Too often, people confuse passion with financial reward, reasoning that if something is rewarding for their bank account it will also be a fulfilling pursuit for them to follow. Unfortunately that reasoning is flawed, and is a quick way to burn out...
(PRWEB) July 24, 2014
Leading property investor turned respected real estate investment educator, Rick Otton, has recently recorded a podcast in which he discusses the key components needed to ignite an individual’s passion.
“Whether it’s investing in property, playing darts, or rock climbing, passion is the key ingredient to getting better at any pursuit”, said Mr. Otton.
“Too often, people confuse passion with financial reward, reasoning that if something is rewarding for their bank account it will also be a fulfilling pursuit for them to follow. Unfortunately that reasoning is flawed, and is a quick way to burn out or lose interest in the process. This often means that you will fail or won’t achieve the results you set out to achieve” said Mr. Otton.
“For example, if you want to get into property investing, it’s important to find a passion for what interests you in that area. For me personally, it’s structuring deals to sell properties and get income streams for investors, and educating folks about how to grow their wealth” said Mr. Otton. “For others it may be travelling to find far-flung rural properties, finding the best apartment opportunities in capital cities, or locating unloved gems in the suburbs that need a bit of work to really shine” Mr. Otton went on to say.
“Whatever the passion, it’s important to goal set and measure your progress. Doing this can have a snowball effect for investors, as they are encouraged by successes and are motivated to do more and do it better. On the flip side, tracking progress against your goals also allows you to identify where you’re making mistakes and prevent prolong periods of mistakes and losses” said Mr. Otton.
Investors who are interested in hearing more about the creative real estate investing strategies for which Mr. Otton has a passion can tune in to the We Buy Houses Radio Show. In these podcasts he discusses new and evolving strategies, and goes into the specifics of property investing in detail.
Previous episodes of the show, as well as full transcripts are available for download at no cost at http://www.WeBuyHousesRadio.com
For over 24 years property investment specialist Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed – that don’t require taking out traditional bank-type loans. He constantly refines his techniques as he buys and sells properties through his We Buy Houses business which operates in Australia, New Zealand and the UK.
A gifted speaker and educator, Mr. Otton conducts regular free seminars across Australia, which build on the concepts he shares in his book ’How To Buy A House For A Dollar’. The book was voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.
He regularly broadcasts, records, and publishes the transcripts of, his iTunes podcasts via We Buy Houses Radio.
Known for his innovative low-risk, high-reward approach to Australian real estate investing, Rick has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor.
Subscribers to Mr. Otton’s We Buy Houses Radio no-charge podcasts receive a complimentary Property Investor’s Tool Kit. To learn more visit http://www.WeBuyHousesRadio.com.