Talking about Buy-To-Let, HMOs and Serviced Accommodation
Episode description
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 historic proof of growth.
- Stamp Duty Land Tax is a renowned charge upon the homes you buy. With investment property it's good to be aware that there is an additional 3% on the whole lot.
- Property investors are sometimes seen as miserly and money-driven. Nightmare tales of landlords are sensationalised and spread, increasing the bad image. But most landlords are wise, resourceful and good people who see their investments as a necessary business, and act on behalf of their tenants at all times.
BEST MOMENTS
'I've been looking at sixteen potential strategies you could implement!'
'Property is one of the most popular investment strategies'
'I've seen people do things that are creative and different'
'Landlords don't set the price of their properties - the market does'
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: