Online course, $197
Uninhabitable to Bankable.
An uninhabitable or unlendable house is not a legal category. It is a property where some combination of condition, insurance, title, compliance, valuation, finance or borrower circumstances means a conventional lender will not accept the transaction on ordinary terms. This is not a buy cheap and get rich course. It is an operator's system for handling complex property, where the advantage comes from solving documented problems better than an ordinary purchaser.
What it is
The New Zealand distressed property operator programme, run as an operator's system.
Self-paced. 12 modules, 60 lessons, about 6 hours 20 minutes of video, plus 10 to 20 hours of project work before applying it to a live property.
Four stages
The whole programme, in order.
01
Define what you are buying and get finance, structure and team behind it.
02
Build deal flow, triage, negotiate and do due diligence.
03
Convert the accepted deal into an executable project.
04
Create a bankable or saleable finished asset and choose the exit on evidence.
The 12 modules
Sixty lessons, each with a deliverable.
01
The distressed-property operating model
Define an investable problem, create a buy box and reject unsuitable projects quickly
5 lessons, 27 min
02
Finance before property
Map bank, non-bank, bridging and construction pathways and present a finance-ready deal
5 lessons, 31 min
03
Ownership and tax before the offer
Brief an accountant and lawyer correctly and identify bright-line, intention and GST questions
5 lessons, 31 min
04
Building a distressed-deal pipeline
Source deals through agents, auctions, tenders, estates, mortgagees and direct approaches
5 lessons, 28 min
05
Rapid triage and offer control
Inspect fast, estimate risk ranges and make conditional or unconditional offers deliberately
5 lessons, 30 min
06
Deep due diligence
Investigate title, LIM, property file, structure, contamination, asbestos and compliance
5 lessons, 35 min
07
Council and compliance rescue
Determine the likely consent pathway, manage CoA and CCC questions and sequence council work
5 lessons, 33 min
08
Deal feasibility and settlement
Build a cost-to-complete model, stress-test time and funding and prepare for settlement
5 lessons, 32 min
09
Scope, procurement and contracts
Produce a trade-ready scope, compare quotes properly and contract renovation work
5 lessons, 34 min
10
Renovation control
Sequence trades, control variations, run site reporting and reach practical completion
5 lessons, 34 min
11
Hold-ready property
Deliver Healthy Homes compliance, property-management handover and refinance evidence
5 lessons, 30 min
12
Exit and repeat
Compare hold and sale pathways, manage valuation and refinance, close the file and improve the operating system
5 lessons, 32 min
Who it is for
- Has some capital or access to capital and understands the basics of buying NZ property
- Wants to acquire renovation-heavy or currently unfinanceable houses
- Experienced investors, business owners and developers wanting a more disciplined process
Who it is not for
- Anyone seeking guaranteed returns
- Anyone whose strategy depends on 80 percent standard bank finance over a wreck
- Anyone who cannot afford professional due diligence
- Anyone planning to conceal defects or unconsented work
- Anyone who believes every renovation can be DIY
- Anyone seeking personalised financial advice from Emma
Prerequisites
What you need before you start.
- Basic spreadsheet competence
- Willingness to use lawyers, accountants and building professionals
- Ability to read a sale and purchase agreement with professional help
- Enough financial capacity that one delayed project does not create personal financial distress
Questions
The things people ask first.
What does the course cost?
$197.
How is it delivered?
Self-paced. 12 modules, 60 lessons, about 6 hours 20 minutes of video, plus 10 to 20 hours of project work before applying it to a live property.
Is this financial advice?
No. The programme is education, not personalised financial, lending, legal, tax, insurance, valuation, building or investment advice. Use appropriately qualified professionals for decisions specific to your circumstances.
What do I need before I start?
Basic spreadsheet competence, willingness to use lawyers, accountants and building professionals, the ability to read a sale and purchase agreement with professional help, and enough financial capacity that one delayed project does not create personal financial distress.
How is it different from the three engagements?
The course is a self-paced product covering the operating system. The Strategy Room, the Operator's Table and Portfolio Acceleration are engagements where Emma works on your situation directly.
This programme is education, not personalised financial, lending, legal, tax, insurance, valuation, building or investment advice. Emma Hanover is not a financial adviser, mortgage adviser, lender, lawyer, accountant, valuer, insurer or building consent authority. Students must use appropriately qualified professionals for decisions specific to their circumstances. Lending policy, tax law, tenancy law, building rules and council practices can change.
Next step
Uninhabitable to Bankable, $197.
Self-paced. 12 modules, 60 lessons, about 6 hours 20 minutes of video, plus 10 to 20 hours of project work before applying it to a live property.
Get the course.
Send your details and we will come back to you with access to Uninhabitable to Bankable.