...many Aussies get into property investment out of the fear of being left out, that’s why they always forget to create an exit strategy in case things don’t turn out as planned.
(PRWEB) April 25, 2014
Last February, overall growth for home buyer and investor loans slowed down by 0.7 percent and 1.1 percent, respectively, Business Spectator reported on 9 April 2014.
Industry analysts are currently debating if the slowdown is a transition into a more sustainable pace of growth, or marks that investor demand for Australian real estate is already exhausted.
“There’s been a lot of talk about lately about the slowdown of the Australian real estate market. But if you’ve done your homework before entering the market, you won’t have to worry about negative news like this. Unfortunately, many Aussies get into property investment out of the fear of being left out, that’s why they always forget to create an exit strategy in case things don’t turn out as planned,” according to Rick Otton, owner and director of We Buy Houses.
“Remember than when you enter the property ladder you have to start with the end in mind, and to do that you have to link in your happiness and well-being where you want to go. Property investors must always ask themselves 2 things: what is the game plan and what are you going to get out of it? To achieve these goals, people need the proper toolkits, otherwise it’s just a dream,” he added.
Mr. Otton then revealed in a new interview for his Power Property Profits Pack that creative real estate strategies are the best toolkits available for property investors hoping to enter the property market while house prices are rising.
“If you want to buy a house, but you don’t have enough money to follow the usual process, you can buddy up with somebody else who has the cash but doesn’t have the right toolset to make it grow. The person who brings the money to the table gets a pretty high percentage of profits in the relationship, while the person who does the running around gets the experience and knowledge to make their next transactions more successful,” he explained.
For more information on seller finance strategies, visit http://creativerealestate.com.au/freepack/ to get a copy of Rick Otton’s Power Property Profits Pack.
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’, 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 CreativeRealEstate.com.au to listen to Rick’s free podcasts.