In this podcast episode, Kevin speaks to Jehan Anis a chartered accountant and tax advisor who used to rent out properties he owned to tenants. Until that is he completed the Serviced Accommodation intensive course and the Mastermind. Soon after which he ended up setting up a portfolio of 15 SAs in under a year.
He explains why he now also sources SA properties for others. Including investors and high tax bracket earners. In the podcast, he shares details of the potential tax benefits of owning or investing in SA property. Including, letting someone else manage the property for you.
KEY TAKEAWAYS
Jehan has 15 rent to SA units in Birmingham and is adding more each month.
The CoVid crisis forced him and his team to think outside the box, which helped growth.
Going out there and actively seeking out clients is better than waiting for them to find you.
SA is an attractive investment vehicle. You can leverage this fact and grow extremely fast with the help of investor´s money.
Once you get it right, estate agents and letting agents will be offering you properties. They will want to work with you.
If you do rent to let SA it pays to improve the look of the properties and take care of them.
Jehan´s tax background has helped him to maximise things like capital allowances. He explains how in the podcast.
It is possible to offset capital allowances against your other income.
Kevin is offering free access to the Discovery Day that kicked off Jehan´s successful SA business. Details of how to get access and benefit yourself are in the podcast.
BEST MOMENTS
‘More than 75% of the bookings we now get is from long-term corporate clients, contractors.’
‘Landlords feel that the properties are kept in much better condition as opposed to a normal family let. ‘
‘You can offset those allowances against your other income, not just the serviced accommodation income. ‘
‘Please attend these free events. There is a lot of knowledge in these free events. ‘
GUEST RESOURCES
Jehan is a co-founder of Xclusive Living. He has been in the Serviced Accommodation business for over 18 months and has a sizeable Rent to Serviced Accommodation portfolio. He also help investors source R2SA and Buy2SA deals in Birmingham.
Jehan Anis Facebook
EPISODE RESOURCES
http://bit.ly/sastrategy
VALUABLE RESOURCES
The Serviced Accommodation Property Podcast
https://propertysoldier.co.uk/
Rich Dad, Poor Dad by Robert T Kiyosaki
Serviced Accommodation Success by Kevin Poneskis
ABOUT THE HOST
Your host Kevin Poneskis enjoys public speaking, travelling, exercising, and keeping fit. He also enjoys working with a charity called STOLL which provides accommodation and training for homeless veterans.
Kevin was in the British Army serving 24 years, mostly in a Commando unit, and retired at the rank of Regimental Sergeant Major. He left the Army in 2011 and became a full-time property investor. During most of his Army career, Kevin was investing in property and has been a property investor now for over 27 years.
CONTACT METHOD
https://en-gb.facebook.com/propertysoldier/
[email protected]
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