Scott O'Neill
๐ค SpeakerAppearances Over Time
Podcast Appearances
So you're going to get a better cash on cash return.
Yeah, you just don't want to go too small.
When you go into regional cities, if you go into places where there's 10,000 or less people, you're going to find there's difficulties with lending.
And that will affect your cash on cash return because you won't get as high lending rates as well.
And that's important to be able to lend efficiently because you'll be able to get a better return on your investment long term as well, because you can pull more money out of the deal if you refinance it down the track.
So you need to sort
of go to major regional cities.
If you go to one of those smaller towns, you just need a much higher yield on your purchase.
Sounds good, buddy.
Appreciate your time as always.
Yeah, we've been here for about two and a half months.
So we're back in, my wife and I and child are back in mid, sorry, October rather.
And yeah, we've sort of got a house here.
And before COVID, this is something we did every year.
We just made sure we sort of escaped the
Sydney winter and been really good.
So weather's good and yeah, but looking forward to getting back into it.
Puts the fire in the belly to full-time business thing when we get back in October.
Yeah, believe it or not, I've never seen Greece so strong at the moment.
In terms of the islands where a lot of the wealth is created through tourist dollar, they've got their busiest season that