Thank you all for your responses.

I will ponder my options for a little longer.

Cheers

Jenny1

Hi Mum

I have just gone down that track and I found a web site wwww.comeguard.com.au. It has an online quote and they email you back with the details.

The info that was emailed gave me comparisons of 3 different insurers.

Another plus is that Protection tax is a tax deduction! [biggrin]

Good luck

Jenny1

Dazzling my white knight alias kick up the bum and get on with it (no pointy toe shoes though!)
Just what I needed.

Dazzling it is like this (don’t be confused) I bought this place with vision of sitting on it with a nice little tenant paying me regularly and eventually going up there to live.

Got excited as sacked the PM and got another,…[Read more]

Hi Erwanjg

I can pass on 2 things I learnt from others (and they both work).

1. You pay yourself first each payday
2. Save often (the amount doesn’t matter and will vary, but it all adds up!)
[biggrin]
Good luck with your future investing

Jenny1

As in a previous post I wrote that AAMI have a product that combines the 2 insurances contents or building and landlord insurance(came out on the 8 Aug) it is only an extra $20-30.

AAMI will send out details to me next week and I aim to get all my properties covered with the 2 insurances policies on the one, providing I first read the fine print.…[Read more]

I had no role models for managing money, both my parents drank and gambled at times leaving only money for toast for dinner for 3 kids!

I married at 18 had children at 19 and 20, lived a life of good clothes, holidays but unfortunately still no savings.

I have learnt the hard way through divorce, going guarantor for sons loan (he then passed…[Read more]

Congrats Dazzling!!!

Still make me smile (must look ridiculous for anyone watching)[blush2] as I read some of your tongue in cheek comments.

One of the things I like about you is your quote “no point in having cake if you can’t eat it”. But with your cake you share a slice from time to time, and that is nice…

Keep it coming

Cheers big ears!!

Jenny1

Hi Propertytalk

I have just renewed my building insurances with AAMI and they spoke to me about a new product,landlords insurance (just started 8 August)which when you pay building insurance it is just an additional $20-$30! Which is alot cheaper than the purchasing the 2 separately.

Details are sketchy at the moment (from me as buggered tonight…[Read more]

Thank you Dazzling

Yep I was thinking should I pull the plug on HB or not, I feel the place will go but when I don’t know (we all need a crystal ball). I will monitor closely over the next 12 months.

Fingers crossed with the tenant (previous applications that I received were all knocked back as they all defaulted on their rent!)he and young…[Read more]

TMA is up and running, has answered a post in help needed [biggrin]

Jenny1

Hi Dave7

There has been alot of talk with Jetstar and Virgin going into HB with the extention of the airport how the place is going to boom…. Also know of a Technology Park going in soon….[blink]

If you look on the internet for places that are advertised to rent you will find Hervey Bay has(73) Urangan (16) along with Burrum Heads and alot…[Read more]

Hi my mate Dazzling

I have read your posts and replies to others questions. You know your stuff and how to strut it.[cigar]

How long did you give yourself being “dayrate consultant oilfield whore”? Is there a chance to move your family over with you for however long it takes to move to the next level?

It is a big ask of your wife/kids to be…[Read more]

Hi Del

First I went to Ray White (that was where the receptionist who became the Property Manager) and now I have started with Raine and Horne.

You don’t need to sell me on Hervey Bay as hubby was born and bred there and still has rellies living in HB.

Rental Manager said this time last year had 203 applications for rentals so far this area has…[Read more]

Hi Dazzling

You always make me laugh, but if it is all the same with you I will take you up on your suggestion to sell my tarted up place only.[biggrin]

It was what I was thinking and only confirming what I already knew.

Hubby still in hospital but coming on OK, thank you for asking.

Cheers

Jenny1

Jerzy

This forum is a great place to get advice and learn.

TMA has given me personally some excellent info and advice over the time I have been with this forum and I value his contributions to this forum.

Reading the post and reply there was nothing in it to get upset with, TMA was merely giving another opinion and he backed what you said re…[Read more]

Supachef

When you hit rock bottom there is a positive in there, you can only go up from where you are.

I agree with others an accountant is good or I would personally go and see a credit counsellor. They will look at your situation (not pre judge you)and will even negotiate terms with those who you owe money to. They will sit you down and go…[Read more]

Unfortunately neo25x5 we are amongst the minority that think the way we do.

Living on bad debt is no way to move forward, I am happy with the way that I am going/growing in order to move forward.

I know we will have the last laugh at the end of the day.

Jenny1

I just don’t understand today’s society, nothing or very little is bought with cash, the old fashioned lay buy system used to be very popular to encourage you to pay something off before you got it. But lay buy has been replaced with have it all now pay back in 2 yrs time yeah right.

I have been to friends place and they obviously contribute to…[Read more]

Thank you John,Myoung and Dazzling for your stories it gives you alot of satisfaction to turn an ugly duckling into a swan.

I still pinch myself when I think of the bargain I got, 2km to shopping centre 3km to Uni, schools and high school .05km away.

Also I talked to the council and found they allowed it will allow dual occupancy on it as well.…[Read more]

Hi kendo5181

One of the cheapest is paint (look this up on the forum as this subject comes up quiet alot)also can be done quickly and gives an instant freshen up.[biggrin]

Good luck

Jenny1