Wealth Made Simple Podcast

Deciding on your goldmine area, the place you want to focus your attention on for property development is key and there are a range of factors to take into account. Shaz shares what you should consider whilst always understanding that ultimately it’s all about whether the deal works for you and the end value and appeal to others. To refurbish or redevelop a property as a property developer means y...

Shaz looks at the question of how to set aside funds to pay yourself first and how to create a sub-account that can be used to fund repairs on your property portfolio. Paying yourself first at a commercial rate is vital but it’s something people struggle to get right as business owners but if you don’t value yourself who else will value you?    KEY TAKEAWAYS It’s extremely important to pay yoursel...

If you are thinking about getting started then this is an episode for you. Shaz explains his favourite strategy – no money down along with tips about what you need to look out for when you are starting out in the property business with your first developments. There are a range of ways to finance a project from using a bridging company through to working with a joint venture partner – it’s just ab...

Many people are fixated on the idea that the only way to grow their business is through attracting more customers but there are many other things you can do and Shaz shares why and how you can use all of them to grow successfully. Retaining your existing customers is key because it’s far more cost-effective than the marketing required to secure new customers and Shaz explains exactly what you shou...

In this new series Shaz covers everything you need to know about starting a property portfolio and begins in this episode with looking at - Should you buy and hold or buy, refurbish and sell? Along with great advice and tips about whether the business should be in your own name or you should create a limited company. Property is a tried and tested way of achieving extra income and there are lots o...

Money mindset is key in your money management and we live in a world where how we view money is in part determined by how we are brought up. Often the perception can be that money is bad and that those who have it are also bad but in reality money just exaggerates who you are. To attract money into your life its vital to have good processes in place, act with speed and give money away to good caus...

To be successful Its exceptionally important to have multiple streams of income. If you only have one key employee, one key customer or one way of generating leads then the impact will be high if you don’t have them. As a business owner, you need to focus on working to have more than one stream of income so you can use your first business to fund your lifestyle and the additional businesses to inv...

It can be easy to only look at one aspect positive or negative of incorporation but you need to review all of the financial implications before you make a decision and Shaz shares some of the pros and cons of incorporating a property portfolio. This episode provides a great overview of what you need to be looking at and reviewing before you make a decision, so it’s a must-listen for anyone thinkin...

Shaz shares great advice about the importance of having a sub-account where you regularly deposit money that is for taxes. If you want to make sure you have the money you need for taxes in your business then ring-fencing it in a sub-account is the best way to achieve this.   KEY TAKEAWAYS It’s very important to have a sub-account for taxes. Whenever you have money coming in, put aside the money fo...

Shaz goes through the questions anyone should be asking when they are considering incorporation. It can be the right thing but you must go through all the steps to make sure it’s the right thing and the right time for you. There are several aspects to consider including whether you have fixed rates, appreciation in value and equity along with whether setting up a trust is the right way forward in...

Shaz looks at why debt is a part of most people’s lives and the actions you can take to get out of debt along with the options available if you can’t. If you take the time to effectively manage your debts you can lower the amount of interest you need to pay and shorten the length of repayment. Budgeting is a key part of building a successful personal and business life and if you focus on effective...

Shaz looks at how you can create an avatar of your ideal customer so you can effectively direct your messages and bring the customers you want to you. It can take time and effort to work out the demographics and psychographics of your ideal customer but if you take the time it can move your business forward because you will know what the challenges and problems are for your customer and how you ca...

Shaz looks at the different ways you can save money as part of the overall strategy anyone should have in place for money management. Savings is about the income you derive from it and the capital appreciation and savings can be in various different forms such as an ISA, bonds, real estate or property. This is a concise and informative overview with useful information for anyone considering the be...

Do you know the numbers in your business? Shaz shares the numbers that any successful business tracks weekly to ensure they know exactly what’s going on and can adapt and respond to make sure they are always moving forward to achieve their goals. Many businesses don’t know about what their numbers are but it is the key element that separates those who are successful with those who are not, listen...

In this episode, Shaz shares great tips on how to build your credit rating and makes it clear what affects and impacts on your credit score and your potential to get credit. He explains how you can build your credit rating and become financially successful if you understand what to do. In a world where credit surrounds us along with constant marketing about the importance of having everything now,...

In this content-packed episode, Shaz explains what everyone should know before they start a commercial conversion. Lots of people miss out capital allowances because they don’t know what they can claim so it’s vital you seek the advice of an expert tax specialist so that you know exactly what you can claim in capital allowances. Commercial conversions can be a great area to get into as a property...

Shaz begins a new and invaluable series this week with the first episode in money management, getting to grips with budgeting and making it part of your life as a good habit. Most people don’t like talking about money, have hang-ups or issues around money but you need to become a student of money because it’s only when you understand it that you can make it work for you. Many people live their liv...

In this, in-depth episode Shaz looks at what makes a business successful and what you should look for and do if you are starting or buying a business. It is a fact that being trained and holding qualifications in a particular area doesn’t make you the right person to run a business in that sector but all businesses have shared elements and if you understand what these are, what your values are and...

In this episode, Shaz answers the question every individual and business owner wants to know the answer to ‘What leads to a tax enquiry?’ HMRC haven’t ever made it clear and say it’s a random selection process but that’s not the way they do things and the majority of tax enquiries are initiated because of numbers and patterns not adding up. Shaz explains exactly what triggers an enquiry and shares...

Shaz talks all things tax relief in this online presentation. He shares how he has made savings himself with examples from his own property development projects and answers questions about the best ways to purchase property either solo, with a partner or in a limited partnership. The questions are wide-ranging and Shaz includes great advice on how to save tax and claim tax relief if you are a busi...

Shaz talks though a range of his current projects and the varying ways he is making savings and claiming tax relief. He also explains the most common areas of tax relief that are missed by businesses from getting the company structure right through to purchasing an electric car and land remediation relief if you find Japanese knotweed and asbestos. These great tax advice takeaways will help any bu...

In this third episode in the mini-series looking at the question everyone is asking; ‘Is the property market going to crash?’ Shaz reviews the economic cycle and what has happened previously when the market has crashed,  sharing not only the facts but his expert opinion based on the information and data available. This is a great opportunity to not only hear the key facts in one place but also the...

In this fourth episode in the mini-series looking at the question everyone is asking; ‘Is the property market going to crash?’ Shaz reviews why the economists think a downturn is possible,  sharing not only the facts but his expert opinion based on the information and data available. This is a great opportunity to not only hear the key facts in one place but also the views of someone with consider...

In this second episode in the mini-series looking at the question everyone is asking; ‘Is the property market going to crash?’ Shaz reviews what’s happening currently with the rental market looking at supply and demand and sharing not only the facts but his expert opinion based on the information and data available. This is a great opportunity to not only hear the key facts in one place but also t...

In this first episode in the mini-series looking at the question everyone is asking; ‘Is the property market going to crash?’ Shaz reviews where we are at currently, at this moment in time,  sharing not only the facts but his expert opinion based on the information and data available. This is a great opportunity to not only hear the key facts in one place but also the views of someone with conside...