Sometimes with human nature, when you engage in a process or something in life that’s too simple, the brain will go, ‘Well, it’s too simple. It can’t be that way’.
Sydney, Australia (PRWEB) May 23, 2013
In a new Creative Real Estate iTunes podcast, property investment strategist and author of ‘How to Buy a House for a Dollar’, Rick Otton, has revealed how it’s possible for aspiring investors to ‘live the dream’ even without real estate investment experience or financial capital.
In a detailed interview with one of his students, James Campbell Bruce, Mr Otton said anyone with persistence and gritty determination could get the gist of his out-of-the-box strategies.
“Sometimes with human nature, when you engage in a process or something in life that’s too simple, the brain will go, ‘Well, it’s too simple. It can’t be that way’,” Mr Otton said.
Mr Otton is renowned in the US, UK, Australia and New Zealand for his unusual property investing methods.
For more than a decade, the property mastermind has been sharing his knowledge gained from personal experience, from transacting rent-to-buy situations and coaching people on how to invest in property with no deposit, to earning positive cash flow from day one.
A success story
Podcast caller, James Campbell Bruce, said he had managed to leave his Sydney-based full-time teaching job to run a property investment business within 13 months of committing to Mr Otton’s creative real estate investment strategies.
He said that at the time, he and his wife had hit a wall as property investors because banks would no longer provide finance to grow their portfolio.
“My goal was to try and live off passive income and I thought there had to be another way. I was lucky to see Rick at an event. As I went through the course, I learned a lot of and we were able to sell a property eight days after we finished boot camp. It was a good decision,” Mr Bruce said.
He said while his new property business typically negotiated win-win deals for a diverse range of scenarios such as negative equity and instalment contracts, it was important to be adaptable to each situation.
“It’s a case of getting in front of a buyer or seller and working out what they need, then working out which strategy is going to fit that need,” he said.
“Try and get rid of that mindset that everything has to be perfect from the start, like I did. You’ve just got to keep practising and learning.”
To hear this, and other free podcasts from Rick Otton visit CreativeRealEstate.com.au. Phone enquiries in Australia can be made on 1300 888 450.
About Rick Otton
Rick Otton has spent decades making money by snapping up inexpensive real estate and putting it to work building wealth, and teaching others to do the same.
He is the founder and CEO of We Buy Houses, which operates in the US, UK, Australia and New Zealand, and through this business he puts his strategies to work every day.
Mr Otton received his start in alternative real estate investment in 1991 in the US, and within a year acquired 76 properties. In subsequent years, he made a fortune using his low-risk, high-reward strategies to inexpensively acquire real estate. He continues to do so.
As well Mr Otton travels between his home in Australia, and the UK, sharing his wisdom and teaching others how to buy and sell real estate, free from the constraints imposed by traditional lenders.
In 2013 Rick is celebrating the 10 year anniversary of introducing his property option strategies to real estate investors in the United Kingdom – the first person to reveal these ground-breaking strategies. In 2008 he created the first of his ‘Houses for a Pound’ strategies, upon which he grows as markets and laws evolve.
Mr Otton has been featured in a variety of television programs and magazines and in 2013 he published ‘How To Buy A House For A Dollar’ for the Australian market. This book has been named in the list of the Top 10 Most Popular Finance Titles for 2013, as voted by Money Magazine and Dymocks Book stores. A UK version is on the drawing board.
Mr Otton’s series of free podcasts can be found at CreativeRealEstate.com.au. Phone enquiries in Australia can be made on 1300 888 450.