I can’t help but strongly disagree.

We are taxed to the absolute hilt in this country – and one of the platforms with the introduction of GST was that stamp duty was going to be phased out.

Not only is this not the case, now we have a situation where a new tax will be introduced when a property has been sold.

And this particular tax, one on the…[Read more]

Hi,

I can think of two options:

1. Call in and pick one up from the office. We’ll be open until 5pm but call first 03 9897 1477

2. We could try and courier one out to you… again, call the office to see what can be done.

Bye,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi,

My understanding is that so long as your are not charging a commission for the sale (only a fee for research and passing on information as it were), or acting as an agent for the sale (ie. instructed by the vendor to find a buyer), then you should be OK.

Would be wise to obtain proper advice though.

Cheers,

Steve…[Read more]

Hi,

What this may mean is that investors will be inclined to refinance rather than sell, since that way profits can be accessed without the payment of stamp duty.

This may be OK for some, but if the additional borrowing is used for paying lifestyle expenses then it is a recipe for absolute financial carnage (as a result of the tax…[Read more]

Hi Tim,

Welcome to the forums mate. Glad you enjoyed the book.

Surely this can only lead to disaster for NSW property investing. Investors will simply head for other states where the laws aren’t so draconian.

Someone with some sense needs to sit down with the Carr government (and all others for that matter) and outline that the way forward is…[Read more]

Hi,

Just because I own this site doesn’t mean I should be immune from questioning and review.

To that extent, questioning intent is fine, but the inference that some sort of scam is/has taken place is my point of objection.

Defamatory comments, against me or anyone else, have no place on this forum.

Cheers,

Steve McKnight

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Remember…[Read more]

Hi,

Your point about making the post a sticky is well made and I have added that change.

FYI, the ability to make posts sticky only came into existence about a month ago.

Re: stars. Perhaps, to reduce any confusion, we’ll rename the ‘status’ to more directly reflect number of posts.

Personally, I like the starts etc. as I can check whether…[Read more]

Originally posted by CastleDreamer:
…Of course people will question Steve’s claims, but at the very least they should question the actual claim, not the perceived claims or the partially correct recollection of the claim. Then at least we’ll all be on a level playing field and looking at the same thing to judge it fairly

Here here. That’s all…[Read more]

Hi Kay,

No, I’m ALL for questioning things to make sure they are as they seem.

And to be fair, The MAP was broadcast to the public and as such the public have a right to know how it ends up.

So,let’s wait and see what happens prior to sending someone’s reputation to the gas chamber without all the facts.

Bye

Steve…[Read more]

In response to Kay’s comment:

I remember when the MAP stuff was first shown. The idea was to make “property millionaires” in 1 year. That was then changed some months later to “controlling 1 million of property”- a VERY different concept.

Factually incorrect. From the Media Watch site which is a direct quote from the story:

Steve McKnight: The…[Read more]

Hi,

Just before this gets too out of hand, there’s more to the story than the people at Media Watch would have you believe.

I urge you to wait for The MAP to be completed in September 2004 before casting your vote. Until then, guessing what might happen is like estimating tomorrow’s top tempreture – it’s mostly speculation and no one will know…[Read more]

Hi,

A transcript of the interview can be found at: http://sixtyminutes.ninemsn.com.au/sixtyminutes/stories/2004_04_04/story_1076.asp

Investing is a matter of matching risk with return.

It is also a matter of acquiring knowledge via a process called due diligence. Ultimately, if you don’t understand the nature of the investment then there’s a…[Read more]

Hi,

The idea behind the stars is to encourage people to particpate through discussion. It is not an indication (necessarily) of skill or property investing ability.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi,

I have seen Rick’s product, which is how I picked up that he had copied one of my templates and passed it off as his own. I was unaware that Jamie Mc. had anything that covered wraps.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Actually…. Myer is the ONLY store to discount the book.

They do this with the aim of having a loss leading product (a book) and making the profit on other purchases such as clothing etc.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi,

Good point about the refund policy. I’ve asked Alister to look into it, but the 14 day part is hard coded onto all products in the shop area and we need to change this asap.

The ‘No Hard Feelings’ refund applies.

Re: the product, it is a lot more than just a wrap product as it explains the way we automate our entire property business.…[Read more]

Hi,

Welcome to the forums. It would be great if you could contribute your experience and knowledge as I’m sure you have plenty to share!

To answer your two questions:

Q1: Re: Socio-economic profile.

I doubt anyone can give you a definitive answer although I’m sure many people have an opinion.

It is true that some wrappers target those who…[Read more]

Indeed – the same could be said for vendor financing.

Bye,

Steve McKnight

**********
Remember that success comes from doing things differently.
**********

Hi,

Like everything, wraps included, you need to weigh up the risk vs. benefit.

It seems this is a higher-risk strategy that will suit people, but not all. TT ran with one perspective, but the counter argument could probably have been presented with as much enthusiasm on a different night. Who knows?

Get educated and make your own informed…[Read more]

Indeed – money cannot buy happiness.

But it can buy back time that you’d otherwise have to allocate to working in a job.

Comfort zones are detrimential to investing progress.

Several excellent points:

Although I understand that achieving big dreams involves making big afforts sometimes; I also understand that nothing should be achieved by…[Read more]