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Investing in Property Still Possible in a Rising Market, Says Rick Otton(May 12, 2014)
(PRWEB) May 12, 2014
In the latest RP Data-Rismark Capital City Index, it was stated that real estate prices across capital cities in Australia continued to experience moderate increase of 0.3 percent in April, apimagazine.com.au reported on 2 May 2014.
The largest capital gain was recorded in Darwin with 5.1 percent and Sydney with 4.1 percent, but overall every capital city was able to record an increase from the past 3 months.
The natural reaction of people when they hear that house prices are continuously rising is that they postpone their plans of buying a home whether it be for residential or investment purposes, simply because not everyone has enough money to pay for the high deposit fees, commented Rick Otton, owner and director of We Buy Houses Pty Ltd.
Mr. Otton then shared in a recent interview for his second round of Ready, Set, Boom seminars that continued growth of house prices shouldnt deter Aussies from pursuing their dreams of becoming homeowners or property investors.
Home buyers and property investors out there shouldnt lose their passion since there are creative ways to enter the Sydney real estate market without paying a large deposit. I encourage everyone out there to not be trapped in the conventional way of thinking, and start looking for another way to solve your property problems, he said.
An example of a creative way to enter the Sydney real estate market is through seller finance strategies. In seller financing, the buyer doesnt have to pay a large amount of deposit or even apply for a new home loan. This can be done when the buyer and seller agree to flexible payment terms. Seller finance strategies remove traditional barriers, enabling buyers to purchase and pay for properties a lot more easily. In turn, the seller will not only be able to receive the full equity of the property, but also be able to move away from unwanted debt immediately, Mr. Otton discussed.
If you want to learn more about creative real estate strategies, you can join Rick Otton for the second round of his 2014 Ready Set BOOM Tour. Mr. Otton will be visiting Sydney on 29 May 2014, Thursday, and 31 May 2014, Saturday. Register now for your free seat at readysetboom.com.au.
For over 23 years, property millionaire Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed strategies in which transactions are made without the need for traditional bank-type loans.
He constantly refines his techniques as he buys and sells properties through his We Buy Houses business which operates in Australia, New Zealand and the UK.
A gifted speaker and educator, Mr. Otton conducts regular workshops across Australia, which build on the concepts he shares in his 2012 book How To Buy A House For A Dollar, voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.
He regularly records and publishes iTunes podcasts via his channel Creative Real Estate.
His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, Hot Property and Australian Property Investor.
To register for one of Mr. Ottons free upcoming Australian seminars, visit ReadySetBoom.com.au or phone, in Australia, 1300 888 450.
Read the full story at http://www.prweb.com/releases/rising-property-market/rick-otton-strategies/prweb11843411.htm.