R2SA from Letting Agents

Episode 51 of the The Serviced Accommodation Property Podcast podcast, hosted by Kevin Poneskis, titled "R2SA from Letting Agents" was published on October 20, 2020 and runs 23 minutes.

October 20, 2020 ·23m · The Serviced Accommodation Property Podcast

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Summary

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. In this episode, Kevin covers renting properties from letting agents that you plan to list and use as serviced accommodation (R2SA). He explains how to overcome the fact that many agents do not feel comfortable letting properties to people who are going to then list it on Airbnb and booking.com. The strategy Kevin shares is an easy one that even a brand-new company can successfully use. It includes an effective way to find new commercial clients for your properties. A method that you can continue to use to keep your property full. How to establish a professional-looking SAP company and find customers, even before you have a portfolio of properties, is also covered in this podcast. KEY TAKEAWAYS The resistance letting agents have, to renting to people they know are going to list it on Airbnb etc, can be overcome. It is possible to get your guests lined up in advance before approaching the agent. You need to be professional and set up a proper Ltd company, which costs very little. A SAP company´s website needs to be country-specific. You do not have to have properties available before setting up your website. There are dozens of places to find potential clients and approach them, Kevin several of them in the podcast. Once you have set up and been running a successful R2SA with an agent they will happily rent more properties to you. You do not need to be an established company to make this business model work. Not being able to pass credit reference checks is not a difficult issue to overcome. There are multiple ways for you to get bookings for the property that you rent from the agent. BEST MOMENTS ‘You have so much more volition when you are going to the letting agent with your guests already lined up,’ ‘With letting agents, you represent more money for them when you're walking in the door. ‘ ‘I'm talking about having multiple ways of getting bookings.’ VALUABLE RESOURCES The Serviced Accommodation Property Podcast https://propertysoldier.co.uk/ Rich Dad, Poor Dad by Robert T Kiyosaki Serviced Accommodation Success by Kevin Poneskis 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]