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Laramccormick.co.nz I help people turn lump sums into smart property-backed investments - without becoming a landlord.

I honestly thought I'd struck gold. And in a way, I had. 🏡A few years ago, I found myself feeling trapped in a business ...
15/10/2026

I honestly thought I'd struck gold. And in a way, I had. 🏡

A few years ago, I found myself feeling trapped in a business I'd worked incredibly hard to build.

We had a successful trades business, thousands of customers and a team of guys out doing the work.

But there was something about the business model that was driving me nuts.

If the guys didn't turn up for work, the jobs didn't get done, our customers weren't served and they were left disappointed.

And of course, we didn't make money either.

The more I thought about it, the more I realised I'd built a business that was heavily dependent on other people's hours.

I knew something had to change.

So I went back to the schoolbooks.

I started studying different business models, particularly those that used the internet to generate income without being completely dependent on labour.

I became fascinated with leverage.

How could I use capital, technology and systems to build something that didn't require me to keep adding more people and more hours to grow?

Through a mentor in the USA, who was a marketer like me and exploring ways to make money online, I discovered something called Rental Arbitrage.

Essentially, you lease a property, with the owner's permission and operate it as short-stay accommodation.

You don't have to own the property.

You create the accommodation business around it.

Well, you can imagine what happened in my head!

PROPERTY + MARKETING + HOSPITALITY.

Three things I absolutely loved.

It felt like I'd hit the jackpot.

Property was already in my blood. I'd spent time buying, renovating and finding ways to make properties work.

Marketing? I'd built businesses around it.

And hospitality? I loved the idea of creating beautiful spaces and experiences that people would happily pay for.

Suddenly, everything I'd learned over the years seemed to fit together.

The more I studied, the more excited I became.

There was just one small problem.

I didn't know anyone locally who was doing it.

No one I could ring up and ask how it worked in New Zealand.

No local blueprint to follow.

And plenty of reasons why it might not work.

But I couldn't shake the idea.

So I made a decision.

I was going all in.

In February 2024, I secured my first apartment at 2/391 Victoria Street in Hamilton.

I called it the Remarkable.

My firstborn in the short-stay world. ❤️

It was a two-bedroom apartment that had rents for $575 per week.

That's $29,900 a year.

Before committing, I'd researched the market using AirDNA, which estimated the apartment could generate around $55,900 annually as short-stay accommodation, based on 66% occupancy.

Interesting numbers. But forecasts are one thing. Actually making it happen is another.

We upgraded the furnishings and appliances, thought carefully about how the apartment would be presented, created the Airbnb listings and got to work.

And here's where my marketing brain really kicked in.

Rather than offering the apartment in just one configuration, I created two different products.

The Remarkable is the full two-bedroom apartment. And the Aspiring is a one-bedroom option for guests who didn't need the extra space.

Same property. Different guests. Different ways to market it.

And it worked.

The first six months delivered approximately 89% occupancy, and the annualised accommodation revenue reached approximately $64,850.

More than double the property's previous annual long-term rental revenue.

Now that's revenue, not profit. There are furnishing costs, rent, cleaning, utilities, platform fees, maintenance and all the other expenses of operating an accommodation business.

But I'd proved something to myself.

I didn't have to own a property to create a business around it.

And I didn't have to keep doing things the way I'd always done them.

Was it easy? Absolutely not.

There were systems to learn, guests to look after, cleaners to coordinate, pricing decisions, mistakes, surprises and more than a few late nights!

But I was learning something completely different.

Instead of selling hours, I was building an accommodation product that could be discovered and booked online, even while I was asleep.

And that first apartment changed the direction of my business life.

What started as one experiment has grown into operating multiple short-stay properties, building a team, understanding the numbers behind accommodation businesses and exploring entirely different ways people can participate in property.

Which brings me to something I've been working on recently.

==> What if there isn't just ONE way to get involved in property?

==> What if the question isn't simply, "Can I afford to buy an investment property?"

But rather...

==> How much money, time and personal involvement do I actually want to bring?"

Because I've now developed 4 different pathways for people who want to explore working with me in the property and short-stay accommodation space.

Some involve capital. Some involve building a business. Some are hands-on. Others don't require you to operate accommodation at all.

Each has different responsibilities, risks and opportunities.

And that's what excites me most.

Looking back, I thought I'd discovered a new business model.

What I'd really discovered was a completely different way of looking at property.

And it all started because I was frustrated enough to question the business model I was already in.

I'm curious...

Have you ever reached a point where you knew something had to change, even though you had absolutely no idea what the next chapter would look like?

I’ve been hiding something in plain sight… 👀Day 2 of my retreat with Catherine Newton and something has finally clicked....
02/10/2026

I’ve been hiding something in plain sight… 👀

Day 2 of my retreat with Catherine Newton and something has finally clicked.

Knowing my experience with property and more recently short term rentals, building businesses, making money decisions, getting some very right, getting some wrong and learning to see opportunities differently.

For years, so much of that knowledge has lived in my head.

Now it’s becoming a method.

Yesterday I mapped out the framework for a new workshop.

And this morning I’ve developed what happens after the workshop and this is the part I’m REALLY excited about.

There isn’t one pathway.

There are four.

Different amounts of money.
Different amounts of time.
Different levels of involvement.

And suddenly I can see how everything I’ve done over the decade fits together.

I’m not revealing the four pathways just yet…

But I have a feeling when I do, quite a few people are going to look at them and think:

“That one. That’s me.” 👀

And that’s exactly what I’ve been trying to create.

I’m working on something today that I think has been hiding in plain sight for years.I’m at a two-day FOCUS Retreat, pul...
01/10/2026

I’m working on something today that I think has been hiding in plain sight for years.

I’m at a two-day FOCUS Retreat, pulling apart what I know, how I think and the experience I’ve built over the years in property and short-stay rentals and turning it into my own Signature Method.

At the heart of it is something I keep seeing: people are interested in property, but the traditional “buy a rental and become a landlord” model isn’t necessarily what they want anymore.

What if there were other ways to participate in property - with different amounts of money, time and involvement?

That’s the thinking I’m turning into a framework.

Something is definitely taking shape and the last few years deep in the world of short-stay rentals, it feels like a lot of dots are finally connecting.

More on that soon. 👀

Reputation is built long before you need it.Cherie’s reflections after more than 40 conversations across my network mean...
24/09/2026

Reputation is built long before you need it.

Cherie’s reflections after more than 40 conversations across my network meant a lot.

Relationships, integrity and doing what you say you’ll do. That’s what I’m taking with me into Vezstar.

I’ve been working alongside Lara McCormick for the past 2–3 years and would like to share my experience of a woman I respect and admire.

I’ve been calling people Lara has crossed paths with over the last 1–20 years. More than 40 conversations so far.

And I’ve noticed three things.

1.⁠ ⁠Integrity matters to Lara. A lot.

As it does with me. My mother taught me that when you go to your grave, one of the few things you truly own is your personal integrity. I’ve always carried that with me.

Recently I offered Lara referrals to people I knew may be interested in what she was doing, but where I had a negative experience with and have chosen not to continue interacting with them.

She immediately replied, “No. I wouldn’t want you to compromise your personal ethics in any way.”

That response speaks volumes to me

2.⁠ ⁠More than 40 calls. Not one negative initial reaction.

Not everyone I speak to is interested in what Lara is doing. Of course they aren't.

Some couldn't even remember initially how they knew her!

But once the connection was made, nobody said, “I don't want anything to do with Lara.”

Quite the opposite. People are open to a conversation.

That says something about the relationships you leave behind you.

3.⁠ ⁠She has an extraordinary ability to keep moving forward with positivity.

Things go wrong. Plans change. People disappoint you.

Lara's response tends to be:

We'll work it out.

She doesn't spend any time criticising people or dwelling on what hasn't happened. If something isn't the right environment, she moves forward and looks for the solution.

Right now, Lara is a woman on a mission with her business and to help others.

She's building Vezstar around a vision that's bigger than one person. It's about what can happen when people, property and capital come together around a common purpose.

And after hearing what more than 40 people who've known her over the years have to say, I'm very proud to be playing my part in her vision and the Vezstar team.

What if your next property move didn’t involve buying another property yourself?That’s the idea behind Vezstar and we’re...
21/09/2026

What if your next property move didn’t involve buying another property yourself?

That’s the idea behind Vezstar and we’re getting very close to launch.

One of the best parts so far has been meeting people from all over New Zealand who are curious about what we’re building and asking some very good questions.

Vezstar brings people together to participate in residential property, without having to buy and manage another rental themselves.

Our focus is simple: acquire well-located residential properties and professionally operate them as high-quality short-stay accommodation.

The offer is coming soon.

If property is part of your long-term thinking and you’d like to understand Vezstar before it goes live, now is a great time to have a conversation.

Come with your questions. Learn how it works. Then decide for yourself whether it deserves a closer look.

Want an early look at Vezstar? Send me a DM.

A more normal property market is exactly why Vezstar interests me right now.We’re not relying on another property boom t...
20/09/2026

A more normal property market is exactly why Vezstar interests me right now.

We’re not relying on another property boom to make the strategy work.

We’re focused on buying well, then operating residential property as professionally managed short-stay accommodation.

That means asking:
• What are we buying?
• What are we paying?
• What can the property produce?
• And how well can we operate it?

OneRoof’s latest update shows housing affordability measures moving back towards long-term norms after several difficult years.

For Vezstar, that puts the focus back where it belongs: the property, the price and the operation.

That’s very much how we’re thinking at Vezstar.

Different thinking for a different property market.

What stood out to you?

Report finds the cost of buying and renting has returned to long-term norms.

Today my eldest daughter turns 21.It’s one of those moments that makes you think about time, what you’ve built and what ...
01/09/2026

Today my eldest daughter turns 21.

It’s one of those moments that makes you think about time, what you’ve built and what you want the next chapter to stand for.

For the last three years, Airbnb was something I did largely for myself and my family.

Vezstar is different.

It’s about bringing a collective of people together who understand property, know me and my track record, and want to explore another way of putting their capital to work.

This September, I’m opening $875,000 of Vezstar’s offer for the final two weeks of the month. We’re particularly looking for cornerstone participants who know, like and trust me and want to understand what we’re building.

I believe the combination of today’s property buying environment and professionally operated short-stay accommodation creates an interesting opportunity worth examining.

So if you have money sitting in a term deposit or capital from a business sale, property sale, settlement or inheritance, start with one question:

What do I actually want from my next financial decision?

Income? Growth? Property exposure? Less hands-on involvement?

Write your criteria down. Then evaluate the options against that list.

That’s exactly how I’d like you to look at Vezstar.

If you’re curious about what I’ve been building and why, start with watching my documentary.

https://www.facebook.com/share/v/17xwR5Lj5v/

Let me know what you think.

For years, when we travelled, the choice was fairly predictable.Hotel or motel.But quietly, something has changed in New...
19/08/2026

For years, when we travelled, the choice was fairly predictable.
Hotel or motel.

But quietly, something has changed in New Zealand’s accommodation market.

Recent MBIE research shows just how significant online rental accommodation has become alongside traditional hotels and motels.

And I think there’s a bigger property story sitting behind those numbers.

Because when a residential apartment or house moves into short-stay accommodation, it stops behaving like a conventional rental.

Occupancy matters. Nightly pricing matters. Guest experience matters. Reviews, cleaning, maintenance and day-to-day management all matter.

In other words, the property is only one part of the equation.

The operation around it becomes equally important.

We’ve taken a closer look at what the data is telling us, why travellers are choosing residential accommodation, and what this shift could mean for the way we think about residential property.

Read the full article on the Aspire Pro website.
https://www.aspirepro.co.nz/.../the-way-new-zealanders...

The Way New Zealanders Stay is Changing

What stood out to you?

What happens after a property is acquired?That’s when the real work begins.A property on its own doesn’t create a succes...
16/08/2026

What happens after a property is acquired?

That’s when the real work begins.

A property on its own doesn’t create a successful short-stay accommodation business. How it is operated matters.

Today’s behind-the-scenes work is an occupancy and operational performance review for Unit 21. We’re looking month by month at occupancy, the number of guest check-ins and average length of stay, so we can see how the property is actually performing and where operational decisions may need to be made.

This is the part of the business people don’t always see.

Behind every property are ongoing decisions about pricing, occupancy, guest experience, maintenance and costs.

Some decisions are small. Others have a much bigger impact. But they all require attention.

That’s why we don’t think of Vezstar as simply acquiring residential property.

We’re building an operating business around those properties, with people, systems and processes responsible for what happens after the keys change hands.

Acquiring the property is the beginning.

Operating it well, day after day, is where the work really happens.

Follow to see more of how the business operates.

The biggest myth in residential property?That to benefit from property, you have to become a landlord.Buy another proper...
09/08/2026

The biggest myth in residential property?

That to benefit from property, you have to become a landlord.

Buy another property. Find tenants. Manage maintenance. Deal with compliance. Keep an eye on the numbers. Carry the responsibility.

That is one way to participate in residential property.

But it isn’t the only way.

Property can play different roles in your financial future, and there are different structures that determine how much capital, time and involvement you bring to it.

For some people, direct ownership and hands-on management makes perfect sense.

For others, particularly those who have already built businesses, careers and property portfolios, the question becomes:

Do I actually want another property to manage, or do I simply want property to be part of my long-term strategy?

That distinction matters.

At Vezstar, we believe it’s worth understanding the alternatives before deciding which approach is right for you.

What role would you like property to play in your future?

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Hamilton

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