Seven Properties and a £1.2M Portfolio

Steven continued, “Initially, talking about other ways of buying the properties (which weren’t easy for the vendors to take on board), meant that the first meeting didn’t go well.

“I wrote a 15-page book that looked at different strategies and how they work, and sent it to the vendors and asked for feedback, which they did with lots of questions and comments. The main questions were on Rent to Rent (R2R) and PLO and once I talked them through it, they came back to me with the idea of the PLO for the two properties.

“The end result is that my portfolio has grown from zero to seven properties, valued at £1.2m, but less than £20,000 invested. Therefore my return on investment (ROI) is in the region of 200%.

“On top of this, I have built multiple income streams through multiple companies. These include sourcing, refurbishments/maintenance/repairs, full estate agency (sales and lettings) and portfolio management/planning, BTLs and SAs.

“With the recent SSAS pension addition I’m building a legacy group of companies for the future.

“Touchstone has helped me in many ways and I’m looking forward to being financially free; and I’m almost there.”