Melbourne Property Seminar to Address Investing Problems Brought About By Negative Gearing Hike

March 4, 2013 - PRLog -- A report by J.P. Morgan showed more than 35 per cent people who have bought houses in 2008 now owe more mortgage than what their houses were originally worth. “Houses could stay in negative equity for up to six years, with property prices expected to remain soft for the foreseeable future,” the report said.

This is why property innovator, Rick Otton, is coming to Melbourne this weekend for a one-day training seminar. “I’ll show you how to purchase a house for a dollar and generate positive cash flow from day one even if you have no deposit, no bank loan, and no real estate experience,” Otton said.

Otton says, “You can’t solve today’s new problems with yesterday’s old processes.” This is why he is continuously sharing and teaching people his breakthrough and innovative strategies. “It’s always possible to create a solution – all you need to do is look at the situation a little differently,” Otton adds.

Turning Negative Gearing into Positive

Most people purchase property with the intention of holding it long term and realizing the capital growth in the future. But the holding costs can be extreme. “To turn the situation around and be able to get some money out of the transaction, what you need is a shift in thinking,” Otton explained.

Rick Otton will explain why negative gearing is stupid and how could people avoid it. For those who currently own a negatively geared property, he will show them how revolutionary system could help them turn their negatively geared properties into positively geared!

“The only decision the owner needs to make is whether they want to sell the property or keep it. All it takes is opening your minds to see things and do things differently,” Otton said.

Breakthrough Revolutionary System

Otton’s system is so simple, a 12-year-old could understand it. And Otton is going to reveal them to you in plain, easy to understand terms in his one-day property investment training seminar.

“You will be riveted to your chair as I detail every single step. All I ask is that you’re willing to think outside the box while I’ll share with you the same strategies I use to buy properties for $1 and create cash flow income – without ever stepping inside a bank or saving thousands for a deposit,” Otton explained.

Real estate millionaire, Otton will be explaining more about his revolutionary system in a one-day training seminar in Melbourne, February 23 at the Mercure Melbourne Treasury Gardens.

“I’m putting on this free event valued at $1,597 to educate the masses about creative ways to buy and sell houses without a bank, a deposit, stamp duty and little or none of your own money.” Otton said.

Reserve your tickets for this event now at http://www.howtobuyahouseforadollar.com/register/?inf_cus... before all the seats are gone.