Forum Replies Created
Mini,
What have you done? How much is the NZ government paying you? [
]*sigh*
Next time you do this could you please put down an e-mail address where people can contact you rather than asking people to leave e-mails in the thread.
Sadly, software exists that strips these out and then sends spam by the truckload.
This post is now locked as Mini has said “no more”!
I have deleted references to e-mails to avoid spam.
Bye,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Hi Eternity,
Firstly thanks for sharing in your book “0-130 Properties in 3.5 years”. It was a great read and eye-opener. I really loved it!You’re welcome!
Would you care to share with us about how you are currently going in your Investing Endeavours?Yep – this is what I did at the recent seminars that I ran, however as a snapshot, I’m”
1. Continuing to buy +ve cashflow property
2. Selling investments (ie. taking profits) on properties that are not meeting performance goals
3. Still educating people about property
4. Being a new dad
Are you now 0-500 properties in 4.5 years?lol [
] No… we got to over 200 and then held back a little with the aim of building up our cash reserves.
Still “Wrap King”??I still firmly believe that when done correctly, vendor financing provides a win-win outcome for all involved. I was the first in Australia to offer a comprehensive program, but my Wrap Kit has not been available for sale this year as I stepped back and re-engineered my approach. It’s coming in 2004 though…
Have a very Merry Xmas,
Regards,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Hi,
Thanks for the post Richmond [
]I never quite got into deposit bonds as I say it as a way of achieving 100% financing which was a little too risky for my investing profile.
My read of the RBA statement is simple enough: Those relying on capital appreciation and in for a rough trot.
The raise in interest will effect profitability of investments that do not have a fixed rate. It’s a good idea for all investors to calculate at what interest rate +ve cashflow turns into cashflow neutral and take appopriate action before this occurs.
If rates get back up to around 8.5% then I think things will get a lot, lot worse. FMI see the article I wrote this back in 2002 available at:
https://www.propertyinvesting.com/article11_03Don’t panic folks, but the time is now to reassess your financial position moving forward.
Cheers,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Hi,
Yep – that’s what I meant [
]Excuse my fat fingers.
Bye,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
Hi,
My rule is to invest anywhere in the world except Mackay.
But that’s because I have ‘in-laws’ there [
]Once again – location isn’t as important and strategy.
+ve cashflow deals come when you match the right person to the right property (even in Mackay).
Bye,
Steve McKnight
**********
Remember that success comes from doing things differently.
**********Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
https://www.propertyinvesting.comSuccess comes from doing things differently
]
] No… we got to over 200 and then held back a little with the aim of building up our cash reserves.
