|Student Success Story|
Redcar, United Kingdom
Danny was a self-employed electrical engineer by trade who was investing in property using the traditional strategy of buying properties, refurbishing and then reselling.
Danny attended Rick Otton Zero-Debt Property Cashflow Conference in 2011 where he was able to learn new property strategies such as lease options and instalment contracts.
With Danny's learning, he was able to turn what looked like negative property situations into positive property situations that were profitable.
|One recent transaction that Danny completed was a property owned by Mrs. Robinson in Longbeck Road in Marske. Mrs. Robinson had this
property on the market with an estate agent for a long time and came to Danny for his help as she was motivated to sell.
Danny was able to purchase the property from Mrs. Robinson for £90,000, without any of his own money invested, and then on-sold it to a new
|About Rick Otton|
|For the past two decades, Rick has served as an advisor to government officials, solicitors and real estate agents continuously refining his property strategies regarding the housing affordability crisis.
Now an internationally recognised authority on vendor finance and as director of We Buy Houses Pty Ltd, his mission is to transform the way people buy and sell property to empower them with the knowledge that there is another way.
In 1991, Rick Otton uncovered an innovative strategy of buying and selling real estate and went on to amass a portfolio of 76 properties in his first 12 months of investing. Rick buys, sells and trades property, using little or none of his own money, and structures transactions to create positive cash flow.
|Since 2001, Rick has taught nationally and internationally over 35,000 students how to buy, sell and trade residential property without getting bank loans or acquiring debt, using little cash and minimising risk.
Starting first with free live training events, many of Rick's students have been able to create wealth, buy their first home, restructure a negatively geared property to make it cash flow positive and build their property portfolio year after year.
His philosophy has been highlighted in various Australian TV shows. He appeared in the ABC documentary Reality Bites as well as Today Tonight and Hot Property.
Rick has also been profiled in numerous national and international magazines and books as he shows everyday people how to create wealth in real estate, without bank loans or saving large deposits.
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