PropertyInvesting.com | bjb007 | Activity https://www.propertyinvesting.com/members/bjb007/activity/ Activity feed for bjb007. Sun, 12 Apr 2026 10:56:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 74d46f3a3d4ecce0f2a2e2dc25392a30 bjb007 replied to the topic Tenants & Garage Door Locks in the forum General Property https://www.propertyinvesting.com/topic/4401370-tenants-garage-door-locks/#post-4633280 Fri, 01 Oct 2010 07:06:11 +0000 Thanks for the feedback guys.

Yes I will chalk it up to another lesson in the investing game lol.

Our Agent has in fact confirmed with Consumer Affairs that all outbuildings must have locks and keys supplied to tenants.

It’s just a bummer on top of all the purchasing costs, waiting for a tenant, fixing a few other issues already and now this…[Read more]

]]> c4d948ee4e6f1be943ed5841ddbd902f bjb007 replied to the topic FREE Residex Property Reports for VICTORIAN, TASMANIAN, and SOUTH AUSTRALIAN properties - Investment or Owner Occupied in the forum Mike this is such an awesome https://www.propertyinvesting.com/topic/4396010-free-residex-property-reports-for-victorian-tasmanian-and-south-australian-properties-investment-or-owner-occupied/page/3/#post-4602544 Tue, 26 May 2009 08:40:29 +0000 Mike this is such an awesome offer and one that I availed myself of.The report is fabulous – the amazing speed with which you delivered it, even better.Thank you very, very much for your generosity.Cheers Bambi

]]> 400ff4916b121b19715184da37f8ae41 bjb007 replied to the topic LOC for deposits question in the forum Finance https://www.propertyinvesting.com/topic/4395916-loc-for-deposits-question/#post-4602045 Mon, 06 Apr 2009 07:27:11 +0000 Thanks for that…I was afraid that might be the case. Appreciate your response.

]]> 8b1d83aac71743f1cea758102c141077 bjb007 replied to the topic Buying a property with 3 friends in the forum Help Needed! https://www.propertyinvesting.com/topic/4395653-buying-a-property-with-3-friends/#post-4600708 Wed, 11 Mar 2009 12:58:41 +0000 Hi, I've actually been down this road myself and let me tell you the pitfalls can be huge.Admittedly in my case the three of us got together to purely buy investments properties, not to live in.We meet constantly for a period of twelve months thrashing out every possible scenario we could think of arising. You have to consider disputes,…[Read more]

]]> 501298a45a1706f5dcaf4a6a5b9d3d3c bjb007 replied to the topic Silver Gal Fence in the forum Value Adding https://www.propertyinvesting.com/topic/4390302-silver-gal-fence/#post-4571172 Sun, 29 Jul 2007 07:50:24 +0000 Yeah, it's ugly.Guess whilst it's a rental I'll put up with it. When I come to onsell I'll definately ditch it.

]]> 54b6ac317ffb77a61841440a062cf2ee bjb007 replied to the topic Silver Gal Fence in the forum No it's cyclone wire https://www.propertyinvesting.com/topic/4390302-silver-gal-fence/#post-4571170 Sat, 28 Jul 2007 04:36:50 +0000 No it's cyclone wire (checked with the man of the house)….;)

]]> ed8b5cd56533e4f636112ad9aaad2302 bjb007 replied to the topic Vinyl wrap vs two-pac vs aluminium framed glass doors in the forum Value Adding https://www.propertyinvesting.com/topic/4389793-vinyl-wrap-vs-two-pac-vs-aluminium-framed-glass-doors/#post-4568437 Thu, 26 Jul 2007 02:16:04 +0000 Marvellous thread. I'm in the process of buying a flat pak kitchen for a rental and was tossing up between the vinyl wrap and the laminate wrap doors.You've just made a decision for me. Many Thanks. Laminate wrap doors, here I come!

]]> 79247061ba5f5bb95e8e68038d88ba00 bjb007 replied to the topic Finance Options For a Co/Trust in the forum Finance https://www.propertyinvesting.com/topic/4390247-finance-options-for-a-cotrust/#post-4570931 Sun, 22 Jul 2007 23:50:25 +0000 They are self employed. We didn't want to go for a low doc loan because the fees, interest etc (I believe) would be higher.If you could share say just 2 of the most common alternatives I would be really grateful. I feel I have a lot to learn and I also suspect I haven't picked the most knowledgeable broker.Thanks.

]]> ec98d10b555dc050873ef6136f63e701 bjb007 replied to the topic Best Place For Mortgage For Company/Trust Structure in the forum Finance https://www.propertyinvesting.com/topic/4390112-best-place-for-mortgage-for-companytrust-structure/#post-4570181 Fri, 06 Jul 2007 02:27:47 +0000 My understanding of a LOC is that we would use our respective PPOR as collateral for the LOC. We are three mums who have set up a Company and Unit Trust and want to keep our investing completely separate from our personal properties.

]]> e0f6d78831f4c46abaad066511fbe695 bjb007 replied to the topic Best Place For Mortgage For Company/Trust Structure in the forum Finance https://www.propertyinvesting.com/topic/4390112-best-place-for-mortgage-for-companytrust-structure/#post-4570179 Fri, 06 Jul 2007 02:05:52 +0000 Hmm, not sure I follow any of that myself, but many thanks for the suggestion. I will educate myself and get my head around all the options, in hindsight we should have nutted this out ages ago.We definitely don't want a line of credit, at this stage anyways. We wanted to achieve our first IP using only the IP as security and not having to use our…[Read more]

]]> 86edd49517d029559f24fe5f96f5c7fd bjb007 replied to the topic Best Place For Mortgage For Company/Trust Structure in the forum Finance https://www.propertyinvesting.com/topic/4390112-best-place-for-mortgage-for-companytrust-structure/#post-4570176 Thu, 05 Jul 2007 23:59:47 +0000 Thanks for your feedback guys.What do you think of the MembersEquity loan of 7.59% fixed for 5 years IO? There are no fees. We thought by putting down 20% for our first purchase we create ourselves some automatic equity and with a bit of work on the property we have bought we believe we can create even more equity too. Something that we can then…[Read more]

]]> 05c4857d43628227ff5b0b42fea9db26 bjb007 replied to the topic Inside Information on the Next Boom Area in the forum Heads Up! https://www.propertyinvesting.com/topic/4389873-inside-information-on-the-next-boom-area/#post-4569133 Sun, 10 Jun 2007 08:24:09 +0000 Thanks Alison,I've in Victoria, so I'll have to give it a miss this time around. If you do the same thing again in Victoria I'd be interested.

]]> 3e1f7da48df1c032b1625d919bb255ad bjb007 replied to the topic Inside Information on the Next Boom Area in the forum Heads Up! https://www.propertyinvesting.com/topic/4389873-inside-information-on-the-next-boom-area/#post-4569131 Sun, 10 Jun 2007 02:03:46 +0000 What state is this in?

]]> 18f1dc9adbd0f78d3d9d3d5de6e73a06 bjb007 replied to the topic Please recommend an accountant in Melbourne in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4389837-please-recommend-an-accountant-in-melbourne/#post-4568970 Wed, 06 Jun 2007 13:15:12 +0000 Can't go past Dale Gatherum for my money.www.gatherumgoss.com

]]> 2be61c1dbfa104f596a52d1e360015cf bjb007 replied to the topic Property Investment Advice in North West of Melbourne needed!!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4389839-property-investment-advice-in-north-west-of-melbourne-needed/#post-4568976 Wed, 06 Jun 2007 13:13:42 +0000 You should grab yourself a copy of this months Property Investor Magazine. The cover story is "What you can buy for under $300K – affordable properties within 20km of capital cities"…….your request fits with this article.

]]> 6fe82dc7a4e226e5397325611f0f9e14 bjb007 replied to the topic New home page - what do you think in the forum General Property https://www.propertyinvesting.com/topic/4389831-new-home-page-what-do-you-think/#post-4568939 Wed, 06 Jun 2007 13:04:54 +0000 Heaps better Steve! Love that you can easily see the latest forum posts – great improvement

]]> 7b5fe56cad589c0d4f9d16e692435a0a bjb007 replied to the topic And/or nominee and trusts in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383388-andor-nominee-and-trusts/#post-4536517 Thu, 01 Dec 2005 00:59:52 +0000 Good question – one that I myself ran past our Mortgage Broker who said NO WAY should you buy as and/or nominee BEFORE your trust structure is in place BECAUSE two of his clients had done exactly this and been burned big time by the ATO and if memory serves me correctly they had to pay double stamp duty because it was deceptive.
I may be foggy on…[Read more]

]]> 6385c3d73699cb59be5c3b54b8c67b06 bjb007 replied to the topic Exit Clauses in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383336-exit-clauses/#post-4536119 Tue, 29 Nov 2005 00:00:01 +0000 Thank you very much for the brilliant feedback. At least now we have some ideas of exactly what we need to thrash out before we see a Solicitor.
Superb![biggrin]
P.S. I have absolutely nothing against Lawyers I used to work for them for 15 years.

]]> ab2955796b8e417b91b7b8af89ced512 bjb007 replied to the topic Guidence needed in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383164-guidence-needed/#post-4535152 Sat, 12 Nov 2005 02:31:35 +0000 In Victoria at least you can transfer your pricipal place of residence to your spouse without incurring stamp duty. I know because good friends of mine have just done exactly this to separate their business dealings from their home.

Cheers BJ

]]> 7c18597fc86ffd17d96b152c26f2b7b3 bjb007 replied to the topic Guidence needed in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4383164-guidence-needed/#post-4535148 Fri, 11 Nov 2005 06:50:03 +0000 Hi Bruce

Recommended structure would be a Company and Hybrid Trust. This can be set up by an Accountant or Solicitor at a cost of about $2200.00 – $2700

If your family home is in your name, you would have to transfer it into the trust which would have you paying stamp duty. Best to discuss this aspect with a Solicitor, you could just transfer it…[Read more]

]]> 368b4e90a62280d40da92b6dc1c49bf3 bjb007 replied to the topic Flooring choices in the forum Help Needed! https://www.propertyinvesting.com/topic/4378989-flooring-choices/#post-4508188 Tue, 22 Mar 2005 07:10:33 +0000 If anyone chooses to go with carpet, my hubby is a carpet layer (27yrs exp) and can pass onto you substantial savings compared to retail outlets. He can source, advise, quote and install. (Has done lots of rental properties). Based in outer eastern suburbs of Melbourne but will travel within reason. PM if anyone is ever interested.
Cheers [biggrin]

]]> e9c2d1e74471a5514c45c6ee8bf8817b bjb007 replied to the topic Investing in the Isa in the forum Help Needed! https://www.propertyinvesting.com/topic/4378833-investing-in-the-isa/#post-4507177 Fri, 25 Feb 2005 13:11:58 +0000 YOU MIGHT FIND THIS OF INTEREST…….
press release

XSTRATA LAUNCHES $4 MILLION COMMUNITY PARTNERSHIP PROGRAM IN NORTH QUEENSLAND

Mount Isa, Thursday 9 December 2004

Xstrata has today launched a new Community Partnership Program that will contribute $4 million over the next three years to improving services and facilities in the north…[Read more]

]]> bcb64cc0af4ed2e51c4d184938dd9765 bjb007 replied to the topic Is this the lowest price?? in the forum Heads Up! https://www.propertyinvesting.com/topic/4378566-is-this-the-lowest-price/#post-4505502 Tue, 22 Feb 2005 00:25:08 +0000 Thanks Redwing. I didn’t realize it would be so difficult to just get a yes or no answer?![confused2]

]]> 639de715bcc2df00c6c7314031fcb1c2 bjb007 replied to the topic Now U See It Now U Dont! in the forum No Subject https://www.propertyinvesting.com/topic/4377777-now-u-see-it-now-u-dont/#post-4500783 Tue, 04 Jan 2005 11:20:29 +0000 That’s what I thought!! Just made me think how many things you need to consider when purchasing. I know the area and knew that a planning permit had been posted on the property over six months ago for the construction of Units (and been taken down since) BUT as a novice purchaser, looking at the neighbouring property that WAS there, the last thing…[Read more]

]]> da23a2874d3aa6c49c104359cf28dab6 bjb007 replied to the topic Is Masterclass + expences tax deductable? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377573-is-masterclass-expences-tax-deductable/#post-4499273 Tue, 28 Dec 2004 02:25:19 +0000 We have a partnership tax structure so maybe that has enabled us to claim – either way the accountant said we can claim, so we do.[blush2]

]]> 7f32afa7b8a73bad1ccb18d565eec4c2 bjb007 replied to the topic Is Masterclass + expences tax deductable? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4377573-is-masterclass-expences-tax-deductable/#post-4499271 Sun, 26 Dec 2004 11:35:25 +0000 Hi, I’ve been claiming Steve’s seminars, personal development seminars, magazines, books and any material related to investing or improving our chances of investing successfully for years without a hitch – don’t see why anyone else can’t. Cheers [biggrin]

]]> 2c200dce094ab754222ce4245da4ad6e bjb007 replied to the topic Steves new Book, Comment and Question in the forum General Property https://www.propertyinvesting.com/topic/4376254-steves-new-book-comment-and-question/#post-4491565 Mon, 04 Oct 2004 09:05:15 +0000 Well I finished the book! What a fantastic read! What amazed me was the warts and all story that unfolded, it was so refreshing to read about the problems that the mappers first encountered and how they overcame them (and those that didn’t). There are so many pearls in this book – from the Do-Doing-Done model, the problem+solution=profit, money…[Read more]

]]> 991b2b6caf6b305411cc1437f9b64022 bjb007 replied to the topic Steves new Book, Comment and Question in the forum No Subject https://www.propertyinvesting.com/topic/4376254-steves-new-book-comment-and-question/#post-4491562 Sat, 02 Oct 2004 05:28:00 +0000 Well you’ve done it again Steve – another awesome book! I received it yesterday and am already half way through it. It’s so easy to read and the information just flows so well. The information is so practical and common sense that it makes for a recipe for success. I can’t wait to finish the book.
I have one question though:
You say that you only…[Read more]

]]> 23c17a50d0866db85b25bb5886306d0b bjb007 replied to the topic Resort Units in the forum Help Needed! https://www.propertyinvesting.com/topic/4375860-resort-units-2/#post-4488909 Mon, 06 Sep 2004 09:30:53 +0000 I looked into this as well – it sounded OK until you dig deeper and find out all the hidden expenses, to name just a few:
window cleaning, pabx levy, mattress protector, shower curtain, advertising, managers commission, cleaning, service, linen, repairs and maintenance, drycleaning, postage, credit card transaction fees, sinking fund, locksmith…[Read more]

]]> b422aa260f7ac8db2a4a1d90f3834651 bjb007 replied to the topic A Sneak Peak... in the forum General Property https://www.propertyinvesting.com/topic/4375526-a-sneak-peak/#post-4486884 Mon, 16 Aug 2004 10:41:26 +0000 What an awesome title – certainly an attention grabber! I’m sold! Can’t wait to get my hands on a copy and my first $1,000,000 portfolio[biggrin]

]]> 2944f45d44ac1b288ddd8465885b7625 bjb007 replied to the topic 0 to 130 Live - AWESOME SET! in the forum Heads Up! https://www.propertyinvesting.com/topic/4375461-0-to-130-live-awesome-set/#post-4486364 Thu, 12 Aug 2004 04:05:35 +0000 Absolutely! It’s full of working examples for purchasing properties, graphs showing property trends, buying problems – finding solutions, negotiating, finance, to mention just a few differences.
The beauty of it is that you are getting it from the horses mouth (so to speak) live, with little pearls dropped in here and there that are not in the…[Read more]

]]> 0af3dc83b71402f77ac4f51bfadcbf6f bjb007 replied to the topic To set up a Trust? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4374970-to-set-up-a-trust/#post-4482506 Tue, 13 Jul 2004 08:26:42 +0000 My advice is speak to an accountant that understands property investing. That’s exactly what I just did this very day with Gatherum-Goss in Melbourne and I got some excellent advice regarding setting up a Hybrid Trust for our investment properties. Mind you our “former” accountant sounded just like yours – you need to do the research over the web,…[Read more]

]]> eea591bfeb4ca85d20744453be56d660 bjb007 replied to the topic Who's going to the seminar in July? in the forum No Subject https://www.propertyinvesting.com/topic/4374703-whos-going-to-the-seminar-in-july/#post-4480803 Tue, 29 Jun 2004 02:53:28 +0000 Just found out about it and bugger I’ll be in Queensland [glum2] BUT I’ve been in touch with my girlfriend and convinced her to go for me and take notes – I hate missing out on really GOOD information that’s up-to-date. Enjoy all you lucky people who get to go! [thumbsupanim]

]]> 6df63b049ee2a8704780e84880781099 bjb007 replied to the topic Destiny Financial Solutions in the forum Help Needed! https://www.propertyinvesting.com/topic/4373994-destiny-financial-solutions-2/#post-4475743 Tue, 25 May 2004 09:24:16 +0000 Check out “Guru Watch” there is a posting under Margaret Lomas – should answer your question. [biggrin]

]]> 949867ce35e1dd8e56e80f81e0c7aca1 bjb007 replied to the topic Next Melbourne IP Group Meeting in the forum General Property https://www.propertyinvesting.com/topic/4373689-next-melbourne-ip-group-meeting/#post-4473453 Fri, 21 May 2004 00:18:07 +0000 Great! I’ll make every effort to get along. What name is the booking in?[suave2]

]]> 034555aeef62f993a843bbb1db3c1122 bjb007 replied to the topic Melbourne IP Group in the forum General Property https://www.propertyinvesting.com/topic/4373406-melbourne-ip-group-2/#post-4471291 Thu, 06 May 2004 06:21:54 +0000 Blackburn Hotel – 111 Whitehorse Road, Blackburn between Middleborough Road & Blackburn Road Melways 47 K9.
I fully intended to come along BUT I too had forgotten about Mother’s Day doh!
I’ll be there next time round.[confused2]

]]> b8addba5dff4c43c15edfed904d82be3 bjb007 replied to the topic Hello All in the forum General Property https://www.propertyinvesting.com/topic/4372813-hello-all/#post-4467131 Mon, 12 Apr 2004 08:50:21 +0000 Hey, welcome. My advice is to check out the archives and just work your way through the various posts already here, there is a wealth of valuable information. Happy reading.[grad]

]]> ab2798e75457d89db0aa76235072ae0a bjb007 replied to the topic Speech by Bill Gates in the forum Forum Frolic https://www.propertyinvesting.com/topic/4372737-speech-by-bill-gates/#post-4466664 Fri, 09 Apr 2004 12:15:59 +0000 Very profound! Very factual! Very Wise! Very Clever!!! [suave2]

]]> 92241b83910dd9e24f19d04e79521f18 bjb007 replied to the topic I NEED A RENTAL PROPERTY in the forum General Property https://www.propertyinvesting.com/topic/4372732-i-need-a-rental-property/#post-4466634 Fri, 09 Apr 2004 10:08:37 +0000 Thanks Peter, your quite right, I don’t really expect to find anything CBD or suburban for that money but thought I’d put it out there just in case. I have found one option I’m following up near Moe for $50pw. I thought I might find a win-win solution here with all these property investors I was hoping there might be one or two looking for a good…[Read more]

]]> db009e809c9c406ee126672d6a7363e9 bjb007 replied to the topic The 3 P's of Property in the forum General Property https://www.propertyinvesting.com/topic/4372460-the-3-ps-of-property/#post-4464480 Wed, 31 Mar 2004 11:11:02 +0000 I agree with your analogy regarding “the comfort zone” and taking a leap of faith that you can make things happen. I had the pleasure of hearing James Daniels speak last week about his rise to fortune, (now 71yrs) he began his journey illiterate but read the dictionary from front to back three times until he understood every word and their meaning…[Read more]

]]> ce73b66dd0a4ab763477460a7714668e bjb007 replied to the topic Brad Sugars on ABC in the forum General Property https://www.propertyinvesting.com/topic/4372474-brad-sugars-on-abc/#post-4464650 Wed, 31 Mar 2004 02:10:56 +0000 I saw the program too – more power to them. You seem to view making money by this means as distasteful – yet in the next breath your ready to join them. Was that your greed glan taking over? There are heaps of ways of making money and just because someone got off their backside and took action and is making money, how about applauding it and…[Read more]

]]> 12d2e3de1b1f215d7bd80f4f943e402b bjb007 replied to the topic Steve McKnight Seminar - anyone going? in the forum General Property https://www.propertyinvesting.com/topic/4371060-steve-mcknight-seminar-anyone-going/#post-4453246 Fri, 06 Feb 2004 01:51:26 +0000 About 200 in November, give or take. The one in March is limited to 120 though.
I’d like to add too, Steve has said he will be addressing different subjects with a completely new workbook at this seminar. I’m not that dim that I need to sit through the same seminar twice![:p]

]]> ff6089ed5b6f635734acd44a7b007052 bjb007 replied to the topic Steve McKnight Seminar - anyone going? in the forum General Property https://www.propertyinvesting.com/topic/4371060-steve-mcknight-seminar-anyone-going/#post-4453244 Fri, 06 Feb 2004 01:28:09 +0000 I don’t see it as a motivational talk – I have plenty of motivation already.
It’s like saying why read another book about property – you’ve read one! There is always something new to be learnt, something you didn’t quite get the first time you heard it or a new angle or investing strategy.
I’m also just that type of person that thrives on input, I…[Read more]

]]> 052159697e756376e3b51af9d1a9199b bjb007 replied to the topic Steve McKnight Seminar - anyone going? in the forum General Property https://www.propertyinvesting.com/topic/4371060-steve-mcknight-seminar-anyone-going/#post-4453242 Fri, 06 Feb 2004 00:37:44 +0000 Absolutely! I went to the last one on Melbourne in November and it was great! The excellent thing I found is that his information keeps up to date with what’s happening in the market NOW. I need all the help I can get. Highly recommend it to anyone else too.[^]

]]> 9e189b103a4b24c93e71c7238d1af80a bjb007 replied to the topic Is Today Tonight trying to cause a property crash? in the forum General Property https://www.propertyinvesting.com/topic/4369247-is-today-tonight-trying-to-cause-a-property-crash/#post-4438181 Thu, 06 Nov 2003 00:44:36 +0000 Yeah, it’s called “ratings” – people are drawn to doom and gloom, especially someone else’s. Pay no attention, I see it as comedy[:0)]

]]> eeda4184001499d2382cd4bcc922e0f6 bjb007 replied to the topic Melbourne-InvestmentExpo in the forum Heads Up! https://www.propertyinvesting.com/topic/4368849-melbourne-investmentexpo/#post-4434547 Sun, 19 Oct 2003 02:21:53 +0000 It’s on at the Melbourne Exhibition Centre, just near Crown Casino. Entry price is $13.00 or only $8.00 if you get a voucher out of The Age. It’s open from 10.00 – 6.00 finishes today – Sunday 19th. Enjoy[:D]

]]> 738422d5736b203081566806350646cb bjb007 replied to the topic Obtaining Local Newspapers? in the forum General Property https://www.propertyinvesting.com/topic/4368773-obtaining-local-newspapers/#post-4434057 Tue, 14 Oct 2003 12:41:05 +0000 Thanks for that info Nick……..I’m actually interested in local papers in regional Victoria, if anyone could help.[8D]

]]> c9a5ba95cc62c70b40e8d7b1605d3214 bjb007 replied to the topic Useful Links in the forum Heads Up! https://www.propertyinvesting.com/topic/4364758-useful-links/page/7/#post-4411438 Tue, 16 Sep 2003 00:33:43 +0000 Here’s what we have to…[Read more]

]]> 3ea304eef2e6f184413c3732d05977e7 bjb007 replied to the topic Steve on Today Tonight in the forum No Subject https://www.propertyinvesting.com/topic/4366660-steve-on-today-tonight/#post-4420812 Tue, 05 Aug 2003 03:22:42 +0000 I saw the article last night, rushed to the book shop this morning and bought the last copy they had (and warned them to stock up). I’m motoring through the book, it’s a fabulous read AND it’s what I’ve been yelling across the table at my husband for two years now – maybe since someone else is saying it, we can finally start investing! Thanks Steve.[:)]

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