Simon and Stuart take a look at serviced accommodation and how it can be used to replace the average UK salary. Listen for a realistic exploration of the figures involved, investment required and time needed to build a serviced accommodation business.
Sorry for the fluctuating audio!
The chat this week includes:
* Replacing your salary with rent-to-rent (https://www.thebusinessofproperty.com/80).
* Replacing your salary with an HMO portfolio (https://www.thebusinessofproperty.com/82).
* Replacing your salary with a buy to let portfolio (https://www.thebusinessofproperty.com/86).
* Stuart's recent experience with serviced accommodation.
* Concerns about longer Airbnb bookings.
* Handling cleaning and maintenance during a longer SA booking.
* Are guests scared of free cakes?
* Serviced accommodation setup costs.
* Thinking about voids / occupancy.
* Dynamic pricing.
* Our calculations for replacing your salary with serviced accommodation.
* More pleasant customer contact.
* Serviced accommodation feels more like building a business.
Please leave us a rating and review if you're enjoying the show.
