# They Thought This Deal Would Make Money⎟Ep. 2472

Page: https://stenobird.com/podcast/the-property-academy-podcast-1188781/they-thought-this-deal-would-make-money-ep-2472
Text version: https://stenobird.com/podcast/the-property-academy-podcast-1188781/they-thought-this-deal-would-make-money-ep-2472.md
Podcast: [The Property Academy Podcast](https://stenobird.com/podcast/the-property-academy-podcast-1188781)
Published: 2026-06-18T16:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/propertyacademy/episodes/They-Thought-This-Deal-Would-Make-MoneyEp--2472-e3kj5fl
Audio file: https://anchor.fm/s/e26a5a8/podcast/play/121263029/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-10%2Feedd1367-e5bf-f705-ef0d-82b116ed509f.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-property-academy-podcast-1188781/episodes/they-thought-this-deal-would-make-money-ep-2472
Duration seconds: 1098

## Resource

Property development looks simple on paper: Buy a site. Build a few townhouses. Make a profit. But once you run the numbers, the reality can look very different.I n this episode, Ed and Andrew break down the real cost of developing property in New Zealand. You'll learn: What you must calculate before buying a development site How a development can lose more than $400k despite looking profitable at first The 4 costs first-time developers usually forget to include The surprising part? The biggest mistake isn't overpaying for the land. It's getting excited about the potential profit before you've worked through the numbers. Book a meeting⁠⁠⁠⁠⁠ to start your path to financial freedom with a detailed financial plan for $0. For more from Opes Partners: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the weekly Private Property newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠

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