Posted:08-February-2021
Not UK-based? No problem. Build a profitable property portfolio from overseas
- JOINED PPP - January 2017
- PREVIOUS CAREER - International gym franchisor
- PORTFOLIO LOCATION - Cheltenham
- NUMBER OF HMOS - 2
- BIGGEST BENEFIT - UK based income
It was almost a decade ago that Simon Clarke first heard of Platinum Property Partners but being based between Sydney and Kuala Lumpur meant it wasn’t possible to join the franchise at the time. He was disappointed and desperately wanted to escape the corporate life of banking, so turned to investing in fitness clubs, which he still owns in Australia and Malaysia. However, the pull of Platinum remained.
Since first hearing Steve Bolton, the founder of Platinum talk at a property expo, Simon had kept a partial eye on property investment opportunities. He had some buy-to-let experience, having rented out his own properties when he moved around for work, and could see how property investment could go from being an active to passive business venture. But only the PPP model seemed to work the best.
FROM PASSIVE TO ACTIVE
Like any other Franchise Partner, Simon attended a Discovery Day and a one-to-one Director’s Meeting to understand how it could work for him. After determining his investment location – Cheltenham – he met with fellow Franchise Partner, Mike Dixon, who would actively build his property portfolio for him.
Simon added: “Mike is very easy going and we got on immediately. You could also see straight away how knowledgeable he was and that he would have no problem helping me get a successful property business up and running.”
The preparations for purchase mentoring were done via Skype and then Simon returned to the UK to attend the viewings and put in an offer. As it turned out, two properties were sale agreed within weeks and this is where Simon’s hands-on involvement ended. He still made all the decisions, but without any of the time investment.
While he was working overseas and managing his other businesses, his property investment business was gaining momentum in preparation for his return to the UK and still generating upwards of 8% returns after project and ongoing management fees.
“There are a lot of dodgy businesses promising to double your money and promoting underhand tactics, but I never felt that with PPP,” said Simon. “When I saw that years after my initial enquiry, PPP was still going strong and giving great returns, it only added to their credibility. As soon as I found out there was an opportunity for me to join, I jumped at it.”
Interested and want to know more about Platinum Property Partners?
The Platinum Property Partners profile outlines all aspects of their franchise opportunity and allows you to contact them for further information or to ask a question.
