How I Evaluate Investments
Episode description
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 make the biggest gains.
- When buying a property, spend a considerable time researching and try to buy below market value. Motivation on the seller side is key..
BEST MOMENTS
'If you pay too much for a property then you're on the back foot'
'I would look at the positive cashflow first'
'Different people sell for different reasons'
VALUABLE RESOURCES
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: