Episode
This Church Deal Looked Amazing… Until the Maths Hit⎟Ep. 2441
- Podcast
- The Property Academy Podcast
- Published
- May 18, 2026
- Duration seconds
- 895
- Processing state
not_requested
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Summary
An old church. A near-$1 million budget. And a possible Airbnb conversion in Timaru.So… would Andrew actually invest in it? In this episode, Ed and Andrew walk through a real deal that Andrew looked at. They break down the renovation costs, Airbnb assumptions, and the harsh reality. You’ll learn: How to analyse an unusual renovation project step-by-step Why heritage-style properties can become financial traps The biggest risk with complex renovations Main idea? A property can look incredible and still be a bad investment. The best investors don’t just fall in love with the story, they stay disciplined enough to walk away when the maths don’t work. 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