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Thanks for the update Rod. Was there any mention of Craig's Southern River Landbanking project?

Not correct.....the purchase contract that you & the developer both sign is set up where by you have mortgage over the entire parcel of land. Not just the block being purchased but also the entire development stages 1 through to 4. Think of it as if you are the bank and your purchase price is...

Yes you pay the discounted price now with no more to pay.

I set up a SMSF and rolled our existing Supers into it. We then used our SMSF's cash to pay for the block. So no interest as the block is owned outright and no council or water rates outgoings until titles are produced in 3-5 years.

Yes I did in Stage 1..

He will more than likely also promote his Southbank Estate Development in Southern River. I used my SMSF to purchase into it. Made an immediate 100% unrealised profit plus what ever it attains in CG when development occurs within 3-5 years time. No outgoings either until then as there is no...

Great take HotRod. I was there also. You must be good short hand note taker? Either that or you recorded on phone ;) I didnt bother taking notes as Craig emails the nights note/coverage. Thanks for posting. I've secured, some months back, the Southbank landbanking opportunity via my SMSF...

That was my understanding of his strategy also.

I reckon thats because your investment strategy will be different to CB's. It's one's strategy that determines where & what to purchase.

Yes he said he's been living in HK and Melbourne for the past 3 years. Stated he been working on developments in Melbourne. Has completed his developments in Success and is currently working on marketing options to a land banking development he has in Southern River.

Yeah he was nice guy...would be good to catch up with him.

I went for the info also. Just one of many resources available to us all as investors. Also good to gain knowledge of other investment options out there.

...craft... :o

Hi HotRod, Yes I went along to his first investor update last Saturday Morning at the Mantra Hotel in Perth. My understanding was Craig wanted a small more intimate group this time round compared to his bigger updates 3 years ago. As such he only sent out emails to those people who had...

Ive been reading Graigs books, subscribe to his ezines and attended a few of his seminars for the past few years now. I too arent interested in his Mentoring program but do enjoy the other knowledge he readily shares, as well as listening to his weekly 1 hour radio show. His books are very...