The law may be an ass, but you’re a bigger one if you don’t know it!
Whatever you do in life, you must do so legally and in line with rules and regulations. Whether at work, as a member of your local sports club, or when you are driving from A to B, what you do is guided by law; it’s no different with holiday let investment.
Easy maths to assess how good a holiday let investment is
As a holiday let property investor, your objectives will be to make enough profit to fund your investment and create the lifestyle you desire. Your first financial hurdle will be to hit breakeven – the point at which your rental income is enough to pay all your costs of ownership. When we discuss the buy-to-let investment with investors, we discuss how important it is to make an accurate cash flow projection. The same principle applies when you invest in a holiday let.
How to maximise your income when others are scratching their heads
The profit you make from any property investment depends on the strategy you use to maximise its potential. This includes holiday let property. It amazes me how many holiday let properties I see that are empty for so many weeks of the year. That’s not the market or the weather’s fault; that’s bad planning and bad investment strategy.
With stellar growth, holiday let investors have never had it so good
The holiday let market is booming in the UK. The decrease in the value of the pound has made the UK more attractive for foreign visitors. It has also made staycations more popular – the pound in your pocket doesn’t buy as much in Spain as it used to. In this article, we look at just how vibrant the holiday let market is and help answer the question, is holiday let property a good investment?
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.