Australian property analysts are speculating that the Australian housing boom has plateaued, with signs price growth is starting to slow. For buyers who have been waiting for properties in the 'hip' suburbs to come into their price range, real estate educator
"I've watched as first time home buyers and investors alike have sat on the sidelines waiting patiently for the bubble to burst," said
"Regardless of what neighbourhood a first time buyer is hoping to buy into it just takes a little know-how to get in to the real estate game. It doesn't matter what property they are looking to buy. When it comes to hip neighbourhoods, they are just the same as any other market," said
"What happens is that interest is shown in a particular neighbourhood that was once down-and-out, but which might have a cool club, cafÉ, clothing store, or general vibe that attracts attention. These encourage more businesses which, in turn, often attracts the interest of the 'arty' demographic, who move in,"
"Then the more affluent buyers start to show up, renovate, and drive housing prices up. The next thing you know the housing is no longer affordable."
Traditionally investors would keep their eyes open for the next up and coming neighbourhood. However,
"I've been teaching people through my Podcasts and free packages that they can turn negatively geared properties into positive cash flow by learning how to build a property portfolio without needing new bank credit. People have to learn to buy Australian property using non-traditional, but proven, real estate investing strategies."
For over 20 years property millionaire
A gifted speaker and educator,
He regularly records and publishes iTunes podcasts via his channel
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, A Current Affair and Australian Property Investor.
To register for one of
Read the full story at http://www.prweb.com/releases/suburban-properties/rick-otton-strategies/prweb11831306.htm
Most Popular Stories
- Islamic State Obliterating Cultural Landmarks in Mosul
- The 2014 Fastest-Growing 100
- 'Lucy's' Super Powers Tops 'Hercules' at Box Office
- VW Site Could Mean Another 2,000 Jobs for Chattanooga
- RV Sales See Highest Increase Post Great Recession
- Report: China to Declare Qualcomm a Monopoly
- Eid al-Fitr Celebrations Mark End of Ramadan
- Oppression of Women Cripples Africa: Obama
- Insecticides Permeate U.S. Food, Water Supply
- Anarchy, Chaos Sweep Across Libya