Serviced Accommodation Vs Buy-To-Let: In a recent video, I show you how one of my students bought a property with less than £12,000 left in the deal. Now, the property is generating around £1,000 per month in profit!
If you want to see exactly how this strategy works, and see a full explanation of the numbers, make sure to watch the video until the very end. You can watch the video on this blog post, or via YouTube. If you watch the video on YouTube, drop me a comment letting me know what you think of the method.
One part of the strategy is renting the property as serviced accommodation, rather than as a traditional buy-to-let. Many landlords are now making the switch to providing serviced accommodation on sites like Airbnb and Booking.com, but what is driving this change?
In this article, we will explore the serviced accommodation vs buy-to-let question, and explain why property investors are increasingly choosing the former. If you are considering the best way to rent your property, this blog post is for you!
A lot of landlords are looking for ways to increase their yields. Regulations are crushing many property investors. So now is a great time to take a look at the serviced accommodation vs buy-to-let question. That’s why I wrote this article. But I need it to get into the hands of the right people. That’s where you come in!
Please could you post this article on your social media pages, and tag 3 landlords who could benefit from learning about serviced accommodation? This could help save struggling property investors from being pushed out of the market by the government, and avoid massive corporations taking over the rental market!
Taking the time to share our content can really have a massive impact, and I want to thank everyone who is kind enough to do so!
1. Serviced Accommodation Vs Buy-To-Let: Tenants Rights!
In recent years, the government has burdened landlords with increasingly harsh rules. Tenants rights make it very hard to remove a bad tenant, and compliance requirements have become much harder.
When you rent your property on short-stay lets, as serviced accommodation, your customer is a guest not a tenant. They don’t have tenants rights! If they don’t pay, you can have them removed!
2. Serviced Accommodation Vs Buy-To-Let: Return On Investment!
It is becoming harder to be profitable as a traditional buy-to-let investor in the UK. Some amateur landlords are selling their properties, and moving on!
Short-stay lets offer a much higher return on investment (ROI). Rather than competing with other landlords, serviced accommodation competes with hotels. This means you can charge significantly more.
3. Serviced Accommodation Vs Buy-To-Let: Serviced Accommodation Isn’t Just For Tourists!
Many people think of serviced accommodation as somewhere for people to stay while on holiday. They think it only works in tourist hotspots, and requires a luxury, high-end property.
In reality, there are many different users of serviced accommodation. Contractors, business people, people moving to a new area, to name but a few! You could have a property perfect for short-stay lets, and not even know it!
Serviced Accommodation Vs Buy-To-Let: Property Training!
Serviced accommodation vs buy-to-let, whichever you choose you will need some property training to get the best returns! Join me at my next introductory online training event!
We have different online trainings throughout the year, each teaching different things. Here is a sample of what you could learn on one of our online introductory webinars:
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The SECRETS to becoming a successful property investor
Get immediate and actionable insights to accelerate your property investment journey.
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How to LEVERAGE other people's money to get started
Begin to understand the strategies to use to reduce the barriers to getting started.
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How to FIND fantastic property opportunities
Understand where property professionals source the best deals.
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How to RECYCLE your money again and again
Don't just do it once, repeat the process to build your property portfolio.
Property investing is not just for the rich! Learn the strategies that thousands of people have used to not only start investing, but become financially free! Tickets are free, so book your property training webinar now. If you are ready to take action, I hope to see you very soon!
