There are lots of strategies out there and Shaz, across this property mini-series, shares great content and information about the advantages and the disadvantages of the main strategies out there

In this episode, he explains how rent to rent could be the strategy for you if you don’t have any capital and why new builds can help you scale up to being a property developer with great margins. He also explains how lease option agreements work and how to find people who want to have a lease option agreement on their property.

KEY TAKEAWAYS

• Rent to rent is renting an asset from the owner and then renting it to the occupier
• The agreement with the owner will usually be a fixed term agreement or lease and you can rent out the property room by room
• The advantage for landlords is a  fixed rent with no voids or involvement in managing tenants
• With rent to rent, you can scale up really quickly and make a good profit
• With new builds you buy land with or without planning and develop it, the risk is higher if planning is not in place
• Do a detailed appraisal with a quantity surveyor - you need to know exactly how much things are going to cost
• Rent out the houses, sell them individually or sell to a housing association
• It’s a very involved strategy that requires expertise and time but there are great margins
• With a lease option agreement, you lease the property with an option to buy
• People entering into property lease option agreements usually have a challenge with the property that needs resolving
• There are people out there who want this type of arrangement, you need to get out there and find them

BEST MOMENTS

‘If you can find the opportunities it’s a fantastic way to scale’

‘Having more than one strategy is always a good idea’

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.

This episode takes a look at joint ventures, flipping and commercial conversions and Shaz has great advice about both the advantages and challenges of these different property strategies

Shaz’s  favourite property strategy is commercial to residential but each of these strategies has something to offer the property developer and ultimately its always about making sure the numbers work, listen in and find out more

KEY TAKEAWAYS

• Converting a commercial building can be the ground floor staying as commercial and the upper floors being converted to residential or conversion of all the building
• Make sure the numbers work, commercial conversions should be at least 20% profit
• It’s a hands-on strategy and you need a good team to make it work well
• Flipping is buying a property usually below market value and doing some work to it before you sell it for a profit
• The value will increase because of the refurbishment you complete
• Flipping is easy to get into, requires less expertise and it’s a good strategy for cashflow
• You have to buy at the right price and have worked through the numbers
• Property joint ventures are about people working together to make some profit
• You need to be very clear about roles and responsibilities
• A joint venture partnership maybe someone with the expertise and someone with the finance
• The key is good communication and understanding the costs and responsibilities of everyone involved

BEST MOMENTS

‘There are lots of commercial properties for conversion out there at the moment’

‘It should be at least a 20% profit margin, if not, don’t do it’

‘You can get some really good deals, especially if you are good at negotiating’

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

In this episode of the property strategy mini-series, Shaz takes a look at serviced accommodation, HMO’s, BRR as property strategies.

He explains some of the pros and cons of the strategies and discusses the ones he uses and why, whether you are just getting into property or already on your property journey Shaz shares great content

KEY TAKEAWAYS

• With HMO’s individual rooms are let so the cash flow can be higher but there are more regulations
• You need to be more hands-on managing HMO’s
• Speak to the HMO officer at your Local Authority and make sure you are aware of the regulations
• Having more than one tenant means you are spreading the risk
• HMOs are time intensive in management and community but from a cashflow perspective they are very effective
• Serviced accommodation is good from a tax, cash flow and business perspective
• With SA you can be the owner and the operator
• Sa has good tax benefits such as capital allowances
• Be aware that finance and funding are different for SA
• Buy, refurbish, refinance and rent, refurbish to add value, refinance to extract funds, keep the property and increase your cashflow
• BRR is a fantastic opportunity and can be done on a bigger scale with commercial conversions

BEST MOMENTS

‘HMO’s can generate higher returns than a single let’

‘Serviced Accommodation, as a business model works really well’

‘You can scale SA effectively and have a great business to sell’

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

In this, the first episode of this property mini-series Shaz explains why buy-to-let is a good strategy to get started with and how commercial property can be a fantastic investment and worthwhile addition to your property portfolio

With informative content, this is a great opportunity to hear how to get started in property and connect with the strategies that work for you

KEY TAKEAWAYS

• Diversify and have two or three strategies
• Buy-to-let is a good place to start if you want to keep risk exposure lower
• You will need capital in property development but you can use other people’s, those who are cash-rich but time-poor
• It’s important to have an exit plan- you need to know at the start where you are going
• Work to have a good team around you and decide whether you want them in-house or freelance
• Buy-to-let is low risk, an easy market to enter and gives good returns
• You will benefit from having both cash flow and capital appreciation
• You need to have a plan for when the property is empty
• There is good demand for commercial property
• You can claim capital allowances and there are tax advantages with commercial properties

BEST MOMENTS

‘Connect with the property strategy that works best for you’

‘Commercial property is a fantastic investment and should be part of your overall portfolio’

‘It’s an easy market to get into giving you consistent returns’

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

In this episode hear more great tips on how to avoid the most common mistakes in property. Shaz looks at financial planning, key experts along with the importance of training and explains what you can do to put yourself ahead in your property journey and benefit from the experience and knowledge of others, listen in and find out more

KEY TAKEAWAYS

• It’s important to have a property plan and know the direction you are going in; it gives you clarity
• Know your financial goal and have an understanding of your costs
• Consider the structure you have in place for buying properties, this should be part of your plan
• Know what you are spending on a monthly basis and factor in potential unknown costs
• Mistakes can be avoided if you have a plan and do your research
• Focus on your target and how you are going to get there
• Asking the experts for advice is always worthwhile
• Work with people who are experts in their particular field
• Expanding and growing your knowledge through self-development will shorten your learning journey
• When you are planning include time and resources for training and self-development

BEST MOMENTS

‘Most investors are quite leveraged’

‘Stick to your principles, values, and targets’

‘When you find a good expert work with them as if they are part of your team’

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

If you know what the common mistakes are you can avoid them and save money and time. In this episode, Shaz looks at the most common mistakes made by those new to property investment

Property is one of the most exciting businesses out there with great opportunities

and if you take the time to learn from others mistakes you will be putting yourself on the path to success

Avoiding the common mistakes in property investment can make the difference between success and failure, listen in, and learn how to start successfully

KEY TAKEAWAYS

• In property, you need to make sure your decisions are based on logic and Knowledge
• Have criteria that you work to and view every transaction through a business lens
• Objectivity and being analytical is key in successful property investment
• Research is vital so that you understand the market, the costs of refurbishing and how to find tenants
• You can save money buying new properties because of the lower maintenance costs
• Make sure you know exactly what you are buying, negotiating about faults or damage can only take place before the deal is complete
• Does the property have the features and amenities your ideal tenant will want?
• You need to understand what your tenant, your customer wants
• Due diligence takes time but it’s always worth the investment of time
• You need to have a clear investment strategy to be successful
• Low-cost property will usually mean lower returns but are easier to buy, higher cost properties can be harder to find and buy but provide better returns and capital appreciation
• Always try to look at a property from the viewpoint of your tenant

BEST MOMENTS

‘Sometimes for all of us the heart takes over’

‘The more experienced you get the better you get as a property investor’

‘If the numbers don’t stack up always walk away from the deal’

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

These are things everyone can do to make considerable tax savings when developing property and Shaz goes through what can be saved, step by step using one of his own developments where the total in tax savings exceeded a 100k

He explains all the possible points that tax saving can be made and shares why it's so important to work with a tax expert. Listen in and hear about what steps you can make to optimise your tax savings when developing property

KEY TAKEAWAYS

• Before any tax planning, you need to ask yourself is what you are doing legal? Is it effective? Is it acceptable?
• Your tax advisor and accountant will be giving you advice based on the rules set by Government and HMRC’s job is as the enforcer
• Look for around 20% as a baseline profit margin
• If you have a sitting tenant you can use the ‘transfer of going concern rules’ and not pay the VAT but you need to register for  VAT moving forward
• If you are converting from commercial to residential you can complete a VAT1614D form and give it to the vendor
• When you purchase a commercial property speak to a capital allowances tax expert early on
• Land remediation relief means you can claim back 150% on the costs when there is contamination like knotweed
• If you subcontract labour and materials you can make significant tax savings
• You need to be proactive and work with a tax expert and understand it’s the simple things that can make the biggest difference

BEST MOMENTS

‘Make sure you speak to an expert so that you don’t miss out on capital allowances’

‘Planning always takes a lot longer than you think and is more complicated’

‘The savings are big so make sure you look at everything in detail’

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

Shaz shares how his mindset around the ‘No Money Down concept has changed and explains why it can only work if you believe you can make it happen

You can get into property with a small amount of money if you have expertise others don’t have and can leverage your expertise with others capital to do property deals that work for everyone

KEY TAKEAWAYS

• You need a small amount of money to get started in property
• It’s important to understand how money works
• Invest in yourself and get educated to increase your property knowledge
• There are lots of people out there who want to invest in property but have no time, knowledge, or expertise
• People want to work with someone who has the right knowledge and expertise
• You need a level of expertise that others don’t have
• if you want to make it happen you have to believe in yourself

BEST MOMENTS

‘There was only one way to do it, by leveraging other people’s money’

‘I find the deals and I make them happen’

‘I only work with people I know, people who give me the space and time to do the 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

In this live Q&A Shaz answers wide-ranging questions about businesses and tax

He shares informative content about tax relief and deductible expenses and the importance of exploring all the ways you can claim and save for you and your business along the crucial role a specialist tax advisor plays in making sure you are accessing all the tax relief you are entitled to and structuring your business in the best way

KEY TAKEAWAYS

• Consider  and review whether it’s worth incorporating on a regular basis
• Plan your remuneration and salary to make sure you don’t lose child benefits if you have a family
• Sometimes balancing a higher and lower-income between parents can be the most effective solution
• If you are buying a commercial property you must speak to a financial adviser who is a specialist in capital allowances
• With serviced accommodation capital allowances can be claimed when you purchase a property and when you refurbish the property
• With cars, there are various options available within your business structure and it's worth considering an electric vehicle
• If you are buying property through a limited company that is contaminated you can claim land remediation relief allowing you 150% relief on the costs to remove the contamination
• If you have partners in a company and you are injecting cash then you should draw up a loan agreement
• You can use different types of shares within your company for flexibility
• If you are married and one partner is not using their personal allowance 10% can be given to the spouse
• Under ‘rent a room relief’ the first £7,500 is tax-free
• The employment allowance can be claimed if you employ people and can be beneficial in helping you to pay national insurance contributions
• If you are a company director or employee trivial benefits means anything up to fifty pounds isn’t taxable in accordance with certain conditions

BEST MOMENTS

‘If you don’t use certain allowances you can lose them’

‘Capital allowances is a big one but there are still people who lose out’

‘Always have a pre end of tax year meeting with your accountant’

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 consultation 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

Liam Ryan ‘The Deal Maker’ has built a multi-million-pound business and now as a mentor supports others on their property journey

He talks to Shaz about building communities, finding your tribe and what it really takes to build connections and make a positive difference for yourself and those around you.

There are many different ways to make money in property and Liam discusses the importance of focus and why with the right mindset and mentors you can make the world a better place

KEY TAKEAWAYS  

• You have to believe in yourself and learn to push through challenging situations
• When you are feeling down you need to do something to get yourself out of your head
• Social media means people can know you and trust you without ever having met you
• People are looking for connections and to be part of a tribe and community
• Find a great community of like-minded people who will give you a kick when you need a kick and a cuddle when you need a cuddle
• There is a chance now to make the world a better place and with the right mindset you can be in a great place
• The most important thing is to upgrade the circle of people you hang out with. You are the average of those people you have around you
• Find what you are passionate about and good at, turn your passion into profit. Look to serve people, build communities, and empower people
• As the ‘Deal Maker, I’ve always been good at finding the right people with the right skills to get the right results
• Communication is key, set your intention from the beginning in any deal, always over-deliver and keep focused
• There is more money than ever in the world and you can use other people’s money to grow your own business if you do it the right way
• To raise money, you need to get yourself in a pitching position with a great deal or service that can help others to make money

BEST MOMENTS

‘I am who I am and I care for myself and believe in myself’

‘A lot of people don’t do enough of what they enjoy’

‘Every single person has the power to make the world a better place’

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 consultation 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