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 can be created for both of you.
Flipping is a trade, and so different benefits and reliefs may apply if this strategy is used. Keeping the flips as a separate entity is generally wise.
The percentage split between you and your investor is something you will both have to decide upon. Choose a figure that works for you but be prepared to negotiate.
BEST MOMENTS
'No money down doesn't mean no money involved'
'A little bit of something is better than a lot of nothing'
'It's hard to convince someone that you know what you're doing if you've never done it before'
VALUABLE RESOURCES
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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 consultations 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:
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