Seminar – Mark Rolton

InTheGame is ABSOLUTELY correct on EVERY comment. I was a former student and JV of Massland and can CONFIRM the exact suspicions mentioned by him/her. In the 3 years I have been a JV with Massland No1 Pty Ltd… (NOTE: clever little legal trick by Mark) NEVER has his website CURRENT PROJECT details changed in 3 years. He will conveniently tell you at the seminar that they only disclose the projects they want you to know about. The funny thing is when I went to a couple of his project sites listed on his website, they didn't actually exist. He should be JAILED for fraud and misleading the general public for profit.

I would also like to point out that Mark Rolton is a wealth creation spruiker endorsed and networked by many other spruikers in the industry  including the infamous Mr Jamie Neville McIntyre of the 21st Century Academy Pty Ltd and & 21st Century Academy Education Pty Ltd companies.

Basically my point is that he does not keep good company. I can confirm that there is a privately corporate funded investigation which has been going on for about 3 years into such spruikers which wil be presented to the mass media in the fullness of time. This is being done to embarass our government regulators into acting to regulate the wealth creation industry as well as protect consumers as they have failed dismally to do so to date. Additionally I can confirm that ALL information collated will be going to the Australian Federal Police for investigation into alligations of fraud.

Please search names using the last word (SCAM) on the ASIC website, GOOGLE search engine and Neil Jenmans website http://www.jenman.com.au for all of the following names as well as check the links below to read articles about the named people and entities listed below. All of the people mentioned are linked to each other within the wealth creation industry and endorse each others products.

Rick Otton scam – found on Google and Jenman searches
Jamie McIntyre scam – found on ASIC website
Inner Circle product provided by Playground Constructions Pty Ltd and Empowernet Pty Ltd – found on this site.
Aussie Rob aka Aussie Robber scam found at – http://flyingpig.blog.com/Aussie%20Rob/

Jamie McIntyre also found at – http://agencysearch.australia.gov.au/search/search.cgi?collection=agencies&profile=asic&scope_disable=off&num_ranks=20&stem=2&query=jamie+neville+mcintyre&x=0&y=0

Other SPRUIKERS to watch out for that are affiliated with the above: –

Universal Wealth Creations Pty Ltd www.universalwealthcreation.com

Jenny Armato – I was also a victim of her security flawed products and only got a refund because of an Australian Tax Office security IT industry experts skill in being able to uncover the product defects. He was a close personal friend of mine and what prompted him to investigate Jenny Armatos product was when I had IT glitches with her product and they refused to assist me.

 I had to present  a case study to get my money back. Most consumers do not have access to such resources. Additionally the after sales service was disgusting. http://www.jenniearmato.com/

http://www.marketmum.com/ Also affiliated to Unviersal Wealth Creations and the McIntyre group.

Planet Wealth affiliated to the McIntyre group.

These guys are making money selling the likes of rpdata service to the users, as like what  Crutchfield does, they pay in the region of  $9 per extra  user and then on sell this access for $150 per month. also this os a possible breach in supplying this data in Victoria as you have to have a real estate licence or finance licence.

I heard from a source that works there  that they can have at any one time upto 1000 active clients, 1000 x $179 per month = $179,000 per month access fees, They are selling data services, and with this data, providing details of every home owner, the price they paid and their contact details to whoever will take it / pay for it.

Hi
I have done Marks course and found it extremly interesting!
does anyone know of any other business/companies  that do jv's similar to masslands??
the system obviously works for some, but surely there are other options (ignore the pun!) for
those of us who are new at the game, to learn from people other than massland?

Hi roxy,
OK, as someone who's done Mark's course, and has been out there doing it, both in a JV with Massland (thankfully one i'm now out of) and in general my advice to you should you wish to pursue this is as follows:
1 – increase your knowledge of developing in general over and above options. Options are great and they work well as one of many possibilities you can use. If you have a library near you and want to know how flexible options are, there is a great book called: "Principles of Land Contracts and Options in Australia", Christopher Rossiter, LexisNexis Butterworths, 2003 (crap referencing I know) but its a good book to really understand options.

2 – Find some good references to learn about development, but more importantly, increase your network of people who are already in the game, doing it, have had successes big or small, find a mentor if you can. Make your contacts in the real estate agents and developers in your home town. these are the people who can help you find and buy deals if you get them.

3 – get some good basic knowledge about business in general. the government small business portal is a good place to start getting your head into the right space to put your plans together if you're going to pursue it. This will come in combination with expanding your knowledge of developing in general.

4 – be patient. I dont' know of too many groups who will do a JV in the style Rolton says he will (and in my experience i haven't found anyone he's done that with but of course I could be wrong). It will take time to develop your networks and find a suitable JV partner out there, there are some, they do exist, but they take time to uncover. And remember the profit split of someone doing the DA for you may or may not be the same as Rolton's offer, although it should be more as his 15% was insulting in comparison with industry standards.

5 – find other forums. this one is great for investment property, wrapping etc, but its not specialised in development. Try searching for other property related forums, somersoft is one..there are a few others around but there are active developers on there who often will answer some questions openly.

Hope that helps.

Hi Michael
So far in Australia the forums seem limited although within all of them I find the odd developer willing to discuss their experiences. I just look at all the websites to do with development, whether they're from developers themselves or other sites that are off-shoots eg: forsite.com.au is a good one. just google it and look over each one you come to. some will provide insight and direction, others will simply be useful background. It all adds up.
Optioning in particular there aren't any really good sites dedicated to it but then its not as simple as some spruikers would have you believe, and the legalities can be very complex, so tis probably not a wise thing to give someone a small part of the puzzle then send them out all fired up, as the potentials for cluster f**k factors is considerably high.
I've been lucky in that i've managed to find some folks who are in the game and while I can bring one or two things to te table, they can bring 3 or 4, and so we tend to compliment each others skills and abilities. So look within your own existing networks of friends for possible connections eg: real estate agents, solicitors who may know someone in property, developers, etc etc.. friends of friends who you can be referred to or by.. see who's out there doing what and with whom. Work out in concentric circles. You may be surprised at who you already know.
cheers
Matt.

Thanks Michael, appreciate your kind words. I hope what I write helps others in some way. I know the feeling of helplessness you get when you first step out into the game. I still get it, but i'm less helpless than I was!
I figure, and some may agree, its who you know, develop the relationship of trust, deliver on what you say you will, show them you're serious, and good things will come. its a cut throat business at the best of times, but if you can form what iv'e heard termed as a 'relationship client' which is one who brings you repeat business because of a formed and trusted relationship, then your business development  becomes a lot easier and more targeted, with three or four 'relationship' clients, rather than a scatter gun approach with no reliability.
Just my opinions of course…but I've seen it work very well for larger international groups..no reason why it can't work on smaller scales too.

Peace.
Matt.

Hi Matt007,

Appreciate you posts regrding your experiences in dealing with Mr Rolton and his Massland group.
I sadly have been exposed to Mr Rolton's silvery togue and taken for some serious cash which I really
can't afford to loose.  I would appreciate it if could assist me by affording me the time to chat with you
privately.  Thanks Bill

Why don't you start a new thread inviting students of Marks and others to share their success stories with real life examples …

The current danger with property options is what is the true value today and if the recession hits hard how to determine the "true value option price"

An option strike price today at 2 million could drop in value by 100% negative or a 50% drop in real value … eg; the opposite of doubling your money.

D

***  I also recently went to the above seminar and would appreciate feedback or can someone please tell me how do I retrieve or view the 19 posts Damo received in regards to the same question as I am new at this site.  Reply in the matter would be greatly appreciated as we are close to signing documents associated with Barry Pickering.

Thanks.

Not sure about others but i find it hard enough to get them to agree to an option (more so as many of them are in financial distress and waiting 2 years for a payout isn't on the cards for them) as it is without trying to get them to accept it for a lower price. I think in this market you need to do a few things:
1 – know where in the cycle your sector is (comm/resi/industrial etc) and bid accordingly. You're not going to go in 20% over value at the top of the cycle as if you're lucky enough to get a 24 month option and ti takes you 18 to get a DA or buyer your figures and feaso will be out if the market drops during that time, thus making it less likely you'll sell to an end buyer as the margins will shrink.
2 – Do your research and know what it's worth before you go in, and be honest with the vendor. They're not as dumb as some would have you believe and the mere mention of more money isn't enough to get them over the line. Most of them will do their own research before signing anything, and battering them to death with NLP or doing a 'hard' sell on them more often than not just annoys them.
3 – Hold your own integrity: the industry isn't THAT big that if you go out and act like a cowboy and do the wrong thing people will hear about it and that will be the end of you doing business. BE honest with the vendor at all times. There's enough information out there for them to know exactly what they're sitting on and if you try and bamboozle them or give them false info you'll just shoot yourself in the foot.

Personally I think offering 20% of a current val at time of expiry ISN'T all that bad if its properly explained to the vendor, although it's up to them if they take it but if you're honest about what you do, I figure some will, some won't. Just like the rest of the options out there.

Just my 2 cents worth anyway. Not sure how others will think of it.