Observe the Masses & Open a Holiday Let During Covid!

Expat Property Story

#177
Are you looking for an example of someone who observed the masses and did the opposite?
Are you tempted by Serviced Accommodation?
Have you thought about investing in a large holiday let?
Are you up to speed with the proposed changes in short stay legislation?
Have you ever wondered whether hot tubs are worth the hassle?
If any of the above applies to you, Phil Saunders, writer for YPN magazine covers all of the above and much much more!
Phil's story has loads of lessons for us all and he also has some handy tips for picking a serviced accommodation managing agent, so make sure you listen to the end.
Check out more about Phil
Our article in YPN
Our article in Property Hub
During the episode, we discuss:

• Principle of "observe the masses and do the opposite."
• Acquisition of a glamping site.
• Using yurts for low-cost setup.
• Profit-sharing deal with a farmer for land use.
• Strategic property purchases in Peak District during COVID.
• Securing rental properties with a guarantee during lockdown.
• Surge in bookings post-lockdown.
• Hot tub impact on revenue.
• Strategies for managing and profit maximization.
• Joint venture with equal profit and capital growth split.
• Expanding portfolio with 15 houses and eight JV partners.
• Self-management challenges for expats.
• Advice for scrutinizing management agent contracts.
• Questions to identify a good managing agent.
• Importance of dynamic pricing software.
• Emphasis on consistency, persistence, and focus for property success.
• Getting started with limited capital.
• Creative gap identification and market strategies.
• Scottish government challenges in licensing.
• Potential UK government regulations for holiday lets.
• 
  

We help time poor professionals get a good return on their money by investing with us. Schedule a call

Leave an honest review of Expat Property Story
Join our Mailing List to join our WhatsApp group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly Newsletter
Follow the Show on Instagram
Tell us the one thing you’re struggling with in UK property

Details of where to meet other Expat Property Investors (For FREE!!!):

Hong Kong: Pacific Coffee, 2/F, Central Building, Central (first Saturday of each month from 11:30 am)

Dubai: Holiday Inn, Science Park (first Wednesday of each month from 7pm)

Singapore: The Providore at VivoCity (first Saturday of each month from 10:30 am)

Keywords
Observe the masses, Warren Buffett, Super host, Holiday lets, Property management, Joint ventures (JV), Peak District, COVID-19 opportunities, Glamping site, Yurts, Rent to SA, Hot tub maintenance, Dynamic pricing, Self-management, Managing agents, Direct bookings, Property investing, Consistency, Persistence, Focus, Licensing scheme, Capital allowances, Regulation, VAT threshold