04.13.2022 - By Liam J Ryan
Serviced accommodation is one of the hottest topics in property right now, and so Liam is joined by his business partner Ross, a specialist in maximising revenue from this strategy, to talk about how to generate high-earning assets, as well as the things to watch out for along the way.
KEY TAKEAWAYS
The name of the most comprehensive agreement that can be used is the Common Law Tenancy Agreement, which should be ready to go without amendments.
Even pre-COVID, the market was very buoyant, and notionally, there is not enough short-term accommodation to go around. This makes it a highly lucrative property investing strategy.
The difference between those who do scattered, few deals, and those who boss the strategy, is the commitment to changing their position.
BEST MOMENTS
'With a Common Law Tenancy, it's absolutely fine as-is'
'The demand is immense'
'If I've got someone who's hungry and driven, for those people it's just a matter of how many deals they want to do'
VALUABLE RESOURCES
The Dealmaker Podcast - https://omny.fm/shows/the-deal-maker-by-liam-ryan
Assets For Life - https://assetsforlife.co.uk
ABOUT THE HOST
You're listening to The Deal Maker podcast with Property Expert, Property Multi Millionaire and Joint World Record Holder Liam J. Ryan. If you want to become a master negotiator, close more property deals, become a great salesperson and live a better life then The Deal Maker podcast is for you.
Liam is a property investor, business owner and Entrepreneur helping people make more money and live a happier life
CONTACT METHOD
Instagram - https://www.instagram.com/liamjryanwealth/
Facebook Page - https://www.facebook.com/LiamJRyan.AFL
Facebook Personal - https://www.facebook.com/profile.php?id=100010124928017