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Your Suburb Approval

June 30, 2017

Hey guys,

 

I hope you both had a great week.

 

Thanks for confirming your prefered region with me, Belconnen is a great option and we look forward to getting stuck into your search. 

 

Below I have attached your email confirming the region approval and other feedback so that we're all on the same page. I have also provided my response to your email below.

 

If you have any questions in the meantime, please let me know. I have also shared on few new articles on your newsfeed relating to Canberra.

 

Cheers

Richie

 

 

On 29 Jun 2017, at 11:30 am, Jack Nunn <jnun4406@gmail.com> wrote:

Hey guys

 

Tuna and I are really happy with the suburb due-diligence work you've put together and would like to proceed with your recommended area of Belconnen in Canberra.

 

Our main caveat is given the size of the district (and that we don't know it at all), we're definitely keen to stick to the 'nicer' suburbs within Belconnen. If that affects our budget slightly we can cross that bridge when we come to it.

 

Let me know when you guys would like to set up a time to present back properties. You mentioned needing roughly 4 weeks last time we spoke, but please take as long (or short) as you need. No rush from our perspective, we'd rather get this first property right.

 

(Also, for the purpose of working out the numbers on each property, we're looking at putting down a 10% deposit and repaying principal + interest. We can discuss other details that might affect things such as different repayment options / the potential amount in our offset account etc.)

 

Cheers 

 

 

On 30 Jun 2017, at 9:09 am, Richie Ragel <rr@milkchoc.com.au> wrote:

Hey mate,

 

Thanks for confirming, great news! 

 

Re. your point about the better areas in Belconnen, this is fine, but just remember, if we present an area that is a little further out a discounted price, then it will generally have a better opportunities for capital growth. That will in turn create more opportunities to grow your portfolio quicker. Nonetheless, I’ll present different options and provide the pro’s and con’s on each so we can make an informed decision.

 

Thanks for the details re. your lending. When the time comes to present and i’m working on your cash flow analysis, i will touch base again to confirm these numbers. I’ll also provide my recommendation on the best way to approach it when the time comes.

 

Will keep you posted as we progress the search.

 

Cheers

RR

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