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  • Profile photo of kelbrenkelbren
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    @kelbren
    Join Date: 2004
    Post Count: 30
    October 21, 2004 - 10:07 am

    The house was built in 1986 and has been well maintained although some modernisation could be considered, the condition of the property is excellent

    Kelvin J Brennan

    Profile photo of kelbrenkelbren
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    @kelbren
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    October 20, 2004 - 1:29 pm

    My experience tells me that good capital growth is something that in the main is restricted to capital cities and large regional centres or coastal cities and towns.

    In a +cf environment rental yield is your “bread and butter” together with an innovative approach. In the case of this property the size of the parcel of land that lends itself to further development eg subdivision potential.

    Kelvin J Brennan

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    @kelbren
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    October 19, 2004 - 12:37 pm

    The availability of these funds is a great windfall if you are committed to building a +cf property portfolio.

    Formulate a property investing plan. Set your self some critical dates and set aside sufficient funds for deposits and purchase costs. If you have some funds remaining use these to reduce overall debt.

    hope this helpful

    Kelvin J Brennan

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    October 17, 2004 - 10:20 am

    Hi

    I am in NSW and looking at putting some WRAP deals together.

    Presently sourcing suitable properties. I am only new to this but have a reasonable idea of what is involved.

    I would be interested in discussing this with you in more detail

    Cheers

    Kelvin J Brennan

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    October 15, 2004 - 1:03 pm

    Is there any opportunity for a WRAP here. Say put together a WRAP deal based on win/win.

    Set it up in a normal WRAP and then next year when your client has access to finance pay out the deal.

    Where is the property and what sort of money are we looking at.

    Get back to me if there is any way i can help

    Cheers

    Kelvin J Brennan

    Profile photo of kelbrenkelbren
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    @kelbren
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    October 15, 2004 - 12:56 pm

    Hi

    I’m glad you asked the question as i am embarking on what I expect to be challenging but fun and profitable at the same time.

    As per other posts it seems to me about establishing yourself with a good name and a reputation to get deals over the line.

    I would also appreciate any information/help to develop myself in Bird dogging

    Cheers
    Kel

    Kelvin J Brennan

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    October 15, 2004 - 12:47 pm

    It looks like a scam to me. If I found 30k worth of pest damage I would be asking for a 30k reduction.

    Obviously a 3rd independant report is needed here.

    Cheers

    kel

    Kelvin J Brennan

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