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Opinions on John Burley
From: Gareth
Date: 05 Dec 2000
Time: 19:26:18
Hi there,
I'm a newcomer to the world of real estate investing. Im 19 and have been interested now for about 6 months, although I can't take any action (obviously). I have Jan Somers' book "Creating Wealth Through Investment Property" and just purchased John Burley's new book. Unfortunately, I couldn't make it to any of John's recent seminars.
I'm interested to hear the opinions of RE Investors on the differences between the teachings Jan Somers and John Burley. I find it confusing when John Burley says he never negatively gears a rental property.....that he only buys positively geared properties. But Jan Somers' strategy is based entirely on negatively gearing investment properties.
Although I can see the advantages of negative gearing, it doesn't seem to make sense if it's possible to purchase positively geared properties.
Any thoughts/comments would be appreciated. I would be extremely grateful to hear from Jan Somers (I'm not sure if you read this forum).
Thanks, Gareth
Opinions on John Burley
From: Gareth
Date: 05 Dec 2000
Time: 19:26:18
Hi there,
I'm a newcomer to the world of real estate investing. Im 19 and have been interested now for about 6 months, although I can't take any action (obviously). I have Jan Somers' book "Creating Wealth Through Investment Property" and just purchased John Burley's new book. Unfortunately, I couldn't make it to any of John's recent seminars.
I'm interested to hear the opinions of RE Investors on the differences between the teachings Jan Somers and John Burley. I find it confusing when John Burley says he never negatively gears a rental property.....that he only buys positively geared properties. But Jan Somers' strategy is based entirely on negatively gearing investment properties.
Although I can see the advantages of negative gearing, it doesn't seem to make sense if it's possible to purchase positively geared properties.
Any thoughts/comments would be appreciated. I would be extremely grateful to hear from Jan Somers (I'm not sure if you read this forum).
Thanks, Gareth
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