There are many generalisations and stereotypes out there, with certain assumptions made about the state of things - but why do we do it? In this episode, Shaz and Kieron explain why generalisations are so often used. KEY TAKEAWAYS Generalisations and assumptions are a shortcut way for our brains to understand something. If we have a starting point about what to think, it gives us a starting point. If we subconsciously drift through our days and use generalisations as our pathfinders, we fail to ...
Jul 26, 2023•25 min•Ep. 312
Shaz discusses exit planning, and how it is one of the most important parts of not just closing out your time in a business, but also one of the fundamental parts of setting up a business at the beginning. KEY TAKEAWAYS Exit planning is the act of thinking about how we will move on from what we are doing. This means setting in place a time frame, and a methodology for doing so. Many do not consider the perfect exit, because it seems so far away. However, if you have the end goal in mind from the...
Jul 24, 2023•25 min•Ep. 311
We often hear the term "power team" when it comes to property investing, but what does it mean, and how can assembling a power team do for your investing path to success? In this episode, Shaz breaks down everything you need to know about putting your power team in place! KEY TAKEAWAYS You can't possibly know everything when it comes to property investing, so surrounding yourself with a reliable group of people with specialised skill sets allows you to empower yourself in every aspect. Property ...
Jul 19, 2023•26 min•Ep. 310
Shaz discusses the state of the economy in the property sector, and how the inflation rises and interest rates are affecting investors and homeowners in the UK today. KEY TAKEAWAYS Printing money in order to prop up the economy will always have after effects, and inflation is demonstrating that for us all right now. The economy is non-reactive in terms of when something happens, the effects can sometimes not be felt until much later, when the impacts land more unexpectedly. Don't look at the sho...
Jul 17, 2023•27 min•Ep. 309
People should be more open to changing their minds when it comes to business, and in this episode, Shaz tells you why that's a good thing. KEY TAKEAWAYS In almost all cases, there's a better way of doing something. If we have a closed mindset, then we will fail to take advantage of these opportunities. if you have an open mindset about improving and doing things in a better way, you will allow yourself to broaden your horizons. Businesses that proclaim that their practices are ingrained because ...
Jul 12, 2023•26 min•Ep. 308
Shaz discusses what it takes to drive growth in your property business, scale to the next level, and achieve the life-changing results you want. KEY TAKEAWAYS Growth begins with a stripped back view of the essentials and basics in your property empire. Sometimes, the layers we add along the way can obfuscate the view we need to have. Implement systems and processes that will allow your business to operate without you in it. If that can take place, then you can focus on the growth while the profi...
Jul 10, 2023•24 min•Ep. 307
Shaz discusses the growth mindset you need in order to take the best advantage of every learning opportunity the world provides. KEY TAKEAWAYS As we continue to grow and develop in the world around us, it helps if we consciously activate our growth mindset and see everything as a learning opportunity. When you don't know enough about something, you can feel as though you know enough to do enough, which prevents you from growth. When we transform and grow in terms of mindset, the changes come thi...
Jul 05, 2023•25 min•Ep. 306
Shaz talks once more about the traits that attract money, including renting and why a mindset shift is required, and how to effectively manage your credit levels. KEY TAKEAWAYS People aspire to owning their own property and to add property to their legacy and assets list. Shifting from owning to renting seems like a backward step, but it doesn't have to be. If the numbers work, then renting a home while leasing out your bought home to pay bills is a strategy that should definitely be considered....
Jul 03, 2023•11 min•Ep. 305
Shaz discusses the value of thorough research, and why we should always do our due diligence and put the effort in when it comes to fact finding in the modern world. KEY TAKEAWAYS People seem to spend as little time as possible in gaining the answers they seek, largely due to the internet and free access to information. But we should always be doing our due diligence when it comes to fact finding. Effort should always be applied to any task. You have to put in the hard graft when you want to inc...
Jun 28, 2023•22 min•Ep. 304
Shaz continues to talk about the traits that attract money, and how you can manifest more wealth by instilling these traits within yourself. KEY TAKEAWAYS Although money does not have a consciousness or a spirit of its own, it does flow, and it does so for a very specific set of reasons. Money is a consequence of doing the right things at the right time, in the right way. Success leaves clues. Never make money your master. Use it as a tool, and as a means of exchange, but never find yourself in ...
Jun 26, 2023•29 min•Ep. 303
Shaz discusses the traits that we should encourage within ourselves and our business dealing, that will attract money in a fundamental way. KEY TAKEAWAYS Money is a case of mindset. If you believe that you are bad with money, the likelihood that you will be bad with money increases. Money likes people who work with speed - who are decisive, can make decisions effectively, and who work dynamically. Money is far more attracted to those who fulfil their promises. Don't just sit there and talk about...
Jun 21, 2023•24 min•Ep. 302
Shaz discusses the Goldmine Area - what it means, why you should always be on the lookout for one, and how to tell if the location you've chosen has the potential to make you very wealthy. KEY TAKEAWAYS A goldmine area is a location that, for you, has excellent potential for property investment, and could provide the key to unlocking real financial gains. People sometimes misunderstand why they need a goldmine area. Investing in the right goldmine area for you, can lead to your investment in an ...
Jun 19, 2023•24 min•Ep. 301
Shaz discusses the all-important moral boundary line that all landlords should try to adhere to when it comes to relationships with their tenants. KEY TAKEAWAYS Many think that landlords are the ones raising rents to unreasonable highs, when in reality they are simply following the government's plans when it comes to pricing and taxation. Professional investors make their entire income through their portfolio. If it becomes unprofitable then prices must be adjusted accordingly in order to remain...
Jun 14, 2023•15 min•Ep. 300
Shaz presents a range of hot property tips designed to help you dynamically improve your investment chances! KEY TAKEAWAYS Rather than focussing on houses in your chosen investment area, focus also on flats. They're cheaper, easier to rent out, and have a better return on investment. Landlords aren't always distant and aloof when it comes to their tenants. They often want to build a working relationship to provide the best outcome for both parties. BEST MOMENTS 'Focus on flats to get on to the p...
Jun 12, 2023•12 min•Ep. 299
Shaz talks about the value of a money mindset - how it can empower you, and how it can alter the relationship we have with money, and use it to build lasting wealth. KEY TAKEAWAYS We need to fundamentally alter the way we think about money. We often think of it as a resource that refills once per month when our salaries arrive. If someone is wealthy, there seems to be a tendency to believe that the money came from a disreputable source. This promotes a negative money mindset. By placing negative...
Jun 07, 2023•22 min•Ep. 298
Shaz discusses the key factors he considers when it comes to evaluating a potential property investment, including analysis of cashflow and return on investment. KEY TAKEAWAYS When it comes to commercial conversions, the first consideration must be the purchase price. If you are overpaying for a property, you are not going to lose out if the area is in high demand. When looking to buy a property, it's crucial to look at ways to add value right from the outset. When you add value, that's when you...
Jun 05, 2023•25 min•Ep. 297
Shaz explores the commercial strategy to the residential strategy, and explains the many pros and cons of both. KEY TAKEAWAYS There are benefits to both strategies. Commercial units are in general, cheaper than residential units, so the barrier to entry is lower. Residential is the safer strategy, and is the entry point for many investors due to the universe of knowledge out there, and the guidance available. BEST MOMENTS 'The barrier to entry is lower' 'Hope for the best, plan for the worst' VA...
May 31, 2023•10 min•Ep. 296
Shaz takes a deep dive into the world of commercial conversions - what they are at heart, and how you can maximise a building's potential with your plans. KEY TAKEAWAYS A commercial conversion is where you purchase a formerly commercial building and convert it into a number of residential units. 18 months is a sensible time to aim for - for a start-to-finish project, depending on prior approval and permitted development rules. The more commercial conversions you do, the better you get, and the f...
May 29, 2023•24 min•Ep. 295
Shaz talks about the NMD strategy (No Money Down), otherwise known as JV-ing (Joint Venture), which is essentially a way of getting started on your property investing journey without needing any of your own money upfront. KEY TAKEAWAYS Many people have money that isn't working for them through traditional means. This means that if you do the work, and they provide the money, a win-win situation can be created for both of you. Flipping is a trade, and so different benefits and reliefs may apply i...
May 24, 2023•31 min•Ep. 294
Shaz discusses some rather more niche strategies used in property investing, such as time management, PBSAs, and nomination agreements. KEY TAKEAWAYS You can't always rely on the information you find online. It's far better to take the advice of people with experience, and those you can trust. PBSA stands for Purpose Built Student Accommodation and will always be more utilised in university and college towns and cities. The benefit is that you can choose your tenants at the same time every year....
May 22, 2023•23 min•Ep. 293
One of the most powerful yet underused strategies in property investing is the Lease Option, a methodology that can give you income from a property before you even take ownership. In this episode, Shaz explains how to use this as a strategy, and also discusses why deal sourcing might be an alternative, viable way to raise cash for your business. KEY TAKEAWAYS Finding a viable deal and packaging it as a product to sell to an investor, is a fantastic way of raising cash. You can charge a fee for t...
May 17, 2023•25 min•Ep. 292
Shaz discusses commercial conversions as a property investing strategy - everything from why he favours this particular way of investing, to its strict definition and how to make the most of it. KEY TAKEAWAYS Everyone assumes that you need a large cash reserve to get started in property, but this isn't the case, You can find investors and use other people's money. Commercial conversions are where someone buys a commercial property with permitted development rights, or goes through the planning p...
May 15, 2023•18 min•Ep. 291
Shaz continues his deep dive conversation on the subjects of flipping properties, the Buy-Refurbish-Rent-Refinance-Repeat methodology, and how Rent-To-Rent investments really work. KEY TAKEAWAYS When investors have more confidence, they could opt for a HMO strategy, in which a larger house is split into several separate units, connected by a communal area. Serviced accommodation is one of the strategies used by seasoned investors who wish to earn more money, and who don't mind putting in more ti...
May 10, 2023•45 min•Ep. 290
Shaz deep dives into the many strategies used in property investment, such as Buy-To-Let, HMOs (Houses Of Multiple Occupation) and Serviced Accommodation, along with many more. KEY TAKEAWAYS Many people believe that the only route into property is a vanilla one - buying a house, living in it and maybe renting it out. Buying to own or buying to let is where research stops in general. Property is recognised as the most reliable investment strategy due to its stability, robust forecast outcomes and...
May 08, 2023•45 min•Ep. 289
Shaz is joined by Kevin Wheelan from WealthBuilders, to talk about SSAS (Small Self Administered Pension Schemes) - how they work, and why it might be a game changer in terms of investing for you. you can find more information from Kevin and his team https://wealthbuilders.co.uk/wealthmadesimple KEY TAKEAWAYS A small self-administered scheme is a type of occupational pension that’s managed independently by a company’s directors. Like most defined contribution schemes, the employer and/or its mem...
May 03, 2023•24 min•Ep. 288
Everyone's story is unique, and in this episode, Shaz talks about his personal route into property investing, and why it's the most viable and reliable investment sector out there. KEY TAKEAWAYS As an accountant, Shaz was easily able to identify that his most lucratively successful client base were the ones with property portfolios. Even if the market is against you, if you hold on for long enough, history has demonstrated that property is always robust and always grows in the long term. The way...
May 01, 2023•18 min•Ep. 287
The show takes a deep dive into SPVs, with Shaz explaining what the term means, our options when it comes to moving money and transferring wealth, and why companies opt to use this measure. KEY TAKEAWAYS A special purpose vehicle, also called a special purpose entity (SPE), is a subsidiary created by a parent company to isolate financial risk. The legal status as a separate company makes its obligations secure even if the parent company goes bankrupt. The operations of the SPV are limited to the...
Apr 26, 2023•19 min•Ep. 286
Shaz explains what a SMART company is, how trusts are involved, and how they can help when it comes to factors such as inheritance tax. KEY TAKEAWAYS SMART is a term used by a particular firm to describe a company with other companies involved - the building of a trust. You need different classes of shares to provide more flexibility in terms of income, create rights to income, and to create voting rights. BEST MOMENTS 'You have a company, and you have a company beneath' 'You have different clas...
Apr 24, 2023•11 min•Ep. 285
Live from one of his spellbinding events, Shaz answers a pertinent and important question about the differences between HMOs and SAs when it comes to capital allowances. KEY TAKEAWAYS When it comes to serviced accommodation, for all expenditure that you incur, you can reclaim quickly for anything that is fixed to the building that is not an inherent part of the building itself. Negotiate with your seller when it comes to capital allowances. You have two bites at the cherry: when you first purcha...
Apr 19, 2023•12 min•Ep. 284
In this episode, Shaz explains the VAT rates and implications when doing a commercial conversion, and how you can and should remain compliant at all times. KEY TAKEAWAYS When doing a commercial conversion, the VAT rate is 5% whether increasing the number of units, decreasing them, or converting a property that has been empty for more than two years. If you sell a property, you can claim back the VAT, but if you hold onto it, you cannot do this due to the fact that you will be selling a service B...
Apr 17, 2023•16 min•Ep. 283
