You're probably thinking "that sounds great, but I don't have a clue about property or Serviced Accommodation". Well that's where I come in. I have created the industry-leading book on Serviced Accommodation. I'll reveal my step-by-step guide on how to maximise your income from SA, in order to create a hands-free wealth generating asset that can quickly surpass your primary source of income.
But what about when things get back to normal, Paul?
Great question. Well, that's the beauty of serviced accommodation. I started in the SA business 7 years ago. Holiday lets are a fantastic way to make money from SA, but they are only a small part of the wider serviced accommodation ecosystem. When I began my SA journey, no one had ever heard of Coronavirus! Yet I still made tens of thousands of pounds a month from my units.
How was that? Well I didn't limit my properties' target market to holidaymakers. I bought units close to hospitals for nurses and doctors to stay in, and properties in remote locations for temporary workers. In short, I made my portfolio season-proof and diverse, drawing occupants from all walks of life who had different reasons for staying in my properties.