Rick Otton Reveals Boom or Bust Conditions Irrelevant to Investor Success
Oct 16, 2013 (PRWeb.com via COMTEX) --
Sydney property investors and aspiring home owners fear they will miss out on a chance to secure a place as housing prices in the state are predicted to spiral beyond control. But not all industry analysts agree with the dire warnings, including real estate authority, Rick Otton, who has spent the past two decades coaching Australians on achieving financial freedom through non-conventional property investing strategies.
Mr Otton is poised to hold two ultimate real estate bootcamps in Sydney this month. The first is on 12 October followed by another one-day intensive on 27 October.
He will hold the workshops amid intense industry speculation that Sydney house prices will rise by 20 per cent next year, bringing the median price to nearly $900,000.
In a recent media report, the Australian Property Monitors added a fresh perspective to the debate, saying Sydney was nowhere close to boom conditions.
APM's Senior Economist, Dr Andrew Wilson, said: "Underlying drivers remain problematic for sustained high levels of house price growth next year. Sydney's unemployment rate is now rising towards 6 per cent and predicted to continue to rise. Wages and profit growth remain subdued in a low inflation economy with a stagnant stock market continuing to constrain growth in the prestige market."
Responding, Mr Otton said regardless of boom or bust conditions, property investors could always rely on creative real estate investing buying and selling strategies to achieve long term wealth.
The real estate authority is renowned for his low-risk, high reward policies that allow people to invest in property with little or no deposit, no stamp duty or financing from banking lenders.
"It is well known that I'm on a mission to transform the way people think about buying and selling in Australia. Through my private training programs I've already taught thousands of people how to buy real estate using little or no money of their own," he said.
Sydney real estate event
Mr Otton, author of 'How to Buy a House for a Dollar', said his Sydney property events this month were designed for anyone who could think out of the box and who wanted to create positive cash flow income without the need to approach a bank or save for years to get the tens of thousands of dollars needed for a deposit.
"During this free one-day training, participants will learn all my latest no-money-down strategies so they can build a portfolio of cash-flow positive real estate fast," he said.
Seating is strictly limited for the real estate educator's training sessions, which are often filled weeks in advance. The sessions have a strong focus on demonstrations, and examples of actual transactions.
To register for one of Mr Otton's one day real estate seminars visit HowToBuyAHouseForADollar.com.au or phone, in Australia, 1300 888 450
About Rick Otton
For over 23 years property millionaire Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed - strategies in which transactions are made without the need for 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 one-day free seminars across Australia, which build on the the concepts he shares in his 2012 book '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.
He regularly records and publishes iTunes podcasts via his channel Creative Real Estate.
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.
To register for one of Mr Otton's free Australian one day seminars visit HowToBuyAHouseForADollar.com.au or phone, in Australia, 1300 888 450.
Read the full story at http://www.prweb.com/releases/2013/10/prweb11231334.htm
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