Do you have at least 10 hours a week to dedicate to a new business venture and a desire to create financial freedom through property?
If the answer is yes, you may be suited to our active investment opportunity, the Platinum Property Partners Franchise.
Active investment means that you are hands-on in your business. In the case of property investment, this means that you are responsible for carrying out the following:
- Researching & sourcing investment opportunities
- Negotiating deals and the financing of those deals
- Refurbishing & letting properties
- Managing tenants
- Advertising/Marketing your business
- Paperwork and filing
- Bookkeeping
The amount of your time required will depend on how much you choose to outsource and how quickly you want to grow your business, but you should be prepared to dedicate an absolute minimum of 10 hours a week to it. This time commitment will rise at certain times, such as when a property is being refurbished and if you need to fill a number of rooms.
There are systems in place and support for all of the above, and because the Franchise is a systemised business package, you should be able to hand over much of the administration and lettings & management side to a property manager as and when you choose. PPP is about helping people achieve financial freedom by generating an almost completely passive income stream from property, so your time commitment should reduce within two or three years of starting your business, sooner if you choose.
If you don’t want to get involved hands-on or don’t have the time, then you will be better suited to passive investing. There are a number of options for making money on a passive investment basis, and these can be combined with an active strategy to help balance portfolio returns.
