Muslim Money Talk Buying In London, Rent-To-Rent and Why Muslims Love Property! | Zaid Patel - Muslim Money Talk Ep 24
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Dec 16, 2024 Zaid Patel, owner of Highcastle Estates and host of The Muslim Pound Podcast, shares insights into property investment from a Muslim perspective. He discusses why real estate appeals to the community and explores sharia-compliant investment methods. The conversation also touches on the rent-to-rent model, the dynamics of family businesses, and the impact of community on property ventures. Patel examines the London market's current state, addressing whether buying is still a wise choice and the potential of masjids as community hubs.
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Name Bias
- Zaid Patel noticed bias in local authority responses.
- Applications under "Zed Patel" received no response, while "Oliver Harrison" got immediate replies.
Muslim Property Obsession
- The Muslim community's focus on property investment stems from a desire for stability and tangible assets, influenced by immigrant experiences and generational wealth-building.
- Starting with one property, generating cash flow, and expanding portfolios has become a common practice within the community.
Highcastle Estates Origins
- Zaid Patel's father and brother founded Highcastle Estates after managing investments for family and friends, addressing issues with other agents.
- Zaid joined later, merging his rent-to-rent business, expanding the company's portfolio and operations.
