Show Notes
For anyone under the age of say 25, I imagine you don’t know who Steve McKnight is.
Let me enlighten you and give you a rundown on who this man is.
Steve was an unhappy accountant who whittled his hours away at a large accountancy practice, thinking…..
“There must be a better way”! (Is anyone else in this situation? I know I was!)
With his good friend and colleague, Dave Bradley, the two of them created their own accounting firm with the goal of buying 130 properties in 3.5 years!
This led his through a journey that lead to financial freedom at the age of 32 by harnessing the power of positive cash flow property.
Isnt this insane!?
One of the reasons for the book’s popularity is its refreshingly honest analysis of the myths associated with investing, as well as thought-provoking commentary on the financial and non-financial skills needed to be a successful investor.
This man has nothing but golden nuggets of wisdom, he is one of the highest-profile guests we have had on and we’re not going to pull any punches!
Join us live Wednesday night 7:30pm NSW time!
What questions would you like to ask Steve?
Topics we’ll be talking about include:
- How to create your Financial Freedom Blueprint. This one is bound to be juicy, insightful and actionable!
- An overview of how he got to where he is now – You’ll be surprised that it’s not all about property!
- The danger in using investment returns to leverage lifestyle.
Episode Highlights
09:59 Investments are only good as the assumptions
15:42 Introduction of Steve
21:18 Can we go from zero to 130 Properties?
23:42 How would a 22-Year-old Single income go about building their wealth?
26:09 What does managing money look like?
28:50 What are some of the Opportunities you are seeing out there in the property markets nowadays?
35:31 Investing Horizons
39:38 How do you feel about debt?
45:10 Where is the opportunity today to use skill to build value?
50:44 Property Investment & Risk
1:03:32 Live Property critics
1:19:33 What are your thoughts on Commercial investing?
1:28:13 What are the opportunities and solutions around all the problems to make our investing profitable?
1:34:54 Questions to Ask a Real Estate Agent
1:37:24 Have you ever bought a Unit?
1:39:30 How much do you need to be financially free?
1:57:10 What would your advice be for those who have zero, 1 or 2 properties right now? Would it be to wait until the market continues to drop?
2:01:50 How can people learn more about you or help out in any way with you?
Episode Resources
Connect with Steve McKnight: http://www.stevemcknight.com/
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.
