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Serviced Accommodation Secrets: Starting and Scaling Your Rent to Rent SA Business to £10K a Month & Beyond
That’s what a study by the Royal Society of Arts found in 2018. (Spreadsheet link fixed since some customer reviews noted it wasn't accessible). Are you part of that 70%? Or maybe you’re part of the 60% of respondents who admitted to low job satisfaction? If that’s you, it’s time to do something different. Rent to Rent Serviced Accommodation changed my life. I went from being an over-worked and underpaid IT employee, with a daily commute that I dreaded - to building my R2R SA business to over £10,000 a month in profit. Perhaps you’ve already got started but faced common problems like Letting Agents rejecting and dismissing your proposals, or not being able to pass their referencing checks? Maybe you’ve faced issues with apartment freeholders being opposed to your business model? As a new SA operator, there’s so many roadblocks that can prevent you from reaching financial freedom and prosperity. With guidance from this book, you can learn from the countless mistakes I made during my R2R journey – and finally get your breakthrough in this incredibly life-changing business.
Here’s a glimpse into what you’ll discover under the · The important property professional that 99% of investors are forgetting to work with… · How to land multiple R2SA units in one deal, even as a complete beginner · The four secrets of SA, that nobody else will tell you · Complete shopping-lists of all the furniture you’ll need for each unit · Two ways to outsource the WHOLE BUSINESS to get your time back · 4 pricing strategies to destroy your local competition · 5 secrets to getting better (and more) reviews on the OTA’s revealed · How to be fully legally-compliant when selling on R2R deals to other investors · The three biggest misconceptions new investors have, that lead to failure · How to turn a huge profit if you’re in London, even with the new & restrictive 90-day rule · Discover how you can outsource the most time-consuming tasks (so you don't create another 9-5 job) · The #1 rule you must stick to for every deal · And much more!
*Bonus* - Every purchase includes a FREE downloadable Deal Analysis Spreadsheet so that you can quickly determine which deals are profitable, and which are not – saving you hours of head scratching and indecision. No matter whether you’ve already got started or whether you’re a complete beginner to Rent to Serviced Accommodation – with the proven insights, advice, and secrets revealed to you in this book - you too will know exactly how to start and scale your R2SA Business from nothing to over £10,000 a month. So if you’re ready to escape the “ chronically broke ”, become cash flow rich and have a business that affords you freedom, time with your loved ones, and the life you dreamed of, then…
Here’s a glimpse into what you’ll discover under the · The important property professional that 99% of investors are forgetting to work with… · How to land multiple R2SA units in one deal, even as a complete beginner · The four secrets of SA, that nobody else will tell you · Complete shopping-lists of all the furniture you’ll need for each unit · Two ways to outsource the WHOLE BUSINESS to get your time back · 4 pricing strategies to destroy your local competition · 5 secrets to getting better (and more) reviews on the OTA’s revealed · How to be fully legally-compliant when selling on R2R deals to other investors · The three biggest misconceptions new investors have, that lead to failure · How to turn a huge profit if you’re in London, even with the new & restrictive 90-day rule · Discover how you can outsource the most time-consuming tasks (so you don't create another 9-5 job) · The #1 rule you must stick to for every deal · And much more!
*Bonus* - Every purchase includes a FREE downloadable Deal Analysis Spreadsheet so that you can quickly determine which deals are profitable, and which are not – saving you hours of head scratching and indecision. No matter whether you’ve already got started or whether you’re a complete beginner to Rent to Serviced Accommodation – with the proven insights, advice, and secrets revealed to you in this book - you too will know exactly how to start and scale your R2SA Business from nothing to over £10,000 a month. So if you’re ready to escape the “ chronically broke ”, become cash flow rich and have a business that affords you freedom, time with your loved ones, and the life you dreamed of, then…
201 pages, Kindle Edition
Published May 21, 2020
15 people are currently reading
3 people want to read
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Displaying 1 - 2 of 2 reviews
August 18, 2024
A short but edifying refresher on the basics of running a Serviced Accommodation company.
Personally, had I not already learned many of these lessons the hard way over the past few months, I would likely have found the contents in the book more practically useful. Currently, much of it still serves as a useful reminder to not neglect the fundamentals.
There were things that I simply did not know about. For instance, the website to get VAs. But the basics on deal sourcing, deal analysis, dynamic pricing, and more - I was already aware of.
Perhaps I'm just outside the line of the book's ideal target audience. Things that would possibly have improved the book:
- More details on sourcing deals. Where to find them, how to negotiate with LLs, common objections and how to handle them
- Review management, offering late/early check-ins. Upselling on this too, if possible
- Guest guidance/check-in strategies
- Exploring the different linen set ups (linen hire, self-service, on-prem wash, launderette service)
- Finding cleaners at good rates, vetting them, scheduling them.
- Comparing channel managers on a basic level
- Security deposits and their pros/cons with a little more breakdown in terms of numbers
My impression is that Hugo has largely relied on management companies and isn't as in-touch with the graft on the ground as much anymore.
Personally, had I not already learned many of these lessons the hard way over the past few months, I would likely have found the contents in the book more practically useful. Currently, much of it still serves as a useful reminder to not neglect the fundamentals.
There were things that I simply did not know about. For instance, the website to get VAs. But the basics on deal sourcing, deal analysis, dynamic pricing, and more - I was already aware of.
Perhaps I'm just outside the line of the book's ideal target audience. Things that would possibly have improved the book:
- More details on sourcing deals. Where to find them, how to negotiate with LLs, common objections and how to handle them
- Review management, offering late/early check-ins. Upselling on this too, if possible
- Guest guidance/check-in strategies
- Exploring the different linen set ups (linen hire, self-service, on-prem wash, launderette service)
- Finding cleaners at good rates, vetting them, scheduling them.
- Comparing channel managers on a basic level
- Security deposits and their pros/cons with a little more breakdown in terms of numbers
My impression is that Hugo has largely relied on management companies and isn't as in-touch with the graft on the ground as much anymore.
September 21, 2022
Very informative
A well structured book outlining the steps, work and procedures needed. This book shows the level hard work and organisation required for those serious in running a rent to rent AS business professionally. In particular, I am very appreciative of the lists of software packages for the different tasks.
A well structured book outlining the steps, work and procedures needed. This book shows the level hard work and organisation required for those serious in running a rent to rent AS business professionally. In particular, I am very appreciative of the lists of software packages for the different tasks.
Displaying 1 - 2 of 2 reviews