User
Write something
Pinned
Welcome to the Community! 🎉
You’ve just taken the first step toward unlocking Money & Time Freedom through property investment – congrats! 🚀 This community is here to help you go from the daily grind of a 9-5 to earning a full-time income through property – all with part-time effort. Whether you’re just getting started or already have a few deals under your belt, you’re in the right place. 💡 Why 2024 is the Best Time to Start in UK Property If you’ve been thinking about jumping into property investment, 2024 is THE year to take action. Here’s why: 1. Property Prices are Cooling – After years of rapid growth, the UK market is stabilising, making it prime time to find deals. The competition is down, but opportunities are still strong – meaning you can grab properties at great prices before the next boom! 2. High Rental Demand – With rising interest rates, more people are renting rather than buying. This creates a massive opportunity for property investors to secure strong, reliable rental income. 3. Government Incentives – There are still favourable tax incentives and government schemes to support first-time buyers and investors. This lowers your entry costs, giving you a leg up on getting started! 4. Wealth Transfer Opportunities – 2024 is the year of property shifts. Baby Boomers are selling, and there’s a wealth transfer happening. You can step in, secure properties, and benefit from long-term growth. This is the perfect time to make moves, and we’ve got your back every step of the way. Dive into the discussions, ask questions, and get ready to learn the exact strategies that built our business to £30k+ recurring monthly revenue! Let’s make 2024/25 your breakthrough year in property! 💥
2
1
New comment Oct 26
In 2022, I’ve restarted my business journey right at the bottom. AGAIN.
I was washing dishes in the simple cafe for the minimum wage (back then £11.20/h) and dwelling on my 100k business debt 😱 And 30 months later this 👇started to happen 1. In 2022, I’ve got 2 serviced accommodations with £30k in gross yearly revenue. And it was a difficult start to say the least… 2. In 2024, I’m proud to say we’ve collected over a quarter of a million (£) from our guests. I estimate we’d get around £300k+ by end of this year. I could never dreamed off that we could grow to these numbers and so fast 🚀 3. We’ve only X6 our UK properties and that translated into almost 10x return! 🤩 I want you to remember, GROWTH IS NOT LINEAR! it gets easier with time and with the right team and guidance! How can we help you 🫵 today on your success?
Complete action
1
1
New comment Nov 22
Here are the 7 essential tools for building a remote Airbnb portfolio:
Have you ever wondered how we manage many Airbnbs while still putting my family first? It's all about having the right systems in place. I almost never visit the properties. It takes me just a couple of hours a day to handle everything. Here are the 7 essential tools for building a remote Airbnb portfolio: 1. Smart Lock - £150 This lock lets guests access the property with a code. The app generates a new code for each guest, which expires upon checkout. We're installing smart locks across all properties to save time on check-ins. 2. Ring Amazon Video Doorbell - £110 Monitor who enters and exits anytime, helping catch unexpected guests. You can also communicate with guests through your phone. It’s legal as long as the camera isn’t inside the property. 3. Minut Noise Detector - £50 + £10/month per unit This sensor detects noise levels, helping spot illegal parties. It can also sense cigarette smoke and temperature changes. Note: It doesn’t pick up specific sounds or private conversations. 4. Airdna - £25/month This tool is my go-to. It gives me all the data needed to make informed decisions. 5. Wheelhouse - £19/month A high-demand season can bring in £400/night for a premium 3-bed. But during low season, you might need to drop to £200-£300/night. Wheelhouse finds the best price for your property by analysing the competition and demand. 6. Uplisting - £20/month per unit My all-in-one management app: 7. Xero - £15/month I use this accounting app to track my numbers. It gives me the profit & loss of each unit and the whole portfolio. This way, I can spot underperforming properties and adjust as needed. What systems you're already using?
1
0
Here are the 7 essential tools for building a remote Airbnb portfolio:
Top 10 Costly Mistakes I Made When Starting My Airbnb Business (Avoid These to Save Yourself (£) Thousands and Countless Hours)
1. Skipping Due Diligence: Always analyse potential properties with a cash flow calculator. Numbers, not emotions, should guide your decisions. 2. Cutting Corners on Furnishings: To attract guests, invest in distinct, quality pieces. Elements like unique wall decor, pendant lighting, and stylish armchairs can make a difference, as today’s guests expect high value for their money. 3. Building Locally: Operating close to home often keeps you tied to the day-to-day. By starting remotely, you’re forced to create a strong team and set up efficient outsourcing systems from the start. 4. Overpricing Early On: For new units, start with competitive pricing to build up reviews. Once you’ve gained credibility, adjust prices accordingly. 5. Skipping a Channel Manager: List your property on multiple platforms, not just Airbnb. Services like Hosty or Uplisting can automatically publish your listing to Booking com, Expedia, TripAdvisor, and more. 6. No Pricing Software: Using static prices means missing out on high-demand bookings. Automate your pricing with software like Pricelabs to maximise revenue. 7. Poor Guest Vetting and Security: Set up a strong guest screening process, enforce clear terms, collect deposits, verify IDs, and consider adding external security measures like CCTV and noise monitors. 8. Scaling Without a Long-Term Plan: Having just 4-5 properties can be profitable, but the real cash flow arrives when you manage 10 or more, allowing you to leverage income for property purchases and long-term wealth. 9. Delaying a Virtual Assistant Hire: Outsource admin tasks early. Freeing up your time sooner allows you to focus on scaling and increasing revenue faster. 10. Lacking Standard Operating Procedures: Create clear SOPs for your cleaning team and establish service-level agreements with penalties. Cleanliness is vital to maintaining positive reviews, so it’s crucial to ensure consistent quality. If you’re looking for direct guidance from me and our expert team (covering marketing, interior design, HR, and branding) plus access to a complete suite of contracts, trackers, and tools to streamline your deals...
1
4
New comment Nov 7
Why Property is the Best Asset to Hold in 2024 (UK)
In 2024, property remains the UK’s most resilient and profitable asset class. Here’s why: 1. Inflation Hedge: Property has historically outpaced inflation, protecting your wealth even when prices rise. With inflation concerns still in play, holding property keeps your assets strong. 2. Consistent Demand: The UK faces a housing shortage, which pushes up rental demand and property values over time. This means investors benefit from both rising asset prices and solid rental income. 3. Leverage Opportunities: Property allows for smart leverage. By using mortgages, you can control a high-value asset without tying up all your capital, amplifying returns as the property appreciates. 4. Government Support for Homeownership: The UK government continues to introduce policies and incentives to support property investments, such as relaxed planning laws and schemes for first-time buyers. These moves keep the market active and accessible. In uncertain times, the property offers a tangible, income-generating asset with long-term stability. If you’re serious about building and preserving wealth, now is the time to invest in UK property!
1
1
New comment Nov 6
Why Property is the Best Asset to Hold in 2024 (UK)
1-9 of 9
VV Properties
skool.com/vv-properties-uk
Hi, I'm Vee Venski and I want to show you how to build wealth via property.
Holiday lets, buy to lets, BRRR and many more.
powered by