
Property Investment
Opes
6 min read
In September 2024 we released Opes+.
Itâs an app that helps you run the numbers on your investment properties. That way you can make an informed decision about what properties to buy (and which to keep).
For years weâve given away free spreadsheets, but we often received feedback they were confusing and not easy to use.
We heard that feedback and built Opes+. So far, weâve had great feedback from you guys â the Opes community. Youâve told us about bugs and other features you want to see.
Thatâs why weâve decided to build Opes+ âin the openâ.
That means developing it alongside you, our users and community of property investors.
If we tell you what weâre building, you can give us feedback. That way weâre constantly improving and we build the most useful features first.
So here is the roadmap of what we plan to build (and when).Â
Let me know your thoughts down in the comments section.Â
Let me know what you like and what you donât like. That way we can adjust the roadmap if we need to.
The first version of Opes+ is whatâs called a Minimum Viable Product.
That means we wanted to get an app in your hands as soon as possible. So today, Opes+ only has the most essential features.
We didnât want to wait a year to get it in your hands to test. Instead, we released it after only 3 months. That way you can immediately start to use it and give feedback.
So at the moment it lets you:
We effectively wanted to replace our old Return on Investment spreadsheet, but add in a few more features too.
Here's an example of what your dashboard will look like:
More from Opes:
As well as fixing little bugs and errors, weâre also working on a couple of new features.
Some will be for the general public, but there are also some special features for Opes Partners clients.
The first feedback Iâve heard has come from people who used and loved my old spreadsheets.
Thatâs because it gave you A LOT of detail about the numbers on your property. But, the new app intentionally took that away. Thatâs because some people found it confusing.
So weâll make spreadsheet lovers and non-spreadsheet lovers happy.
Soon youâll be able to click on the cashflow graphs and see the numbers in a table format. That way youâll better understand whatâs going on.
We also plan to build this for other key numbers like the Return on Investment calculation.
Status: In design. Expected launch â late October
Whenever you buy a property through Opes we give you a Property Pack (itâs an information pack about the property).
In the past this was a PDF with the data and information you need to make an informed investment decision.
Soon these will all be in Opes+. That means it will be a âliveâ property pack.
The data will update as soon as new numbers are released, and youâll be able to see which properties in a development have already sold (in real time).
This means all your property packs will be in one place. Itâll also mean you have the real time data you need to make the right investment decision.
Status: In development
The next big piece of functionality is a tool that will help you see how many properties you can buy.
We previewed a spreadsheet that did this at a recent webinar ⌠and over 5,000 people registered to come!
Weâre going to take that spreadsheet (the Investment Ready spreadsheet) and give you those features inside Opes+.
That means you can input your financial information, and it will forecast how fast you can grow your investment portfolio.
Weâll also include Artificial Intelligence (AI) in this feature. Weâre training AI to understand how banks decide whether to give you a mortgage or not.
Then it will tell you what sort of properties to buy (and when) to maximise your wealth.
We may start by just releasing this feature to Opes Partners financial advisers and clients. That way we can test it thoroughly and there is a financial adviser to help you use it.
We do plan to eventually get this in the hands of all Opes+ users.
Status: Pre-design. Weâre currently building the spreadsheets we need. We plan for this to be live in the first quarter of 2025.
After the AI features launch, we want to make property investment simple. That means seeing all your:
All in one place.
Our plan is that Opes+ will be the one place you manage your investment properties and communicate with your Property Panel. Thatâs your group of professionals who help you run your portfolio.
We think this will make it faster and simpler to run your portfolio. This feature will be free for all Opes Partners clients.
Status: Not started. We plan for this to be live in mid-2025
This free app already has 2,560 people registered
Sign up for freeAfter we build most of the key features, we want to build and release an iPhone and Android app.
Some people have asked: âWhy donât you do that straight awayâ. After all, it seems like the obvious next step after launching the first version of Opes+.
The main reason is there are only so many features you can build at once.
So weâd rather build new features before pausing to create a mobile app.
If we build the features first, we can find out whatâs most useful to people. Then we can build the app.
Itâs also important to mention that Opes+ currently works on your phone too. You can already access it through your mobile web browser.
So we will build an app. Itâs just not ready yet.
Status: Not started. We plan for this to be live in late-2025.
Weâll also keep improving the core Opes+ app. This will happen while weâre building these other features.
We donât want the current app to stand still.
The good news is weâve already got over 100 pieces of feedback, bugs and ideas from the Opes community. Weâre working on these now.
Thereâs a lot of potential with Opes+. And to realise that potential we need your help.
Weâre building this for you â the everyday property investor.
So now you know what we plan to build, what do you think? Do you think weâve go the roadmap right? Or, what would you change?
Let me know down in the comments section. That way Iâll know what we should build first.
Managing Director, 20+ Years' Experience Investing In Property, Author & Host
Andrew Nicol, Managing Director at Opes Partners, is a seasoned financial adviser and property investment expert with 20+ years of experience. With 40 investment properties, he hosts the Property Academy Podcast, co-authored 'Wealth Plan' with Ed Mcknight, and has helped 1,894 Kiwis achieve financial security through property investment.