borrowing at low interest and re-investing at high interest is known as a 'carry trade' (see the following for an explanation: http://www.economonkey.com/2007/09/01/an-explanation-of-the-carry-trade/) large financial institutions and banks have been doing it for decades with trillions of dollars. There is substantial currency risk involved. You…[Read more]

Sorry if this has been asked before: but what do those with local knowledge see as the drivers in Bowen itself re demand for product etc? Is it resi, commercial, industrial? Reason I ask is I note a lot of spruiking and articles on Bowen detailing all the 'potential' etc but I'm curious as to the reality of it from those on the ground. I'm in…[Read more]

Interesting thread. People make some interesting points all round. Jon  yes people have a negative attitude towards seminar spruikers and the like because there seem to be (more often than not) good reasons to have that attitude towards them, for example false or grossly inflated claims of potential income/wealth, grossly inflated claims or p…[Read more]

Good advice Amber and Adrian.. only my personal opinion but I think a basic foundation knowledge of developing is also a very good place to start from. My experience with options is lol well documented but that said I'm now in partnership with some knowledgeable people for my main project and it's showing me so very much more than what I…[Read more]

Hmm … 'land banking entrepeneur' sounds like spruiker-speak for someone who uses property options!  I wonder if a certain well known property options spruiker is this one and same 'entrepeneur'…..Good luck with your advertising campaign Kevin.

Firestorm_st44 wrote:
I agree with APerry, a good solicitor is what you need.But I am trying to get my head around how you go about selling that property once you have gotten the approval to change what the use is.  Whether it be sub-division etc.  I am one that would prefer to be able to cut out those that make the promise and haven't a…[Read more]

Dr Robert and others I'd suggest you go back to the first page of this thread and read carefully the experiences of people who have already been through all the JV experience with mark and in one case (in the game's post) actually worked FOR Mark and his company for nearly 2 years. if you still want to get involved in any way shape or form with…[Read more]

I'm the last one who'll do his seminar, but I'm curious as to whether anyone did any due dilligence on the following:a) Ed before attending the seminarsb) the overseas investment funds he promotes and their apparent returns etc.Only reason I ask is because I do recall hearing a comment Ed apparently made that did in fact ring true, which was along…[Read more]

Have a look at where the state government is spending a large proportion of their infrastructure budget, and you'll find a lot of it is focussed on that Bowen Basin/Ayr/Central Qld region near the Abbott Point Coal Terminal, and the (what appears to be) new Mt Morgan Gold Mine. I know that Ayr has just had a major residential development approved…[Read more]

Hi,just wanted to respond to some of the responses here – for better or worse, my first property option/development is a 20Ha industrial site in north qld, in amongst all the mining activity and the Abbot Point Coal Terminal. Given the current industrial prices in Townsville( this is just south of there), the availability of industrial land…[Read more]

Corporate Monkey: sounds like the Massland model, which i have some experience in, and I can tell you first hand what they tout and what Rolton speaks of is NOT how it really is. You realistically need a 24 month option, especialy in this current market, you need a list of buyers who want the product, you need some good consultants on board who…[Read more]

Dear All, thankyou all for your time and the generous responses you have posted thus far. As someone pointed out i've given little to no detail other than venting frustration and disappointment. In that regard I guess misery loves company and I should have provided more info.the purpose of my post was I guess as much to see if i could find some…[Read more]

Is that a question or a statement?

whats the blueprint all about? Can anyone give me an overview ? i've not heard of it before..

Ok I think I should clarify something for anyone reading my post. I'm not trying 'pick anyone's brains' or get something for nothing, thus my offer to JV projects in return for knowledge. These are details i would discuss with an interested party in private only. I'm not out here for a free ride or otherwise, just trying to find someone real,…[Read more]

Hi Frosty. done a few share trading and property investment/options courses. some of the info is quite valid, but nowhere near as being as easy, profitable or risk free as the spruikers say. lost a lot of money believing the hype, and worse, lost a lot of time. In fairness I did learn a lot but mostly through going out there and doing it rather…[Read more]

Hi folks, I can't speak to Carly Crutchfields course as i've never done it, seen it or met her so have no idea, although I do see more positive feedback on her than I do anyone else these days.Let me be clear, i'm not formally accusing Massland of fraud or anything, I'm simply saying if someone is making extraordinary claims, make sure those…[Read more]

Pretty sure you can send PM's here..

Depends on who you did the 'seminar' with and what promises/claims of results they made. I've been doing options for about 18 months, did the Massland course, and thankfully now have nothing to do with them. Options are NOT easy, they take a long time to learn, longer to do, and require a lot of consistent work. My advice to you based on my…[Read more]

edited own post because i really couldn't be bothered dealing with the tanty's and explaining how to read what was actually said rather than what people want to see…