Serviced Accommodation Secrets Podcast

Welcome to Serviced Accommodation Secrets the Podcast for all things Serviced Accommodation.  Brought to you by a real SA operator who has been there and done it.  Made the mistakes and still learning.

This episode we talk about how to furnish your property.

Lease.

Buy Secondhand furniture.

Buy top-of-the-range furniture.

The choice is yours.

If you would like to learn more about our mentorships please email [email protected]

We would love you to join our facebook page:  https://www.facebook.com/groups/servicedaccommodationsecrets

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This podcast is about how to find properties.

There are different ways that you can approach this.

Speak to estate agents and look on online estate agent portals such as Rightmove and Zoopla.

Do letter drops to local properties?  It may not always be a landlord, but you never know who might see your letter.  Talk about the benefits you can bring to the landlord, and make sure you include your contact details.

It's crucial to be honest with estate agents about your intentions and ensure that the properties you either buy or rent are suitable for serviced accommodation. This not only builds trust but also sets a standard for ethical business practices in the property investment sector.

You must check mortgages and leases to ensure both allow serviced accommodation.

If you would like to find out more about serviced accommodation please join our facebook group:

https://www.facebook.com/groups/servicedaccommodationsecrets

If you would like to contact me please email: [email protected]

See omnystudio.com/listener for privacy information.

This episode offers some important tips about the type of company you should set up for your accommodation business.

We talk about sole trader, LLP, Limited companies.

Each company structure has it's own merits, each person will want a different type of structure.

We talk about the importance of bookkeeping, speaking to an accountant, keeping an eye on your VAT turnover and your tax liabilties.

We would love you to join our facebook group: https://www.facebook.com/groups/servicedaccommodationsecrets

If you would like to know more then drop me an email: [email protected]

See omnystudio.com/listener for privacy information.

Subletting

After reading a post on Facebook from someone that I believe sells courses on Serviced Accommodation I wanted to clear something up.

When you find a property that you want to rent for the purposes of using it for Serviced Accommodation you need to make sure that the lease allows it.  The post on Facebook said that you should state in the lease that you are subletting the property.

Subletting is not what we do.  The lease should state that the property can be used for Serviced Accommodation.

Join our Facebook group for more hints and tips. https://www.facebook.com/groups/servicedaccommodationsecrets

See omnystudio.com/listener for privacy information.

Taking everything back to basics.

What is serviced accommodation?

Is it passive income?

The pitfalls of serviced accommodation.

Automation in serviced accommodation.

Join our facebook community: https://www.facebook.com/groups/servicedaccommodationsecrets

See omnystudio.com/listener for privacy information.

Announcement that I am relaunching the Serviced Accommodation Secrets Podcast.

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I'm very excited to announce that Linda O'Rourke, the operator of Herons Rest Serviced Properties, will be taking over the reins of my Serviced Accommodation Secrets Podcast, so that our community will still be served and supported.

Here, you will enjoy my interview with Linda, who is such a valuable and knowledgeable member of our SA community, and she shares many insights and how she got started in this business. 

Linda is also taking over the Serviced Accommodation Secrets Facebook group & page and the brilliant community in the WhatsApp group.

Linda’s short-term rental properties are located in Staines, near Heathrow, and she is also very experienced in bookkeeping for serviced accommodation, and has great knowledge on accounting and VAT, as well as several years in the short-term rental business.

I'm so happy that Linda is taking over this role, so that you'll enjoy the benefit of her expertise and help, plus I'm sure you'll all continue to support each other too.

Massive congratulations to you, Linda, you're an amazing woman and coming from a place of service as you do, you'll give fantastic support to everyone, I know.

And my deepest thanks to you all out there for supporting me throughout the 5 years of the podcast and I know you'll gain so much with Linda, moving forward.

Visit the Facebook group:

https://www.facebook.com/groups/2113059038913629

And the Facebook page: http://bit.ly/SASecretsPage

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

5 months on from the launch of Hospitable Hosts the No. 1 bestselling book full of gems of wisdom and stories from 40 hosts across the world, we welcome Paul Anderson once again.

You can hear how Paul has developed his business in that time, taking on staff and changing up his priorities.

Paul also has time for interests and a life outside hospitality which you’ll perhaps have thought might be a challenge!!!

He shares advice that is not in the book, tips on running your hospitality business that are as true today as they always were, plus valuable myth-busting on the demands of being a host.

As well as being the host of Sandfield Guesthouse in Oxford, Paul is The Social Media Hotelier, Instagram expert for the hospitality industry!

Get in touch with Paul for his inspirational help with your Instagram marketing @thesocialmediahotelier - you can book a consultation with him.

Thanks so much to Paul for joining us for this episode!

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Mark Simpson has spent his whole life in hospitality, now a renowned author, award-winning mentor, and proud Boostly founder, he helps short terms rental hosts of all kinds globally to get more direct bookings, instead of relying on the Online Travel Agencies (OTAs).

Mark launched The Book Direct Playbook in February 2022, and he’s poured all his experience, learnings, insights, (and the odd soccer reference), to help property owners around the world finally regain control and turn their business into the champion of direct bookings.

It’s an incredible resource and Mark gave a totally inspiring talk at the Short-Term Rental (STR) Wealth Conference in Nashville (June 2022) about this key point – many STR hosts lost their businesses in the pandemic due to over reliance on the OTAS!

Get your copy here:
https://amzn.to/3MKlBHW

On the 20th June 2022, Mark is running a free piece of training showing you as hosts how to use your contacts and social networks to generate direct bookings.

Go to http://boostly.co.uk/june2022 to register

His goal from this training is for you as hosts to bring in $1million in direct bookings in 1 week as a community as a whole.

Mark is also co-author of Hospital Hosts, an inspirational new book where the visionary for the project, Jodie Stirling has assembled a stellar collection of the biggest names and icons of the short-term rental industry, and Mark shares his story here too.

Along with 40 hosts from around the globe, their entertaining and heart-warming stories, valuable tips, education and inspiration are all shared in this amazing book, which is available to buy now:

https://amzn.to/3Mlfr1U - in Kindle edition, paperback or hardback.

You can get in touch with Mark here:

www.linktr.ee/boostlyuk

For show notes and resources in my podcast, go to my website www.servicedaccommodationsecrets.com and Facebook page: http://bit.ly/SASecretsPage

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Tracey Northcott is a serial entrepreneur and multi-preneur based in Japan, and has 10 years’ experience as a short term rental host - as you might imagine, Tracey has superpowers to share when it comes to attracting guests and getting bookings! 

Here Tracey shares the fascinating story of how she got started, the dramatic highs and lows of hosting Tokyo Family Stays, which she grew to a seven-figure business.

Through her business, Tracey Northcott Consulting, she inspires and coaches current and aspiring hosts helping them discover the true potential of their STR business. Her secret weapon is “The Wholehearted Host” method for maximising profits and getting booked in a competitive market without discounting. Tracey also shares her valuable knowledge of hosting and scaling your business through her blog.

Tracey is an international bestselling co-author of “Hospitable Hosts,” a collaboration of 40 professional hosts from around the globe, a collection of industry megastars like no other!!  All share essential tips, education and what it means to be a hospitable host in this amazing book, which is available to buy now:

https://amzn.to/3Mlfr1U - in Kindle edition, paperback or hardback.

You can get in touch with Tracey here:
www.linktr.ee/traceynorthcottconsulting

For show notes and resources in my podcast, go to my website www.servicedaccommodationsecrets.com and Facebook page: http://bit.ly/SASecretsPage

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.