What do you think of this guy....?

Discussion in 'Innovative Property Investment Techniques' started by mmgg, 24th Oct, 2015.

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  1. mmgg

    mmgg Member

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    Hi all,

    found this on Youtube and was wondering if the guys legit he sounds like he's full of it what do you think?
     
    mmgg, 24th Oct, 2015
    #1
  2. mrdobalina

    mrdobalina Well-Known Member

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    there's more to life than working
    mrdobalina, 24th Oct, 2015
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  3. jins13

    jins13 Well-Known Member

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    jins13, 24th Oct, 2015
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  4. CU@THETOP

    CU@THETOP Well-Known Member

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    I concur. My perception is that this operation takes advantage of desperate sellers and poorly educated "wrappees". My views on options (which I expect Mr Otton incorporates into the transaction) are they are tools for the type A I don't want to work but I want all the money types to scam poorly educated or not legally represented people.
     
    CU@THETOP, 24th Oct, 2015
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    Darren A likes this.
  5. consumerrights

    consumerrights Member

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    consumerrights, 28th Oct, 2015
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  6. Ethan

    Ethan New Member

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    I think the main problem with Otton's techniques is that he's teaching people how to be 'middlemen' in the process, not really buy a house (for $1 or more).

    Being a middleman means that if something goes wrong (on the vendor's and/or buyer's side), the middleman walks away with his (partial) profit.

    That's not how we do it. When we wanted to sell 'rent to own', we first bought the property outright, then sold it on terms to the buyer. Everyone is happy :)
     
    Ethan, 26th Nov, 2015
    #6
  7. Darlinghurst Boy

    Darlinghurst Boy Well-Known Member

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    A lot arrested ?
     
    Last edited by a moderator: 28th Nov, 2015
    Darlinghurst Boy, 28th Nov, 2015
    #7