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Thanks Paul for the useful insights, much appreciated. :)

Thanks for the insight Terry, regarding Q.2, I actually phoned Rick's office and they explained it a bit better, essentially after 1-2 years after the deal is done, you can offer the buyer to add value to the property and refinance in order to "buy me out" and own the property. Regarding...

Thanks Paul, I appreciate all the info, I even signed up on some of the websites you posted and will be attending a VFA meeting. By the looks of it, it's really not rocket science, you just need to get your due diligence right on the property you will be 'wrapping', then find the right buyer...

How different? By the sounds of it, it sounds like a good positive cashflow vehicle

Sounds like it's got its many pros and cons. So why do you still own the risk if I may ask? Did your lawyer set it up this way as a form of security showing your vested interest in the business until its fully paid off? Thanks Beachside, We see eye to eye. It is also not my first Rick...

Thanks Darryl, Funnily enough, all the attendees received Rick Otton's book at the seminar, and I just noted that in the Acknowledgements section, he has acknowledged Anthony Cordato, i.e. Cordato Partners :P which is his lawyer. Also on the link you just posted on the bottom of the page he...

Thanks RPI. Sounds rare :(

Oh, I see. Thanks Aaron. So basically not many would be familiar with these strategies?

RPI I did not mean any disrespect in that regard, nor was I trying to prove that 30 live examples can replace specific legal advice by the appropriate licensed practitioners. Each and every case would be different and I am sure that at least some of these students did the right thing by...

Hi RPI, When you say spend money, do you imply spending the money on setting up the proper structure to pull these strategies off successfully? Be mindful that in the seminar, Rick has demonstrated close to 30 different show cases of his students (through videos, letters, emails etc.)...

Hi all, As the title suggests, yesterday I attended Rick Otton's one-day seminar in Melbourne on How to Buy a House for a Dollar and I just wanted to share the experience with you guys and ask a few questions if I may. I am sure that some of you must have attended one of his seminars before...