Shaz looks at negotiating and the many factors that influence a property deal, including the motivation of the seller.

He shares his strategy for working backwards and great advice about focusing on building a good reputation and good relationships because ultimately this is what will bring in good deals to you.

 

KEY TAKEAWAYS

• Negotiating is a skill and dependant on a range of factors
• If the margins are there and the numbers work its worth paying asking price and saving time
• Even if you offer the asking price there can be other factors such as the time frame that will influence the seller
• Everyone wants a discount but sometimes it’s better to just get on with doing the deals
• Building good relationships means you will get offered more deals
• Focus on what you are making and how much you are prepared to pay
• Knowing why the vendor is selling and what’s important to them can be very helpful
• Build a good reputation and do what you say you will do and great deals will come to you

 

BEST MOMENTS

‘I work backwards looking at the end value’

‘Building a good reputation is more important than saving the odd thousand on a deal here and there’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

 

 

Now Shaz works on larger projects he always has a quantity surveyor involved and in this episode, he looks at why using a quantity surveyor whether your project is large or small is something you should be doing

From estimating the costs of a project through to managing disputes a good quantity surveyor is an expert in their field and can give you peace of mind across both large and small developments  

 

KEY TAKEAWAYS

• A quantity surveyor helps you estimate the cost and help you control the cost
• They support with meeting standards and legal requirements
• They will help make sure a project finishes on time
• They are experts in their field and will cost your site in detail making sure you get the right materials on site
• They make sure no one gets paid until the work is completed to a standard you are happy with
• The bank will be more likely to lend to you if you have a quantity surveyor
• A good quantity surveyor can protect you and minimise your risks
• They can support you with making the process smooth
• It will give you peace of mind and mean you can focus on what you are doing

 

BEST MOMENTS

‘A quantity surveyor will keep you on the straight and narrow’

‘They manage all the costings and make sure you stay within budget’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

 

 

 

 

 

 

 

What they are and how they can reduce your tax bill? In this informative episode, Shaz provides the answers and explains why capital allowances are one of his favourite tax allowances.

Capital allowances can make a huge difference particularly when you are buying commercial property but can be effectively used in a range of situations. If you want to know if you can claim then this is a must-listen podcast

KEY TAKEAWAYS

• When you spend money on capital equipment, plant, and machinery you can reduce your tax and sometimes completely eliminate it
• Its anything that is fixed to a building such as air conditioning, suspended ceilings, smoke alarms and central heating
• If you don’t use your capital allowances in a particular year you can carry them forward into the next year
• The  annual investment allowance means you can write off up to 200,000 on plant and machinery
• The Government is incentivising businesses by allowing an acceleration of up to a million pounds until 2022
• You need to review the structure of your business to make sure you are making the best use of capital allowances if you are purchasing equipment
• You cannot claim capital tax allowance on cars which the business owns
• If you own a residential property you can’t claim capital allowances but if you own an HMO you can claim
• If you are buying property through a SSAS you can’t claim because a SSAS doesn’t pay tax
• You need to do your calculations to see if it’s worth buying through your pension
• When you are buying commercial property there may be capital allowances to be claimed from the purchase

BEST MOMENTS

‘Capital allowances are one of my favourite tax allowances’

‘Make sure you don’t miss out on this allowance as it can really be a game-changer if you are scaling up’

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

 

 

 

 

 

Adding value to a property is one of the most important things you can do and makes great financial sense whether you are renting or selling it.

Shaz shares five great ways you can easily add value to any property whether you are looking for tenants or looking to sell

 

KEY TAKEAWAYS

• If you are serious about property you should be serious about adding value to any property
• It makes good business sense to increase the value of an asset wherever you can
• Create more units or more flats, smaller units are easier to rent and when you sell they will sell more quickly. More units mean you are adding value
• Convert the garage into a living space
• Add a conservatory and make sure it’s built to  get the maximum amount of sun
• If the property looks outdated then update it, people like fresh and new looking properties
• Make the exterior of the property look good because first impressions count

 

BEST MOMENTS

‘You can add £30,000 of value by doing £20,000 of work’

‘Add a conservatory because everyone loves a conservatory’

‘It’s easy to get tenants for a nice looking property’

 

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

·    LinkedIn

·    Instagram

·    YouTube.

Shaz explains how no money down deals work and why it was a game-changer for him.

When you are working with other people’s money you must fulfil the promises you make and be good at communication but if you can do this it’s a strategy that can work brilliantly for everyone involved

Listen in and hear about both the prose and the cons from someone who has successfully used no money down multiple times.

 

KEY TAKEAWAYS

• It has worked for me and once you have done it makes perfect sense
• If you are short on money then leveraging someone else’s money is a great solution
• You can be creative – you can look at a profit split with other parties involved in the deal
• It gives you the opportunity to do lots of deals at the same time
• You can scale quickly and work with different joint venture partners
• With someone else’s money, you are more accountable and focused
• If you have completed several deals you can easily attract more finance because you have a track record
• There is always a risk when you are using other people’s money and you have to take responsibility for other people’s money
• Start with less risky deals such as buy to let
• Make sure the numbers stack up in any deal you are doing
• No money down is about relationships and managing those relationships with other people
• If you are not good with relationships a strategy of no money down will be challenging
• Communication is key and you must keep the investor up to date with what’s going

 

BEST MOMENTS

‘No money down has been a complete game-changer for me’

‘Your first deal will be harder than the ones that come later’

‘Make sure you live up to the promises you make and do what you say  you are going to do’

 

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

·    LinkedIn

·    Instagram

·    YouTube.

 

In this episode, Shaz explains why you should use always use a planning consultant.

Often architects know something about planning but they are usually not experts so a planning consultant is worth their weight in gold

They can work with your architect and liaise with the planning officer to get the best outcome and with their expertise knowledge about planning policy, it’s cost-effective because with their input it’s possible to get your planning through first time. Listen in to find out more

 

KEY TAKEAWAYS

• A planning consultant is someone who understands the process and is good at what they do
• They work alongside your architect
• Some architects know about planning but they are usually not experts
• The planning consultant will work with your architect and liaise with the local authority to get your planning through
• It will save you time, they will explain the possibilities to you
• It can save you money because with their expertise it can be possible to get your planning through the first time
• Planning consultants know about planning policy they can argue and defend your case
• Your planning consultant will work with you and the planning officer to get a better outcome

 

BEST MOMENTS

‘If you are applying for planning use a planning consultant

‘It can save you having to have drawings revised several times

‘They are worth their weight in gold’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

Shaz looks at why a pre-year-end meeting is so important and explains how it can be used to look at tax efficiency and what you can do to reduce possible tax payments when you get to your year-end.

He also explains how a face to face with your tax expert is about analysis and preparation for the next year to make sure you are as tax efficient as possible

KEY TAKEAWAYS

• If you want to be as tax efficient as possible you have to have a pre-year-end tax meeting
• It helps you plan in advance,
• Makes sure things are done on time every time
• Helps you to pay your tax on time
• Having deadlines for when accounts are completed and when tax needs to be paid
• You can’t plan for tax after the event
• The pre-year-end meeting is an opportunity to sit down with your accountant or tax advisor and review what the tax will be
• Pre-year-end meetings usually take place in month ten
• You can review what you can do in the last part of the year to reduce possible tax payments
• You can review your income tax and cooperation tax
• It’s about the analysis for the projections for the next year

BEST MOMENTS

‘I strongly believe you have to have a pre-year-end tax meeting’

‘Deadlines are extremely important’

‘You need to be as tax efficient as possible’

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

 

This episode is a great listen for anyone new to property as Shaz shares an overview of the most common mistakes and how to avoid them

Using this as a checklist will make sure you are asking the right questions and making sure your numbers stack up so any deal you make is the right one for you

 

KEY TAKEAWAYS

• Especially in the early days people buy a property because it’s cheap and don’t do the research needed
• If a property isn’t selling there’s a reason
• In any area, there is a ceiling price and if you spend too much on refurbishment you won’t be able to get your money back
• Don’t buy property for capital appreciation buy property to create an income stream
• The capital appreciation should be a bonus
• When you are buying for rental don’t let your emotions take over, make sure the numbers work and that it’s a deal that works for you
• Be sure about the strategy you are using and buy with this in mind any property needs to be in line with your strategy and meet your criteria

 

BEST MOMENTS

‘Property is one of the best businesses I’ve ever come across

‘My aim and ambition is to help you do well and avoid mistakes, helping you to get to your destination quicker’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shaz is currently involved in a project to build forty houses and in this episode, he looks at the vital role of a good project manager.

They are the people who control, manage and execute the project bringing together individuals to create a team that can deliver the project within budget and timescale so a good project manager is extremely important and worth their weight in gold on any project.

 

KEY TAKEAWAYS

• Project managers are extremely important for property deals
• Some people just look at the cost but this is short-sighted and incorrect
• They help set the budget, monitor costs, control, execute and close deals
• If you find a good one they are worth their weight in gold - saving you time and money
• A good project manager can look after more than one deal for you at any one time
• Communication is key - they are the centre of all communication and make sure everyone is working together
• A good project manager will make sure everyone is recognised, valued and contributes as part of a team to make sure the project is delivered
• They manage and mitigate all risks throughout the project
• A project manager keeps everything within cost and identifies any potential savings
• A good project manager makes sure everyone is focused and working towards the same goals and outcomes

 

BEST MOMENTS

‘In my experience Property Managers are something you can’t do without’

Risks cost money and a project manager will effectively manage all risks

When there are a lot of people on site all doing different things, they need to be all kept focused and working towards the works program’

 

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
•   LinkedIn
•   Instagram
•   YouTube.

Could you do with more cash in your business?

Shaz looks at some of the best ways to raise cash and explains that it’s all about mindset and knowing what will work for you best with a particular deal.

When you know where to look for cash there are a range of different options that can be explored so that you can achieve the financing you want for your deal

 

KEY TAKEAWAYS

• It’s about your mindset and knowing the different ways to find cash
• You can use your own cash and this is a quick way to get started but can also hold you back when your cash is used up
• Joint venture deals are a great way to bring your expertise together with someone who has the cash
• Most joint venture partners want a 50/50 deal but if it means you can do the deal it’s worth it
• Different property investors set up their joint ventures in different ways you need to decide what works for you
• You need to do a few deals yourself so that you have a track record then joint venture partners will want to work with you
• You can use a bridging loan, they can work well over a short time period
• Crowdfunding is a flexible approach to financing a deal and can work really well and deliver the finance very quickly
• A bank loan can be the best way for you to finance but it takes time and they require detailed information
• The interest rate is lower because they mitigate their risk with detailed checks and balances

 

BEST MOMENTS

‘There is plenty of cash out there you just need to know how to get hold of it’

‘Joint ventures are a great way to do deals’

‘Always try to over-deliver and joint venture partners will want to work with you again’

‘Most investors say lack of cash is holding them back from growing and scaling’

 

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
•   LinkedIn
•   Instagram
•   YouTube.