(PRWEB) July 06, 2014
BIS Shrapnel predicted that Sydney house prices, which are currently at an average of $795,000, will rise 14 percent in the next 2 financial years to $906,000. However, it will fall over on the third year plunging home prices to $875,000, news.domain.com.au reported on 22 June 2014.
In response to this property news, Rick Otton, a respected property coach and best-selling author, discusses that cycles are part of the real estate market, and what separates good investors from the pack is their ability to know what strategy to use among changing market conditions.
“I always remind my students that the market follows a cycle, and for every time prices are on their way up, it wouldn’t be too long when prices would start to slide down. Unfortunately, many property investors are unprepared for these kinds of shifts because they make a financial decision out of the fear of being left out and they disregard the value of making an exit strategy,” according to Mr. Otton.
Mr. Otton then said in a recent interview for We Buy Houses Radio that seller finance strategies are flexible strategies that anyone can use to make profit even when the market is down.
“Making a profit out of your real estate investment shouldn’t depend on existing market conditions. Rather, it should be in the terms of the deal you’re making. Seller finance strategies offer property investors the chance to create flexible terms and a way to craft an exit strategy from any investment property,” he shared.
The We Buy Houses Radio is a weekly broadcast featuring Rick Otton and his creative solutions on how to solve all of your property problems. Visit http://WeBuyHousesRadio.com/ to catch all of the episodes and receive the bonus Property Investor’s Toolkit.
Australian property investment specialist, Rick Otton, has been developing, sharing and teaching his innovative real estate strategies for 23 years. As the founder and CEO of We Buy Houses, which operates in the US, UK, Australia and New Zealand, he is known for introducing cutting-edge techniques that have enabled previously disenfranchised people to get out of the rental cycle and into their own homes.
His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor. His real estate book, published in 2012, ‘’How To Buy A House For A Dollar’, was voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.
As well as conducting free seminars, workshops and conferences in the UK and Australia, Mr. Otton releases a weekly podcast on iTunes, Creative Real Estate. In these he shares examples of real transactions, and you can listen to his students share their own experiences using his strategies.
Go to WeBuyHousesRadio.com to listen to Rick’s free podcasts.