EPISODE · Mar 16, 2020 · 13 MIN
My first month in SA...
from Tej Talks
STOP RIGHT THERE.... hit subscribe please.I have 1 SA unit. It's in a great location for it, whereas most of my Investments wouldn't work as an SA, and there's no companies to manage them.This is close to the town centre, the beach, an AONB, and a big train station. It's also in a student area, so I have lots of options for potential customers, which helps de-risk.I own this SA, so the mortgage payments are small and (hopefully) the profits will be bigger. I spent about £4,000 furnishing and buying linen, then the management company decided to rent linen... so if anyone wants to buy fresh ASDA stuff, let me know, it's BMV ;)I talk about WHY I have an SA, how it's passive, my first month's occupancy and profit, and what the rest of the year looks like. As always, I'm giving you the reality.Due to a shoddy build team, we're having issues with doors and leaky roofs, that was claimed to be fixed.... standard cowboys.For more information, my Podcast, FREE eBooks (including 18 pages on starting your own Podcast), see below:https://youtu.be/d0ifVUB54ughttps://www.tej-talks.comhttps://www.tejinvests.com Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
STOP RIGHT THERE.... hit subscribe please.I have 1 SA unit. It's in a great location for it, whereas most of my Investments wouldn't work as an SA, and there's no companies to manage them.This is close to the town centre, the beach, an AONB, and a big train station. It's also in a student area, so I have lots of options for potential customers, which helps de-risk.I own this SA, so the mortgage payments are small and (hopefully) the profits will be bigger. I spent about £4,000 furnishing and buying linen, then the management company decided to rent linen... so if anyone wants to buy fresh ASDA stuff, let me know, it's BMV ;)I talk about WHY I have an SA, how it's passive, my first month's occupancy and profit, and what the rest of the year looks like. As always, I'm giving you the reality.Due to a shoddy build team, we're having issues with doors and leaky roofs, that was claimed to be fixed.... standard cowboys.For more information, my Podcast, FREE eBooks (including 18 pages on starting your own Podcast), see below:https://youtu.be/d0ifVUB54ughttps://www.tej-talks.comhttps://www.tejinvests.com Hosted on Acast. See acast.com/privacy for more information.
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My first month in SA...
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