Things you can do to get five-star reviews and more bookings
When you invest in a holiday let property, you’ll want to maximise income by having your property let out for as many weeks as possible. After doing the hard work of finding the best location and property, and ensuring that your numbers stack up (see our article “21 tips before buying a holiday let investment property”), there is one major thing that could stop you from filling up your holiday let diary: bad reviews.
How to keep the location, property and finances on track when you invest
If you want to benefit from the long-term outlook for UK property, you may be discouraged from investing in buy-to-let property by the property tax changes that have been forced upon the property investment community in recent years. But you don’t have to let tax concerns stop you from profiting from the UK property market. There are ways to get around the UK property tax changes as a buy-to-let investor.
Failure to make a profit is a stepping stone to success
A friend of mine worked in the city of London many years ago. He’s told me plenty of stories about his time as a stock trader, but I recall one in particular at regular intervals. It especially comes to mind when I hear of a beginner property investor who has lost money on their first investment.