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Dazz is absolutely right I.V. If you understand the concept of a suitable capital structure (which for all shares / listed units is outside your hands and in the control of the managers), then think about how an inappropriate capital structure brought this stock undone. When you're going to...

Done, PM sent. I suspect you can!! Keen to hear more about your QLD experiences if you PM back.

Not many - only two!! And a reasonable share portfolio. Plus the new CIP now. The goal is to get to a position where we can live of rents + dividends, and saw accumulating more resi-IPs as counterproductive. Though admit its a fine balance between ability to build equity and killing your...

Sure. You gotta have the SNF or whatever its called :) True.. Agreed!! I put up a post about this after I had signed the contract of sale: http://www.somersoft.com/forums/showthread.php?t=58607 Happy to answer any other qns. Btw - what net $$ rental returns would you get from $700K (resi)...

Hi Player, I am aware... Not ideal, but three points: 1. Its still a whole sight better than Resi !! You cant pass on anything with resi as we all know, and you dont get ratchets either!! 2. Retail I see as a good "beginners" CIP. There is a lot of goodwill associated with a lease (arguably...

Exactly, am also very much looking forward to the market review at that time!! Love the analogy btw...!!! It is retail. I had a read of the Act before I took the plunge, but will certainly make sure to read it in great detail.... Good thing I'm an ex-lawyer, hey!!!

No - they are not!!!! The economics are fundamentally different. That was my original point !!! Resi is a great stepping stone but a fundamentally unscalable investment proposition. You either cop awful net yields or end up having to manage a portfolio of many many many lower valued...

Thank you Dazz... Completely agree. I think the next big milestone will be the option exercise date (late 2011). I'm 99.9% sure it will be fine, but it will be just like getting the first (and then each subsequent) CIP rent cheque - a confidence building experience!!! Then with another 3...

This is one of those "anecdotal" posts. As some would know we just bought first CIP in Dec, which settled in Jan. Last two months have had the CIP and a Resi IP both being in the same cycle for all the bills!!! Outcome: $0 banked post bills for two months on the resi. Seriously, fully...