What’s the Company structure for commercial conversions? is a frequently asked question and in this episode, Shaz explains all

He shares invaluable content on why setting up a holding company provides the flexibility you need to be able to scale and grow and explains why when you are a trading company there are potentially useful tax reliefs available

 

KEY TAKEAWAYS

• Only do one commercial conversion per company at any one time
• Before you do your first commercial conversion set up a holding company
• A holding company gives you the flexibility to move finance around
• You can have different classes of shares
• A trading structure is when you buy, refurbish, and sell properties
• If it’s a trading structure when you sell shares in the company you can claim substantial shareholding exemption
• If you are holding properties the company becomes an investment business and you lose some tax relief
• Make sure you are clear about holding or selling and stick to the plan

 

BEST MOMENTS

‘It’s called a holding company because it holds all the shares for the SPVs you own moving forward’

‘You lose if you lose trading status’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

Shaz is sharing the top 5 key things that will really make a difference, making it easy for those who are just starting out or want to grow their property business

He discusses why you don’t need lots of money to get into property and how commercial conversions are game changers

If you want to grow your business advice from those who have experience and credibility is always worth listening to and as Shaz  explains if he had known this stuff earlier he could have moved forward and grown more quickly

 

KEY TAKEAWAYS

• You don’t need lots of money, you can use ‘no money down’ to make great deals, it’s a game changer in growing your property business
• It creates your own network of investors and you can scale because you can do more than one deal at a time
• With more investment, you can move into bigger deals involving multiple properties
• If you have the expertise you can work with people who have money and both benefit
• Commercial conversions have great margins  and are a great way to grow your property business rapidly
• Learn to leverage your time so that you are using your expertise and time in the most effective way
• A good deal sourcer can do all the hard work in their area of expertise
• A good accountant who is a specialist in property is invaluable
• You have to have the right mindset to become a bigger property developer
• Whether it’s a big deal or a small deal the effort and time needed are similar so going big is worth it

 

BEST MOMENTS

‘They have earned their stripes and are talking from experience so listen to them’

‘The more stuff you give away to others to do, the more it frees up your mind to work on your core competencies’

‘Do what you are really good at it’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

Shaz has done the hard work for anyone who is wondering where in the UK to invest  and compiled a list of the best places and explains why in this episode packed with valuable content

From Manchester to Glasgow there are great places to look at carefully if you are a property investor. You need to make sure the numbers stack up and know which strategy you will be using along with visiting to get an accurate view of what a place is like. Listen in and you will know exactly how to get started on choosing your investment area with all the information you need because it’s when you take action the magic happens

 

KEY TAKEAWAYS

• The gap between house prices in the north and south is expected to close in the next 5 years
• Manchester outperforms other areas for rental yield so it’s an area to look at carefully
• There are great opportunities for investing in Manchester because of the growth
• Newcastle is a very fast growing city and is an attractive investment for rental properties and serviced accommodation
• Nottingham has a strategic plan that is expected to add nine billion to the economy
• Substantial resources are being allocated and the opportunities are great for investors
• Bristol has two universities and is attractive to young people with high demand for rental properties
• In Scotland, Glasgow has 65,000 students many of which make it their home following graduation. House prices are rising so getting in early as an investor is key
• Look at which areas will give you the best rental and capital growth
• Consider the areas that your demographic and target tenant will want to live in
• Always crunch the numbers to make sure they stack up
• Have a clear idea of what you want and the strategy you want to use

 

BEST MOMENTS

‘When it comes to investing it’s all about location, location, location’

‘The percentage of private rental properties in Newcastle has doubled in the last twelve years, it’s a proven market’

‘I think it's well worthwhile investing in Glasgow because it has both great rental rates and capital appreciation 

 

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
•   LinkedIn
•   Instagram
•   YouTube.

Stamp duty land tax (SDLT) is one of Shaz’s favourite topics but is also one of the least understood in taxation.

Shaz takes a look at how stamp duty land tax works and some of the rules and procedures that apply to it, including the thresholds for different bands of payment and some of the rules around uninhabited properties and multiple purchases. Listen in and learn more

 

KEY TAKEAWAYS

• Stamp duty land tax applies to both freehold and leasehold land and property
• The rate of tax paid depends on the size of the property and if it is residential or mixed use
• Stamp duty land tax is a tax on the transactions themselves
• For non-UK residents, there is an additional 2% surcharge  payable on any property purchased in England and Wales
• A stamp duty land tax return must be sent to HMRC and the tax paid within fourteen days of the effective date
• If you think you may be entitled to any exemption seek advice from a specialist
• Between 2019 -2020  revenue collected from stamp duty land tax  amounted to around 11.6 billion, a significant figure
• If you buy more than 6 individual dwellings in one transaction it can be considered a commercial transaction
• You can claim multiple dwellings relief when you purchase more than one property in a transaction
• If you can evidence a property being in a particular state on the effective date you can pay non-residential rates of stamp duty land tax
• Stamp duty land tax is a complicated area and there are many exemptions and reliefs

 

BEST MOMENTS

‘Before you buy a property you must do the maths and give yourself the options and see which one gives you the best outcome’

‘It’s usually better to seek a refund after paying the initial rate of stamp duty land tax’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

In this episode, Shaz looks at what you need to do to put yourself in the right place to attract JV partners

Hear about why it's important to believe in yourself and begin with smaller steps and do smaller deals that will build your credibility and believability.

When you are getting started you need to be on social media consistently sharing what you are doing, what’s going well, what’s not and what you are learning

Building a social media presence and sharing your expertise will build your credibility and believability so that those with money to invest will know what you can do for them, listen in, and get started

 

KEY TAKEAWAYS

• Any stumbling blocks are magnified by you in your mind
• No money down isn’t a complicated strategy
• Become comfortable with being uncomfortable
• Get out and on social media sharing the deals you are doing
• Start with smaller deals and share the information about what you are doing, what worked well, what didn’t and what you learnt
• If you share on social media people will start to follow what you are doing
• If you are interested in no money down deals start with smaller deals and share what you are doing
• You need to build believability by showing people the work and what you are doing behind the scenes
• Build credibility by being upfront, honest, and transparent, answering people's questions and showing you have the expertise

 

BEST MOMENTS

‘Just be open about what you are doing’

‘The more vulnerable you are the more human you come across as’

‘Everyone understands that there are challenges so being transparent and honest makes you more relatable’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

 

When people are building their property portfolio they often set a goal linked to achieving a certain number of properties but Shaz explains how looking at the income you want to achieve and the different strategies available mean you can reach your goal faster

He uses his own recent project as an example of how you can achieve more with a joint venture partner and takes us through the numbers and strategies that helped him to reach 21 properties in under 2 years

 

KEY TAKEAWAYS

• Use the numbers’ goal and link it to your desired income figure
• Make an income number your goal and use a range of property strategies to achieve it
• Work with a JV partner to get the deals you want
• Developments with multiple properties will help you to grow more quickly
• The more properties you have the more income you can generate
• Focus on finding good deals and a JV partner
• Start with smaller deals, keep it simple and you can rapidly scale

 

BEST MOMENTS

‘Most people focus and measure their goals through achieving a set number of properties’

‘Go in a different direction and you could do better than most others’

‘We did it from start to end in 21 months’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

Whatever the deal you are looking at its important to have an accurate appraisal and in this episode, Shaz explains stage 1 of his 3 stage process for appraisal

When you have worked out an overview of costs for acquisition, net saleable area, and development you will know if the deal is worth looking at further

Shaz explains the process and then takes us through an example so this is a great  episode that will get you started on the vital process of appraisal as a property developer

 

KEY TAKEAWAYS

• The first question about any potential deal is whether it fits your criteria
• Work out the net saleable area you can develop and the costs
• You need to understand how much it will cost to develop the property
• Calculate the price of acquisition and include all associated costs like legal
• Work about how much funding you need for acquisition and how much for developing the project
• When you have worked out the profit margin you will know if the deal is worth looking at further

 

BEST MOMENTS

‘It gives a good idea about whether you should look at a deal further’

‘If at any point I think it’s not working out I know to not do anymore’’

 

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

·    LinkedIn

·    Instagram

·    YouTube.

Different deals work for different people and Shaz explains how when you understand what you are good at and what your parameters are and you can confidently look at whether a deal is right for you. When you make sure you look at any deal with your head, not your heart, have the right budget in place and always review both the potential upside and the downside then you have put yourself in the right place to make the deals that will work for you

 

KEY TAKEAWAYS

• Don’t be desperate to do a deal, it will lead you to deals that don’t work for you
• People are usually sharing their experiences when they talk about deals that won’t work out
• Always have a contingency in place
• There will always be things that are unexpected but this should not be a regular occurrence
• It’s a business and the numbers have to stack up
• Use your head and think about your tenants, it’s going to be their home
• Make sure you have organised the funding and stick to the budget you have set
• Always think about the upsides and the downsides of any deal
• Property is an illiquid asset because it can take time to sell
• As a landlord, you must avoid overleveraging your portfolio and over-borrowing

 

BEST MOMENTS

‘You can sometimes find an absolute gem that's not in the best location’

‘If you can make it work do the deal’

Work with your head not your heart’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As an entrepreneur with extensive experience and expertise, Shaz has some great tips on what you can do to develop and improve your mindset

He has learnt to think about things in a different way and explains why mistakes are the gift of learning, how taking responsibility and being decisive about taking action are crucial and shares the key to self-management

Those who want to learn, listen, change, and improve usually do better than those who don’t, action is a wonderful thing so make listening to this episode the first action you take in developing the right mindset

 

KEY TAKEAWAYS

• Mistakes are lessons, there is no failure and you shouldn't let it hold it back
• When you make mistakes learn from them and move forward in a better way
• Embrace your mistakes and take action to make a difference
• Take responsibility for what happens in your life and what you have control over
• Those who take responsibility are usually more successful than those who don’t
• You need to be decisive and take action for things to progress and improve
• Motion beats meditation, it’s important to stay in motion to achieve your goals and move forward
• Self-management is crucial because it leads to effective focused time management
• Be disciplined to get the most out of your day
• Surround yourself with the right sort of people, those who can support and inspire you

 

BEST MOMENTS

‘Everyone makes mistakes, it’s just how you react to those mistakes and what you put in place to avoid them happening in the future’

‘Take responsibility - it will be a game-changer for you’

‘Sitting on the fence gets you nowhere’

 

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
•   LinkedIn
•   Instagram
•   YouTube

Shaz has identified the five key areas you need to think carefully about before investing in property.

These tips are a good starting point for identifying the best areas to invest in and how to do the research that will mean you are buying  income-producing properties that work for you generating positive cash flow every month and providing capital growth over time

Investing in property is a great strategy but you do need to put in the work so that you invest in properties that you can afford, that cashflow and are in demand, Shaz explains exactly how to do it, listen in, and hear more

 

KEY TAKEAWAYS

• The UK property market is a good place to invest because the market is continuing to grow
• You buy property for rental income and the capital growth over time
• You are looking at regular income and capital appreciation as a bonus
• Property investing is a long term strategy
• Rental income can be used to cover the mortgage and maintenance with the surplus as your profit
• Look for areas where there is a growing population
• Positive economic growth due to corporate growth plans and regeneration are good indicators
• It’s important to understand what’s driving growth in an area
• Location is important both from an investment perspective but also consider geographical locality for how practical it is for you to manage
• To find the best income-producing properties you need to do the research

 

BEST MOMENTS

‘You need to have a clear strategy in place and do what you need to do to make your business work’

‘You have regular recurring income every month’

‘Aim for positive cashflow every month’

 

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
•   LinkedIn
•   Instagram
•   YouTube.