Testimonials

"Thank you very much - we were both very pleased with how 86 Barnsley Rd is looking now - we stopped by so I could have a brief look around the outside after we left on Tuesday - and I'm very happy with it. Well done with managing a successful refurb!"
Warren Burgess, Director BP
"Just wanted to say a huge thank you for the Photo's and details of the portfolio, they have been brilliant"
Simon Baddeley, Senior Recruitment Regional Director
"The enthusiasm honesty and passion shown by Nick and his team regarding this property investment opportunity shone through"
Michael Plaza, Affiliate Business Owner
"You really have got great people there and they are so efficient and helpful it’s so nice"
David Hunt, Investor
"What stood out most was the energy level in the office - you clearly have a great team, that gave us confidence in PPB's capabilities for managing property portfolios."
Warren Burgess, Director BP
"PPB is a great investment. I have properties in the South East with lower yields and it wasn’t rocket science to look further north for better returns"
Jeff & Catherine Lawton
"The unique opportunity to buy below market value, coupled with the extensive knowledge of the team, makes me very confident in my investment."
Katherine Newman, Civil Engineer
"Investing in Portfolio Builder was an easy decision once we realised the leading returns that it delivered."
Paul and Linda Cronin, IT Executive
"When I retire the income and capital growth continues. It’s very enjoyable to create something that can run and run."
Henri and Angela Botha, Ex-Dentist
"It was easy to recognise the potential of a passive investment . We have been really happy with the service and very impressed with the team in Yorkshire"
Thomas Clarke, Business Owner and Entrepreneur
"This investment is allowing me to spend much more time with my son without worrying about having to work."
Gerard Scannell, Ex-Warehousing Director
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Platinum Portfolio Builder Review – Dale Atkins

casestudy-info

PPB client launches into property with a quad portfolio and an apartment block!

49-year-old Dale Atkins ran his own specialist security software company for twenty years. Having sold the family-owned business to a PLC, he was keen to look for new investment opportunities and was drawn to property. Lacking experience in the sector proved a barrier until he came across Platinum Portfolio Builder. With no desire to dabble, Dale has invested substantially in a property acquisition program consisting of a quad portfolio and a multiple occupancy block, facilitated by PPB. Here, Matthew Pigott talks to Dale about his step from software into bricks and mortar.

Tell us a bit about you background
In 1988 my family and I established a software company developing niche applications for special operations for the police and military forces. The work subsequently took us into managing major events such as the Abu Dhabi Grand Prix and the Olympics. We sold the business at the end of 2007, but I stayed on for a transitionary period, leaving about a year ago. I’ve done some consultancy work since then, but wanted to get my teeth into something new and property was the thing that appealed to me most.

How did you go about getting into the property game?
I attended a couple of franchise shows and came across a franchise related to property investment. However, it was a very hands-on approach, whereby you manage your own properties, with guidance from the franchisor.
It was while I was carrying out due diligence on that particular company that I came across Platinum Portfolio Builder. When I weighed up the financial projections of both opportunities they both delivered similar returns, but PPB won the contest by virtue of being a passive investment, which would give me free time to do other things.

Did you know much about property investing at the time?
No, but I was serious about doing it and wanted to avoid all of the pitfalls and mistakes that novices are almost certain to make. So I spoke to Nick Carlile, the founder of PPB, and arranged a meeting.

What I discovered was that Nick and the people in his team are seriously on top of what they’re doing. They’re true professionals that inspire confidence. The company wasn’t advertised as a get rich quick scheme, and I was comfortable with the way it operated.

What most attracted you to PPB’s proposition?
Firstly, I was confident in its ability to buy, build and manage my portfolios. On a gut level, I felt that it was a company I could trust. The team has excellent local knowledge and the buyers possess impressive negotiating skills that make up the powerhouse of the business. I also liked the fact that Nick was happy to accommodate my ambitions of fast-tracking me with a quad portfolio rather than just a single one.

I think a lot of investors look at PPB as a way of gradually building up to something that will act as a pension replacement, but I wanted something to replace my income in the nearer term. To achieve that, I knew I would have to ramp things up a bit. In my initial discussions with Nick, I told him that I was interested in the larger investment opportunities called HMO’s (houses of multiple occupancy), which I knew could generate more income.  As luck would have it Nick informed me that PPB was looking at moving into that market at some point in the near future.

Since our first discussion my plan changed slightly, after Nick took on a new member of staff who has a background in acquiring larger properties, including blocks of 12 or 16 apartments. So rather than take two years to get twelve or fourteen individual properties together, I’m able to achieve pretty much the same outcome in a single deal. So that’s something that I’ve now added, through PPB, to my existing investments.

So this is a business for you rather than a pension plan?
Naturally it will provide for me in the future, so you could call it a pension, but I also want it to support me here and now. The rental yield will achieve that. In addition, the underlying investment will continue to grow over time. I’ve had a history of making other investments, predominantly in stocks and shares, but they’re up one minute and down the next, and I don’t want to have to manage that sort of volatility. I see investing in property through PPB as a much more sensible and stable way of doing things in the near, medium and long term.

You talk about stock market volatility. Do you see any inherent risks in property investment?
You can’t be naive about any investment, and I suppose the main risk is that there could be another property collapse. That doesn’t worry me though, because the rental income is the main driver for me. I’m not worried about voids either, because apart from PPB having a great track record for finding tenants and managing that process, my risk is spread across a wide portfolio. It’s not as if I’m putting all of my money into a single property that will leave me with zero income if I don’t rent it out. The approach I’m taking is more about a higher volume of small payments.

You’ve invested in property through PPB. What’s in it for them?
The company charges a fee to go out and source properties. They also charge a percentage for managing the properties and finding tenants etc. But, I hasten to add that you’re not tied in with PPB here, which is something that, for me, engendered trust. It demonstrates that they have complete confidence in the services they provide.

PPB also has an equity stake in the properties; however, there isn’t any contractual obligation to sell them at any time. On the contrary, PPB encourages its clients to hold on to their property. That said, if you do decide to sell, PPB gets 25% of the net equity. Again, I see that as a good thing; it’s a real incentive for Nick’s negotiators to try and secure the best deals they can. And their track record speaks for itself here, because almost all of the properties they’ve acquired have been for at least 25% below whatever the market value was at the time.

All in all, I think PPB’s business model is excellent. And for people who are new to the property market and want to invest without making mistakes, it’s ideal.

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