With Serviced Accommodation you need to provide all of the home comforts for your guests as they are only going to for a day or two. Additionally, you will need to have a team of reliable professionals such as lawyers, surveyors and agents in place to help with the deal. The Serviced Accommodation Blueprint course is designed to teach you how to take advantage of the UK’s fastest-growing property strategies, how to accelerate the process of obtaining deals and how to safeguard the longevity of a serviced accommodation business. Receive an overview of the different types of property mindset, explore awareness and review beliefs.

What is deal packaging? - Touchstone Education

Serviced Accommodation – Arguably the fresh cream on the top of the Mocha Frappuccino of the property world. The Limited Company Essentials Course is made for anybody that wishes to have a property investment business which includes multiple properties. All you need is some pictures of your rooms, a short description of why someone would want to stay there and a couple of favorable reviews to get the ball rolling. Q. If I were to acquire a new rent to rent property, what major differences would there be if I made it Serviced Accommodation?As a serviced accommodation manager, you will likely be providing considerably more hotel-like services (daily cleaning, laundry service, etc) than standard short-term rentals (which commonly offer a more self-catering set-up). Additionally, Stamp Duty Land Tax is significantly cheaper on commercial property and if you go as far as purchasing the limited company that the commercial property is held in you only need to pay 0. What’s more, Rentals United’s Property Health Cards function can check over your listings to ensure that they are optimised for maximum conversions on OTAs. Residential properties are generally more accessible and easier to finance than commercial properties. Organize a cleaner and laundry service Fresh clean sheets are the starting point for a good night s sleep.

Serviced Accommodation Management: The 5 Pillars of Success Serviced Accommodation Management: The 5 Pillars of Success

Many of our Mastermind students choose to do this, because it frees up more time for higher value work, such as finding new deals. The student living crisis, meaning that significant numbers of students are without standard accommodation, is affecting the majority of the UK. If the discount rate falls (as implied by lower official interest rates), the net present value of a home rises. How To Turn A House Into A Hands-free Hotel Business Thank you for downloading your copy of this report. If business travellers are part of your target audience, it is encouraged that you look for areas where company headquarters are based or conference centres are nearby.In both cases they connected through Hapipod, a site launched last summer as a way to reduce midlife loneliness while enabling key workers and students to find less expensive accommodation close to their universities, hospitals and other places of work. Use the government rules that most do not know about to pay very little income tax on your profits, all 100% legitimate using long established HMRC rules. Many, many people don’t get into Serviced Accommodation because of some myth, or some idea that they’ve had, something that somebody’s told them. Because if you rent the property on some sort of AST, an assured shorthand tenancy or equivalent, you’ll lose a fantastic amount of the benefits, and you won’t really have an agreement at all. This type of accommodation can be used for anything from short, one-night stays to rents for several months.