The Property Vault Podcast - 036 - The Power of Passive Income with Pippa Mitchell

Unlocking Property Knowledge: The Power of Passive Income! Pippa Mitchell shares her transition from Project Manager to Property Developer  In this podcast episode, hosts Dan Hulbert and Amy Rowlinson  interview Pippa Mitchell, Property Investor and Developer, Luxury Property Manager and PPN Knightsbridge Host and talk about developments, serviced accommodation, networking and construction.  Pippa describes the moment when the power of passive income hit home. She was working late in the office on a rainy evening when she spotted her school friend Alex’s video on Facebook of his York  HMO conversion. Pippa knew that she had the ability to step change her future and shift her trajectory so she immediately sought out  property education. After a 3-day course, she straight out and found her first property deal literally on her doorstep.   Growing up, Pippa’s parents had taught her the practical elements of property from how to clean a loo to rewiring a plug. She recalls building cranes from meccano and how as a family they were always moving to houses which needed refurbishment. All of these experiences led to an inner confidence in property.   Pippa stayed working whilst doing her early development projects, working as a QS and PM for a developer travelling to Paris to  source beautiful pieces for the interior design. Pippa’s passion is working on the design elements creating beautiful schemes and was fortunate to work on The Shard apartments. She also worked on the façade retention of 20 Grosvenor Square which was an incredible project working with engineers on an extreme scale of design, detail and risk. Pippa now combines passive and active property-related income streams. She enjoys being able to take a decision and make it a reality.  What is the secret to successful property investing? For Pippa, it’s sleep! It is a game changer for her as she has now found a great rhythm in life being in control of her own schedule. Pippa has  realistic expectations of what she can achieve. It’s marathon not a sprint having fun and recognising key milestones along the way is Pippa’s mantra. Determined to break the mould from the traditional way of living, Pippa’s only regret is that she could have started  the compounding effect earlier and bought property whilst she was at university.  ABOUT PIPPA MITCHELL  With 10 years in the construction industry developing luxury properties in central London as Project Manager, Pippa has created both active and passive income streams through property to quit the day job. Over the past few years alongside full time work Pippa has built up her knowledge and experience in property investment.   Committed to being able to quit her job and make the same possible for her partner, Benoit, and sister Vanessa as well, together they have created an investment portfolio worth £1.3m, which includes their first commercial conversion that was completed last year. They have retained all but one of the properties that they bought to date building up their passive income.  Day-to-day, Pippa and Benoit run a property management company for high-net-worth property investors in prime central London, which specialises in delivering higher yields using the business model, serviced accommodation. They are currently looking for new clients. Pippa documents their business journey and progress on LinkedIn and Instagram and if you want to know more, please get in touch at  https://rentchelsea.co.uk/ Last but not least, Pippa co-hosts PPN Knightsbridge with Tej Singh of Tej Talks. Having built the event up over the last 18 months it's really exciting to have Tej join the event as they build it together to make it bigger and better than ever!  CONNECT WITH PIPPA MITCHELL: https://www.linkedin.com/in/pippamitchellproperty/ https://www.instagram.com/pippamitchell/  https://progressivepropertynetwork.co.uk/knightsbridge/ ABOUT THE HOSTS ABOUT DAN HULBERT Dan Hulbert is a property professional and strategic build partner to property investors with 17 years’ practitioner experience having started on the tools and then built his own portfolio. A builder’s knowledge combined with an investor’s mindset, Dan currently works with clients who seek professional advice within the areas of property and construction as a Build Consultant and Project Mentor. CONNECT WITH DAN HULBERT Dan Hulbert Instagram - https://www.instagram.com/dan_hulbert/ Dan Hulbert Facebook Page - https://www.facebook.com/OfficialDanHulbert/ Dan Hulbert LinkedIn - https://www.linkedin.com/in/danielhulbert/ Dan Hulbert - www.danhulbert.com ABOUT AMY ROWLINSON Amy Rowlinson has 14 years’ residential landlord experience and has built a portfolio of HMOs in the south. As well as continuing to build her property portfolio, Amy is a Coach and Mentor working with clients empowering them to discover the life they dream of by assisting them to make it their reality through their own action taking.  CONNECT WITH AMY ROWLINSON Book a Free 20-min Coaching Call with Amy - https://calendly.com/amyrowlinson/enquirycall Focus on WHY Podcast - https://bit.ly/focusonwhy  Focus on WHY Instagram - https://www.instagram.com/focusonwhy/ Amy Rowlinson Instagram - https://www.instagram.com/amy.rowlinson/ Amy Rowlinson Facebook Page - https://www.facebook.com/RowlinsonAmy/ Focus on Why Facebook Page - https://www.facebook.com/focusonwhy/ Focus on Why Facebook Group - https://www.facebook.com/groups/focusonwhy/ Amy Rowlinson LinkedIn - linkedin.com/in/amyrowlinson HOSTED BY: Dan Hulbert & Amy Rowlinson Disclaimer The views, thoughts and opinions expressed in this podcast belong solely to the hosts and guest speakers. Please conduct your own due diligence before investing in property.