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Viewing 20 posts - 1,101 through 1,120 (of 1,712 total)
  • Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Call it an upopular executive decision, but at the end of the day, I want discussion to get back on track.

    I received complaints from both sides (both in support for and against various forum members). Since it is impossible to try and fix the problem by leaving some posts and not other, I’ve decided to remove the lot.

    Go crazy with e-mails between yourselves, but remember that this is an investing forum, not a place for you anyone to make personal comments.

    To this effect, I have (and will continue to remove) remove all posts that are a personal nature that have nothing to do with investing.

    While I’m sorry for any offence caused, it’s that simple.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I agree that the 11 second solution is becoming hard to apply.

    Remember that this is just one technique – a rule of thumb if you like – but is not the be all and end all of property investing.

    I’ve found that the best deals need to be created, rather than simply found in newspapers and on the net.

    The answer is to think creatively and do things differently.

    Regards,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Well said!

    I’ll be a lot more happy when the forum reverts back to people asking questions and the community brainstorming answers.

    I’ve had enough of the critical banter and namecalling.

    I’ve taken the hands off a little bit lately, but I for one am not enjoying where the forum is going, and in order to bring it back on track I’ll be around a lot more over the upcoming weeks. Changes have already been made and more are coming soon.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Benson,

    I re-read my post and didn’t see any point about buying now… just the need to take a position and act accordingly.

    If your position is that it will be a good buying season soon, then the time to prepare is now, not when easy credit is a memory or when you can’t access cash.

    What I said is that recent sentiment simply marks the end of one phase and the beginning of another.

    Every investor needs to make up his/her own mind about what to do moving forward, but I would say that great deals exist in every market (when you know what to look for).

    Ill-conceived? I don’t think so. Just a warning for those about to go ‘boots and all’ into property that now is time for caution.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Good tip – but this is not available with the current version of Snitz. We are always upgrading and will keep your suggestion in mind.

    Re: deleted posts. This is not practical as to delete larger threads it would need to be done individually, which is most time consuming.

    Still, we generally don’t like to delete posts unless they are gross breaches of policy or abuse someone’s rights.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Yep – that’s what I meant [;)]

    Excuse my fat fingers.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    My rule is to invest anywhere in the world except Mackay.

    But that’s because I have ‘in-laws’ there [;)]

    Once again – location isn’t as important and strategy.

    +ve cashflow deals come when you match the right person to the right property (even in Mackay).

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    As someone who puts out educational resources and as someone who knows Robert Allen, I have to say that you got what you deserved.

    My advice – two wrongs don’t make a right!

    Trash you illegally gained spoils and do the right thing… go and buy another one at full price.

    You have to think abundance in order to gain abundance.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I wholely agree with other posts and join with them in thanking Bill for his input in this forum.

    His charity vision certainly sounds meritorious. Those who would like to find out more information about his cause or would like to donate money should contact him directly at: [email protected]

    Please, no further pledges on the forum – contact him directly.

    Thanks,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Bill,

    I tell you what… send them to [email protected] we’ll put them up on the site and then give out your e-mail at the bottom (with a big juicy plug) so people can contact you.

    I don’t like long posts with people leaving e-mail addresses. It’s an easy target for e-mail mine bots.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Heard an interesting quote on radio the other day. Derryn Hinch quoting from one of his mentors I think…

    “News is something someone doesn’t want printed. The rest is just unpaid advertising.”

    [?]

    Oh, and in my dealings with TT, they have always been professional, if not a little rushed. I guess they just have to get a cross section of stories up every night that appeal to their mass target market – hence property followed by shampoo.

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Provided these CDs are free then no problems.

    Pls confirm.

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    This topic has been deleted.

    References to share seminars need to be closely regualted due to licensing issues.

    Crashy – be very, very, very careful here as the ASIC is coming down hard on people without the proper authority!

    Also, mate, please don’t abuse this forum by making posts like that again. [:(!]

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    Check out their website http://www.personalinvestor.com.au/

    Some of the articles are available for free!

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Well, it just goes to show that a variety of opinions are always welcome here, provided they are expressed respectfully and pursuant to the forum rules.

    Thanks for your contribution Pinky, and to all those who take the time to answer posts to help members with questions.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I need to be quick…

    The reason why I don’t believe in the tax deduction side of investing is that it justifies a valid reason for making a loss or having -ve cashflow.

    As for depreciation – see my thoughts at: https://www.propertyinvesting.com/depreciation

    Depreciation is tax deferral, not a tax saving.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    We are looking at bolting on a chat room at a later date, but it would only be open a selected times to discuss a particular topic so that it could be like a mini online seminar.

    This may be some time though.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    My understanding is that the image was there after a modification to allow us to track people entering the site via google links.

    As such, it is not advertising in nature – more reflective that we use their free technology. Kind of like the link to Snitz at the bottom of this forum.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I have made some enquiries about this but have come up with blanks everywhere [?]

    Nivia… if you are out there pls get in touch. I’m starting to worry.

    Bye,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Alf,

    Yes – I agree with you!

    Building writeoff (now called capital works) comes off the cost base (ie. is not a balancing adjustment).

    However, depreciation of fixtures and fittings does NOT come off the cost base. Instead, it is (usually) repaid if the property value appreciated rather than depreciated.

    This point outlines the different tax treatment of the two types of depreciation deduction. See my earlier example to numerical clarification.

    Cheers,

    Steve McKnight

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

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

Viewing 20 posts - 1,101 through 1,120 (of 1,712 total)