Nazzy,
Why on earth would you give up university?
For S.McK’s once a week email telling you the virtues of how to participate in the property game.
With a young brain, you should be able to suck up university and do S.McK’s weekly course on your ear.
Property is absolutely dead boring.If it’s done right, watching grass growing is far more…[Read more]

The only difference is, the solicitor will charge you more. Seeing he’ll have too do the real estate’s contract paperwork.

bruham.

It must be all the new posters who want the mentoring.There’s plenty of them!Every second post is from a newbie.

I find it amazing that regular members of this website would need mentoring.
If you’ve been reading this site for awhile, you would think mentoring would be un-necessary.
Absolutely amazed at the amount of posters puting up their…[Read more]

I found the perfect software for managing my rentals.
I went to this(our) website’s archives, only to find then LOCKED. Not much good having archives if they’re always locked.

Went to the ENEMY’S website.Somersoft.com.au.
Then to their archives. Typed in “software” and bingo. Five different products.Checked them all out.Excel property managment…[Read more]

Nothing wrong with living by the skin of your teeth.
Provided you win.Losing “ain’t” much fun.
I did the same for years.Borrowed up to the eyeballs!
Didn’t pay tax for years.
Gave it all to my daughters, in the form of trusts.
Three point two million dollars worth of property each.
If you have the BALLS, go for it.But you are gambling on good…[Read more]

G’day stephen g,
I’m involved in listed and unlisted property trusts.
Listed trusts,you buy and sell through your stock broker.They are listed on the stock exchange.Can buy and sell anytime.
Unlisted trusts must be held for the life of the trust. Mine are usually for seven years.
I’m looking at one now, Austgrowth. Commercial building in…[Read more]

G’day Steve,

This is the easiest question I’ve ever answered.
The answer is NEVER.
Gov’t worker.
Own my own business,have two employees,not including me.
Share trade.
Part time taxi driver(weekends).
Didn’t like my age, so I reduced it by ten years.
So I’m now fifty years young!!!

Financially, I’ve reached my point of living in comfort a few…[Read more]

Mini,Mini,Mini,

Do a Steve McKnight. Write a book.
Those Cds only reach people on this website.

Write a book,and all Aussie sees it. Hopefully they’ll also buy it and read it.

I’m sure Steve will asist you if need be.

Write it as a workshop manual.
Step one, step two. etc.
At the end of the book,print the most commonly asked questions over the…[Read more]

JKM,

Since the last post,I’ve spoken a person in the know about the positions of these clubs.
With the new poker machine tax a lot of small clubs will go to the wall.

My information comes from the Dee Why RSL(on Sydney’s Northern Beaches).
Dee Why RSL is a medium size club. To survive the club has built a ten pin bowling alley in the place of…[Read more]

G’day Mini,

When I first started reading these kinds of websites(Somersoft),Steve McKnight was far and away the best poster. No could not touch him for his intellectual comments, as well as his down to earth approach to the subject in discussion.
You knew he could and would go far.
Steve was a winner.

He dropped off Somersoft as I did later…[Read more]

If there’s going to be a bubble burst in USA property prices, how much will all those Aussie investor’s properties drop in price?
If the top of the bubble was seven thousand dollars a house, how far could these properties fall,I would have thought that seven thousand dollars would have been the bottom of the barrel.
My thought!

bruham.

abugslife,
Your property deal will need a lot of due diligence.
First question, can the area support this development?
Other questions like, how many units are vacant.Is the neighbour-hood swaped this type of development?
Who’s going to lease the place?
Has any of the other units been sold?
If they have,what will these units be used as?
Are there…[Read more]

The question from me is, what do we investors do for future investing?
Property is flat,for now.
Shares are up through the roof.
Cash looks like the only option. AT 5.5% or 6%
at ING and BANKWEST.

I must admit to liking the idea of having a decent cash balance in ING.
On a balance of two hundred thousand, at 5% gives you a gross return of ten…[Read more]

G’Day Mini,

Quite awhile ago I asked you “what did you learn from S.McK.’s Seminar? You replied “heaps”.
You didn’t elaborate. So now I’m asking, how has S.McK.’s Seminar change you from “before” to “after”?
I’ve notice a difference in you. You don’t debate as you use to.Don’t jump in any more.Don’t post as much.
I once asked you, had you found…[Read more]

G’Day,
Sorry if I offended you all! It was just tongue in cheek. I didn’t realize how sensive you are.

All my life I’ve had to fight to stay with the pack.Not being the brightest star in the night I worked harder than most.
Competition is the only way I can judge how far I’ve come. So for Steve to say it’s not a race, to me, is a little…[Read more]

With S.McK. guidance they should be adding the U.S.A. to their website.
Australia and New Zealand have peaked.
So Stevie,we’re off to the land of ‘big is better’. Including their WOMEN.Jumbo size, can’t wait!!!!

bruham.[inlove]

Another reason STEVIE can’t afford to stop buying property is, he only owns a quarter share of everthing he’s involved in.
If the big “D” comes (divorce) and Bradley spits the dummy. That leaves STEVIE with only a quarter share.
DIVORCE is worse that DEATH!!!
When you’re dead you don’t know it.
When you’re divorced you bloody know it -for the…[Read more]

Come on all you Steve fans. Grab your buckets of money and rush off to the U.S. and buy,buy,buy.
So far S.McK. is far and away in front of anyone on this website, so let’s copy Steve.

Notice how Steve doesn’t let his loyal fans into anything he’s upto. Not even after the event.

Maybe “we” give out too much information for our own good!
Is this…[Read more]

Where does all their information comes from?
Me,being a realist, means I don’t believe one bit of this crap.
I wouldn’t read a Kiyosaki book after reading Rich Dad,Poor dad.Pure fiction.

Maybe I should buy myself a crystal ball so I can predict future events.Like when will my lotto numbers come up? I might then buy a lotto ticket.

If any of the…[Read more]

G’day dmichie,
The trouble with having a property down turn,is that all other segments of industry follow.
The building game supports more side industries than all other industries put together.
Suppliers of all types of building accessories. Baths,taps,nails,paint,timber,bricks etc
Tradesmen out on their ears would be…[Read more]