Well - after a long time of looking, researching, complaining about awful resi yields, researching, procrastinating, and looking have finally found a decent CIP, and have bitten the bullet and bought it (prime retail) - and settlement isnt too far off.
I'm very excited, and now have a newfound respect for TPFKAD and others who have trodden this path - its been a very steep learning curve, and a lot lot lot (lot!) more difficult and stressful that resi.
However, that said, the income from this purchase will move things up a notch which would have not been achievable with resi IPs and am looking forward to (subject to the continued solvency of the tenant!!) many years of hassle free income, with all expenses paid for by somebody else.
Fingers crossed it now all does what it says on the tin
I'm very excited, and now have a newfound respect for TPFKAD and others who have trodden this path - its been a very steep learning curve, and a lot lot lot (lot!) more difficult and stressful that resi.
However, that said, the income from this purchase will move things up a notch which would have not been achievable with resi IPs and am looking forward to (subject to the continued solvency of the tenant!!) many years of hassle free income, with all expenses paid for by somebody else.
Fingers crossed it now all does what it says on the tin