James Murphy: Helping Novices Grow A 6 Figure Property Business From The Ground Up

In 2014, with hardly any experience, James Murphy started his property investment journey with two properties he didn’t own.

Murphy and his wife Stephanie knew they had to make a change; their growing family was stretching their finances and they wanted to find a way to supplement their income that didn’t take them away from their kids and loved ones, but still offered the flexibility and worry-free lifestyle any parent of young children craves. When they came across the concept of being able to leverage properties they didn’t own by leasing properties through landlords and upgrading the lodgings themselves, they felt they had found an answer.

In three months, the Murphy’s investments yielded more than their combined household income, enabling them to scale their venture and develop over six million pounds of property they already own, all while leading an expert team of United Kingdom-based staff.

Now, Murphy is determined to train others to follow in his footsteps. Through property investment training, coaching and mentorship, his Property Scale Up Accelerator teaches participants how to grow a property business and portfolio without owning any property.

“It was a massive wake-up call for us”

“We started off with 5,000 pounds*,” Murphy said. “We leased apartments from landlords and turned them into service apartments, charging more on a nightly basis and then paid what we needed to pay to the landlord. That was the basic principle.”

Without any investors, this was a risky gamble; Murphy was putting up his family’s money as an investment in this venture, not even sure if it would pay off.

“We’ve never had any investment funding,” he said. “We never seeded the growth of the business. We just put 5,000 pounds* down and acquired a couple of properties. Then later we acquired another four, and then we managed to convince [the landlord] to give us the whole block.”

Out of those investments alone, Murphy and his wife were bringing in between 6,000 and 10,000 pounds* a month. This was a welcome surprise to Murphy, who never dreamed such a small venture with very little backing could make…