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  • Profile photo of Matt007Matt007
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    Hi Bob
    I emailed your website about a week back, haven't heard anything back yet..you folks must be busy :D
    I'd be interested to hear more about it all as well as hear from people who've done the course, even back in 2007, to see the results etc.

    Thanks
    Matt.

    Profile photo of Matt007Matt007
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    Has anyone done this seminar and if so can you speak of the results, I don't wish to hear about course content as that's outlined already, more so what you've done with it, the pros and cons/goods bads etc. I'd like to know if people have used the information and strategies, done JVs etc and what the results have been.

    Thanks
    Matt.

    Profile photo of Matt007Matt007
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    HI MrFairGo..not sure why that is..but try [email protected]..
    Thanks! :)

    Profile photo of Matt007Matt007
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    'gday MrFairGo..I'd be interested in hearing more about that.. if the offer is open.. PM me and perhaps I have some information or contacts etc that may be of benefit to you as well.. never hurts to ask :)

    Profile photo of Matt007Matt007
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    Anyone know which companies are sniffing around the Bowen/Ary Basin areas?

    Profile photo of Matt007Matt007
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    wealth4life.com wrote:
    You can also do Marks "Conclave" 3 day course at the Versace hotel on the GC it's only $74,000.00 per head and includes a black tie dinner.

    I also believe that Henry Kaye is running private courses in Melbourne invitation only $20,000.00 each for two days …

    There's great money in these courses at those prices … I think more people should be doing them … Maybe Steve should put the price of his 3 day up to meet the industry standards set by Mark, Henry, etc the more expensive the course the better it is right?

    D

    $74K?????? Are you f***ing serious???? That guy has lost his friggin mind and I cannot believe ANYONE would be so stupid as to hand over that kind of money without DEMANDING proof of his claims in writing from a solicitor..all that NLP has gone to his head and he's obviously believing his own press….

    that is just laughable….megods! Thanks W4L..that's given me the best laugh I've had all week..

    Unbelieveable…

    Profile photo of Matt007Matt007
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    spam spam spam spam spam spam spam spam … get rid of this monkey..

    Profile photo of Matt007Matt007
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    Thanks W4L: appreciate the explanation.. yes I thought I had heard of these types of things occurring before, but wasn't 100% sure we were talking about the same thing, but great idea to bring it 'out in the open' some more. I can see your point on the needs on both sides of the table, and I guess if both parties are exiting the deal with what they want..the no problems!

    Please keep me posted, I'd be itnerested in learning more.

    Cheers
    M007

    Profile photo of Matt007Matt007
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    So you can trade property for another 'commodity' such as a business of equal value? Is that right? I'd be curious to hear about the process/legals etc…interesting concept though, and I guess in the current market anything could be 'traded'..i could see the need for some solid due dilligence on both sides to ensure it was an equitable trade..but sounds very interesting.

    Profile photo of Matt007Matt007
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    SeekOptions: You say this "very popular thread" and "tens of thousands of people in it"… if you think this is a thread singing Mark Rolton's praises, I'd suggest you go back and re read it. Have you done any options? Do you have any experience with Massland? Do you have verifiable written proof that Mark has $550Million worth of projects? Have you been paid by him? Are his staff experienced in doing deals having done many of them themselves? *pauses for breath*…oh forget it, I already know the answer…

    Nicely asked MIchael 888. That testimonials link is just for people who've done the course and are all still fired up from the 2 day NLP assault, not got an option or made any money out of it. I want to meet and see and hear those that have got options, had Mark do a DA for them and onsell the property, and been paid out. Thats the kind of testimonials I want to see…

    Profile photo of Matt007Matt007
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    Not sure about others but i find it hard enough to get them to agree to an option (more so as many of them are in financial distress and waiting 2 years for a payout isn't on the cards for them) as it is without trying to get them to accept it for a lower price. I think in this market you need to do a few things:
    1 – know where in the cycle your sector is (comm/resi/industrial etc) and bid accordingly. You're not going to go in 20% over value at the top of the cycle as if you're lucky enough to get a 24 month option and ti takes you 18 to get a DA or buyer your figures and feaso will be out if the market drops during that time, thus making it less likely you'll sell to an end buyer as the margins will shrink.
    2 – Do your research and know what it's worth before you go in, and be honest with the vendor. They're not as dumb as some would have you believe and the mere mention of more money isn't enough to get them over the line. Most of them will do their own research before signing anything, and battering them to death with NLP or doing a 'hard' sell on them more often than not just annoys them.
    3 – Hold your own integrity: the industry isn't THAT big that if you go out and act like a cowboy and do the wrong thing people will hear about it and that will be the end of you doing business. BE honest with the vendor at all times. There's enough information out there for them to know exactly what they're sitting on and if you try and bamboozle them or give them false info you'll just shoot yourself in the foot.

    Personally I think offering 20% of a current val at time of expiry ISN'T all that bad if its properly explained to the vendor, although it's up to them if they take it but if you're honest about what you do, I figure some will, some won't. Just like the rest of the options out there.

    Just my 2 cents worth anyway. Not sure how others will think of it.

    Profile photo of Matt007Matt007
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    Good work. Often its the simplest things that make the biggest difference. I guess if you have the time, as you say the only real cost, to do these things then they pay off in spades when you're done. A diamond in the rough so to speak.
    I did something similar to an old IP I had a few years back, cleaned out the yard, lick of paint new carpet (second hand but good condition) I think the total reno came in under 20K (ok not as cheap as W4L but not bad as far as reno's go) and the reval came in nearly 60K more. Not bad for 3 weeks work.
    I always remember Peter Spanns comment: new light fittings, door and drawer handles, paint and carpet, don't go for the most expensive or the cheapest, just something that will last a few years and look good during that time.

    Profile photo of Matt007Matt007
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    Good points W4L – while some may say options work well in a falling market, (which they can of course), in a market as volatile as this one is (whether that's for the right or wrong reasons anyone can say) that danger of totally inaccurate price points is a very real danger with options..offering more money is one thing (and despite what some say its not the only thing that will tip a seller or potential seller over the edge) but that then can only impact on your ability to onsell the option to a developer/builder etc and if the margins aren't there or the risk is too high you can forget moving it…DA or not.

    Not sure what others experiences are at present but a combination of overall market fear, no funding available (at least locally) and the media beatups..fronting up with a deal at the moment invites derisive laughter and strange looks! Most of the developers up here in Qld are dropping people like crazy, such as 200+ in one go..

    Not to say one shouldn't keep trying but as always caveat emptor and be careful who you do business with…one likes to think their efforts will be rewarded, not reward someone else! :)

    Profile photo of Matt007Matt007
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    I'm still interested to see if aaronbyerlee has actualy 'received' and been paid 950K and if Massland actually did the DAs and onsold the options here.. my experiences and those of at least 20 others i've spoken with over the last few years about Massland have been very, very different. To have potentially 950K profit on an option is one thing, but unless you can actually sell it, have a list of buyers especially in this market, and have a DA on it to add value, and have the money in your bank account, the option itself means almost nothing.

    Seek Options our opinions have little to nothing to do with with a negative mindset, and everything to do with probity, due dilligence and accuracy of claims made. I think you may need to curb your enthusiasm and come back to reality and start looking for verifiable facts, proven references and so on before investing in any one's course, whether that be massland or others. Don't go throwing money at people who say they are ABC unless they can prove it because most of what they're trying to sell and upsell you on is dependent on their claims being true and accurate. Now – if they aren't true and accurate, what then for your massively profitable future? Gone in a puff of smoke while your 'mentor's massively profitable future looks rosey at your expense.
    Education is fine as is ambition. But you MUST, MUST MUST balance that with reality and personal financial safety by doing due dilligence and getting nothing short of written proof of the claims these people make so that if it turns out to be false you have legal recourse against them. Nothing less. Being a 'prophet' and so on is also fine, business doesn't expand without them, but once again, look behind the marketing hype at their reptutations, integrity, the actual facts that make them who they are, not who they say they are.
    Peace.

    Profile photo of Matt007Matt007
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    aaronbyerlee:
    I'm curious to know if you have actually been paid $950K and Massland have actually done DAs and onsold the options?

    Profile photo of Matt007Matt007
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    Thanks Michael, appreciate your kind words. I hope what I write helps others in some way. I know the feeling of helplessness you get when you first step out into the game. I still get it, but i'm less helpless than I was!
    I figure, and some may agree, its who you know, develop the relationship of trust, deliver on what you say you will, show them you're serious, and good things will come. its a cut throat business at the best of times, but if you can form what iv'e heard termed as a 'relationship client' which is one who brings you repeat business because of a formed and trusted relationship, then your business development  becomes a lot easier and more targeted, with three or four 'relationship' clients, rather than a scatter gun approach with no reliability.
    Just my opinions of course…but I've seen it work very well for larger international groups..no reason why it can't work on smaller scales too.

    Peace.
    Matt.

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    Hi Michael
    So far in Australia the forums seem limited although within all of them I find the odd developer willing to discuss their experiences. I just look at all the websites to do with development, whether they're from developers themselves or other sites that are off-shoots eg: forsite.com.au is a good one. just google it and look over each one you come to. some will provide insight and direction, others will simply be useful background. It all adds up.
    Optioning in particular there aren't any really good sites dedicated to it but then its not as simple as some spruikers would have you believe, and the legalities can be very complex, so tis probably not a wise thing to give someone a small part of the puzzle then send them out all fired up, as the potentials for cluster f**k factors is considerably high.
    I've been lucky in that i've managed to find some folks who are in the game and while I can bring one or two things to te table, they can bring 3 or 4, and so we tend to compliment each others skills and abilities. So look within your own existing networks of friends for possible connections eg: real estate agents, solicitors who may know someone in property, developers, etc etc.. friends of friends who you can be referred to or by.. see who's out there doing what and with whom. Work out in concentric circles. You may be surprised at who you already know.
    cheers
    Matt.

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    Hi roxy,
    OK, as someone who's done Mark's course, and has been out there doing it, both in a JV with Massland (thankfully one i'm now out of) and in general my advice to you should you wish to pursue this is as follows:
    1 – increase your knowledge of developing in general over and above options. Options are great and they work well as one of many possibilities you can use. If you have a library near you and want to know how flexible options are, there is a great book called: "Principles of Land Contracts and Options in Australia", Christopher Rossiter, LexisNexis Butterworths, 2003 (crap referencing I know) but its a good book to really understand options.

    2 – Find some good references to learn about development, but more importantly, increase your network of people who are already in the game, doing it, have had successes big or small, find a mentor if you can. Make your contacts in the real estate agents and developers in your home town. these are the people who can help you find and buy deals if you get them.

    3 – get some good basic knowledge about business in general. the government small business portal is a good place to start getting your head into the right space to put your plans together if you're going to pursue it. This will come in combination with expanding your knowledge of developing in general.

    4 – be patient. I dont' know of too many groups who will do a JV in the style Rolton says he will (and in my experience i haven't found anyone he's done that with but of course I could be wrong). It will take time to develop your networks and find a suitable JV partner out there, there are some, they do exist, but they take time to uncover. And remember the profit split of someone doing the DA for you may or may not be the same as Rolton's offer, although it should be more as his 15% was insulting in comparison with industry standards.

    5 – find other forums. this one is great for investment property, wrapping etc, but its not specialised in development. Try searching for other property related forums, somersoft is one..there are a few others around but there are active developers on there who often will answer some questions openly.

    Hope that helps.

    Profile photo of Matt007Matt007
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    OrderThroughChaos: very interesting post. PM me I'd be interested in talking with you further.
    given that you've now let the cat out of the bag it'll be interesting to see who runs for the hills and who doesn't..

    Profile photo of Matt007Matt007
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    Hi Attrill and thanks. I don't profess to be a multi-millionaire car-team owning guru, but i'm gaining some experience and having fun along the way, and I Do believe I'll get to where I want to go with the appropriate ethics, work and intelligence. I'm sure others may do so as well.

    You're right on with the ideas of using google earth and zoning maps etc, it's one way of finding sites for sure. And you're also right, having access to finance, and more importantly skill sets and networks of the right people to buy these things from you. Without those it'll make it all quite hard.

    Best of luck in your journey attrill, and thanks for your comments.

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