Australian Property Investor Rick Otton
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’.
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
Article source: http://www.prweb.com/releases/2013/5/prweb10762876.htm