EPISODE · May 18, 2026 · 14 MIN
This Church Deal Looked Amazing… Until the Maths Hit⎟Ep. 2441
from The Property Academy Podcast · host Opes Partners
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 renovationsMain 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 newsletterInstagramTikTok
What this episode covers
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 renovationsMain 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 newsletterInstagramTikTok
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This Church Deal Looked Amazing… Until the Maths Hit⎟Ep. 2441
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