Serviced Accommodation (SA) Mistakes | Serviced Accommodation Business | Saj Hussain
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- čas přidán 2. 08. 2024
- Serviced Accommodation is also known as SA and the AirBnB model has become very popular in the last few years simply because of the higher profits achievable compared to regular Buy To Let or HMOs. However, there are a few common pitfalls that we have seen service accommodation strategy operators fall into over the years. In this video, I share with you the 5 key mistakes that we see Serviced Accommodation businesses making and how you can avoid them.
#servicedaccommodation #SA #airbnb
Serviced Accommodation is super popular right now and the reason is you can make a phenomenal amount of money without starting with a huge amount. Now the thing is during the time we've been involved in this business over the last few years we've seen so many operators just come and go. That's because they make so many mistakes. In this video, I want to share with you the key mistakes that you need to avoid to build a successful Serviced Accommodation business.
#servicedaccommodation #shortstayaccommodation #aibnbhosting
0:00 - Introduction to Serviced Accommodation as a popular property strategy
0:50 - Doing your Due Diligence
2:47 - Scoping out the location and things to look out for
5:28 - Treating this like any other business compared to other property strategies
8:00 - Getting the right paperwork and contracts in place
10:17 - Best way to scale up the business and what to avoid
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I’m Saj Hussain and I’m your expert guide through the world of UK property development and investment, and I want to give you the easy to understand property advice that turns bricks and mortar into assets and cash flow. In my free property training videos, I’ll show you the property strategies I use so you can generate wealth through the UK property market.
Thanks saj.bless you.
How to analyse that this location is good as SA for all season people ?
Hi Saj, do you think service would work in Sparkhill as I have two flats available in a converted house off Stratford Road
Not sure, may work for the cheaper end of the market. I would firstly research the competition to see what accommodation is currently available for short stay in the area.
@@TheSajHussain thanks for reply bro
Great video for people who want to learn all about SA
Thanks Kal
Hi Saj any way to contact you I need some advice
Hi Mohsin, you can message me via any of the social media platforms or through the contact as form on our website SajHussain.com
Is SA recession proof?
SA is done to death, 1100 odd airbnb listings here in Plymouth alone.
Saj if you were starting from scratch today with 250k liquid cash what strategy would you adopt given the current economic climate ?
create training you charge money for? £2000 a time. 50 at seminar. 6 times a year. Always new suckers