Real Estate Investment Innovator, Rick Otton
With flexible payment terms, you don’t need to pay a huge amount of deposit because you only need to give the seller the price he wants for the real estate.
(PRWEB) December 14, 2013
“The truth is that anytime is a good time to buy property for sale if you know how to buy into it creatively, but a lot of people are too afraid to think outside the box that’s why many Aussies keep on getting locked out of the real estate market when house prices go up,” commented Rick Otton, the author of How To Buy A House For A Dollar.
Expect the current median house price of $573,267 to increase after a strong spring season of real property sales in 2014, (The Australian reported on 6 December 2013).
A senior economist from Australian Property Monitors, Dr. Andrew Wilson, predicted that the cities of Sydney, Perth, Brisbane, and Darwin will experience 5 to 7 percent price growth, while Hobart and Melbourne should grow 3 to 5 percent.
“There is a good side and a bad side to this news. While the increase in house prices is a good indication of rising market confidence, high price tags will mean tough times ahead for first home buyers and small-scale property investors,” Mr. Otton said.
“The increase in real estate prices in Australia have been a stumbling block for buyers and investors who don’t have enough cash to buy a property for sale. And since house prices are expected to increase in 2014, this will continue to be a dilemma for many people if they don’t start using creative strategies which can help them buy property without saving up a large amount of cash or even applying for a new bank loan,” he added.
Mr. Otton shared in his interview for the Power Property Profits Pack that the secret of creative strategies is by facilitating flexible payment term s between the buyers and sellers.
“With flexible payment terms, you don’t need to pay a huge amount of deposit because you only need to give the seller the price he wants for the real estate. In exchange, you don’t have to wait for a long time to save and you can arrange until when you can pay for the whole price of the property for sale,” he explained.
You can log on http://www.creativerealestate.com.au/freepack/ now to sign up for a free copy of Rick Otton’s Power Property Profits Pack and start a career on property investment right away.
About Rick Otton
Australian property investment specialist, Rick Otton, has been developing, sharing and teaching his innovative real estate strategies for 23 years. As the founder and CEO of We Buy Houses, which operates in the US, UK, Australia and New Zealand he is known for introducing cutting-edge techniques that have enabled previously disenfranchised people to get out of the rental cycle and into their own homes.
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. His real estate book, published in 2012, ‘’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.
As well as conducting free seminars, workshops and conferences in the UK and Australia, Mr Otton releases a weekly podcast on iTunes, Creative Real Estate. In these he shares examples of real transactions, and you can listen to his students share their own experiences using his strategies.
Go to CreativeRealEstate.com.au to listen to Rick’s free podcasts.