Rick Otton Warns Australian Property Investors To Get Savvy as Data Shows Nation's Real Estate Wealth Now Outranks Shares and Super

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Real estate millionaire, Rick Otton, has revealed that it’s more critical now than ever for Australian property investors to get savvy with creative strategies to build long term wealth. Mr Otton was responding to new data which shows that the nation’s real estate wealth now outstrips shares and superannuation, and that investors make up more than one-third of Australia’s home buyers.

Rick Otton explaining his real estate investment strategies

All I ask is from people interested in my approach is that they be willing to think ‘outside the box’ while I share with them the same strategies I’ve used to buy properties for a dollar and create cash flow income.

Real estate strategist, Rick Otton, has urged Australian property investors to open their minds to non-traditional strategies to help them to become active property investors. His comments come in the wake of a Daily Telegraph report on new research that shows that the country’s real estate wealth now outstrips that held in shares and superannuation.

“The data released by the Commonwealth Bank shows that Australians hold more than $4.4 trillion of property, making the nation’s real estate wealth three times larger than shares and super,” Mr Otton said.

“The data also paints a fascinating profile of Australian property investors, with investors making up one-third of Australia’s home buyers. Many younger Australians make an investment their first property purchase, with 40 per cent of investment loans taken out by first-home buyers.

“What all this points to is that we are continuing to pursue the Australian dream, despite erratic fluctuations in the economic market and tough property conditions. It’s absolutely essential that the thousands of aspiring property investors out there are equipped with strategies that will lead to long term success despite the whims of external conditions.”

How to Buy a House for a Dollar

Mr Otton is the author of real estate book ‘How to Buy a House for a Dollar’ and a property mastermind in Australia and overseas, particularly in the UK.

For the past decade plus, he has been holding ultimate wealth summits, conferences, workshops and seminars where he has successfully coached tens of thousands of people interested in real estate investing in Australia and learning his property millionaire secrets.

Mr Otton’s cutting edge ‘no-money-down’ proven strategies allow people to buy property without a bank, a loan, deposit, stamp duty or any previous investing experience.

Students are taught to generate positive cash flow from day one and take charge of their financial future through speedily growing a property portfolio.

“All I ask is from people interested in my approach is that they be willing to think ‘outside the box’ while I share with them the same strategies I’ve used to buy properties for a dollar and create cash flow income – without ever stepping inside a bank or saving thousands for a deposit,” Mr Otton said.

“In the last 22 years, I’ve purchased over 300 properties in Australia and the USA using little or none of my own money.”

For full details of Mr Otton’s upcoming ‘How to Buy a House for a Dollar’ seminars in major cities across the nation, visit HowToBuyAHouseForADollar.com or phone, in Australia 1300 888 450.

For general information about Mr Otton, visit http://www.RickOtton.com

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.

For full details of Mr Otton’s upcoming ‘How to Buy a House for a Dollar’ seminars in major cities across the nation, visit HowToBuyAHouseForADollar.com.au or phone, in Australia 1300 888 450.

For general information about Mr Otton, visit http://www.RickOtton.com

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