#AskShafLive

[@ShafRasulWealth]

Q1) Do you make any revenue from this KZbin channel? 1:04 Q2) Can you get Mike Winnet on and talk about Furus? 4:08 Q3) Do you invest in both property and stocks/shares? 4:28 Q4) Should I buy another property in Dubai? 5:24 Q5) To secure a property, should you buy in cash or get a mortgage? 6:19 Q6) How can you reduce overpayment charges when selling a property? 7:08 Q7) Do you pay capital gains tax if you sell two properties separately? 7:17 Q8) What is your opinion on Assisted Home Sales? 8:27 Q9) Can you repeat a process of selling properties to get tax-free benefits? 9:41 Q10) Is there a minimum length you must stay in a property for it to be private residence? 10:40 Q11) Can this be done through an LTD? 11:25 Q12) How do I make the first step for commercial property in my area? 11:44 Q13) Do you know any commercial property agents in South Wales? 12:51 Q14) How can I make higher returns? 13:03 Q15) How can I conduct market research? 15:05 Q16) Which asset class should I delve into? 15:56 Q17) How do I use a trading name? 16:35 Q18) What is a useful website to do due diligence for residential property? 17:26 Q19) What’s your opinion on the BRR strategy? 18:02 Q20) Is this a good option for someone just getting started? 18:56 Q21) What are the alternatives to learning from property furus? 19:12 Q22) Is it wise to take out a secure loan right now? 19:36 Q23) When financing buy to let, should you get an interest only or capital mortgage? 21:12 Q24) What due diligence do you do when buying? 21:52 Q25) I’m in residential property, how can I get into commercial? 22:36 Q26) Who is Adam Pye? 25:51 Q27) What steps can you take to make sure something is a good buy? 29:31 Q28) At what point do you need a HR manager? 40:37 Q29) Would you advise capital or interest only mortgages for an investor? 42:05 Q30) Is commercial property to make money? 44:17 Q31) I’m starting a trading business, is it worth the hustle? 47:02 Q32) Is it better to price high, or price low and increase? 50:44 Q33) I don’t have enough for a deposit because of increased LTVs , what can I do? 53:44 Q34) Do I need to buy a course to sell online? 57:11 Q35) Am I better renting my property out or putting it on Airbnb? 59:50 Q36) What are the most common mistakes people make in commercial property? 1:02:10 Q37) Can you get an expert Scottish property lawyer on to talk about strategies? 1:05:54 Q38) Can I make my property a private residence to avoid tax? 1:07:15 Q39) What mentoring programmes would you recommend? 1:07:58 Q40) How can I start in property with no prior experience? 1:10:21 Ebay research tool : pages.ebay.com/seller-center/listing-and-marketing/terapeak.html Amazon Research Tool : www.junglescout.com/ Industrial Unit Let within 1 week :www.linkedin.com/posts/falconer-property-consultants_industrial-unit-let-within-one-week-of-marketing-activity-6661569714696835072-so4-

[@markkeane153]

Shaf Rasul Great resources, thank you for sharing🙏

[@lokesh1359]

Hi Shaf, Great content, keep up the good work. My question to you is, how do I find best people. I.e property solicitor, accountants with good knowledge on property, good builders, etc. I’m really struggling with it. Any tips pls...

[@nathanielshaw5460]

Hi Shaf, I've been watching your videos now for a few weeks and the content you provide is very informative. I think what I like most is your honest and straightforward approach. This time 12 months ago, I was about to go to a Samuel Leeds crash course, however after some due diligence (and a few words from the missus) I came to find out the "get rich quick" schemes these people advertise are far from true. Alongside yourself, I also listen to Rob & Rob from Property Hub (a great podcast which I would recommend for yourself and your viewers). Thank you for taking time to make videos like this. Keep up the excellent work and I will look forward to your upcoming videos and the #AskShafLive

[@dm.mortgage]

Love your videos Shaf! Very interesting and entertaining, keep it up 😊

[@ShafRasulWealth]

Nicola M Thank you for watching 😉

[@markkeane153]

Brilliant Shaf, I really enjoyed today's #askshaflive with Adam Pye and learned a lot in the process. Fantastic to see your content evolve over time with great guests, questions and answers. Have you decided how, when and to whom you will allocate the 20 lots of £200.00?

[@bradmelfi2429]

Hi Shaf can’t thank you enough for the content you are putting out. My question for your next Q&A is for those interested in getting into property (both residential/commercial), where you mention in your videos to contact a surveyor on questions that some people have, would it be worthwhile in your opinion to spend time studying the RICS profession in some form and if yes what resources would you recommend from the RICS website (perhaps better directed to a RICS member, although I know some of you previous guests have been) for this eg: the data products they offer on the market/schedule of rates and Isurv packages. For me, studying accountancy in my work has been very beneficial to my understanding and I wonder if this extra reading/researching of RICS would be worth my time or if it would just be easier and more cost effective to simply hire a surveyor as you mention. Once again thank you for all the content you are kindly sharing with the community

[@dougiemcgurty1137]

Hi Shaf, could you outline/give an example of the CGT liability when selling a property that is held within a limited company structure (and how this is more tax efficient than just keeping the property in your own name) please? In the past, landlords would just ‘move in’ to their property a few months before selling it to eliminate the CGT liability. Under a limited company structure this would not be possible. Im curious to hear your thoughts surrounding this subject. Videos are awesome, thanks

[@lorrainemansfield8830]

When you say you get offered properties all the time through agents and you turn them down this is what happens then what is left stuff just not worth doing! The only thing i can think anything on for a while everyone has turned it down. What advice would you give to stay motivated with thus mindset?

[@gswiftgs23]

btw im now sole vip agent for a overseas ppe manufacturer , if u need any , good discounts on quantity . Told u buy oil at $11 some weeks ago , maybe 60 trades buy and sell 400+ % and we only half way . Hope you bought some was best short term investment during lockdown

[@gswiftgs23]

The time you have to spend with us is the most valuable kind of time . My free time , no one can afford to buy it , is none replaceable . Whether I decide to or not has been an interesting insight into your mind .

[@gswiftgs23]

Tourism is on its knees , airlines are laying off , manufacturers are laying off , many are still furloughed . The effect of the economic slow down is not yet showing in property prices . Unemployment at record highs right now . Rebound will be faster than previous downturns . Oil just clinging to $35 purely as producers have reduced production. So when economy starts to recover oil prices will explode upwards , might even hit peak oil again once oil hits $160s then another 2008 starts .

[@Shoted0x0]

By far one of the best, helpful and informative vids so far Shaf. Keep em coming!

[@ShafRasulWealth]

🙏

[@theguru5423]

Hey Shaf ..It's a free £200 and buy one of Samuel leeds products and i will be financially free in just 7 days. So a no money down deal, sort of a lease option agreement, and im going to do a BRRR ( Borrow,Reinvest,Repeat, Reward) :-)

[@dougiemcgurty1137]

Hi Shaf, could you discuss lending strategies in relation to BTL in future videos please? Traditional banks and building societies tend to have specific lending criteria’s (£25k minimum salary etc). This can be problematic if self-employed or in other areas of employment like a LTD company director where salary is dampened (to give certain tax benefits) then propped up with dividends. Thank you

[@stuartsgp]

Hi Shaf. I am new to property. I have invested several thousand on courses and mentorship, and your videos are interesting as I try to discern Furus from the genuine. I am interested in Rent2Rent, as I don’t have a large amount of money to start buying houses. As you highlighted in other videos, R2R isnt quite as easy as the Furu’s say and in fact from what I understand youd view the prospect as fully undesirable. However, I need a cash flow mechanism as a new person wishing to start a property investment company. So my question is, what stratedgy would you suggest? I live in North West London, and this is the area I want to focus on. Many Thanks

[@liamsxa]

I had two rental flats and own my mum and dad's old house I got very cheap. Recently sold one of my flats and bought a house 30k below what the exact same house sold for. As it stands I now own two houses and one flat, I have alot of equity in both houses and I'm making £1080 gross rent from the house and flat I rent. Looking to do Airbnb in my new residential house as I don't it before and averaged £380 a month. My question is I want to buy a flat discounted in the right location to solely air bnb once I've finished renovating my new residential property. I would need to buy it under a limited company due to the higher tax bracket that I'm already slightly in now. Going beyond I don't plan on any more flats/houses for a few years unless there's complete bargains Is it wort having one property under a limited company and I have been told its difficult to move the ones I already have. Going beyond that I'm not sure what to do I want to slowly buy so I can put big deposits down and not need to worry about a crash in the market

[@flippalink]

Thanks Shaf your content is Pure Gold mate thank you The Amazon & Ebay research tools listed are they costs that could be claimed back as business expenses? Also would be great to see a video on to create a group company structure to show the advantages and disadvantages if any

[@jasonpalmer4344]

Great video, interesting stuff. Thanks for making these videos during lockdown.

[@davidmacphee4205]

Hi Shaf, great content again. I'm looking for a bit advice, I have around 40k saved up for investing in property and I'm looking at a buy-to-let. Would you recommend going for a discounted house around 35k (market 50k) with a tenant in paying 350 a month, or getting a mortgage for a house needing refurbished, refurbing it and renting it out then refinancing to pull money out and repeat? Any advice would be appreciated. Cheers

[@saifchoudhry9269]

Hello Shaf, is it mandate to use solicitors to read legal packs and using chartered surveyors to check the quality of a house before purchasing a property at auction because they might charge fees and you did NOT end up buying the property because it was more than you wanted to pay? Thank you.

[@AST-he6gb]

Hi Shaf - May I ask how you calculate ROI on residential properties - there seems to be many different ways to accumplish with some (perhaps the furus...) picking the best view possible. Would you say that - Projected Annual Profit, divided by Total Investment X 100 is an accurate view? Great content btw.

[@JinnoMasters]

Hi Shaf, Q: In Scotland we do have a Home Report. Can we rely on it, or would you advise to contact a chartered surveyor and ask for another one? Could you please invite an estate agent and mortgage broker to your channel? I think that it would be valuable for many of us, if we could ask them a questions relating to their expertise. They could also give us some tips. Many thanks

[@daveheart7880]

Hey shaf, how much would you say you need to get into property? I would like to wait until I have around £100,000 as I've heard you say and many others that cash is king and I hope this will help me get a good deal on a cheap first property to move into renovate add value and sell for a profit. Would you recommend doing the above or instead use that £100,000 as a down payment to purchase maybe 2 or 3 properties. If you did decide to buy multiple properties would you renovate and sell or renovate and rent out? Appreciate your feedback Cheers

[@Pumaroman]

Excellent Q & A best so far tbh. So much so that I have watched it over 3 x. Thank you Shaf

[@ShafRasulWealth]

AffluLife Style Thank you for watching 😉 and the feedback.

[@daveheart7880]

Hey Shaf thanks for the great content! My question is, I see a lot of static homes listed for sale for around £15,000 - £30,000. They seem to rent out for good money at £500-£800+ per month even when they aren't in the best of conditions. So, it seems that they are renting out similar to what some properties would be charging at a fraction of the cost to actually buy. I know they may not appreciate like a house will but it still seems that you could buy one and rent it out and make good money for a long time before selling it. The only issue would be storage as you may have to pay to keep it on a plot unless you could put it on your own land and get water electric etc to it. But in any case, could this be a good place to start if you were looking to get into property?

[@jahangiramjed7100]

Thanks shaf that was an amazing video...im learning a lot from your content on KZbin

[@ShafRasulWealth]

🙏

[@mrdojob]

Thanks for the answer Shaf. Much more detail than I was expecting too. I didn't realise commercial tenants can be so awkward until now. It'll be interesting to see what the surveyor says.

[@ShafRasulWealth]

🙏

[@alcedoramon]

Very much interested in capital gains. Although I think the laws in the US are a bit different.

[@GeneralFlawless]

Hi Shaf, what advice would you give to someone who has about 80k cash, wants to buy about 3/4 properties on a buy to let mortgage with about 20k deposit each. They will be rented as HMO’s to students, bringing in ideally £900pcm each. Currently not a homeowner, do I have to buy a first time buyer property first to “live in” before I’m allowed to get a buy to let mortgage under a limited company or can I just set up a limited company straight away and invest all the money into buy to let’s without owning a home under my name?

[@walkaman4396]

Following

[@quigley61]

Hiya Shaf, I'm in the process of creating a mobile app. I'm wondering if I should start up a business for managing the app, or if I should just do it in my own name? I intend to monetise the app through monthly subscriptions.

[@michaelegbuchue2450]

Hi Shaf ,do you know how to trade mark a name or phase to use in the future for a product or company in the UK? Thank you.

[@razwanali9662]

Another superb video Shaf. You answer the public’s queries with sincerity and honesty. Thank you for your continuing efforts in free property education !

[@ShafRasulWealth]

Razwan Ali Thank you for watching 😉

[@michaelegbuchue2450]

Hi Shaf. Is it complicated to setup Prop Co and Op Co? Do they need to have a similar name? Finally can they be stand alone company or those one have to be an umbrella company to the other? Many thanks.

[@rosshamilton7519]

Hi Shaf. Im a new subscriber having just watched a number of your videos with great content👍🏻 was just wondering what companies you & your son are investing in on lendingcrowd? Also would love a quick outline of what you cover in your due diligence? I’ve just recently opened my account and began my due diligence on a few but keep hesitating when it actually comes to investing! Thanks.

[@michaelegbuchue2450]

Hello again Shaf, is change of use for commercial property a very expensive process? Also is it a very lengthy process?

[@razwanali9662]

Hi Shaf Have you ever considered investing in gold during troubled economic times. It appears to be the go to asset during a recession?

[@scrappykaratekid]

#askshaflive Question: I have a corner Terrence with an outhouse. I requested planning permission to make it into livable accommodation, with architect drawings of a flat room replacing the pitch roof and a small conservatory at the front. The council declined all changes and said the flatroof would not suit the area and must keep the pitch roof. I accepted the change of purpose and allowed it to be livable area. I am now looking around the area to find another similar changes made/any other changes to tell the council there are other flatroof outhouses (so far there isnt). Is there anything I could do? pitch roof does not allow you to make best use of the space. I did ring the council and they said it adds volume and still declined. Would you recommend appealing? I understand it goes to a different decision maker upon appeal, maybe the would say yes? Thoughts? Thanks

[@richardah12]

Great tips here shaf, really assisting with the property journey. And it's free, you nutter!

[@dawgz6055]

can you tell us story on how you get your first million dollar? what step you made and what busines etc..

[@lewispole1831]

Hi Shaf, thanks for all the content, I’m currently a first year law student at university. However for the last few years I’ve decided I want to be financially independent and have become disenchanted with the idea of being employed. I was lured into property investing by scamuel Leeds but luckily saw past him and started planning how to raise finance to start flipping properties and obtaining buy to let properties with the help of my uncles refurbishing business. My plan was to do my placement year in an estate agency with the hope of getting a career with them and spend my early twenty’s saving whilst learning about the property market and trying to create a portfolio of my own. However I’ve recently come to the daunting conclusion that I’m completely financially illiterate as I didn’t do accounting or economics for an A level and this has been a major oversight for me. Long story short I was considering changing course to accounting and finance and try to get a career in an estate agency without the help of a placement year. My question to you is is this worth doing, or do you think there is sufficient sources out there on how learn how to manage. your own cash flow and balance sheets etc. If you think there is could you possibly recommend any books/sources in this department? Any help would be greatly appreciated as my parents aren’t the most financially inclined people to ask for advice from. (Ps the reason I’m considering the swap is that Ill get more transferable skills from accounting if I’m not aiming to obtain a legal profession anymore)

[@henrytaylor3042]

Great video Shaf! Real enjoy the genuine content you are putting out, its refreshing to hear information from someone with such an impressive track record. Practicing what you preach!

[@ShafRasulWealth]

Glad you enjoy it!

[@aboutbusinessknowledge5675]

@Shaf, thank you so much for bringing us FREE real genuine business tips and advice. I bless the day I stumbled on Mike Winnet's video on fake gurus- he recommended you in his video and for that I'm grateful.

[@ShafRasulWealth]

aboutbusiness Knowledge Thank you for watching 😉 anf the feedback

[@jpproperty9953]

Thanks for answering the question Shaf, much appreciated. Jamie

[@ShafRasulWealth]

Any time!

[@lorrainemansfield8830]

Speaking of all the profesionals you mention i recently spoke with my son who at 30 has a business a couple of houses rents offices bla bla he's busy. I have time on .my hands to watch these type of videos. I mentioned i want to buy commercial property and add value and i need to find a chartered surveyer to help me find a good property his response why wouldn't they do it themselves then if they had such a great way of making an investment. I had no answer what's your answer?

[@ShafRasulWealth]

Lorraine Mansfield your question has been answered in this video kzbin.info/www/bejne/a4WQZoKrgtF4Y6M

[@olipoo3]

What are your thoughts on the stock market moving forward? Seems overvalued (S&P back up to pre-rona levels?!)?

[@lhefe85]

Hey Shaf, how do you personally go about gauging where the potential bottom of the market is? What are the tell tell signs etc.

[@jongallagher9280]

Thanks for the top content again Shaf! Here is a question for you further videos, as a top entrepreneur what would you recommend I teach to my children? I feel my 4 year old is too young but my 7 year old is super sharp and has taken an interest in my sales calls while we have been in lockdown. I’d really appreciate your thoughts on fostering entrepreneurship in young ones.

[@PhuongTruong-tv4ck]

Hi Shaf, love the content...please keep up the good work

[@ShafRasulWealth]

Phuong Truong Thank you for watching 😉

[@davidcalvert-smith4633]

Shaf - please time stamp these videos so I can refer to them in the future

[@ShafRasulWealth]

David Calvert-Smith just had this episode timestamped. Will try and get the rest of them timestamped asap.

[@davidcalvert-smith4633]

👍

[@Rowallancars]

Whose giving the thumbs down to Shaf’s videos??? Must be Scamuel Leeds and Paul McFadden, furus!!

[@michaewelina7983]

Thank You both for answers to my questions. I feel much more encourage now to go for it.

[@ShafRasulWealth]

Any time!

[@annrrf1464]

Brilliant video Shaf. You are very helpful

[@ShafRasulWealth]

🙏

[@louisemagill8295]

How do you pick people for the £200 challenge, Shaf?

[@ShafRasulWealth]

I’m doing a video about it next week, just trying to think of the best way of doing it. Hope you are taking part!! It will be good fun.

[@rugoshath]

Need more of these

[@ShafRasulWealth]

Rugoshath IM Professionals Thank you for the heads up 👍🏼👍🏼👍🏼

[@rrufio3026]

Shaf can you talk about Dividend investing? And do you hold or invest in stocks and shares companies?

[@ShafRasulWealth]

The Archive just had this episode timestamped. Will try and get the rest of them timestamped asap.

[@tanisom]

I'm absolutely up for the challenge, and film it. How do I go about sorting this xx

[@ShafRasulWealth]

Tanis McGrane Thank you for watching 😉 the video with full instructions will be released 05/06/2020

[@GrantSignorini]

Thank you again for a fantastic video!

[@ShafRasulWealth]

Grant Signorini Thank you for watching 😉

[@gosskamperis2016]

Very entertaining and as always, lots of nuggets of information.

[@ShafRasulWealth]

Goss Kamperis Thank you for watching 😉

[@blairdall]

Shaf loving your videos what would your advice be for someone who is 21 to start making money thanks

[@mattbeks2949]

Hi Shaf, count me in on the £200 challenge - currently on furlough from my day job but determined to either set up my own business or at the very least train myself with something new 🙂

[@ShafRasulWealth]

Matt Beks The video with full instructions will be released on Friday. 05/06/2020

[@mattbeks2949]

Looking forward to it!

[@kateeardley]

Great content as usual!! 😊

[@ShafRasulWealth]

kateeardley Thank you for watching 😉

[@carlfielding2082]

Another great video Shaf! 👍

[@ShafRasulWealth]

🙏

[@lhefe85]

Thanks for such a detailed response to my question about KZbin revenue, very interesting. Have you seen Sam Leeds response to Alan sugar? It seems he did have that meeting with him

[@ShafRasulWealth]

L r Everything he said in the video he posted in my KZbin comments and I addressed them in this video. kzbin.info/www/bejne/g3bWaGyHab6harM so my response is on the record even before the video was released. My question to him was had he been mentored by Lord Sugar not whether he met Lord Sugar answered a couple of questions for him. Here’s the claim he made at the Edinburgh Crash course. kzbin.info/www/bejne/o6G9fISFqpuLhqs he claimed he spent £3 million on his education and he had been mentored by Lord Sugar. You know have all the facts feel free to make up your own mind to the question Was Samuel Leeds Mentored by Lord Sugar?

[@lhefe85]

@@ShafRasulWealth Yes I see your point, mentoring and meeting for an hour are 2 very different things.

[@RR-jj1ee]

Excited to watch this!

[@ShafRasulWealth]

R R Thanks-for your continued support. Its very much appreciated,

[@lorrainemansfield8830]

I think advertising is ok, if you can get good discounts for your viewers and the company has reputable reviews but as always trust no one do due dil you teach.

[@jwadedesigns1858]

Any recommendation for books on first time buyers in the UK

[@dttwit]

Love it great Video

[@ShafRasulWealth]

David Turner Thank you for watching 😉

[@anthonyanalytics]

Thanks for the quality content!

[@ShafRasulWealth]

Anthony Loya Thank you for watching 😉

[@davidskeeterskeeter1835]

Hi Shaf,,it’s time you had another swipe at that scumbag Leeds isn’t it my friend,??,,✊✊✊ Respect 👏👏👏🇬🇧

[@professionalgambler74]

Shaf, love the videos. My question is "What do you think are your best skills in becoming so successful?"

[@mothballjim]

Who has the skip link to the amount he earns from KZbin?

[@JinnoMasters]

Mr. Rasul do not earn anything from KZbin, as of today. The amount is just a showcase of the amount, he would be able to get from YT adverts, should he turn this option on...

[@nerofederation]

#askshaflive Question: Hi Shaf, I do like the way DueDil works but it's seems really expensive for what I need. Are there any alternatives that you recommend for someone who is starting out in business.

[@lsalibe]

great videos Shaf, il earn a lot from each of your clips that i feel i need to pay for all this knowledge , am worried now that after the lock down is over you wont be able to upload more Videos like this ,please keep them coming

[@ShafRasulWealth]

L Salibe Thank you for watching 😉 I will have to cut down the amount of videos i produce but don't worry i will continue with #askshaflive even if i have to cut it down to twice a month

[@samiteshome7390]

Hey shaf great video can you make some videos on how to become successful in property or business since you are mainly based in those industries

[@ShafRasulWealth]

sami teshome got laods of them just #askshaflive into the youtube search bar.

[@samiteshome7390]

@@ShafRasulWealth thanks shaf your the ingredient to success keep it up

[@karon_vaughan]

I need some help becoming financially free please can we do a video!!!!!

[@samuelanifalaje8774]

Hi shaf, another great video. what is the best way to contact you?

[@ShafRasulWealth]

Leave a comment here with your business Questions.

[@gc5384]

Good video shaf top man 👍

[@ShafRasulWealth]

G C Thank you for watching 😉

[@gc5384]

Your welcome

[@TheMattJames]

I think you should get someone full time to manage your channel

[@marknft8970]

#askshaf

[@ShafRasulWealth]

Mark Dare Thanks-for your continued support. Its very much appreciated,