Wealth Made Simple Podcast

Shaz talks about Grade 2 listed buildings. Host Shaz Nawaz, an award-winning chartered accountant and property investor, shares his love for these historic buildings and dispels the notion that they are overly complicated to work with. He emphasises the beauty and architectural significance of Grade 2 listed buildings and highlights the potential investment opportunities they offer.  KEY TAKEAWAYS...

In this episode of Wealth Made Simple with Shaz, the focus is on maximizing the potential of your full-time job. Host Shaz Nawaz emphasises the importance of finding a balance in life that includes financial stability, physical and mental health, and personal fulfillment. He encourages listeners to assess their job satisfaction and align their work with their core values and interests.  KEY TAKEAW...

Shaz discusses the importance of asking the right questions when buying a property, whether it's for investment or personal use. He emphasises the need to go beyond simply liking a property and delves into the research and inquiries that should be made to ensure a successful purchase.  KEY TAKEAWAYS When buying a property, it is important to ask the right questions to gather necessary information....

We often hear that in order to achieve real success and grow, we need to step outside of our comfort zones - but where do the boundaries lie? In this episode, Shaz talks about why it's vital to know where your comfort zone is, and how to get the best from stepping outside. KEY TAKEAWAYS Your comfort zone is the habitual zone in which you spend your time - it is where you feel most at ease and you...

Many believe that wealth simply involves accruing the largest amount of money, but as Shaz discusses in this week's show, there might be more to the definition than you may think. KEY TAKEAWAYS You tend to see wealth depending on what your definition of success is in the first place. Some define wealth in terms of the freedom and happiness they have. Money is only one part of achieving wealth. The...

There are many generalisations and stereotypes out there, with certain assumptions made about the state of things - but why do we do it? In this episode, Shaz and Kieron explain why generalisations are so often used. KEY TAKEAWAYS Generalisations and assumptions are a shortcut way for our brains to understand something. If we have a starting point about what to think, it gives us a starting point....

Shaz discusses exit planning, and how it is one of the most important parts of not just closing out your time in a business, but also one of the fundamental parts of setting up a business at the beginning. KEY TAKEAWAYS Exit planning is the act of thinking about how we will move on from what we are doing. This means setting in place a time frame, and a methodology for doing so. Many do not conside...

We often hear the term "power team" when it comes to property investing, but what does it mean, and how can assembling a power team do for your investing path to success? In this episode, Shaz breaks down everything you need to know about putting your power team in place! KEY TAKEAWAYS You can't possibly know everything when it comes to property investing, so surrounding yourself with a reliable g...

Shaz discusses the state of the economy in the property sector, and how the inflation rises and interest rates are affecting investors and homeowners in the UK today. KEY TAKEAWAYS Printing money in order to prop up the economy will always have after effects, and inflation is demonstrating that for us all right now. The economy is non-reactive in terms of when something happens, the effects can so...

People should be more open to changing their minds when it comes to business, and in this episode, Shaz tells you why that's a good thing. KEY TAKEAWAYS In almost all cases, there's a better way of doing something. If we have a closed mindset, then we will fail to take advantage of these opportunities. if you have an open mindset about improving and doing things in a better way, you will allow you...

Shaz discusses what it takes to drive growth in your property business, scale to the next level, and achieve the life-changing results you want. KEY TAKEAWAYS Growth begins with a stripped back view of the essentials and basics in your property empire. Sometimes, the layers we add along the way can obfuscate the view we need to have. Implement systems and processes that will allow your business to...

Shaz discusses the growth mindset you need in order to take the best advantage of every learning opportunity the world provides. KEY TAKEAWAYS As we continue to grow and develop in the world around us, it helps if we consciously activate our growth mindset and see everything as a learning opportunity. When you don't know enough about something, you can feel as though you know enough to do enough,...

Shaz talks once more about the traits that attract money, including renting and why a mindset shift is required, and how to effectively manage your credit levels. KEY TAKEAWAYS People aspire to owning their own property and to add property to their legacy and assets list. Shifting from owning to renting seems like a backward step, but it doesn't have to be. If the numbers work, then renting a home...

Shaz discusses the value of thorough research, and why we should always do our due diligence and put the effort in when it comes to fact finding in the modern world. KEY TAKEAWAYS People seem to spend as little time as possible in gaining the answers they seek, largely due to the internet and free access to information. But we should always be doing our due diligence when it comes to fact finding....

Shaz continues to talk about the traits that attract money, and how you can manifest more wealth by instilling these traits within yourself. KEY TAKEAWAYS Although money does not have a consciousness or a spirit of its own, it does flow, and it does so for a very specific set of reasons. Money is a consequence of doing the right things at the right time, in the right way. Success leaves clues. Nev...

Shaz discusses the traits that we should encourage within ourselves and our business dealing, that will attract money in a fundamental way. KEY TAKEAWAYS Money is a case of mindset. If you believe that you are bad with money, the likelihood that you will be bad with money increases. Money likes people who work with speed - who are decisive, can make decisions effectively, and who work dynamically....

Shaz discusses the Goldmine Area - what it means, why you should always be on the lookout for one, and how to tell if the location you've chosen has the potential to make you very wealthy. KEY TAKEAWAYS A goldmine area is a location that, for you, has excellent potential for property investment, and could provide the key to unlocking real financial gains. People sometimes misunderstand why they ne...

Shaz discusses the all-important moral boundary line that all landlords should try to adhere to when it comes to relationships with their tenants. KEY TAKEAWAYS Many think that landlords are the ones raising rents to unreasonable highs, when in reality they are simply following the government's plans when it comes to pricing and taxation. Professional investors make their entire income through the...

Shaz presents a range of hot property tips designed to help you dynamically improve your investment chances! KEY TAKEAWAYS Rather than focussing on houses in your chosen investment area, focus also on flats. They're cheaper, easier to rent out, and have a better return on investment. Landlords aren't always distant and aloof when it comes to their tenants. They often want to build a working relati...

Shaz talks about the value of a money mindset - how it can empower you, and how it can alter the relationship we have with money, and use it to build lasting wealth. KEY TAKEAWAYS We need to fundamentally alter the way we think about money. We often think of it as a resource that refills once per month when our salaries arrive. If someone is wealthy, there seems to be a tendency to believe that th...

Shaz discusses the key factors he considers when it comes to evaluating a potential property investment, including analysis of cashflow and return on investment. KEY TAKEAWAYS When it comes to commercial conversions, the first consideration must be the purchase price. If you are overpaying for a property, you are not going to lose out if the area is in high demand. When looking to buy a property,...

Shaz explores the commercial strategy to the residential strategy, and explains the many pros and cons of both. KEY TAKEAWAYS There are benefits to both strategies. Commercial units are in general, cheaper than residential units, so the barrier to entry is lower. Residential is the safer strategy, and is the entry point for many investors due to the universe of knowledge out there, and the guidanc...

Shaz takes a deep dive into the world of commercial conversions - what they are at heart, and how you can maximise a building's potential with your plans. KEY TAKEAWAYS A commercial conversion is where you purchase a formerly commercial building and convert it into a number of residential units. 18 months is a sensible time to aim for - for a start-to-finish project, depending on prior approval an...

Shaz talks about the NMD strategy (No Money Down), otherwise known as JV-ing (Joint Venture), which is essentially a way of getting started on your property investing journey without needing any of your own money upfront. KEY TAKEAWAYS Many people have money that isn't working for them through traditional means. This means that if you do the work, and they provide the money, a win-win situation ca...

Shaz discusses some rather more niche strategies used in property investing, such as time management, PBSAs, and nomination agreements. KEY TAKEAWAYS You can't always rely on the information you find online. It's far better to take the advice of people with experience, and those you can trust. PBSA stands for Purpose Built Student Accommodation and will always be more utilised in university and co...