response to bbruham question

thought this was sufficiently off topic from ‘mcknight buys shedloads of US houses’ to start own thread.

“G’Day Mini,
Quite awhile ago I asked you “what did you learn from S.McK.’s Seminar? You replied “heaps”.
You didn’t elaborate. So now I’m asking, how has S.McK.’s Seminar change you from “before” to “after”?

before seminar: freelance self employed prof. ‘if i don’t work I don’t get paid’. paying rent in Sydney. spend everything you earn and a bit more on the credit card

after:
invest in 3 cheapie houses in NZ cashflow 20 percent after reno. Paid cash. Income from rents enables me to live rent-free (equivalent) in Sydney.

AHA!!!

and that was just the beginning. But it’s already life-changeing then and there…live rent free…
Extra time freed up spent starting up two new business. Both HEAPS OF FUN. One requires 80k startup capital. One doesn’t, is a human resources business. Pull this out of houses which have tripled in value. And still have 2 houses and bought a duplex.

AHA!!!

Now have completed 80k prototype of intellectual property which could sell for anything from 0-Millions. If zero, then “property let me afford a really expensive and fun hobby while working LESS hard not more hard.”

If millions, then “property was leverage for me to get to a level I could not previously imagine had been possible.”

It’s weird…I’d pulled out 80k in cash to do this prototype but still had twice the amount I started with, which presently grew back up to 3 x the amount I started with. Now that capital gains have supposedly slowed in NZ, hey, I am making more and faster than I was when it was going up like mad. Explain that? Ok, well it’s the skill of the investor, not a victim ‘ride’ along with the market which is how most people do it.

Seminar – back to that for a sec – teaches you those SKILLS. As I tried them out one by one, THEY WORKED!

property now – done 180 deals in the last year. bought, sold, flipped, flicked, JV’d, am building a multi-res development in NZ now. Everything except WRAPS. Stayed away from them, too busy, too ‘human’ an investment, I prefer bricks and sticks and dirt. people are now even trusting me with power of attorney to go do deals with their money for a cut (of liability as well as profit, of course.!)

“I’ve notice a difference in you.”

Damn straight! Who wouldn’t be different after “making their dreams come true” sickly skitey though that sounds. True but. Not everyone who goes to Steve’s seminars does something, but I did. And in the face of MUCHO opposition (98 percent of people said I was nuts buying in NZ for 16k per house. Did it anyway. Hah!

If I hadn’t done that I would have spent the money (start up capital) over 2-3 years and still been ‘if I don’t work I don’t get paid’.

“You don’t debate as you use to. Don’t jump in any more. Don’t post as much.”
Partly because I am too busy, partly because I got bored with the same old negative posts and newbie posts, after 2-3 years diligently trying to answer all the questions I thought ‘you know, just search the forum why don’t you.’ It has already been said, by me, here, so why not let someone else say it cause they obviously didn’t get it when I said it.

Partly cause I care less. I can’t shout down the negativity, so I’ll leave them to it.

Partly because 98 percent of people now wish they had bought a lot of houses in NZ when they were 16k. Vindication and all that.

“I once asked you, had you found GOD”

Funny that. When you get your life back you stop struggling and it does tend to make you more philosophical: more realising that there are no victims, that you (me) could have still been ‘there’ wingeing and making up stories about why I wasn’t rich or whatever instead of realising that if I want financial security and choices, I can make that happen. Realising we are powerful creators and can make things happen.

So where God comes into it, is that suddenly when you feel better about yourself, you are happier, you feel more like helping others, feel more connected to others, you have time to care, you feel more valuable to the world than you did. now I have choices like…crikey at this rate i’ll die leaving at least 5 mill behind. So at ten percent that’s 500k a year indexed for inflation. At ten times the average wage that’s 10 people forever fully waged working for ‘the environment’
or ‘pick a good cause’. Now this is (me) a person who thinks ‘man, I should be caring or doing more for the environment’. Now property investing (fast forwarding a bit here) has given me or will give me when I die, the chance to leave a legacy to the world. I mean how cool is that. Or maybe I will buy some really expensive city real estate for 5 mill and say ‘this is a park’. for ever.

or, or…who knows. But is that not MINDBLOWING to have come from ‘if I don’t work I don’t get paid’ to ‘what should I leave my expected 5 mill legacy to?’ Damn straight.

So I guess I realise now I have more power than I did. I had the power then, but didn’t realise it, so therefore i didn’t see it.

Deep? And I have time to think about God. Funny!
I was born into an Anglican family and so I was confirmed and the whole bit and sang in the choir so it’s not as if I had to see a burning bush and get saved, I was saved, but nowadays I have more time to Read, Think, Care, Contemplate.

” or had BOY troubles etc.”

When someone’s light goes on (as I feel mine did) it does affect those around you. You can’t keep emotional attachments to people who don’t get how you are changed for the better.

Happily this didn’t happen to me and my loved ones though dubious for a couple of years have seen it’s an amazing thing.

“It couldn’t be one seminar, surely!!!”
It was and it wasn’t. It was, because I got to be in a room where investing was the NORM. Everyone with a zillion properties once upon a time bought their first. Nobody in the room had inherited, that I met, they’d all made it ‘from nothing’ in one lifetime.

Also there was a moment where Steve winds up and challenges everyone to do something. I had been picked out of the audience by ‘who knows which powers that be’ to be a guinea pig for Lauren Burns where she gets someone to karate chop a block of wood in two with their bare hands. No previous experience necessary. I am a piano player so I would have been probably more scared of doonging my hands as anyone, give or take the surgeon.

but I did it. It was intense.

So anyway at the wind-up when Steve looked around the room and said ‘I challenge you all to TAKE ACTION’ I thought – well what with the wood – I would. And so I decided it and then I did it and then it worked.

So yeah it was the seminar that was a big part of that for me.

hope this explains
cheers-
Mini

PS
if you still need more, I bang on about myself and property investing most convincingly, along with 4 much more intelligent and fun investing compadres, all who have way much more money than me on a CD available at

nzpropertytogo.com