#askshaflive

[@tourialemand325]

Hi Shaf! Thank you for sharing your knowledge with us. Yes, a video on how to buy bankrupt property would be very much appreciated!

[@ShafRasulWealth]

You got it!

[@razwanali9662]

Superb video Shaf. Great breadth and depth of knowledge that property people can benefit from. Thank you for sharing

[@ShafRasulWealth]

Glad you enjoyed it

[@legacy2027]

And can you do a video on how to structure your limited companies with a holding company, etc

[@ShafRasulWealth]

lucas dean it's on my to do list! I will produce a detailed video on the subject...

[@ShafRasulWealth]

Here is the link for the NDA Template from Episode 5 : www.linkedin.com/pulse/nda-confidentiality-agreement-shaf-rasul Q1) What do you think about deal sourcing/packaging? 3:15 Q2) Do you have an NDA template? 7:12 Q3) Will I offend the seller if I give a low offer? 7:30 Q4) Should I put the property in my name or create an LTD company? 9:07 Q5) Do I have the right approach to due diligence? 9:53 Q6) Should I invest in a new build in a recession? 16:48 Q7) What LTV would you recommend? 22:47 Q8) Can I add my current house to a LTD company? 24:04 Q9) I don’t want to look like I’m scamming, what can I do? 24:40 Q10) Should I pull out of the offer I’ve made? 26:40 Q11) What is the best way to invest £300’000? 28:11 Q12) Who would be interested in a service for recovering money owed to them? 30:08 Q13) Any tips on approaching clients? 30:36 Q14) How can I do marketing sensibly? 30:57 Q15) What’s the best leverage to use when investing in London? 32:05 Q16) Should I get a bank loan for my first refurb? 32:42 Q17) What was the lowest point in your career? 33:16 Q18) Where is the best place to invest £30k? 34:08 Q19) How does bridging finance work? 35:09 Q20) Should I move my property into a LTD? 36:20 Q21) Can you recommend any books on developing knowledge on property? 38:20 Q22) For buy to let and HMO, is interest only or capital mortgage better? 38:47 Q23) What happens if I’m a cash buyer and buy through an LTD? 39:17 Q24) How do I find a partner? 40:01 Q25) What’s the best way to finance a renovation? 40:56 Q26) What is the best way to sell my current property? 47:27 Q27)Do you know a good surveyor in Dundee? 48:08 Q28) Should I buy in my own name and rent back to my LTD? 49:36 Q29) What’s the best location to buy residential property in Scotland? 51:29 Q30) If you had to start from scratch today, how would you do it? 52:49 Q31) What’s the best landlord insurance companies? 54:26 Q32) What’s the best time to send a question in to you? 54:48 Q33) Where should I invest profits from my company? 5:08

[@user-et8ek8im9s]

Spot on Shaf

[@HPatel1890]

Thanks Shaf. I am sorry I sent a followup email requesting for this template. You're releasing excellent content. Much appreciated.

[@fettywap1738]

Hi Shaf please make the video on bridging loans. If you could also do a video on property auctions as a guide for first timers it would be really great. Big fan of the videos, have been a early subscriber from the start. Keep up the good work, your time and effort is much appreciated 👍

[@jamesbeadle93]

I hope (I believe you will) that you get all these videos out you mentioned doing. Some gems in there! Thanks for all you do Shaf, you are the virtual mentor we all need!

[@ShafRasulWealth]

MRJME Thank you for watching 😉

[@TT-xl2td]

Thanks Shaf, very generous of you to share your knowledge with us :)

[@ShafRasulWealth]

My pleasure!

[@Nick-kf2vt]

Thanks for the reply Shaf regarding the bridging finance. The reason I was told that I should use bridging rather than a mortgage, is because I am looking to flip the property, not rent it out. I was told that getting a mortgage and selling it 6-10 months later will not be liked by the lenders, and that I may even get blacklisted by the lenders.

[@dao6435]

Hi Shaf. I'll be moving to UK soon, and want to get into property investing asap. Would it be a mistake to buy a property with my newly created limited company, and rent it out to my wife and I? The idea is of course that we would move to a home better suited for us later on, and the first property will be rented out.

[@markkeane153]

Really enjoyed this week’s #askshaflive, many thanks Eddie and Shaf, brilliant to have different perspectives on the same subject.

[@ShafRasulWealth]

🙏

[@danielmuaythai101]

Hi Shaf, can you please do a video on how to read a company's financial statements for assessment purposes? Thanks for all the videos man! I've watched almost every one!

[@Drew262]

Thanks for answering my question Shaf. Totally understand what you said, and very sound advice. If you could do a video on Holding companies, that would be great. Thanks

[@ShafRasulWealth]

Drew Drew it's on my to do list! I will produce a detailed video on the subject...

[@mikeroy9872]

Would love to see recent updates and content Shaf. Loved the videos during the pandemic

[@michaewelina7983]

Thank You Shaf for answering our question. We are going to move to Dundee this or next year.

[@ShafRasulWealth]

Great 👍

[@1992Hutchy]

Hi Shaf, Really enjoying your videos, would welcome your thoughts on the below. I'm looking to purchase my first residential investment property (planning to renovate and sell, but could rent) and have approx £45k savings plus approx £40k equity in my main residence. I'd ideally like to use a limited company for the reasons previously outlined. I am considering: 1. Remortgaging my current property to "release" the equity into my hands 2. Take the comnbined savings and remortgage funds and loan this to a new off the shelf limited co. 3. Purchase the property in the limited co as a cash buyer (to potentially get the best deal) 4. Apply for an unencumbered mortgage on property in the limited company 5. Repay a portion of the DLA from the mortgage funds at 4. (amount equal to the additional borrowing on personal residence) 6. Remortgage my own property using the funds at 5. to bring back down my LTV % (e.g. in 6 months time - my mortgage lender doesnt charge for early repayments). Many thanks in advance, SH

[@adamswaidan3145]

Shaf you legend, can’t thank you enough! We’re two trusted friends, have £50k cash in total for a joint mortgage, looking to buy a 2 bed house in the next 6 months at around £380k in London, add value (rundown, desperate seller, can get planning permission for 2 more bedrooms), will live in until we get it done in a year or two, remortgage and go from there. Got friends in renovation business so that’s a jackpot. We both work full time and each make around £38k/year. 1. Does that sound crazy? 2. As a first property should we form a company and buy it on it or just personal joint mortgage? 3. start a business instead? (we both work full time so that means quitting our jobs). Any tips will be in stones for us. We're both tuned in next Thursday for this, big decision for us. Much appreciated!

[@JaY-fs4rd]

Hi Shaf, I've inherited a property, a three bedroomed, terraced house that would be good for letting. I think it is worth about £355K but I haven't got it surveyed yet. There is some slight internal roof damage which needs to be done. But is it worth putting in a new bathroom, kitchen and also doing the garden and driveway areas? How do I estimate the maximum value of the property if everything was revamped and therefore how much I should spend on refurbishments? I would have to borrow money for any home improvements that I make.

[@aboutbusinessknowledge5675]

Hi Shaf, thank you for another mazing video. Yes, I would like to learn more about bridging loans, holding company and company group structures. I look forward to your next video. Until then, take care and stay safe.

[@craigstone1684]

Hi Shaf, Would be good to learn company structure, op-co & prop-co advantages, how to buy bankrupt property. My question, what do you think of buying leasehold flats/apartments I have only ever favoured freehold previously also I believe there is a strategy of buying short leasehold and extended the lease to sell for a profit? Awesome video's your just about keeping me from joining another course :-)

[@JinnoMasters]

Hi Shaf, First of all, great video as always. Keep the good work, you are really doing a difference. Now time for questions: 1. Could you tell us a little more about your property company and operation company? How does it work? What are the benefits? Would it make sense to open a property company for residential let and then operating company to manage it (something like estate agency/managing company)? If so, would the operating company be VAT registered (e.g. to reclaim VAT from furniture purchase etc)? 2. It might sounds strange, but would it be possible to buy a property on a limited company using a BTL mortgage and then rent it from this company? I mean if it would be okay, if a director would be renting a property from the company s/he controls? 3. I know that you are mostly operating within the commercial property, but maybe you do know how does the mortgage companies make the valuation of the residential properties? What needs to be done to increase the property value? Also, any advise on how to assess the potential value of a residential property? I know that we can check other properties listen in the street or within the area, look at the historic sales etc, but maybe you can suggest anything else? PS: A separate video on a "bankruptcy properties" would be great. But could you please extend it to residential properties and maybe also the repossession properties? What happens with the properties that did not sold at auctions? Can we still buy them? If so, is it possible to get it even cheaper? Learning about the holding structure would be also fantastic. Once again, great channel, packed with lots of useful information. Many thanks, Jerz

[@BigJProductions]

I have a question, I have 80k and dont know whether to go for a REIT or a Buy to let. also whether to go for the UK or Ireland. I currently live in Ireland but I am from the UK and I am planning to move to Portugal as soon as (fingers crossed) this whole covid thing has blown over. whilst I am a cash buyer, if I went down the BTL route then at some point in the future I would want to release that equity and reinvest therefore the UKs change in deducting mortgage interest would be bad for me (I think, maybe I am wrong, this is what many landlords are saying it seems). I understand it the Irish haven't take that step yet. Are REITs better? what kind of returns would I expect? we are a young family that inherited this money. We never really received any proper financial education and we are terrified that we will skew it up. so your advice is really welcome. btw I am not going to Portugal to retire, I am a scuba instructor.

[@rectilinearproperties6211]

Hi Shaf great solid content, plain common sense! Can you create content on sourcing commercial properties from an administrator please? Also what are the advantages and disadvantages of buying shops and uppers and converting them under PD?

[@derek9658]

Good video and bang on with deal sourcing. It's ridiculous you can do short course and claim to be an expert. Thanks for NDA.

[@ShafRasulWealth]

Willie McShooglebert Thank you for watching 😉 hope the NDA is helpful

[@macshah3674]

Yes do a video on how to buy from an administrator and bankruptcy etc

[@sleepzone7288]

Question about using Recruitment Firms - Hi Shaf. I run a care business and for last few years have struggled to grow. I’ve been contemplating bringing in someone who can do better than me to grow the company but noticed it would be expensive to hire someone of that caliber as their salary could be upwards of £40-£50k pa. Should I try and continue to grow at a slow scale or invest into finding an expert with experience of growing a care company? Secondly should I hire a recruiter to find this person and what happens if the person cannot deliver in scaling the company? Please could you take some time to answer this as I’ve been wrestling with this idea for sometime and I don’t have any other person in the know who I can discuss ideas with. Look forward to hearing from you soon. All the best Dal

[@damilola7422]

Hi Dal S, I'm not Shaf but i have a suggestion. You can get a recruitment company to find you a Consultant 'a care company expert' you can hire them for a week, a month, six months or a year dependent on their performance.

[@jacobward3952]

Look forward to hearing about buy from administrators, cheers

[@ShafRasulWealth]

Jake W it's on my to do list! I will produce a detailed video on the subject...

[@saintandy6298]

Hi Shaf, the content on your channel is incredible...very valuable and inspiring. The video on company structure would be brilliant, also advice on the mechanism/method of making the initial capital investment into a newly founded limited company for the purpose of procuring the initial property asset(s). I.e if you have a cash lump sum, should you lend this money to the company? (and become a creditor to the company)

[@jackhounsom8867]

I’d love to see a video that highlights how to buy properties from administrators and how to source bankrupt properties

[@ShafRasulWealth]

Jack Hounsom Thank you for watching 😉 yes i will

[@davidcarr963]

@@ShafRasulWealth Love your content, thank you

[@jamesledger7117]

Hi Shaf, I have currently saved up £10,000, what type of property investment would you recommend doing with the money? It would be my first property investment. Also due to the current financial climate, when would you recommend buying?

[@alexkent2713]

Hi Shaf, thanks for all your videos so far. On the topic of property investment - I read that in recent years property prices have only grown at rates similar to inflation. Does this mean that property is a poor method of investment aimed at appreciation? Also on a separate point entirely - what is your opinion on Bitcoin? If not as functional money then as an asset/ investment? Thanks

[@pawelbutryn641]

Thanks for answering Shaf. How to source bankrupt property video would be much appreciated 🙏

[@ShafRasulWealth]

Pawel Butryn it's on my to do list! I will produce a detailed video on the subject...

[@piprod01]

Thanks for answering! Looking forward to seeing your process!

[@ShafRasulWealth]

No worries!

[@gh9133]

Shaf, loving the openness and straightforward responses in this video, great knowledge sharing platform. Can you explain in more detail the holding company model please. Firstly, you already owned residential property in your own name, mortgaged with tier 1 lenders? Were these multi million pound property with a big rental income or just a couple of flats? I.e. does it matter if your rental income is 5k or 50k per year? Sounds expensive running 2 ltd companies. How did you transfer the personal property to the holding company? I am assuming there were costs, taxes paid for doing all of this? Did you sell these to the holding co, capital gains etc? Then the setting up of the op co? This sounds straightforward just open a company i.e. Shaf Estates basically your own estates agent managing the holding co properties? Secondly, if you were starting from scratch, open a new holding limited co, and then an Op Co will a lender borrow anyone money for this strategy?

[@Moorend_]

Please do a video on Bankrupt/Administration properties!

[@Burning_desire22]

Another lovely video Shaf :). Ive not asked anything for 2 weeks now but was thinking do you agree with a lot of wealth can be generated in this recession if we wait and invest at the right time? Im guessing either buying one big deal residential property or a few bmv terraces and sell them in say 5 years time when they appreciate? Samuel Leeds would say buy cheap ones, add value and refinance and do that a few times which is then buying more houses with no money deal is that more risky as you are fully leveraged and have minimal equity? Out of these strategies which would you prefer if you were starting off with £50,000?

[@JinnoMasters]

Yea, does it really work. I mean purchasing a property below the market value, adding a value and taking a remortgage on it? Assuming, that it is all done via LTD company, with an aim to rent it out (considering it more as a additional job then retirement) and proper due diligence was carried out prior to purchase?

[@lorrainemansfield8830]

Hi if you put your own home into a limited company with a view to renting it out, i live in Manchester, would you have to pay 3% stamp duty?

[@Abooos1]

love your videos Shaf! Its great we have an actual business man on youtube rather than pretenders! More Business people should give free advice like yourself!

[@ShafRasulWealth]

Abas P. Thank you for watching 😉 and the comments

[@adamswaidan3145]

Shaf you legend, can’t thank you enough! We’re two trusted friends, have £50k cash in total for a joint mortgage, looking to buy a 2 bed house in the next 6 months at around £380k in London, add value (rundown, desperate seller, can get planning permission for 2 more bedrooms), will plan to live in until we get it done in a year or two, remortgage and go from there. Got friends in renovation business so that’s a jackpot. We both work full time and each make £40k/year. Does that sound crazy? As a first property should we form a company and buy it on it or joint mortgage? Any tips will be in stones for us. Much appreciated!

[@BBHair1]

Yes to a video on buying from an administrator please!

[@ShafRasulWealth]

BBHair1 it's on my to do list! I will produce a detailed video on the subject...

[@danielmuaythai101]

Hi shaf, wanted to ask about the relationship between rental demand and the demand to purchase/buy property in any given area. Are there areas where you'd do a capital project (i.e. buying to add value via refurb to then sell) where the rental demand is mediocre compared to other areas, but the chance of selling is higher? To me it seems like a capital project in an area with high rental demand is the safer option, as if I can't sell for whatever reason I'd refinance and rent it out for some positive and try and sell a few years down the line. However, are there areas that are not so good for rental demand where you'd justify doing a capital project anyway? Thanks Sensai, keep the videos coming!

[@Greatermans]

Thank you. That was Amazing video. Better than the 2 day Crash course offered by some Furus

[@ShafRasulWealth]

Tendai Thank you for watching 😉 and the feedback

[@reviewjusticenow]

Great video. Very insightful. Keep them coming, Shaf

[@ShafRasulWealth]

Thanks, will do!

[@HPatel1890]

Hi Shaf. I would love to more information on buying properties from Administrators and repossession properties/direct from bank.

[@ShafRasulWealth]

Noted

[@yianny0151]

Great Videos Shaf. Very informative. What's you opinion on the Govt's Bounce Bank Loans? For instance can I use the loan to do a loft comversion on a property I already own in North London and change it from two bed, one bath, into a three bed two bath apartment? Cost would be approx 40k

[@anjumf1]

Hi Shaf. Just saw this video and like all the the others, it was really informative. Could you do a video explaining the concept of sale and lease back? Thanks.

[@ShafRasulWealth]

Noted!

[@gswiftgs23]

Property that is run down , farm houses , conversions . Low cost housing will always be in demand . Property driven by postcode prices probably loose the most . Any knock in prop prices should rebound quickly , is very different from 2007 onwards ..?

[@collybarry]

Hi Shaf 5th time lucky 🤞😂 My brother and I own 2 properties bought 12/15 years ago on a very low interest only mortgages this was before the crash! The properties are now only worth what we paid for them but we have only paid off the interest . Should we leave it as it is for next 10 yrs at no cost or profit to us each month and hope they go up in value for next 10 yrs or remortgage and starting repaying ? Also seeing this video about Limited company should we look into this or is to late for these houses and leave that for future investments ? Thank Shaf

[@leonmclean9947]

On the point about Limited Company vs personal name. I work with a well respected Accountant who has landlord clients with various portfolio sizes up to 100+ properties. He advises if you will only have 3 or less properties put them in your own name. If you will have 4 or more put them in a Limited Company. The reason is because there are higher mortgage costs, accountancy costs etc and it is more difficult to get access to your money. The bigger your portfolio, the more cost effective it becomes (economy of scale). Also, with your personal name there can be capital gains and income tax benefits. There is no one rule for everyone.

[@ShafRasulWealth]

Leon Mclean i will do a a detailed stand alone video it's on my to do list! i think the amount of interest and different circumstances of the people who are asking this question warrants a stand alone video....

[@leonmclean9947]

@@ShafRasulWealth Excellent, I look forward to it!

[@chrislam8]

Hi Shaf, you mention using a company to hold property to minimise risk to the assets. Do you recommend keeping all property in one company or having one company for each property? Probably a silly question I know!

[@ShafRasulWealth]

Chris Lam Thank you for the question i am doing a detailed video on companies over the next few weeks..

[@keithos6358]

yes please on bankrupt/ administration

[@jpproperty9953]

Hi Shaf, Would be really interested in finding out more about buying bankrupt property etc. Thank you Jamie

[@ShafRasulWealth]

Noted!

[@razwanali9662]

Shaf can you tell us about the function of a holding company and how’s it links with all your other prop co. What are the benefits of such an arrangement?

[@ShafRasulWealth]

Razwan Ali it's on my to do list! I will produce a detailed video on the subject...

[@gosskamperis2016]

Any tips on how to buy property (or indeed a business) from administration / bankruptcy would be of great interest. Thank you.

[@ShafRasulWealth]

Goss Kamperis it's on my to do list! I will produce a detailed video on the subject...

[@rectilinearproperties6211]

How to source bankrupt property, please do a video!

[@davidcalvert-smith4633]

Shaf please start time stamping these videos it’s very hard to find the answers to questions when you want to refer back to the video. Great content btw

[@ShafRasulWealth]

David Calvert-Smith Thank you for the heads up i will do that👍🏼👍🏼👍🏼

[@erfanm1425]

Would be get to learn how to source properties from bankruptcies or properties being sold due to dead of landlord or divorce?

[@BigJProductions]

yes. defo would love to see a video about how to get property from administrators!

[@ShafRasulWealth]

Big J Productions it's on my to do list! I will produce a detailed video on the subject...

[@Burning_desire22]

Uncle Shaf ive been a supporter from day one and seen your channel grow to nearly 1 million views! Your a success in everything you do. Im surprised you dont have ads on your channel. My question is about lending crowd. What security do we have for our funds as it says on their website not protected by the Financial Services Compensation Scheme?

[@ShafRasulWealth]

Burning Desire Thank you for the comment 😉 I will be answering the first part of your question this Thursday. The second part of your question I'm going to save as i should have the MD of lending Crowd on and we can ask him.

[@Burning_desire22]

@@ShafRasulWealth Thanks i appreciate it, ive always said lenders and people who sell on credit make easy money

[@gavincatto9992]

Hi Shaf, I'm going to inherit a house soon where my elderly mother is the tenant on pension credits. Would I be better putting it in my own name as a standard rate tax payer, an LLP, or a LTD company? Once she has passed away, I would sell it as it is a fair distance away from where I live.

[@raykhan6416]

Aswk. When do you think you would be able to invest time in finance sources as this the key to any investment. Also companies who don’t charge £1500 for doings so.

[@leonmclean9947]

Please do a video on a holding company structure!

[@ShafRasulWealth]

Leon Mclean Thank you for watching 😉 will do

[@b.williams1637]

A video on how to buy bankrupt property from administrators would be brilliant Shaf

[@ShafRasulWealth]

B. Williams it's on my to do list!

[@Moorend_]

Hi Shaf, I asked this on a previous video and there was supposed to be an answer in this video but the question wasnt answered, the question was "when looking at buy to let mortgages what type of agreement is the best, interest only or repayment mortgage? Could you outline the different and the pro's and con's? Thanks, keep up the great video's." Could you do a video on the best types of funding for investing in property that outlines the pro's and cons of them e.g, Interest only Vs Repayment.

[@ShafRasulWealth]

Moorend Thank you for watching 😉 i have touched on this subject in various videos. i will do a dedicated video on the subject and collate all the information into one video. Its now near the top of the too do list!

[@Moorend_]

@@ShafRasulWealth Thanks a lot! I know the world of Mortgages is a minefield so I look forward to your video!

[@JinnoMasters]

@@Moorend_ Shaf has answered your first question in this video, and so did his quest. Both of them said, that interest only is better option when it comes to investment...

[@ajaynandakumar1]

HI Shaf, Great content, loving all the videos, Can you please make another video explaining how to buy a property from an administrator. Also if you can explain best way to buy a property on an auction without having fun cash to pay (probably with 25% deposit cash to spend)

[@ShafRasulWealth]

Noted!

[@kateeardley]

Hi Shaf, please would you do a video regarding group companies, holding company plus sub companies. Thank you 😊

[@ShafRasulWealth]

Noted!

[@DIPU1036]

Hi Shaf. Waiting for video on how to buy from an administrator and similar alternatives.

[@ShafRasulWealth]

Noted

[@DIPU1036]

@@ShafRasulWealth No mad rush as long it is on your "To do " list. Thanks

[@davidgorn4478]

Hey Shaf, would really appreciate an answer to this question as it's something I've been wondering for a while. I have noticed a lot of static caravans for sale for anywhere between £15,000 to £30,000 and I know people who live in this paying rents of £500-£800 per month. So, my question is with these being so cheap in comparison to buying a house and still renting out for a lot of money per month if you had somewhere to put it would you consider this a good investment. I appreciate that they may not go up in value like a house would but they still seem like a great idea to me. Would love to hear your opinion on this cheers :)

[@markb8663]

Hi shaf Can you do a video on buying from receivers etc please

[@ShafRasulWealth]

Mark B Thank you for watching 😉 yes i will

[@anthonystcroix7946]

Hi Shaf. Great video...would love to see content on company structures. Holding company etc. Thank You!!

[@ShafRasulWealth]

Anthony St croix it's on my to do list! I will produce a detailed video on the subject...

[@anthonystcroix7946]

@@ShafRasulWealth Thank You!!!

[@legacy2027]

Yes can you do a video on sourcing bankrupt property and sale and lease back. Thank you for the great video aswell

[@ShafRasulWealth]

lucas dean it's on my to do list! I will produce a detailed video on the subject...

[@legacy2027]

@@ShafRasulWealth greatly appreciated. Thank you

[@oumuamua1963]

If I rent out my property after living in it for 3 years. Do I pay capital gains if I decide to sell since I don't live there anymore. But have in the past.

[@peteblackhall]

Hi Shaf! Best property videos on KZbin by a mile!👌 ASK SHAF QUESTION - I want to invest in my 1st residential buy to let, however I live in an area where house prices are high so rental yields are low (2-3%). You have mentioned it is generally better to stick to areas you know, but I am seeking higher yields than I can realistically achieve in my area and think lower cost properties in other areas could be the way to go, especially as it's my first investment property. What would your suggestion be for me and others who live in areas with high house prices, who want to build high yielding residential portfolios? Thanks!

[@sage6336]

SHAF we own 7 properties privately, they all have charges can /should we move them into a private company , we have recently moved them to a LLP

[@ShafRasulWealth]

Sage Thank you for watching 😉 i have a detailed video planned to answer this question. Will get it done in the next few weeks when i get some time

[@erfanm1425]

How would you recommend a beginner who has managed to save £30,000 to start their property Investment journey Shaf?

[@patricksheridan6102]

Would also like here a response to this

[@superwhites5870]

Look for a run down house buy do it up rent it out and refinance after 2 years that’s what we do and it works perfectly we are now buying properties with out using our money but the equity we pull out of other houses

[@rezamotin7305]

Invest in your self, sign up to Samuel leeds property investor course

[@DIPU1036]

@@superwhites5870 100% correct. There is no better way in relation to risk and profitability. Efran M then needs to watch KZbin videos on sourcing, cashflow, capital growth etc.

[@rfield4308]

Reza Motin If you remortgage that means the amount you pay the bank goes up and the more properties you have the more money you NEED to pay the bank per month. With the world as it currently is there’s no guarantee that the tenant can pay the rent. Do your research and for goodness sake don’t listen to charlatans who just see that you have money they can take off you. Research on the internet don’t deal with any property gurus. You’re a pound sign to them nothing else remember that.

[@robertjohnston5772]

Shaf I have my own blinds and shutters business in edinburgh and have been trading for 5 years, do you have a company already which you deal with for your commercial and residential properties for blinds and shutters if not I would be keen to meet up and discuss business. Many thanks Robert

[@ajaynandakumar1]

Hi Shaff, Can you also please provide some information on Holding company and the structure.

[@ShafRasulWealth]

AJAY NANDAKUMAR it's on my to do list! I will produce a detailed video on the subject...

[@kjones780]

I'm looking to buy to let properties that i'd put in a ltd company, but would you put your main residence in ltd too? Or your name? Once I buy I'm not planning on moving/or having kids, but thinking of an interest only mortgage. Thanks

[@ShafRasulWealth]

K Jones Thank you for watching 😉

[@kevinquinn8632]

Please do a video on how to acquire property’s from administers 👏👏👏

[@ShafRasulWealth]

Kevin The Barber Quinn it's on my to do list! I will produce a detailed video on the subject...

[@carlitoab]

Hi Shaf, great video. Thing about buying BTL property in a ltd co is the access to mortgages. From what I have seen there's less products available and the rates tend to be a bit higher. Do you know any good brokers?

[@ShafRasulWealth]

carlitoab it's on my to do list! I will produce a detailed video on the subject...

[@kevinmatthews2620]

holding company structures and advantages yes please Shaf :)

[@ShafRasulWealth]

kevin matthews it's on my to do list!

[@pritiannie9780]

Hi Shaf, having watch most of your videos really good content and loving the rawness. Q. Will Buy Refurb and Refinance work during this pandemic?

[@jahangiramjed7100]

Hi shaf great video. Are there any tax implications of transferring properties from a personal name to a LTD company

[@ShafRasulWealth]

Jahangir Amjed it's on my to do list! I will produce a detailed video on the subject...

[@jahangiramjed7100]

@@ShafRasulWealth thanks your videos are great im learning a lot

[@faisalimranqaiser7290]

Shaf plz do the video on buying bank corrupt property

[@ShafRasulWealth]

faisal imran qaiser already done it here is the link kzbin.info/www/bejne/o4i1gpyQYtaGZpY

[@faisalimranqaiser7290]

@@ShafRasulWealth thanks watched it last night I've buy to let on my name 1st property how can I switch that on to company. As my broker said its bit complicated and what u think its best time to start building portfolio on the company. Thanks

[@jackodonnell8695]

I want to invest in property when I’m older I’m currently 15. I’m not sure if I should skip university to pursue this dream or should I go as a backup plan. What are your thoughts ? Thanks a lot

[@cherelled6419]

Hey Jack, just incase he is unable to reply, Shaf has addressed this question in a previous AskShaf video 😊

[@superwhites5870]

And the answer is go to uni and stay at school

[@DIPU1036]

@@superwhites5870 Why go to University and run up very expensive student loans. No guarantee of any employment after Uni.

[@DIPU1036]

Get the best paid job you can one where you can learn related skills. Say estate agent or selling. Spend the 3-4 years in self education. Pay for good property related books and videos. This education will be invaluable. MUST read Rich Dad Poor Dad. Save every penny you can. Buy your first BTL property as soon as enough deposit saved and then buy more as equity in your first property increases. Forget the nonsense of No Money Down fantasies and other near impossible or extremely difficult to execute property investment methods.

[@hudson7354]

Or if your practical train to be a plumber or electrician, you will not have to do all the physical work forever BUT you will get a great grounding in property.

[@mrdojob]

Hi Shaf. What are the most common mistakes people usually make with commercial property?

[@taiwong1186]

Love these videos

[@callumstevens9274]

Could you do a video on buying from administrators please?

[@ShafRasulWealth]

Callum Stevens it's on my to do list! I will produce a detailed video on the subject...

[@hadynvarley4625]

Would like to see a video on How to buy bankrupt property please

[@ShafRasulWealth]

Hadyn Varley it's on my to do list! I will produce a detailed video on the subject...

[@gswiftgs23]

My apprenticeship was wimpey homes then to tarmac who then sent me doing civil , shuttering , bridges etc .Then more civils ended up with all kinds of licence and class 1 hgv , building carriageway and chambers , nrswa card Then Redrow , Jones was finishing houses for handover , expensive ones ,, then poached moved into fitted furniture in Cheshire ,cabinet making , Victorian inframe , mantels , displays ,& spray painting , installations and tiling , included bathrooms as my experience grew , wet rooms bespoke one offs . Expensive 8ft tall bespoke garden water features , bespoke cobblestone driveways , snagged a 200k extension 48yrs old this year , my mortgage almost paid , is something I know inside out , Red tape & civil servants eww shudders property game involves dealing with a lot of idiots . Bank once offered me 60% to set up a bespoke handmade kitchen company , not kind of stuff from bnq . Glad I didnt borrow the economy crashed twice since . Very interesting listen

[@nathanlancaster2983]

thanks for taking time to answer my question much appreciated

[@ShafRasulWealth]

No worries!

[@chaddaltrey6378]

Hey Shaf I’ve watched most of your videos and i love them thanks a lot :). I’m not new to business but I’m new to the tech industry and I’m trying to price a service but I’m not sure how much workload it will require, how would you price a service would you rather do a low price and then adapt slowly or start charging a mid range/premium price from the beginning thanks:)

[@lorrainemansfield8830]

The book you mention, did you pay £54 for it, that's how much it is from Amazon. Did you get it cheaper?

[@junaidshan6249]

What book was this?

[@lorrainemansfield8830]

Andrew baum and Niel Crosby investment property appraisal

[@gosskamperis2016]

AND - a suggestion for you - with your first breath - ask people to "Like" your video. A political commentator whose channel I subscribe to does that and gets loads of likes. I like your videos, so I usually "Like" your videos but if I don't watch a particular video to the very end, I sometimes forget to "Like" that video. I hope my suggestion is taken in the spirit that it is given ............... and thank you for your insights.

[@ShafRasulWealth]

Goss Kamperis Thank you for the heads up 👍🏼👍🏼👍🏼

[@mikeconroy8834]

great video! i'd like to understand how you can buy bankrupt property

[@ShafRasulWealth]

Coming soon!

[@HPatel1890]

Hi Shaf thanks for answering my question. I will try to get an accountant as I have many questions about investing through a Limited Company.

[@ShafRasulWealth]

No worries!

[@sage6336]

re barting , On holiday a brit would go to a local market and if the trader offered an item for 100 , we would offer say80 hoping for a final price of 90. My wife is Indian , we did the same thing , her opeing offer would be 10!!

[@ShafRasulWealth]

Sage Thank you for the feedback

[@jonathansalfi5741]

Where do administrators sell property shaf ??

[@ShafRasulWealth]

Jonathan Salfi it's on my to do list! I will produce a detailed video on the subject...

[@matthewbell4273]

Hi Shaf - thanks for the good video. For the issue raised by the person at 9:08 - I am not an accountant or a tax expert, but I wonder whether it may (potentially, depending on the circumstances) be a good idea for the property to be held in the person’s own name to begin with, while he lives there (before later renting it out). Selling to the company later, perhaps immediately prior to renting it out, would presumably admittedly trigger a 2nd payment of stamp duty (this time by the company as purchaser). But if the person lived there while it is in his own company’s name from the outset, I wonder whether the person would have to pay market value rent to the company, and the company would presumably have to pay Corporation Tax on that rent. I wonder would it be classed as an “illegal dividend” of some kind for the company’s shareholder to live in his company’s property without paying market value rent. If initially bought in the person’s own name, presumably at least there would be no CGT upon any later sale from the person to the company as it would have been the person’s Principal Private Residence. Presumably sale into the company would need to be at market value (eg so as not to artificially inflate the company’s chargeable gain base for any later on-sale) and as I say would presumably incur a 2nd SDLT payment. Whether company is a good idea for renting at all, may depend on the person’s salary level (basic rate or higher rate), whether the person would be seeking to extract profit from the company (by salary, dividend or otherwise, itself attracting tax) and whether or not there would be a mortgage (with the pain of section 24 applying to individuals but thankfully not to companies). I obviously don’t know all the details as I am not a tax professional but it’s an interesting question and there’s quite a bit to consider. Thanks to you and your guest from Invertay Homes for the good video.

[@charles-h9e]

Thanks for the good content a usual. Question for a future vid, you were due to attend a baker street property meet with Ranjan Bhattacharya and Simon Zutshi, where they spent a lot of time dis-associating themselves from Samuel Leeds, and your replacement on the panel stood for a body attempting to bring some level of accreditation, oversight and or professionalism to property training" - were you really sick, or did you avoid to avoid associating with people that charge for mentoring / mastermind programs which you have stolen negatively towards ? Interested to hear your views on the content of that meet if you've reviewed it on Ranjan's KZbin channel.

[@zenlet8126]

Another great vid 🙃

[@ShafRasulWealth]

Glad you enjoyed!

[@raykhan6416]

Yes get your mate on bridging as it’s a very dark area people don’t understand.

[@ShafRasulWealth]

Ray Khan Thank you for watching 😉 I will do...