Anywhere Can Be a <b>Property</b> Hotspot if Buying and Selling With the <b>...</b> | Real Estate Investing |
| Anywhere Can Be a <b>Property</b> Hotspot if Buying and Selling With the <b>...</b> Posted: 24 May 2014 03:12 AM PDT
RP Data figures reveal that suburbs outside city centers are continuously recording house price increases, News.com.au reported on 17 May 2014. Australia's top performing suburb, Hay in New South Wales, saw a 34.7 percent jump in house prices in just 3 months. Stepny in South Australia grabbed second place in terms of real estate price growth, with an increase of 28.5 percent. "People like to look at hotspots and think that those are the best places to buy right now. That's because estimates show that house prices are likely to increase in a hotspot due to strong demand. However, estimates are not written in stone. And there is always a risk that the estimates are off," according to Rick Otton, host of the highly anticipated Ready, Set, BOOM seminar tour. "Rather than focus on predictions, it's better to focus on the factors within your control. These factors include the terms that you offer in a transaction. Based on experience, I've found that creating an opportunity for buyers is the best way to stir up interest and demand for a property. This opportunity can be created by using flexible seller finance terms," he added Mr. Otton explains in a new interview for his second round of Ready, Set, BOOM tours that with the help of seller finance strategies, any suburb in the country can be a hotspot for investment property. "Like what I always say to my students, the profit comes with the terms of a deal and not just with the value of a property for sale. The terms must always be structured in a way that will make the property easy to buy. Simply put, if a house is easy to buy, it becomes easy to sell. Under this process, sellers and buyers can agree on flexible payment terms. Rather than take out a new loan, a buyer can assume the existing financing and pay the remaining equity in increments. These non-traditional changes facilitate fast transactions and help make any suburb a property hotspot," commented Mr. Otton. To learn more about creative real estate strategies, you can join Rick Otton for the second round of his 2014 Ready, Set, BOOM tour. To find out when Mr. Otton will be visiting a town near you, visit http://www.readysetboom.com.au. Don't miss out on securing your free seat today! 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 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. Otton's free upcoming Australian seminars, visit ReadySetBoom.com.au or phone, in Australia, 1300 888 450.  |
| Louisa's Journal: The Second Chapter | <b>Real Estate Investing</b> Center Posted: 27 May 2014 06:24 AM PDT I decided to come back and start anew. I am so glad to be back!!! I have missed this place and visiting with everyone here! So I'm starting a second journal. The first one was a great reflection for me, and got me going to do deals, execute and stay accountable. It has been 5 years since I started my first journal on this site. My life has changed (2 kids later, cashflowing properties and 30+ deals done!). My expertise has changed. My success has changed. My challenges and struggles have changed (and some are the same!). And my goals have changed. All these changes deserved a new journal, and a new challenge in staying accountable to bringing it to the next level! **** Is the time which I am waking up in the morning and getting things done average or great? Is what I'm choosing to eat or do first thing in the morning average, or great? Is my office the office of an average person or a great person (the way I keep it, not the material items in it)? Is my car average or great (the way I keep it, not what I drive)? When I pick up my kids after school/day care, is the attention that I give them before and after day care, average or great? After I put kids to bed, what I am choosing to do with my time, is it average or great? IS WHAT I AM DOING EVERY SECOND THAT I LIVE - IS IT IN THE DIRECTION OF WHERE AND WHAT I ASPIRE TO BE? IS IT AVERAGE? OR GREAT? I have literally asked myself this question at least 15 times today and it is only 10:30am. Do you ever have those moments in life, when you snap, and realize after looking around, while you may be grateful for what you have, and absolutely grateful for how far you have come, but you realize, STOP BEING LAZY!! I am not there yet!! THIS is not where I want to be, and to get there, things are going to have to change in myself and the way I do things and NOW!!! NO EXCUSES! A few days ago, I got one of those spurts of inspiration where you wake up every morning, or in the middle of the night...(thinking of times at THE EDGE for sure!) and I just can't sleep until I am operating in GREATNESS! I truly believe this greatness is in everyone internally (whether dormant or not) and that "average" is only the effect of "average" behavior ---not an "average" person. So when I speak of "average", it is not condescending, but it is just the regular cycle of life you would go through if you just did what you felt like all the time, or you weren't motivated to do anything different than be "average". I made 4 lists yesterday that I plan to continue to make at the beginning of EACH WEEK leading up to THE EDGE 2015: ---Top 10 things I'm grateful for right now It's all the little things that affect the way you operate, affect the way you do business, and affect whether or not your business will go to the next level. I promise this new journal will focus on real estate. But I needed to start here. I needed to clear my head and get back to the basics of the habits that make you a HUGE SUCCESS! STRIVE TO BE GREAT!!! I WISH ANYONE READING THIS THE GIFT OF INTERNAL MOTIVATION AND YOUR "WHY" TO PROPEL YOU TO GREATNESS!! __________________ Current Journal on Dean's site: The Second Chapter: http://tinyurl.com/p986al3 First Journal on Dean's Site: From the Beginning: http://bit.ly/ocv10 |
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