Building The Fastest Growing Commercial Real Estate Buyers Agency and Moving Away from Residential Property Investing

On Episode 42 of the “Future of Australia” podcast, I speak with?Scott O'Neill, the Co-Founder and CEO of Rethink Investing, who helps real estate investors who want to access high yielding commercial investment properties in Australia.

They have been on the Australia Financial Review (AFR) Fast Starters list for multiple years in a row, making it one of the fastest growing new buyers agencies in Australia.

[Click Here to Listen to the Podcast in SPOTIFY, or?Listen in iTunes, or?Listen in SoundCloud, or search 'Future of Australia' or 'Derek Stewart' in your iPhone or Android podcast app]

We Discuss...

• Why commercial real estate can have triple the cash flow rental returns than residential properties
• Personally investing in property, and being able to retire with 20 properties at the age of 28 years old, and have six months off in Europe
• Buying 51 properties last month for his clients, and hiring six staff in the last six months

• Being on the coal face for sourcing properties has been a constant for his seven years in business
• Working more “on the business”, going from being a small business to a medium sized business, becoming more process driven, and less reactive, and having a clear workflow in a busy market
• Why COVID has streamlined his due diligence process, seeing which tenants have done well in the last two years, and which ones have faded
• Why he doesn’t like clickbait articles, especially from journalists posing as real estate ads and not even talking to them, but why they can trigger 1000+ phone calls in just days
• How it has become easier to differentiate themselves from the get-rich-quick schemes and hype businesses in real estate
• Hiring for jobs that don’t exist on SEEK.com.au, such as a Commercial Buyers Agent, so they need to hire smart people and train them up internally
• There’s more opportunities in starting new businesses versus trying to be a CEO of a very small number of companies, but you can learn a lot working for those doing great in their industry
• Doing internal mortgage broking to commercial properties, due to losing deals from people using their residential mortgage brokers
• Why Australia is seen as a safe and high yielding country for investment, and why it is growing even while the borders are closed

[Click Here to Listen to the Podcast in SPOTIFY, or?Listen in iTunes, or?Listen in SoundCloud, or search 'Future of Australia' or 'Derek Stewart' in your iPhone or Android podcast app]

Podcast Episode History:

Episode 1:?"Family Business & Real Estate: How Husband and Wife QLD Entrepreneurs Found A Gap in The Market"

Episode 2:?"Law & Accounting Firm A.I and Automation + Doubling Revenue TWICE in 12 Months"

Episode 3:?"Expat Entrepreneurship & Maximising Your Marketing Dollars"

Episode 4:?"Turning a Hobby Selling Quirky Gifts Online Into a Multi-Million Dollar Business"

Episode 5: "Owning 20+ Properties In His 20s to Buying 40 Per MONTH for Clients"

Episode 6: "Engineering Entrepreneurship and Managing BILLION Dollar Assets"

Episode 7: "One Day Away From Shutting Down to 1000% Annual Growth"

Episode 8:?"From Losing Your Co-Founder to 59% Growth the Next Year"

Episode 9: "Female Entrepreneurship And Starting a Business 11 Days After Giving Birth"

Episode 10: "From Door-To-Door Salesman To $11 Million Annual Revenue Within FIVE Years"

Episode 11: "From Podiatry Intern to 60+ Employee Health SuperCentre"

Episode 12: "From Selling Burned CDs to $350mm in Annual Revenue"

Episode 13: "Developing a Growth Mindset and Perth Entrepreneurship Going Global"

Episode 14: "From Army Officer to $23mm Annual Revenue Canberra Consultancy in 3 Years"

Episdoe 15: "How High School Best Friends Created One of The Fastest Growing Media Agencies in Australia"

Episode 16: "Creating Entrepreneurs, Corporate Innovation and Helping 10 Year Olds Make $1000+ Per Month"

Episode 17: "From $200,000+ in Credit Card Debt to Seven Figure Annual Income"

Episode 18: "How Construction Consulting Became a Multi-Million Dollar Niche Success"

Episode 19: "Why A Fast Growth Law Firm Embraces Tech and Teaches Its Entrepreneur Clients How to Negotiate"

Episode 20: "From Neuroscience PhD to 70 Employee Fast Growth Consultancy"

Episode 21:?"From Inspirational Facebook Posts to the Fastest Growing New Apparel Business in Australia"

Episode 22: "From Sleeping on the Factory Floor to 3rd Fastest Growing New Business in Australia with $40mm+ Annual Revenue"

Episode 23: "From Graduate Finance Job at 18 to Growing Revenue $55 MILLION in 12 Months"

Episode 24: "Paying Drivers MORE The Secret to the Fastest Growing New Logistics Company in Australia"

Episode 25: "From Kicked Out Of High School to Published Author Running A Multi-Million Dollar Digital Growth Agency"

Episode 26: "From $1,000,000+ in DEBT to 6th Fastest Growing New Business in Australia

Episode 27: "How EMPLOYEE-OWNED Consultancy Became 10th Fastest Growing New Business in Australia"

Episode 28:"From Cold Calling in a New York City Phone Booth to Australian Public Company CEO"

Episode 29: "How a Direct-To-Consumer Leak Proof Underwear Business Became The 8th Fastest Growing New Businesses in Australia"

Episode 30: "Why Helping People Lose 6kg+ in TWO WEEKS Made Shark Tank Invest"

Episode 31: "From Road Tripping Around the USA in a Van to Running One of The Fastest Growing Digital Media Agencies in Australia"

Episode 32: "How Predicting Technology Trends Enabled Vamsi to Build One of The Fastest Growing New Businesses in Australia"

Episode 33: "Becoming One Of The Fastest Growing New Recruitment Businesses in Australia While Having Two Weddings and Five Pregnancies in the Founding Team"

Episode 34:"From Making $1,000,000+ Mowing Laws at 17 to Becoming One Of The Fastest Growing New Engineering Businesses in Australia"

Episode 35:"How Tony Turned a Struggling Digital Gifting Company Into a Fast Growth Success Story Selling 400,000+ Gift Cards per MONTH"

Episode 36: "Using Automated Disinfecting Lights and Robots to Tackle COVID-19 and Becoming The Fastest Growing New Healthcare Business in Australia"

Episode 37: "Becoming One of The Fastest Growing New Management Consultancies in Australia by Doing The Opposite of The Big Four"

Episode 38: "Being The Solution to Climate Change, with a BILLION Dollar Goal and Turning That Into a Fast Growth Success Story"

Episode 39: "From Starting a Restaurant in Germany as a University Student to Creating The Fastest Growing AirBNB Management Business in Australia"

Episode 40:"Making Impact While Making Millions, With the Fastest Growing New Social Enterprise in Australia"

Episode 41:"Qutting a Dream Job at Google to Build One of the Fastest Growing New Businesses in Australia"

Hi, my name is Derek. "FUTURE OF AUSTRALIA" is a project I am running to interview the Founders, CEOs and Entrepreneurs behind the?FASTEST GROWING new businesses in Australia.?

It has been voted one of the?top Australia business podcasts.

"FUTURE OF AUSTRALIA" is about interviewing, celebrating and sharing the knowledge, aspirations, struggles, goals and achievements of these people with a broader audience.

If you are interested in contributing, learning more of keeping in the loop with our updates and email newsletter, email me at?[email protected], or give me a call or text on?0404 689 897.

www.FutureOfAustralia.com