Category: Latest News (Page 1 of 35)

Wholesaling Shift

Hi everybody it’s Rick speaking.

Let me talk to you about wholesaling for a minute. Whenever I speak to people about wholesaling, they say, “Well look, if I buy property from a seller, then I am going to have to find a buyer, well you might only be able to hold the property for a few days.”

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We Buy Houses Radio EP 178: What’s The Result You Want?

In today’s episode, Rick Otton shows you the steps in getting the result you want in any negotiation  by simply asking the right questions.

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rick otton, buying a house, strategies for buying a house

Reframe The Result!

Hi there, it’s Rick Otton. I just got off the phone with a Go Direct Student who’s doing a transaction and I had a brilliant idea, you guys will love it.

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We Buy Houses Radio EP 177: How To Earn More From A Transaction

In this Podcast episode, Rick Otton looks into the many ways you can maximise your profits from your transactions.

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The Next Shiny Object: What’s The Best Way To Make Money?


Hi guys, it’s Rick Otton, I just popped down the road to the beach.

Actually, everybody knows one beach in Australia, I’m not even going to tell you the name. It’s the touristy beach that everybody goes to.

Anyway, I’m not here to tell you about the beach, I’m here to talk to you about shiny objects, a little lesson I’ve learned over 27 years.

People are always asking me for the next shiny object that makes you all the money. Write it down: “It’s the one you’re doing now!”

There’s no such thing as the next shiny object that makes all the money. The next shiny object always has to come with experience before you’ll make all the money. People say to me all the time, “Why don’t you do this, or why don’t you do that?”

And my answer is always what’s called Next Shiny Object Syndrome, which is what I’m going to have to learn before I make a profit.

I specialise in what I do and I don’t do things outside that because if I have no experience around it, it will cost me money to get experience. Quite often I see people who do what’s called The Next Shiny Object, which means they don’t actually make any money because they’re always worried about the next shiny object.

So I’m going to suggest this to you: There is no such thing as the next shiny object. The next shiny object should be the thing you’re doing now, just get better at it! Get more expertise, do it more often, and just get really, really good. Then you’ll become the expert in that.

So don’t keep changing to the next shiny object, or you’ll burn up a lot of life energy.

You’ll never get very good at anything because you’re always learning the next hottest, greatest thing. It’s like an adrenaline rush, similar to doing the purchase of something. It’s never the ownership of it, the thrill and the rush is around the purchase of it.

So if the next shiny object sounds sexy, well guess what? Maybe it’s ok to be not so sexy! 🙂

Alright, I just thought I’d share that. When people ask me what’s new, I say, “Well nothing is new, but just keep doing what you’re doing and you’ll get better at it. When you get better at it, you’ll become the best at it.”

One thing I’ve learned about being the best at anything is that everyone is willing to pay you a bucketload of money for your expertise. So just get good at something!

By the way, if you do have a new shiny object, I’d love to know what it is! Join us in our private Facebook group Rick Otton’s Property Community and COMMENT to let me know what it is.

lease options, best property investing strategies, what is the best strategy

What’s The Best Strategy?

Hi guys! Rick Otton here.

I was just thinking about Lease Options.

I had a great thought. Quite often students asked me which is the best strategy to put together, when you want to do a transaction.

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We Buy Houses Radio EP 176: How To Excel In Your Business

In this podcast episode, Rick Otton is joined by his former student Freddie, and they discuss what it takes to start out as a property investor and moving on to growing your business and excelling at it.

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Set Up The Standard

Hey guys, how are you? It’s Rick Otton.

I’m putting together some paperwork for the PDP Group, the Profitable Deal Playbook, which is the online program.

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