At Lifestyle Property People we aspire to make property investment accessible and understandable to professionals living in the London area, which is pretty handy as our team is made up of professionals living in London. This lovely synergy allows us to build fantastic and long-lasting relationships with our clients. And so we thought, for the next two weeks, we would devote our blog to an overview of the founders of our business: two couples – who want to help you achieve financial freedom so you can spend time doing the things you love. Meet the first pair of this dynamic duo: Shiv and Jaina.
I grew up in a traditional, hard-working household. My parents worked most of their adult lives in our family-run Electrical business. However, they had neither the time or the foresight to really plan out their finances and in 2011, while opening some post for them, I got to understand the reality. Suffice to say, they were not in as good a position as our lifestyle at the time would have indicated.
Initially, I was angry that they hadn’t realised that their spending habits were not sustainable, but we quickly came up with a strategy to track and cut spending on everything from groceries to electricity, from entertainment to petrol. This coupled with a few clever tricks and some time, helped them to repay some debt and re-balance the finances.
However, just when it was all starting to look positive both of my parents suffered a heart attack, which took them out of work for a considerable amount of time. Seeing them suffer again, gave me a serious wakeup call and I started to consider how they would be able to live once they retired and their income ceased. That’s when I really began to understand the importance of a Passive Income.
Following a coincidental conversation with Jaina, we both became obsessed with the idea of Passive income streams through low risk avenues, such as property investments. After reading every book in existence on the subject and investing thousands of pounds on courses to learn from the best in the industry, in 2014, we began investing in the Leeds property market. Our aim was to become financially independent so we could help support our families and live the life that they could only dream of.
It took some time until we felt confident enough to purchase our first property, but given our immediate success, we purchased another 9 within the first year and have never looked back!
Even after all this time I still get a buzz from seeing the rent pop into my bank account, especially when I know that it will get paid regardless of whether I get up today or not. In fact, even now, 4 years on, we still high-five each other every time we get paid!
With a strong desire for success, I studied Chemical Engineering at university before working as a Process Engineer in the Oil and Gas industry for a number of large engineering companies. This experience gave me invaluable insights into teamwork and initiative. However, as time went doing the same thing day in, day out, I started to feel really unhappy and unfulfilled in my career.
I was stuck in the rat race and found getting out of a bed on a Monday morning increasingly challenging. I just knew that I wanted FREEDOM- I wanted my time back, to be able to choose what I do, when I do it and not have that dictated to me. Not only that, but I also really wanted to make a difference in the lives of others and my job was preventing me from doing this. My ultimate goal is to make a difference, no matter how small to the lives of others.
Thankfully, the universe threw me a helping hand, when out of sheer desperation I pulled a ‘sickie.’ I was having breakfast, watching Homes Under the Hammer and was truly amazed at the number of relatable and normal individuals who, despite never having bought homes before, bought properties at auctions, were able to refurbish them and sold them for profit. Often substantial. And I wanted in. So after reading countless books on property investment, Shiv and I got hooked on the topic of property investment. Inspired and armed with theoretical knowledge, we slowly began investing in property in 2014, and more specifically in the North, where returns are high and property prices are cheaper in comparison to London.
The investments allowed me to build a passive income stream, which eventually replaced the income I was earning from my job. Whilst it hasn’t always been easy, starting this journey in investment has been the best decision I ever made. Starting Lifestyle Property People with Akash, Sameera and Shiv was the next logical step as it enables me to fulfil my need to help others that are in a similar point in their lives as I once was.
If our stories have inspired you and you’d like to find out more about how we can help you get started on your property investment journey, why not book in a free consultation at a time that suits you.