Rick Otton Announces Real Estate Investing Solutions Amid Predictions Of 'Generation Rent'

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Real estate authority, Rick Otton, has challenged claims that permanent renting needs to become a way of life for Australians of all ages. Mr Otton says the so-called ‘Generation Rent’ phenomenon can easily be resolved with many of the alternative property investing strategies that he will be sharing at a Melbourne real estate event this month.

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Australian Property Investor Rick Otton

The Australian Dream is well and truly alive for all property investors who are open to out-of-the-box strategies and who are willing to make that mental leap to realise that you don’t need money to make money in property.

Real estate authority, Rick Otton, has assured Australians that permanent renting does not need to be the way of the future, countering claims the so-called ‘Generation Rent’ phenomenon has arrived on the nation’s shores. Mr Otton will share his unique and innovative property investing strategies at a Melbourne real estate seminar on 26 October.

Research released by the AHURI Swinburne Research Centre has found that ‘Generation Rent’, a worldwide trend describing people who are permanently locked out of home ownership, is starting to occur in Australia.

About 4.5 million Australians rent, about twice as many as in 1981 – and many are renting for longer. Of the 1.8 million households in private rental accommodation, a third have done so for more than 10 years.

The Centre’s director, Dr Wendy Stone, said the Australian Dream was diminishing.

"Lockout and blocked aspirations are happening at all ages, although it can be seen most significantly among the young," she said.

But Mr Otton – who is renowned for his low-risk, high reward policies that allow people to invest in property with little or no deposit, no stamp duty or financing from banking lenders – assured Australians there is a light at the end of the tunnel.

"The Australian Dream is well and truly alive for all property investors who are open to out-of-the-box strategies and who are willing to make that mental leap to realise that you don’t need money to make money in property," he said.

Melbourne property event

During his intensive training sessions, the real estate educator takes students on a step-by-step journey on how to buy a house without a new bank loan, how to find discount bargain properties, and how to turn negative geared properties into those with a positive cash flow.

"My experience has taught me there is more than enough opportunity for everybody, so I started showing people exactly how they can do it too. Over the years I’ve trained people in the US, Australia, New Zealand and the United Kingdom," Mr Otton said.

"During the Melbourne real estate event on 26 October, I’ll help students see things differently and create their own financial freedom."

Places are limited for these open-to-the-public training sessions, and seating is often filled weeks ahead. The sessions are engaging, easy to understand and use real case studies to illustrate Mr Otton’s techniques.

To register or to find the dates for Mr Otton’s other Australian one day seminars visit HowToBuyAHouseForADollar.com.au or phone, in Australia, 1300 888 450.

About Rick Otton

For over 23 years property millionaire Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed - strategies in which transactions are made without the need for traditional bank-type loans. He constantly refines his techniques as he buys and sells properties through his We Buy Houses business which operates in Australia, New Zealand and the UK.

A gifted speaker and educator, Mr Otton conducts regular one-day free seminars across Australia, which build on the the concepts he shares in his 2012 book 'How To Buy A House For A Dollar', voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.

He regularly records and publishes iTunes podcasts via his channel Creative Real Estate.

His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor.

To register for one of Mr Otton’s free Australian one day seminars visit HowToBuyAHouseForADollar.com.au or phone, in Australia, 1300 888 450.

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