Forum Replies Created

Viewing 20 posts - 1,081 through 1,100 (of 1,702 total)
  • Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    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.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi Eternity,

    quote:


    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!

    quote:


    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

    quote:


    Are you now 0-500 properties in 4.5 years?


    lol [:I] No… we got to over 200 and then held back a little with the aim of building up our cash reserves.

    quote:


    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.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    What actually kills us is the cost of bandwidth!

    Plus the cost of moulding the freeware Snitz into the product you see before you, hooked up to a quite elaborate database.

    Plus the cost of development.

    All up, we’re running at a cost of about $600 per week at the moment, which is (hopefully) recouped through product sales.

    Regards,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi Bear,

    Go to: [old broken link] and in the drop down box at the top right of the forum area select “show all topics”

    That should do it.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Julian,

    This is advertising mate and as such is not allowed on the forums. Sorry.

    Regards,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    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_03

    Don’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.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Bear has approached me privately re: this this post and I am happy for him to post it.

    As for advice, there are non-disclosure agreements you can asked to be signed, but at the end of the day acting in good faith goes a whole lot further.

    I guess you could ask the person to pay a bond of sorts, but I think you just need to work closely with a potential buyer to get a win-win outcome.

    Regards,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I agree to a certain extent, but changes have been necessary given the large number of posts. I suggest that you just pick a forum you like and make that your stomping ground.

    When we upgrade to the next version on Snitz I think things will move along smoother.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    quote:


    I want to see a share trader or property investor who does it fulltime without selling books and seminars. Does such a beast exist or would that be another amazing story?


    There are plenty of successful people who fll into this category, but you never hear of them because they don’t run seminars.

    The bottom line is that acquiring eductaion costs money. I bet that those who are a success have either been to seminars or else paid indirectly by making mistakes and learning that way.

    I share your thoughts about the Rich Dad thing… but after I realised that it was really just a story I said “Oh well, it helped me and that’s all that counts.”

    As for going public, part of the reason for me doing it was to share the message, to earn the income to make resources like this website available.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    So that there can be no confusion moving forward, if anyone has any comments about anyone – send them to me care of [email protected]

    Thanks,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Call it an upopular executive decision, but at the end of the day, I want discussion to get back on track.

    I received complaints from both sides (both in support for and against various forum members). Since it is impossible to try and fix the problem by leaving some posts and not other, I’ve decided to remove the lot.

    Go crazy with e-mails between yourselves, but remember that this is an investing forum, not a place for you anyone to make personal comments.

    To this effect, I have (and will continue to remove) remove all posts that are a personal nature that have nothing to do with investing.

    While I’m sorry for any offence caused, it’s that simple.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I agree that the 11 second solution is becoming hard to apply.

    Remember that this is just one technique – a rule of thumb if you like – but is not the be all and end all of property investing.

    I’ve found that the best deals need to be created, rather than simply found in newspapers and on the net.

    The answer is to think creatively and do things differently.

    Regards,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Well said!

    I’ll be a lot more happy when the forum reverts back to people asking questions and the community brainstorming answers.

    I’ve had enough of the critical banter and namecalling.

    I’ve taken the hands off a little bit lately, but I for one am not enjoying where the forum is going, and in order to bring it back on track I’ll be around a lot more over the upcoming weeks. Changes have already been made and more are coming soon.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Benson,

    I re-read my post and didn’t see any point about buying now… just the need to take a position and act accordingly.

    If your position is that it will be a good buying season soon, then the time to prepare is now, not when easy credit is a memory or when you can’t access cash.

    What I said is that recent sentiment simply marks the end of one phase and the beginning of another.

    Every investor needs to make up his/her own mind about what to do moving forward, but I would say that great deals exist in every market (when you know what to look for).

    Ill-conceived? I don’t think so. Just a warning for those about to go ‘boots and all’ into property that now is time for caution.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Good tip – but this is not available with the current version of Snitz. We are always upgrading and will keep your suggestion in mind.

    Re: deleted posts. This is not practical as to delete larger threads it would need to be done individually, which is most time consuming.

    Still, we generally don’t like to delete posts unless they are gross breaches of policy or abuse someone’s rights.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    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.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    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.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    As someone who puts out educational resources and as someone who knows Robert Allen, I have to say that you got what you deserved.

    My advice – two wrongs don’t make a right!

    Trash you illegally gained spoils and do the right thing… go and buy another one at full price.

    You have to think abundance in order to gain abundance.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I wholely agree with other posts and join with them in thanking Bill for his input in this forum.

    His charity vision certainly sounds meritorious. Those who would like to find out more information about his cause or would like to donate money should contact him directly at: [email protected]

    Please, no further pledges on the forum – contact him directly.

    Thanks,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Bill,

    I tell you what… send them to [email protected] we’ll put them up on the site and then give out your e-mail at the bottom (with a big juicy plug) so people can contact you.

    I don’t like long posts with people leaving e-mail addresses. It’s an easy target for e-mail mine bots.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

Viewing 20 posts - 1,081 through 1,100 (of 1,702 total)