For more than 20 years, Rick Otton has been teaching property investment secrets for Aussies through boot camps and seminar trainings. Earlier this year, Otton released his real estate book which outlines all of the strategies the property guru has developed over the years.
“My ‘How to Buy a House for a Dollar’ book has shown that it’s possible to buy as many houses as you want, using little or none of your own money and without getting a bank loan, even if you have less-than-perfect credit or have been locked out of the traditional banking system,” Mr. Otton said.
He has also recently launched a series of property investing seminar workshops that explains and demonstrates how these techniques work, using actual deals closed by Rick Otton’s students.
“My students will tell you there are more than enough transactions for everyone, and how much they enjoy connecting with a group of like-minded people, focused on creating positive outcomes in property and in life,” said he.
Teaching by Example
Rick Otton believes that the best method of teaching is by example. His property seminars have been designed to showcase actual deals of his successful students.
“My students were motivated to give my systems a go for various reasons. Some started working with me because they had lost their job, or they simply disliked what they were currently doing; others had a negatively geared property or needed passive income. But what they all had in common was they were open to new possibilities. For some of you, you may have to pretend to put all your money in a heap and burn it so you can feel what it’s like to challenge yourself to be creative and look at property investing differently!”
His property book is also jam-packed with case studies on property transactions using Rick Otton’s techniques. In a specific case, Rob, one of his students, shared how he was able to buy a house for a couple who had no money for deposit.
Rick's student reveals in the book a transaction that he completed “The couple said that they could get this house really cheap. It was an unadvertised mortgagee-in-
Rob got an up-front deposit of $8,000 with positive cash flow of $363 per month. “He still owes me a deposit of $47,200, which he’s paying back over a 30-year term with interest, and he’ll probably refinance and pay me out in a couple of years,” he added And you will find many more case studies like this within the book.
Mr. Otton said: “It is possible to become a property entrepreneur even if you’ve never bought or sold a house in your life. And it’s possible for both the buyer and the seller to get what they want at the same time. It’s not only possible, thousands of people from all walks of life have been doing it for years. And if they can do it, you can do it too.”
Rick Otton has launched a series of property investing seminars to provide an in-depth discussion of his property strategies. For more info, please visit: http://www.howtobuyahouseforadollar.com/