Skip to main content

Holiday Lets or Serviced Accommodation are the ultimate cash-flowing strategy for your residential property, the cash flows in and if you are not careful, straight out again. The roller-coaster of a seasonal business is tempting in our gorgeous seaside location so read here to discover the ups, downs, pluses and minuses of Holiday Letting.

Summer ends with a festival

The sun glitters over the sea, the music plays and we enter the fray once again. Victorious festival brings a buoyant conclusion to the Summer season in Portsmouth this year.

Continue reading
  76 Hits

Down with the Rentier class

 "Modern economists agree that the power dynamics of the rentier-tenant relationship are oppressive" Wikipedia.

Continue reading
  134 Hits

Working remotely strike 2!

Having faced certain challenges last month, the second attempt to work remotely proves to be even more challenging

Continue reading
  168 Hits

Not remotely in control!

I have taken the plunge and bought a camper van. Surely there is nothing that can't be done from a remote location…

Continue reading
  160 Hits

What happens when your business starts running you…

 After 6 years of throwing myself wholeheartedly into my business, I am now ready to step away and see if it has legs of its own. The things that I own have ended up owning me and I am just a little worn out. My son has also left home so freedom beckons.

Continue reading
  231 Hits

Legislation beckons

As the rental space became overwhelmed with paper and legislation, holiday letting was a breezy, carefree alternative. No tenants, licences or council visits. Not for much longer!

Continue reading
  283 Hits

A place in the Sun?

By now, my readers will know all about holiday letting in Southsea, but do you dream of foreign climes? 

Continue reading
  213 Hits

Dry January

Once again the tumbleweed is blowing through the bookings in the short let industry, what to do?

Continue reading
  304 Hits

2022 is a year best forgot, roll on 2023

 Life is a leasehold and far too much of '22 was spent in a legal knot with a business partnership that was no longer desirable. As I end '22 with it finally over, and with myself in recovery from a very challenging experience, the New Year brings a different sort of goal.

Continue reading
  245 Hits

November notes for a small business

Remember, remember, November means admin on this team…

Continue reading
  253 Hits

Autumn leaves

Autumn is the time for planning routine maintenance and counting the 'falling leaves of bank notes' of the Summer season.

Continue reading
  220 Hits

What the!!!

The recent financial shock has yet to be felt in the holiday let market, but what does it mean for hosts?

Continue reading
  212 Hits

What the fuel price increase means for your holiday let.

Remember the good old days, when you went to a holiday cottage armed with your own linen and a bag of £1 coins for the meter? Are we returning to these times?

Continue reading
  273 Hits

Ready, Steady Summer!

Stop the clocks, forget the social life and make hay while the sun shines. This is why we do it folks!

Continue reading
  454 Hits

Does increased legislation really help?

There are many calls for greater legislation; whenever there is a complaint these days the answer is to increase the bulk of the Law. I believe that we should rip it up instead and let the market decide.

Continue reading
  264 Hits

Sharing economy- opportunities to make and save money are still there

  You can loan out a room, camper van, driveway and household equipment, even the family dog. What are the most practical and realistic ways to benefit from this way of operating?

Continue reading
  349 Hits

Ups and downs for short term rentals

Enthusiasm for the sharing economy seems like a distant memory…before Covid, many of us were busy mucking in and sharing/renting our homes, vehicles and household equipment. Some of us started using Airbnb professionally, where is it going next?

Continue reading
  285 Hits

Notes from distant places

The world of property has consumed my last month. A business trip to the French Alps, working on the new Plymouth project and fresh determination to systemise and outsource parts of my business.

Continue reading
  479 Hits

Airbnb: From home share to $4bn global titan

I am going back to the roots of Airbnb with a home share this weekend, the global corporation has modest roots that still work just fine.

Continue reading
  284 Hits

Long distance investing

 I am not exactly writing from a far away beach but our long awaited bungalow in Plymouth has its renovations underway. This is a new way of updating properties for me, an 8 hour round-trip has to be taken seriously!

Continue reading
  333 Hits

On board USS Small Enterprise, Star Date 2022

I am a starter – this means that I am comfortable setting things up, winding the clockwork handle, but then like to see things roll away. 2022 brings another new start for me so happy days.

Continue reading
  331 Hits

Life from the sofa...

 November is creeping into December. It is a full 2 months since I have set foot inside any of my holiday let properties (broken ankle…still!) and my imagination is running riot with imagined disaster.

Continue reading
  297 Hits

Looking forward to a relaxing retirement (just not quite yet)

October is tax time around here. I seem to have acquired several small Ltd Companies, part of an LLP as well as self employed, payroll, pensions and land & property pages, as well as the FHL (furnished holiday let) parts of my own tax return. Can you beat my record number of tax pages?

Continue reading
  339 Hits

A sharp intake of breath

 September this year has brought something of a slowdown after the hectic staycation boom of August. Fate has intervened again with a broken ankle so how best to make use of the time?

Continue reading
  476 Hits

Ending the Summer Victorious

This year I decided I wanted it all, my desire was to max out the holiday lets AND attend the glorious Victorious with my friends. Was this too much to ask?

Continue reading
  436 Hits

Do you follow the stars?

Holiday accommodation ratings systems have been around for a long time, but are they still fit for purpose in the digital age?

Continue reading
  456 Hits

Finding my special niche

Shiny pennies in the property world…I am by nature discontent and fidgety. Having a property business fits this very well as all manner of things get thrown at you, but the latest idea to take my attention is a keeper for me.

Continue reading
  502 Hits

CCTV A Mixed Blessing, But Then, So Are Guests

 I took the plunge and bought ring video doorbells for my holiday lets, I really was better off not knowing!

Continue reading
  582 Hits

Spring clean 2021

Sweeping the pavement outside my short lets in Orchard Rd, I wondered how this old-fashioned habit had died. (Editor note: This is NOT a picture of Charlotte cleaning her door step!)

Cleaning the front step used to be a matter of pride for many households. This small threshold literally welcomed people to your home and displayed to the street that you were a person that did things properly and took pride in yourself, your work and home.

Continue reading
  478 Hits

When is a holiday let not a holiday let? When it is a holiday home….

 There have been stirrings and accusations in the world of holiday lets this month as HMRC announce a clampdown on holiday homes. Where does this fit in to the jigsaw of short term lets?

Continue reading
  648 Hits

Holiday Lets in The News, good and bad

This month short term lets have been splashed across the local paper for good and bad. Nothing can quell my enthusiasm for opening up properly on 12th April but have I slowed down too much to get back into business?

Continue reading
  470 Hits

'It's no holiday' - literally

I don't do stocks and shares, I don't do bitcoin, I am not even sure what FOREX trading is. Received wisdom is that wealth is best retained by diversifying your portfolio to weather the storms of financial life.

Continue reading
  582 Hits

2020 - Ouch!

A slap in the face is more effective than ten lectures. It makes you understand very quickly. Leopold von Sacher-Masoch

Some financial knowledge comes easily, some is learned through sweat and some lessons must be a slap-in-the-face before they finally come home.

Continue reading
  590 Hits

What is the difference between a rogue and a craftsman?

As landlords, we have all struggled with building trades over the years – big jobs are easy, you have a surveyor or similar to manage it, a contract with a builder chosen by tender and whilst much of the work is done 'as fast as possible' as opposed to as 'well as possible' generally, as long as the snags get properly recorded and resolved all is well.  But... 

Continue reading
  846 Hits

Guest Blog - Jonathan McDermot, TPX - How To Make Money With Property

So it's a rainy Sunday morning in Gosport and I have been reflecting upon the current state of the property education sector here in the UK. Like everyone else my Facebook and other social feed's are flooded with offers of free seminars, no money down deals, promises of a 7 figure salary or business, health, wealth and happiness!  

Continue reading
  581 Hits

Rock 'n' Roll bank holiday weekends return

How do you get your kicks in lockdown? My rebellious younger self wouldn't recognise me.

Continue reading
  553 Hits

Bouncing back (like an old tennis ball...)

Optimism deserts me as we dig in for the long Covid haul 

Continue reading
  1204 Hits

The Thing About Smart Appliances

Charlotte is having a month off, so I thought I'd use her spot to share a thought this month as I just bought a new washing machine for one of the houses.  At £229 from with free delivery it was a no brainer, why even try and repair the old one. Not only  was the new one  A+++, it had a 10 year parts guarantee AND it was SMART - but that's where my worries began

Continue reading
  855 Hits

It's no holiday for anyone...

 What has the PDPLA ever done for us? 

Continue reading
  825 Hits

The C-word

What an err…interesting month it has been. For the first time in many years I have attended to numerous projects outside of the business…

Continue reading
  1182 Hits

Reflections on the current times

I like my small business, it feels good to break free from work, shift for yourself and hear the ker-ching of money you have made yourself. This last 2 weeks has been eerily quiet so a great opportunity to reflect (as well as clean my much-neglected house).

Continue reading
  1061 Hits

Global Pandemic, weather mayhem and cancellations….

What happens to your short term let business when guests, or weather events of Biblical proportions, let you down?

Continue reading
  969 Hits

What is your business character?

Diversify or specialise, think big or be content with small, be out there or safe in here..

There are many sorts of people, a few ways to put them in categories could be specialists vs generalists, big-picture vs attention-to-detail, risk taker vs risk-averse. Personally, I am each and every one depending on the day of the week!

Continue reading
  942 Hits

If you want to go fast, go alone. If you want to go far, go together.

Swept up in ‘this time next year we will all be millionaires Rodney’?, never fail to create a joint venture agreement. Pulling together gives great value but what happens when you are pulling against each other?. My transition from Teacher and landlord to Serviced Accommodation provider has been enlightening of the value of the unseen benefits, and some of the disadvantages, of working for yourself and together.

Continue reading
  930 Hits

Life's a beach (or within 500m of one)

Roses round the door and a lovely view? Fireplace? hot-tub?..we all desire must-have items for a holiday cottage but as an investor do the expensive options make for a good return?

Continue reading
  754 Hits

Take back Control

Going along the path from landlord to business owner brings many twists and turns and endless err…learning opportunities but there are common themes to each strand of business.Whether single let, HMO or Serviced accommodation these things are true.

Continue reading
  893 Hits

Load of Rubbish!

Don"t you just love saving the environment? If I know landlords, the only thing they like to save is money so I thought I would have a crack at combining the two and give a few ideas that do both.

Continue reading
  872 Hits

While I was paddling up the Zambezi River...

On a boat today, at the confluence of the muscular Chobe river and the mighty Zambezi. Where trucks wait patiently for 3 weeks to board the Kazangula ferry from Botswana to Zambia. Four great countries share a border midstream. Botswana, Zambia, Zimbabwe and Namibia. Divided by culture, language, allegiance and ambition.

I am enjoying the fruits of my labour with a big family trip to Botswana. But what are the lessons for my business?

Continue reading
  760 Hits

The domino effect of student tower blocks

Market trends. You may wonder why, oh why it is a good idea to spend up to £800/month on a room in a cluster-flat in a student block. It would appear that students may not be the dim-witted sheep that the developers presumed.

Continue reading
  987 Hits

Our Strong Island

To welcome visitors? Or to huddle in our insular security? Portsmouth is very much an Island City both in geography and mentality. It is both what makes us special and hinders our progress. Whatever you view our place, it is a one-off location. This month I share some views from fans of our City, Pride in Pompey is strong and after 25 years here I am almost a local.

Continue reading
  938 Hits