From delivering property investment finance strategies to trusted property partner.

We welcome you to Portfolios. When it comes to property investment and finance you can rely on us as a great source of knowledge, real life wisdom, cutting edge information as well as a sound community base of active property people to help you grow your property portfolio.

With Portfolios - Property... Make it Happen

Renovating For Profit
You’ve watched the lifestyle shows, dreamed of buying the do-upable dump and making a good return out of it.
All over the world people take on projects to renovate and make money from property. It is contagious, both challenging and rewarding.
But what happened to making the dream a reality?
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Portfolios is proud to be associated with Cherie Barber and Stephen Tolle and the Renovating For Profit team. It is a unique community of people that buy houses, do them up and sell them – for a living. The amazing thing about this community is it is made up of ordinary Australians like you and me. There are some who wouldn’t dare put a lick of paint on a wall or pretend to be the carpet layer, tiler, sparky and plumber all in one.
In fact most of these people are simply great project managers, I will come back to that later.
Renovating property is a rewarding experience that, given the right tools, structure, strategy and financial platform, will give you a very fulfilling career or some extra income.
I personally complete 2 -3 projects per year, look after the Portfolios group businesses and along with meeting our wonderful clients that is my plan. Business will give you a lifestyle, your deals will give you your financial wealth.
(sub headline) So how can I help?
When looking into renovation project there are plenty of aspects to consider.
The main 3 are: Structure, Strategy and Finance, other fine print considerations for you could be:
1. What is your exit strategy?
Are you going to renovate and hold or renovate and sell?
Always be prepared when you have to hang onto the property that you have the capacity to hold via income or equity.
2. What is your costs and profit margin?
Understand the kind of gains you can make and manage your improvements accordingly. Knowing your numbers for buy, renovation and end sales price are critical to success.
4. What improvements/ works do you need to make?
Are you just making cosmetic changes or major structrual or even extending the property?
Firstly make sure you can make the changes you want to – check with council and look at similar properties.
Your due diligence is your chosen area will make sure you know what is desired and the end sale price for delivering that to the market.
As you make more an more deals this job will get easier because you will be able to estimate better yourself. But in the mean time surround yourself with professionals. Dont be afraid you will be helping their businesses too.
5. What is your contingency?
I see too many developers, renovators and property investors that come in with a conservative estimate on improvement works and do not consider an contingencies.
Lets face it there are many and varied factors to property projects, allow in your plan to cater for these.
6. Become A Project Manager
Project management 101 – manage your project closely – watch your progress, scope and budgets.
Timing is also critical so use a program to manage day to day activities who is where when – what needs to be completed to allow other works to take place on site. And like your contingency build buffers into your program – rain delays, holidays, slack contractors.
7.  With each deal it gets easier
When I started out – like all of us – I made mistakes but in each case I have learnt far more from them,now I have the privilege of helping people avoid the mistakes I made, saving them valuable time and money.
There are aspects of this business that you will always rely on others to solve for you but increasingly you will be able to take on aspects of the deal yourself based on your growing knowledge – you will become more astute and will see potential everywhere.
(sub headline) Financing The Deal
So the deal looks good and you have done your due diligence, what now.
Make the time to work with the Portfolios Team on your plan, whats possible, the project, structure, strategy and then we can work on finance options.
We can even show you strategies how to finance the deal using other people’s money and time.
First things first complete our Portfolio Review and we will work with you through the steps to becoming that Professional Property person.
Make It Happen – you’ll love it.
Paul Pritchett

You’ve watched the lifestyle shows, dreamed of buying the do-upable dump and making a good return out of it.

All over the world people take on projects to renovate and make money from property. It is contagious, both challenging and rewarding.

But what happened to making the dream a reality?

Your Own Investment Property From $32 per Week
What if you could own your own investment property from just $32 per week? You could be realising return on invesmtent in excess of 700%
Portfolios investment property of the month is Chinchilla.
Chinchilla, located in the Surat basin Region is undergoing a massive build up of workers and their families, with a strong capital growth over the last 3 years and with the newly signed LNG deal with China this is a place to buy.
Chinchilla is located about 200km west of Brisbane with ever increasing job opportunities. Tightening rental availability has driven up rents sharply and will continue to do so.
The region has hospitals, schools and many amenities of normally much larger towns. Over $10 Billion being spent on Coal mines, a gas pipe line, rail links, gas exploration and waste water purification projects.
The government is also investing in rail in the Darling Downs, linking this region and its rich, diverse production with export ports such Gladstone.
According to investment sources the region around Chinchilla enjoys a 98% employment rate and a rental vacancy rate around 1%.
If you earn over $80,000 per anum we’d love to talk to you about this deal. We have turn key, brand new, four bedroom homes ready to be tenanted today.
If you earn under $80,000 then you might find this deal to be worth while with low property price entry, expected capital gains and expected rental hikes in the coming 12-24 months.
Chinchilla presents a great opportunity. You can view this and other properties in this region at www.portfoliosproperty.com.au or just go to Featured Properties.

What if you could own your own investment property from just $32 per week? *

You could be realising return on invesmtent in excess of 700%.

Understand Your Strategy, Then Check Your Loan Exit Costs
With the average loan for an investment property being refinanced every three years it is little wonder the banks have introduced fees to make you think twice about moving away from them.
Loan exit fees have become common place in the mortgage market. Today very few banks provide loans without them. But it hasn’t always been the case.
Lenders exit fees serve to discourage people from refinancing to other banks – or even with the same bank. They are designed to keep customers as long as the bank can.
The challenge for banks is that most home loans do not make as much profitability in the first few years as they do in the ensuing years. Banks need to recoup profit if the customer chooses to exit early.
Fees can range from $400, an average of major lenders around the $750-$1000 mark with non-bank lenders charging a percentage to exit of around up to 2.5%.
Whilst we dont necessarily agree with these exit fees it is something we have work with developing your strategy.
What you need to understand is your strategy affects the loan options and it is far more than just the interest rate.
At Portfolios we understand all consideration of your deal and the associated loan/s which is why we aim to offer up to three loan options into your strategy each with its own profile and considerations. Make sure you take the time to review and discuss.
For example if you are purchasing to renovate and sell  quickly  then we will offer up to 3 loans that typically would have  lower exit fees for great profitability in your deal.
However if your strategy is to buy and hold the property then the early exit fees are not so much of a consideration.
Portfolios will work with you to develop the right strategy that includes Structure, Strategy, the Property and Finance.
If you wish to look at your options and get started complete our FREE Portfolio Review and we will be in contact with you shortly.
Portfolios looks forward to working with you to …Make it Happen.

With the average loan for an investment property being refinanced every three years it is little wonder the banks have introduced fees to make you think twice about moving away from them.

Loan exit fees have become common place in the mortgage market. Today very few banks provide loans without them. But it hasn’t always been the case.

Will the market go up? Will the market go down?
Will it stay exactly as it is? What is happening out there?
Without predicting the next market movements lets talk about the state of play.
Currently in Australia the economy is looking good, growth is abounding, people are sensing a greater level of confidence in the market as evidenced in the following news article. (http://www.smh.com.au/business/prosperity-on-rise-as-economy-shows-signs-of-recovery-20100321-qo40.html) CommSec’s National Performance Guage shows that those who owned shares and property have increased their wealth by 8% in the last year and 40% in the last decade.
The way I see it there  are two sides to the property market – what is going on locally and what is going on globally. I just want to focus on the local market for now.
The Australian Economy is performing well. Growth indicators are up, interest rates are climbing in response to strong economic growth and there has been a considerable jump in house prices.
In the favour of property investors is the growing housing shortage facing Australia. It is predicted that Australia will need an additional 800,000 properties than it is currently supplying if nothing changes between now and 2030. This is a phenominal claim, and even if something is done this is great news for property investors.
A shortage of properties means great potential capital gains, as well as increased rentals driving more cash flow positive property, or at least swallowing the gains in interest rates.
Finally, on the economy, banks continue to be tight in their lending – so getting money for that investment property is a challenge without someone like Portfolios to work for you. We have sound long term relationships with a number of banks and financial institutions , with our level of understanding of the finer details of their policies and ways we can often help you where others cannot.
So boom or bust – the age old question is when is the right time to buy, but a long history of capital growth has taught us that now is always the right time to buy in the long run.

Will the market go up?

Will the market go down?

Will it stay exactly as it is?

What is happening out there?

Spending More Than 30% Of Your Income On Your Own Home?

Join The Queue…
What would you say if we said we could help you pay off your home loan in 6 years by buying investment property?
Do you know there are strategies you could be following that could be leading you to financial freedom while paying off your house sooner.
A recent report put out by PRD Nationwide notes that Australian households now need on average 29% of their income to service the average home loan.
There is a significant impost on already cash strapped families, and with rates set to rise – we believe at least 0.5% over the course of 2010 – affordability can only get worse.
Firstly what does this do to the property market?
The first affect could be slowing the rate of people purchasing property – putting pressure on home prices but also then placing upward pressure on rental as more people entre the rental market.
Secondly it can slow the price of houses as people choose to stay away from property.
Australia does continue to face a chronic shortage of dwellings, effectively insulating us from the risk of downward prices to the extent seen in the USA or the UK. However, as people baulk at the cost of owning a home this could pressure the property market somewhat.
But we believe – the astute buyers can still make money in the property market in Australia, both in rental returns in tight markets and in many capital growth hotspots around the country.
Don’t let the cost of home ownership fool you – we can show you ways that you could own investment property and pay off your home much faster than you are doing now. All without affecting nor using any of your household or job cashflow.
By leveraging some of the equity in your home, people can purchase property, and if properly structured through tax savings, deductions and restructuring finances save yourself time and of course money on your home loan.
I would love to have the time to be able to show you our strategy for saving you money on your home loan and at the same time increasing your investment proeprty portfolio, so why not give me a call and I’ll show you how in your situation.
Make It Happen
Paul Pritchett – Founder PortfoliosSpending More Than 30% Of Your Income On Your Own Home?

Join The Queue…

What would you say if we said we could help you pay off your home loan in 6 years by buying investment property?