A rental guarantee can take many forms. It might be an insurance product, it might be tied to the value of the property, it might be something offered by a letting agent. The truth is, some rental guarantees are worth having, but most are not. The trick, as always, is to know exactly what you are signing up for and why it is being offered in the first place.
The bottom line is that, if your employees travel a lot, a serviced apartment is a lot more cost effective than a comparable hotel. But more than that, they are more convenient and they are more comfortable for your employees who will be happier in their own space and more productive in their work.
If you are thinking of investing in serviced accommodation then you have probably found yourself wondering exactly what kind of property you need to buy. The good news is that your research into your tenant profile and a good location will almost certainly make that decision on your behalf.
Do want to start making money from serviced accommodation but are unsure which location is going to give you best returns? Today Rob and Paul discuss the best places to invest and ask whether size really matters when you are deciding where to invest your capital.
As you would the agreements that need to be in place for the serviced accommodation investment model are a lot more complicated than with other types of buy-to-let. Today Rob and Paul discuss tenants, tenant profiles, tenancy agreements and contracts that Residential Estates use with their investors and landlords.
As we’ve covered in a previous article the returns on serviced accommodation can be fantastic. But, managing a serviced flat involves a lot of planning and a lot of work. Today Rob and Raul Winder from Residential Estates look at 3 common problems that landlords face when they’re trying to break into the serviced market.
Furnishing a corporate let is a very different process to furnishing other types of buy to let. Today Rob and Paul discuss adaptable furniture packs that will satisfy the changing needs of your clients and mean that you will have to spend less time yourself, choosing what needs to go into your property.
A recent ruling has placed restrictions on homeowners from renting out property through Airbnb in London. Today Rob and Paul Winder from Residential Estates discuss how this ruling might or might not affect the serviced accommodation model in Manchester or elsewhere in the UK.
If serviced accommodation offers such great returns, then why isn’t everyone doing it? Well, not everyone can. The serviced model will only work in very specific locations and requires time and effort far beyond what is necessary for more standard buy to let models.
In today’s video, we’re going to be looking at why the profits are so much higher with serviced residences rather than they are when you invest in more traditional, vanilla buy-to-lets.