Register your interest in Serviced Accommodation Discovery Day here, and a member of our team will get back to you to confirm your place at your preferred date.

 

 

Kevin is with Ben Brand co-founder of STAYBC a premier provider of short stay serviced accommodation. He started his journey with Kevin’s serviced accommodation training and his business has gone from strength to strength.

They discuss due diligence; capital allowances and how great serviced accommodation can be created by converting guest houses and B&B’s into studio room hotels. This is an opportunity to hear about how you can grow a successful business in serviced accommodation if you have someone to show you the possibilities and get the best education before you start out.

 

KEY TAKEAWAYS

Someone showing you the opportunity is fundamental to your success.

If you invest in property education you are spending money on something that can transform your life.

Only take on a property that you know is going to work as serviced accommodation after you have undertaken your due diligence.

If properties are used as serviced accommodation the income is trading income not investment income and mortgage interest can be offset against this income.

When a property is used as serviced accommodation the moving parts inside the property such as the boiler and the kitchen becomes plant and machinery and capital allowances can be claimed.

Converting B&Bs and guest houses into studio room hotels means they can still be found on booking.com

There is a massive opportunity to create a win, win situation for everyone with these types of properties.

If you are acquiring residential property to convert to serviced accommodation the capital allowances will not have been claimed.

It’s always all about going the extra mile to secure direct bookings to create your own customer database.

 

BEST MOMENTS

‘Your podcast got me to where I am now in Serviced Accommodation’

‘The SA bounce means we have been able to raise our prices by 40-50%’

‘We’ve learnt so much and have been able not only to operate but grow in this time’

 

VALUABLE RESOURCES

The Serviced Accommodation Property Podcast

https://propertysoldier.co.uk/

STAYBC website

 

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]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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