Shaz explains how no money down deals work and takes us through a deal of his own that is a great example of how well ‘no money down’ deals can be a great way to build your property portfolio

He also answers questions about shares and purchasing probate properties along with more information about taxes in this informative episode

 

KEY TAKEAWAYS

• You can find a joint venture partner and work with a funder
• 100% of the funds came from the two other partners
• Trusts have a limited life
• If you are a property developer and you don’t spend more than 10% or £10,000 refurbishing a probate property no stamp duty is paid
• When a dividend is paid it will be taxable
• Alphabet shares mean you can have different classes of shares
• It gives the flexibility to pay people different dividends according to the class of share they own
• A dividend waiver is complicated and should be avoided
• The funds in the company need to be sufficient for some shareholders to be paid a dividend and others to leave their money in the company

 

BEST MOMENTS

‘I haven’t put in a single penny of my own’

‘You can have shares from A, all the way to Z’

‘I’ve gone on to do quite a few no money down deals’

 

VALUABLE RESOURCES

[email protected]

 

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

•   Facebook

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  YouTube.