My Property Partner launches today as a new social networking solution to assist property buyers struggling to buy alone.

As more and more buyers are left out of the property market due to the housing affordability crisis, many are considering the options of co-ownership but don’t have a partner, friend or family member to co-buy or co-invest with.

My Property Partner is an exciting new social networking community designed to help property buyers enter the market and cut the costs of real estate ownership.

“For many home buyers, renters and real estate investors, the opportunity to buy into the property market has become near impossible.

Many people feel disillusioned as they face the fact they may never be able to buy a place of their own,” explains My Property Partner managing director,
Lynton Pipkorn.

“Even in today’s current climate, with continued low interest rates and the extension of the first homebuyers grant, property prices have not fallen enough to ease the housing affordability crisis for many property buyers.

“We’re trying to keep the dream of owning property alive for this growing segment of the market,” he said.

Yet while more people are now considering buying a property with someone else, Pipkorn says many simply can’t find a friend, family member or colleague who is willing and able to partner in the decision with them.

“There are now social networks for people to re-connect with old friends, dating networks to find a partner and networks for business people. So we thought why isn’t there a social networking tool to help property buyers to
find partners to share in their property purchases.”

According to Pipkorn, My Property Partner is also a powerfool tool for property investors. Through a co-investment partnership, investors can form a syndicate
to pool their resources.

This allows groups to invest in premium property assets that would otherwise be priced outside of their individual reach.

“My Property Partner puts individual investors together to develop investment partnerships and strategies, allowing them to take advantage of the current opportunities in the premium residential and commercial markets.”

My Property Partner allows property buyers and investors to search and match their buying and investment preferences including location, budget, property
type, and partner compatibility.

They can find another like minded partner to split the costs and pool their resources to get a foot on the property ladder to share in the profits of property ownership.

My Property Partner is free to join and users can start searching the database of registered members immediately. For a one-off cost of just $19.99, users can sign up for a Premium Membership and enjoy unlimited, safe communication with other Premium Members.

As part of the registration process, members can also elect for a credit check to provide added security and assurance to users on the site that they are networking with other legitimate buyers. This can be purchased for $60.00 or $70.00 including a Premium Membership.

To join My Property Partner, or to find out more, visit
mypropertypartner.com.au