The Commissioner for Consumer Protection (WA) has requested that the following clarifications be conveyed to our Western Australian customers:

A) In order to become the owner of real estate, the purchase price for the property ultimately must be paid;

B) This system does not enable you to become the owner of a house for $1 - you can only purchase an option for $1. This system may provide you with an initial step towards owning real estate.

C) The making of instalment payments can be seen by banks as a sign of credit worthiness for future lending, but it is not the only factor considered. You may not necessarily satisfy a bank's lending requirements just by pointing to payments of instalments over time as proof of creditworthiness.

D) It may be unlawful in Western Australia to effect transactions of real estate between other people without holding a real estate agent's licence under the Real Estate and Business Agents Act 1978 (WA). You should obtain legal advice relevant to your circumstances before operating a rent-to-buy business in Western Australia.

Caravan and petrol money
Tim Hart

The seller was an empty-nester – a single mum, whose kids had recently moved out of home. She was living off Centrelink payments, and had a new man in her life and they were...

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Little pink house
Sirah Mumtaz

This was a little pink house in a small suburb about an hour and a quarter outside of the city near Adelaide. The owners were a couple who wanted to move interstate to start their own...

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Positive cash flow without ownership
Rob Hardy

I just did this transaction today. Some of the local real estate agents know to bring me properties that need to move fast. So an agent called me and said that this guy really...

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Sandwich lease in an hour
Brett Mudie

The buyer and the seller both found me via referral. At 11 am I met the seller. He was absolutely stuck – he had already moved out, and was renting somewhere else. Then the...

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Rick Otton Teaches Investors How To Cope With An Ever Changing Market Amidst The Property Boom

Posted on December 2nd, 2013 by


Interest rates in the country are at a record low right now and this is creating a favourable environment to buy property Australia, but people should remember that the government can change these rates sooner or later,” commented Rick Otton, …

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Rick Otton Reveals Suite of First-Home Buyer Techniques to Enter Market

Posted on November 28th, 2013 by

As housing prices begin to rise across Australia, first home buyers are increasingly fearful of being priced out of the market. There is some positive news for this segment of the market though, with Australian Property Monitors expecting first-home buyer …

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Low Median Prices Do Not Guarantee Easy Property Investment, Warns Rick Otton

Posted on November 26th, 2013 by

The biggest problem that comes between an investor and a good investment opportunity are not other buyers or competitors, but the large amount of cash needed to buy an investment property,” according to Rick Otton, a renowned speaker about creative …

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Rick Otton Urges Australian Property Investors to Monitor Increase in Chinese Investment

Posted on November 19th, 2013 by

Recent Australian Foreign Investment Review Board figures have revealed that Chinese investment in Australian real estate has, over the last two years, grown by nearly 60 percent. Property investment authority, Rick Otton, believes that it is a trend that may …

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House-Sitting Trend Proves People Are Looking for Creative Solutions, Says Rick Otton

Posted on November 19th, 2013 by

“The record breaking house prices in Australia right now is pushing people to think outside of the box for new solutions to their real property problems,” revealed Rick Otton, the author of How To Buy A House For A Dollar. …

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Rick Otton Unsurprised by Low Number of First Home Buyers Amidst ‘Rising Affordability’ of Houses

Posted on November 18th, 2013 by

“Despite lower interest rates and increased lending, first home buyers in Australia aren’t finding houses any more affordable,” commented Rick Otton, the mentor of many property experts in Australia. Data from the Australian Bureau of Statistics found that first home …

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Rick Otton Highlights Creative Strategies That Can Help Deal With Property Inflation Fears

Posted on November 11th, 2013 by

“Creative strategies can help anyone buy a house in any condition of the real estate market; that’s why parents around Australia shouldn’t panic about their child’s ability to buy real estate in the near future,” said Rick Otton, the authority …

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Rick Otton Exposes the Weakness in Property ‘Hot Spot’ Reports

Posted on November 8th, 2013 by

“We get a new report of top investment spots in Australia every week, but, in reality, you’re not really missing out on anything if you don’t get a house in the suburbs mentioned on these lists,” said Rick Otton, the …

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What You Really Need To Know About Market Property Trends And How This Can Affect You

Posted on November 6th, 2013 by

The traditional real estate market follows a continuous and repetitive cycle of highs and lows. And most people are attracted to invest or buy when the market is trending upwards, because they think prices will only continue to rise at …

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Rick Otton to Share Strategies for First Home Buyer Woes in His Updated Property Education Pack

Posted on November 6th, 2013 by

Rick Otton, the author of the best-selling finance book How To Buy A House For A Dollar, shares tips for first home buyers on how they can take advantage of real estate affordably, quickly and without setting foot into a …

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