Owning a house is every person’s dream but potential home buyers are discouraged by the strict banking requirements so they resort to renting properties.
FOR IMMEDIATE RELEASE
International real estate adviser, Savills has forecasted that rents will rise considerably more than house prices in the UK over the next five years. However real estate guru Rick Otton believes that applying property investment strategies could prevent this dilemma in the property market.
“We all want to have our own homes, but with the current financial downturn, most people are left with the choice of renting out houses because they can’t afford to buy one,” Mr.Otton said.
He explained that due to the rise of the number of people who are unable to buy their own house, the property supply will not be able to keep up with the demand. With the scarcity in supply, competition among renters will drive the rent prices skyrocketing.
“With the significant increase in rent, it’s more practical to buy a house with property investment strategies. For so many years, I’ve taught thousands of students how to buy a house with no money and without applying for a bank loan,” said Mr. Otton.
“Prospective homeowners and aspiring investors are usually intimidated by the huge deposit they will have to pay for the property. Some of them are disheartened by the possibility of being rejected by the banks. That’s where my rent to buy strategies comes in,” said Mr. Otton.
Rick Otton is widely known for his innovative property options and has made home ownership possible even for ordinary people. “ My strategies have proven that you don’t need to have an impeccable credit history, stable 9-5 job, or huge money to be able to buy a house” he said.
“All you need is the courage to embrace creative thinking and a lot of opportunities will open up to you even in real estate. Those who think out of the box are the ones who see that there is more than one way to accomplish things,” he continued.
Rick Otton has travelled to different countries sharing his property investment strategies through real estate seminars and trainings. His techniques have been widely embraced in the US, and Australia among others.
For more information on Rick Otton’s strategies , please visit http://www.rickotton.co.uk/sales-page
About Rick Otton
Rick Otton is an original pioneer of creative property strategies. He is founder and CEO of We Buy Houses, a leading property enterprise which operates in the property markets of the United Kingdom, New Zealand, USA and Australia.
In 1991 he uncovered an innovative strategy of buying and selling real estate and went on to amass a portfolio of 76 properties in his first twelve months of active investing.
Since 2001, Rick has taught over 30,000 students to buy, sell and trade residential property without banks, debt or risk. By employing these same strategies many of Rick’s students have made over a million dollars a year in cash and equity, using little or none of their own money, year after year.
In 2008 Rick revealed his strategies in the United Kingdom and became the creator of ‘Houses for a Pound’.
He has appeared in the following Australian TV programmes: 2004 ABC documentary ‘Reality Bites’ and on Today Tonight, Insight and A Current Affair. In October 2007 Rick gave a way a house on national TV during 2 episodes of Channel 9’s Hot Property.
Rick Otton has also been featured in Your Property Network, Australian Property Investor, Lifestyle Trader Magazines and in the books: The Secrets of Property Millionaires Exposed!, Ideas: Original Perspectives On Life and Business From Leading Thinkers, Think and Grow Rich in Property, Insider Property Secrets, and Walking With The Wise.
Rick Otton can be contacted via his website http://www.rickotton.com