STEVE’S SEMINAR – THE FEEDBACK

Hi,

Just quickly… the 11 Sec solution is not redundent as such.

It remains the basis of my investing approach, yet times have changed as as such the application of the theory must change too.

The revised formula that I work on does not focus solely on yield (as does the 11 Sec), but on the way that annual rent AND rental yield impact the value of properties.

If you can understand the relationship then, when you combine that with an understanding of the broader market, you can spot opportunities and secure a position where you’ll be well poised to capitalise on opportunities.

Cheers,

Steve McKnight

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

+ve cashflow remains the cornerstone of my wealth creation as I only invest in things that make money.

Good night,

Steve McKnight

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

Hi Shaun,

As far as the 70% lends, that is all that many NZ banks will lend when buying in certain towns.

I believe a couple of banks will lend the 80%, but not the ones that I enquired at.
It is to do with RISK.
Perhaps their upfront fees are higher to compensate..??

Regards,

Del

Hi Westan,

Without giving any of Steve’s surprises away, all I will say is that Steve’s upcoming book is going to be a great read with lots of truth, blood, sweat & tears!

A must read…if I do say so myself![blush2]

Del

Hi All,

My first seminar of Steve’s also. I found it very good value for money, but I would add a qualifier saying the seminar will be completely valueless if I don’t take any action from it!

The main reason I signed up is I was in the position of many people (confirmed by chatting to others at the seminar) of wondering what to do now the boom is over?

I now have the confidence to go forward with what I will call the ‘theory’ Steve outlined, plus the actual real world practical examples provided by the Mappers. Whilst Steve and Dave make making money look very easy, I found the struggle some of the mappers went through helped balance out that perception. They still achieved spectacular results, but you got a sense of their blood, sweat and tears as opposed to Dave’s nonchalent ‘I made a 100K in 5 minutes’ stories [blush2].

Another benefit was definately the rubbing shoulders aspect. Just hopefully making a few contacts and finding out about other people.

Anyhoo, lot’s more information than I could absorb so am thankful we did get notes in the end! I was also impressed by Steve and his sincerity. I had no problem with Dave’s style either and appreciate the time he took to answer a personal question I put to him.

Will see you in Sydney!

Ben

Hi Guys,

Very much enjoyed steve’s seminar and meeting many other forumites, yay!,

one thing i really enjoyed about steves seminar was… no talk or anything about cutting up credit cards… (sorry had to get that off my chest), overall personally for me, it seem steve was very clear in locking your profits in now (or taking them) and the velocity of money,

one thing that personally stood out of steve and what i quite like was, there was a similar approach in robert kiyosaki books, yet it was reinforcal to hear that information… and to keep in mind that money follows management…

A Congratulations to all the Mappers!

Cheers,
sis

ps… and Thanks for the Seminar Steve!

Wanna Talk About Stocks

Thanks Steve

PROFIT = PROBLEM + SOLUTION

Kind regards

Jet Dollars
[Retire Young, Retire Rich]
Share Investing Forum: http://www.aussiestockforums.com

Hey Guys,

one thing that i do admittly like that Steve said, and what i always love to talk about is the velocity of money…

one thing i really love about the velocity of money and its compounding effect… is trying to imagine the following…

“a cartoon, gold coin character” in a room doing push ups, sit ups, pumping some iron weights…

and then followed by the compound effect of many other “gold coin characters” all in the same gym room, pumping up… lifting and pushing more weights, more push ups and more sit ups…

… just thinking about it, makes you want to invest harder and more smarter…

Cheers,
sis

Wanna Talk About Stocks

Calvin,

I agree that many people attend seminars to develop confidence. I thik this is why so many seminar leaders add a “personal development” component to their seminars these days. The worst one I saw was when Brad Sugars asked his seminar attendees who thought they had the worst life. A young woman got up on stage, said she had no confidence, and thought of herself as really ugly. Brad Sugars made some very cliched comments, and then told her she had a “nice arse” as she left the stage…. I am not sure that if this woman lacked confidence for many years, that BS telling her she had a nice arse would be the panacea to her problems. I also think if people lack confidence, that it is often about challenging it in a long-term way. Paying many thousands for a weekend is, I think, a short-term fix.

I would definitely have gone to Steve’s seminar. I have to say Steve’s offer of a ticket was unexpected and seemed generous to me, and that certainly acted as a lure. I have never been to a seminar- I am not much of a seminar type, I don’t think- it was a cultural, familial way of seeing the world. I learn such a vast amount from Forums such as this one, and from other reading etc, that I tend to see seminars of offering other things to attendees- feelings of collegiality, perhaps, and of a common goal. As for information, I am more of a reader than a person who can sit for long in a room. It’s just a different learning style- but for many others, it suits them entirely.

I think it’s all about what motivates oneself. If seminars work, then lucky you

Re Steve and Dave’s seminar- sounded great, and the Mappers are always sharing their knowledge and experience. Seems like the formula’s there to please the audience.

kay henry