It's No Holiday

Running short lets is fun and varied, you can increase your cashflow, avoid section 24 tax changes and keep your property in tip top condition. This blog is about some of the challenges that I have faced and issues that have revealed themselves as I have found out about and put this strategy into practice.

Monday, 29 January 2018 12:40

Stop section 24 eating your profits!

Written by
Rate this item
(0 votes)
Stop section 24 eating your profits!

 

I am sure that most of you, like myself, have spent some time recently completing your self-assessment. While we are happy to pay our dues, few people would want the taxman to benefit by more than necessary. This is where shorts lets get interesting.

Saturday, 30 December 2017 08:51

January Blues

Written by
Rate this item
(3 votes)
January Blues

This time of year can be tricky, I look back over the changes of the last year and see that progress has been made but there is a nagging doubt, is progress a good thing? Is progress even progress? Am I barking up the wrong tree perhaps and should my focus be more personal, less business-y? Is my life ebbing away as I chase shiny pennies? Self doubt creeps in and I need a fresh start!

Tuesday, 28 November 2017 15:38

Joint venture for success!

Written by
Rate this item
(1 Vote)
Joint venture for success!

So how hard is it to turn a regular flat into a Serviced Let? The switch in mindset from money-saver landlord to generous host is the hardest part to overcome, the rest is just a matter of shopping!

Wednesday, 27 September 2017 15:48

Losing, and finding, my 'why?'

Written by
Rate this item
(1 Vote)
Losing, and finding, my 'why?'

Running a property portfolio comes to us for many reasons, sometimes, it is inherited, some have fought for it and some have built it slowly and steadily. There came a point for me where I lost my reason ‘why?’

Thursday, 24 August 2017 10:26

Crazy Summer

Written by
Rate this item
(1 Vote)
Crazy Summer

Crazy summer days are upon us. Cleaners go on holiday, victorious festival prompts a tough pre-stay email (you WILL be charged £100 for smoking in the rooms, you MAY NOT continue the party here etc.), and the changes of September are nearly upon us.

 

Saturday, 29 July 2017 19:16

If it's such a great strategy...

Written by
Rate this item
(2 votes)
If it's such a great strategy...

If it's such a great strategy, why isn't everyone doing it?

Holiday lets come and go. Fact: It really isn't everyone's cup of tea. 

How frequently do you visit your property? Every month? Every 6 months? I have properties with steady tenants that I haven't been into for 5 years! (Yes, the checks and repairs still get done). Most landlords aim to be hands-off as much as possible.

Thursday, 29 June 2017 11:11

It's no holiday...

Written by
Rate this item
(1 Vote)
It's no holiday...

I pass a neat row of large BMW motorcycles lined up outside and enter the communal Kitchen of Blue Star House where 6 handsome young German men are tucking into a hearty lunch and chatting about their weekend ahead at Goodwood. They tell me about their drive form Germany and ask about local parking. In rooms upstairs are a student, a chef, a cocktail barman, and some weekenders visiting family. This weekend it’s a full house at the Serviced Accommodation.....

We use cookies to improve our website and your experience when using it. Cookies used for the site's essential operation have already been set.   See our Privacy Policy.