Lloyd Edge - Positively Geared: How to Build a Multi-Million Dollar Property Portfolio from a $40k Deposit

First published in 2020 by John Wiley & Sons Australia, Ltd 42 McDougall St, Milton Qld 4064

Office also in Melbourne

Typeset in Garamond Premier Pro 12/15pt

John Wiley & Sons Australia, Ltd 2020

The moral rights of the author have been asserted

ISBN: 978-0-730-38446-5

All rights reserved. Except as permitted under the Australian Copyright Act 1968 (for example, a fair dealing for the purposes of study, research, criticism or review), no part of this book may be reproduced, stored in a retrieval system, communicated or transmitted in any form or by any means without prior written permission. All inquiries should be made to the publisher at the address above.

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Disclaimer

The material in this publication is of the nature of general comment only, and does not represent professional advice. It is not intended to provide specific guidance for particular circumstances and it should not be relied on as the basis for any decision to take action or not take action on any matter which it covers. Readers should obtain professional advice where appropriate, before making any such decision. To the maximum extent permitted by law, the author and publisher disclaim all responsibility and liability to any person, arising directly or indirectly from any person taking or not taking action based on the information in this publication.

To Riley.

Be inquisitive, and build your life on knowledge instead of waiting for someone to bring you the keys.

Lloyd Edge (Dip. Prop. S., LREA, Licensed Buyers Agent) is the founder and Managing Director of Sydney-based buyers agency Aus Property Professionals.

Only 10 years ago Lloyd was a school teacher living in a heavily mortgaged one-bedroom apartment. Today hes an award-winning Sydney-based buyers agent who has helped hundreds of Australians to overcome debt and get ahead financially through property investment.

Property became my passion, he says, when I realised it can be a vehicle to financial independence and lifestyle choices.

Lloyd has accumulated a cashflow-positive property portfolio worth over $12 million that allows him to live life on his own terms. He now lives in a beautiful waterfront property with his wife Renee and young son Riley.

For Lloyd, work is now a choice. As a buyers agent, he loves to help other people replicate his success and to inspire them to follow in his footsteps. This was his motivation for founding Aus Property Professionals, which in just four years became a seven-figure business.

Lloyd has been described as Australias leading equity growth strategist.

His diverse range of investment strategies place importance on achieving equity gains to maintain a cashflow-positive portfolio, an essential prerequisite to investment portfolio growth. His strategies allow him to manufacture equity without having to wait for the market to rise.

Lloyd has been a frequent finalist in the REINSW awards for excellence in the category of buyers agent. In 2018 he received Your Investment Property magazines Top Buyers Agent award; in 2019 Lloyd was a finalist in the Real Estate Business (REB) Awards. Under Lloyds leadership, Aus Property Professionals has also been a finalist in the REINSW awards for best buyers agency on a number of occasions.

Industry accolades for Aus Property Professionals include (at time of publication):

• 2019 Real Estate Business Awards: Lloyd Edge, finalist, Buyers Agent of the Year.
• 2019 REINSW Awards for Excellence: Renee Edge, finalist, Operational Support.
• 2019 REINSW Awards for Excellence: Lloyd Edge, finalist, Buyers Agent for the third year in succession.
• 2019, 2018 REINSW Awards for Excellence: Aus Property Professionals, among top three finalists in the Buyers Agency category.
• 2018 Property Investors Awards, Your Investment Property magazine: Lloyd Edge, Buyers Agent (ranked first in NSW, third in Australia).
• 2018 REINSW Awards for Excellence: Renee Edge, winner, Operational Support.

I would first like to thank my wife Renee, with love and gratitude. Renee has been an amazing support for me in everything I do. She encouraged me to follow my dreams and was a major catalyst in getting my business going. I love her more than life itself. Thank you, honey, for all your amazing love and support and for being a fantastic mum to Riley.

To Riley, you are the inspiration for everything I do.

To my mum, thank you for everything you have always done for me. I would not be anywhere (literally) without you.

To Anna, my amazing developmental editor. None of this would have been possible without you. I truly appreciate the tremendous task you took on with me and thank you from the bottom of my heart.

To my staff at Aus Property Professionals, particularly Tome, thank you for your tremendous work and support in the business.

Thank you to all the staff at Wiley.

Im Lloyd Edge, Australias leading equity growth strategist. Thanks for picking up this book. Lets get into positive gear and tap a rich vein of the Australian property markets together.

First-time investor? Or just tired of waiting for capital growth on your investment? This book offers you a step-by-step guide, offering you the same information you would receive if you hired me as your buyers agent.

So youre already ahead by more than $10 000 youre welcome!

In this book you will learn to work smarter in the Australian property markets, taking stress-free steps towards your financial goals by employing my proven strategy of finding high-growth properties then adding equity and enjoying cashflow every step of the way.

Its what I call my property trifecta: instant equity plus cashflow and capital growth!

I wont promise youll be buying your dream house this year, or even next year. I will show you how to achieve a positively geared portfolio of rental properties that will more than pay for itself and pay you a nice annual salary as well so you can quit the nine-to-five grind, starting with a deposit as low as $40 000.

My wife Renee and I bought our dream house, a six-bedroom waterfront property in Sydney, New South Wales, in 2018. But just 10 years ago I was a full-time music teacher earning less than $70 000 per annum, still paying off my first property a negatively geared one-bedroom unit in Rockdale and I realised I was never going to get that dream house if I kept doing what I was doing.

Now I have a property portfolio worth more than $12 million and a thriving business doing what I love which is helping people to become financially free, to make better lifestyle choices and to live the life of their dreams.