RG 267 - What US Investors Need to Know About Australian Real Estate – w/ Scott O’Neill

Retiring at 28 years old may seem impossible, but Scott O’Neill proves that it’s not as far-fetched as you think. Join us on this week’s episode as we delve into the ins and outs of Australian real estate, as explained by one of the most successful real estate investors in the land down under. Scott O’Neill is a Sydney-based real estate investor, author, founder of Rethink Investing, and host of a podcast of the same name. He has successfully “retired” at only 28 years old after creating a $20 million portfolio in just five years, and his wealth only keeps on growing. Today, Scott focuses on helping other investors find the best opportunities in commercial real estate through Rethink Investing, which now stands as one of the most successful commercial buyer’s agencies in Australia. We may not be talking about investing in the US today, but trust us, you’re going to want to hear what Scott has to say about Australian real estate—and all of the nitty-gritty involved. In this episode, we talk about the differences between investing in the US and Australia (and there’s a lot!), the best value-add strategies in Australian real estate, the terms that can help investors get the most ideal cash flow, and the measures that every investor needs to protect themselves against worst-case scenarios, among many others. If you want to expand your portfolio to the Australian market—or are simply curious about what it’s like to be an investor in such a faraway land—don’t miss out on this episode. KEY TAKEAWAYS 1. Growth will slow down at some point, which is why you need to focus on yield. 2. The key to finding the best loan terms and achieving optimum yield is working with a great mortgage broker. 3. One of the biggest differences between US and Australian markets is that secondary and tertiary markets don’t exist in the latter on the same level as the former. 4. Manually collecting and understanding data is imperative for every type of business owner. LINKS https://au.linkedin.com/in/scott-o-neill-0b0aa151 https://www.rethinkinvesting.com.au/