Sold all his properties to his bussiness partner a couple of years ago
and he said in his newsletter that he would not buy any more property
just concetrate on the website and seminars
Steve Mcknight talks
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and he said in his newsletter that he would not buy any more property
just concetrate on the website and seminars
Seems a bit unreasonable to charge different prices for people that sign up later.
no different to an airline
Well he's made it rather obvious where the money is...
He was indeed.up to 11%. Steves an amazing investor with alot of brains. But hes not a great economist. Then again no1 is apparently.#credit crises#
PLEASE let us know where how??????
(I know again the comeback is it is up to him to disclose)
because Steve is telling us he is NOT
seems you are the only one who knows The Secret
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That's why I fixed couple of my loans, doh !
so... who was there? I thought it was really good - would have liked a lot more detail on some points tho
I went along to the Perth event also. Part of my continuing education to understand different perspectives in strategies and thoughts on the state of the market. I thought it was a well delivered talk as it kept the audience engaged and I picked up a couple of points to think about and follow up on. IMHO worth the $70 and 2 hrs driving in the context of my objectives for attending.
regards
Mike
regards
Mike
reckons growth is out for next few years. so...
* shoot the dogs. if you have made a loss (which includes something you bought a while ago that has gone up and then down) then be a man and cull it ... things aint going to get better
* dont go broke today trying to be rich tomorrow. basically get rid of neg cashflow props
* next 3 years you should buy CF props. then sell out and get into growth props. then at the end of that cycle sell out and get into commercial props. Didn't say what to do then but I assume retire?
* don;t buy fhob style props, they are bubbling (unless you plan to sell to fho's). instead buy the next rung up, aspiration style propertes I suppose you could call them. will benefit in the next cycle when the fho's want to upgrade
* shoot the dogs. if you have made a loss (which includes something you bought a while ago that has gone up and then down) then be a man and cull it ... things aint going to get better
* dont go broke today trying to be rich tomorrow. basically get rid of neg cashflow props
* next 3 years you should buy CF props. then sell out and get into growth props. then at the end of that cycle sell out and get into commercial props. Didn't say what to do then but I assume retire?
* don;t buy fhob style props, they are bubbling (unless you plan to sell to fho's). instead buy the next rung up, aspiration style propertes I suppose you could call them. will benefit in the next cycle when the fho's want to upgrade
Hmmm.....looks awful lot like what I am doing...
1. Have placed my last dog on the market.
2. Looking at next rung up properties as FHB properties are just ridicuously priced.
1. Have placed my last dog on the market.
2. Looking at next rung up properties as FHB properties are just ridicuously priced.
oh also he said that the only powerful position in this market is to be a buyer. he was worried that investors are paralyzed by fear and aren't acting
I understand this bit by itself but I'd love to know where the CF+ properties are in this 500-700k range.
yeah hey I have similar questions - and as luck would have it we ran out of time for Q's...
I've noticed that's a common feature of several seminars I've been to of late.
They must think people are stupid!! Cheers
LynnH
i was going to join his 'results program' and met him for a quick chat, then contemplated what his ideas were and decided not to in the end, there was a comment made earlier about his "religion"and i think he's slightly fanatical,
i don't ahve a problem with it, everyone to their own, but it slightly put me off, and also his ideas and charges for who knows what.......
also been to dean and elizas renovate to riches seminar with stevo backing him up..... and all the hype and yeah you know the scene.
wayne
i don't ahve a problem with it, everyone to their own, but it slightly put me off, and also his ideas and charges for who knows what.......
also been to dean and elizas renovate to riches seminar with stevo backing him up..... and all the hype and yeah you know the scene.
wayne
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