ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
Listen "Buying Land, is it worth it? Bicker"
Episode Synopsis
Shaz takes us through a development he is currently working on and explains the factors that need to be thought about when you are looking to purchase land and how having planning in place can potentially affect the outcome.
This is a great overview of the really crucial elements that must be thought about when you are buying land, get it right and the returns are definitely worth it.
KEY TAKEAWAYS
Location determines everything and can help you to determine what the likely sales proceeds are per square foot
The location plays a role in the outcome you will get and the amount of money you will need to spend
Know who your customer is to make sure there is the demand or the property you are building
Work on a minimum 20% return
It can be easier if you purchase land with outline planning in place
You can apply for a pre-application so you know if you will get planning
With a scheme, you will need to consider the social housing required
The planning process should take approximately 6 months
If you keep the property as an appreciating asset, the rent provides a monthly income.
BEST MOMENTS
‘The location can help you to determine what the likely sales proceeds are per square foot
‘If we sell the land with full planning we will have doubled our money, If we build it on we will quadruple our investment’
‘I prefer to refinance and pull my money out but keep the properties’
VALUABLE RESOURCES
[email protected]
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
Facebook
LinkedIn
Instagram
YouTube.
This is a great overview of the really crucial elements that must be thought about when you are buying land, get it right and the returns are definitely worth it.
KEY TAKEAWAYS
Location determines everything and can help you to determine what the likely sales proceeds are per square foot
The location plays a role in the outcome you will get and the amount of money you will need to spend
Know who your customer is to make sure there is the demand or the property you are building
Work on a minimum 20% return
It can be easier if you purchase land with outline planning in place
You can apply for a pre-application so you know if you will get planning
With a scheme, you will need to consider the social housing required
The planning process should take approximately 6 months
If you keep the property as an appreciating asset, the rent provides a monthly income.
BEST MOMENTS
‘The location can help you to determine what the likely sales proceeds are per square foot
‘If we sell the land with full planning we will have doubled our money, If we build it on we will quadruple our investment’
‘I prefer to refinance and pull my money out but keep the properties’
VALUABLE RESOURCES
[email protected]
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
YouTube.
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