Yep, the property was in hunter valley. They have a lot of stats to support that there are some go-ahead towns in the region.

I thought the program might have been a bit like what was tried a while ago, by Steve McKnight I beiieve? I assume the basic idea would have been to take a group of people with potential and move them forward quickly and make a big impact. The stories would then be publicised and used as marketing for the company to attract a wider client base. The promoter would do well in the long term, supposedly with a proven track record and good will to leverage.
 
The problem tends to be that it's hard to find the people and hard to deliver on whatever is promoted. It can also get messy, example, could market that going to make people a "millionaire" in X years/months etc. The definition of a millionaire is important – accumulating $million of property as opposed to being a net $millionaire are vastly different.

Thanks for that. When did you discontinue, last year or just recently?

I understand your point of view, I had the same reservations and was wary, but, prepared to give benefit of doubt and see how it went. A process of earning trust.

There were plans of revamping finances, setting a clear investment plan, books/stories to be produced, an investment process/system to be developed etc. All sounded promising.

However, very little communication and haven't heard any more of those things. Not sure if just me.

Thanks for your comments Fiona H,

What sort of things were you asked to sign?

What sort of things didn't sound right?

Did the interview cover an investment strategy and overall agenda? If so, did it sound practical and do-able?

Regards,
Ilori

Thanks jamesw82,

Would appreciate your feedback after you've had the face to face.

My impression of talking to him was that he wanted people with a passion and drive that he could work with. He wouldn't do the work for you but would guide someone who was driven. He was also conscious of the husband & wife being like-minded as one would struggle to make it work without support of partner.

I've been short listed and selected for "exclusive" things before, and found them to be not what they seemed, so there is a element of caution in all of this. Things I'd like to clarify would include:

* how many people are selected for the program? A video I saw said 8, I assume that's 8 in Australia (very exclusive). No offence meant, but if you and your mate are accepted and someone else I know is accepted, that makes 3 out of 8 from a small sample. If the acceptance criteria is pretty loose then it puts a different slant on things. Selecting large numbers of people with loose criteria starts to feel like an exercise in building a client list

* would need to ensure the properties are from open market, not from an associated company or person. Would be easy to see the selected candidates of the program as a list of clients willing to buy properties… that feeds into an an associated developer needing to sell properties.

* similar with finance, need to ensure any money related issues are open and not obliged to go to an associated broker, solicitor etc.

* what is in it for Stephen? If he sells no properties, has not financial incentives, then is his only benefit to prove a point? Maybe he can then leverage off this to promote his business. That's fine if that is the case. I imagine it's a big effort for him to do all of this so he must have a worthwhile benefit. Need to be clear what that is. Essentially need to understand the money trail.

If anyone else has first hand knowledge of the program would love to hear it.

Regards,
Ilori