Property Investment Podcast Network INSIDE COMMERCIAL PROPERTY: From 0 to 260+ properties in 7 years: Steve McKnight’s path to commercial property, no. 55
In this episode of Inside Commercial Property, we dive deep into the incredible journey of Steve McKnight, a trailblazer in Australian property investing. From his early days as an accountant to building a multimillion-dollar portfolio, Steve shares the secrets to his success.
Discover how his investments in positive cash flow properties and strategic commercial ventures transformed 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 $23.1 million 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 $45,000 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.