility looks like in a post-COVID world
Futurist Greg Lindsay reveal his research on how workers, employers and cities are redefining mobility
Maura Carey from Dwellworks outline how corporate housing companies can adapt to this new reality
Three things you can do now to prepare for the new world of mobility-- plus two lightning rounds of additional takeaways!

http://www.chpaonline.org/future

In times of fear, the natural response is fight, flight, or freeze. But it’s critical that business leaders resist the urge to freeze and instead focus on innovations that will spark demand and carry their organizations out of the economic recession.

In this 30 minute podcast, you'll hear:

• Futurist Brian David Johnson discuss the pitfalls of fear-based decision making
• Futurist Steve Brown discuss the pandemic as "The Great Accelerator" as technology is now being developed and implemented out of neccessity
• Lukas Krause from National Corporate Housing outline his company's strategy for innovating during this downturn

In response to COVID-19, corporate housing companies are adopting new cleaning and disinfecting procedures to ensure guest safety. This commitment to duty of care is a key differentiator in our industry, and it's never been more critical.

In this 40-minute podcast, you will hear:

• Futurist Brian David Johnson discuss the COVID-19 pandemic
• CHPA CEO Mary Ann Passi provide stats from the latest CHPA survey on what
  companies are doing to keep guests safe
• Dan DeClerico of HomeAdvisor discuss how service providers must adapt to new expectations when servicing residential spaces
• Robyn Joliat, CCHP of RESIDE Worldwide detail the new cleaning procedures put into place by her company, as well as how these changes are communicated to guests, clients and supply chain partners
• Mark Strumwasser, CCHP, of Sunshine Rentals outline steps to ensure cleaning products are being used appropriately and effectively
• Four things you can do to now to adopt new cleaning procedures and demonstrate your duty of care

Video and resources available at: www.chpaonline.org/future

The COVID-19 pandemic quickly destabilized all the processes and procedures we know and rely on. Where do we go from here? What will this mean for business travel?

In this 20 minute podcast, you will hear:

Futurist Brian David Johnson discuss the COVID-19 pandemic
Clive Wratten, CEO of the Business Travel Association, discuss how this has impacted the travel industry, and how the industry's adjusting to the new normal
Three things you can do to now to equip your company to be more resilient in the face of this crisis

What is serviced accommodation, and what are the pros and cons of this property investing strategy? Instead of renting a property in the traditional sense for a number of years, this strategy focuses on short term lets - taking a property and treating it more like a guest house or hotel. In recent years companies such as Airbnb have completely revolutionsed this market, and in doing so, have created new opportunities for property owners to leverage their existing assets to achieve higher cash flow. You’ll hear from four members of the WealthBuilders Community who share their experiences, along with a whole host of things you have to learn about - not just delivering the service, but how do you get the customers in the first place? What's your tenant type? Are you catering for corporate customers, or leisure, or both? Where's the location? Is there a demand for people who would want to rent for short term?

Show contributors - Ian McBain, Ian Morton, Adrian Taylor, Lee Pemberton.

Resources Mentioned In This Episode:

https://www.airbnb.co.uk

https://www.booking.com

https://www.expedia.co.uk/

Find Out More About The WealthBuilders Academy. 

A step by step process to help you create, build and protect your wealth. 

https://www.wealthbuilders.co.uk/academy

Register for Free Access to the WealthBuilders Membership Site

https://www.wealthbuilders.co.uk/membership

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