With wages shown to be lagging well behind housing prices and people’s ability to save being compromised, it’s no wonder many people interested in making money through property feel like they’ve hit a dead end.
(PRWEB) March 09, 2014
The Governor of the Bank of England, Mark Carney, has conceded the organisation is powerless to keep in check soaring property prices in the nation’s capital. Property investors across the country are struggling to get into the market and pursue their dreams of asset protection and long-term wealth accumulation. But creative real estate advocate, Rick Otton, offers some unique solutions in the face of growing despair.
In a recent statement, Mark Carney said although the Bank had been given additional powers to stave off the threat of a boom-bust cycle, it was being forced onto the sidelines by circumstances beyond its control. He said the central bank had little ability to steer the boom as cash buyers and foreign investment were driving it.
“We change underwriting standards – it doesn’t matter, there’s not a mortgage. We change interest rates – it doesn’t matter, there’s not a mortgage, etc,” he said.
Mr Otton said with average prices in many UK areas passing the £1 million mark, Britons were understandably running out of effective property investment strategies.
“With wages shown to be lagging well behind housing prices and people’s ability to save being compromised, it’s no wonder many people interested in making money through property feel like they’ve hit a dead end,” he said.
Ultimate wealth summit
Britons wishing to learn a diverse slate of low-risk, high-reward real estate investing strategies have the chance to book into Rick Otton’s three-day Zero-Debt Property Cash Flow Bootcamp this month.
“This action-packed intensive is primed to give participants property investment freedom as they’ll learn creative strategies that will work in any market and any stage of the market cycle. The property extravaganza will focus on cutting-edge investment strategies that can be used immediately to buy a house without needing a new bank loan, a mortgage or any personal capital,” Mr Otton said.
A Power Property Profits Pack is also available at no charge on Mr Otton’s UK website. Ideal for those unable to attend the Zero-Debt Property Cash Flow Bootcamp, the online resource includes valuable insights and tips gleaned from Mr Otton’s two decades of experience as a high-profile professional investment mentor.
Access Mr Otton’s free downloadable Power Property Profits Pack at RickOtton.co.uk/freepack, 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.