Q1) What’s the best way to sell an idea? 0:50 Q2) Is the rent a room scheme useful? 1:52 Q3) What first steps do I need to take to renovate a property? 2:18 Q4) Do you have experience with council planning permission? 3:07 Q5) I’m looking to buy my first property, do you have any tips? 4:16 Q6)Do you prefer to invest in properties for capital gains or increase value? 5:13 Q7) Do you have any experience with NDAs? 6:18 Q8) How do I know if I’ll be able to find tenants? 7:10 Q9) How do you deal with addition requirements for a ghost kitchen? 9:34 Q10) What percentage should you should for capital vs leverage? 10:19 Q11) How can you calculate cost and product margin? 10:31 Q12) I’d like to buy a property after the pandemic, any advice? 11:07 Q13) Can I release equity from the mortgage? 11:42 Q14) How risky is it to start a property portfolio? 12:18 Q15) Should I buy during a recession? 13:25 Q16) Shaf, is mentoring available from you? 14:07 Q17) Can you set up a ghost kitchen on a small scale? 14:30 Q18) Why do so many property moguls sell courses? 15:12 Q19) Do you know of any property entrepreneurs who’ve done deals using banks? 15:32 Q20) What do I need to get a commercial mortgage? 16:58 Q21) What property ventures haven’t gone the way you’d hoped? 17:54 Q22) How can you find a good solicitor? 18:39 Q23) Do I earn enough money to start investing in property? 19:21 Q24) Do I have a solid plan as a beginner? 19:55 Q25) Have you ever converted offices to residential? 21:08 Q26) What do you think about the Dundee residential market? 21:32 Q27) Am I liable for a tenant’s debt? 22:45 Q28) Is now a good time to be a landlord? 23:21 Q29) How do I go about starting a recruitment agency? 24:26 Q30) If a recession hits and I already have a mortgage, will I be ok? 24:45 Q31) What’s the best method to buy a property with a friend? 26:07 Q32) Is £10k enough for a deposit on some flats? 27:24 Q33) Should I get an accountant full time? 28:08 Q34) Should I buy residential through an LTD? 28:43 Q35) Would you release equity for a long-term tenant? 29:19 Q36) Do you use more equity in a strong market? 29:28 Q37) Would you recommend a residential mortgage? 29:40 Q38) How can I make good money on a side hustle? 29:57 Q39) What is the best LTV amount that’s safe? 30:46 Q40) What do you think about Dan Pena? 31:09 Q41) I’m looking to move workshop premises, do you have any tips? 31:31 Q42) What’s a good return on a rental property? 32:32 Q43) Can you do a video on how to start a real-estate investment fund? 32:55 Q44) How would you start out with £20,000? 33:14 Q45) What banks will provide pre-approved facilities to let you buy from auctions? 33:54
Hi Shaf, You mentioned that there will be no capital gain tax on a property if you choose to live in it. This is only the case if you have lived in the property for atleast 2 years. However, you have a capital gain allowance of £12,700 per year. £25,400 if in the name of you and a spouse. If you have bought properties and sold within the two years you are taxed at the same rate as income tax at 20%, and if it is deemed employment you may also have to pay 9% national insurance on top of that.
Great Contents, straight to the point, no BS, Shaf you are among those few Real Estate investors who actually provide amazing value. Congratulations to the audience for asking some challenging questions! Greetings from Montreal, Canada. 💥🎉👍
Hi Shaf, question for your Q&A videos. As interest rates are so low, where would you be looking to invest circa £30k (at low to medium risk) if you didn’t need to access it for 3 to 5 years? Would you wait to see the scale of the recession, or are you able to suggest assets or markets to research?
On the question of solicitors; If you find a good one hang on to them with both hands. I have been appalled by the standard of UK solicitors in the property deals I've been doing there. I have found one that is responsive and proactive. She's not the cheapest but worth every penny.
Hi Shaf, i remember you saying that getting into commercial property was difficult. I currently rent a couple of BTL properties. What would you recommend for me to get into commercial property? #askshaf
Hi shaf I am looking at buying a commercial property and converting it into 7 flats. The property is £100k to buy and £80k to £100k to develop. I’ve got experience of several residential renovations but this would be my first multi unit conversion. Could you advice the best way to finance it and what else should I be aware of before starting the project Thanks
great content as always ... particularly about the RCF - perhaps you could do a video going into more detail on this - this is aspirational for most investors - but understanding more about the track record that they need to build in order to be taken seriously by RCF providers will be highly motivating and give people an insight into how to establish good process, an MO, a sound business plan etc.
Brillaint content Shaf! What's the best leverage to use when investing in London? On average a 1 bed flat at £350k could rent for £1200 with a repayment mortgage, expenses and taxes my maths results in only about £200 cash flow with a 30% deposit. How can you build wealth with just £200 a month even if you invested in more properties? The cash flow is very low. Any advice would be great, thank you!
Brilliant channel ! Keep up the good work Shaf . Very important for inexperienced property investors to take note of what this guy is saying . I’ve been investing in property for some 20+ years and concentrate on my area learning a lot along the way and still learning.I know from experience that what Shaf is says is honest , and experienced advice . There is no get quick rich route in property like so many of these gurus suggest . Good luck to everyone .
When you have £X,000 and you want to get the most out of your investment it can be tempting to make it stretch as far as possible by overleveraging - be realistic, if a tenant stops paying and it takes you 3 months to get them out and they trashed the place, do you have the capital reserves and cashflow? Trust me, landlords will vouch for this - things like boilers don't break one at a time, they break in 2s or 3s its just sods law. Also RE: sell, rent or live in it - why not live in it (after so much time you can sell it and pay 0% capital gains) and meanwhile REFINANCE it to release some cash for the next deal.
Shaf you legend, truly can’t thank u enough for the succinct yet invaluable tips! Will cut to the chase I’m looking to buy a residential property in the next 6 months that I can add value to it (2 bedroom, rundown, desperate seller, can get planning permission for 2 more bedrooms) at around £380k in London (I think I can get that). Got friends in renovations so that’s a jackpot. We’re two trusted friends, have £50k cash in total for a joint mortgage, will live in until we get it done in a year or two, remortgage and go from there. Personally work full time and make £38k/year. Does that sound crazy? Any tips will be in stones for us. Cheers!
Hi Shaf, Amazing property and financial content - thank you. I am a property surveyor (of 10+ years) and I want to development and learn more about property investment, (as you have previously mentioned) it's extremely difficult to identify genuine training - its a minefield, especially since currently everything is only online. Other than financial checks on a training company, what other due-diligence can be done? Do you have any advice/recommendations on where to learn more about property investment planning and strategy (other than books)? Thank you. Chris. #askshaflive
Shaf what is the best location to buy a residential property in Scotland during the next 2 to 3 years? Glasgow, Edinburgh, Aberdeen, Dundee, Iverness or even some other smaller town in Scotland?
Hi Shaf. I’ve just bought my own property as a first time buyer to live in after having saved a decent pot of money. Of this pot I now have 5k left and have been spending lockdown educating myself on property investment which has led to me finding a fantastic BTL opportunity which should cost an initial investment of around 18k (deposit/legals etc). Any ideas how I could raise the extra cash? My credit score isn’t great now due to me just taking out this new mortgage within last 5 months so I could struggle for a loan. Thanks in advance👍🏻
Hi Shaf, Great Videos. Im about to buy a piece of land to run an agricultural business from. Should I buy it in my own name, and rent it to the agri limited company? Or buy it as the agri limited company? Or buy it as a different limited company, and rent it back to my agricultural one? I'm unsure as to which way will provide me the best tax options. Many Thanks
Hi Shaf, I'm a new subscriber, but have already found your videos to be very insightful. Question: I am currently renovating an old four bedroom house (passed down, free hold). However I am unsure weather to rent it out or air b&b/ holiday home. The house is located in a rural area, so it wouldn't have the city 'business appeal'. Also I am apprehensive about asking advice from an air b&b like management company as all they want is my money, so will tell me that it would work great as an air b&b... Thanks.
Shaf, I see you done a video on Samuel Leeds, would you consider looking into some of the other prominent property gurus such as Paul McFadden, Kevin Wright, Touchstone Education. Would be good to get a review on these. I'm sure loads of people are watching their content and attending their courses as well.
Recently came across your series and absolutely loving it! Thanks for the solid advice Do you know a reliable estate agent who can give me solid advice on where to purchase a buy-to-let property budget of =-£200k in an area with great capital appreciation and high rental demand? Thanks so much
Do you have any ideas on how to reduce my tax by living abroad? I made 180k profit before tax in my company last year. Is there any arrangement where I can live abroad and pay myself the profits as a salary and reduce my total taxes? I wouldn't mind using the amount that would have otherwise been spent paying CT and using it to live abroad since the business doesn't require my day to day involvement anyways. I know a lot of american entrepreneurs are living in Puerto Rico for the tax benefits. Any ideas?
Hi Shaf, I am looking to do a one or two flips to build some capital. I am looking at properties around the 150k mark but only have 100k capital. I have spoken to brokers which have told me that the best method is to use bridging finance. I dont want to put all of my cash into the deal but also dont want to loan too much due to the high interest. What LTV would you recommend here baring in mind it is my first deal? I have done lots of DD on it and am confident that it will make a good profit after refurb. Thanks!
Shaf I have a question. You suggest buying property on a Ltd. But what happens if I am a cash buyer and buy it through a Ltd and want to sell it? Would I be able to pull out all my money with my profit or will I have to pay the government. Thanks Shaf.
Hi Shaf Really big fan and love the value you are giving Question. I have a connivence store in the west of Scotland doing 2 million turnover per year. Where should I invest my profits, buy another store or buy residential properties or buy commercial properties. Thanks for the advice!
Hi Shaf. You shared that you use duedil.com to estimate the credibility of a company before doing any business with it. Do you know a useful website to analyse the areas for residential property investments? I found globalpropertyguide.com but thats more of a blog, than a tool. Thanks in advance! Stay safe.
Hi Shaf, Like your content but with ref to the recrutiment agency question: if someone asks me if they should start a business, I always advise them to work in that business for someone else for at least a year, to really see if they are cut out for it. Many people have an idea of what a business is like, but sometimes they are only seeing 30% or 50% of the day to day business. Only by working in it, will they see the full picture. It cost a lot to set-up a business only to discover it's not for you. Working for someone else is a cheap way to research/fail. They can then go on and look for something else with there capitol intact. I know the idea that entrepreneur learn from their mistakes, but it is cheaper to learn from avoidable mistakes.
Hi Shaf, can you do a video about the future? In 5 years time when rates go up to 5%+ what will this mean. How to work out if a borrower is over stretched? What are the signs to look out for? Thanks
Shaf so glad i came across your channel, I am looking at doing my first house flip through my ltd company, i have some savings but will banks allow me to draw equity out of my home to finance materials etc?
Shaf could you consider a video on how someone with an interest in going into property development but has no cash and no access to "investors" would actually fund such a project through borrowing? I'm sure there are many who would to see a possible answer to this.
Hi Shaf. I currently have two residential properties in cash and another on a 25% mortgage. I was interested in getting involved in commercial property. You mentioned previously that you need a good rapport with surveyors, solicitors and other professionals to get funding but how will a total novice to commercial property be taken seriously enough by these professionals to satisfy a lender? Also, what are the most common costly mistakes people make when they get into commercial property? Thanks.
Same question from me and also how do you get the best interest rates - I’ve been quoted mortgages 7% for newbies and 5-6% more common for 75% mortgages! When/ how does this start getting cheaper?
Really enjoying #askshaflive, another great set of questions and answers. Do you have any opportunities that you passed on but later regretted? If so, what steps have you taken to address this?
Shaf, if someone has multiple properties and they don't want to pay tax when selling can they do the following, legally. End the tenancy in the property they want to sell, move in and make it a primary residence while doing any work which needs to be done, and then sell the property with no tax and move into another one in the portfolio? Hope that makes sense cheers.
Question for Adam Pye: Is buying stock lots of branded products banned by Amazon? What I mean is if the goods are branded don't you need the brand to give you written permission to sell the items? How do you go about re-selling stock of branded products? Thank you Shaf for all you are doing!
Excellent information, we came across your channel today. I am amazed to hear what you think about some of theses course as we were really close to book one. Thank fu.... we didn’t. We do have some BTL. And right now are looking at 1 now freehold £131k which would be BRR we going to use bridging finance would you recommend this ??? With £20k for refurb. And revalue would be in and around £200k mark is this good ?cheers
Some very useful and knowledgeable content here Shaf.... You are always providing amazing advice and you deliver it in such a simple manner to understand!! As always, your in my dua's bro, May Allah bless you :-)
Hay shaf you need to start some kind of course, even if it's online regarding property. I am currently buying my first 4 bedroom house off my father for £100000. The house nextdoor to me sold for £100000 but that's a 3 bedroom Plus my house has been valued at £110000. I am already looking at another one to buy. The house next door to me sold for £100
Hi Shaf, Thanks for the advice, this has been so helpful and potentially saved me from dropping thousands of pounds down the drain to a chancer! I am looking into moving back to the Uk from Australia and interested in purchasing a small piece of land outside of a town or city where I could build a small tiny house and live there without having a mortgage. What issues should I be aware of which may trip me up in regards to planning permission or other legalities? Thanks in advance
Model Health Australia Thank you for the feedback 😉 If you have any property or business-related questions. I am absolutely delighted to answer your questions. Just post any questions you have on my #askshaflive videos which can be found on my TH-cam channel. I will do my best to answer them in a future video here's a link to this weeks #askshaflive please leave any comments or questions there. th-cam.com/video/wOOz4oD6z9c/w-d-xo.html
I was thinking on buying parking slots and single garages because I don't need to pay council tax and other fees. This could be rented and some of them actually increase in value. Any thoughts Shaf? Thank you
I have heard of people doing this - guess it’ll depend on the ROI and what the demand and local plans (are other parking facilities being built)! If you can get a site with potential development so you can apply for planning at the same time, quids in!
Excellent bits of advice the one that stood out for me was use a specialist solicitor, I have used local solicitors and find it hugely frustrating Thanks you Shaf
hi shaf. i ready own a house in my own name and looking to buy another buy to let and start ltd company. is there anyway i can add my other house to my ltd company or would i have to buy it in the company for it to be classed in my ltd company portfolio
Check out property118 - it has LOTs of info about this depending on the scenarios! Most commonly, it won’t be tax efficient to move into a company but there may be other tax efficient structures you could look at! All the best!
Shaf you are quite correct £10k is not enough. The lowest purchase price/property value of a BTL purchase is £46,667 which requires a deposit of £11666, stamp duty of £1400 and legals of say £700. Great videos please continue the commercial property content on the #getrealestate series. Also I’m actively looking to work for small/micro developers in the north east if you know of any who could benefit from an on site mortgage presence.
Great video! I have a question: I own a Forest Hill property which I have a residential mortgage on (I have paid back 75% of it, but still owe 25%) - I would like to rent it out and buy a new property in Blackheath which I would live in as I don't like living in Forest Hill. My accountant feels that since I bought the Forest Hill property outside of a limited company it isn't worth moving it into a limited company now. What are your thoughts? I plan to buy more property in the future (maybe in a year's time) to rent out so do I move the Forest Hill property into a limited company now or wait until I buy more properties to rent out? Final point - I already have a limited company for consultancy work so this would mean having two limited companies.
Hi Shaf, I am a 15 year old young entrepreneur and I am wondering what type of business you would go into today if you had to start from scratch again and how did you get your business to grow and also how did you get more customers attracted to your business when you started. How much did you start your E-Net business with.
Hi, love the channel. Watching and learning. I am currently living in a 2 bed Bungalow. It was valued at 200k. I am mortgage free on that property this coming September. It's my only property owned. I have savings of 40k. Going foward I had the idea of buying a property in need of total light refurbishment, maybe a small extension also. I also don't mind living in while i do so and getting involved. But what are my best options do sell my current place? or rent it? Thanks
Hi Shaf, Great Stuff in helping all of us giving your expert views. You said in one of the previous Episodes that you would stick to the areas you know about when you enter property business. Living in London for me to start a portfolio of 100k House is impossible, I am forced to look up north. What would you suggest in this situation and how can I find a way to study about a particular town /Area before I start investing outside the city I live in."
Hi Shaf, I want to know which is a better option, when buying a property buy to let , I initially plan to buy a property which is priced down in a good area and renovate it to increase its value and rent it out, and eventually leverage by re financing. But when I take Buy to let mortgage in the beginning, should I be doing interest only repayments or full repayments. Which is the better option.
Hello shaf, thank you for the videos big fan. My question is that say you have ideas for starting a tech company based around an idea but don't have the tech know how yourself, what would be the best way to find a partner with this knowledge for a share of the business?
Hey Shaf, I was hoping you may be able to elaborate a little further on the advice you gave in episode 4 about retaining the Cash Tax Free from a sale of a property? I didn't know this was even possible. Also what advice would you give to a beginner like me when buying a Buy to Let Portfolio? I’m in my late 20's and my dream has always been to get into property investing. I’m already a home owner with a mortgage and have enough savings to put down a deposit on another property. I have family that own a business so do you think it will be best for me to get into Commercial or Residential? Any advice would be much appreciated. P.S, Great content as always, Hope Ramadan is going well for you and your family. Thanks!
Thank you for all of your videos! Packed with value bombs! I'll ask the same question: what your thoughts on bridging finance? Is that even a thing? I have u ever consider it? How does exactly works? Thanks Shaf!
hi shaf I am interested into entrapreneurship and spend alot of time looking into it but i am 17 and do not have any industry experience,i am going to univeristy next year and have chosen computer science,which industry do you think is good to go in the future for my generation and what advice would you give to make the most of my time and also what industries would you look at if you was similar age secondly i am intersted in your videos in property but alot of people seem to also want todo it,is it saturated or will be in the future compared to when you started it and what ways would you use property to make a diffrence thirdly how can i network with entrapreneurs or gain experience,are there any opputunities you are offfering or anything to look for in the future.
Shaf, you have mentioned that new build flats are first to take the hit during a recession, what is your view of investing in them when valued low and keeping for few years?
Hi Shaf, currently looking at apartments circa £60-70K based North West England. One particular apartment is £65K but two apartments in the same block had sold for £49K back in 2018 in similar condition. Would it be rude to offer £49K as it's such a substantial drop in price as I don't want to offend the agent or the seller? I am a cash buyer no mortgage at all and the apartment is vacant.
You don’t lose anything for trying! The agent will understand so I’d suggest having a friendly chat. You never know the same agent may have even sold those flats and have insider info!
Shaf - Firstly great video mate. Very educational and great amazing take-a-ways. (Josh - As per Shaf's shout out) - If there is anything you need, please reach out. Thanks again Shaf.
Thank You Shaf. I will have a look on solicitor which you recommended when will decide to buy in. Do You know good surveyor in Dundee area to get structural survey of residential building?
Hi Shaf , Really amazing to watch you have so Much knowledge , My question Is as a toy wholesaler company renting a warehouse in Scotland what advise would you give me during this pandemic as getting my landlord to give me a rent relief or rates relief ? Thanks i n advance
Youre a legend Shaf! I am looking to get on the property ladder soon. My aim is to live there for a few years, and then rent it out down the line Should I put the property in my name? Or form a limited company and put the property in that?
It depends how you are going to buy the property (cash, mortgage), how long you’re going to live in it and keep it and your earnings now and in future. I’d suggest speaking to a property tax accountant who can advise you. Also, company mortgage interest rates can be double those in your own name and the accountancy costs will be higher than in your own name! It may be beneficial to sell for SDLT and CGT purposes. All the best.
Shaf, can you interview key professionals or key business contacts you have in your network over Zoom and post on TH-cam!? I'm sure your followers will love it!!
Shaf can you do a video about property deals where you exchange contracts with delayed completionn particularly when you want to refurb a house. thanks
Q1) What’s the best way to sell an idea? 0:50
Q2) Is the rent a room scheme useful? 1:52
Q3) What first steps do I need to take to renovate a property? 2:18
Q4) Do you have experience with council planning permission? 3:07
Q5) I’m looking to buy my first property, do you have any tips? 4:16
Q6)Do you prefer to invest in properties for capital gains or increase value? 5:13
Q7) Do you have any experience with NDAs? 6:18
Q8) How do I know if I’ll be able to find tenants? 7:10
Q9) How do you deal with addition requirements for a ghost kitchen? 9:34
Q10) What percentage should you should for capital vs leverage? 10:19
Q11) How can you calculate cost and product margin? 10:31
Q12) I’d like to buy a property after the pandemic, any advice? 11:07
Q13) Can I release equity from the mortgage? 11:42
Q14) How risky is it to start a property portfolio? 12:18
Q15) Should I buy during a recession? 13:25
Q16) Shaf, is mentoring available from you? 14:07
Q17) Can you set up a ghost kitchen on a small scale? 14:30
Q18) Why do so many property moguls sell courses? 15:12
Q19) Do you know of any property entrepreneurs who’ve done deals using banks? 15:32
Q20) What do I need to get a commercial mortgage? 16:58
Q21) What property ventures haven’t gone the way you’d hoped? 17:54
Q22) How can you find a good solicitor? 18:39
Q23) Do I earn enough money to start investing in property? 19:21
Q24) Do I have a solid plan as a beginner? 19:55
Q25) Have you ever converted offices to residential? 21:08
Q26) What do you think about the Dundee residential market? 21:32
Q27) Am I liable for a tenant’s debt? 22:45
Q28) Is now a good time to be a landlord? 23:21
Q29) How do I go about starting a recruitment agency? 24:26
Q30) If a recession hits and I already have a mortgage, will I be ok? 24:45
Q31) What’s the best method to buy a property with a friend? 26:07
Q32) Is £10k enough for a deposit on some flats? 27:24
Q33) Should I get an accountant full time? 28:08
Q34) Should I buy residential through an LTD? 28:43
Q35) Would you release equity for a long-term tenant? 29:19
Q36) Do you use more equity in a strong market? 29:28
Q37) Would you recommend a residential mortgage? 29:40
Q38) How can I make good money on a side hustle? 29:57
Q39) What is the best LTV amount that’s safe? 30:46
Q40) What do you think about Dan Pena? 31:09
Q41) I’m looking to move workshop premises, do you have any tips? 31:31
Q42) What’s a good return on a rental property? 32:32
Q43) Can you do a video on how to start a real-estate investment fund? 32:55
Q44) How would you start out with £20,000? 33:14
Q45) What banks will provide pre-approved facilities to let you buy from auctions? 33:54
You're a Legend Shaf!
Always providing amazing knowledge and advice.
Thank you Brother!
My pleasure
Hi Shaf,
You mentioned that there will be no capital gain tax on a property if you choose to live in it.
This is only the case if you have lived in the property for atleast 2 years.
However, you have a capital gain allowance of £12,700 per year. £25,400 if in the name of you and a spouse.
If you have bought properties and sold within the two years you are taxed at the same rate as income tax at 20%, and if it is deemed employment you may also have to pay 9% national insurance on top of that.
Great Contents, straight to the point, no BS, Shaf you are among those few Real Estate investors who actually provide amazing value. Congratulations to the audience for asking some challenging questions! Greetings from Montreal, Canada. 💥🎉👍
Thank you so much for the kind words 🙏
Hi Shaf, question for your Q&A videos. As interest rates are so low, where would you be looking to invest circa £30k (at low to medium risk) if you didn’t need to access it for 3 to 5 years? Would you wait to see the scale of the recession, or are you able to suggest assets or markets to research?
On the question of solicitors; If you find a good one hang on to them with both hands. I have been appalled by the standard of UK solicitors in the property deals I've been doing there. I have found one that is responsive and proactive. She's not the cheapest but worth every penny.
Agree with you 💯 percent
Hi Shaf, can you recommend some books related to commercial property investment?
Hi Shaf, i remember you saying that getting into commercial property was difficult. I currently rent a couple of BTL properties. What would you recommend for me to get into commercial property? #askshaf
Hi shaf I am looking at buying a commercial property and converting it into 7 flats. The property is £100k to buy and £80k to £100k to develop. I’ve got experience of several residential renovations but this would be my first multi unit conversion. Could you advice the best way to finance it and what else should I be aware of before starting the project
Thanks
great content as always ... particularly about the RCF - perhaps you could do a video going into more detail on this - this is aspirational for most investors - but understanding more about the track record that they need to build in order to be taken seriously by RCF providers will be highly motivating and give people an insight into how to establish good process, an MO, a sound business plan etc.
Brillaint content Shaf! What's the best leverage to use when investing in London? On average a 1 bed flat at £350k could rent for £1200 with a repayment mortgage, expenses and taxes my maths results in only about £200 cash flow with a 30% deposit. How can you build wealth with just £200 a month even if you invested in more properties? The cash flow is very low. Any advice would be great, thank you!
Another informative session. Could you please share with me the NDA template. Thanks Shaf in advance.
Brilliant channel ! Keep up the good work Shaf . Very important for inexperienced property investors to take note of what this guy is saying . I’ve been investing in property for some 20+ years and concentrate on my area learning a lot along the way and still learning.I know from experience that what Shaf is says is honest , and experienced advice . There is no get quick rich route in property like so many of these gurus suggest . Good luck to everyone .
Much appreciated
When you have £X,000 and you want to get the most out of your investment it can be tempting to make it stretch as far as possible by overleveraging - be realistic, if a tenant stops paying and it takes you 3 months to get them out and they trashed the place, do you have the capital reserves and cashflow? Trust me, landlords will vouch for this - things like boilers don't break one at a time, they break in 2s or 3s its just sods law.
Also RE: sell, rent or live in it - why not live in it (after so much time you can sell it and pay 0% capital gains) and meanwhile REFINANCE it to release some cash for the next deal.
Also Shaf, can you consider adding time stamps
Shaf you legend, truly can’t thank u enough for the succinct yet invaluable tips! Will cut to the chase I’m looking to buy a residential property in the next 6 months that I can add value to it (2 bedroom, rundown, desperate seller, can get planning permission for 2 more bedrooms) at around £380k in London (I think I can get that). Got friends in renovations so that’s a jackpot. We’re two trusted friends, have £50k cash in total for a joint mortgage, will live in until we get it done in a year or two, remortgage and go from there. Personally work full time and make £38k/year.
Does that sound crazy? Any tips will be in stones for us. Cheers!
Hi Shaf, Amazing property and financial content - thank you.
I am a property surveyor (of 10+ years) and I want to development and learn more about property investment, (as you have previously mentioned) it's extremely difficult to identify genuine training - its a minefield, especially since currently everything is only online. Other than financial checks on a training company, what other due-diligence can be done? Do you have any advice/recommendations on where to learn more about property investment planning and strategy (other than books)?
Thank you. Chris. #askshaflive
Shaf what is the best location to buy a residential property in Scotland during the next 2 to 3 years?
Glasgow, Edinburgh, Aberdeen, Dundee, Iverness or even some other smaller town in Scotland?
Hi Shaf. I’ve just bought my own property as a first time buyer to live in after having saved a decent pot of money. Of this pot I now have 5k left and have been spending lockdown educating myself on property investment which has led to me finding a fantastic BTL opportunity which should cost an initial investment of around 18k (deposit/legals etc). Any ideas how I could raise the extra cash? My credit score isn’t great now due to me just taking out this new mortgage within last 5 months so I could struggle for a loan. Thanks in advance👍🏻
Hi Shaf,
Great Videos.
Im about to buy a piece of land to run an agricultural business from.
Should I buy it in my own name, and rent it to the agri limited company?
Or buy it as the agri limited company?
Or buy it as a different limited company, and rent it back to my agricultural one?
I'm unsure as to which way will provide me the best tax options.
Many Thanks
Hi Shaf, I'm a new subscriber, but have already found your videos to be very insightful. Question: I am currently renovating an old four bedroom house (passed down, free hold). However I am unsure weather to rent it out or air b&b/ holiday home. The house is located in a rural area, so it wouldn't have the city 'business appeal'. Also I am apprehensive about asking advice from an air b&b like management company as all they want is my money, so will tell me that it would work great as an air b&b...
Thanks.
Shaf, I see you done a video on Samuel Leeds, would you consider looking into some of the other prominent property gurus such as Paul McFadden, Kevin Wright, Touchstone Education. Would be good to get a review on these. I'm sure loads of people are watching their content and attending their courses as well.
Recently came across your series and absolutely loving it! Thanks for the solid advice
Do you know a reliable estate agent who can give me solid advice on where to purchase a buy-to-let property budget of =-£200k in an area with great capital appreciation and high rental demand?
Thanks so much
Do you have any ideas on how to reduce my tax by living abroad? I made 180k profit before tax in my company last year. Is there any arrangement where I can live abroad and pay myself the profits as a salary and reduce my total taxes? I wouldn't mind using the amount that would have otherwise been spent paying CT and using it to live abroad since the business doesn't require my day to day involvement anyways. I know a lot of american entrepreneurs are living in Puerto Rico for the tax benefits. Any ideas?
Hi Shaf,
I am looking to do a one or two flips to build some capital.
I am looking at properties around the 150k mark but only have 100k capital.
I have spoken to brokers which have told me that the best method is to use bridging finance.
I dont want to put all of my cash into the deal but also dont want to loan too much due to the high interest.
What LTV would you recommend here baring in mind it is my first deal?
I have done lots of DD on it and am confident that it will make a good profit after refurb. Thanks!
Shaf I have a question. You suggest buying property on a Ltd. But what happens if I am a cash buyer and buy it through a Ltd and want to sell it? Would I be able to pull out all my money with my profit or will I have to pay the government. Thanks Shaf.
Hi Shaf
Really big fan and love the value you are giving
Question. I have a connivence store in the west of Scotland doing 2 million turnover per year. Where should I invest my profits, buy another store or buy residential properties or buy commercial properties.
Thanks for the advice!
Hi Shaf. You shared that you use duedil.com to estimate the credibility of a company before doing any business with it. Do you know a useful website to analyse the areas for residential property investments? I found globalpropertyguide.com but thats more of a blog, than a tool. Thanks in advance! Stay safe.
Hi Shaf, Like your content but with ref to the recrutiment agency question: if someone asks me if they should start a business, I always advise them to work in that business for someone else for at least a year, to really see if they are cut out for it. Many people have an idea of what a business is like, but sometimes they are only seeing 30% or 50% of the day to day business. Only by working in it, will they see the full picture. It cost a lot to set-up a business only to discover it's not for you. Working for someone else is a cheap way to research/fail. They can then go on and look for something else with there capitol intact. I know the idea that entrepreneur learn from their mistakes, but it is cheaper to learn from avoidable mistakes.
Hi Shaf, can you do a video about the future?
In 5 years time when rates go up to 5%+ what will this mean.
How to work out if a borrower is over stretched?
What are the signs to look out for?
Thanks
Shaf so glad i came across your channel, I am looking at doing my first house flip through my ltd company, i have some savings but will banks allow me to draw equity out of my home to finance materials etc?
Shaf could you consider a video on how someone with an interest in going into property development but has no cash and no access to "investors" would actually fund such a project through borrowing?
I'm sure there are many who would to see a possible answer to this.
Hi Shaf. I currently have two residential properties in cash and another on a 25% mortgage. I was interested in getting involved in commercial property. You mentioned previously that you need a good rapport with surveyors, solicitors and other professionals to get funding but how will a total novice to commercial property be taken seriously enough by these professionals to satisfy a lender?
Also, what are the most common costly mistakes people make when they get into commercial property?
Thanks.
Same question from me and also how do you get the best interest rates - I’ve been quoted mortgages 7% for newbies and 5-6% more common for 75% mortgages! When/ how does this start getting cheaper?
@@kimberleymee5756 damn those are high. Is that for commercial or residential?
Really enjoying #askshaflive, another great set of questions and answers. Do you have any opportunities that you passed on but later regretted? If so, what steps have you taken to address this?
Shaf, if someone has multiple properties and they don't want to pay tax when selling can they do the following, legally. End the tenancy in the property they want to sell, move in and make it a primary residence while doing any work which needs to be done, and then sell the property with no tax and move into another one in the portfolio? Hope that makes sense cheers.
Question for Adam Pye: Is buying stock lots of branded products banned by Amazon? What I mean is if the goods are branded don't you need the brand to give you written permission to sell the items? How do you go about re-selling stock of branded products? Thank you Shaf for all you are doing!
Please I would like to have a copy of your NDA template please.
Thank you
Hi shaf, do you limit your investing to property only or do you investment in stocks/shares?
Hi Shaf I want to buy by to let property but I am not working at the moment due to a long term injury I have the deposit?
Hi Shaf please provide the NDA’s link. Thanks a lot.
I would be interested to know which lawyer you would use to get a property investment fund set up so other people can loan me money to invest.
Absolutely Cracking!
You're fantastically generous with your knowledge, with braw takin-no-shite, Embra clarity..
Thank you kindly
Whats the best landlord residential/ commercial insurance companies?
Hi Shaf, any chance of you doing an interview with Sam Zell? Thanks for the great content.
Excellent information, we came across your channel today. I am amazed to hear what you think about some of theses course as we were really close to book one. Thank fu.... we didn’t. We do have some BTL. And right now are looking at 1 now freehold £131k which would be BRR we going to use bridging finance would you recommend this ??? With £20k for refurb. And revalue would be in and around £200k mark is this good ?cheers
Bob Lockhart Thank you for watching 😉 and the feedback.
Some very useful and knowledgeable content here Shaf.... You are always providing amazing advice and you deliver it in such a simple manner to understand!! As always, your in my dua's bro, May Allah bless you :-)
So nice of you
Please can you do a video on completing business due diligence in buying a running business.
Hay shaf you need to start some kind of course, even if it's online regarding property.
I am currently buying my first 4 bedroom house off my father for £100000.
The house nextdoor to me sold for £100000 but that's a 3 bedroom
Plus my house has been valued at £110000.
I am already looking at another one to buy.
The house next door to me sold for £100
The Dark Destroyer Thank you for the suggestion but i will just stick to putting videos on youtube.
Hi Shaf,
Thanks for the advice, this has been so helpful and potentially saved me from dropping thousands of pounds down the drain to a chancer!
I am looking into moving back to the Uk from Australia and interested in purchasing a small piece of land outside of a town or city where I could build a small tiny house and live there without having a mortgage. What issues should I be aware of which may trip me up in regards to planning permission or other legalities?
Thanks in advance
Model Health Australia Thank you for the feedback 😉 If you have any property or business-related questions. I am absolutely delighted to answer your questions. Just post any questions you have on my #askshaflive videos which can be found on my TH-cam channel. I will do my best to answer them in a future video here's a link to this weeks #askshaflive please leave any comments or questions there. th-cam.com/video/wOOz4oD6z9c/w-d-xo.html
I was thinking on buying parking slots and single garages because I don't need to pay council tax and other fees. This could be rented and some of them actually increase in value. Any thoughts Shaf? Thank you
I have heard of people doing this - guess it’ll depend on the ROI and what the demand and local plans (are other parking facilities being built)! If you can get a site with potential development so you can apply for planning at the same time, quids in!
Excellent bits of advice the one that stood out for me was use a specialist solicitor, I have used local solicitors and find it hugely frustrating
Thanks you Shaf
Thanks for sharing!
Solid content as always Shaf! Could you please share the NDA template you mentioned? Thanks
T Thank you for watching 😉 i will be doing that on Thursdays video.
Great video Shad (again). Would like a copy of the NDA if possible. Let me know how we can facilitate
I will do it as part of this Thursday video
Wish Shaf would do a course.
I know he wouldn’t because he actually does business unlike some liars
Johnson Rupert Thank you for watching 😉 i will doa free one and upload it to youtube during my holidays
hi shaf. i ready own a house in my own name and looking to buy another buy to let and start ltd company. is there anyway i can add my other house to my ltd company or would i have to buy it in the company for it to be classed in my ltd company portfolio
Check out property118 - it has LOTs of info about this depending on the scenarios! Most commonly, it won’t be tax efficient to move into a company but there may be other tax efficient structures you could look at! All the best!
Shaf you are quite correct £10k is not enough. The lowest purchase price/property value of a BTL purchase is £46,667 which requires a deposit of £11666, stamp duty of £1400 and legals of say £700. Great videos please continue the commercial property content on the #getrealestate series. Also I’m actively looking to work for small/micro developers in the north east if you know of any who could benefit from an on site mortgage presence.
Hi Shaf,
What's your thoughts on buying a property with 'possessory title'?
Would you value it as less than 'absolute title'?
Cheers,
Alex
Thanks for sharing
Hi Shaf, can you point me towards the solicitor to set up the property fund please?
Srinivas Srinidhi Thank you for watching 😉 gilsongray.co.uk/our-people/murray-stewart/
Great video! I have a question: I own a Forest Hill property which I have a residential mortgage on (I have paid back 75% of it, but still owe 25%) - I would like to rent it out and buy a new property in Blackheath which I would live in as I don't like living in Forest Hill. My accountant feels that since I bought the Forest Hill property outside of a limited company it isn't worth moving it into a limited company now. What are your thoughts? I plan to buy more property in the future (maybe in a year's time) to rent out so do I move the Forest Hill property into a limited company now or wait until I buy more properties to rent out? Final point - I already have a limited company for consultancy work so this would mean having two limited companies.
Hi Shaf, I am a 15 year old young entrepreneur and I am wondering what type of business you would go into today if you had to start from scratch again and how did you get your business to grow and also how did you get more customers attracted to your business when you started. How much did you start your E-Net business with.
6:40 man disliked the comment 😂
So much covered in one video, this is gold plated advice and we are getting for free!
Ashok Bhardwaj Thank you for watching 😉 and the feedback
Where are the links you stated? I think I'm blind lol.
My comment with the links has disappeared. Let me find the links again and ill pin it! ( thanks for letting me know)
Hi Shaf, great content. Can you recommend any books on developing knowledge on commercial property.
Hi,
love the channel. Watching and learning. I am currently living in a 2 bed Bungalow. It was valued at 200k. I am mortgage free on that property this coming September. It's my only property owned. I have savings of 40k.
Going foward I had the idea of buying a property in need of total light refurbishment, maybe a small extension also. I also don't mind living in while i do so and getting involved. But what are my best options do sell my current place? or rent it?
Thanks
Hi Shaf, Great Stuff in helping all of us giving your expert views. You said in one of the previous Episodes that you would stick to the areas you know about when you enter property business. Living in London for me to start a portfolio of 100k House is impossible, I am forced to look up north. What would you suggest in this situation and how can I find a way to study about a particular town /Area before I start investing outside the city I live in."
Great video and advice, please can you send a link to the NDA
palmgolfip Thank you for watching 😉 Link : www.linkedin.com/pulse/nda-confidentiality-agreement-shaf-rasul/
Hi Shaf, I want to know which is a better option, when buying a property buy to let , I initially plan to buy a property which is priced down in a good area and renovate it to increase its value and rent it out, and eventually leverage by re financing. But when I take Buy to let mortgage in the beginning, should I be doing interest only repayments or full repayments. Which is the better option.
Hello shaf, thank you for the videos big fan. My question is that say you have ideas for starting a tech company based around an idea but don't have the tech know how yourself, what would be the best way to find a partner with this knowledge for a share of the business?
Shaf, where is the link you mentioned on RBS??? Thanks You :-)
www.financierworldwide.com/rbs-sells-25bn-worth-of-loans-to-cerberus#.XrqGw2hKiUk
w🤯w, that was fast... Thank-You 🙏 #KeepGoing Great Channel👌
Hey Shaf, I was hoping you may be able to elaborate a little further on the advice you gave in episode 4 about retaining the Cash Tax Free from a sale of a property?
I didn't know this was even possible.
Also what advice would you give to a beginner like me when buying a Buy to Let Portfolio?
I’m in my late 20's and my dream has always been to get into property investing. I’m already a home owner with a mortgage and have enough savings to put down a deposit on another property. I have family that own a business so do you think it will be best for me to get into Commercial or Residential?
Any advice would be much appreciated.
P.S, Great content as always, Hope Ramadan is going well for you and your family.
Thanks!
Yes please Shaf, can you do a template on a NDA?
Cherelle :D Thank you for watching 😉 The link is on episode 7
Is it possible to have the nda you spoke about please shaf, thanks
No problems I will get it uploaded to some webspace
Inspire me everytime I watch one of your videos
🙏
Thank you for all of your videos! Packed with value bombs! I'll ask the same question: what your thoughts on bridging finance? Is that even a thing? I have u ever consider it? How does exactly works?
Thanks Shaf!
hi shaf I am interested into entrapreneurship and spend alot of time looking into it but i am 17 and do not have any industry experience,i am going to univeristy next year and have chosen computer science,which industry do you think is good to go in the future for my generation and what advice would you give to make the most of my time and also what industries would you look at if you was similar age
secondly i am intersted in your videos in property but alot of people seem to also want todo it,is it saturated or will be in the future compared to when you started it and what ways would you use property to make a diffrence
thirdly how can i network with entrapreneurs or gain experience,are there any opputunities you are offfering or anything to look for in the future.
Shaf, you have mentioned that new build flats are first to take the hit during a recession, what is your view of investing in them when valued low and keeping for few years?
Fantastic videos once more Shaf.
More to come!
Thanks Shaf
Hi Shaf, currently looking at apartments circa £60-70K based North West England. One particular apartment is £65K but two apartments in the same block had sold for £49K back in 2018 in similar condition. Would it be rude to offer £49K as it's such a substantial drop in price as I don't want to offend the agent or the seller? I am a cash buyer no mortgage at all and the apartment is vacant.
You don’t lose anything for trying! The agent will understand so I’d suggest having a friendly chat. You never know the same agent may have even sold those flats and have insider info!
Thanks for the answer Shaf, you are the man.
Thank you for the question!
Shaf - Firstly great video mate. Very educational and great amazing take-a-ways. (Josh - As per Shaf's shout out) - If there is anything you need, please reach out. Thanks again Shaf.
Great suggestion!
Thank You Shaf. I will have a look on solicitor which you recommended when will decide to buy in. Do You know good surveyor in Dundee area to get structural survey of residential building?
Loving the videos Shaf especially the exposure of Samual Leeds... Would be really interested in the NDA template if it’s still available.
Will do
Hi Shaf , Really amazing to watch you have so Much knowledge , My question Is as a toy wholesaler company renting a warehouse in Scotland what advise would you give me during this pandemic as getting my landlord to give me a rent relief or rates relief ? Thanks i
n advance
Lowest point in your career in property ? Did you ever doubt yourself
Please put the NDA up for us Shaf.
Will do it on Thursday video 👍🏽
Hi Shahf great video, My question; for buy to let and hmo mortgages is best to use capital repayment or interest only?
Thanks
I’m answering a very similar question to this on This Thursdays 21/ May #askshaflive be sure to check it out!
Negative rates are coming...
Darren Munro Thank you for the feedback
Youre a legend Shaf!
I am looking to get on the property ladder soon. My aim is to live there for a few years, and then rent it out down the line
Should I put the property in my name? Or form a limited company and put the property in that?
It depends how you are going to buy the property (cash, mortgage), how long you’re going to live in it and keep it and your earnings now and in future. I’d suggest speaking to a property tax accountant who can advise you. Also, company mortgage interest rates can be double those in your own name and the accountancy costs will be higher than in your own name! It may be beneficial to sell for SDLT and CGT purposes. All the best.
Shaf, can you interview key professionals or key business contacts you have in your network over Zoom and post on TH-cam!? I'm sure your followers will love it!!
Yes I can
What's "ltv"? Is it lease to value?
Loan to value I.e. value of loan (mortgage) divided by value of the property.
Shaf can you do a video about property deals where you exchange contracts with delayed completionn particularly when you want to refurb a house.
thanks
Great idea
Bloody great video Shaf, Thank you. Can you give Adam Pye a High F asive for me their auctions have made me a few quid over the years!
Will do
Another captivating video Shaf. Some really good learning to be had. Apologies for interrupting the VLOG 24 mins in 🤭😊
No worries
Hey Shaf,
How did the businesses from Dragons den go have you made any money on them?
Great thanks!👏👏😊
🙏 New #askshaflive on thursday and I have a surprise guest .
Great Content TFS🌸
You are so welcome
Hi Shaf, A good NDA template would be helpful. Thanks,
I’ll do it this Thursday 21 may
👍
Carl Fielding Thanks-for your continued support. Its very much appreciated,
Love your Q & As
kateeardley Thank you for watching 😉
Another cracking video I'll take you up on the offer for the NDA template thanks.
I’ll do it as part of Thursdays video