The Secrets Of Property Investment

"What is it about property that brings out the worst in people?"

Saturday, December 13th 2003, 6:54AM

by The Landlord

Okay. Maybe the question was loaded. But veteran investor Olly Newland doesn't pick me up on it.

"It's the big numbers," he answers.

This from a man who called tenants "the enemy," real estate salespeople "the afflicted" and bankers "reptiles;" advised landlords to look for ways to legally break commercial leases ("It's your job"); and suggested renovating a home before sale can be a quick "painting over the cracks" effort.

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