IN BRIEF
Description:
Platinum Property Partners are offering you the opportunity to build an impressive property portfolio through this fantastic franchise opportunity.
Opportunities:
Franchise Opportunities available across England, Wales and Northern Ireland.
Business Type:
Franchise.
Minimum Investment:
£52,970.
Financing Assistance:
Yes, through a third party.
Training Provided:
Yes.
Home-based:
Yes.
BFA Associate Member: Yes.
VIDEOS
FRANCHISE ASSOCIATIONS
Franchisee of the Month
August 20, 2009
In 2006 Neil Mansell was working as a business development manager in the City, in a job which his boss had told him offered no real prospects for advancement. Just three years later, Neil has his own property investment franchise - a portfolio of twelve buy to let properties – works for himself, and is making over £130,000 a year gross profit, from rental income alone.
“On the one hand I can’t believe how far I’ve come in such a relatively short space of time, but, then again, you definitely get out what you put in, and I have put in a lot of time and effort to make my business work”, says Neil, who's currently in the process of buying his thirteenth property.
Neil’s father had been involved in property renovation and refurbishment, but it wasn’t until Steve Bolton, founder of the Platinum Property Partners franchise, explained to Neil how he could build and run his own portfolio as a viable business that he considered it as a real ‘employment alternative’.
| “Only being 30, I don’t often think about pensions but my future is already starting to look after itself!” |
Following some intensive one-to-one mentoring and ongoing support from Steve, Neil spent 14 months doing his ‘day job’ and working on building his portfolio in the evenings and at weekends. By early 2007 the rental income from Neil’s first three investment properties had replaced his salary, and he was able to quit his paid employment to concentrate on property full time.
When Steve and his business partner Nick Carlile franchised their buy to let property investment business model in July 2007, Neil became one of the first ten ‘foundation’ franchise partners (franchisees). Franchise Partners follow PPP’s tried, tested & proven systems and strategies to fast-track their success, maximising cashflow and capital gain. Ongoing support & guidance is provided by market-leading property, legal and financial professionals.
“The PPP franchise opportunity was a ‘no brainer’ for me”, says Neil. “Using their systems and strategies, and being able to access their support network has enabled me to grow faster and more profitably than I ever would have done on my own. Being involved in an organisation that is always seeking to move forwards and develop strategies in line with the shifting market means that I can continue to grow and improve my portfolio, taking best advantage of the opportunities out there.”
Neil’s current portfolio, worth over £3m, is made up of multi-lets - where individual rooms are rented out to young working professionals on an all-inclusive basis – and single-let properties bought at substantially below current market value. He employs two staff, which frees him up from the day-to-day running of the business.
Says Steve Bolton, “Neil is incredibly committed, business-minded and creative, and his success is absolutely deserved. For the past year, he has also been working for PPP internally, sharing his expertise by mentoring new Franchise Partners, embracing the company ethos of giving back. He’s become a close friend & business colleague and is a very valuable member of the franchise community, showing others what can be achieved.”
GREAT! WHAT'S MY NEXT STEP?
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