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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 !
TK