Andrew Nicholl

speaker

9,590 appearances 124 recordings 1 series first heard Apr 2026 last heard yesterday

Andrew Nicholl’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 124 in all, peaking in Jul 2026 with 29.

Appearances

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The Property Academy Podcast · Should I Renovate Houses Or Build New? [Real Numbers] · 10 Sep 2026 podcast

And I've said $2,000 a year.

In their mind, they were thinking, well, that sort of yield, you're going to be positively geared.

It's actually not the case.

So when we broke it down, it worked out to be $8,000 negative cash flow per year.

No.

You doubled down.

I think one of the things that happens in life is when we start putting our feelers out there for an investment opportunity, we start to look at everything.

And so this particular property, the aunt was there, would have solved a problem for her, which I'm like all for helping out family.

If that's what you want to do, then go ahead and do it.

But in this example...

I assume that that actually increased the value by $100,000.

So they've spent $780,000, but the value is $880,000.

But it's still a higher yielding property, which will probably be a bit more limited in terms of capital growth, because you're not going to have an owner-occupied fall in love with a room-by-room rental.

But I used 5% capital growth rate.

But it's still, okay, it's in Christchurch, which we're all for as well.

But I fast forward what the end value was.

And over the course of 15 years, it made about a million dollars.

Yeah.

And again, remember what they're trying to do is they're trying to close their wealth gap as efficiently as possible.

And in their mind, they wanted something to springboard them into the next one.

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