Gemma Jones, partner at Portfolio Millionaire, talks about how investing in her own business has allowed her to enjoy running a company on her own terms
What is portfolio millionaire and how does it differ from other property concepts?
In a nutshell, Portfolio Millionaire helps you to build a property portfolio ‘the new way’. When most people invest in property, they are simply exchanging money (mortgage deposits) for cash flow and capital growth – it takes decades to build a portfolio this way and you run out of cash very quickly.
Using creative buying strategies that enable you to extract your capital (tax-free) from your investments means you don’t run out of deposit money and can continue to build your property portfolio.
What does your role entail?
I am a ‘partner’ and as a partner, we get priority and exclusive access to investment properties that have been rigorously vetted as well as full training and support in finding off-market property deals, we can keep them for our own portfolio or trade them on to investors which Portfolio Millionaire has on its books, and you are paid a fee for these deals, typically £3,000- £5,000 per property.
Why should entrepreneurs invest in a portfolio millionaire business?
Like any business, it requires dedication and some work initially, but if you are prepared to do this it can be extremely lucrative. Had I not invested in myself and joined Property Millionaire, I would still be in the rat race.
What kind of return on investment does it offer?
The returns are not instant and can typically take three-to-six months to generate a decent income.
What are the best and most rewarding aspects of running a portfolio millionaire franchise?
I can fit the property business around my personal life. I love spending time with my family and really enjoy not working 6.00 am until 6.00 pm to make ends meet.
But the best thing is I can operate this business remotely. Recently, I was in Dubai and my business continued to generate income as the systems are all in place to run the business.
At a glance
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