Process | PN Partners

"ANYONE CAN ACHIEVE CERTAIN RICHES

BUT ONLY THE EDUCATED

BECOME WEALTHY

AS TRUE WEALTH IS A SYSTEM & A HABIT OF ACTIONS"

Our Process

Personalised Consultation

At Property Network Partners, your consultation is not just a simple meet & greet session and is a crucial part of the process as it forms the basis of all your future steps. We really want to get to know who you are, were you are currently at financially and discuss in detail your financial goals and dreams. Our consultation is designed to provide a stress free experience with no high pressure tactics allowing you to really engage and express your concerns around things like becoming mortgage & debt free and planning for a comfortable retirement .

During the consultation, it is entirely up to you to engage in our services. At Property Network Partners, we operate differently to other agencies as our service is based around time & results. Our engagement letter is an authority to act on your behalf for searching, evaluating and recommending sound property options within 30 days. During this time, your finances are being assessed to get you market ready so when an opportunity presents itself, we are ready to take action.

It would be ideal if we had great property options at hand at all times, but in reality this is not the case. The 30 days in most cases gives our team ample time to "cherry pick" sound investment opportunities for our clients. There may be times where this process may take a little longer, and while we do anticipate this scenario, our primary focus is to find a property that fits within your budget & satisfaction.

Strategy & Assessment

At Property Network Partners, we work diligently to ensure that any risks associated with owning an investment property are professionally presented and explained. Like any other asset class or investment, real estate is no different and carries certain risks that need to be considered in your property strategy - such as a rise in Interest rates or loss of income.

The Finance Broker & Strategist will work with you to determine the correct loan structure, your serviceability and borrowing capacity and get you market ready. A mortgage reduction and loan plan will also form part of this service.

This leaves you with a safe and balanced strategy that will help you to reduce your income tax, pay off your mortgage faster, retire quicker, and enjoy the things that matter most to you. Property Network Partners take a conservative and risk-averse approach to investing. We encounter many first time investors who are eager to enter the market but are influenced by factors that hold them back, such as:

Busy and time poor
Don’t know what investment strategy is best for them
Not sure where to start
Overpriced property
Fear of under-performance of asset
Don’t want to be tied down to a second mortgage
Fear of losing their job
The tenants from hell

These are quite common and legitimate concerns even for the seasoned investor let alone someone who is just thinking of entering the market for the first time. At Property Network Partners, our process is to not only cover these factors, but more importantly, ensure that our clients are comfortable with the principles and mechanics of investing before we even consider going to the market place.

Property Research & Due Diligence

At Property Network Partners, we are a firm believer in diversification and providing the right property option in the right location. Strategy is as unique as you are, so is the selection of the property type which is a function of your desired outcome.

Our research and advise is based on a model of mixing different property investments like negatively geared property and positive cash flow options. This methodology is a proven system which lowers the probability of seasonal fluctuations in the markets. Our property options include House & Land, Townhouses, Land only, Duplex & Dual Income which creates a great balance between capital growth & moderate to high rental yield.

There are many factors we consider when looking at investing in Real Estate. Most important factors and drivers we seek when recommending a sound investment option are:

1. Supply & Demand

2. Economic Factors

3. Market Cycle & Trends.

4. Demographic Data

5. Location & Proximity to amenities

6. Market Data

7. Suburb Gentrification

8. Surrounding suburbs

Evaluate & Acquire

At Property Network Partners, once our research & diligence team have considered your individual goals and aspirations and matched a selection of sound property options in line with your budget, your Advisor will then shortlist and evaluate those options one-on-one with you. We will visit these locations to view the surrounding environment ~ facilities ~ amenities ~ quality of the neighbourhood ~ access to public transit systems ~ neighbouring suburbs ~ current and future infrastructure & development projects ~ the property’s level of security & privacy ~ vacancy rates and yields ~ whether the property is suited to current and future demographics.

Your Advisor will also construct a thorough Cash Flow Model & Investment Analysis Report to see how the property weighs up with current economical factors in 2, 5 & 10 years from now as well as taking into account projected values for things such as interest rate rises, vacancy rates, loss of income and other variables.

Investing in residential real estate needs to be treated as a business first and foremost and all variables need to be taken into consideration before deciding and acquiring property. Once we have met our client’s brief and the property has passed our selection process, we can then start the acquisition process with a Reservation Request, taking a specific property off the market subject to the finance and an independent valuation.

Rental & Hand-over Services

At Property Network Partners, we will work with our clients beyond the transactional phase with support such as building and handover inspections, pest control, depreciation schedules & property management services. Acquiring an investment property does not just start and finish with research, strategy and the purchase of your property, there is so much more to attend to post-settlement.

We recommend and work with industry leaders in their specific field and will always recommend independent services for unbiased advice, a stellar record and reputation for outstanding services, as well as outstanding customer service. Being a nationwide platform of network partners, it will not matter whether you are seeking a property manager in Victoria or a quantity surveyor in Brisbane, we will always without compromise recommend independent specialist dedicated to our client’s needs and requirements.

Conveyancing & Insurance

When purchasing an investment property or a principle place of residence, your conveyancing requirements need to be met and executed by a conveyancer or law firm who practice in the same state, have multiple offices Australia wide or work in conjunction with another practicing firm. This is because property law is state based and different customs and practices have developed on a state to state basis. A common example is the different levies of stamp duty payable from state to state.

When it comes to landlord insurance, Terri Scheer is Australia's largest and part of the Suncorp Group. More than 8,000 property management offices across Australia offer Terri Scheer Insurance cover as part of their all-inclusive service to landlords for this reason. Landlord insurance offers the best protection to your property against problem tenants and peace of mind while protecting your income stream at a nominal tax deductible amount.