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One of the strong themes since the end of the property boom has been: forget about capital gain for now, concentrate on cash flow positive.
This book diverges from that approach and instead introduces a smart new financing strategy the authors have labelled the “Kitty Loan System”
They also exhort aspiring investors to squeeze every cent of equity they can to continually reinvest and build up a portfolio that will make them wealthy – something they say owning just one investment property will never do yet the vast majority of property investors do own just one.
The plan is to buy the best quality property in the best location you can afford – because, they say, that is where the best future capital gain is going to be and capital gain is where investors make the real money, not rents.
With plenty of high-end properties currently on the market below valuation this may be the perfect time to implement the strategies expounded in this book.
Published: October 2010