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Thanks for all your replies. I talked to my bank manager this morning and she is going to work on some figures for me. I suppose that all I really needed was someone to say ‘keep going’. I used my husbands insurance to purchase my house (which has some facitilities to have made my husbands life a little easier and easier for me to look after him at home).
Now back to the computer to look for new properties I suppose.
Once again, thanks to all.yes, we would be staying in melbourne, but probably changing suburbs. We having been looking at building for a while, but are unsure as to wether or not to take the plunge. Obviously we need to get our acts togeter and do something quickly either way. But one things for sure, we will definitely be moving from this house.
Thanks your your advise.
Hi again
Yes from what I can gather she was paying $250/w not per fortnight – sorry. She is in Melbourne and the childrens ages are 4, 6 and 16. Yes the extra from Centrelink would be as rental assistance.
Thanks for all the great advice.I have 2 PM in NZ. Both in the same town, but managing properties in different towns. The 1st one I have had for quite a while and has finally realised that I need more information from her than just letting things slide until something goes wrong. But I also have quite a good relationship with my tennant.
The other 1 I have only had for approx 18 months, and she has a long way to go to meet my expectations, which I was quite plain about when signing up with her.
However, I rent myself in Aussie and find that both of my PM’s are far and above anything that I have had to deal with over here (3 different ones/companies so far). But on the other side of that, the landlords dont tend to take any interest until something has fallen over also, and thereby they are forced into paying for something that should have been done a long time ago to keep the tennant hapy (mainly me, lol).I like to keep my finger in so that nothing goes astray and I dont lose good tennants, but it also keeps the PM on her toes. It doesnt take much to keep good tennants happy.
[biggrin]Hi Don & Liz
Live in Melbourne, the houses are in the South Island. We were looking at building rather than buying around the Melbourne area. But the expected rise in interest rates is also a worry, lol. But not enough of a worry if the general opinion was to build here. If we did, then it would definetly be sold prior to our final leaving.
Thanks for all the great advice.