Steve McKnight replied to the topic Steve McKnight – 2016 Millionaire Mega Conference Melbourne in the forum General Property 10 years, 1 month ago
Saturday night.
– Steve
Steve McKnight started the topic Game changer For Property Investors in the forum General Property 10 years, 1 month ago
A game changer has been announced that will impact Aussie property investors, particularly those in Victoria.
Earlier today, the Victorian Treasurer – Tim Pallas – announced that from 1 July foreign purchasers of Victorian real estate will pay the normal stamp duty PLUS an extra 7% of a property’s value. It should be noted that this is an…[Read more]
Steve McKnight replied to the topic Steve McKnight – 2016 Millionaire Mega Conference Melbourne in the forum General Property 10 years, 1 month ago
Hi and thanks for the post.
We are just seeing how many tickets are left for Mega Conference and then will begin marketing this week.
My guess is that after the market updates we have less than 100 spots available.
FYI, Mega Conference will be in Melbourne on 20, 21 & 22nd May.
Another great line up of speakers this year, and I will be doing…[Read more]
Steve McKnight started the topic Don't forget to ask… in the forum General Property 10 years, 3 months ago
Many people find negotiation confronting and difficult, but here’s a tip to remember: be sure to ask for something you don’t want, so you can then concede it later on for something you do want.
Here’s an example, recently I made an offer for a house. The asking price was $350,000, and I offered $330,000 including all the furniture. I didn’t…[Read more]
Steve McKnight replied to the topic Does investing in the US actually work? in the forum Overseas Deals 10 years, 3 months ago
I’m in the process of selling my private US portfolio and bringing the money home.
I’ve made excellent growth returns, but the aggravation of dealing with rental management companies and the revolving cost of turning properties when tenants leave (or are evicted), has been a constant frustration.
Finding a good rental manager in the US is even…[Read more]
Steve McKnight started the topic New Option For Foreign Persons Seeking To Borrow Money In The US in the forum Overseas Deals 10 years, 3 months ago
It has long been a struggle for foreign investors to borrow money in the US via mainstream channels.
This is because without a social security number and a US credit score it was impossible to satisfy the requirements of mainstream lenders.
Of course, purchasers could seek seller finance or hard money alternatives, but this can be expensive to…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Gurtofen,
I acknowledge your humility in making your latest post and greatly respect you for doing so.
Yes, there is considerable expense in getting six monthly US appraisals, but the cost is worth it for the accuracy and transparency.
We are working on getting an investor portal implemented where investors will be able to download all the…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Good Golly! You’re like a dog with a bone on this. The definition I quoted, and the fact that I drew upon the varying names of the professional associations was a gentle nudge that in the real world of investing the terms can both have the same meaning, and my use of including them in the same paragraph was deliberate. It seems my attempts at…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Good Golly! You’re like a dog with a bone on this. The definition I quoted, and the fact that I drew upon the varying names of the professional associations was a gentle nudge that in the real world of investing the terms can both have the same meaning, and my use of including them in the same paragraph was deliberate. It seems my attempts at…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Well, in my defence, here’s how dictionary.com defines appraisal:
“an assessment or estimation of the worth, value, or quality of a person or thing See also performance appraisal. 2. a valuation of property or goods.”
In truth an appraisal or a valuation can be something basic, like a broker’s price opinion, desk valuation by a banker, or…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Well, in my defence, here’s how dictionary.com defines appraisal:
“an assessment or estimation of the worth, value, or quality of a person or thing See also performance appraisal. 2. a valuation of property or goods.”
In truth an appraisal or a valuation can be something basic, like a broker’s price opinion, desk valuation by a banker, or…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Gurtofen,
If you feel my reply was defensive and condescending then I can only say it is a mirror of your posts.
On some occasions people join, ask a leading question, only to really post a later reply for what they really wanted to say. In your case, no previous history, no apparent real name, and clearly an agenda to sow doubt.
In any event,…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Gurtofen,
If you feel my reply was defensive and condescending then I can only say it is a mirror of your posts.
On some occasions people join, ask a leading question, only to really post a later reply for what they really wanted to say. In your case, no previous history, no apparent real name, and clearly an agenda to sow doubt.
In any event,…[Read more]
Steve McKnight replied to the topic What do people think of Steve’s the US Passive Income Fund? in the forum Opinionated! 10 years, 4 months ago
Hey Benny,
Think of currency gains like capital gains. Some are realised when ‘sold’ (‘real gain’) whereas the others sit as unrealised (‘paper gain’).
Often for smaller investors gains are not recorded until realised, but the Fund is a reporting entity and has to apply International Accounting Standard (IAS) 40 which says:
“Investment property…[Read more]
Steve McKnight started the topic The Verdict On Steve McKnight's 5 Day Bootcamp in the forum Heads Up! 10 years, 6 months ago
For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.
The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing, buy…[Read more]
Steve McKnight started the topic The Verdict On Steve McKnight's 5 Day Bootcamp in the forum Heads Up! 10 years, 6 months ago
For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.
The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing, buy…[Read more]
Steve McKnight started the topic The Verdict On Steve McKnight's 5 Day Bootcamp in the forum Heads Up! 10 years, 6 months ago
For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.
The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]
Steve McKnight started the topic The Verdict On Steve McKnight's 5 Day Bootcamp in the forum Heads Up! 10 years, 6 months ago
For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.
The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]
Steve McKnight started the topic The Verdict On Steve McKnight's 5 Day Bootcamp in the forum Heads Up! 10 years, 6 months ago
For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.
The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]
Steve McKnight started the topic The Verdict On Steve McKnight's 5 Day Bootcamp in the forum Heads Up! 10 years, 6 months ago
For the first time ever, a special seminar was held from Wed 18 to Sun 22 November for 70 valued clients.
The setting was the 5 star RACV Healesville Country Club and the goal was to complete in 5 days what usually takes 12 to 18 months – to work through the whole property apprenticeship course – 66 sessions covering everything from analysing,…[Read more]
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