For Nick and Gré Duthie, Platinum Property Partners has certainly delivered on its promise to provide an income for life without the lifelong commitment; yet they want to stay part of the franchise. Why?
The Alumni Mastermind Programme offers a flexible and affordable way to remain knowledgeable and competitive in a challenging sector, while enabling them to stay part of an invaluable network of friends and colleagues. So the real question for Nick & Gré was - why wouldn’t they?
More than six years ago, Nick and Gré joined Platinum to securely replace their income from a successful career in banking. Selling some assets to raise the capital needed to get started, they quickly built a portfolio of four Houses in Multiple Occupation (HMOs) across Cambridge within three years, achieving an average of 15% return on investment.
Happy with the level of income they’d achieved and in no rush to re-mortgage and expand their portfolio, they took advantage of passive commercial property investment opportunities that were available to them as PPP Franchise Partners.
Come 2018, their franchise agreement was coming to an end and they had two choices - leave Platinum with their business, profitable assets, 100% of the income, no subscription fee, knowledge, experience and great memories; or stay with PPP while retaining their business, profitable assets, 100% of the income, a small subscription fee and chance gain more knowledge, experience and special memories.
It wasn’t a hard decision for the couple to make.
Having already seen huge value for money over the years, the opportunity to remain part of the network as Alumni Partners and receive all the benefits for a nominal fee was too good to miss.
“Nobody will completely understand how invaluable being part of the Platinum franchise is until you face the choice to leave,” said Nick. “The training and knowledge gained is top class, but also their proactiveness in ensuring we are on top of legislation and competition in addition to their ability to motivate you.”
Armed with integrity and belief in herself, Valerie has gone on to build a portfolio of seven HMOs with Platinum Property Partners.
After joining Platinum at the start of the pandemic, Dominic is already eyeing his third HMO property
“I couldn’t have done it without the mentoring because my career was in IT and application development"
Previously an international gym franchisor, Simon Clarke joined Platinum Property Partners in 2017 and now has 2 HMOs
Agnes and Jonathan Goodall's goal was a greater return from property than corporate life in Teesside.
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In the summer of 2014 Andrew & Christina Wallace sold their beloved family home, of more than 20 years, to become professional property investors.
Giles is a Platinum Property Partner from Poole, who wanted to double his six-figure income from property wthin three years.
Ed Bembridge joined Platinum Property Partners in November 2013 after starting his own property portfolio.
We can't imagine trying to navigate the uncertainty of the COVID-19 pandemic without the help and support of Platinum and the other Franchise Partners. Feeling part of this community is very special to us.Alex and Emma - Franchise Partners
No one can join PPP with all the necessary skills and experiences. You don't have to. You will be mentored to achieve things you don't know how to do regarding terms of purchasing property, refurbishing property, finding tenants and operating your houses.Mark Ridout - Franchise Partner
COVID-19 has really stress tested the model, we've seen it in action and it's given us confidence that it's really robust for the future.Paul Reynolds - Franchise Partner