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VV Properties

16 members • Free

9 contributions to VV Properties
We hit £275,000 in sales this year, but here’s the part no one talks about…
The moment you pass £230,000 in revenue, HMRC slaps you with a jump in VAT flat rate from 10% to 20%. That’s a £27,500+ extra tax bill for doing well. Ouch. But here’s what we’re doing about it (and how you can prep too): ✅ Tightened our bookkeeping – weekly check-ins, not monthly surprises ✅ Split income streams – separating management fees, cleaning, and maintenance ✅ Registered properties under separate entities (where viable) ✅ Exploring corporate lets and longer stays to reduce platform fees ✅ Reviewed pricing strategy to absorb VAT without scaring off guests Growth sounds sexy until the bills catch up. But every level has a tax. Literally. 💬 If you're nearing the threshold or already past it, share below 👇How are you navigating VAT at scale? Let’s problem-solve it together. #VATstrategy #ServicedAccomTips #ScalingSmart #VV-properties-uk #SkoolCommunity #propertyinvestment
1 like • Jul 22
Businesses: We struggle to keep afloat with a 20% tax HMRC: We’re *so sorry* to hear about these challenging times
The 3 Biggest Mistakes: New Property Investors Make (And How to Avoid Them)
Many people jump into property investment in the UK without understanding the risks. Here are the three biggest mistakes new investors make: 1. Not Doing Proper Market Research – Buying in the wrong location can kill your returns. Always check rental demand, local employment rates, regeneration projects, and property price trends before investing. 2. Underestimating Costs – It’s not just about the mortgage. Factor in stamp duty, maintenance, management fees, and potential void periods. Always have a financial buffer to cover unexpected expenses. 3. Overleveraging with Bad Financing – Just because you can borrow doesn’t mean you should. A bad mortgage deal with high interest rates or short fixed terms can affect your profits. Work with a specialist mortgage broker to secure the best financing. 📌 Takeaway: Property investment is a long-term game. Do your due diligence, understand your numbers, and finance your deals wisely to build a profitable portfolio.
1 like • Feb 17
“Just because you can borrow doesn’t mean you should” — good one💡
In 2022, I’ve restarted my business journey right at the bottom. AGAIN.
I was washing dishes in the simple cafe for the minimum wage (back then £11.20/h) and dwelling on my 100k business debt 😱 And 30 months later this 👇started to happen 1. In 2022, I’ve got 2 serviced accommodations with £30k in gross yearly revenue. And it was a difficult start to say the least… 2. In 2024, I’m proud to say we’ve collected over a quarter of a million (£) from our guests. I estimate we’d get around £300k+ by end of this year. I could never dreamed off that we could grow to these numbers and so fast 🚀 3. We’ve only X6 our UK properties and that translated into almost 10x return! 🤩 I want you to remember, GROWTH IS NOT LINEAR! it gets easier with time and with the right team and guidance! How can we help you 🫵 today on your success?
0 likes • Nov '24
Very inspiring! Thanks for sharing x
Why Property is the Best Asset to Hold in 2024 (UK)
In 2024, property remains the UK’s most resilient and profitable asset class. Here’s why: 1. Inflation Hedge: Property has historically outpaced inflation, protecting your wealth even when prices rise. With inflation concerns still in play, holding property keeps your assets strong. 2. Consistent Demand: The UK faces a housing shortage, which pushes up rental demand and property values over time. This means investors benefit from both rising asset prices and solid rental income. 3. Leverage Opportunities: Property allows for smart leverage. By using mortgages, you can control a high-value asset without tying up all your capital, amplifying returns as the property appreciates. 4. Government Support for Homeownership: The UK government continues to introduce policies and incentives to support property investments, such as relaxed planning laws and schemes for first-time buyers. These moves keep the market active and accessible. In uncertain times, the property offers a tangible, income-generating asset with long-term stability. If you’re serious about building and preserving wealth, now is the time to invest in UK property!
Why Property is the Best Asset to Hold in 2024 (UK)
1 like • Nov '24
👏🏻👏🏻👏🏻
Top 10 Costly Mistakes I Made When Starting My Airbnb Business (Avoid These to Save Yourself (£) Thousands and Countless Hours)
1. Skipping Due Diligence: Always analyse potential properties with a cash flow calculator. Numbers, not emotions, should guide your decisions. 2. Cutting Corners on Furnishings: To attract guests, invest in distinct, quality pieces. Elements like unique wall decor, pendant lighting, and stylish armchairs can make a difference, as today’s guests expect high value for their money. 3. Building Locally: Operating close to home often keeps you tied to the day-to-day. By starting remotely, you’re forced to create a strong team and set up efficient outsourcing systems from the start. 4. Overpricing Early On: For new units, start with competitive pricing to build up reviews. Once you’ve gained credibility, adjust prices accordingly. 5. Skipping a Channel Manager: List your property on multiple platforms, not just Airbnb. Services like Hosty or Uplisting can automatically publish your listing to Booking com, Expedia, TripAdvisor, and more. 6. No Pricing Software: Using static prices means missing out on high-demand bookings. Automate your pricing with software like Pricelabs to maximise revenue. 7. Poor Guest Vetting and Security: Set up a strong guest screening process, enforce clear terms, collect deposits, verify IDs, and consider adding external security measures like CCTV and noise monitors. 8. Scaling Without a Long-Term Plan: Having just 4-5 properties can be profitable, but the real cash flow arrives when you manage 10 or more, allowing you to leverage income for property purchases and long-term wealth. 9. Delaying a Virtual Assistant Hire: Outsource admin tasks early. Freeing up your time sooner allows you to focus on scaling and increasing revenue faster. 10. Lacking Standard Operating Procedures: Create clear SOPs for your cleaning team and establish service-level agreements with penalties. Cleanliness is vital to maintaining positive reviews, so it’s crucial to ensure consistent quality. If you’re looking for direct guidance from me and our expert team (covering marketing, interior design, HR, and branding) plus access to a complete suite of contracts, trackers, and tools to streamline your deals...
1 like • Nov '24
So, what if we’re indeed looking for direct guidance?
0 likes • Nov '24
@Vee Venski Sounds great! What are your contacts to arrange a call?
1-9 of 9
Yara Stepurova
2
14points to level up
@yara-stepurova-9471
Freelance copywriter based in UK

Active 5d ago
Joined Oct 21, 2024
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