07/08/2024
Have you ever assumed the area you lived in was not profitable (if outside of London)?.... Well you could be wrong.
1. Although London has a high demand, other areas with a lower occupancy rate could be just as profitable if the nightly rate is high enough.
2. When analysing your deals it is important to take into consideration all factors and not completely right-off a property based on a low occupancy.
3. When finding your first R2R property it's important to consider the distance of the property from where you live. This is because you are likely to be more hands on as you figure out the operations side of things.
