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Rick Otton Property Investment Strategies Accelerates Powerful Life Changes …


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Rick Otton Property Investment Strategies Accelerates Powerful Life Changes for Investors

PRWEB.COM Newswire

Sydney, Australia (PRWEB) May 23, 2013

In a new Creative Real Estate iTunes podcast, property investment strategist and author of ‘How to Buy a House for a Dollar’, Rick Otton, has revealed how it’s possible for aspiring investors to ‘live the dream’ even without real estate investment experience or financial capital.

In a detailed interview with one of his students, James Campbell Bruce, Mr Otton said anyone with persistence and gritty determination could get the gist of his out-of-the-box strategies.

“Sometimes with human nature, when you engage in a process or something in life that’s too simple, the brain will go, ‘Well, it’s too simple. It can’t be that way’,” Mr Otton said.

Mr Otton is renowned in the US, UK, Australia and New Zealand for his unusual property investing methods.

For more than a decade, the property mastermind has been sharing his knowledge gained from personal experience, from transacting rent-to-buy situations and coaching people on how to invest in property with no deposit, to earning positive cash flow from day one.

A success story

Podcast caller, James Campbell Bruce, said he had managed to leave his Sydney-based full-time teaching job to run a property investment business within 13 months of committing to Mr Otton’s creative real estate investment strategies.

He said that at the time, he and his wife had hit a wall as property investors because banks would no longer provide finance to grow their portfolio.

“My goal was to try and live off passive income and I thought there had to be another way. I was lucky to see Rick at an event. As I went through the course, I learned a lot of and we were able to sell a property eight days after we finished boot camp. It was a good decision,” Mr Bruce said.

He said while his new property business typically negotiated win-win deals for a diverse range of scenarios such as negative equity and instalment contracts, it was important to be adaptable to each situation.

“It’s a case of getting in front of a buyer or seller and working out what they need, then working out which strategy is going to fit that need,” he said.

“Try and get rid of that mindset that everything has to be perfect from the start, like I did. You’ve just got to keep practising and learning.”

To hear this, and other free podcasts from Rick Otton visit CreativeRealEstate.com.au. Phone enquiries in Australia can be made on 1300 888 450.

About Rick Otton

Rick Otton has spent decades making money by snapping up inexpensive real estate and putting it to work building wealth, and teaching others to do the same.

He is the founder and CEO of We Buy Houses, which operates in the US, UK, Australia and New Zealand, and through

Article source: http://www.digitaljournal.com/pr/1263529

Smart Media Releases YOBSN Which Could Be The Biggest Thing Since …

  • Email a friend

YOBSN get paid to play games online. Win cash and Prizes. 100% Free

YOBSN

If you are not a brand, you are a commodity.

Philip Kotler

Silicon Valley, CA (PRWEB) May 23, 2013

Smart Media’s “Your Own Branded Social Network” or YOBSN is a Social Network engine that offers a first of its kind opportunity to not only brand a company or individual but instantly connect them to millions of people around the world. YOBSN owners can brand and customize the portal by which their clients and friends access the social network creating top-of-mind awareness for their cause, product or service. Smart Media provides the important social media content and features and even the incentives for users to want to return and use the social network and YOBSN owners can create a second layer of content to their system by offering even more to their free users.

What makes YOBSN unique over other social networks is that they share their revenue not only with the YOBSN owner but also with the YOBSN owners free users. Like nearly all other social networks Smart Media earns the majority of its income from advertisers and they share this revenue with the people responsible for creating it. It is definitely an idea whose time has come. Users can enter contests daily to win cash and prizes. They can play free games for real cash and prizes and also earn points whenever they click on banner ads that interest them.

Users can earn points for referring others and these points can be spent in an online rewards store for digital or physical products. One might compare it to a frequent flyer program or rewards card program with one major exception being that users don’t spend any money to earn them. Most rewards programs are simply discount programs where the discount may or may not ever be used. When someone uses a credit card to earn frequent flyer miles, for example, a small portion of the money that the person spent is used to create the free miles. So these miles may or may not be used in the future, and if enough of them are accumulated then

the person would have a need to use them. In essence the miles are not free the person is actually paying something for them.

The word “free” is used a lot in business but in many cases it is not actually free. For example, “Buy 2 get 1 free” sounds really good, but the truth is much less appealing to consumers when the truth is it is actually “Buy 3 and get 33%” off each

Article source: http://www.prweb.com/releases/2013/5/prweb10762628.htm

Investec’s SA business boosts operating profit by 13.4%

International specialist bank and asset manager Investec has announced its results for the year ended 31 March 2013.

Highlights

  • Operating profit before goodwill, acquired intangibles, non-operating items and taxation and after non-controlling interests (adjusted operating profit) increased 20.8% to GBP(£)433.2 million (2012:£358.6 million).
  • The Asset Management and Wealth Investment businesses benfitted from higher levels of average funds under management and net inflows in excess of £4.9 billion.
  • The Specialist Banking business incurred lower impairments than the prior year, whilst operating profit before impairments declined marginally.
  • The South African business reported an increase in operating profit of 13.4% in rand terms benefiting from growth in revenue and fixed cost containment.
  • The Australian business returned to profitability as a result of a significant decline in impairments.
  • The UK business reported results slightly ahead of the prior year.
  • Overall group results have been negatively impacted by the depreciation of the average rand: pounds sterling exchange rate of approximately 13% over the year.
  • Recurring income as a percentage of total operating income amounts to 68.6% (2012: 67.7%).
  • Impairments have decreased by 22.8%, with the credit loss charge as a percentage of average gross core loans and advances improving from 1.12% at 31 March 2012 to 0.84%.
  • The group had Tier one ratios of 11.0% for Investec plc (per Basel II) and 10.8% for Investec Limited (per Basel III). Liquidity remains strong with cash and near cash balances amounting to £9.8bn.

Business highlights – adjusted operating profit

  • Asset Management: increase of 4.8% to £140.2mn (2012: £133.7mn)
  • Wealth and Investment: increase of 30.9% to £50.7mn (2012: £38.7mn)
  • Specialist Banking: increase of 30.1% to £242.3mn (2012: £186.2mn)

Investec CEO Stephen Koseff said: “I am encouraged by the progress we have made over the past few years in realigning our business model. Our capital light businesses now account for 49% of the group’s operating profit, providing a sustainable base for our recurring income. We have continued improving our efficiencies, streamlining our processes, eliminating duplication and building scale, notably in our Specialist Banking businesses.

“Maintaining a sound balance sheet whilst driving growth in our return ratios remains a key focus. Our priority is to ensure each division and geography achieves an appropriate return. The recent improvement in equity markets bodes well for our business and we are well positioned to take advantage of a sustained market upturn.”

Bernard Kantor, Managing Director of Investec said: ““Global markets remained volatile and challenging throughout most of our reporting period. The Rand depreciated 13% which impacted our results in Sterling terms. On a neutral currency basis our earnings increased 28% supported by net inflows of GBP4.9 billion in our asset management and wealth and investment businesses and a significant decline in
impairments in our banking businesses. We have a strong franchise which is recognised in all our markets and we continue to build business depth in our core areas of focus.”

Outlook

Investec states: “The broader economic environment continues to be volatile with a strong rally in global equity markets partially negated by weak conditions on the groundin Europe and the UK. The South African economy also has its challenges as

Article source: http://www.moneyweb.co.za/moneyweb-financial/investecs-sa-business-boosts-operating-profit-by-1?sn=2009%20Detail

Seller financing: an untapped resource for real estate agents

Seller financing image via Shutterstock.Seller financing image via Shutterstock.

While the residential real estate market is generally believed to be improving nationwide, some of the residual effects of the Great Recession still affect the ability of real estate agents to facilitate home sales.

Emerging employment opportunities in many parts of the country are bringing workers into new communities. Even though financial institutions have brought reserve levels back to all-time highs within the past few years, banks are unable to fund loans due to restrictive lending criteria.

For buyers, the regulatory pendulum has swung too far. Though fully capable of making payments, many are marked with imperfect credit or low cash reserves as a result of short sales, foreclosures or plummeting values of their prior residences. For sellers, this means a significantly smaller pool of potential buyers, which negatively impacts their home values as well as their financial well-being.

Prime opportunity

According to the Pew Research Center, about 10,000 people will turn 65 every day for the next 17 years. With baby boomers entering retirement at an exponential rate, many are looking to their homes as an additional source of revenue to supplement Social Security or other insufficient income.

Today’s rising home values present a perfect opportunity for sellers to capitalize on their homes’ increasing market values, and savvy real estate agents recognize the prime opportunity that seller financing presents. The trend of tight lending standards combined with willing buyers, sellers and an appreciating housing market is certainly not permanent, so this nontraditional financing option must be quickly leveraged to yield maximum benefit.

The decision to pursue seller financing may be influenced by additional factors, such as:

  • Streamlined process: By avoiding investor requirements, appraisal guidelines and other legislative hurdles, as well as disclosures and notices, seller financing provides a streamlined, less rigid financing process.
  • Increased returns: By funding the loan themselves, sellers may be able to negotiate a higher selling price, as well as more favorable interest rates and terms.
  • Residual income: Sellers receive a steady source of monthly income from the buyer in the form of installment payments, enabling them to significantly reduce their tax burden by limiting their financial gain to the income received during that individual tax year.

Adding value to servicing

In some respects, a seller-financed transaction is perceived as an easier or more convenient method of conducting a home purchase transaction. However, effective management of the deal’s intricacies is vital to its overall success or failure. Many sellers fail to consider what lies beyond the sale of their property to truly consider the level of responsibility that they take on following the sale.

As the lender and the servicer, the seller assumes all of the accompanying operational and legal responsibilities tied to the mortgage. This includes managing the amortization schedule, as well as assuming all supporting provisions, such as tracking and reporting owed balances and interest paid, payment collection, notifications, and even storage and document handling.

While there is no formal certification requirement to execute a seller-financed transaction, formulating

Article source: http://www.inman.com/2013/05/22/seller-financing-an-untapped-resource-for-real-estate-agents/

A Strategy to Boost a Client’s Income

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Article source: http://online.wsj.com/article/SB10001424127887323975004578498914227986532.html

Top Ways to Make Money by Working at Home Revealed by WebTrafficToolkit.com

Top Ways to Make Money by Working at Home Revealed by WebTrafficToolkit.com

London, UK — Making money from home is the dream of many people around the world who crave an alternative to the typical 9 to 5 grind. But it can be hard to pick out the best ways to make money from home from the scams that lurk in the darkness.

So to help people get on the right track, WebTrafficToolkit.com have revealed their top ways to make money by working at home in a recent publication on their business opportunity tips blog.

The first recommendation was that of work from home jobs, as a stable way to get some income coming in from home.

“This is kind of like having a typical 9 to 5 job, but you get to do the work at home and not the office,” said WebTrafficToolkit.com. Common work at home jobs include freelance writing, data entry, virtual assistant work, processing emails, social media management, and more. There is likely to be lots of this sort of work available on sites such as Elance, Fiverr and Odesk but the pay can be quite low and competition for these roles is high.”

However, instead of having the equivalent of a 9 to 5 office at home, WebTrafficToolkit.com is keen to highlight the potential that affiliate marketing has to generate residual income in a more automated manner.

“One of the best and most fun ways to earn money by working from home is with affiliate marketing. This has a very low level of entry requirement and in many cases you don’t even need your own website (although it does help). With affiliate marketing you can make residual income from home that comes in each day whether you work or not,” said WebTrafficToolkit.com.

In their conclusion, WebTrafficToolkit.com encouraged readers to plug-in to their recommended affiliate marketing system of choice at http://WebTrafficToolkit.com/

A more in-depth overview of this system has been published at http://EmpowerNetworkReviewAdam.com/

About WebTrafficToolkit.com:

WebTrafficToolkit.com is a web marketing and home business tips blog that helps people realise their work at home dreams. The website currently recommends a number of top affiliate marketing programs to help beginners to online money making get started as quickly as possible. This recommendations include Pure Leverage, Plug-In Profit Site, EZ Money Formula, GVO, and Empower Network.

Company: WebTrafficToolkit.com
Contact: Press Officer
Phone: 7186189705
Email: press[@]productpress.info

Article source: http://onvideogames.net/pressreleases/411/top-ways-to-make-money-by-working-at-home-revealed-by-webtraffictoolkit-com/

Fidelis Screening Solutions Announces Launch of RentPrep v1.0

Fidelis Screening Solutions is a leading provider in the background check and drug screening industry, and has just launched a new version of RentPrep, a popular landlord tenant screening solution.

freeimage-2300686-web

The latest version includes a number of updates such as responsive design for mobile users and improved search features. These should all make their landlord brand the easiest to use in the competitive tenant screening market.

Stephen White, CEO of Fidelis Screening Solutions says “We are a young, forward-thinking company that actually woke up one day and realized we were missing the boat. In a sea of industry competitors, nobody is focusing their attention to what really matters; the landlord’s user experience. Our team built this new version from the ground up with the only goal of making RentPrep brand better than anything on the market today for tenant screening.”

Notable features in the new version include a responsive client area that enables reports to be ordered from any device, including smart phones and tablets. There is an improved home screen that is intuitively easy to navigate, and it’s now possible to search by the applicant’s name. The billing page allows invoices and receipts to be printed for orders, and everyone can now manage their credit cards online for a faster checkout. It’s also possible to add sub accounts, and this feature is ideal for anyone with multiple users or property management companies and enables everyone to access the same account with their own login credentials.

RentPrep 1.1 is scheduled to be released in June and will include even more features such as an affiliate section and live chat. The affiliate link allows clients to earn passive income for doing nothing more than giving out a link. Live chat will allow real-time support for ordering and navigating the site. The new version will also include a new support section that allows users to get answers on anything from FCRA questions to interpreting reports.

Rent Prep is a unique service in that it offers a blend of technology combined with FCRA Screener Intelligence providing the most accurate and relevant background checks available to property management companies and landlords.

Article source: http://realtybiznews.com/fidelis-screening-solutions-announces-launch-of-rentprep-v1-0/98721086/

Just how stressed are we when it comes to housing affordability?

Property pundits are hoping the Reserve Bank of Australia’s latest cut to interest rates will help stoke the country’s flat property sector into life.

But Australia’s remains highly over-valued, according to some sources, with worryingly high levels of private debt carried by households, particularly mortgage debt.

A high proportion of households consider themselves under housing stress; but this is something that is surprisingly hard to define.

The common benchmark for housing stress in Australia is a ratio of 30% of income spent on housing.

This is a misleading measure of housing affordability because it does not distinguish those on the brink of homelessness from those who can afford and choose to spend more than 30% of their incomes on high-quality housing.

An alternative is to calculate a household’s “residual income” – the difference between disposal income and actual housing costs.

The “residual income” measure can be used together with Indicative Budget Standards for Australia, which are designed for benchmarking the poverty line components of expenditure for different types of households at a given point in time.

If we omit poverty-line housing costs from these budget standards and compare them with the residual income of households, we can identify the type of households for whom residual incomes are below the budget standards without housing costs. These people are in housing stress because they cannot afford non-housing necessities after they have met their current housing costs.

The residual housing stress measure is easy to apply, because detailed data sets are available from Australian Bureau of Statistics Expenditure and Housing Surveys, as well as the more detailed HILDA household surveys conducted by the Melbourne Institute.

This is a more effective measure of housing affordability in several ways. The ratio approach applies the same percentage figure for every household type. The residual income measure uses benchmarks that vary for each household type, with an allowance made for changes in budget constraints and the fixed nature of housing costs in the short term. This makes it easier to develop policies that are targeted more effectively at issues of housing poverty.

For example, migrants and unemployed people are more likely to be in housing stress than those born in Australia and employed. Reducing barriers to social exclusion and helping migrants to find jobs would be effective policy against housing stress.

Policies such as the first home owner grants and first home saver accounts, assume homeowners will be in a better financial situation than renters, especially in the long run. Money spent on buying a residential property may be recouped when it is sold or used as a mortgage-free residence. Tenants do not get a return on their rent payments. However, such policies may be flawed if households are unable to sustain repayments over the period of their home loan.

In fact, households repaying mortgages are more likely to be in housing stress than those that

Article source: http://phys.org/news/2013-05-stressed-housing.html