๐๐๐๐ ๐ข๐๐๐จ๐ฃ๐๐ก๐๐ฌ ๐๐ข๐๐ฆ๐กโ๐ง ๐๐๐ช๐๐ฌ๐ฆ ๐ ๐๐๐ก ๐ ๐๐ข๐ข๐ ๐ฆ๐ ๐๐๐๐.โจ
I see too many people analysing Serviced Accommodation based on one thing:โจ
โHow many nights can I fill?โโจ
Wrong question.โจ
You can have an Airbnb sitting at 80% occupancy and still have a poor business if your nightly rate and costs donโt stack up.
Before I take on an SA Rent-to-Rent deal, I want to know:โจ
Can it survive at 60โ70% occupancy?โจAre the nightly rates realistic?โจHave ALL operating costs been included?โจโจAnd most importantly, whatโs actually left as profit?โจ
A full calendar might look impressive.โจ
A profitable calendar pays you.โจ
๐ฆ๐๐ฉ๐ ๐ง๐๐๐ฆ ๐๐๐๐ข๐ฅ๐ ๐ฌ๐ข๐จ ๐๐ก๐๐๐ฌ๐ฆ๐ ๐ฌ๐ข๐จ๐ฅ ๐ก๐๐ซ๐ง ๐ฆ๐๐ฅ๐ฉ๐๐๐๐ ๐๐๐๐ข๐ ๐ ๐ข๐๐๐ง๐๐ข๐ก ๐๐๐๐.โจ
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