Platinum Property Partners franchisee praises business model’s flexibility
Published at 16/09/2020, Updated on 07/10/2020 , Reading time: 1 min
Simon Clarke joined Platinum Property Partners (PPP) back in January 2017 and has been able to manage his investments both actively and passively, depending on his other commitments.
Before Simon became a PPP franchisee, he was working between Sydney and Kuala Lumpur, and investing in fitness clubs across Australia and Malaysia. He’d had his eye on PPP for a while, and already gained some buy-to-let experience by renting out his own properties as he travelled.
After attending one of PPP’s Discovery Days and a meeting with the Director, Simon was sold. He joined the franchise soon after, completing the purchase mentoring process on Skype before travelling to the UK to attend property viewings. He was allocated a fellow franchise partner, Mike Dixon, who would manage his property portfolio for him while he was away. Simon explained:
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.
Over time, Mike developed the business, generating profits of eight percent after ongoing fees. When Simon returned to the UK in summer 2018, he was able to do the franchisee training and take over from Mike. Since then, he’s networked with other franchisees and been inspired to expand to properties outside the HMO sector. He’s also decided to delegate the management process to another franchisee and concentrate on making deals instead.
The great thing about Platinum is there are always options. I will have the passive investment I want, but I can also be as active as I want and play to my strengths. I would never have had the time or knowledge to build this business alone and now it’s taking me in all sorts of exciting directions.
Simon recommends PPP to any investors thinking about joining it:
There are a lot of dodgy businesses promising to double your money and promoting underhand tactics, but I never felt that with PPP.