Mark Guirguis
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Read the title. "Positively (read: Completely) Geared". I will save you the hassle (and save you the $30rrp for this book) and boil down the theory. Lloyd builds marginal equity into his properties, refinances them and leaves them highly geared. There is no way possible Lloyd's properties are "Positively Geared" as the book suggests, as there is never enough equity left in the properties. Rental income does not cover mortgage repayments and there are no examples in the book suggesting so. Utterly disappointed.
Positively Geared: How to Build a Multi-million Dollar Property Portfolio from a $40K Deposit
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