I don't think Mark is doing Options anymore he is now doing splitter courses because Options are a sophisticated technique and I don't think one student has come forward to date – you can ring Mark direct and he should give you the names of at least 10 successful students who can prove their deals – I mean if he can't that would be saying all his courses are failures. so if he has taught at least 3000 people over the last 3 years at 5k per head that is 15million dollars you would think his success rate has to be better than 1% – or does that mean there are 99% of idiots out there and reading this forum.
I think the new course is only $6.000.00
Oh I believe that century 21 lost their financial services license you can check at asic.gov.au
http://www.propertyoptions.com.au/online_training/splitter_vid_ex5.html … link to marks new course, give him a call.Matt007Member@matt007Join Date: 2008Post Count: 259
Splitter? sounds a bit Monty Python lol… I am guessing thats a subdivision.. find a big block 12-1500, lock it up, put in your plans to sub and resell… there just saved $6Grand woo hoo!
Thanks for the reply, I tried to contact Mark but have only been able to speak to his sales team at Massland. I have already requested to speak to any of their students who are using options based in Victoria. Due to privacy reasons they could not give me any details! I have also looked into his “splitter course” which seems like a pretty straight forward concept, but he still uses an option to control the “splitter’. Matt , you have hit the nail on the head, ‘splitters’ or subdivisions are a relatively simple concept and I don’t believe that spending $6k on a course is going to increase my knowledge any more then searching the web and talking to local council. My only drama at this stage is finding a solicitor or lawyer who can prepare option contracts so I can start doing these ‘deals’ ????? Surely there is someone out there who knows something, or who could point me in the direction of a good solicitor, without having to waste 6k on a seminar just to find out where I can get one of these contracts??? If anyone has bought Marks course or has a copy of his Option contract or Zaffar Iqubal Khan’s 1 page call option deed I would love to buy a copy? Any help would be much appreciated! CheersMatt007Member@matt007Join Date: 2008Post Count: 259
Quinn. PM me or email me – I may be able to help you.
I can help you with the options contract but they are not free.
There are several types of options contracts – the names of these are irrelevant as they are derivatives of an agreement in one form or another.
Call contracts – put and call contracts – options contracts – yes the best Lawyer in my opinion is a guy on the Gold Coast at k2law called Peter Kumnick – use the code name Lemon cello and you will get a discount 07 5538 8300TCLinvestmentsParticipant@tclinvestmentsJoin Date: 2009Post Count: 84
Is there a thread/ or somewhere that we can discuss Steve Mckinghts book launch??
He said that the slides for the night would be provided for us. how can we access it??
Why don't you try a new post darling ????? ddaaaahhhhhhhTCLinvestmentsParticipant@tclinvestmentsJoin Date: 2009Post Count: 84
OOOOH , Darling, Never been called that beforejhk2770Member@jhk2770Join Date: 2008Post Count: 57Quinn Petrie wrote:Thanks for the reply, I tried to contact Mark but have only been able to speak to his sales team at Massland. I have already requested to speak to any of their students who are using options based in Victoria. Due to privacy reasons they could not give me any details! I have also looked into his “splitter course” which seems like a pretty straight forward concept, but he still uses an option to control the “splitter’. Matt , you have hit the nail on the head, ‘splitters’ or subdivisions are a relatively simple concept and I don’t believe that spending $6k on a course is going to increase my knowledge any more then searching the web and talking to local council. My only drama at this stage is finding a solicitor or lawyer who can prepare option contracts so I can start doing these ‘deals’ ????? Surely there is someone out there who knows something, or who could point me in the direction of a good solicitor, without having to waste 6k on a seminar just to find out where I can get one of these contracts??? If anyone has bought Marks course or has a copy of his Option contract or Zaffar Iqubal Khan’s 1 page call option deed I would love to buy a copy? Any help would be much appreciated! Cheers
Just find yourself a Property Saavy Solicitor and they can draw up the Options Contracts for you. You would usually have a Heads of Agreement (or the like) signed before the actual Contract during negotiations. Put up new post on forum asking if anyone can recommend a Property Development Saavy Solicitor around your area. Otherwise, I can refer you onto mine who is based in Gold Coast. Get yourself an accountant who is Property Saavy as well. Your legal and financial advisors are important when doing any sort of business. All the best!jhk2770Member@jhk2770Join Date: 2008Post Count: 57TCLinvestments wrote:
OOOOH , Darling, Never been called that before
And the reason for that is you have no brain …
Quinn I gave you the name of a good contracts solicitor did you call him … ???
I rang peter and he was not to sure about the VIC laws, he was going to chase it up for me.
It appears that using an option in VIC, you are sill liable for stamp duty!
could you please explain a Heads of Agreement ?
Oh dear you need me again,
Firstly I suggest you get a good lawyer to talk to as part of your wealth team … what about trying a simultaneous settlement.
Or you can do Mark Roltons course and he will tell you how to do it all round Australia … probably get the agreements thrown in for doing the course.
If I could find a lawyer who knew anything about options in VIC I think my problems would be solved. This is proving quite a task.
1 … Pick up the phone and ring every single lawyer in Victoria, this is what an entrepreneur would do.
2 … Do Mark Roltons Options course and find out the $6,000.00 course charge is a cheap price to pay for experience and knowledge not to mention the time you are wasting currently.
3 … You must be willing to pay to learn.
4 … You could also ring Mark Rolton direct on his mobile, I have it but you will have to pay me to get it because I did his course and I learnt one thing from it that has earnt me over $40,000.00 and it wasn't doing property options, but the course sent me in a new direction so I am grateful for spending over $xxxx (got it for half price)
5 … try http://www.realestateedu.com.au they have some options stuff there as well.
6 … Have you rung Steve McKnight he must have access to good Vic lawyers to help you.
7 … It is not a task it is part of becoming educated, pick up the phone or try google there is nothing secret aboput options they have been around since the Roman days – an option gives you time – the options contract is an agreement in writing "at law" between two parties … it is just that simple.
Remember real estate is only made up of two parts "the land" and "what's on it"Cosmic TonicParticipant@cosmic-tonicJoin Date: 2009Post Count: 3
Im in Melb and looking to chat with people like yourself. Hit me up at [email protected]. I tried messaging you but no success as you have your email funtion turned off.
CTQuinn Petrie wrote:Hi everyone thanks for all you posts, they have revealed a wealth of knowledge. I have been looking into Mark Rolton’s course and Rick Ottons stuff but have not made the final leap and actually committed to these seminars. I would love to actually sit down / meet with anyone in Melbourne who have used options or are currently using options. If anyone can give me contact details it would be greatly appreciated. Also if anyone knows of a good lawyer or solicitor who specialises with options and could supply me with their details it would be greatly appreciated. Cheers QuinnForeverStudentMember@foreverstudentJoin Date: 2009Post Count: 41
Sorry to be late for the party guys. I did the course around Nov last year and I have mixed results and reactions.
First, I'm glad I did the course not because of the content but because I need to 'take action' to move myself forward. I did experience the lack of support from the group not because they didn't want to but how do you cater for 100s of graduates with a handful of support people. I used to work in IT support and it just wouldn't work out. So much time wasted answering silly questions on the coaching sessions, then you they ran out of time before you can ask something meaningful. Knowing what I now know, I probably would have done it differently but would still do something that could have cost me less or more. I don't really know and wouldn't waste my time thinking about it.
But, some good things did come up and it's going to be a very busy 2010 for me. I am going to give it credit to 'taking action' and having the attitude of doing and learning whatever I can to increase the chances of success. Nobody can predict the future, you can only position yourself to take advantage of opportunities when it presents itself, only my opinion of course.
It took me a while to find a lawyer that can help me and it cost me a few dollars but it's worth it. Be aware that some lawyers charge you straight away, talks a lot and gives advise without you asking for it, then charge you hundreds or dollars for it. Makes you feel like there's a 'sucker' written on your forehead. I think this information alone would have saved most of you hundreds of dollars that I had to pay for. What did I get from it? I got my agent's rep, familiarising myself with legislation and contracts law, amongst other things and reading every single thing on a contract before I consider signing something.
In a perfect world the concept of property options is easy. In the real world when you include 'people' in the mix, that's when it becomes complicated. Cheers.Cosmic TonicParticipant@cosmic-tonicJoin Date: 2009Post Count: 3
I live in Melb and have just come back from a 4 day seminar with 21st Century up on the Gold Coast. Money well spent given I'm interested in learning high end wealth creation strategies. Trading, property and psychology / mindset were covered. Depends on where your at or what your after, but I found that it was well worth my money spent.
Rick Otton, Mark Otton and a Philipino lady representing C Corp / Carly Crutchfield were there spruiking their education products.
Coming to understand the strategy was fantastic knowledge to leverage from. Shortly after their presentations I came to realise that I have access to a site that has great potential to develop. Ive just begun discussions with council and trying to skill up on the pro's and con's so as to make it a good first venture.
I decided to roll with C Corp / Carly Crutchfield's homestudy in the end. Doing the course and exploring my first prop option / dev is a great start and should accelerate the learning.
This and a couple of other threads on pi.com have been a fantastic way to skill up on knowledge quickly, both sides of the coin to. $5k can be a lot for some, although I see the this amount being minimal compared to the upside that you could create with the knowledge should you take action.
Big thanks to Matt007. Your continued info over the past couple of years has been invaluable insight and much appreciated.
I've PM'd a few people from Melbourne re: options and developments. If Ive missed you and you want to get in contact, catch me on [email protected]
CTTKQldParticipant@tkqldJoin Date: 2009Post Count: 1
A new member, and my first post. Great to be among the like-minded.
I attended Mark Bolton's free seminar recently in Brisbane. He is a very good salesman, and his strategy and model seem sound when at the seminar itself. I nearly bought in.
Though, before doing so, I had pre-ordered Steve's new book (0-130 Revised edition), and was waiting for that. I received it a week ago, and have been priveleged to glean its pages this week. I have read it once, and will read it again immediately; this time to study it more formally.
One poignant note that Steve mentions is that the strategy must match the deal (ie profit outcome). He outlines 7 strategies in the book (ie an outline, not a complete guide), so that the prepared investor can recognise best opportunity, with the best timing. The choice of strategy to implement depends on 2 factors, and – well, to be fair to Steve, you had better buy the book, and read it ! The answer on p 210 !
I guess I am trying to say, that Mark Rolton's Option Purchase/Add Value by Best Use/Sell and keep/Sell and Realise Profit model is enticing, to say the least. And a strategy for experienced investors most certainly. However, it is only one strategy, though one that can be tweaked for more sophisticated and profitable investment, for both capital appreciation, and positive cashflow. Interestingly, there are other's who teach this strategy also, and market their knowledge differently to Mark Rolton.
Steve's point is that the professional investor will have a number of strategies in their armoury to exploit at his/her disposal. And with experience, Steve's model maintains a more creative control.
Though, this is all just One Man's View !
Thankyou Steve for your book, and a heart to share your knowledge and experience so freely. I am, my family is, and will be ever grateful. I hope to shake your hand one day !
TKTerrywParticipant@terrywJoin Date: 2001Post Count: 16,190