Rick Otton Podcasts Present All New Strategies For Property Investment
Rick Otton is a self-made millionaire and property investor, based in Sydney, Australia.Since 1991, Rick Otton has built his real estate portfolio using innovative strategies without the need for traditional bank-style loans. He is director of We Buy Houses business that operates in Australia and the UK.
Rick Otton review regularly records and publishes iTunes podcasts via his channel Creative Real Estate.
Mr.Otton’s innovative low-risk, high-reward approach to real estate investing has been featured in a variety of Australian television programs including Today Tonight, A Current Affair and Hot Property.
According To Rick Otton, Real Property Valuation Is Dependent Upon A Number Of Factors
A potentially troublesome trend was recently identified in a report released by the Reserve Bank of Australia (RBA). This report from the Australian Bureau of Statistics & Real Property (RP) Data collates a wealth of information that, when seen altogether, sheds light on some relevanttrends. To address this situation, Rick Otton, a renowned and capable real estate educator will present all new strategies and approaches to take to tackle the ever-changing market.
The information identified by the RBA reportson property valuation. It seems that property values appear to be approximately two percent less than was reported in 2007 and 2010. Reports compiled in those years indicated that property values were high and stable; however, this was apparently a temporary situation. The existence of this situation causes worry that it may happen again in 2014 leading to an even greater fall in property values.
While this may be true, Rick Otton does point out that real property prices have actually risen since March of this year. In fact, they have come back by almost and entire percentage point. Nonetheless, there may be more to this situation than meets the eye.
In addition to general information about real property values, the RBA report provides more detail regarding such topics as inner city growth. For example, it points out that growth in the inner cities may be more subject to a "bubble" effect than in areas such as the outer suburbs. The report points out that properties in the outer suburbs may be more stable in pricing because they are generally priced at approximately fifty percent less than those in the inner suburbs. Furthermore, in areas such as Brisbane where space is at a premium due to geographical features, prices will be higher. Additionally, according to Mr.Otton, real estate that is conveniently located near major job hubs and require only a short commute will continue to command higher prices.
Make The Most Of Expert Real Estate Investment Advice By Listening To Rick Otton Podcasts
Because information about investing in real property is often complex and shifting, Rick Otton has created a series of weekly podcasts offering advice about how to approach the current property market for the greatest advantage. These interesting and informative podcasts are offered free of charge.
Mr.Otton says that he has set up the schedule for the podcasts in such a way that listeners can access them at any time. In this way, they will be able to gain full benefit from the information without compromising their existing commitments. Mr.Otton hopes that listeners will find it easy to take the time to learn about buying and selling property in the great city while the opportunity is ripe. He urges people not to simply stand by watching as the chance to profit slips past.
Why Is Rick Otton Providing These Podcasts?
Mr.Otton feels strongly about giving something back to his community. He wants to provide others with the tools he has used to gain financial independence with wise property investments. He feels certain that these podcasts will be useful to potential investors whether they choose to invest in properties in the outer suburbs or the inner cities. He says that, regardless of rising or falling prices, his strategies can be adapted to make the most of the situation.
Access Rick Otton Podcasts
To hear Rick Otton review interesting and informative topics like these in his weekly podcasts, visit www.creativerealestate.com.au, and tune in to Rick Otton's Creative Real Estate Show. Here you will find a wealth of interesting and enjoyable iTunes podcasts that will help you make your real estate investment dreams come true.
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