1-1 Coaching
Unlock Your Potential with Our Rent to Serviced Accommodation Training
At Tailored Property Coaching, we're on a mission to empower individuals like you to succeed in the dynamic world of Rent to Serviced Accommodation. Our comprehensive training program is designed to provide you with the knowledge, skills, and confidence needed to thrive in this exciting business venture.
Our comprehensive training program combines both Pre-recorded Lesson Content as well as Personalised 1-1 Coaching
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What You'll Learn
Property Selection
Discover how to conduct thorough market research to correctly identify the right properties for Rent to Serviced Accommodation. As well as gaining insights to nightly rates and average occupancy rates your chosen area.
Marketing Mastery
Harness the power of digital marketing and listing platforms to reach your target audience effectively. Our strategies will help you stand out in a competitive market to achieve both long term and direct bookings.
Negotiation Skills
You will discover effective strategies for communicating the benefits and advantages of a Rent to Rent Agreement, to persuasively convince landlords to agree. Additionally, you will learn techniques for negotiating favourable terms, including securing a lower monthly rental rate, no deposit, and arranging for a rent-free period at the beginning of your agreement.
Property Setup
Learn the art of creating inviting and comfortable accommodations. We'll show you how to furnish, decorate, and equip your property at a high standard to attract and satisfy guests.
Guest Management
From check-in to check-out and everything in between, we will guide you on effectively managing your bookings across various platforms, as well as streamlining guest communication to minimise your involvement, while still delivering an outstanding experience that will result in favourable reviews and repeat business.
Legal and Compliance
Navigate the legal aspects of serviced accommodation, including becoming compliant as well as learning how to read contracts, abide by laws and regulations, and applicable taxes.
Pre-recorded Lesson Content
Pre-recorded lessons will be provided at the start of your training to guide you clearly though the stages of your journey. The 12 Lessons are structured into numerous short and detailed videos for easier and more precise learning.
Lesson 1 - Introduction to Serviced Accommoadation 1.1 What is Serviced Accommodation 1.2 Who stays in Serviced Accommodation 1.3 What are the advantages of serviced accommodation 1.4 Serviced Accommodation strategies 1.5 Location - where to have serviced accommodation 1.6 Head-lease - what is a head-lease? 1.7 Mortgage criteria
Lesson 2 - Business Plan / Setting up your company 2.1 Goals and Diarising 2.2 Setting up your company 2.3 Business Banking - opening a business bank account! 2.4 Website and Logo 2.5 Social Media 2.6 Insurance - what insurances may you need/want? 2.7 Mediation service - what is this and why you will want to be a part of one! 2.8 Data protection - keeping clients details safe
Lesson 3 - Cost breakdown / Analysing deals 3.1 Nightly Rate - how to price your serviced accommodation 3.2 Occupancy Rate - How to check the occupancy rate of the area & make a realistic estimate of what yours will be! 3.3 Booking fees - how much does Airbnb & booking.com take? 3.4 Bills - what bills will you have to pay for each property? 3.5 Cleaning - cleaning companies etc 3.6 Linen - materials/bedsheets 3.7 Maintenance - how to maintain your property 3.8 Monthly Profit Calculations 3.9 ROI calculation
Lesson 4 - Pros of a R2R 4.1 Why Don’t Landlords just do it themselves? 4.2 Selling points you can use to landlords - How to convince them! 4.3 Length of contract 4.4 Maintenance costs 4.5 No management fees - another convincer! 4.6 Renovations - improving the property for a rent free period! 4.7 Regular cleaning - another persuasion point for landlords - in your best interest to keep property clean 4.8 Tenant issues - landlord won’t have to worry about these as you will be dealing with the guests and the 4.9 No tenant rights = No late payments!
Lesson 5 - Speaking with Landlords / Agents 5.1 What is a company let? 5.2 Estate agent sourcing 5.3 5.4 Direct to landlord sourcing 5.5 it’s not about what you say, its How you say it! 5.6 5.7 Face to face meeting 5.8 Go for No! - go until complete rejection! 5.9 Always be closing 5.10 Viewing the property 5.11 Negotiating rent and making sure they understand 5.12 Presenting the offer
Lesson 6 - Answering Difficult questions 6.1 “how may properties do you have?”s 6.2 “what if you get no bookings?” 6.3 “What if you can’t pay the rent” 6.4“isn’t subletting illegal?” 6.5 “can I get back to you?” 6.6 “Why can’t I just do this myself?” 6.7 “is it going to be used for AIRBNB?”
Lesson 7 - Contract 7.1 The importance of a Contract 7.2 Can I change Things in the contract? 7.3 Break clause 7.4 Where do I get the contracts from?
Lesson 8 - Building a PowerTeam! 8.1 building a Power team 8.2 Cleaners 8.3 Maintenance 8.4 Channel manager 8.5 Flat packer 8.6 interior Design 8.7 Photography/Photographer
Lesson 9 - Staging the property 9.1 Key safe 9.2 How many people can stay? 9.3 Basic, Quality, Luxury? 9.4 Interior Design for beginners 9.5 Recommended suppliers 9.6 Zip and link beds 9.7 Sofa beds 9.8 The essentials 9.9 Thumb turn key 9.10 Wifi 9.11 Work space 9.12 CCTV? 9.13 Noise detector 9.14 Smart thermostat 9.15 Smart meters 9.16 Smoke & Carbon monoxide detectors 9.17 Welcome pack
Lesson 10 - Getting bookings 10.1 Naming your property 10.2 Rate plans & seasonal charges 10.3 Payment systems 10.4 Cancellation & refund policy 10.5 Terms & Conditions 10.6 Photos and descriptions 10.7 Deposits 10.8 Animals in the property 10.9 Minimum & Maximum stays 10.10 Getting long term bookings via Airbnb 10.11 Getting direct bookings 10.12 Long term direct bookings \ 10.13 communication with the guest 10.14 Getting reviews
Personalised 1-1 Coaching
At Tailored Property Coaching, we pride ourselves on having a personalised approach for each individual and will be there every step of the way giving advice tailored to your personal situation.
Some aspects of the personalised training are:
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Your own personal WhatsApp group chat. Immediately after joining a group chat will be created with the 4 mentors for a clear line of communication between everyone throughout the duration of your journey. In here you will be able to chat with the team, whether its just to update us or ask us questions or anything else - we will be there to help!
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Access to the team's personal numbers. You can call us at any time for immediate problem solving & instant attention!
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Personalised roadmap. Our team will help formulate a realistic business plan based on your position and where you want to be/get to with Rent to serviced accommodation, whether you're already involved in property or are completely new to it!
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Review deals together. Once you find potential deals you want to pursue, we will go through them together to make sure the investment will give you the returns you want.
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Reviewing contracts. We will go through any contracts before you sign them to ensure you are protected legally and to make sure you understand the agreement.