#StopPonzisInProperty - Matt Siddell talks about staying safe when Investing


Manage episode 244777960 series 2441077
By Tej Singh. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Matt started a campaign to raise awareness amongst our social media contacts of the pitfalls / traps set out by the unscrupulous players that pervade the industry, those that borrow money they cannot repay and those that offer returns that do not reflect the risks.

He will share short pieces of advice and some of the surprising ways in which developers have parted investors with their money.

These loans make it harder for the good people to do good business but also these operators are hurting people and their families and we must stand up to them and educate our friends and families.

Some background info on Matt:

An entrepreneur at heart with an economics degree from the University of Manchester, Matthew established Kin in 2001 after spending three years in financial services. Matching heirs to unclaimed inheritances, Matthew grew his first business to a team of 45 and traced heirs to estates exceeding £100 million in value.

Seven years later, and with the world of property beckoning, Matthew established Opulen in 2011. While building a portfolio in Reading, he also broke ground on the London market, managing projects for clients and himself with works that included refurbishment, basements, extensions, loft conversions and cinemas in a mix of Georgian, Victorian, Edwardian and Grade II listed properties.

In 2015, Matthew started PPN Knightsbridge at the Royal Thames Yacht Club, which became the flagship event of the Progressive Property Network franchise and inspired others to follow suit.

With a wave of momentum behind him, Matthew established Qandor, where his ambition is clear: to create an environment where developers, investors and business owners regularly and exclusively interact with the aim of collaborating on existing and new projects upwards of £1m in value.

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308 episodes