Richard sits down with serial entrepreneur Laura Noble to discuss the popular and often misunderstood world of Serviced Accommodation.
Laura opens up about the good, the bad, and the ugly, leaving no stone unturned.
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- Which investors would be interested in serviced accommodation
- Laura’s story as a young, serial entrepreneur
- Laura’s accidental stumble into the world of S.A.
- The power of networking and contacts
- The power of mentors and coaches
- R.O.I. compared to normal residential BTL returns
- Location, location, location
- Who forms the market for S.A. tenants?
- Airbnb versus Booking.com
- Bigger start-up costs to keep in mind
- You’re furnishing a home, not an empty rental
- What Laura would do if she was starting over again
- The critical point of turning over between rentals
- Outsourcing different S.A. headaches
- Laura’s lesson involving a baby and a pair of scissors!
- Systems and structures