Rick Otton Issues Advice To Britons To Get Into Property Market Before Opportunities Slip Away
(PRWEB) July 10, 2013 -- Real estate strategist, Rick Otton, is continuing to rally aspiring UK investors to adopt non-traditional but proven property investing strategies to break into the housing market. Mr Otton is concerned that a continuing escalation in house prices across the country will soon price many Britons out of the market.
According to recent data released by Nationwide, the cost of the average home in the UK is up by four per cent so far this year, the fastest growth in three years.
The month-on-month rise was 0.3 per cent, lifting the price of the average home to £168,941. At the start of the year that figure was £162,262. The Nationwide figures are only one in a series of recent reports that confirm the property market is surging.
Winners and losers
Mr Otton, who is renowned in the UK as the creator of ‘How to Buy a House for a Pound’ strategies, said while the turnaround was great news for home owners, it signalled further challenges for thousands of already-struggling families and individuals.
“Consumer confidence is up and government schemes to boost lending are clearly making their mark, with a continuing boom in housing prices, particularly in London,” Mr Otton said.
“However, while potential buyers can take some comfort in the fact that mortgage rates are becoming more affordable, there is still a false assumption that they must resort to bank loans to purchase a property.”
Mr Otton said there were plenty of methods to gain financial freedom and make money through property without needing a bank mortgage, equity from an existing property, stamp duty or even a deposit.
For the past decade, the professional property investor has shared his radical property millionaire secrets through ultimate wealth summit events, such as the sell-out Zero-Debt Property Cashflow Conference he holds in the UK each year.
“With my easy-to-copy and proven property system, I’m able to show students how to buy a house even if they have no cash, credit or experience,” Mr Otton said.
“Over the years, I’ve exposed the many myths that surround property investing and successfully trained tens of thousands of property investors, many of whom have gone on to become household names in the UK.
“The beauty of my cutting edge techniques is that anyone who wishes to achieve growth and cash flow through a property portfolio can do so.”
For more details about Rick Otton’s 2014 UK Zero-Debt Property Cashflow Conference or to download the free Power Property Profits Pack, visit http://www.RickOtton.co.uk or phone 0207 000 1027 (UK).
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 more details about Rick Otton’s 2014 UK Zero-Debt Property Cashflow Conference or to download the free Power Property Profits Pack, visit http://www.RickOtton.co.uk or phone 0207 000 1027 (UK).
Jane Otton, rickotton.com, http://www.rickotton.com, 0-207-000-1027, [email protected]
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