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About Michael Beresford

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So far Michael Beresford has created 17 blog entries.

Why property investment remains as safe as houses

Over the past few decades, there has been a proliferation of property “experts” around, all competing to have the final word on where markets are headed. It seems that with the increase of property data available online, property commentators started to sprout like market guru mushrooms across the land. However, there has been one analyst [...]

Why the stamp duty changes could light a rocket under Australia

Property Markets are Heating Up Fast, Thanks in Part to New Stamp Duty Changes    Each month, before we release our latest OpenCorp Market View report, our directors meet to discuss risks and opportunities in Australia’s property markets.  I present our initial draft report and analysis, which we then debate, before merging the “cold hard [...]

Setting high goals means even failure brings rewards

Committing to a plan to achieve your financial targets is the first step to realising those goals, writes OpenCorp’s Michael Beresford Setting goals for ourselves is the best way of getting to where we want to be – so why doesn’t everyone do it? I’d say it’s a fear of failure. By saying out loud [...]

By |2020-12-16T14:44:56+11:00December 16th, 2020|Written Articles|0 Comments

Why the numbers add up for ‘rentvestors’

Rent where you want to live and free up cashflow to create future growth, says Michael Beresford It’s the classic property catch 22. You want to get into the property market, but where you want to live and what you can afford are (literally) miles apart. Do you compromise and buy somewhere 10 stops further [...]

By |2020-12-15T17:54:27+11:00December 10th, 2020|Finance, Written Articles|0 Comments

Play it cool – why emotions can ruin wise property investing

Emotion can ruin sound investment decisions, says Michael Beresford of OpenCorp Emotions can get complicated. Being ‘in touch with your emotions’ is seen as a good thing. If a politician gets emotional, we warm to them – they’re human, just like us. In some sports, controlled emotion can be channelled into success. So, it’s good [...]

By |2020-11-25T12:58:14+11:00November 25th, 2020|Written Articles|0 Comments

When it comes to investing in property, the winning formula is often the simplest one

Treat your investment property as a business and you’ll reap the benefits, says Michael Beresford of OpenCorp Everyone who ventures into property investment is looking for a foolproof recipe for success – so allow me to extend the cooking metaphor. Let’s use the analogy of MasterChef. These talented amateurs get an extensive recipe to cook something amazing. [...]

By |2020-10-23T16:54:26+11:00October 23rd, 2020|Finance, Written Articles|0 Comments

Investing in property wisely – why 200 hours is the magic number

An investment property can be the route to financial security – but without sound advice it can become a burden, writes Michael Beresford of OpenCorp   Here’s the bad news: there is seldom a quick fix to owning an investment property. We’ve all got a ‘friend of a friend’ who bought on a whim and [...]

By |2020-10-07T11:13:16+11:00September 25th, 2020|Property selection fundamentals|0 Comments