All Topics / General Property / Steve McK (revised post)

Viewing 20 posts - 1 through 20 (of 36 total)
  • Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763

    Hi,

    I have deleted the other post of the same name because of the reference to another member being similar to Hitler.

    Sadly, that sort of personal abuse cannot be allowed and since it became a theme to the post, the entire thread needed to be erased.

    It’s a pity though as some made valid and excellent points.

    So, let me try to respond to some of the questions asked:

    My Thoughts On The Property Market

    If you have been reading my free newsletters, you will know that I have been writing heaps on my views on the changing property market.

    In particular, I am worried about those who have taken a growth at all costs approach, meaning they are highly leveraged and seeking cap appreciation, as it may come to pass that the general property market is flat for some time (maybe between 8 to 10 years before the next boom).

    In the meantime, we need to be very careful about what we buy, how we finance and what strategy we use. In short – there is still opportunity however relying on bought rather than made gains is unrealistic.

    Having said that, I have been wrong plenty of times before so it pays to understand the property market so therefore you can see the signs of change unfolding and react accordingly.

    At the moment though, uncertainty about oil, interest rates, world stability etc. promote more fear than speculation and as such prices tend to be soft.

    When your neighbour starts talking about property being the flavour of the investing month then that’s a good signal that times have changed.

    Mentoring Program

    Perhaps my communication was flawed.

    The reason why the monthly payment option being higher than the lump sum is because it is easier for us from an admin perspective to handle one payment than 12 monthly payments.

    That is, it’s about 12 times as much work to handle monthly payments than it is to handle one payment. Therefore, I tried to add an incentive to have people pay upfront rather than a penalty for those that pay monthly.

    Perhaps I should have worded it… the price of the program is $2,500, but if you pay upfront then you are able to gain a further $300 ‘ease-of-payment’ discount.

    Taking Advantage Of The Poor

    I apologise if I gave that impression, but that was never my intention. In fact, in the FAQ document you’ll see that I make a comment that only those who can comfortably afford the fee should consider applying.

    I would rather someone not apply than apply and suffer financial hardship as a result of their participation.

    Foundation

    I did not start a foundation to be glorified in the eyes of man. It is a private organisation and I reluctantly make mention of it for fear that my intention will be misunderstood.

    This endeavour is apart of Dave’s and my broader vision as part of our faith and personal journey. It is not a marketing tool which is why I have removed the reference to it from the Mentor FAQ area.

    I apologise if it came across, even slightly, as me trying to do this.

    Final Comments

    If you would like to contribute to an ongoing discussion on this matter then please do, but please refrain from any form of slander.

    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 grossrealisationgrossrealisation
    Member
    @grossrealisation
    Join Date: 2005
    Post Count: 1,031

    hi steve
    I must disagree with a couple of things
    number one I’m on the other side of the fence and see this market as a good time to make very good investments as long as your fundimentals are right and it doesn’t make alot of difference if you are in a bull market or falling market.
    I have the opinion that investing is a long time projection and cost of oil and global changes are factors that will impact but these to me are short term issues and are for day traders on shares to worry about.
    The second thing is that I understand this post and your reasoning but I don’t agree with having to reason any commercial decision that you make. If half my investment partners(including my accountant and legal team) asked me to explain my reasoning then they would be very quickly swopped to a group that is business focused but it is your choice and we do have freedom ( to some extent)of speech and accept differing views.

    third and final your person structure or personal details nice to know as they are, shouldn’t from my view be made public but again this is only my view

    here to help

    Profile photo of turbozturboz
    Member
    @turboz
    Join Date: 2004
    Post Count: 37

    Hi Steve and members
    I was left speechless this morning after reading some of the posts.
    I am still trying to work out how such a great and exciting opportunity has been torn apart and twisted in so many different directions.
    I for one am greatful to Steve and his team for putting this programme together.
    The mentoring programme sounds fantastic so lets hear some possitive feed back about something that has the potential to change our lives.
    Lisa[biggrin][blink][biggrin]

    Profile photo of voigtstrvoigtstr
    Member
    @voigtstr
    Join Date: 2005
    Post Count: 176

    Nicely stated :)

    You have my support.

    More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

    Profile photo of ozsparky200319117ozsparky200319117
    Member
    @ozsparky200319117
    Join Date: 2003
    Post Count: 65

    How sad that a few who clearly visit the forum & take what they need from it have to then abuse it & spoil it for others. Its very simple – if you can’t think of anything nice to say don’t say anything at all. I wonder how many people on this & other forums are taking a stab at getting out of the rat race because of Steve? I’m sure by now Steve is well passed the stage of needing to do any of this stuff so why look for ulterior motives? Go pick on the genuinely shonky people instead – plenty out there to choose from!

    Sparky

    Profile photo of quigglesquiggles
    Member
    @quiggles
    Join Date: 2002
    Post Count: 98

    To all except professor.

    Ignore the drivel and the driveller. Above all, don’t respond to the muckracking. It’s called trolling and its only purpose is to draw a reaction – typical immature behaviour.

    To put the discussion back on track, I’d be interested in finding out what most people see as the most valuable part of the exercise – the written resources, the mentor, the goals and the accountability, the networking opportunities or what?

    Profile photo of voigtstrvoigtstr
    Member
    @voigtstr
    Join Date: 2005
    Post Count: 176
    Originally posted by quiggles:

    To all except professor.

    Ignore the drivel and the driveller. Above all, don’t respond to the muckracking. It’s called trolling and its only purpose is to draw a reaction – typical immature behaviour.

    To put the discussion back on track, I’d be interested in finding out what most people see as the most valuable part of the exercise – the written resources, the mentor, the goals and the accountability, the networking opportunities or what?

    I’m particularly looking forward to the starting kit and the monthly folders. I’m looking forward to finding better ways to find problems, create solutions, and make profits.

    More stuff on the voigtstr at http://users.bigpond.net.au/voigtstr

    Profile photo of quigglesquiggles
    Member
    @quiggles
    Join Date: 2002
    Post Count: 98

    It may not sound that good, but I think that having someone make you state your goals and hold you accountable – perhaps brutally accountable – for their achievement or failure may well focus the minds of many. I have always had goals, but did not start out methodically working towards them. This could have really helped.

    Of course, these days I hold myself accountable. No critic like a harsh critic. [biggrin]

    Profile photo of turbozturboz
    Member
    @turboz
    Join Date: 2004
    Post Count: 37

    Hi All
    I agree being held accountable for my goals and getting that little kick along when I need it will be great.
    Also for me will be the networking as I am on this jounerny alone.My husband is not as keen.
    So having others as interested as me will be fantastic.
    Lisa [biggrin][biggrin][biggrin]

    Profile photo of SnowySnowy
    Participant
    @snowy
    Join Date: 2004
    Post Count: 89

    Hi,
    I agree with what Steve is doing it’s great.[pleased]

    People will think that he is going to give it to them on a golden platter & everything is roses, but nothing is every easy. [mellow]
    You just need to have a go & not give up when times get tough, believing you can succeed is the key.

    I agree with Lisa as I’m in the same boat.
    It will be great to have other people in the same situation to talk too.

    I know I will be a happy little chappy if I’m excepted into the program.[thumbsup2]

    Good Luck to all that would like this chance to make a different in your day to day life.

    But that is just be opinion. [upsidedown]
    Snowy [wink3]

    Snowy | Cre8tiv Home Styling
    http://cre8tivhomestyling.com.au

    Profile photo of grossrealisationgrossrealisation
    Member
    @grossrealisation
    Join Date: 2005
    Post Count: 1,031

    hi all
    I enjoy the forum and use it to network with investors and as its open to all to have there say you get differing views.
    I must admit I am looking at investing from a different view point from steve but I take my hat off to him for putting this web site together and allowing us to have our say.

    here to help

    Profile photo of kasiakasia
    Member
    @kasia
    Join Date: 2004
    Post Count: 7

    Steve is offering ordinary Aussies, of all ages and incomes an opportunity to change their lives for the better IF they CHOOSE to. Sure there’s a cost if you want to be involved but Steve is taking up his own time to help others and that is a huge commitment on his behalf. [biggrin]

    We should all be thankful there’s someone out there who is willing to lend a helping hand, to share his wisdom and experience as well as allow others to learn from his mistakes.

    k.radzki

    Profile photo of mistymisty
    Member
    @misty
    Join Date: 2004
    Post Count: 72

    HI

    I too take my hat off to Steve. I am sure he has heaps to occupy his time but he cares enough to do this.

    I am really hoping to get accepted and am looking forward to
    the networking with like minded people,
    mentoring and being made accountable,
    general knowledge about property,
    the chance to change for the better.

    hope to be part of the journey

    Profile photo of markpatrickmarkpatrick
    Member
    @markpatrick
    Join Date: 2004
    Post Count: 94

    I can`t find this thread you are all talking about, but I agree and disagree with the mentoring idea.
    I can`t help but think that Steve and other seminar/strategy salesman at the end of the day would earn thier money in property if they could, since they can`t they play the amway/money streams game.
    No malice in my opinion but it`s what I believe to be fact.

    Profile photo of Investment DetectiveInvestment Detective
    Member
    @investment-detective
    Join Date: 2004
    Post Count: 105

    Hi markpatrick

    Steve and Dave are hard working and overwhelmingly generous business men, if there is one key thing I have learnt from them is that its not about the money, they both have the means to stop working but what whould they do with them selves.

    I came to the same realisation and when I get into a position of not needing to work anymore I have a plan to use my skills and time productivly as Steve and Dave do, I couldn’t imagine how boring and wasteful it would be to not work.

    Steve and Dave contribute their time to others and set high standards for those they help to live up to.

    I cannot begin to explain how much they have helped and pushed me, after a year for knowing Steve and Dave I can say with confidence I have a bright future and I aim to be as honest and hard working as they are, and when I don’t need to work I hope to work to help others as they have helped me.

    Phil

    Profile photo of quigglesquiggles
    Member
    @quiggles
    Join Date: 2002
    Post Count: 98
    Originally posted by markpatrick:
    I can`t help but think that Steve and other seminar/strategy salesman at the end of the day would earn thier money in property if they could, since they can`t they play the amway/money streams game.
    No malice in my opinion but it`s what I believe to be fact.

    I think you are ignoring a very sensible possibility. Why can’t they being doing both? Sure, they can make money from the seminar biz, but you must be aware that they have been active in property recently in both NZ and the US – it’s been in the papers.

    In fact, someone in this forum was complaining that they were still active in property, and why couldn’t they leave well enough alone to leave room for other guys.

    Profile photo of markpatrickmarkpatrick
    Member
    @markpatrick
    Join Date: 2004
    Post Count: 94

    I understand your points of view but I disagree.

    Yes there is two ways of looking at anything.
    Yes it would be boring to retire do nothing or go on holiday forever…..true.
    But hey are you saying they have no interest in earning ANY more money only in helping others, sorry not buying that one.
    It is all about giving good value, maybe they do maybe they don`t but I`m not buying.
    Just giving another outlook on it.
    As I`m not buying does it place me in a close minded group of individuals who will never acheive or learn…..nope, there are things I do buy when I see value.

    Profile photo of munjymunjy
    Member
    @munjy
    Join Date: 2005
    Post Count: 129

    How come everything said above has to be mutually exclusive?

    Why can’t Steve be trying to make as much money as possible, yet at the same time, help others to make money? And at the same time get some more publicity? And at the same time be charitable? And… etc you get the idea… Maybe this is the kind of win/win deal he’s always looking for?

    Munjy

    Profile photo of quigglesquiggles
    Member
    @quiggles
    Join Date: 2002
    Post Count: 98
    Originally posted by munjy:

    How come everything said above has to be mutually exclusive?
    [snip]
    this is the kind of win/win deal he’s always looking for?

    Precisely my point as well

    Profile photo of markpatrickmarkpatrick
    Member
    @markpatrick
    Join Date: 2004
    Post Count: 94

    Precisely what I have said on many occasions with regard to having a “mutually exclusive” outlook to the detriment of being openminded to possibilites, one being with regard to buy and hold strategies!.
    But in this case I make an exception… tenfold.
    I fail to see how on such a grand scale such dramatic predictions can be made or strategies used regarding R/E, especially given the current “climate”.
    I am wondering what is actually the aim of the mentoring program and what do the participants hope to acheive?, they must be expecting miracles to fork out that kind of dough!.

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