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Welcome to tonight’s “real deal” Cam Krook. Golden opportunity through the awesome power of networking. Objectives. To inspire you to take action by sharing ideas about the use of call options thoughts on the value of networking my favourite networking techniques. About me. Cam Krook
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Welcome to tonight’s “real deal” Cam Krook
Objectives To inspire you to take action by sharing • ideas about the use of call options • thoughts on the value of networking • my favourite networking techniques
About me • Cam Krook • Work full-time in Brisbane as a freelance IT consultant, specialising in business systems analysis • Part-time property developer • Property experience
The development 4 call options 4 properties
Background Contract to settle mid-2011
Background First property: January 2011 Brisbane Flood
Background Second property: sale price fell short
Background Couldn’t settle
Background • Part DA • Not approved by Council • Technical issues • Outstanding bills
Process • Networking • Market assessment • Rough feasibility • Met sellers • Heard collective needs • Presented MOU • Discussed private needs • Negotiated
Process • Added value • Call options • Engaged professional property project manager • Solved problems through power of the “master mind” (Napoleon Hill) • (next steps)
Lessons What went well
Lessons What didn’t go so well
Favourite networking tips • ‘puppy with a happy tail’ • Come prepared with three to five questions • Know how to close an interaction • Work the room • Establish one new relationship
Next steps • Land Sales Act Form 2 Application for Exemption • Assembly of investor syndicate • Multiple exit strategies
Summary • ideas about the use of call options • thoughts on the value of networking • my favourite networking techniques • When the inner voice says, "I can't” (because I don't know how or I'm too fearful), answer with "How can I?", then network with like-minded people for suggestions and seek professional help
Call to action • Fill in a feedback form • Practise your networking skills • Listen for opportunities
Thank you! Cameron Krook property@cameronkrook.com 0432 896 897 www.linkedin.com/in/cameronkrook