Seminar – Mark Rolton

The main thing to look into before you do any course is why are you doing it?
What time do you really have per week to dedicate to the strategy?
Will you really put in the work or are you expecting to becoem a property millionair overnight and then give up?
Property is a long termprofession, to succeed you must put in effort, time, dedication, and continual commitment to look for deals, learn, read, question, listen to others that know more than yourself.
Start with the Property Investor Magazine, team up and do voluntary work for millionaires/ property gurus that can buddy you so you can listen, learn and be a sponge and soak it all up,
Find the best agents in the area and learn from them, as they know what is going on, where, with whom and where the good deals are
When I started out at 20 I Volunteered every Saturday to help out some great agents, help them put up signs, clean offices, get info packs ready, update their diaries, database and the deal was they had to let me go around with them and look at homes, help out with opens, inspections, auctions and tell me everything they knew and if any good little deals come up I could afford to tell me. Properties I bought between 20- 25 has now doubled and probably made 500- 800k in growth, so I think my tag along helper strategy worked.
Probably buy some cds, books on options and read Rick Otto info and really look at how much time you have to do this weekly
and do you really have the commitment to go thsi strategy or is there another strategy better for you???

The buyers agent would no doubt charge a fee on the securing of the option. In General the Buyers agents charge for finding the property for the buyer and are not paid a commission by the seller.

Correct Matt007. Engaging me as your Buyers Agent would involve a JV or 50/50 profit share agreement on successful 'acquisition' or signing of an option or on settlement/onsale of the option.
I worked exclusively for vendors for over 10 years, now working for buyers most of my time and creating WIN/WIN/WIN scenarios is very satisfying. Many traditional agents are resentful or at least suspicious, but understanding financing options is key.

how can you ask for a JV or 50/50 split when all you've done is acquired the property??….do you contribute any hurt money in the deal??

I beg to differ…however, even if it is the hardest part of the development process…its not deserving of a jv or 50/50 split especially when there is no equal share in option fee and ongoing costs in the deal!!

yeah I don't know that I'd be giving away considerable splits of the profits if I'm taking on all the risk of the DA/legals/marketing etc. I'd pay the finders fee and a success fee if the option was negotiated for the terms I set out, on settlement or onsale of the option, but I don't know if I or anyone I deal with would enter into much more than that.

Hi all,

Interesting thread, and great site.

I've listened to all the positives and negatives on this thread and not discounting any of them. I'm interested in talking to to people via PM or phone who have had successes and banked money with Massland.

Me – I've done massland's Real estate university 3 day course several months ago. I found the course awesome! I learnt soo much in so many area's and since then I've had a fantastic journey doing all the leg work… No doubt there has plenty alright, but I am loving every minite of it. I've not yet secured a deal under option, however I've feel so much more confident with my numbers and general development knowledge now and am punching out loads of feasobilities, talking to loads of people, and this has lead me to meet people and go places that I would have never imagined. I know none of this means anything to others untill I've made money with it, but it means a lot to me.

 I've also used some of the negotiation techniques Mark taught to sell some land I was holding via privite sale and it's currently under contract for a significant amount over their offer price.

I'm also interested in speaking with other like minded people in the north qld region, especially those with experience to share.

Save your money for deals. Read…. and network here, guys. PM me for opps and contacts. eg. I support Phillip's recommendation of Mel Ciampa from homeandhoused in Sydney,  Mention my name. Graeme Freer. Let's network. Any for a small development in Atherton in North Qld ? Or Yamba for NSW?

WOW What a read….

Firstly i like to take my hat off to all those who posted on this topic, your information, opinions and experience have been of great value to me.

I attended a property investing seminar in 2006 which included a presentation by Mark Rolton and i have to agree that he is a great sales man. I pride myself on being a person who is very skeptical and not easily sold, but after his presentation i was tempted to sign up for his 3 day course.

One thing that stopped me in signing up was how easy he made it look to make huge amounts of money. I am a firm believer in  in the saying "if it looks too good to be true it usually is". I was still interested but at the time i was building my first house and didn't have much time or money to look any further.

A few months ago a friend approached me and asked if I'd like to start a business with him doing property options on residential properties. We both have a good amount of experience when it come to developing a property but neither of us know too much about property options.

So i ordered "Options Made Simple" By Rob Balanda. After listening to it i found that it was good for a beginner but it didn't go into specifics. I'm thinking of ordering "Principles of Land Contracts and Options in Australia" by  C Rossiter. Has anyone had a chance to read this book? if so was it useful?

i am also looking for a good property options solicitor and accountant in Sydney. Anyone have any suggestions? I do recall someone mentioning Mel Ciampa from home and housed in Sydney. Could i please get the contact details?

I'd also like to talk to anyone who has had some success in Sydney executing a property options deal. Any information would be greatly appreciated.

Kind Regards
Sam

Hi Sam
I have experience with options for property in Sydney –  Mel Ciampa 's contact details: 02 98177727. [email protected] .