In this article, we put some of the best brains together to find out what exactly are the ways that Londoners can make cash out of the London 2012 Olympic Games. Right here is our top four;
Rent out your House/Flat For July and August
This is our favourite idea with vacant hotels rooms rapidly filling up, what better way to dovetail a properly-earned holiday with commercial enterprise. Online sites helping people rent homes for the Olympics are beginning to appear and it’s a really easy concept. Costs for rentals will range from city to city and from property to property but in essence the recommendation is to charge whatever you’ll normally pay for a months lease, as the weekly Olympic rental in July and August. At these prices smart landlords should be keeping an eye on their properties to watch out for sub-letting.
The websites usually cost a one off price to advertise, and everything else is left to the renter and rentee. Use an escrow service and just be sure you draw up contracts to cover each eventuality and ensure that your deposit will cover any breakages etc. Says John Legg from London Games Rentals, ‘it’s a good way to make a little bit cash, and pay for that once in a life time vacation as well. Our clients are delighted on the prospect of a month off thanks to the Olympics.’
Olympic guests have to go out. In July and August many shows might be over subscribed by a factor of at the least two.
Buying up tickets to West End shows, or concerts at Wembley is a superb method of doubling or even tripling your money. With visitors paying top prices for anything they touch, the prices of tickets will naturally get more expensive. Buy now and sell in July for the optimum gain. Just be sure you think the method through though; in case you may find yourself shedding money.
Go On Holiday
With people trying to come to the United Kingdom from everywhere in the world for the Olympics Accommodation 2010 Olympics, there is also a chance to do home exchanges. Again, websites exist for this and it makes sense for the amount of overseas stock to go up over the period.
Your normally priced holiday could come in at the very least twenty % cheaper, particularly in the event you look and book early. There’s additionally the additional advantage that your holiday turns into a greater experience, as you will be staying in the lap of luxury of someone else’s home with all of the creature comforts that brings. Consider searching for properties from other English speaking countries to make the process as seamless and drawback free as possible.
These ideas might not be for you, but think about them. When will you ever get such an important opportunity given to you such as this? This is the third time in the history of the Games that it is going to be hosted in London, I doubt if we are going to ever see them in London again in our lifetimes.
Alternatively you possibly can simply stay in London and revel in what the London 2012 Summer Games will bring; blocked roads, publics transport brought to a halt, inflated prices, general strikes and naturally, miserable Londoners.
Enjoy the Olympics if you can.