In this episode of the Inside Commercial Property Podcast, Scott speaks with Steve McKnight, a commercial property veteran with over 21 years of experience. From his early career as an accountant to building a multi-million-dollar portfolio, Steve shares his expert strategies for succeeding in real estate.
In 1999, after attending a seminar in Sydney, Steve discovered the power of positive cash flow properties and strategic commercial investments, transforming his financial future.
Learn about the importance of cash flow, quality tenants, and leveraging opportunities during economic downturns, including his bold moves during the Global Financial Crisis.
Steve also discusses his transition into commercial property and why it's becoming an increasingly popular choice for investors looking for stability and high returns. With insights into his $23.1M Melbourne commercial property investment and his advice on starting small, conducting thorough due diligence, and seeking expert guidance, this episode is packed with actionable insights for aspiring investors.
Key Takeaways:
• How Steve turned a $45K investment into a diversified portfolio
• The importance of positive cash flow properties and tenant quality
• Why commercial property is a smart choice for income-focused investors
• Strategies for investing during market downturns
• The value of partnering with experts and conducting proper due diligence
Learn more: [ Ссылка ] [ Ссылка ]
Book a consultation: [ Ссылка ]
Ещё видео!