152 - Textbook Cashflow Business For 6 Figure Profits

<p dir="ltr">"And It Only Takes 2-3 hours Per Week”</p> <p dir="ltr"> </p> <p dir="ltr"> </p> <p dir="ltr">In this Deals, Deals, Deals Podcast Series, we go Behind the Scenes on some of the UK’s most Creative, Lucrative and Award-Winning Deals 🤩</p> <p dir="ltr"> </p> <p dir="ltr">This month, we meet Tsen Wharton, one of the newest members of The Property Entrepreneur Board who discusses becoming financially free whilst holding down a job, how he met his Business Partner, Chris Dornan, also on Property Entrepreneur, and how they grew this cashflow business.</p> <p dir="ltr"> </p> <p dir="ltr">Tsen takes us through from starting their Serviced Accommodation business to the initial failure and learnings to growing the business and team to generate over £1m in rents and a six figure profit.</p> <p dir="ltr"> </p> <p dir="ltr">Tsen talks about the demand led business they focused on, the sectors that work best, how to get new Rent 2 Rent properties, the actual numbers in this highly profitable business and finally his top 3 tips.</p> <p dir="ltr"> </p> <p dir="ltr">Tsen now spends just 2-3 hours a week to oversee this business allowing him to focus on growing their portfolio and mentoring business.</p> <p dir="ltr"> </p> <p dir="ltr"> </p> <p dir="ltr">Headline SA numbers:</p> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">28 live SA units with monthly revenue of £1m, with 2 in the pipeline.</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">72% of portfolio is emergency accommodation, 28% is contractor/holiday</p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Contractor/holiday average annual occupation is 70%</p> </li> </ul> <p dir="ltr"> </p> <p dir="ltr"> </p> <p dir="ltr">Our June episode of Deals Deals Deals is now live, tune in straight away to avoid missing the boat.</p> <p dir="ltr"> </p> <p dir="ltr">Success and Failure are both very predictable.</p> <p><strong><br /> <br /></strong></p> <p dir="ltr">Want to learn more?</p> <p><strong> </stro