Shows
Wealth Made Simple PodcastTop Traits & Habits of Wealthy PeopleShaz delves into the top traits and habits of successful and wealthy individuals. With a motivational and informative tone, Shaz emphasises the significance of mindset, habits, and personal responsibility in achieving financial success. Drawing from his own experiences and expertise, he highlights the importance of focus, goal-setting, and continuous learning. Through practical examples and relatable anecdotes, Shaz guides listeners on the path to financial prosperity, encouraging them to adopt a positive mindset and take proactive steps towards building wealth. KEY TAKEAWAYS Successful individuals prioritise important tasks and maintain a laser focus on their goals, avoiding overwhelm a...2024-02-2751 min
Wealth Made Simple PodcastHow To Achieve Your GoalsShaz discusses the importance of taking action and implementing goals effectively. He provides a comprehensive list of 25 actionable steps and tips to help listeners achieve their goals. Shaz also talks about the need to lay the foundations and develop a detailed plan, assign responsibilities, set milestones, allocate resources, and have a clear communication and feedback loop, highlighting the significance of celebrating achievements, maintaining flexibility, and practicing resilience. KEY TAKEAWAYS Setting clear goals and developing a detailed action plan is crucial for achieving success. Assigning responsibilities and setting milestones helps track progress and maintain momentum. A...2024-01-2550 min
Wealth Made Simple PodcastWealth MagnetsShaz delves into the concept of Wealth Magnets, beginning by discussing the principles that control the flow and movement of money, such as wealthy philosophy, mental attitude, and behaviour. Shaz stresses the importance of having a positive mindset, associating with like-minded individuals, and creating value. He also explores the significance of generosity, visibility, and status in attracting wealth. KEY TAKEAWAYS Wealth creation starts with having a wealthy philosophy, positive mental attitude, and congruent behaviour. Believing in abundance and taking action are key components of this mindset. Association with positive and successful individuals can have a...2023-12-0745 min
Wealth Made Simple PodcastHow to Create Additional IncomeShaz discusses the importance of creating a second or additional source of income. He highlights the dangers of relying solely on one income stream, whether it be from a business or employment. Shaz emphasises the need to diversify risk and shares the potential pitfalls of being overly reliant on one key employee or client. He then delves into the strategy of buying a business to create a second income, without using any of your own money. KEY TAKEAWAYS Relying on one source of income in a business is risky, as any disruption or loss c...2023-11-3051 min
Wealth Made Simple PodcastLease Option AgreementsShaz delves into the topic of lease option agreements, explaining the concept of a lease and the complexities involved in lease agreements. Shaz then discusses the potential changes to lease option agreements mentioned in the King's speech, which aim to improve fairness in the housing market. He explores the proposed reforms, such as extending lease terms, reducing ground rent, and increasing transparency in service charges. KEY TAKEAWAYS Proposed changes to leasehold agreements aim to improve home ownership for leaseholders by making it easier to extend leases or buy freeholds. The reforms include increasing the s...2023-11-2850 min
Wealth Made Simple PodcastMyths Regarding Money And WealthShaz and Kieron debunk several myths surrounding money and wealth, looking at the importance of understanding the reality of money and wealth, rather than relying on misconceptions and false beliefs. They challenge the notion that money is the root of all evil, highlighting that it is the love of money and greed that can lead to negative actions. Shaz also discusses the misconception that all debt is bad, explaining that debt can be a tool for generating cash flow and investing in appreciating assets. KEY TAKEAWAYS Money is not the root of all evil: T...2023-11-1451 min
Wealth Made Simple PodcastGrade II Listed BuildingsShaz talks about Grade 2 listed buildings. Host Shaz Nawaz, an award-winning chartered accountant and property investor, shares his love for these historic buildings and dispels the notion that they are overly complicated to work with. He emphasises the beauty and architectural significance of Grade 2 listed buildings and highlights the potential investment opportunities they offer. KEY TAKEAWAYS Grade 2 listed buildings offer a unique investment opportunity due to their historical and architectural significance. They can be attractive to buyers and renters alike. Working on grade 2 listed buildings requires a different approach and careful consideration of t...2023-08-1524 min
Wealth Made Simple PodcastMaking The Most Of Your Day JobIn this episode of Wealth Made Simple with Shaz, the focus is on maximizing the potential of your full-time job. Host Shaz Nawaz emphasises the importance of finding a balance in life that includes financial stability, physical and mental health, and personal fulfillment. He encourages listeners to assess their job satisfaction and align their work with their core values and interests. KEY TAKEAWAYS Find a balance in your job that aligns with your core values and brings you fulfillment. This includes doing something you love and that aligns with who you are as a person.2023-08-1026 min
Wealth Made Simple PodcastComfort ZoneWe often hear that in order to achieve real success and grow, we need to step outside of our comfort zones - but where do the boundaries lie? In this episode, Shaz talks about why it's vital to know where your comfort zone is, and how to get the best from stepping outside. KEY TAKEAWAYS Your comfort zone is the habitual zone in which you spend your time - it is where you feel most at ease and you have mastery over all that you do. If you stay in your comfort zone, you remove the...2023-08-0326 min
Wealth Made Simple PodcastWhat Is Wealth?Many believe that wealth simply involves accruing the largest amount of money, but as Shaz discusses in this week's show, there might be more to the definition than you may think. KEY TAKEAWAYS You tend to see wealth depending on what your definition of success is in the first place. Some define wealth in terms of the freedom and happiness they have. Money is only one part of achieving wealth. The real definition is the freedom we attain through life and the things it allows us to do. Wealth means having the opportunities to follow the...2023-08-0126 min
Wealth Made Simple PodcastGeneralisationsThere 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 take advantage of the many opportunities that await. BEST MOMENTS 2023-07-2725 min
Wealth Made Simple PodcastExit PlanningShaz 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...2023-07-2525 min
Wealth Made Simple PodcastWhy You Need A Power TeamWe 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 relies on large transactions to work. it's a complicated process. Therefore...2023-07-2025 min
Wealth Made Simple PodcastThe Property EconomyShaz 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 short term, be cautious, sensible and think about the long term effects...2023-07-1826 min
Wealth Made Simple PodcastChanging Your MindPeople 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 they've "always done things this way", can often find...2023-07-1325 min
Wealth Made Simple PodcastScaling Your Property BusinessShaz 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 profits still roll in. Business owners and entrepreneurs are...2023-07-1124 min
Wealth Made Simple PodcastGrowth MindsetShaz 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 thick and fast. It's not an overnight process. It takes...2023-07-0625 min
Wealth Made Simple PodcastMoney Traits - Part 3Shaz 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. Paying off credit and lowering the amount of interest...2023-07-0410 min
Wealth Made Simple PodcastThe Importance Of ResearchShaz 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 increase your knowledge...2023-06-2921 min
Wealth Made Simple PodcastMoney TraitsShaz 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 the position of...2023-06-2729 min
Wealth Made Simple PodcastTraits Money LikesShaz 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 what you might do - get out there and do...2023-06-2224 min
Wealth Made Simple PodcastGoldmine AreaShaz 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 area that has potential for capital growth. If you...2023-06-2024 min
Wealth Made Simple PodcastMoral LandlordsShaz 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 profitable. BEST MOMENTS 'Property investors don't set the price. The market sets the price' ...2023-06-1514 min
Wealth Made Simple PodcastHow Did Shaz Get Into PropertyEveryone'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 to build a robust fortune is to focus on one strategy that...2023-05-0217 min
Wealth Made Simple PodcastThe Basics Of FlippingFlips are good for cashflow and a great strategy, and in this episode, Shaz explains what you need to have in place and how you can get started From knowing your numbers to negotiating the right deals all the way through a project, Shaz shares valuable tips and advice about how to get started and succeed if you want to use flipping as either a supplementary or primary property strategy KEY TAKEAWAYS Flips are usually funded with bridging loans If the project takes longer the costs can increase, it’s important to get things co...2022-11-2417 min
Wealth Made Simple PodcastServiced Accommodation vs Furnished Holiday LetsShaz explains the rules and restrictions of turning property purchases into serviced accommodation, focusing on the two models available - Furnished Holiday Lets (FHL) and Serviced Accommodation (SA).As he continues to tutor his live audience, Shaz explores the benefit of offering services to guests, what schemes are available to help property owners pay less tax, and how multiple properties can help to alleviate some of the restrictions of an FHL.KEY TAKEAWAYS A Furnished Holiday Let (FHL) must be made available for commercial letting for at least 210 days a year and rented out for a...2022-09-2926 min
Wealth Made Simple PodcastComparing Flips, BRRR And Commercial ConversionsIn this episode, Shaz is explaining why commercial conversions are his favourite strategy and to help explain why he goes through examples, including the numbers, comparing a property flip, a buy, refurbish, refinance and renting deal along with a commercial conversionSharing the property strategy examples demonstrates clearly how the numbers work out and, as Shaz explains, shows why commercial conversion is a strategy you should be usingKEY TAKEAWAYS Funds from a bridging loan can then become a mortgage if you are keeping the property You only pay the fees and costs once There is...2022-09-2019 min
Wealth Made Simple PodcastDon’t Think of a HippoThere are things to pay attention to if you want to become a successful property investor, a combination of things you should be doing and those you shouldn’t be doing and Shaz goes through the ones that really make the difference in a property business from understanding it's about cash flow and capital appreciation to running your property business with the same procedures and systems that any company has in place, Shaz explains exactly what to do and what not to do! KEY TAKEAWAYS Property and investment are long ter...2022-08-1815 min
Wealth Made Simple PodcastMultiple CompaniesShaz is with a live audience and takes us, in detail, through particular scenarios about shares. He also discusses the different classes of shares and the tax implications There are some interesting questions that investors and business owners are working through right now and Shaz shares his detailed knowledge and expertise about the best solutions KEY TAKEAWAYS If you have two companies in a holding company structure and the profits are over a certain threshold you will pay more tax collectively There are advantages to a holding company structure that can outweigh a...2022-08-1118 min
Wealth Made Simple PodcastIncorporating Your BusinessShaz explains the benefits of incorporating and why for properties owned it can bring an uplift in base value when you incorporate This episode also includes questions and answers from those in the room with Shaz and these provide great information on specific examples that will be useful for listeners KEY TAKEAWAYS If you are incorporating property into a limited company you will be liable for capital gains tax Section 162 incorporation relief states you don’t pay capital gains when you move your business from being unincorporated into a limited company If a par...2022-07-1911 min
Wealth Made Simple PodcastLiquidation, Reliefs And Serviced AccommodationShaz is with a live audience and takes the example of a property entrepreneur who has 2 HMO properties that they want to change, sell and be able to claim entrepreneurs’ relief Using this example Shaz explains the different options that will mean that the investor can ultimately sell and claim entrepreneur's relief if they follow the advice to meet the criteria set by HMRC KEY TAKEAWAYS If it’s a trading business you can claim entrepreneurs’ relief, but not if it’s an investment business Using your annual exemption and selling in different...2022-06-3022 min
Wealth Made Simple PodcastIncorporating, Entrepreneurs And Investors ReliefShaz works through detailed real life examples to explain how incorporation and entrepreneurs' and investors' relief can be effectively used in your business Understanding the rules and procedures around how your business needs to be structured to make the most of the tax relief available is crucial and Shaz shares great content in this episode KEY TAKEAWAYS If you are running serviced accommodation there are two opportunities to claim capital allowances, the purchase, and the refurbishment When you move property from your own name and incorporate it into a limited company you ca...2022-06-0714 min
Wealth Made Simple PodcastThings I Wish I’d Known 20 Years AgoShaz is sharing the top 5 key things that will really make a difference, making it easy for those who are just starting out or want to grow their property business He discusses why you don’t need lots of money to get into property and how commercial conversions are game changers If you want to grow your business advice from those who have experience and credibility is always worth listening to and as Shaz explains if he had known this stuff earlier he could have moved forward and grown more quickly KEY...2022-05-2426 min
Wealth Made Simple PodcastStamp Duty Land Tax Returns, Getting it RightStamp duty land tax (SDLT) is one of Shaz’s favourite topics but is also one of the least understood in taxation. Shaz takes a look at how stamp duty land tax works and some of the rules and procedures that apply to it, including the thresholds for different bands of payment and some of the rules around uninhabited properties and multiple purchases. Listen in and learn more KEY TAKEAWAYS Stamp duty land tax applies to both freehold and leasehold land and property The rate of tax paid depends on the size of...2022-05-1722 min
Wealth Made Simple PodcastStage 1 Deal AppraisalWhatever the deal you are looking at its important to have an accurate appraisal and in this episode, Shaz explains stage 1 of his 3 stage process for appraisal When you have worked out an overview of costs for acquisition, net saleable area, and development you will know if the deal is worth looking at further Shaz explains the process and then takes us through an example so this is a great episode that will get you started on the vital process of appraisal as a property developer KEY TAKEAWAYS The first qu...2022-05-0521 min
Wealth Made Simple PodcastTop Tips For Property InvestingShaz has identified the five key areas you need to think carefully about before investing in property. These tips are a good starting point for identifying the best areas to invest in and how to do the research that will mean you are buying income-producing properties that work for you generating positive cash flow every month and providing capital growth over time Investing in property is a great strategy but you do need to put in the work so that you invest in properties that you can afford, that cashflow and are in demand, Shaz e...2022-04-2617 min
Wealth Made Simple PodcastAt Progressive With Shaz – Tax QuestionsShaz answers questions from property investors about the potential tax implications when you incorporate and move properties into a limited company and when you own properties with other people There is more great content and advice that anyone with property can effectively use in this episode KEY TAKEAWAYS With the flat rate scheme once you are over £225,000 you go onto the standard rate for VAT TOM’s flat rate works for you as a small business If a guest stays for over 28 days there is no VAT chargeable Your asset has been sold...2022-04-0721 min
Wealth Made Simple PodcastAt Progressive With Shaz – RestructuringIn this episode, Shaz shares in-depth and comprehensive answers to property entrepreneurs' questions about restructuring. Some activities are classified as trading and some as investment so structuring your business in the right way, using investment and trading holding companies makes a huge difference to the tax and reliefs you can claim so this episode is a must for anyone building a successful property business. KEY TAKEAWAYS With different property strategies, you should have different companies Serviced accommodation, flipping and deal sourcing are all treated as trades Have one holding company as the inv...2022-04-0520 min
Wealth Made Simple PodcastAt Progressive With Shaz – No Money DownShaz explains how no money down deals work and takes us through a deal of his own that is a great example of how well ‘no money down’ deals can be a great way to build your property portfolio He also answers questions about shares and purchasing probate properties along with more information about taxes in this informative episode KEY TAKEAWAYS You can find a joint venture partner and work with a funder 100% of the funds came from the two other partners Trusts have a limited life If you are a property devel...2022-03-3119 min
Wealth Made Simple PodcastFAQ with ShazIn this episode hear about alphabet shares and how you can freeze some shares and continue to put value into others along with great information about whether you should have a company car or not and how should you finance it Shaz also discusses business structure and how you can form a holding company structure and then use different business structures for different projects within this. If you are just getting started there’s great content that will make a difference, listen in, and hear more KEY TAKEAWAYS Create alphabet shares so tha...2022-03-2918 min
Wealth Made Simple PodcastProperty Developing with No MoneyShaz shares some great steps that everyone should use if they want to do no money down deals. Building good relationships, being transparent and getting visible on social media are all important aspects of doing no money down deals. These deals can work well for both you and the investor if you’ve taken the right steps and made sure the deal stacks up. Listen in, follow Shaz’s great tips and get out there and do the deals KEY TAKEAWAYS Self-reflect and begin by asking yourself if you would do a no mo...2022-03-1511 min
Wealth Made Simple PodcastSessions With Shaz Q&As on R2SA, Title Splitting, Children in Business and TrustsIn this Q&A session hear about how you can include your children in your business structure and the best ways to do this from a tax perspective Shaz also answers questions about title splitting, the structure of trusts and explains why you need to achieve a balance because if you only look at the situation from a tax perspective you will lose out in other ways KEY TAKEAWAYS If you have lived in a property there will be no capital gains tax and you will be covered by the p...2022-03-1022 min
Wealth Made Simple PodcastSessions with Shaz Q&A’s on Incorporating, Shares, LLPs, and CarsShaz is explaining the tax benefits of different business structures and discusses LLPs, limited companies, and partnerships He also answers questions on company cars and how to effectively structure shares to give you the most flexibility when paying dividends This is a chance to hear great content about what you can do in your business to make sure you take are tax-efficient KEY TAKEAWAYS If you have a business you can incorporate your property portfolio and not pay capital gains tax A business is somewhere you work for more than twe...2022-03-0820 min
Wealth Made Simple PodcastQ&A with Shaz - Equity, Education, Expenses and LoansIn this Q&A with Shaz hear the questions people getting started in property want to know about tax and allowances Shaz shares great information about the best ways to fund education, what you can claim as expenses and the best ways to do this He also explains how loans to companies work best and the tax implications in this episode packed with useful content KEY TAKEAWAYS If the company is paying a dividend then this can be used to fund education You can claim any expenses if they are w...2022-03-0328 min
Wealth Made Simple PodcastProperty Strategies Mini-Series Part 3This 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 buil...2022-02-0815 min
Wealth Made Simple PodcastProperty Strategies Mini-Series Part 2In 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...2022-02-0319 min
Wealth Made Simple PodcastHow to Avoid Getting Ripped Off on the RefurbShaz wants to make sure no one gets ripped off or loses money on a property refurbishment project and shares his first ten tips on successful refurbishment If you are new to property use this list to make sure that you ask the right questions and take the right actions Property refurbishment is a great opportunity and Shaz’s practical advice will make sure you get the best start as a property developer KEY TAKEAWAYS Always have a property survey and give your surveyor specific instructions on what to look out...2021-12-0925 min
Wealth Made Simple PodcastDon’t be Desperate for a DealFREE WEBINAR - https://bit.ly/shazwebinar What you don’t do in property is as important as what you do in the world of property and mistakes can be very costly so Shaz is sharing advice that will help you to avoid the mistakes and make a success of any property deal Shaz goes through a live example of a deal currently being completed by one of his mentees and explains how to make a deal work and shares a great system that anyone can use to make sure they get a de...2021-11-2314 min
Wealth Made Simple PodcastMy Property FrustrationsShaz loves being in property but in any area, there are positives and also frustrations and challenges People don’t always talk about the challenges but in this episode, Shaz shares his personal top 3 property frustrations, although he’s quick to point out its individuals, not a whole sector who are not getting it right There are always frustrations and challenges, listen in and hear what Shaz’s are and how he overcomes them FREE WEBINAR - https://bit.ly/shazwebinar KEY TAKEAWAYS Certain deal sourcers promise you the world and th...2021-11-0912 min
Wealth Made Simple PodcastWhat NOT to DO in PropertyWhat not to do is as important as what to do in property and Shaz goes through his top six tips in this episode Hear about the value of training, making decisions without emotion and why you should start by learning and implementing one property strategy There are always people telling you what you should do but if you take Shaz’ advice about what not to do you can avoid the mistakes and become successful in property a lot faster https://bit.ly/shazwebinar KEY TAKEAWAYS Set aside money for tra...2021-11-0217 min
Wealth Made Simple Podcast7 Traits of Successful Property InvestorsThere are certain traits that can be seen in any successful property entrepreneur and Shaz explains what these traits are and how you can go about developing them to break through to the next level in your business From clarity through to having a strong power team and learning to protect your time, follow Shaz’s advice and take action so that you have the traits of a successful property investor KEY TAKEAWAYS Have clarity and be very clear on your vision and how you are working towards it Work towards your goals by ha...2021-10-2115 min
Wealth Made Simple PodcastWhy Most People Fail in PropertyFREE WEBINAR - https://bit.ly/shazwebinar” for all episodes until the 7th December Shaz looks at what really makes the difference between success and failure in property and shares great content on what you need to do to be someone who is a successful property developer From mindset to building a great team around you there are vital elements that Shaz knows from experience you must have if you are going to be successful and he is sharing these and more in this must-listen episode for any property entrepreneur KE...2021-10-0713 min
Wealth Made Simple PodcastShould You Have a Ltd CompanyShaz gives a great overview and the key information that anyone needs to make a decision about whether a limited company is the right structure to choose for their business There are different business structures available and many people are not aware of the advantages of a limited company structure from being able to plan for inheritance tax to liability. Along with the advantages Shaz also shares some of the possible challenges of the limited company structure meaning you can listen in and get a great overview KEY TAKEAWAYS The t...2021-09-3016 min
Wealth Made Simple PodcastPros and Cons of having a property registered for VAT Yt subsShaz answers a question from his Facebook community, entrust property tax experts, where you can find lots of great information being shared on tax and property. The question is one that anyone who is investing in property will want to have the answer to – what are the pros and cons of having a property registered for VAT? Shaz shares great information about what happens and when in the property cycle and how opting in for tax works. KEY TAKEAWAYS Generally, the reason you are paying VAT is because it’s a new...2021-08-1007 min
Wealth Made Simple PodcastHow to Build a Property Business FasterShaz shares his top tips on the best way to build a property business based on his own extensive experience. This episode will be a gamechanger for any listener as Shaz shares the tips that really make a difference in building your property business fast and explains why educating yourself, networking and getting out of your own way are key KEY TAKEAWAYS Invest in educating yourself regularly to help increase your rate of development You can have more than one deal in progress. Be bold and move quickly to do more deals Sp...2021-08-0314 min
Wealth Made Simple PodcastModern Modular Housing ConstructionModular housing is popular in America and certain parts of Europe and in this episode, Shaz discusses a current project where they are using modular housing and the benefits of doing this. SIP and timber frame buildings mean work can be completed off-site and impacts significantly on the time needed with Shaz’ current development putting together three houses every ten days. Modular construction is something you should definitely be looking into and this episode has some great advice. KEY TAKEAWAYS Modular homes are built in the factory then shipped to the...2021-07-2910 min
Wealth Made Simple PodcastFixed Rate Mortgage or Variable Rate?Fixed interest or variable? Shaz explains the approach he takes when considering whether to look for a fixed rate or variable rate of interest on mortgages. Ultimately it’s about your personal attitude to risk coupled with whether the rates being offered for fixed-rate make it worth your while and Shaz shares some great tips about how to find the deal that works for you. KEY TAKEAWAYS It depends on your attitude towards risk Are interest rates going to go up or are they going to go down Are they goi...2021-07-0604 min
Wealth Made Simple PodcastWhat’s the Best Area to Invest in PropertyPeople often ask, ‘What’s the best area to invest in property in the UK?’ and Shaz shares why the answer is everywhere and how to make sure you have the right criteria in place to help with securing the deals that work for you. Shaz has an extensive network and knows property investors across the country and everyone is doing well with fantastic deals where ever they are located. KEY TAKEAWAYS There is opportunity everywhere The reason for asking about the best area can be about where to find the highest returns...2021-07-0104 min
Wealth Made Simple PodcastWealth Made Simple - Shaz Nawaz - Will Alphabet Shares Soon Be A Thing Of The PastSome accountants voice concerns over multiple share classes and in this episode, Shaz looks at the different types of shares and how they can be used within the structure of a company. Previously some types of shares have been exploited but as Shaz explains this is unlikely to happen with Alphabet shares as it’s a commercial arrangement that benefits both parties KEY TAKEAWAYS In a limited company, you have ordinary shares, With different classes of shares, you can restrict and limit the rights people have with those shares You can limit vot...2021-06-1706 min
Wealth Made Simple PodcastPay off Mortgage or Invest?Shaz answers the question about whether to pay off your mortgage if you have the cash. It can be easy to think that not having the debt is what everyone would want but as Shaz explains there are other options to consider. He shares some of the options that anyone with the cash may want to look at instead of paying off the mortgage and reflects mindset and that ultimately everyone will need to make a choice that works for them. KEY TAKEAWAYS How you feel about debt is a p...2021-06-0305 min
Wealth Made Simple PodcastBuy, Refurbish and Rent – A Strategy that WorksShaz explains Buy, Refurbish and Rent (BRR) and why it’s a strategy that works so well you can repeat it, again and again successfully. There are ways of sourcing finance and finding below market value properties that mean you can use this strategy with very little money down and create an asset that generates regular rental income for you. If you don’t know what strategy to start with Shaz recommends you go with BRR, because it works well again and again. KEY TAKEAWAYS Buy a property – preferably below market...2021-05-2006 min
Wealth Made Simple PodcastWhat do do if HMRC want to set up a tax enquiry meetingHMRC is entitled to ask for reasonably required information, but the definition of reasonable is not always easy to define. Shaz shares invaluable information about the do’s and don’ts when HMRC want to set up a tax enquiry meeting. It can be easy to think you need to give everything that’s asked for but Shaz explains why this isn’t the case and some of the reasons behind why they are requesting particular information along with what you can do to make sure any information shared is reasonably required. KEY TAK...2021-05-1309 min
Wealth Made Simple PodcastBuying a Business Ep 8 – 5 More Top Tips of What to Watch out for When Buying a BusinessShaz shares five more great tips on buying a business with all ten providing a good starting point for anyone looking to buy a business for the first time or considering buying another business. In the previous ‘Buying a Business’ episode, Shaz covered goals, knowing your limits, financing the purchase, sellers motives and having an understanding of the industry. Add the tips in this episode for a great list of the top ten tips you need to work through when buying any business. KEY TAKEAWAYS You need to have knowledge about...2021-04-2709 min
Wealth Made Simple PodcastFlipping vs BRRAre you looking for regular cash flow or quick cash? Shaz shares information about buy, refurbish, refinance and flipping as property strategies. Each has advantages and it is all about what you are trying to do – build equity and a passive income or generate cash flow and an active income. As someone who uses both buy, refurbish, refinance and flipping Shaz has great tips on what works and why - depending on what you want and need from a property. KEY TAKEAWAYS If getting big amounts of cash in quickly is...2021-04-1510 min
Wealth Made Simple PodcastBuying a Business Ep 5 - Ways to structure a dealShaz shares the most common deal structures for buying a business, giving anyone who is thinking of buying a business the opportunity to think about what will be the best structure for them. You could be looking at all money upfront, deferred payment or joint shares it’s all about what works for you with Shaz also explaining why deferred payment is his preferred strategy for a deal and why. KEY TAKEAWAYS A deal can be all the money upfront and lots of smaller deals are completed with this structure. With deferred pay...2021-04-0606 min
Wealth Made Simple Podcast7 Reasons Why You Should Invest in PropertyShaz is a multiple business owner and successful property entrepreneur and in this episode, he shares why property remains his favourite strategy. Property is a tangible investment and people are always going to need somewhere to live either as property owners or tenants. If you invest in property as a strategy there are a huge range of strategies you can get involved in from new builds through to buy to let and commercial conversion. Shaz shares the key reasons property is a great investment and why you need to focus on cash flow...2021-03-2512 min
Wealth Made Simple PodcastBuying a Business Ep3 Top 10 Skills to NegotiationIn this episode, Shaz shares great advice and tips on how to negotiate effectively. It’s a numbers game so it’s important to not get emotionally involved but effectively use your negotiation skills to get the best deal. There are always multiple factors involved as to why someone is selling and building rapport and respect through communication is the best way to understand the motivation of the seller. Using Shaz’s great practical advice is a great way to get started with negotiations that will get you the deals you want. 2021-03-2313 min
Wealth Made Simple Podcast5 Reasons why we are going to see a property crash in 2021Everyone is talking about if and when a property crash will happen and Shaz has put together great content that explains when and why it will happen in 2021. Following the worldwide pandemic, the support measures put in place are coming to an end and officially the UK went into a recession in the second quarter of 2020 so there will be a correction in the property market and Shaz shares great information about the reasons why in this informative episode. KEY TAKEAWAYS The UK has been in recession since the second quarter of 2020 I...2021-03-1807 min
Wealth Made Simple PodcastBuying a Business - Episode 2 - Securing Funding!In this episode, Shaz looks at the different ways you can secure funding to buy a business. there are a variety of different ways and each has different challenges. Shaz explains in detail why deferred payment works exceptionally well and is his personal choice for funding. It means putting in the work to understand the motivation of the seller but it’s about you not having to put any money into the deal. When you can finance purchasing a business in this way it opens the opportunities for scaling securing multiple businesses. KEY TAK...2021-03-1610 min
Wealth Made Simple PodcastBuying a Business - Episode 1In this first episode of a new series about buying a business Shaz looks at shares and assets. It’s important to understand the differences for both the buyer and the seller when selling and purchasing assets and shares and Shaz explains the differences and why sellers usually prefer selling assets. Ultimately it’s about understanding what both the seller and buyer want and what’s required when assets or shares are sold as part of a business and Shaz shares great advice about what needs to understood when buying any business. KEY T...2021-03-0911 min
Wealth Made Simple PodcastHow to start a property business EP 7: Top 9 things you should do at the startShaz shares his key tips in this episode, the things you need to do if you want to be successful in business as a property entrepreneur. Shaz shares his personal experiences and provides a great opportunity for others to learn from the mistakes he made along the way. If you are passionate about property and committed to growing a successful property business then follow these key tips and you will see positive results. KEY TAKEAWAYS Make Sure you have a good power team solicitor, accountant, architect, deal sourcer, planning consultant and...2021-02-2306 min
Wealth Made Simple PodcastStarting a Property Business- Ep 4: How to Buy a Property with No Money!One of the most common questions asked by those starting out in property is ‘ I don’t have the funds how can I buy property?’ Shaz answers the question and explains exactly how anyone starting out can buy property without using any of their own money. Follow Shaz’ advice and you will be able to focus on spending your time finding good deals and building your property business. KEY TAKEAWAYS Spend time finding a good deal with the right property You can look for a joint venture partner to fund the purchase and possib...2021-02-0209 min
Wealth Made Simple PodcastHow To Invest In Yourself And Improve Personal DevelopmentShaz reviews the variety of ways you can invest in yourself to further your knowledge and understanding from reading regularly through to being part of Mastermind Groups. Many people underestimate the importance and impact of personal development on the journey to a successful business but the more progressive thinking you are the more valuable you will be to your customers and clients. So, get started by blocking out time regularly for personal development and follow some of Shaz’ great tips on ways to invest in yourself. KEY TAKEAWAYS Reading books have a phe...2021-01-2813 min
Wealth Made Simple PodcastTechniques to Grow Your BusinessMany people are fixated on the idea that the only way to grow their business is through attracting more customers but there are many other things you can do and Shaz shares why and how you can use all of them to grow successfully. Retaining your existing customers is key because it’s far more cost-effective than the marketing required to secure new customers and Shaz explains exactly what you should be doing to increase revenue. KEY TAKEAWAYS Review your prices and make sure there is a good margin for you Are you...2021-01-1407 min
Wealth Made Simple PodcastStarting a Property Portfolio Business- Ep 1 Buy & Hold or Buy & SellIn this new series Shaz covers everything you need to know about starting a property portfolio and begins in this episode with looking at - Should you buy and hold or buy, refurbish and sell? Along with great advice and tips about whether the business should be in your own name or you should create a limited company. Property is a tried and tested way of achieving extra income and there are lots of different strategies but the buy and hold and buy, refurbish and sell are two of the most easily accessible to those who are...2021-01-1216 min
Wealth Made Simple PodcastCommercial Conversions EXPLAINED What you should consider before doing oneIn this content-packed episode, Shaz explains what everyone should know before they start a commercial conversion. Lots of people miss out capital allowances because they don’t know what they can claim so it’s vital you seek the advice of an expert tax specialist so that you know exactly what you can claim in capital allowances. Commercial conversions can be a great area to get into as a property developer and Shaz shares great advice and tips about how to get the best out any project by starting off with the right information. 2020-11-2608 min
Wealth Made Simple PodcastMoney Management Series, Episode 1 – BudgetingShaz begins a new and invaluable series this week with the first episode in money management, getting to grips with budgeting and making it part of your life as a good habit. Most people don’t like talking about money, have hang-ups or issues around money but you need to become a student of money because it’s only when you understand it that you can make it work for you. Many people live their lives without a budget not knowing what they are spending every month but budgeting enables you to have money for what...2020-11-2421 min
Wealth Made Simple PodcastWhat Leads to a Tax Enquiry?In this episode, Shaz answers the question every individual and business owner wants to know the answer to ‘What leads to a tax enquiry?’ HMRC haven’t ever made it clear and say it’s a random selection process but that’s not the way they do things and the majority of tax enquiries are initiated because of numbers and patterns not adding up. Shaz explains exactly what triggers an enquiry and shares great information on what to do if you are involved in a tax enquiry because you don’t have to give them everything a...2020-11-1017 min
Wealth Made Simple PodcastTax Relief Through Smart ThinkingShaz talks all things tax relief in this online presentation. He shares how he has made savings himself with examples from his own property development projects and answers questions about the best ways to purchase property either solo, with a partner or in a limited partnership. The questions are wide-ranging and Shaz includes great advice on how to save tax and claim tax relief if you are a business owner. It can be very easy for people to miss out on tax relief simply because they don’t know how to structure or what to cl...2020-11-0326 min
Wealth Made Simple PodcastAdding children to your business!?Should you add your children to your business or company as shareholders and directors? Shaz looks at the advantages and possible disadvantages of bringing your children into your business and the differences it can make to your tax. There are many aspects to consider from the age of your children to the implications with lenders and how it can help with capital gains tax. Shaz shares great information that will help any business owner with the decision around adding their children to the business. KEY TAKEAWAYS You can add children as...2020-10-1310 min
Wealth Made Simple PodcastCompany Cars – What’s the Best Option?Company cars are currently a popular subject and as Shaz has recently taken delivery of his new company car he is sharing great practical advice about what you should consider if you are looking at a company car. There are many different tax aspects to company cars so understanding what is the best option for you is crucial. If you are thinking about having a company car the most important question is “What is the best option for me?’ and Shaz explains exactly what is available and the tax implications so listening to this episode is a...2020-10-0615 min
Wealth Made Simple PodcastHow to Make Your Money WorkShaz explains how you should hold onto your money until you find the right deal, and if you don’t have any money of your own how to leverage and use someone else’s helping them to make money and helping you to grow and invest in the deals that make the difference. It’s important to understand that every decision has a consequence – positive or negative and you need to always take the time to think through things carefully so you know what could happen – the upside and the downside. Shaz shares great money tips for th...2020-09-1519 min
Wealth Made Simple PodcastWhat Are the Disadvantages of a Limited Company?People often discuss the advantages of a limited company but in this episode, Shaz discusses some of the disadvantages and the potential impact. A limited company may be the right option for you but there are a number of disadvantages and it’s crucial that these are understood in order to ensure you choose the right strategy for you. Shaz shares great content and advice about what you need to consider and why making this episode a ‘must’ listen for anyone wondering if they should or shouldn’t form a limited company. KEY TAK...2020-09-0815 min
Wealth Made Simple PodcastWhat Leads to a Tax Enquiry?In this episode, Shaz looks at what, in reality, triggers a tax enquiry by HMRC and what you should and shouldn’t do during any tax enquiry. It’s often thought that the selection for tax enquiries is random but this is very far from the truth there are a number of reasons that play a role in the choice HMRC make for those who they decide to select for a tax enquiry. Shaz shares great content about what makes any business more likely to be selected and what you can do to cooperate but also...2020-09-0117 min
Wealth Made Simple PodcastIain Forsythe InterviewShaz is with Iain Forsythe DL who started his business in his bedroom and grew it into an organisation with a 10 million pound turnover and 120 employees. He now dedicates his time to developing and supporting entrepreneurs so that they can maximise all opportunities. Iain shares great business advice and discusses with Shaz the importance of employees and why the strength of any organisation is influenced by the calibre of its staff. He explains what you need to look for when employing and nurturing your team to ensure everyone feels valued and the outcomes are successful.2020-08-0458 min
Wealth Made Simple PodcastTips for Successful Commercial Property DevelopmentShaz shares invaluable tax tips and property advice as he takes us through one of his current development projects. In this particular project, a conversion from commercial to residential, there are a number of significant opportunities to claim tax relief but as Shaz discusses many people miss out because they just don’t know what they could claim. As he goes through the process from joint venturing to obtaining planning this real life example provides a great insight into understanding what to look at and when to ensure you gain the most at each stage of...2020-07-2819 min
Wealth Made Simple Podcasthe Property Process from Viewing to OutcomeIn this episode, Shaz takes us through the whole development process from identifying your ‘gold mine’ area, through purchasing and redevelopment to the final outcome for the property. Using a live redevelopment project with a Grade 2 Listed building that he has recently completed Shaz explains exactly what he has done to move the property from viewing to having new tenants. This is a great opportunity to hear about a project and the importance of building positive relationships to ensure you get the result and outcome that you want. KEY TAKEAWAYS Decid...2020-07-2124 min
Wealth Made Simple PodcastAdvice That Makes the Difference in Property DevelopmentShaz shares more great advice in this episode where the questions range from claiming Principle property relief through to land remediation. Shaz also takes us through 2 examples of his own property development projects explaining in detail both what went well and the challenges he met and overcame during the development process. If you have an accountant and advisor who are knowledgeable you are able to make all aspects of tax relief available work for you throughout a development project. The real key is to have access to the right level of expertise. KEY T...2020-07-1436 min
Wealth Made Simple PodcastYour Tax Questions AnsweredShaz is answering wide-ranging questions about tax and its implications in this episode packed with content. He provides some great answers to individuals about situations that they are currently dealing with and shares possible tax solutions that will be advantageous. The information and advice he shares ranges from inheritance tax on a property through SSAS, limited companies and why he advocates for a holding company so that risk can be mitigated and payments made between companies. Shaz is an expert across tax and this is a great opportunity to hear about the tax...2020-06-3050 min
Wealth Made Simple PodcastShaz Interviewed by Eddie MacThis episode is a great opportunity to find out more about Shaz and his mission to share his message and knowledge with others. As an entrepreneur with 5 businesses, each in a different sector he knows all about the importance of multiple streams of income and how to help others increase their wealth. Every business needs to be adaptable and provide value to its customers - to not only survive but grow successfully and Shaz shares the key elements any business needs to get right and have in place to be able to do this. 2020-06-0239 min
Wealth Made Simple PodcastOnboarding Process & ExpectationsShaz is looking at the onboarding process and the difference in the expectation gap between what’s promised and what’s given. Onboarding a new customer, client, patient or tenant is an important process in any business and in this episode, Shaz explains the detailed process he uses and how getting it right can build confidence, customer relationships, retention and longevity with your customers. Shaz is sharing his expertise and experience of how to get onboarding right and make your customer feel they are part of your business family, listen in and enjoy. 2020-05-1218 min
Wealth Made Simple PodcastProperty Conference Q&AIn this episode, Shaz is answering a range of questions around tax, finance and the current support available from the government. This is a great listen and the wide range of questions that Shaz answers provide valuable information about buying land, loans between companies, deferment, the grants available to businesses during the current pandemic and why it’s vital to create your own emergency budget. Shaz truly has a wealth of expertise and knowledge, listen in for great content shared in an easily accessible way, with the questions we are all asking and the answers we...2020-05-0540 min
Wealth Made Simple PodcastWorking From Home - My Tips!Shaz is now like the rest of us ‘staying at home’ and in this episode, he reflects on how working from home was not something he had ever contemplated before because home is where he spends time with his family. Currently, everything is different for everyone and Shaz shares how he and his team are adapting to working from home and discusses the best way to create a productive routine using the right software. KEY TAKEAWAYS We have a group huddle every morning to share what we are looking to achieve, it sets...2020-04-1420 min
Wealth Made Simple PodcastNew England Case Study‘We were able to achieve an extra 175,000 in our accounts - this is a game-changer’ As a successful property investor, Shaz has extensive experience and expertise. In this informative episode, he shares an example of one of his own redevelopment projects. When purchasing to redevelop from commercial to residential there are tax allowances available that are game-changers for any investor. Shaz takes us through his project explaining in detail the costs and how effective use of tax planning made it a very profitable deal. Listen in to hear how to you can use tax a...2020-03-2422 min
Wealth Made Simple PodcastHow to Get Time Management Right and Do MoreThe most common question Shaz is asked is ‘how do you find the time to fit everything in with 5 businesses, your work as a City councillor and as part of the board of 2 charities? Shaz shares how he is able to do all this and spend quality time with his young family in this episode about effective time management. Instead of time management, it should be really be called self-management because, in reality, we can’t manage time, we can only manage ourselves and Shaz explains the most effective ways to work smart and get more...2020-03-0317 min
Wealth Made Simple PodcastGetting Marketing Right and Growing Profit‘If you track, measure and refine over time you will generate more leads by focussing on the right channels’ Shaz is sharing the numbers that every business owner should know in this episode that provides great practical advice on how to get marketing, lead generation and conversion work effectively in your business. If you are a small business spending on marketing can be daunting and there can be a temptation to spend less. Shaz explains why you should spend more and how to utilise your ‘A’ customers to generate the most valuable leads of all, listen i...2020-02-2513 min
Wealth Made Simple PodcastKey Performance Indicators – Which Ones Do You Need In Property?In this edition, Shaz talks you through the concept of Key Performance Indicators (KPIs), and tells you all about the most essential ones you should be making a part of your property journey. Having conducted over 3,000 business consultations, Shaz has recognised that the best and most profitable businesses are the ones who track their performance through data, and act whenever certain points are hit. And you should, too! KEY TAKEAWAYS It’s vital to track your numbers, study them well, and take action when you’ve done well. Similar...2020-02-0420 min
Wealth Made Simple PodcastIn Conversation With Progressive Property’s Mark Homer!It’s a very special crossover episode this week. Shaz joined entrepreneur investor, and co-founder of Progressive Property, Mark Homer, on the Mark My Words podcast, where he discussed everything from current projects and deals, tax strategies that have worked, the ways in which business can serve the community, and some of the tax misconceptions that might be needlessly costing you money. The whole conversation is presented for you today! KEY TAKEAWAYS A No-Money-Down strategy has worked for Shaz lately. He’s just begun a project involving the buildin...2020-02-0449 min
Wealth Made Simple PodcastStrike While The Deal Is Hot!This week, Shaz wants to tell you all about a property deal that came about by chance, and the strategies he employed in order to take immediate advantage of it. Sometimes deals spring up from nowhere, and you need to move quickly. In this episode, Shaz gives you the invaluable advice that will allow you to do just that. KEY TAKEAWAYS Talk to as many people as you can in your particular area, and make sure you tell them about what you do. You never know when you’ll stumble onto...2020-02-0417 min
Wealth Made Simple PodcastDue Diligence Matters More Than You Think!Welcome to Wealth Made Simple, a new podcast in which entrepreneur, award-winning accountant, tax expert and investor, Shaz Nawaz, guides you through the process of making money, keeping money, and most importantly, growing your money. Few people know more about mastering money through business, property or tax saving strategies. Throughout his career, Shaz has helped his clients make tens of millions of pounds in additional profits through the very business strategies he’ll be sharing with you In this week’s show, Shaz talks about investment pitfalls, and some top tax tips. Often people who find...2020-02-0425 min