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More information on Steve McKnight

Steve McKnight

Steve McKnight began investing in real estate in May 1999. Five years on and, together with his business partner, they'd acquired over 180 properties at an average of a new dwelling every nine or so days. Currently their portfolio sits at approximately 100 income producing properties that deliver a net income in excess of $200,000 per annum.

McKnight's success is not a rags-to-riches story, rather it was a matter of him being unhappy with his chosen career and, after a stress related health scare, finding the courage to try something new.

His chosen outcome was to seek to invest in a way that would generate enough cashflow to replace his salary income, yet finding the right investing approach to deliver this outcome proved tricky.

In the course of his research McKnight found disturbing statistics outlining that the way most people invested in property (i.e. negative gearing) was flawed and not delivering sustainable profits. That's when he chose to pursue positive cashflow properties - meaning buying houses that made real money from day one.

His journey took him away from the glamour properties that the masses buy and into regional areas where the prices are lower and the yields are higher.

In 2003 he wrote From 0 to 130 Properties in 3.5 Years - a straightforward account of his experience and success in investing. It was well received selling over 100,000 copies and, for a number of weeks, sitting at #1 on the Non Fiction bestsellers. It remains popular, as evidenced by its status as the highest selling business book for 2004 (Source: ACNeilson Bookscan).

For the majority of 2004 McKnight mentored a small group of proteges to prove his success, based on commonsense investing principles, was no fluke. His proteges' impressive financial and personal achievements demonstrate that the right person, in the right circumstances, and using the right approach, can build substantial monetary and personal wealth using property.

A trained Chartered Accountant, a highly sought-after speaker and real estate commentator, and recognised as one of Australia's leading positive cashflows experts, McKnight's straight-forward and no-hype investing strategies have helped many other investors fast-track their property investing success.


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