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/

[email protected]