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Το περιεχόμενο παρέχεται από το Kevin Poneskis. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Kevin Poneskis ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
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Curated Questions: Conversations Celebrating the Power of Questions!
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Episode Notes [03:47] Seth's Early Understanding of Questions [04:33] The Power of Questions [05:25] Building Relationships Through Questions [06:41] This is Strategy: Focus on Questions [10:21] Gamifying Questions [11:34] Conversations as Infinite Games [15:32] Creating Tension with Questions [20:46] Effective Questioning Techniques [23:21] Empathy and Engagement [34:33] Strategy and Culture [35:22] Microsoft's Transformation [36:00] Global Perspectives on Questions [39:39] Caring in a Challenging World Resources Mentioned The Dip by Seth Godin Linchpin by Seth Godin Purple Cow by Seth Godin Tribes by Seth Godin This Is Marketing by Seth Godin The Carbon Almanac This is Strategy by Seth Godin Seth's Blog What Does it Sound Like When You Change Your Mind? by Seth Godin Value Creation Masterclass by Seth Godin on Udemy The Strategy Deck by Seth Godin Taylor Swift Jimmy Smith Jimmy Smith Curated Questions Episode Supercuts Priya Parker Techstars Satya Nadella Microsoft Steve Ballmer Acumen Jerry Colonna Unleashing the Idea Virus by Seth Godin Tim Ferriss podcast with Seth Godin Seth Godin website Beauty Pill Producer Ben Ford Questions Asked When did you first understand the power of questions? What do you do to get under the layer to really get down to those lower levels? Is it just follow-up questions, mindset, worldview, and how that works for you? How'd you get this job anyway? What are things like around here? What did your boss do before they were your boss? Wow did you end up with this job? Why are questions such a big part of This is Strategy? If you had to charge ten times as much as you charge now, what would you do differently? If it had to be free, what would you do differently? Who's it for, and what's it for? What is the change we seek to make? How did you choose the questions for The Strategy Deck? How big is our circle of us? How many people do I care about? Is the change we're making contagious? Are there other ways to gamify the use of questions? Any other thoughts on how questions might be gamified? How do we play games with other people where we're aware of what it would be for them to win and for us to win? What is it that you're challenged by? What is it that you want to share? What is it that you're afraid of? If there isn't a change, then why are we wasting our time? Can you define tension? What kind of haircut do you want? How long has it been since your last haircut? How might one think about intentionally creating that question? What factors should someone think about as they use questions to create tension? How was school today? What is the kind of interaction I'm hoping for over time? How do I ask a different sort of question that over time will be answered with how was school today? Were there any easy questions on your math homework? Did anything good happen at school today? What tension am I here to create? What wrong questions continue to be asked? What temperature is it outside? When the person you could have been meets the person you are becoming, is it going to be a cause for celebration or heartbreak? What are the questions we're going to ask each other? What was life like at the dinner table when you were growing up? What are we really trying to accomplish? How do you have this cogent two sentence explanation of what you do? How many clicks can we get per visit? What would happen if there was a webpage that was designed to get you to leave? What were the questions that were being asked by people in authority at Yahoo in 1999? How did the stock do today? Is anything broken? What can you do today that will make the stock go up tomorrow? What are risks worth taking? What are we doing that might not work but that supports our mission? What was the last thing you did that didn't work, and what did we learn from it? What have we done to so delight our core customers that they're telling other people? How has your international circle informed your life of questions? What do I believe that other people don't believe? What do I see that other people don't see? What do I take for granted that other people don't take for granted? What would blank do? What would Bob do? What would Jill do? What would Susan do? What happened to them? What system are they in that made them decide that that was the right thing to do? And then how do we change the system? How given the state of the world, do you manage to continue to care as much as you do? Do you walk to school or take your lunch? If you all can only care if things are going well, then what does that mean about caring? Should I have spent the last 50 years curled up in a ball? How do we go to the foundation and create community action?…
The Serviced Accommodation Property Podcast
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Manage series 2462848
Το περιεχόμενο παρέχεται από το Kevin Poneskis. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Kevin Poneskis ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
In The Serviced Accommodation Property Podcast you will learn how to Start, Systemise and scale a profitable Serviced Accommodation Business. Kevin served 24 years in the British Army, serving mostly in a Commando unit and retired at the rank of Regimental Sergeant Major, he left the Army in 2011 to became a full-time property investor. For most of his Army career, Kevin was investing in property and has been a successful property investor now for over 27 years which is why he is known as the Property Soldier. Serviced Accommodation is now Kevin’s preferred income generating strategy so Let Serviced Accommodation help you like it's helped Kevin by joining us on this podcast.
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119 επεισόδια
Σήμανση όλων ότι έχουν ή δεν έχουν αναπαραχθεί ...
Manage series 2462848
Το περιεχόμενο παρέχεται από το Kevin Poneskis. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Kevin Poneskis ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
In The Serviced Accommodation Property Podcast you will learn how to Start, Systemise and scale a profitable Serviced Accommodation Business. Kevin served 24 years in the British Army, serving mostly in a Commando unit and retired at the rank of Regimental Sergeant Major, he left the Army in 2011 to became a full-time property investor. For most of his Army career, Kevin was investing in property and has been a successful property investor now for over 27 years which is why he is known as the Property Soldier. Serviced Accommodation is now Kevin’s preferred income generating strategy so Let Serviced Accommodation help you like it's helped Kevin by joining us on this podcast.
…
continue reading
119 επεισόδια
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
1 The Digital Visibility Formula: Turning Social Media & SEO into SA Bookings with Di Forester 39:51
During this episode, Di Forster who is a social media, and marketing expert who has been working with businesses like yours for 19+ years, shares some highly effective tips and techniques. Golden nuggets of information that are especially relevant for SA owners. She provides you with a breakdown of each of the marketing channels, shares the pros and cons of each of them and explains how you as a SA owner can use them to increase bookings. KEY TAKEAWAYS You have to cut through the noise and get people´s attention. You can´t outspend the big companies, but you can be smarter. Know your audience and create content that appeals to them. A website for mostly contractor guests will look very different from one aimed at attracting families. Focus on solving problems for your target guests e.g. highlight free parking. Make sure your website answers your audience´s questions. Focus your marketing efforts on people who are ready to book, rather than those who are just browsing. How you set up your Google Business Profile matters. Putting the right content on your website enables you to rank high for people who are looking for accommodation in your area. Do the maths when paying for ads. Use the social media platforms that your target audience uses. Di explains how to work out which ones to use. Re-purpose your content e.g. a single video can be cut up and posted across multiple platforms. Start posting on YouTube, it´s a Google asset. Post regularly if you don´t you´ll slip down the rankings. Use offers to tempt people to book direct. Target local events that attract visitors e.g. graduations, Christmas markets, etc. Plan your marketing now for events that are taking place next year in your area. For each block of a page include a call to action and the ability to book. Include WhatsApp as a contact method. Most people now prefer to use WA. BEST MOMENTS ‘ You have to differentiate yourself from everybody else because there's so much c**p out there .’ ‘ $436.6 billion is spent on advertising . ’ ‘ So, you've got a higher chance of beating booking.com and Airbnb because you're focusing on location. ’ “Your customer needs to see the telephone number, to see the button to book now, because they can't be asked to scroll back up” “Content is still king, that's not changed for 20 years.” GUEST RESOURCES https://www.linkedin.com/in/diforsterecommerce https://www.advansys.com VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast- https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/ propertysoldier kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
Today´s guest Shimon Rudich is a prolific property investor who has used all of the different strategies and taught over 13,000 people to do the same. He also runs MS Law, a firm Kevin has personally used, for many years. For this episode, Shimon focuses on creative financing strategies. In particular, the different ways you can use lease options, title-splitting and commercial to residential deals. Importantly, Shimon also explains how to avoid the most common issues with these more creative property investment strategies. KEY TAKEAWAYS Using lease options avoids the need for a deposit, or a mortgage and avoids all kinds of legal fees. Lease options enable you to make money from a property as if it were already yours. Use short lease options to make money faster. Exercise your right to buy as soon as you can. Don´t forget to exercise your right to buy on time. Surprisingly, a lot of people do forget to do so. Be realistic and fully understand what happens if the vendor or tenant breaks the contract. You must keep in touch with the vendor throughout the lease period. Shimon explains why not doing so can cost you a lot of money. Look for large properties with a staircase in the middle to convert into flats and use title-splitting. Title-splitting can be used for commercial conversions, which are still incredibly profitable. Especially when combined with SA. Win wins clinch deals fast. Always use proper joint venture agreements drawn up by a contract solicitor. BEST MOMENTS ‘I have a vested interest that you are successful – I make money only if you are successful.’ ‘The best way to get people (the vendor) to stay in touch is to incentivise them.’ ‘If you are not closing deals every single month you are not doing something right.’ ‘ You can still make money from commercial conventions, even if you don't have any money. ’ GUEST RESOURCES https://ms-law.co.uk/ Shimon@ms-law.co.uk https://www.facebook.com/shimon.rudich/ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast- https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/ propertysoldier kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
This episode is Kevin´s initial reaction to the UK´s Spring Budget of 2024 and other reforms. Including the Renter´s Reform Bill, the abolition of section 24, changes to the furnished holiday let tax regime, new short-term rental regimes, enhanced fire safety standards, the Tour Operators Margin Schemes (TOMS) and more. Kevin explains why despite the changes, building and running a property portfolio is still an excellent business option, especially the various SA models. Listen to find out how to navigate these changes and turn them to your advantage. KEY TAKEAWAYS Changes to legislation, the market etc. are inevitable. No matter what that change is the answer is always to stay calm, adapt and carry on. Lots of people are put off by change, so will leave the sector, which creates more opportunities for those who persevere. Often, seemingly negative changes actually generate more opportunities e.g. SA went nuts during CoVid. There are always ways around things. New ways to do business. Most of the SA-related changes do not affect hotels or B&Bs. The rent to SA playing field just got better. More Buy to Let landlords are going to say yes to rent to SA. The VAT changes creates more opportunities. Commercial conversion to SA is not affected by the new legislation. BEST MOMENTS ‘When more people pull out of the sector that just creates opportunities.’ ‘The Renter´s Reform Bill is actually going to help serviced accommodation.’ ‘Hysterical headlines are going to help.’ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast- https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/ propertysoldier kevin@propertysoldier.co.uk…
Today’s episode of the Serviced Accommodation Podcast is all about turning guesthouses, B&Bs and hotels into apart-hotels. Something that Mark Hodgkiss has already done several times, so the information in this podcast is like gold dust. It includes how to source properties, convince owners to sell, structure an exchange with a delayed completion deal, finance it, complete the transformation, and run the business. KEY TAKEAWAYS Turning hotels and B&Bs into serviced accommodation (SA), should not be the first SA deal you do. B&Bs are typically found in central locations, undervalued and there are not many buyers. Adding rooms and improving the quality of the rooms can easily double profitability. Locals typically view this type of development favourably. Apart hotels are not 100% hands-off, but they are easier to run than you think. Adding kitchenettes makes them more attractive. You don´t have to necessarily wait until the business is put up for sale. Mark explains how to approach owners and put a business proposition to them that is hard to resist. BEST MOMENTS ‘That will result in almost doubling of the business.’ ‘It´s not set and forget, but it´s getting easier.’ ‘If you can offer the tools to be able to fulfil what they need out of the sale you are in a good position.’ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast- https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki EPISODE RESOURCES info@inhotproperty.co.uk https://www.facebook.com/InHotProperty/ Property Log Chrome Extension - https://chromewebstore.google.com/detail/property-log/jccihedpilhidcbkconacnalppdeecno?hl=en-GB Podio - https://www.podio.com/ ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/ propertysoldier kevin@propertysoldier.co.uk…
Shimon Rudich, who is himself a property investor and a very experienced solicitor, explains how to use joint venture partners to accelerate your growth. Shimon covers, identifying what skills and assets your business needs and finding the right partner to fill those gaps, enabling both of you to make more money, faster. KEY TAKEAWAYS Don’t skip any of the checks Shimon Rudich shares when setting up a joint venture deal. Due diligence is essential. Only use the joint venture approach when you can achieve more than you would if you went it alone. Some people are not cut out for the joint venture approach. There are many different types of joint venture. It could be exchanging labour, money, expertise or something else for a cut of the profits. Understand which of the money making skills and assets you are lacking in, and then find partners to fill those gaps. You have to get on well with your joint venture partner. Never joint venture with someone who is not honest. BEST MOMENTS ‘If you don’t do your due diligence and then you lose your money you have only yourself to blame. ’ ‘You joint venture when two plus two makes five.’ ‘ You must know exactly what you're seeking and what you're offering. ’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast- https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES https://www.facebook.com/shimon.rudich/ shimon@ms-law.co.uk ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
Today´s episode features Joe Catcheside, who has been a property investor for 26 years. He also does serviced accommodation, including using the rent-to-serviced accommodation model. Joe explains how he builds positive relationships with sales and letting agents as a way of finding and setting up properties for rent to SA. KEY TAKEAWAYS Estate agents will tell you about properties before they are advertised and connect you with landlords who own multiple properties. Property sales are down by 25 to 33%, which means agents are keen to speak to property developers. If you want something from somebody, your best starting point is to work out what they want. When you give the agent a market advantage, they will want to do business with you. Joe explains how to do this. Agents make a lot of their money through referrals to mortgage brokers, insurance firms etc. If you need something, ask the agent for a referral so they make money off you. Consider paying an agent a monthly fee for their help. Understanding whether an agency is corporate, independent or franchise massively impacts the approach you need to take. Build relationships with the gatekeepers, so you can get to the decision maker. Look as professional as possible e.g., subscribe to the Property Ombudsman or the Property Redress Scheme. BEST MOMENTS ‘Estate agency as a bracket sells 98% of residential property in the UK.’ ‘Don´t burn all your energy trying to create a deal that isn’t going to get past the regional team.’ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES jcatcheside@masswick.com https://www.facebook.com/jpcatcheside https://uk.linkedin.com/in/joe-catcheside-9413a321 ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
Mikey Small is an SA consultant who is very experienced with the Rent to SA, SA management, and buy-refurbish-refinance into S A business models. He shares examples of sourcing properties directly from landlords and finding and buying them via letting agents. While explaining how to find the best leads, connect with the seller and close the deal. KEY TAKEAWAYS Building rapport is key to being able to make deals. Be your authentic self and genuinely interested in others to build rapport. Focus on the fact that the person you are buying from is driven by emotions and the events that are happening in their lives. You need to be interested in them as people and what is driving them. Networking is an important part of uncovering potential deals. You do not need to be perfect. If you wait for that you will never take that first step. Be persistent. Set high goals and confront your fear of rejection. BEST MOMENTS ‘It´s also down to the quality of the leads that you´re generating.’ ‘It is a relationship business.’ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki EPISODE RESOURCES How to Win Friends and Influence People - https://www.amazon.co.uk/HOW-WIN-FRIENDS-INFLUENCE-PEOPLE/dp/9387944867/ Go For No - https://www.amazon.co.uk/Go-No-Yes-Destination-There/dp/B00LNI1RUU/ ABOUT THE GUEST ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
In this episode, Henri Ghijben who is a multi-million-pound business owner explains how to quickly source serviced accommodation properties. He owns a portfolio of 14 serviced accommodation properties and manages several others. Henri is the master of finding B&Bs, doing the deal, and turning them into serviced accommodation. Learn how to stop procrastinating and free up more of your time to find landlords, do the deal, and grow your SA business fast. KEY TAKEAWAY S People who avoid failure also avoid success. If you fail, you learn and grow stronger. SA is a numbers game. Losing 3 or 4 hrs of networking or negotiation time to stuffing envelopes is nuts. Pay someone to do the admin etc. Social media is a great place to find deals but use it in the right way. Dreams without action equals procrastination. Co-working offices are the business version of Wetherspoons, they are great for networking, being around positive people, and finding deals. Your ability to solve problems quickly and be decisive has a direct impact on how successful you are. Self-care is essential. Diet impacts energy levels. Have a power hour and hammer that phone speaking to agents. Be relentless, never give up. Direct mailing using small gifts is a powerful way to get someone's attention. BEST MOMENTS ‘Failure doesn’t exist…. You either win or learn.’ ‘ Property is a people's game. It's a relationship game .’ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES https://www.facebook.com/henri.ghijben https://m.facebook.com/failforwardhenri/ Fail Forward with Henri Ghijben Podcast - https://podcasts.apple.com/gb/podcast/fail-forward/id1618730618 ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
In this episode, Di Foster, who is the marketing expert Kevin uses, provides details of the most effective ways landlords can promote their serviced accommodation. She covers online, print, social, and much more. Including GMB, PPC, Email marketing, QR codes, and SEO. By the end of this episode, which is full of golden nuggets, you´ll be able to understand what type of marketing will fit your business best. KEY TAKEAWAYS Know your audience. About 95% of them do not know where they want to stay, your marketing needs to target them. Create marketing for upcoming local events as soon as you hear about them e.g., concerts and conferences. You need a website, social and GMB is vital, but it is not enough. Having different landing pages enables you to niche down, beat the big players, and appeal to customers with different needs. Mix up what you do on social media so that you appeal to different types of customers. Don’t dismiss QR codes. BEST MOMENTS ‘ Make an informed decision on which marketing channels to concentrate on because you can't do it all ’ ‘ Location is key from a marketing perspective, ’ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES Instagram - https://www.instagram.com/diforster.uk Website - https://www.advansys.com Email - diane@advansys.com ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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In this episode of the Serviced Accommodation Property Podcast, host Kevin Poneskis interviews Will Parry, CEO of Altido, a hospitality management company that manages hotels and service accommodations across Western Europe. Will shares his journey and the story of Altido, as well as lessons he's learned along the way that may be useful to listeners as they grow their own businesses and portfolios. KEY TAKEAWAYS Altido started as a small Airbnb management company and has since grown through mergers and acquisitions, with a goal to diversify and establish an international footprint to attract potential investors and achieve an exit one day. The speaker emphasizes the importance of having experienced staff and operational systems in property management, as well as building and investing in a central office to run core functions. Altido is a full management operator for urban properties in Europe, but also offers services to support other businesses and individuals who don't have the time to deal with guests, marketing, and revenue management. The speaker talks about how their hard work and industry connections led to a stroke of luck where they were able to buy clients from a company that had gone into administration, and how their remote team in Bulgaria has grown to 100 people. The speaker discusses important factors to consider when starting a business, including diversification, passive income, ambitions, and whether the business is a lifestyle or impact business, as well as the importance of maintaining growth and managing fixed overheads, particularly for seasonal businesses. BEST MOMENTS "Altido started as a small Airbnb management company and has since grown through mergers and acquisitions. They now manage over 2000 properties and have over 1000 beds through their pop-up hotel model." "Altido is a full management operator for urban properties in Europe, but also offers services to support other businesses and individuals who don't have the time to deal with guests, marketing, and revenue management." "Important factors to consider when starting a business, including diversification, passive income, ambitions, and whether the business is a lifestyle or impact business." VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT YOUR HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
Turning HMOs into SAs is very profitable. In this episode, Kevin explains how to tap into the fact that a lot of HMO landlords have just had enough and are ready for you to come in and set them up for SA. Kevin covers section 24 and capital allowances, how to handle current HMO tenants, and the other steps you need to go through to convert an HMO to SA. As well as telling you how to easily find HMO landlords that will want you to run their properties as SAs on their behalf. KEY TAKEAWAYS Running an HMO is not a hands off business model. Often, it feels like you are babysitting adults. SA is easier and more lucrative. SA gets around the looming EPC issue for landlords. Online portals like Gumtree are the best way to find the kind of landlords who would be interested in SA management. Kevin shares several other sources. Work out what to do with existing HMO tenants. Kevin goes through the options. With certain kinds of mortgages, you will need permission to convert to letting. The language and phrases you use with lenders, the council, etc when switching is important. Kevin explains what to say to avoid the main pitfalls. For SA Management fees of 15 to 20% are about right. But the costs and risks need to sit with the owner, not you. BEST MOMENTS ‘I had to spend a lot of money to get it (an HMO room) back into a rentable condition.’ ‘ With SA management, you take the property on a straight management agreement, ’ VALUABLE RESOURCES Discovery Day Sign-Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
In this episode, the extremely experienced capital allowances surveyor explains how they can be used to make most property business models far more profitable. How to set things up so that you can legitimately earn money tax free. He shares several use cases and covers sideways loss relief, land remediation relief, energy efficient enhancements and ensuring you use the allowance for the right area of your tax return. As well as how to maximise the £ 1 million per year of allowances that are available. KEY TAKEAWAYS Capital Allowances enable you and JV partners to earn a lot of tax-free money. You need an expert. Not having one can be a very costly mistake. If you buy a property from someone who could have claimed capital allowances put the right clauses in the contract. Whenever you spend money on a property there is the chance to leverage capital allowances. You can claim up to £ 1 million per year. 10 years ago, HMRC stated that 96% of property transactions had not fully utilised the available tax relief. Capital allowances are an incredibly powerful way to close rent to SA deals. Kitchens, bathrooms, electrical systems and many more items are considered as plant and machinery which can be used for capital allowances. Capital allowances are great for improving cashflow and enabling you to legally trade tax free for long periods of time. In some cases, you can claim 150% tax relief. BEST MOMENTS ‘You're allowed to claim the full replacement cost of all of that plant and machinery (e.g., kitchens) when you buy a second-hand property’ ‘£28,000 of tax can be saved for every £100,000 of expenditure on your property.’ EPISODE RESOURCES Email: ak@exactca.co.uk Call: 0845 467 2765 Website: https://www.exactca.co.uk VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
Gary Das is the founder and CEO of Active Financial. He is a mortgage expert that has raised more than a £billion in finance for his clients, many of whom are self-employed. Gary is also a social media expert, podcaster, and entrepreneur. In this episode he talks about Serviced Accommodation financing. He explains the differences between a buy to let mortgage and one for SA and how to work out how much you can borrow. Gary also provides an insight into what criteria lenders are using right now. KEY TAKEAWAYS Not all lenders understand the serviced accommodation model. They can have quite different criteria. With SA you must be careful what you say when you apply. Ideally you want to have a minimum income of 25k per year. Gary explains in the podcast how to calculate how much you can borrow. You need to be aware that there are regulated and un-regulated loans. Take care to understand the fees and early repayment penalties. BEST MOMENTS ‘It's really important to understand what the property is for, and which lender is actually doing which of the two options.’ ‘Your circumstances are a puzzle. It's about piecing that puzzle together to get you the right lender to get you the most appropriate deal for your circumstances.’ ‘Finance first, the key is in the preparation.’ EPISODE RESOURCES The Self-Employed Mortgage Guide - https://www.theselfemployedmortgageguide.co.uk VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
Richard Stone has been in construction for more than 40 years and has completed over £300 million worth of property and 3500+ refurbs. In this podcast, he shares his wealth of experience to help you to maximise your profits. This episode is particularly useful for those wanting to move into commercial conversions for serviced accommodation. He covers how to comply with construction HSE and CDM regs. The CIA tax scheme. Hiring the right contractors for the price, scaffolding, and getting accurate design drawings without paying a fortune. KEY TAKEAWAYS All refurbs are construction projects, so you must comply with the regulations for that industry. Complying with HMRC´s CIA scheme removes any danger of your having to give HMRC 30% of your labour costs. Paying contractors using the CIA improves cash flow and helps you to employ decent workers. Take references and always check the person has the qualifications and experience they claim to have. Providing contractors with detailed drawings and specs pays dividends. Don’t just buy on price, satisfy yourself that the firm can complete the job properly for that price. BEST MOMENTS ‘If you are in property and you are doing refurbs, you are in the construction industry.’ ‘ Getting the right set of drawings done on any job will save you money, you don't have to go and spend £10,000 on an architect. ’ ‘ Systems save you sanity, time, emotion, and your mental well-being. ’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES Instagram - https://www.instagram.com/rmstone2011/ LinkedIn - https://uk.linkedin.com/in/richardmstone Website - https://richardmstone.co.uk/ ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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In this episode, Dan Eaton explains how he has used the commercial conversion into serviced accommodation method to create a portfolio worth £18m in 5 years. A group of properties that generates thousands in profit, every week. Dan explains why commercial to SA conversions deliver 6 figure profits yet are not complicated or particularly time-consuming. He explains how to leverage, low purchase costs, built-in parking, take advantage of capital allowances and easily get permission to convert and funding for these projects, in just a few months. KEY TAKEAWAYS Commercial conversions enable you to make 6-figures from one deal, for the same amount of time-effort for a single resident to SA conversion. The commercial building-to-serviced accommodation model is far simpler than most people think. Commercial buildings often have parking and are typically cheap to buy. Once you have your first SA set up, reinvest it into another conversion. Using prior approval regulations gets around most of the planning delays and issues. Dan explains more in the episode. Money is everywhere, so funding need never be an issue. Dan shares ways to secure the funds. BEST MOMENTS ‘ £510,000 profit from that one building. ’ ‘get paid in direct proportion to the value we deliver according to the marketplace.’ EPISODE RESOURCES Secrets of the Millionaire Mind - https://www.amazon.co.uk/Secrets-Millionaire-Mind-Think-rich/dp/0749927895/ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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Mark Homer has transformed over 6,000 square feet of commercial properties for residential use. The value of his property portfolio exceeds £37 million. He owns or controls well over one thousand properties and is one of Kevin´s mentors. In this Q & A session Mark talks about the government's plans to reform serviced accommodation, the impact of council tax increases and what property investing is likely to look like in a recession. He also talks about claiming back VAT, the benefits of LLPs, sideways loss relief and much more. KEY TAKEAWAYS Setting up SA properties now makes a lot of sense. At some point, levels of regulation will increase. When it comes to changes in council tax, often, it is possible to make your property fit into a better category. Mark typically invests in business models that have been working for years and are likely to still work decades from now. In an inflationary period, short leases are typically better. Mark explains why in the podcast. Develop long-term relationships with more than one lender. Buy as much as you can as soon as you can. It is the capital growth that will make you wealthy. Be agile, and constantly learn. Do not let yourself be distracted e.g., worry about why a rule has changed. Instead, focus, find a solution, reset your sail, and move on. Typically, if property prices drop, they do so quite slowly. It can easily take 18 months or more to bottom out. BEST MOMENTS ‘Just plan for what you can deal with now.’ ‘You need to be able to reverse out of the strategy you are in and pivot into something else.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES TBC ABOUT THE GUEST ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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In this episode, Kevin explains how anyone can get a free Serviced Accommodation (SA) mentoring call. This is a fantastic opportunity for people who are already running SA properties to take things to the next level. Or for someone who has a property that they want to convert to SA. There is still time to do this and cash in on the staycation boom. KEY TAKEAWAYS SA is booming. There are multiple SA business models, which are all easy to set up using Kevin´s approach. It is not too late to tap into the staycation boom. One of the people who recently took this training, acted immediately and made £6000 using the rent to SA model, in her 1st month BEST MOMENTS ‘There`s some significant drivers right now that are swinging the pendulum in the favour of serviced accommodation. ’ ‘You haven´t missed the staycation boom, this year’ EPISODE RESOURCES Training and mentoring call offer - Email info@propertysoldier.co.uk asking for a ticket or mentoring call. VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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This episode is all about how to turn your time into money, using social media. Gary Das who has his own mortgage brokerage explains how he earns seven figures from social media without any ad spending. He provides you with a five-step process that will stop you from wasting time on social media, target your efforts and turn your time into money. KEY TAKEAWAYS Knowing your audience is essential. Make your message laser targeted. Video is extremely powerful, and it can be repurposed in so many different ways. The idea of a lead magnet is to capture those who are interested, but not yet ready to buy. Once you have a lead, follow up properly, provide value, be patient and convert. Follow-up and maintaining relationships can all be automated. Make people aware of problems, then provide an answer. BEST MOMENTS ‘Garry has raised or earned seven figures from social media with no ad spend’ ‘Don´t try to be all things to all people.’ ‘Personal brand is the power now on social media.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES Facebook: https://www.facebook.com/GaryDas YouTube: https://www.youtube.com/c/GaryDasPRO/ LinkedIn: https://uk.linkedin.com/in/gary-das-26557114 Instagram: https://www.instagram.com/garydas/?hl=en Twitter: https://twitter.com/garydas Website: https://garydas.com/ ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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In this episode, Kevin explains why there a lot of landlords out there who are already struggling with their investment properties and why things are likely to get worse for many of them. Section 24 is already an issue and increasing energy bills are now a big problem. New EPC regulations are also on the horizon and that is going to have a significant impact financially on a lot of landlords - and not in a good way! With Serviced Accommodation you can either avoid these issues or cope with them a lot better. KEY TAKEAWAYS Landlords are facing multiple issues which switching to SA can ease. Everyone likes win-wins, you can help landlords to solve their issues, while profiting yourself. Many landlords will need to spend thousands to meet EPC standards by 2025, with SA you don´t have to. With SA you can potentially use an app to control the heating, to reduce power costs. With SA you can use capital allowances to 35% of the property´s value to earn tax free income. With SA any energy saving plant or machinery e.g., solar panels, generates 150% relief. Even if you do not have the cash to buy you can still benefit by using the rent to buy SA model. BEST MOMENTS ‘There´s never been a better time than now to create these win-win situations.’ ‘Where there is adversity, there are opportunities.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki EPISODE RESOURCES Send an Email to dawn@propertysolider.co.uk to get your ticket for Kevin´s free Serviced Accommodation Discovery Day or go here to register directly https://progressiveproperty.online/serviced-accommodation-discovery- register/AMB0676. It takes place over Zoom, so anyone can attend. ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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In his 100th Property Nomad Podcast Kevin explains why now is a great time to get into Serviced Accommodation (SA). He shares 7 different reasons. Then, explain how you can set up your own Serviced Accommodation property up and running. Potentially, within days. As well as talking about securing finance, leveraging falling house prices, vendor finance and much more. Remember Serviced Accommodation means – more money, less tax, and no tenants. Listen to find out how to get access to Kevin´s Discovery Day workshop, so that you can get into SA, right now. KEY TAKEAWAYS It's not too late to cash in on the staycation boom this summer. You can potentially set up a serviced accommodation business within days. Inflation is making it easier to raise finance. Kevin explains why. House prices dropping creates multiple opportunities for SA entrepreneurs. Turning HMOs into SA has the potential to make your life easier while making you more money. Look for the win-wins. BEST MOMENTS ‘The staycation boom is back.’ ‘There has never been a better time to raise finance.’ ‘This is where the seller of the property is financing your purchase of their property.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki EPISODE RESOURCES Send an Email to dawn@propertysolider.co.uk to get your ticket for Kevin´s free Serviced Accommodation Discovery Day or go here to register directly https://progressiveproperty.online/serviced-accommodation-discovery- register/AMB0676. It takes place over Zoom, so anyone can attend. ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
Energy prices are going up, as we all know, but I believe this is going to create opportunities for SA operators. The other issue currently well on the horizon is the EPC changes for landlords and I also think this is going to create opportunities and here I will explain why. KEY TAKEAWAYS For new buy to lets and most HMOs you will have to achieve an EPC rating of C. For SA rising energy prices are less of a challenge than they are for HMO owners. Many landlords will be wanting to turn HMOs into SAs, which creates a fantastic business opportunity that Kevin reveals in the podcast. Capital allowances can be used for serviced accommodation to significantly reduce the landlord’s tax bill. When things change, there are always opportunities. Adversity pushes you to work out how to do things differently. BEST MOMENTS ‘I´ve just turned an HMO into serviced accommodation.’ ‘More money, less tax and no tenants is an attractive proposition for landlords.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
![The Serviced Accommodation Property Podcast podcast artwork](/static/images/64pixel.png)
In this episode, Kevin introduces Henry Ghijben, who has been involved in business for 14 years. He also runs his own serviced accommodation properties and is in the process of setting up a property management service. He shares the four pillars every entrepreneur needs to be put in place. Foundations that enable them to build a stable, sustainable, and easy to run business. Henry shares plenty of practical examples of how to do this, including several insider tips. KEY TAKEAWAYS Roughly 80% of businesses fold within the first year. Putting the four pillars in place creates a robust business, which you do not have to work 70 hours a week to maintain. Knowing your numbers enables you to make decisions and close deals fast. In the podcast, Henry lists out the numbers SA owners need to memorise. Constantly track your conversion rate for all of your marketing and use that data. Learn to influence your elephant! – all is revealed in the podcast. Be proactive. (MSH) Use the backdoor technique Henry shares to get extra bookings. Having the right culture, values and morals pays dividends. Systemize things to ensure you give people the same excellent experience, every single time. Failure is only a negative if you don´t learn from it. BEST MOMENTS ‘Always be reviewing’ ‘Culture is about looking after your team, it´s about having your morals and values all in one place ‘Systemisation is the glue for a business. It´s what makes everything work.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki EPISODE RESOURCES Facebook: https://www.facebook.com/edifyproperties LinkedIn: https://uk.linkedin.com/in/henri-ghijben-4296044b Switch: by Chip and Dan Heath - https://www.amazon.co.uk/Switch-change-things-when-hard-ebook/dp/B005TKD512/ Who Not How by Dan Sullivan – https://www.amazon.co.uk/Who-Not-How-Accelerating-Teamwork/dp/B08KYLJ29H/ The E-Myth by Michael E Gerber - https://www.amazon.co.uk/Myth-Revisited-Small-Businesses-About-ebook/dp/B000RO9VJK Traction by Gino Wickman - https://www.amazon.co.uk/Traction-Get-Grip-Your-Business-ebook/dp/B007QWLLV2/ Black Box Thinking by Matthew Syed - https://www.amazon.co.uk/Black-Box-Thinking-Surprising-Success-ebook/dp/B00PW634YQ/ ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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In this episode, Kevin explains how to sell the benefits of serviced accommodation management to landlords you want to work with. It is a business model relatively few people understand, so it is important to know how to explain it clearly and sell the idea to property owners. He also talks about why the EPC C category change is going to turn out to be an opportunity for SA business owners. Here are some of the six benefits Kevin covers, in this episode: KEY TAKEAWAYS Ordinary tenants do not keep properties in show home condition. No problem tenants to manage. Potentially, the landlord can make more money. In this section, Kevin also talks about section 24 and capital allowances. Getting most properties to EPC C standards is going to be expensive for landlords. As a result, many will put their properties up for sale before the 2025 deadline. In a future episode, Kevin is going to cover the difference between rent to SA and SA management BEST MOMENTS ‘So, show home condition is the main benefit to landlords.’ ‘You can use section 24 to incentivise them to give you their properties.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
Mikey Small is a serviced accommodation operator manager, owner, and investor with 21 properties. He talks through his journey, sharing along the way tips that anyone can use to succeed in property as he has done. KEY TAKEAWAYS Read the right books to educate yourself. Several are recommended in the podcast. Don´t doubt yourself. If the work that you are doing does not feel right, switch directions. You will discover that there is something better for you out there. Rent to rent has a low entry cost and is still highly lucrative. Don´t give up, you are not likely to land your first deal. Just keep trying. Your first deal is the hardest. Once you do it things get easier because you have credibility. JV partnerships enable you to move far faster. Always have two exits with SA. BEST MOMENTS ‘Sometimes you’ve just got to adapt and move on.’ ‘Get used to working in discomfort because that´s where the growth happens.’ ‘There are plenty of deals in the sea.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES https://clubhousedb.com/user/mikeypsmall ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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Jehan Annis has several businesses, as well as being a chartered accountant and experienced property investor. He has done a lot of buy-refurbish-refinance projects. Alongside HMOs and serviced accommodation. Today, his main focus is handsfree serviced accommodation portfolio building, which is what he covers in this podcast. He explains how he runs his properties and how he is now enabling investors to benefit from that successful approach, starting with an investment of as little as 5K. KEY TAKEAWAYS HMOs can be niched e.g., set up to house professionals, students, or as social tenants. For both HMOs and SA, long-term bookings have many benefits. Having a cookie-cutter approach to each property saves time and money. Sourcing properties and providing staging and management as a package is an extremely lucrative property business model, which Jehan explains in the podcast. Currently, there is a huge demand in the UK for property sourcing. BEST MOMENTS ‘My preference was cash flow and therefore I choose HMO conversions.’ ‘There are just so many people out there that are looking to buy (property) to the point where we cannot meet that demand’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressiveproperty.online/serviced-accommodation-discovery-register/AMB3258 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES https://thestarsterling.com/ Phone - +44 7955 765066 ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
In this episode, we hear from Kiran Patel, the MD of Venture Finance who is a chartered accountant and broker that has worked on all kinds of property projects. Including HMOs, Buy-to-let, property flips, serviced accommodation, and commercial property. Helping clients to finance and leverage their acquisitions and portfolios. He explains how to get commercial property properly valued. More importantly – how to get it financed at a decent rate. For this episode, Kiran focuses on how to do this for a commercial property that is going to be used for serviced accommodation. Using several examples, during the podcast. As well as explaining how to choose a good broker. KEY TAKEAWAYS Bridging loans can be used to purchase properties that are categorized as unmortgageable e.g., ones with structural problems. Most people will qualify for bridging finance. Bridging or development finance is expensive. So, you need to have a robust exit plan in place. For a new property development model gain experience through a JV before doing one yourself. This will make you more attractive to lenders. Find a broker before searching for a deal. That way, you can move fast, before the opportunity disappears. It is usually possible to get 75% value to mortgage and 100% works and fees financing. Be prepared. In the podcast, Kiran lists out what information your broker will need. Use a broker that invests in property themselves and is recommended by other investors. The capital value per unit (room) is one of the key metrics for SA property finance. Kiran covers the other valuation elements and does so in great detail. With SA, lenders look at supply and demand in the area and what makes your property different from what is already available. If you are leasing out ground floor units to businesses, frequently having a national brand as a tenant is best. Always get a valuer to evaluate what your block will be worth in the end. Do your due diligence. BEST MOMENTS ‘We personally use the commercial finance that we provide for our clients.’ ‘Always prepare a project appraisal and or a business plan for the deal.’ ‘You are never going to know how a valuer is going to value something, but it is good to understand the process.’ ‘Just pay for a risk valuer to go out…it’s just the cost of due diligence.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES Website: https://www.venturefinanceuk.com Email: Kiran@venturefinanceuk.com Facebook: https://www.facebook.com/venturefinance.propertyfinance/ LinkedIn: https://www.linkedin.com/company/venture-finance ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
In this particularly important podcast, Kevin talks about why so many of us have a negative mindset about having lots of money and how that holds us back. He explains how to overcome this mindset that has been subtly ingrained into many of us, from childhood. Also, in this podcast, Kevin asks you to support him in raising money for a charity that is very dear to him. In exchange, he makes an amazing offer. One that enables listeners to get the training they need to create a highly profitable business that can be made virtually hands-free. It includes direct training with Kevin, for which there is no charge. KEY TAKEAWAYS As children, most of us are taught that having a lot of money is somehow a bad thing e.g., money is the root of all evil. There is also a belief in society that rich people made their money off the back of other people. When people find a good way to make money, often, their negative relationship with money holds them back. As long as you are not exchanging all of your time for money, money can make you happy. Having money is a great facilitator. It enables you to literally do anything you want while doing a huge amount of good. In the podcast, Kevin shares a simple exercise you can do to turn a negative mindset surrounding money into a positive one. During the podcast, Kevin explains how to access free training with him while helping a charity that is important to him. BEST MOMENTS ‘We´re conditioned from birth to have a negative mindset around money.’ ‘Money can buy you happiness if it allows you to do the things that are most important for you.’ ‘The skillset without the mindset will leave you upset.’ VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki EPISODE RESOURCES Link to buy Property Soldier by Kevin Poneskis - https://amzn.to/303rSvI Send proof of purchase to - book@propertysoldier.co.uk ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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In this episode, Kevin´s guest is Jackie (Jacs) Hodson, an interior design expert who also runs several SA properties. She is also the creative director of Free-Range Stays. Jacs explains how to present your properties so that they stand out online. As well as how to make guests go Wow! When they walk in the door. All of which results in far more and longer bookings. Her Power of Three approach is practical and easy for any SA property owner to implement. KEY TAKEAWAYS Your aim is to make your guests stop scrolling and go Wow!! when they walk in the door. Everyone´s wow factor is different. Identify and understand your customer (avatar) Most people are looking to stay in an elevated version of home. Little touches make a huge difference e.g., current takeaway menus, or nice toys for the kids. It is possible to make money by becoming an affiliate for the products that are in the property. Jacs explains how in the podcast. Think about how you are going to clean and maintain every item. Make it easy for guests to create special memories of their stay. Little touches like big wardrobes and decent crockery that is a notch up from the norm make a surprisingly big difference. Invite your guests to call you if they need anything. BEST MOMENTS ‘Who you are actually trying to market to is so key to how you design your interiors’ ‘Create memories for the families that come to stay.’ VALUABLE RESOURCES https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki GUEST RESOURCES Facebook - https://www.facebook.com/Milliesinteriors/ Website - https://www.milliesinteriors.com/ Contact – Jackie@milliesinteriors.com Instagram - www.instagram.com/millie.interior ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
In this episode, Kevin explains how serviced accommodation business owners can pivot should market conditions shift. He shares several strategies that he has himself used. Approaches anyone can use to exit the SA business or use their property portfolio to make money in a different way. KEY TAKEAWAYS Serviced accommodation is working well now and will continue to do so in the future. Should market conditions change, there are ways for SA owners to reposition themselves and continue to earn. Kevin explains several of them in the podcast. Most SA properties can be switched to being rented out to long term clients. When buying properties, think through how else you could use them. Then, stress test it for those scenarios. If you are thinking you might want to switch it to buy to let, make sure it will achieve the mortgage rent ratio. Selling the property is another exit strategy. Especially if you have run out of capital allowance. If you still have capital allowances left to claim, get the buyer to sign a 198 election, when you sell. Kevin explains why in the episode. BEST MOMENTS ‘If you are doing a rent to service combination, you could give the property back to the owner.’ ‘You could even ask the letting agent to find an alternative tenant to replace you.’ ‘If I wanted to pivot in the future, there are easy ways to do it.’ VALUABLE RESOURCES Sign up for Discovery Day - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast https://propertysoldier.co.uk/ Rich Dad, Poor Dad by Robert T Kiyosaki Serviced Accommodation Success by Kevin Poneskis ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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The Serviced Accommodation Property Podcast
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1 Interview with Shimon Rudich of MS Law – Lease Purchase Options and Other Innovative Ways to Buy Properties 1:11:02
1:11:02
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In this episode, Kevin speaks with Shimon Rudich, a lawyer with expertise in lease purchase options and other creative ways of acquiring property. He is also a property investor and the landlord of numerous residential, HMO and commercial properties. Simone explains how to buy, develop, and earn from multiple properties, even if your credit rating is terrible. Doing so without securing a mortgage first. He shares the details of several of the deals he has made throughout his career. Deals anyone can replicate to secure properties and land that they would not otherwise be able to afford to invest in. KEY TAKEAWAYS It makes sense to have multiple streams of income. Lease purchase options are a highly viable way to start making money from properties. Lease options enable you to secure the exclusive right to buy a property at an agreed-upon future date. Buying a property using a lease option means you do not need to secure a mortgage first. With the right agreement, you can live in the property or lease it out before you the final purchase date. Look for the win-win and take care of the vendor to secure the best and most deals. Options are especially tempting for vendors that are struggling to sell or facing repossession. Using lease options enables you to invest in big projects, for example converting a large house into flats. Be sure to look beyond what the property is worth now. See the potential, especially the options that add value fast. Think out of the box to sweat assets like land. Simone shares an interesting way to do this, in the podcast. If you are not paying upfront and can hang onto an asset for years until it accrues substantial value, you can afford to offer the vendor a great price. With lease options, you need to understand the difference between an exchange and completion. Simone covers this subject, in the podcast. BEST MOMENTS ‘A lease option is the right, but not an obligation, to buy a property.’ ‘Lease options are a win-win scenario.’ VALUABLE RESOURCES Discover How to Profit from the Airbnb and Bookings.com Boom The Serviced Accommodation Property Podcast https://propertysoldier.co.uk/ Rich Dad, Poor Dad by Robert T Kiyosaki Serviced Accommodation Success by Kevin Poneskis https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 ABOUT THE HOST Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans. Kevin was in the British Army serving 24 years, mostly in a Commando unit and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years. CONTACT METHOD https://en-gb.facebook.com/propertysoldier/ kevin@propertysoldier.co.uk…
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