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?
- JOINED PPP – September 2013
- PREVIOUS CAREER – Banking
- PORTFOLIO LOCATION – Cambridge
- NUMBER OF HMOS – 4
- BIGGEST BENEFIT – Lifelong income
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.
AN EASY DECISION
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.”
Would You Like to Know More?
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Add to Request List There is no cost or obligation associated with this service.Key Facts:
- Available across the UK
- Franchise
- £300,000
- Yes
- Yes
- Yes
- 379
- 2007
- Yes
- Member - Established
