Total Members: 159,215

Steve McKnight

  • It has long been a struggle for foreign investors to borrow money in the US via mainstream channels.

    This is because without a social security number and a US credit score it was impossible to satisfy the requirements of mainstream lenders.

    Of course, purchasers could seek seller finance or hard money alternatives, but this can be expensive to…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Gurtofen,

    I acknowledge your humility in making your latest post and greatly respect you for doing so.

    Yes, there is considerable expense in getting six monthly US appraisals, but the cost is worth it for the accuracy and transparency.

    We are working on getting an investor portal implemented where investors will be able to download all the…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Good Golly! You’re like a dog with a bone on this. The definition I quoted, and the fact that I drew upon the varying names of the professional associations was a gentle nudge that in the real world of investing the terms can both have the same meaning, and my use of including them in the same paragraph was deliberate. It seems my attempts at…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Good Golly! You’re like a dog with a bone on this. The definition I quoted, and the fact that I drew upon the varying names of the professional associations was a gentle nudge that in the real world of investing the terms can both have the same meaning, and my use of including them in the same paragraph was deliberate. It seems my attempts at…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Well, in my defence, here’s how dictionary.com defines appraisal:

    “an assessment or estimation of the worth, value, or quality of a person or thing See also performance appraisal. 2. a valuation of property or goods.”

    In truth an appraisal or a valuation can be something basic, like a broker’s price opinion, desk valuation by a banker, or…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Well, in my defence, here’s how dictionary.com defines appraisal:

    “an assessment or estimation of the worth, value, or quality of a person or thing See also performance appraisal. 2. a valuation of property or goods.”

    In truth an appraisal or a valuation can be something basic, like a broker’s price opinion, desk valuation by a banker, or…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Gurtofen,

    If you feel my reply was defensive and condescending then I can only say it is a mirror of your posts.

    On some occasions people join, ask a leading question, only to really post a later reply for what they really wanted to say. In your case, no previous history, no apparent real name, and clearly an agenda to sow doubt.

    In any event,…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Gurtofen,

    If you feel my reply was defensive and condescending then I can only say it is a mirror of your posts.

    On some occasions people join, ask a leading question, only to really post a later reply for what they really wanted to say. In your case, no previous history, no apparent real name, and clearly an agenda to sow doubt.

    In any event,…[Read more]

  • Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 8 years, 10 months ago

    Hey Benny,

    Think of currency gains like capital gains. Some are realised when ‘sold’ (‘real gain’) whereas the others sit as unrealised (‘paper gain’).

    Often for smaller investors gains are not recorded until realised, but the Fund is a reporting entity and has to apply International Accounting Standard (IAS) 40 which says:

    “Investment property…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing, buy…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing, buy…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

  • For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.

    The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]

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Steve McKnight

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