Tonight 8pm on ABC: Rick Otton

Thanks, Kay

Pisces

good reply yack – anyone else seen it, please provide your valuabe feedback on what you though as I unfortunately missed it. Thanks.

Kind Regards,
George.

“If You never never ask, you’ll never never know”

I don’t know. There is enough working class upbringing in me to distrust the glitz and glamour of someone selling something. He (Rick Otton) seemed uncomfortable about adopting the trappings of wealth at the beginning, and fed up with the seminar scene at the end. But isn’t a “lucrative hobby” (as he described his wrapping business) still preferable to a stressful cash-cow that the seminar business was portrayed ?….each to their own I guess.

I have no idea who has been around longer. But I assume they are both peddling similar wares.

I recall back in 1998 on night time Infomercials, while in the US, there was a guy called Carlton Sheets who was peddling wraps as well.

So they both probably borrowed the concept from the US.

It almost makes you sick – the way he brags about it. As if he is everyones hero.

Hi All,

Let assume you can’t borrow money from anywhere, but you want to own your own home. What will you do?

Will you take the opportunity that Rick Otton given? or you just walk away from the opportunity?

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

i dont think i can sleep at night doing what these people do
no matter how you sugar wrap it; Steve or anyone out there, the wrap technique is never helpful
higher interest rates, wrappee is like a modern day slave with an invisible collar around their necks, no potential insurance to cover their potential mishaps to keep up payments thus potentially losing all they earn forif the law is for the people it should ban wrapping
im just very angry to see these bastards drive mercedes, get plastic surgery, Armani etc – non-essential things in life, prosper out of everyday honest individuals who wants their own home AND to earn it (unlike the Scotts in TDT who trashes props)
even if one is an Atheist you would get the feeling these people will have to pay for it one way or another
Do it the traditional way, provide reasonable rent, be a good landlord and just be kind to one another
Easier said than done. Im no angel but all should strife to sustain a level of integrity that we can say “I am a human being”

But the bank won’t lend you the money. The bank just ask you to go away, what will you do?

Kind regards

Chan Dollars
[Retire Young, Retire Rich] [strum]

what is being alluded to is the fact that there are so many people that can’t even get a lo doc homeloan, and the only people they can turn to despite the huge cost, the interest rate charged, are people like Rick.

I know my brother would have given anything a couple of years ago to get a home, but they had defaults liek you wouldnt believe, not bad peopel, not bad payers, but problems with certain phone companies..and not being as festidious as some….

So those people go to the ‘loan sharks’
The way I see it, it isnt a bad thing, it is an option for them, take it or leave it.
It is also a foot in the door.
You dont like the interest, keep up payments get yourself a rating of some kind or history is really the term and make changes, I guess you make sure you know the fine print, but higher rates for higher risk people is not objectionable.

And just maybe, it gets them on track, it might actually be quite positive.

Elves

” a blind man may see what a sighted man may not”

I’ve just watched the show that I taped earlier. I agree with others have said. There wasn’t much for the investor in there.

What I found interesting though is how Rick Otton explained that the most “successful” seminar presenters were the ones who entertained the most and taught the least.

CarLover.