Scott O'Neill

speaker
1,140 appearances 15 recordings 2 series first heard Jan 2022 last heard 12 May

Scott O'Neill’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.

Appearances

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But yeah, when you know how to do property due diligence, you should open up all your horizons and look across the whole country because you're going to get better deals if you have a greater cross-section of properties to review.
Yeah, it's just...
People get a little bit too cute for themselves sometimes.
They realize that sometimes doing something difficult doesn't end up in a better result.
Again, if you buy well, like, you know, you don't need to do the full scale renovation on a property.
You know, you might get a small return on your efforts out of it, but that's sweat equity a lot of the time.
And
Yeah, look, trust me, I love a value-added property.
It's one of our core principles to chase, but it should not be the number one priority.
The number one priority should be look at the investment fundamentals as a long-term investment.
Will it be re-let?
Do I have a good yield day one?
These are more important for the bank in terms of getting the loan.
It should be more important for you getting a cash flow return.
And if there's a value-added play on top, great.
But I've seen people walk away from very good deals because I guess they're just wanting more value added and they'd rather take a weaker deal day one.
And often you don't get the discount relevant to the risk you're taking as well.
So same goes for a residential when people are looking for a duplex development.
A lot of the time the duplex profits factored into the price day one.
You've just got to be careful with that.
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