Who is Richard Otton?
Now an internationally recognised authority on vendor and seller finance and as the founder of the We Buy Houses companies 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.
Many of Rick's students have been able to create wealth, buy their first home, restructure an upside down or a negatively geared property to make it cash flow positive and build their property portfolio year after year.