If you are new to property this is a great opportunity to hear about the steps you need to take to build a successful property business  

Legacy and financial freedom are the reasons why the majority of people get into property but a successful property business doesn’t just happen by chance it’s about taking the right steps and building a power team and network that can help you learn and succeed

Shaz explains why it’s a journey with challenges but is incredibly rewarding, enjoyable and can make a huge difference to other people’s lives, listen in, and hear more

 

KEY TAKEAWAYS

• Work out what type of property investor you want to be and know exactly what you want your business to look like
• Think about your long term goals and objectives and develop the right mindset
• Every deal has an element of risk but you can mitigate the risks with the right approach and planning
• Work out which property strategy you want to use and then work out the finance in detail
• When you are investing in property there are a number of opportunities and good property deals come from the contacts you have
• As you grow and expand you will need a team of experts around you – your ‘power team’
• You need a network of like-minded people around you, who you can learn from
• Make sure you have good advisors around you to help create a good business
• Property is a lifelong journey and the more time you spend on property the better the returns for you

 

BEST MOMENTS

‘When you’ve got the basics sorted it’s time to get started’

‘The more time you spend learning about property the better the  return and dividends you will get over time’

‘Networking is a great way to build your property knowledge’

 

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 shares some great steps that everyone should use if they want to do no money down deals. Building good relationships, being transparent and getting visible on social media are all important aspects of doing no money down deals.

These deals can work well for both you and the investor if you’ve taken the right steps and made sure the deal stacks up. Listen in, follow Shaz’s great tips and get out there and do the deals

 

KEY TAKEAWAYS

• Self-reflect and begin by asking yourself if you would do a no money down deal with yourself?
• Share what you are doing on social media, let people see what you are doing.
• If you want to do no money down deals you need to reach the most people in the shortest amount of time possible
• Always be honest and transparent and people will trust you
• Build a relationship first
• Does the deal stack up? make sure you’ve done your research and that the numbers work
• Your investor pack should be detailed and give the investor confidence in you and the deal
• Make sure you under promise and over-deliver
• Being  honest and open will help create and build long term partnerships

 

BEST MOMENTS

‘People want to get to know you first’

‘Make sure your deal analysis is accurate and detailed’

‘Transparency helps to build trust and mutual respect’

 

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 Q&A session hear about how you can include your children in your business structure and the best ways to do this from a tax perspective

Shaz also answers questions about title splitting, the structure of trusts and explains why

you need to achieve a balance because if you only look at the situation from a tax perspective you will lose out in other ways

 

KEY TAKEAWAYS

• If you have lived in a property there will be no capital gains tax and you will be covered by the principal private residence relief
• If you live in a house and rent a room you can claim £7,500 tax-free a year in rental room relief
• Exchange is the point at which you enter a legal agreement and is when capital gains tax is triggered
• If you are buying more than one property you can look at multiple dwellings’ relief
• There is no age restriction for adding children to your business
• With exemptions for some jobs, such as acting, children can only be paid a salary from the age of 13 years
• Create alphabet shares so that you pass on equity and reduce your inheritance tax exposure
• If you add very young children it can be more challenging if you are looking for a bank loan
• A child can be a beneficiary of a trust and everyone has a tax allowance every year
• If you transfer your properties and assets over to your children you will potentially no longer have any control

 

BEST MOMENTS

‘If you gift a property and then survive for another seven years you move outside of inheritance tax’

‘Don’t let the tax tail, wag the dog’

‘Tax should not be the only factor’

 

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 explaining the tax benefits of different business structures and discusses LLPs, limited companies, and partnerships

He also answers questions on company cars  and how to effectively structure shares to give you the most flexibility when paying dividends

This is a chance to hear great content about what you can do in your business to make sure you take are tax-efficient

 

KEY TAKEAWAYS

• If you have a business you can incorporate your  property portfolio and not pay capital gains tax
• A business is somewhere you work for more than twenty hours per week
• If a partnership incorporates there is no stamp duty land tax to pay
• A company is a separate entity
• Create alphabet shares to give the flexibility to pay dividends to only one class of shares
• Never own your home through a limited company as you will pay rental and capital gains tax on it
• LLP is transparent for tax purposes and doesn’t pay any tax it’s the individual partners that pay tax
• Capital allowances and company cars can lower the amount of profit and pay less tax to an  LLP
• Work out the best structure for your business and add the tax to find out which is the best for you
• LLPs are more flexible, limited companies are less flexible. With property have at least one business running as an LLP

 

BEST MOMENTS

‘With one property you are not that exposed’

‘With alphabet shares, you have the flexibility to pay different dividends’

‘If you are buying a car through a limited company buy an electric car’

 

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 Q&A with Shaz hear the questions people getting started in property want to know about tax and allowances

Shaz shares great information about the best ways to fund education, what you can claim as expenses and the best ways to do this

He also explains how loans to companies work best and the tax implications in this episode packed with useful content

 

KEY TAKEAWAYS

• If the company is paying a dividend then this can be used to fund education
• You can claim any expenses if they are wholly and exclusively for the business
• New training when you start out in property can’t be claimed but someone who is undertaking continuing professional development can claim for the training costs
• Keep a record of any online training and free training you undertake
• When you loan money to your company it can stay there as long as you want it to, there is no time limit
• If you borrow money from your company you have to pay interest to the company for borrowing the funds
• If the company lends you money you must repay the funds within nine months of the year end or pay tax
• 10% is a reasonable charge for interest on a loan to a company
• You have a personal allowance for each year but if you don’t use it, you lose it.
• The beauty of a limited company is you only pay tax on the money you take out
• If you are a sole trader you will pay tax on everything
• Generally, the best way to take out money is through a low salary and dividends

 

BEST MOMENTS

‘New skill can’t claim, enhancing a skill you can claim’

‘It can be better to claim at 45pence per mile than claim for fuel costs’

‘If you charge interest and you are a basic rate taxpayer the first thousand is tax free’

 

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 takes a look at some of the tax allowances that you should be looking at as a property investor to make sure you are getting the most from your business

From deciding whether to incorporate through to what you can and can't claim for this is a great episode that will help anyone to look carefully at getting the most from their allowances as a property investor

 

KEY TAKEAWAYS

• Think about whether you should incorporate your property portfolio
• Look at the potential costs and then the possible savings to see if it's worth doing
• Make use of all your tax bands and those of your spouse to gain the most from your allowances
• Rent a room relief lets you earn up to £7,000 every year
• You can claim 150% of the cost through land remediation relief where you are removing contamination from a site
• Make sure you claim all the different tax deductibles and tax-free expenses
• You can claim for anything and everything as long as it's solely for the use of your business
• Tax-free allowances include staff eye tests, mileage, and trivial benefits,  
• If you are buying six or more properties from the same person together you can use non-residential rates of stamp duty land tax

 

BEST MOMENTS

‘It’s about doing the numbers and seeing if it’s worth it’

‘Become familiar with your allowances and make use of them’

‘Work out which will give you the best tax relief’

 

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 a successful entrepreneur, Shaz has multiple businesses in very different areas with property being one of them and in this episode, he explains why it’s his favourite business giving him not only flexibility but also total freedom

He shares the aspects of property as a business that mean it is like no other business, with flexibility, freedom, and extensive strategies that you can use whether you start and scale up or have a property business as an additional income

 

KEY TAKEAWAYS

• Property is a very flexible business
• You can have a small business or scale up and become a large property business
• There are an extensive range of strategies you can use the possibilities are numerous
• It’s a great additional income and you can create generational wealth with your property business
• Property investors are usually more motivated and undertake self-development
• No business gives you as much leverage as property
• There is no other business where you can create an additional source of income without using any of your money and get capital appreciation
• You can pretty easily create £50,000 worth of net profit every year doing commercial conversions with none of your own money
• Property means you can achieve not only financial freedom but total freedom

 

BEST MOMENTS

‘If you are really serious about property you will have more than one strategy’

‘Property takes up the least amount of my time, generates the most amount of income and satisfaction, what’s not to like’

 

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 takes us through the criteria he uses when looking at a potential goldmine area

Choosing the right area is key and the critical first step is deciding on the property strategy you will be using.

From identifying your competition to understanding how far you are happy to travel to your goldmine area, this is a comprehensive list that will make sure you have considered all of the key components that can impact a successful goldmine area. Listen in, use this list, and find your ultimate goldmine area

 

KEY TAKEAWAYS

• Your goldmine area starts with you knowing what property strategy you are going to use
• If you are looking at HMO’s you need to be in a place with lots of students
• Identify how much competition there is in the area
• Always find out what the demand is in the area
• Decide on your criteria for distance and travelling – how far are you willing to travel to your goldmine area?
• What local amenities are available – schools, arts and culture, sports facilities
• What workforce is there in the area and does it fit with your tenant profile?
• Identify if there are good transport links and connectivity
• Look at the local plan for the area and find out from the LA what the growth plan is

 

BEST MOMENTS

‘Look online and see how many properties are available’

‘I like to stay close to home, so if it's an hour away that’s okay’

The more ambitious and aggressive the growth plan the more demand there will be in that particular area’

 

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, the final episode in this informative property strategy mini-series Shaz takes a look

at purpose-built student accommodation, social housing, and real estate investment trusts.

Every strategy has advantages and disadvantages, what you decide is right for you will be based on your priorities, how much you want to be involved and  what you want to achieve

Listen in to the whole series and decide on the strategies that you want to use and get started

 

KEY TAKEAWAYS

• With student accommodation, you will benefit from a consistent income cycle

and can predict and project the income you will make

• Students prefer living in purpose-made student accommodation
• Income generation is more important than capital gains
• Do your research and make sure  the demand in the area
• Social property investment is about affordable social housing options
• You can work with housing associations and the local authority and have a guaranteed buyer before you start building
• Councils can prefer a five-year lease option providing a guaranteed income stream over that time
• It’s a good return and there is high demand for this type of properties
• Real estate investment trusts are trusts that own and manage on behalf of a group of shareholders
• The trust must distribute 90% of its net property rental income  to the investors
• It’s a hands-off way of earning good returns on your investment and is very tax-efficient

 

BEST MOMENTS

‘Every strategy is different and you need to work out what’s best for you’

‘Focus on creating a good income stream and business model’

‘You are running a business and providing social value in tandem’

 

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.

So far in this great property mini-series, Shaz has covered Buy to Let, HMO’s, Serviced Accommodation and Buy-Renovate-Refinance-Rent as strategies along with

Commercial Conversions, Flips, Joint Ventures, Rent 2 Rent, New Builds and Lease Options

In this episode, he shares another three property strategies - Deal sourcing, Crowdfunding and Off-plan explaining both the positives and the potential challenges. One of these strategies could be the one that you want to get started on, listen in and find out more

 

KEY TAKEAWAYS

• With deal sourcing you don’t need a lot of money to get started it’s all about your ability to find the right deal
• When you are starting out deal sourcing for others can be a successful strategy
• The more pre-work you do the better for both the seller and the buyer
• You need to be someone who likes being in the middle and can pay attention to the details
• You can use crowdsourcing to make your money available for deals that you want
• to invest in
• It's hands-off - the crowdfunding platform does all the work
• Buying properties off-plan means you can negotiate and get a good deal early on
• Buying early will mean you will get a better deal than those buying towards the end of the construction
• If you are buying multiple properties you will get a better deal, its low outlay and you will have time to source the capital you need
• Make sure you do your due diligence and know about the developer

 

BEST MOMENTS

‘Choose the right strategy and you can get started with very little money’

‘Buying right is extremely important’

‘You can learn what makes a good deal and make a profit on your investment’

 

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.