Where There is Adversity There is Opportunity

Energy prices are going up, as we all know, but I believe this is going to create opportunities for SA operators.

Episode 99 of the The Serviced Accommodation Property Podcast podcast, hosted by Kevin Poneskis, titled "Where There is Adversity There is Opportunity" was published on May 8, 2022 and runs 18 minutes.

May 8, 2022 ·18m · The Serviced Accommodation Property Podcast

Summary

Energy prices are going up, as we all know, but I believe this is going to create opportunities for SA operators. The other issue currently well on the horizon is the EPC changes for landlords and I also think this is going to create opportunities and here I will explain why.   KEY TAKEAWAYS For new buy to lets and most HMOs you will have to achieve an EPC rating of C. For SA rising energy prices are less of a challenge than they are for HMO owners. Many landlords will be wanting to turn HMOs into SAs, which creates a fantastic business opportunity that Kevin reveals in the podcast. Capital allowances can be used for serviced accommodation to significantly reduce the landlord’s tax bill. When things change, there are always opportunities. Adversity pushes you to work out how to do things differently.   BEST MOMENTS ‘I´ve just turned an HMO into serviced accommodation.’ ‘More money, less tax and no tenants is an attractive proposition for landlords.’     VALUABLE RESOURCES Discovery Day Sign Up Page - https://progressivepropertyreferral.com/serviced-accommodation-discovery-day/amb0676 The Serviced Accommodation Property Podcast - https://itunes.apple.com/gb/podcast/the-serviced-accommodation-property-podcast/id1436005279?mt=2 https://propertysoldier.co.uk/ Serviced Accommodation Success by Kevin Poneskis Rich Dad, Poor Dad by Robert T Kiyosaki     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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