Franchise Focus Climbing the ladder
Mike Anderson has financial security with his Platinum Property Partners franchise INVESTMENT LEVEL: £52,970
Mike Anderson
and help them purchase, adapt and let their own highly specialist residential property portfolio. Partners then get ongoing training and support to help them follow PPP systems and strategies to maximise their investment. PPP have assembled a network of the best independent professional advisors to offer guidance as required. The average property in a PPP portfolio generates £17,000 gross profit per annum from rental income alone. As the portfolio grows, so does rental income. It’s easy to see how PPP’s partners meet and exceed incomes of £50,000 and £150,000 each year. If you’re interested in replacing or supplementing your income and want to ensure your pension provision provides you with financial security, PPP can help you. It was a long overdue review of his pension plans that started Mike Anderson’s journey towards building a property portfolio. Following his departure from a high-profile role in an American automotive corporation, Mike took stock of his financial
W
ith Platinum Property Partners (PPP), Franchise Partners receive personal and intensive one-on-one mentoring to support
position as part of the process to determine the direction of his next career move. The results shocked him.
When he analysed his pension statements, it transpired that, after 20 years of contributions, it was worth exactly what he had paid into it. By contrast, Mike had his home valued for re-mortgage purposes around the same time and it transpired that the amount it had appreciated over the last eight years was double that of his pension investments. “It made me realise that I had to do something different – and quickly,” says Mike.
“I concluded that starting my own business would give me my freedom”
Another motivation for pursuing an opportunity in property and not going back into the corporate environment was a conversation with one of his children.
When Mike explained to his 11-year-old that he was looking for a new job, his son asked: “Dad, is this the job where you stay at home? I miss you.” Having spent the previous 20 years working 80-hour weeks and spending a considerable amount of time away from home, Mike realised that not only did his pension provisions have to change, but his lifestyle too. “I came to the conclusion that starting my own business would give me more freedom. Given that I’d also realised property was a viable option, I decided to combine the two.” Mike started to research the opportunities available. Thinking that buying into a franchise would offer a readymade infrastructure he started to explore franchises operating in the property sector. At this point, he discovered Platinum Property Partners. Within months of joining, Mike had completed his first property in Stockport and a second seven months later. With two properties renovated and fully tenanted, Mike bought his third in September 2011 and has completed one property per year since. Mike now owns five highly profitable buy-to-let properties with a portfolio value of around £1million and annual rental income of £160,000. Reflecting on the amount of equity he has acquired since becoming a PPP Franchise Partner, Mike says: “I would never have achieved this level of financial security if I had stayed within the corporate environment, paying each month into an underperforming pension. Now, not only do I have a healthy monthly income, I am also building significant capital by redeveloping properties.” He continues: “The best thing is that I now have a lifestyle I could never have achieved previously. My wife and I now have the time to nip for a coffee whenever we want and, if the family want to go on holiday, these days it’s a question of how long would we like to be away for, rather than can I get the time off.” Fill out your details using the following link and a member of the partner recruitment team will contact you:
http://bit.ly/bfm-feb n
PLATINUM PROPERTY PARTNERS
WEBSITE:
www.platinumpropertypartners.co.uk EMAIL:
info@platinumproperty.co.uk PHONE: 01201 652 100 CLASSIFICATION: Property investment
February 2014 |
Businessfranchise.com | 55
Investment: £20k-£50k
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96