I'm thinking of having a dabble at CIP. I've read through the posts and am trying to work out what is required to start out in CIP. The notion of a tenant paying all outgoings sounds appealing.
A few questions:
1. Do you need an ABN to invest in CIP and is the reason for this that you are dealing with/invoicing a business?
2. Do people buy CIP's in their own name or set up a company and buy the CIP in the companies name.
3. Do you ask the normal bank man for a loan and is it as straightforward getting a loan for a CIP as for a RIP?
I won't ask questions about what to look for / yields / contracts etc as there seems to be plenty of info on this forum about that sort of stuff.
Cheers in advance,
A few questions:
1. Do you need an ABN to invest in CIP and is the reason for this that you are dealing with/invoicing a business?
2. Do people buy CIP's in their own name or set up a company and buy the CIP in the companies name.
3. Do you ask the normal bank man for a loan and is it as straightforward getting a loan for a CIP as for a RIP?
I won't ask questions about what to look for / yields / contracts etc as there seems to be plenty of info on this forum about that sort of stuff.
Cheers in advance,