It has been a strong start to the year in terms of house prices. While it is advisable for property investors to capitalise on boom conditions, the question is where they will source the funds to finance these purchases?
(PRWEB) January 29, 2014
As industry analysts continue to debate the issue of housing affordability in the UK, the dream of home ownership continues to elude many Britons. But creative real estate authority, Rick Otton, has promised first-time home owners and UK property investors they will get real insights into alternative solutions when they access his vast arsenal of unique strategies.
While Mr Otton shares his latest ‘how to make money in property’ insights and techniques at real estate conferences and seminars in the UK, a wealth of information is also easily accessible – and available at no charge – on his website.
These resources include the highly popular Power Property Profits Pack, which covers everything from seeking out bargain properties to driving positive cash flow through property portfolios.
"This at-your-fingertip information is crucial given that asking prices across England and Wales have grown by more than 6 per cent in the past 12 months," Mr Otton said.
Recent data has revealed there are now 43 hotspots across the UK where the average price is in excess of £1 million. London’s property market once again proved the strongest, with a 7 per cent year-on-year increase, taking the average price to £514,704. The regions are also performing well.
Striving for long term wealth
Mr Otton, a self-made property millionaire, is an advocate of creative real estate strategies which do not require bank finance, or the need to invest much – if any – personal capital to purchase properties.
"It has been a strong start to the year in terms of house prices. While it is advisable for property investors to capitalise on boom conditions, the question is where they will source the funds to finance these purchases?" he asked.
"Debt burden in the UK is increasing and middle class workers are set to be hit even further by inflation, tax rises and a loss in earning purchasing power. Unfortunately, the trend has been for the share of earnings spent on housing costs to rise and rise, keeping many people on struggle street."
Mr Otton said Britons could get leads on making smart property deals using his low-risk, high reward and easy-to-copy strategies.
Access Mr Otton’s free downloadable Power Property Profits Pack at RickOtton.co.uk, as well as the details of early bird pricing for his next UK 3-day real estate training conference in March 2014. Phone enquiries in the UK are welcome on 0207 000 1027.
About Rick Otton
Rick Otton is a property investment professional who, over the last 23 years, has introduced innovative real estate strategies to the UK, Australian and the United States. His creative ‘low-risk, high-reward’ approach to buying and selling houses is exemplified in his own business, We Buy Houses.
This year marks the 10 year anniversary of Mr Otton introducing his strategies to the UK, and the 5 year anniversary of his innovative ‘Buy A House For A Pound’ process – one that attempted to be emulated by others. His constant process of strategy refinement, and adapting to the ever-changing real estate market, continues to place him at the forefront of property investment education.
In 2012 Rick Otton published his Australian book ‘How To Buy A House For A Dollar’ which was named in the list of Top 10 Most Popular Finance Titles for 2013. A UK version is on the drawing board for publication in 2014.
Mr Otton freely shares insights into his non-bank-loan strategies that have allowed everyday UK men and women to beat the rental cycle and have their own homes. He coaches others on how to build profitable businesses by facilitating transactions that focus on the needs of potential buyers and motivated sellers.
Access his free downloadable Power Property Profits Pack at RickOtton.co.uk, and the details of early bird pricing for his next UK 3-day real estate training conference in March 2014. Phone enquiries in the UK are welcome on 0207 000 1027.