From 0 - 130 Properties in 3.5 Years Revised Edition
SteveMcKnight
Paperback
Description: A Brand New Edition Of The Best Seller.
“Property investors wanting to cash in on the next property boom have a six month window of opportunity to act or they’ll miss the boat.”
So says real estate expert Steve McKnight - a self-made multimillionaire whose first book From 0 to 130 Properties in 3.5 Yearshas sold over 160,000 copies and become Australia’s highest selling property title ever, McKnight says investors should be preparing for a bumper year in 2010.
“The smart money is targeting property as seasoned investors buy ahead of the boom. The time to prepare and act is now, because the next crop of property millionaires is being sown as I speak.”
As justification, McKnight points to Australia’s increasing population which is forecast to grow by 15 million people in the next 40 years.
“You have to wonder where everyone going to live. With more demand than supply, prices have to rise, particularly because the GFC and the subsequent credit crisis has meant that developers are not building enough houses.”
But not all property investors will benefit. McKnight says those who negatively gear need their heads read. “Investors need to make the most money, in the quickest time, for the least risk. Negative gearing where you borrow to lose money to save tax is sheer madness.”
In an effort to educate investors on how to capitalise on the good times ahead, McKnight has released a revised edition to his bestselling first book that also includes 16 new chapters. Included are detailed tips on how anyone can:
1. Create a positive cashflow property portfolio from scratch – even if they have little money or experience
2. Find positive cashflow property using his new 1% Rule
3. Identify what and where to buy to maximise profits
4. Get a great finance deal from bankers
Steve McKnight is a chartered accountant. His first book is the highest selling property title ever. His market commentary is respected and has been widely published in the TV, Radio and Print media.