1. Introduction to the OHL Group Services
One of our property consultants will sit with you and determine your specific needs - what you’d like to achieve and how we can help you get there. We will outline what services OHL offers and determine how we can provide you with the most assistance in your journey to financial independence or wealth creation.
2. Financial Assessment
The financial assessment is an exciting part of our process because it is about setting your financial goals and working out where you would like to be financially, how long it will take you to get there, and what are the fastest as well as safest vehicles to use in the current economic climate.
We will get an initial snapshot of your financial situation, how much equity or cash you have available and what income and debts you have. Clients are often pleasantly surprised to find out that they have a lot more equity in their homes that they had previously anticipated and therefore a lot more borrowing power.
3. Select the Right Property
Selecting the right property is the most enjoyable part of the investing process since you have a number of choices in regards to property type and location. The OHL Group owns a number of different house type designs that are specifically tailored and oriented for particular blocks to maximize energy efficiency and the use of space.
Our research department has also done a lot of homework into locations around Australia that have potential for a lot of capital growth, attractiveness due to lifestyle features, heavily invested in infrastructure facilities, and experiencing a population growth.
At this point your property investment consultant will work with you to select a design of your choice and arrange for the Contract Admininstration Team to do all the necessary back end work in relation to the needs of the project.
The Next Step to Finding the Right Property...
For more information on different types of property, call us on: 1800 212 363 or email us your question.
4. Land Settlement
Very soon after the formalities and legal processes and financial requirements are complete, your land will title and should settle very shortly after that. This will require that you have put down a 5% deposit to hold the land and your finance has been approved to enable you to settle on the block. Our legal team will have walked you the whole process so you will know exactly what to expect and when to expect things to happen.
You may have even chosen a block that has already titled, therefore construction can commence without hesitation.
5. Construction Process
Shortly after the settlement of the land, the construction process will begin. Prior to commencement our builders will contact you to outline the process to ensure your expectations will be met. Generally, the construction period will take between 6 – 9 months to complete depending on the builder you choose.
Our Contract Admin Team will notify you of the progress of your project and email you photos as the major construction milestones occur to your property. You don’t need to do a thing, and of course there is always someone available if you have any questions along the way.
6. Property Is Completed – Perform Independent Inspection
Once your property is close to completion the OHL Contract Administration team will organize for an independent Building Inspector to go through the house with a fine tooth comb and provide a report on the quality of the workmanship. Since we use the most reputable builders, it is very seldom that defects are found but if they are, the builder is then required to rectify and correct all issues before we hand over the property to you. One of our OHL team members also attends the inspection and we also invite you to attend as well, if you wish.
7. Organise a Tenant
A few weeks before the property is handed over to you, signed sealed and delivered, the OHL Contract Administration Team will contact one of our recommended Property Managers so that advertising for a tenant can commence. It may take about 2 – 3 weeks to find a good tenant so we like to start the advertising before the house is complete.
Generally new houses attract tenants straight away and people are prepared to pay that little bit extra because most people prefer to live in a new home. If you already have your own Property Manager, they can be updated on the tenanting and handover process and can get introduced to our team prior to your house completion.
8. Handover Celebration
Your house is finally complete, Woohoo !!!! It’s time to celebrate with a bottle of champagne and some goodies from the OHL Office. Now, how easy was that…and you have a brand new, modern and stylish 4 bedrooms, 2 bathrooms home in a highly sort after location that is destined to earn you great capital gains and excellent rental returns. You are on your way.
9. Measure Capital Gain of Property
With every good investment, the evidence will be in the figures. Your OHL Group property investment consultant will provide you with a comprehensive report showing the capital growth of the houses in your area (therefore an indicative capital gain of your house), and the rental return yield that your property is currently producing.
We will also provide you with a Depreciation Report to give to your accountant so you can begin claiming your depreciation immediately. Imagine how it feels to be building a property portfolio of about 5 or 10 properties and then living off the passive income of those properties.
It’s easy to do and highly achievable because hundreds of other Australians just like you have already done it.
Free Property Investment Review for New Clients
To start creating wealth and financial security through high performance residential property claim your free property investment initial consultation with an OHL property wealth advisor. In this session you will develop a Personal Property Investment Plan to move you towards your financial goals.
Call 1800 212 363 now to secure your personal consultation.
Why is this consultation free? We give you this session for free because it allows us to get to know each other see if we mutually agree it would be valuable to work together. Whether we are fit for each other or not you will come out of the session with a plan that will help you to reach financial security and freedom.