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_royboy_
02 Jan 10 10:33
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Date Joined: 01 Dec 05
| Topic/replies: 302 | Blogger: _royboy_'s blog
Wondered if anyone had any experience of running their own b and b?

Would be something we would work toward over next 3-5 years. Missis would take up day to day running where as i would continue with my normal job (software so can work from home - wouldnt be dependent on the income from the b and b). Looking at peaks/lakes - any thoughts - Anyone done/doing it

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Replies: 51
By:
ours4keeps
When: 02 Jan 10 10:42
Always thought it looks like really hard work. Up at 6.00 EVERY morning, cooking, changing beds, making small talk with annoying yanks, lots of health and safety nonsense to navigate, having to arrange holidays for off season (must be a bugger if you've got kids in school), never really being able to get properly leathered as you've gotta be up at 6 frying mushrooms, annoying yanks....

good luck, by the way.
By:
_royboy_
When: 02 Jan 10 10:45
up at 6 anyway with the dog - i can still get leathered as she will be doing most of it!

Sounds like a piece of p155
By:
squares
When: 02 Jan 10 10:47
Agree it is really really hard work, almost a way of life where your home and your time is not your own as opposed to a little something on the side you can dip in and out of.

Also, H&S and all the rules and regulations required to achieve the gradings to enable you to advertise with Tourist Information and in various brochures is a whole load of extra hassle and expense.
By:
Paulie Walnuts
When: 02 Jan 10 10:48
40% discount for chit chatters imo
By:
punterfleecer
When: 02 Jan 10 10:48
you have to change the bed sheets every day, it wouldn't be nice to see what you might find there

if there's en-suite rooms, then someone will have to do the job is cleaning sh!t on the side of the toilets
By:
_royboy_
When: 02 Jan 10 10:50
grim
By:
punterfleecer
When: 02 Jan 10 10:50
but i suppose the wife would do that
By:
_royboy_
When: 02 Jan 10 10:50
we are both late 20s so have the sp*nk for it
By:
punterfleecer
When: 02 Jan 10 10:51
you could employ a Pole to do that anyway
By:
_royboy_
When: 02 Jan 10 10:54
if you had 2 rooms to rent out - say charged £60-70 a night - how many nights you reckon you would be full???

So say...

365*2 (2 rooms) = 730 nights

If you filled it 100 nights - there's £7k - she could also do other bits - reckon we could manage on that

Bit worried about the hidden/additional charges H&S etc
By:
The Leopard
When: 02 Jan 10 10:56
hmmmmm...
By:
_royboy_
When: 02 Jan 10 10:57
figures a bit optimistic?
By:
_royboy_
When: 02 Jan 10 10:57
breakfast will cost you about a fiver for two people
By:
punterfleecer
When: 02 Jan 10 10:58
they'd need to be very good rooms for £60-£70 a night

decent tv, internet connection etc
By:
punterfleecer
When: 02 Jan 10 10:58
it's a b&b, i'd expect breakfast to be served free

but i gather you're joking?
By:
cooperman
When: 02 Jan 10 10:59
Firstly, dealing with the general public is a challenge.Unless you both enjoy meeting people and solving their problems, even when it inconveniences you, i'd shelve the idea.Secondly, i'd contact the trade organisation representing b&b owners for advice.Thirdly, i'd try to get a job in a b&b to experience, first hand, the lifestyle before drawing up a business plan and committing any funds.
By:
_royboy_
When: 02 Jan 10 10:59
22" flatscreen £200
BT Broadband Option 3 £35 a month with line rental - wireless hub would allow wireless connectivity
By:
Dimitrios
When: 02 Jan 10 11:00
lmao pf !
By:
_royboy_
When: 02 Jan 10 11:00
i meant costs incurred by me punter

good advice cooper
By:
punterfleecer
When: 02 Jan 10 11:06
would there be a bar or access to alcohol?
By:
_royboy_
When: 02 Jan 10 11:07
fckin great idea - i want to do it even more now
By:
_royboy_
When: 02 Jan 10 11:07
genius - wp
By:
_royboy_
When: 02 Jan 10 11:08
thats where you could make your dough
By:
punterfleecer
When: 02 Jan 10 11:10
only 2 rooms though? people might feel claustophobic

7 rooms would have a more business feel, as if you're sleeping in someone's business rather than someone's house

especially with you 2 being in your late twenties, it's not the same as staying in a b&b run by 2 trusty grandfolk
By:
punterfleecer
When: 02 Jan 10 11:11
yes, and you can leave an honesty bar while you sleep, so the dough is rolling in through the night in case you get alcoholic punters, like me

you'd prolly make an extra at least £50 for 2 nights from me
By:
_royboy_
When: 02 Jan 10 11:11
no way could we afford anything more than 4 beds - and we would still need to find 100k between now and then - looking on rightmove £300k looks going rate for 4 beds
By:
punterfleecer
When: 02 Jan 10 11:13
if yer buying a 4 bedroomed house, and renting out 2, what would you be doing with the extra bedroom? kids?
By:
_royboy_
When: 02 Jan 10 11:13
ok punter i book you in for the first two weeks in Jan 2015 - special chit chatter rate of 50 sheckles a night with an honesty bar

could put a fruity in there and a pool table, fck me id never leave
By:
_royboy_
When: 02 Jan 10 11:13
yep
By:
punterfleecer
When: 02 Jan 10 11:14
nah dont do the fruit machine nor pool

would just happily sit at the bar and mutter to myself
By:
_royboy_
When: 02 Jan 10 11:14
a couple of laptops wired up to betfair...
By:
_royboy_
When: 02 Jan 10 11:15
lol - nice one
By:
Shab
When: 02 Jan 10 11:16
£60 - £70 a night?

I stay in B&Bs when working away. I paid £25 a night just before christmas. Next week, I'm in a 4 star hotel for £25 a night. And I will get that rate until March.

If you think you can charge £60 a night for a B&B you need to do a bit more research.
By:
_royboy_
When: 02 Jan 10 11:18
peak/lakes - ones i stayed in at least £60 - even in feb
By:
_royboy_
When: 02 Jan 10 11:18
Next week, I'm in a 4 star hotel for £25 a night

Kabul?
By:
Ovalman.
When: 02 Jan 10 11:20
You'd have to ask yourself why are they charging £60 a night. You would at least have to match their standards or word would spread. Not an easy investment, don't go into it blind.
By:
_royboy_
When: 02 Jan 10 11:22
like i say, im 3-5 years away, interesting views cheers
By:
Asparagus Man
When: 02 Jan 10 11:22
Lots of valid points already raised.

My parents ran a small B&B for about 5 years when I was in my teens.

It IS a lot of work - you have to get up and do breakfast at a fixed time whatever state or mood you are in.

Also if you are renting out two rooms in a 4 bed house are you going to feel your space is seriously infringed? You would need a (completely) separate room to serve breakfast in compared to your lounge.

What are you motives here - do you want it to be your main source of income? If so your investment and risk is going to need to be higher.

Location is crucial.

Any other questions give me a shout - I wasn't privy to the figures - we just about covered imo, but once the loans had been paid off we binned it. Must have made a decent amount on the house though.
By:
Ivor
When: 02 Jan 10 11:22
It is a hard life - especially if you have a bar - with some guests expecting service and company into the early hours - just in time to prepare brekkie for the early risers.
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