Turning Commercial Property Into Highly Profitable Serviced Accommodation Businesses w/ Mark Fernihough
Founder and Director, Mark Fernihough, started out in his family business selling cars, before a change of industry led to him and his family educating themselves in property and starting a now thriving property business, Prosper Property, which serves the tourist industry in their home county of Cornwall. Mark and his team find undervalued commercial properties and turn them into highly profitable serviced accommodation businesses. Having developed their first rental property in 2005, Prosper Property now has over 70 live units, owning and managing properties valued at a total of £6.5m. Tune in to hear Mark’s tips on how to maximise your occupancy all year round, so you are no longer relying solely on the tourist season. Learn how Mark sources and negotiates the right property deals and the systems and automations Mark has put in place within the business which helps maximises profits and enables him to work on the business, rather than in it, without lowering the quality of the service he provides.
WealthTalk - money, wealth and personal finance. · Mark Fernihough, Kevin Whelan, Christian Rodwell
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Show Notes
Founder and Director, Mark Fernihough, started out in his family business selling cars, before a change of industry led to him and his family educating themselves in property and starting a now thriving property business, Prosper Property, which serves the tourist industry in their home county of Cornwall.
Mark and his team find undervalued commercial properties and turn them into highly profitable serviced accommodation businesses. Having developed their first rental property in 2005, Prosper Property now has over 70 live units, owning and managing properties valued at a total of £6.5m.
Tune in to hear Mark’s tips on how to maximise your occupancy all year round, so you are no longer relying solely on the tourist season. Learn how Mark sources and negotiates the right property deals and the systems and automations Mark has put in place within the business which helps maximises profits and enables him to work on the business, rather than in it, without lowering the quality of the service he provides.
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