This book was very similar to the previous property investment book I read, Property Magic: How to Buy Property Using Other People’s Time, Money and Experience. The buy, remortgage, reinvest technique was exactly the same but one thing that this book covered, which the previous one did not, was ways to identify the going market rate for an area and then ways to find and identify the below market rate properties. This was basically the missing piece of the puzzle.
If this is the direction you want to go in, it’s probably best to buy both books as the first one I read goes in to the process with a lot more depth than this one.
One of my friends is following this system and just bought property #2, I’m still on the fence about it as I fear change, and interest rate increases.