3 day Zero-Debt Property Cashflow Conference to be held on April 19-21

April 7, 2013 - PRLog -- LONDON, ENGLAND (APRIL 5, 2013)- Rick Otton, property investment mentor, has scheduled his 3-day Zero-Debt Property Cashflow Conference for April 19-21, 2013.

It will be an interactive and hands-on conference about alternative approaches on property investing, highlighting his critically-acclaimed strategy- “How to buy houses for a pound.”

“This strategy teaches its students how to make money in real estate without the need for traditional financing methods, and eventually help them build a passive income stream for cash flow and wealth generation,” said Mr. Otton.

Mr. Otton also hopes to apply these strategies against current issues facing the U.K. property market, like Britain’s decreasing number of young home owners and the government’s new “Help to buy strategy.”

The Home Builders’ Federation issued a report about Britain’s younger generation being the “locked out generation.” This means that young Brits are having difficulty owning their houses.

“Young people in London, for example, are forced to save for 24 years before reaching the required amount of a deposit,” cited Mr. Otton.  

In a comprehensive view, official data state that annual home ownership dived to 200,000 from 500,000 a decade ago.

To boost the declining home ownership levels in the U.K., Chancellor George Osborne announced on March 20 the launch of “Help to buy strategy.” It provides 2 modes offinancing assistance to all people who are interested in acquiring houses, whether old or new. The program will start in 2014 and run for 3 years.

The first mode offers interest-free loans, for the first five years, for newly constructed homes below £600,000. Buyers must only contribute 5 percent deposit, and the government will provide a loan worth 20 percent of the property’s value. The Chancellor has allotted £35 billion of capital funds for this program.

The second mode involves new mortgage guaranties from the government worth£130 billion. This package will be offered in cooperation with large lenders for families who are struggling to meet sky-high deposits for mortgages.  

Mr. Otton shared that, “erratic economic movement has forced people to become creative, and look for alternative avenues of financing. Relying on large lenders, especially for the second mode, may only cause difficulties for home buyers which will subscribe to the program,” he said.

“My 2 decades of experience in various property markets around the world has given me the wealth of experience necessary to guide aspiring investors in achieving the results they need in acquiring property, regardless of the prevailing economic climate,” he said.“I invite everyone who are interested in boosting their property portfolio to join the conference, and take the first step ina financially secured future,” Mr. Otton ended.

About Rick Otton

Rick Otton has spent decades making money by snapping up inexpensive real estate and putting it to work building wealth.

He is the founder and CEO of We Buy Houses, which operates in the U.S., U.K., Australia and New Zealand putting his strategies to work every day.

Otton received his start in alternative real estate investment (http://www.rickotton.co.uk/freecoaching/?inf_custom_adsou...) in 1991 and within a year acquired 76 properties. In the following years, he made a fortune using his low-risk, high-reward strategies to inexpensively acquire real estate.

Now, Otton shares the wealth by sharing the wisdom, teaching others how to buy and sell real estate without cutting banks and other middlemen in on the deal.

In 2008 Rick revealed his strategies in the United Kingdom and became the creator of ‘Houses for a Pound’. Otton has been featured in a variety of television programs and magazines.

Details of Mr Otton’s UK Zero-Debt Property Cashflow Conference are at RickOtton.co.uk (http://www.rickotton.co.uk/freecoaching/?inf_custom_adsource=pressrelease)