In this episode, Alex and Pooh address a common challenge faced by new property investors - sourcing their first service accommodation deal. They provide valuable tips for standing out from the crowd, such as avoiding scripted conversations, networking in person with agents and landlords, and consistently sharing about their business on social media. Emphasizing the importance of being genuine and knowledgeable in the industry, they advise listeners to educate themselves before diving into property sourcing and to ensure they have a solid understanding of the market before making any commitments.

KEY TAKEAWAYS

• Instead of relying solely on cold calling, make an effort to meet agents and landlords in person. Shake hands, look them in the eyes, and present yourself professionally to stand out from the crowd.

• Focus on adding value to others, whether it's through conversations, mentorship, or online presence. By providing genuine help and insights, you can attract leads and build relationships effectively.

• Maintain a consistent and professional presence on social media platforms. Showcase your expertise, experience, and offerings to establish credibility and trust with potential partners and clients.

• Before diving into sourcing properties, ensure you have the foundational knowledge and skills required to execute deals successfully. Being prepared and knowledgeable will help you build trust and credibility in the industry.

• When interacting with others, be genuine, honest, and transparent about your experience and knowledge. By offering genuine help and insights, you can build authentic relationships and resonate with potential partners.

BEST MOMENTS

"You've got to make sure that whether you're talking to agents, whether you're talking to landlords, whether you're posting on social media, you've got to actually have the foundational knowledge to know what you're doing."

"You want to be sure that the deal stacks before you get too deep in because if you just get too excited, you get offered a deal and you start jumping up and down and ready to take anything."

"You're not a school teacher who's trying to build this on the side or a plumber who's doing a bit of a side hustle, you're now a full-time serviced accommodation host and make sure you're identifying as one."

HOST BIO

Alex & Pooh have built a portfolio of over 16 Serviced Accommodation Units and 10 Buy-To-Lets collectively over the last 5 years.

This AirBnB Business has allowed each of them to create their own tailor made ‘lifestyle by design’.

Pooh chose to escape the corporate life as an electrical engineer instead to spend his time at home with his young and growing family, and Alex likes to spend most of his time in sunny Spain enjoying his love for road cycling or even hiking in the Tramuntana mountain ranges.

CONTACT US

Facebook - https://www.facebook.com/alex.mannock/

Instagram - https://www.instagram.com/theairbnbnomadspodcast

TikTok - https://www.tiktok.com/@theairbnbnomadspodcast

YouTube - https://www.youtube.com/@Lifebeyondbroke/