You know we never did get the answer to the shop one!!!

What about the marbles one mortgage hunter…do you know how to get that one as well? I got a headache thinking about it. Obviously not a logical thinker!!!

Answers please, before my brain explodes.

Rachel[withstupid]

I used to work for Medibank Private and there is a 12 month waiting period with them on maternity. IMHO private health insurance is only worth it if you use it to your advantage. This means ancillaries. Use all your limits every year or you are ripping yourself off.

If you have the discipline put the $100 or so it costs per month to have…[Read more]

Are those interest rates you mentioned fixed or variable? Do you think I would be better off sourcing the finance from the kiwi banks myself…ie better deals.

Rachel.

PI Daycare sounds great. I might actually learn something other than how to get crayon off of the walls and play do out of the carpet.

My two little ones are Emily(4) and Tyler(1). Just the two, girl and boy, all done, no more for me. I actually find that I have hardly any time left throughout the day for things like this. They keep me…[Read more]

I’m in NSW. The beautiful Blue Mountains to be exact!!! It’s a really lovely day here today too! I love Autumn!!

Keep those jokes coming![clown]

Rachel.

I didn’t mean to start any arguments down here, just wanted to get some gossip. It gets so lonely in the house with 2 children under 5 all day, I needed some adult convo and besides I missed the whole episode. If I’d put the post on Opinionated it would have blown up I’m sure and I didnt want that to happen. Thought that down…[Read more]

You know I don’t know any of you, per se, but I feel as though I do through reading all your posts. There’s nothing wrong with a bit of heat every now and then, I’m sure every one of us has had an argument with a friend before and still been frinds.

Pisces- I enjoy your posts. They’re informative and educated, sometimes on the…[Read more]

I can’t help you specifically myself but a suggestion is to put your post on the vendor finance/wraps section and see what replies you get from there. Someone might be able to offer you with vendor finance on the property you would like to buy.

I hope you are doing okay medically. My son was diagnosed with cancer last year at 10 months…[Read more]

Pisces you have hit the nail on the head with your first post. Everything that happens, I believe, is for a reason and you may not understand why at the present but I believe that eventually if you are meant to undertand why it will be revealed.

My daughter is 4 years old. We have a S/C fire. In July last year she burnt herself quite…[Read more]

We have friends who live in Umina Beach and really like it there. It seems like a good family place with a nice beach and decent shopping centres etc. Can’t tell you much in regards to schooling as they only have a 3 year old, but it seems like a reasonable area to live.

Good Luck with it,

Rachel.[biggrin]

My parents offered to gift us the deposit for our first home but realistically we wouldn’t have been able to pay them back until we sold it and we weren’t comfortable with that idea. Then they came to us with the plan for them to buy it as an IP and sell it to us at the same price in a few years when the equity gave us enough to not need a…[Read more]

I definitly think giving small gifts to your tenants is a great idea. Although I as yet have no IP’s I will be making the effort to do this to those tenants that deserve it when I get any.

Soon I will be becoming a tenant myself, not because I can’t afford my own home but because I want to invest my money in IP’s. Never assume that your…[Read more]

My parents were kind enough to purchase our fist home in their name as an IP. We made all the payments and they caught a tax break so it was beneficial for both parties. When we had built up enough equity in the home to buy it ourselves without a deposit we did so. They sold it to us at the same price they bought it for…no CGT. The bank…[Read more]

You never can have too much milo you know!!!

The house is only clean cause I clean it everyday about 50 times!! Notice there are no shots of the kids bedrooms!!! I know you know what I’m talking bout.[suave2]

Rachel.

Rachel.

Most agency’s and Property Managers all have a database called TICA which lists any bad tenants that other PM’s have had to deal with. As a general rule they should always check a potential applicant against the list on TICA before approving a tenant for your property.

I would check that they use this (all the good ones do) and that they…[Read more]

Right?!

Rachel.[blink]

I can’t really afford to buy in my local area…prices too expensice (Blue Mountains) and definitely way -gve. At this stage I am looking at regional areas and NZ. I think once I have made my first purchase I will feel a bit better about the next one. It’s scary though!!!

I am looking at both +ve and -ve properties for balance…[Read more]

Big ears, Big…..hearing.

Yeah I know I crack myself up too!!

Rachel[thumbsupanim]

It’s not easy to please everyone!

Rachel.

I hate these MLM companies. All they do is make friends annoy other friends so that they are not friends anymore. We have friends who got involved in Melaleuca (some sort of vitamin selling thing) and when they asked us if we were interested I said flat out NO. I think that shocked them because most people are hesitant to say no to…[Read more]

Rachel.

P.S. Did we ever get an answer to the other riddle posted…the shop one…still staying awake at night thinking about it.[sleepy]

It’s fun isn’t it?!!! Bit stressful at times though. How old are your children? I have 2, boy and girl, 1 and 4. Fun for all the family.

Sometimes I wish I had annual leave…..

Not too often though.

Rachel[mad]

So is it a shop…that’s why she didn’t knock?!
A shop in a house…like a corner store. The package is groceries and the $100 is the price for the groceries.

Rachel ( the sleepless one)

I’m sorry to hear that you got sacked!!![glum2]

I hope you find a better job soon! Enjoy the holiday too….

Rachel (The Child Development Researcher…aka mother…hence can never get the sack!!!)

You’re right, I haven’t been hanging out in Forum Frolic before but I will sure check it out from now on.

I mean you could spend all day on this website, couldn’t you…[blink]

Hope you’re all having great days,

Rachel[exhappy]

[baaa]… cause I’m originally kiwi (don’t hold it against me)

[withstupid]…. did I mention I’m originally a kiwi!

[biggrin]… cause I can laugh at myself…well, most of the time.

Rachel.

So she’s a collector and knows the people she’s collecting from and giving them $100 for a package. Is it a garage sale? Maybe she’s a neighbour buying some old nic nacs from their garage sale?

Rachel.

I believe the agents need to show how they came to a valuation with comparible sales in the area. On the agency agreement there is a section for their opinion on market price and then what the property is to be offered for. This way if the owner wants to list it higher than thier market opinion it is clearly stated on a legal document. A lot…[Read more]

I don’t know how anyone can afford to live in Sydney…or would want to. Was there yesterday with my children and the smog was terrible!!! Also the traffic…bad news baby. I live in the Blue Mountains about 2 hours from Sydney and it is great!!! Much rather a moutain view than a smog filled city skyline.

Sorry Sydneysiders,

Rachel.

Why does your accountant hate you?
I am not finding joy in the accouting world myself right now!!! All the ones I talk to seem so focused on negative gearing. Bloody accountants (sorry to all those good accountants out there)!

Rachel.

When our son got sick we realised the small importance of material possesions. It’s all about comfortability not necessity. My main purpose from this venture is to have enough passive income coming in so I dont have to work and thus spend the quality time with my…[Read more]

Our accountant(the disappointing one) suggested the same as you but it would leave us in a very similar situation as we are in now as we would still be having to put $100 in a week to cover…[Read more]