2 Nov 2026

“I Know You’re Right. I’m Doing It Anyway.” Why Even Smart Investors Make Dumb Decisions

About this episode

An eye surgeon with three Auckland rentals sat down with a financial adviser. The numbers said growth; he wanted yield anyway. “I know you’re right. But I still want a yield property.”

In this episode, Ed and Andrew walk through the mental traps that catch even the smartest investors.

You’ll learn:

Why do even SMART property investors make dumb decisions
3 biases investors always fall into
How to break the habit and break the bias

The takeaway? Every one of these is easier to spot in someone else’s portfolio than in your own.

Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.

Ok, now for the legal bit:

The Property Academy Podcast is for your general information. It’s not financial advice.

So the hosts aren’t telling you what to do with your own money. We’ve made every effort to make sure the information is accurate. But we occasionally get the odd fact wrong.

Make sure you do your own research or talk to a financial adviser before making any investment decisions.

Related podcasts in this series

3 Nov 2026
5 Habits Property Investors Have That Normal People Don’t
We made a video about investing on the average salary. And people were angry.
So this time, Ed and Andrew are asking a different question: what is being “normal” actually costing you?
In this episode, they walk through 5 things investors do that normal people don’t.
You’ll learn:
- Why waiting to be noticed is costing you more than you think
- What happens to a pay rise in a normal household vs an investor’s
- The goal-setting study where 76% of people got at least halfway to their goals (and what they did differently)
The lesson? Normal isn’t free. You just pay for it later.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
5 Habits Property Investors Have That Normal People Don’t
1 Nov 2026
Everything New and Coming Soon to Christchurch in 2027
After 15 years and $683 million, the new Te Kaha stadium has finally opened. But everyone already knows about that.
So, what about the projects reshaping Christchurch that nobody's talking about?
In this episode, Ed and Andrew count down the developments coming to Christchurch in 2027, ranked by what they cost.
You'll learn:
- The new riverside path and the 600-hectare old red-zone land around it
- The $130m downtown precinct of apartments, shops, and laneways
- The one that was meant to be finished by 2027, and was delayed again
The lesson? Tracking what's actually getting built is one of the first things to check before you buy ... and almost nobody does it.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
Everything New and Coming Soon to Christchurch in 2027
31 Oct 2026
He Owns 13 Properties At 80. But Now He's Selling Up. Here's Why [Case Study]
Peter Lewis has been investing for 35 years, owns 13 tenancies, and until recently had never sold a single one. Now, at 80, he’s starting to sell down – slowly, over the next decade, on his own terms.
In this Case Study Sunday, Peter shares how he’s turning a lifetime of property into an income, and how he decides what to keep.
You’ll learn:
- How to turn your properties into an income for the rest of your life
- Why this investor has started to sell down his portfolio after 35 years
- How he’s deciding which properties to keep
The lesson? It took him 20 years to build real momentum ... because in property, the quick wins are about as rare as winning Lotto.
Inspired by today's case study? Find out if you can afford an investment property with our quick quiz.
He Owns 13 Properties At 80. But Now He's Selling Up. Here's Why [Case Study]
30 Oct 2026
He Bought In The WORST Area In NZ. Here’s What Happened
Back in 2021, we called Levin the most overvalued town in the country. A listener gone unconditional on a $930k house there. Today, he's down around $150,000, and he asked a fair question: would we change our answer now?
In this episode, Ed and Andrew re-run Levin through five tests to see if it's finally a buy.
You'll learn:
- Whether Levin is genuinely cheap now, or just getting cheaper
- Why it's still overvalued after four years of falling prices
- The small-town risk that most buyers never check
The lesson? This was never really about Levin. He paid 1.8x the average house in town... and the "overflow town" has nothing overflowing into it right now.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
He Bought In The WORST Area In NZ. Here’s What Happened

“I Know You’re Right. I’m Doing It Anyway.” Why Even Smart Investors Make Dumb Decisions

About this episode

5 Habits Property Investors Have That Normal People Don’t

Everything New and Coming Soon to Christchurch in 2027

He Owns 13 Properties At 80. But Now He's Selling Up. Here's Why [Case Study]

He Bought In The WORST Area In NZ. Here’s What Happened