Why Buy Houses for $1?
Did you know Sydney’s “Luna Park” was bought by Multiplex from the New South Wales Government in 2005 for the sum of $1?
Did you know Chelsea Football Team in the UK was bought by Ken Bates in 1982 for the total sum of £1?
Imagine if you could also buy your next property the same way…with no cash and no bank finance required…would you buy one?
Well I’m Rick Otton and I’ve bought a bunch of properties for $1 and I’d like to share with you why…
I started buying my properties this way 22 years ago during the American Savings and Loans Financial Crisis in the late 80’s early 90’s in Texas.
I was an unemployed Aussie who had no money and available credit was virtually impossible to get as many financial institutions had fallen over. I realized that I had to create new systems to manage the new problems as the old processes just wouldn’t work.
When I moved back home to Australia in 1990, Aussies asked me to recreate the same systems I used in the U.S.A. for some of the Commonwealth countries. I researched and eventually designed all new systems for the speedy purchase and sale of properties in Australia, New Zealand and the United Kingdom.
Now it seems history has repeated itself on a larger scale as the world economies appear to have walked off a cliff and it’s become obvious to more people now that we can’t solve today’s new problems with yesterday’s “old thinking”.
Things don’t change, people change things and you’re at the home of the guy who loves to change things!
When I look at methods and processes I simply ask:
- What’s the goal we are trying to achieve?
- Is the process presently adopted the most efficient or just a standard previously employed and handed down over time?
I want to help ordinary Aussie’s transform their lives to create wealth and positive abundance. For 22 years I been assisting others grow property portfolios without harvesting a lot of debt for which they are liable. My mission is to transform how people buy and sell property, to empower where the traditional real estate system has failed.
Join us as we create an international community of people who unite creating wealth balanced by solving other people’s problems at the same time.
125 Oxford St
Bondi Junction NSW 2022
+61 (02) 9475 4367