383 - Deal Deals Deals - Mark Barrett and Max Scott

Max Scott Returns: The €1.83m Dublin Deal – All Money Out & €3,486 Monthly Cash Flow

Max Scott is back on Deals Deals Deals for the third time, having previously joined us on Episodes 64 and 103 back in 2022.

A lot has happened since then.

In this episode, we catch up with Max on how his property journey and business have developed over the last four years - including the publication of his book, Why Property, now available on Amazon - before getting into the numbers behind one of his latest Dublin deals.

The focus is, 111 Seville Place, Dublin 1, an eight-studio residential block plus garage, purchased for €1,075,000 with approximately €75,000 spent on refurbishment.

Rather than carrying out a major refurbishment all at once, the work was completed on a phased, unit-by-unit basis. This meant rental income could continue while the studios were improved and rents increased towards full market levels.

Just six months after purchase, the property was refinanced at a valuation of €1,830,275, returning the investor funds in full and creating €564,053 of equity.

And the result isn't just equity on paper.

The deal now produces €3,486 per month in cash flow - with no money left in the deal.

The Deal at a Glance

Purchase price: €1,075,000

Refurbishment: €75,000