#AskShafLive

[@ShafRasulWealth]

Timestamps : 0:31 Who are you, what do you do and what does your firm do? 1:06 How big is you firm (RSM)? 1:45 What do you think will happen in terms of insolvency and administration in the next couple of years? 3:07 How do my viewers acquire bankrupt property and businesses? 7:32 How do my viewers get onto your list of preferred buyers for property businesses or assets? 10:36 what is the vetting process for potential purchasers of Businesses or Property. 11:36 What are the pitfalls a purchaser has when purchasing from an insolvency sale? 13:02 Can you explain the concept of sold as seen? 13:45 What is the situation with staff if you acquire a business? 14:45 What is the situation if the business you want to acquire has a lease for a property? 16:00 What type of a legal team would be required when acquiring a business? 17:34 Do you consider a purchaser’s team when accepting an offer for a business? 18:52 Can you explain a landlord’s hypothec? 21:45 Can you explain the position in England when it comes to Landlord’s Hypothec? 22:09 Can you critically appraise my strategy for dealing with Liquidators and administrators? 23:20 What are the pitfalls of buying a business before it goes into administration? 25:40 Can you run through a couple of property administrations you have done? 29:30 What 5 pointers can you give my viewers so they can get to the front of the queue when it comes to buying property from administrators?

[@PhilippeStemberger]

If you start with a "0:00" timestamp and put them all in the description, it will create chapter directly in the video :) Super useful content otherwise, thanks for sharing with us

[@ShafRasulWealth]

Philippe Stemberger Thank you for the heads up i will do that now.

[@TheAnxiousInvestor]

timestamps have been really helpful here jus as these videos are too.Thanks Shaf and Paul. You need a podcast Shaf - just to add more workload haha

[@razwanali9662]

Another excellent video into the world of insolvency and how to access potential opportunities. Your guests have been of the highest caliber Shaf! Truly experts in their field. Thank you for continuing to provide such superb free educational videos!

[@ShafRasulWealth]

Wow, thank you!

[@markkeane153]

Superb. Fantastic to have this opportunity to learn Paul Dounis and you regarding administration and restructuring. Enjoying these explorations into areas that I had not considered. Thank you!

[@ShafRasulWealth]

Glad you enjoyed it

[@markkeane153]

Shaf Rasul Absolutely, thank you 🙏

[@taka.m.]

Coming out of the recession with your head above the water requires that you “ keep your head when all about you are losing theirs”, in the words of Rudyard Kipling. This is one of the best videos you’ve done Shaf!

[@ShafRasulWealth]

Well said!

[@malharpatel8260]

Hi Shaf and Paul Thank you very much for the information advice. I enjoyed listining ... Thanks again

[@ShafRasulWealth]

Glad you enjoyed it

[@DIPU1036]

Hey Shaf, you promised me this video and you delivered!! Main man!!

[@ShafRasulWealth]

Dipak Rajgor Thank you.I promised you guys a few others. I will do them all. Might take me a few weeks as I'm back at work now. Rest assured they will be all worth the wait.

[@adamswaidan3145]

Can't thank you enough for the real value your videos and content are bringing! Becoming a religious follower of your channel here

[@ShafRasulWealth]

Adam S Thank you

[@graemeh2028]

Enjoy vids. Particularly case studies. Thanks Shaf.!

[@annrrf1464]

Shaf thank you very much for your highly informative videos. I have £25,000 in savings. I wanted to buy a property but I dont earn enough. I am not very business savvy but I would like to invest the money somehow. Do you have any suggestions? I also dont know the first thing about investing in stocks and shares. Any guidance would be highly appreciated.

[@icegrendel1]

Cheers Shaf. That video explains a lot of what was going on in the business I work for. It suddenly got sold and new owner is holding the purse tight. The writing was on the wall if we knew what to look for.

[@jonathana9252]

Question. I’m currently renovating my first house and am actively looking for the next project. I’ve found a small piece of land local to me that would suit residential development, it's a small part of a much larger agricultural field. I’ve used the land registry to find the title deeds, the Registered Owner is care of a large solicitor. How would you go about contacting them and potentially making an offer the buy the plot? Thanks for the videos. They are hugely appreciated!!

[@smooth7689]

Excellent video, the quality of the information on this channel is outstanding.

[@ShafRasulWealth]

🙏

[@abthetraveller]

Hi Shaf! Very useful video as always👍🏻. I live in Hertfordshire/Bedfordshire and as you know freehold property (2 bed, 3 bed houses) are at least £300,000. I have about £35,000 to invest. I want to try and buy my residential property and do BRR(R) and get a BTL property too. I want to do this to try and stretch my money as far as possible. Do you think this is achievable? Or should I look at investing in a cheaper part of the country?

[@williamho2940]

So in way over-simplified terms, it's like buying from a liquidation sale. Check the item, try to, if possible identify wear and tear, and negotiate for further discount. And bear in mind that item is basically non-refundable. (Or buying a product with all warranties stripped away, no exchange, no refund once out the door)

[@ShafRasulWealth]

That’s a good way of putting it. I will do a case study of a couple of deals when I have time

[@williamho2940]

@@ShafRasulWealth I think your videos have taught me far more than my current finance course... (On a personal note: I find myself trusting your videos far more than I expect, if only because it's absolutely crystal clear that these videos are not your income stream. This seems more like one of your ways of public service/outreach.)

[@hamzayusuf9206]

hey shaf got a few questions for next ask shaf If you was 18 in this current pandemic what trading business would you start? how long did it take to reach your first 100k profit,and how would you do it in todays times using an online/trading business what do you think of the franchise model and are there any you would reccommend/would be great if you get a successful franchisee owner on.

[@Burning_desire22]

Hi Shaf i seriously think investing in property right now is like investment suicide. I think theres lots of jobs to be lost and a deep recession yet to come and we havent seen any impact in the economy yet other than businesses who have suffered. Therefore i believe prices will reduce significantly 12-24 months. Do you agree its best to wait? I know furus like Samuel are always encouraging you to invest

[@chrisorourke2707]

Hi Shaf, great video. You have answered my questions before on an #Ask Shaf (thanks for that) and since watching your videos I have used G&S and have been speaking to Gilson Gray. Both have been a good experience and they are very professional. My question relates to proof of funding and if possible, it would be good to see a video on securing finance and liaising with Brokers, how the deals are worked out and what options are available for Residential & Commercial units. What’s deemed an acceptable interest rate based on the purchase prices/ yields of the properties you have purchased previously. Just an idea 😊 Do you have any Brokers you can recommend? Looking forward to the next video.

[@jasonpalmer4344]

Will be interesting to see what happens if people move out of london to work from home.

[@gswiftgs23]

Sounds like need a crap load of £ to start off with . Super Saturday equates to super Monday for the ftse 100 . Was big crash last month everything still cheap

[@murdo20]

Thanks Shaf, given me lots of things to go learn about it more detail!

[@ShafRasulWealth]

🙏

[@jasonpalmer4344]

Friend of mine tried to be a property developer, he lost everything and some friends and family lost money. I never invested.. lol

[@RR-jj1ee]

When will you do the video about doing due diligence on buying a business? 👊

[@ShafRasulWealth]

R R I'm super busy at work at the moment. It's on my to do list! Will do it when I get some time.

[@RR-jj1ee]

@@ShafRasulWealth thanks Shaf. Hope you are busy doing some great deals!

[@stephenlaverty6266]

Really good stuff, very interesting, it would be interesting to put a toe in the water with this.....every day's a school day with Shaf.

[@ShafRasulWealth]

I will do some more case study’s about purchasing from an administrator. When I have some spare time

[@jontennantcom]

Hey Shaf, just wondering when're you're going to do another video about SL

[@ShafRasulWealth]

Patience is a virtue....

[@faizanislam2216]

Great Video!!!!!!!

[@ShafRasulWealth]

Glad you enjoyed it

[@Laser2120]

Enjoyed that very interesting

[@ShafRasulWealth]

Glad you enjoyed it

[@gosskamperis2016]

Informative and useful

[@ShafRasulWealth]

🙏

[@fardjan2928]

Any reason why Samuel deleted the video accusing you of certain crimes without explaining the full picture?

[@hudson7354]

He got petrified. He’s taking on Shaf. Would you ? He’s totally out of his debth

[@jakewilliams5018]

Had a privacy strike against it

[@xkmto]

​ @Johnson Rupert or shaf just put a strike on the video lmfao

[@jasonpalmer4344]

Article in todays ft indicates lots of distressed assets will becoming on the market, lucky the uk has people like you to turn them into profit and convert to where demand is. You will be a busy man.

[@md.hakimhossain6444]

vere nice

[@gm2407]

@9:55

[@carlfielding2082]

👍

[@ShafRasulWealth]

🙏