Blog

Median house prices

By Cam McLellan One of the most frequently reported metrics when it comes to the property market is the median house price. Unfortunately, it is also one of the most misunderstood statistics as well. It is a valuable exercise to describe what it is and how it is calculated as well as articulating when it…

PODCAST – Are property values really about to crash?

Source: Your Investment Property Magazine with Real Estate Talk Michael Beresford chats with Kevin Turner from Real Estate Talk to provide a detailed analysis on the question many media outlets fail to answer…are property values about to crash? https://www.opencorp.com.au/wp-content/uploads/2018/03/Interview-with-Michael-Beresford-Open-Corp.mp3   In this candid interview, Michael shares his latest market update to help investors make sense…

Equity – What is it? How can you use it?

The concept of equity is very often misunderstood. To be a successful investor, it’s important to break it down and understand exactly what it means and then how you can harness it to build a successful property portfolio. We asked Michael Beresford to give an explanation of all things equity… So Michael, what is equity?…

House & Land Packages – What you need to know

Source: Your Investment Property Magazine House and land packages remain a firm favourite among many investors, including OpenCorp’s Michael Beresford, who has helped thousands of Australians build sustainable wealth by investing in these packages. “The reason house and land packages are a good opportunity for investors, and the reason I invest in them myself, is…

Behind The Scenes with Natalie Ravaneschi – Relationship Manager

As a Relationship Manager, Natalie get’s to see how much property investment changes everyday lives. She shares why she thinks she has ‘One of the best jobs in the business’… Nat, what do you do at OpenCorp? I’m a Relationship Manager at OpenCorp. Which is essentially the one point of contact for clients as they…

Why the Pension isn’t a Retirement Plan

Don’t count on the pension. Plan to retire financially fit. Learn why property investment is the smart way to set up your long term financial security. Australia is a “greying” population. Healthier than ever, we’re living well into our 80s — and beyond. This means we’re working for longer, sure, but it also means we’re…

Investing without emotion

Source: Your Investment Property Magazine One of Australia’s most experienced property investors says it’s surprisingly easy to let sentiment stand in the way of success. Here, he offers his advice on overcoming emotional barriers and achieving greater personal wealth. Nicola Middlemiss reports Most people considering investing in property would claim they’re driven by solid reason,…

How Do You Stay Confident When The Media is Boom Or Bust?

Here’s how to make a confident property investment in the wake of media gloom and doom. News headlines consistently paint the picture of an Australian property market in extremes; Housing bubble’s, property bust’s, renting for life… not a week passes when we don’t read a property horror story. But let’s be clear: the media so…

How much money is enough?

How Much Money is Enough? My Growth Property Story By Cam McLellan How much money is enough? That’s the first question I asked myself when I wanted to start building wealth. It’s a tricky question. Some might say it’s an unanswerable one. But here’s how I went about trying to find the answer. It all…

Emotionally Invested Property Investors: Bad Idea

By Cam McLellan I was a heavy metal rock star in the 1980s, or at least that’s what I wanted to be back then. Like business, I find music creative. It’s my outlet. And while my band days are long gone and my hair is much shorter, I still play regularly. Nowadays my captive audience…

Beware the Perils of Credit Cards

Credit Cards: Beware the Evil Financial Instrument Walking Among Us! By Cam McLellan A little while ago I went on a rant against sharks in the property industry, those smooth-talking scammers who feed off humble, honest investors with expensive bogus seminars or dud properties. They will always remain one of my most hated types of…

The Big 3 Types of Investment Property

By Cam McLellan There are three main types of property that people look to invest in: vacant land, commercial or industrial property, and residential property. Each type of real estate investment has its pros and cons, but for anyone looking to build wealth, I strongly recommended you make residential property the basis of your initial…

Tapping Into Property Equity

Source: Your Investment Property Magazine Accessing property equity is not just important, it’s absolutely essential if you wish to grow your portfolio beyond more than one or two assets. Michael Beresford reveals how you can tap into your equity to fund further property purchases in an uncertain mortgage market. As property investors, equity is constantly…

How to Build a Property Portfolio Quickly by Duplicating

By Cam McLellan The key to building a strong property portfolio quickly is to identify when your usable equity has increased. Banks will convert this usable equity into cash, which you can then use for deposits on further investments. This is called duplication. How Duplication Works Duplication only works if you’re duplicating an effective investment…

Contracts: think before you ‘just sign here’

Get It in Writing: How to Read a Contract for Property Investments By Cam McLellan In property investing and business, it’s always important to ensure that everything you do, including any agreements you make, are written down. If you want to start building a property portfolio, you’re going to have to get used to contracts….

Sticking to Your Property Investing Strategy: Why We Use the Mirror Man

When you start out with your investments, you’ll probably develop an investment property strategy that you’ll stick to rigidly (we would hope!). But as you begin to build up your portfolio, there’s very little for you to do except watch your wealth grow. The longer you invest, the faster you accumulate wealth. You need to…

Risk versus Return: The Harsh Reality

The goal of all investors should be to achieve a premium return for a minimum risk. In a previous article, I talked about the need to become an expert at identifying and mitigating investment property risk. I’d now like to take this a step further and talk about the risk/return equation. A little while ago…

Simple Solutions for 6 Types of Property Investment Risk

Risk is something that all property investors face, particularly in the Australian property market. But we don’t want to explain to you that high risk equals high return, because that’s very far from what we believe about risk. Instead, here are the six most common risks investors face, and how they can be easily avoided…

Our Absolute Top Property Investment Tip

It’s all too easy to get caught up in your emotional decisions, even unwittingly, when you’re shopping for new property investments. Even making a personal judgement on a prospective property’s aesthetics can lead to an emotional investment rather than a smart one. We’ve seen it time and again, yet we can’t emphasise enough our top…

Is Using Superannuation to Buy Investment Property a Smart Idea?

While there are a number of ways to approach property investment, many people look at using their superannuation to buy property and grow their portfolio. Back in 2007, changes to superannuation legislation provided trustees of self-managed super funds (SMSFs) the opportunity to borrow for the purpose of property investment. The Limited Recourse Borrowing Arrangement now…

How to Start Investing in Real Estate for Families

We’ve all watched Sydney’s house prices rise over the past few years. If you’re new to the real estate investment game, you might have been putting off your financial goals for fear of not having the capital to enter the market. But your real estate investment goals could still be in reach. Which begs the…

Smart Investors Know How to Access Equity

Accessing your home equity, or leveraging your debt, is one of the most successful investment strategies you can use to buy multiple properties and reach your financial goals faster. But it can also put your investment portfolio at risk if you don’t have the right knowledge for your circumstances. So how can you use untapped…

How to Use Equity to Buy an Investment Property

Many people believe they need to pay off their home and then save up for another deposit before they even start looking into investment properties. But that’s not how property investors should operate. The best way to finance your next investment property is by leveraging your available equity, rather than using cash. What Is Equity?…

Six Investment Strategies to Grow Your Real Estate Portfolio

Stuck on property number one? Building a multi-property investment portfolio doesn’t need to take years of saving, waiting, planning and preparation. What it does require is a passion for property investing, a commitment to learning, and a personalised approach to reaching your financial goals. Thankfully, the first property is generally the hardest. With that hurdle…

11 of the Biggest Property Investment Mistakes You Could Make

We don’t expect you to know absolutely everything before you start to build your investment portfolio, but it’s a good idea to be aware of the biggest property investor mistakes you could make before diving in. Below, we’ve listed 11 of the biggest mistakes we’ve seen in the industry – along with some helpful tips…

How to Access Equity in Your Home

As a homeowner, not only is your property of the most value to you emotionally, it’s of the most value to you financially. In fact, you can use the value of your property to help boost your financial future, particularly by investing in a high growth property. If you’re thinking about building your investment property…

Using Property Investment to Pay Off Your Home in 10 years

You saved up for your deposit, got a home loan, and finally bought your first home. That honeymoon feeling only lasts so long; now you’re stuck paying off your mortgage. If the idea of having debt for the next thirty years is stressing you out, don’t worry; you’re not alone. Many people scrimp and save…

Real Estate Investment Strategies for Beginners

As a new property investor, it’s your priority to ensure that you don’t just buy an investment property. To ensure that your purchase delivers a high return on investment, it’s all a matter of using a strategy that works for your circumstances and boosts your bottom line. Here are five common investment strategies to consider…

The Six Key Signs of a Healthy Property Market

Understanding the signs of a healthy property market will help you make the right decisions for your investment portfolio. There are six key signs of a healthy property market. These six signs don’t always line up; sometimes the market can be moving when four of these factors are cranking up. You won’t need to pay…

Is There a Property Bubble in Australia

In March this year, former Liberal Party Leader John Hewson declared that data showed conclusive evidence of a property bubble. Once again, it’s caused a media storm of gloom and doom, declaring Australia’s housing market is at its peak and set to tumble. But we’ve got a different take on the matter. What Is a…

Getting Started in Property Development: Is It for You?

Property development is not the easiest investment for someone who is just starting out. But if done wisely, it can generate healthy profits. What Is Property Development? Property development refers to building, growing and maintaining small to medium-sized residential and commercial projects. Property development is an active investment strategy where an investor selects their chosen…

Investing in Real Estate: Do You Have a Business Plan?

Property investment is like any other business venture. You wouldn’t start a restaurant without a business plan, and you shouldn’t be investing in real estate without having a plan. Planning could be the difference between making a killing and permitting a disaster. Writing clear goals and a blueprint for success is the best way to…

Where to Invest in Property: City vs Country

Rising rental listings signal an ongoing softness across major markets, primarily in NSW and VIC. While this is great news for renters, where does that leave investors? It’s now more important than ever to know where to invest in property. The question is: which Australian location will be right for your investment goals? Inner City…

How to live off equity

At the end of the year as we get closer to Christmas, I always find people start thinking about how great it would be if they didn’t have to go back to work. This brings them to thinking about how much they will need for each year of retirement and how to go about accessing…

Should I bother investing in property if I’m over 50?

By Cam McLellan I’ve been asked a number of times whether it is worthwhile investing in property if you’re getting to the later stages of your working years. Older people are obviously going to be more affected if there is a major correction or a downturn in the market. Even with the downturns or stagnation…

Facebook Property Greatness Games – Winners announced for $100!

Monday 15th – Friday 19th August — Monday – Wayne Daniel — Tuesday – Jacqui Gregorio-Tiongco — WEDNESDAY – David Fong — THURSDAY – Lauren Payne — FRIDAY – Sam Lewis — DIDN’T WIN? Perhaps you need more training. Watch all our WODs (Workout Of The Day) Terms and Conditions

$100 Voucher Winners for the Facebook Property Greatness Games

Monday 8th – Friday 12th August — MONDAY – Benjamin Haeusler — TUESDAY– Luke Phillips — WEDNESDAY – Sam Lewis — THURSDAY – Craig Robert Payne — FRIDAY – Lily Chen — DIDN’T WIN? Perhaps you need more training. Watch all our WODs (Workout Of The Day) Terms and Conditions

Getting the Most Out of Your Tax

By Michael Beresford A lot of property investors ask us about the best way to maximise their tax benefits. In terms of what you can claim, the best person to talk to is your accountant but as a general rule, every expense associated with an investment property is tax deductable. This excludes stamp duty and…

A Self-Employed Finance Strategy

By Michael Beresford Have you heard the story of the two-tradies, sitting side by side in a bar having a chat over a good old Carlton Draught? One can be overheard saying to the other, “My accountant’s a genius. He managed to get my income down to only $20,000 a year, which meant that I…

Pitfalls of the recreational developer

By Matthew Lewison As with many in the industry, I started my life in property buying investment properties and then moved into small developments when I had sufficient equity. My development career started with a dual-occupancy strategy. My brother and I would buy an old property on a reasonable sized suburban lot (say 800-1000 square…

Property Investing: Taking the First Step

By Al Lewison Have you ever heard of the butterfly effect? I’m not talking about that excellent movie featuring Ashton Kutcher, but a scientific paper, written in 1967. The paper posed the question: Does the flap of a butterfly’s wing in Brazil, create a tornado in Texas? The idea being that a really small action…

How Long Will Property Prices Keep Rising?

By Cam McLellan One of the most common questions we are asked is: “How can property prices possibly continue to rise at the rate they have?” Today I’m going to talk about future forecasts for Australia’s property market. I often go back to an interesting conversation with my Mum a few years ago. Mum bought…

The reality of risk versus return

By Matthew Lewison In a previous article I talked about the need to become an expert at identifying and mitigating risk. I’d now like to take this a step further and talk about the risk/return equation. But before I start let me repeat a statement I made previously – the goal of all investors should…

How Much Should You Spend on Rent?

By Cam McLellan Today’s post is for all of those who have decided to forego buying their own home for now and continue renting, whilst building a strong portfolio. As I have discussed before, there are benefits to renting and investing. You can rent where you want to live and accumulate a portfolio of investment…

How to manage risk

By Matthew Lewison If most people and businesses get the big things right most of the time it’s the ability to get the small things right consistently that causes a business to go from good to great. Looking at that in the development space, and in particular with regard to risk management, I can say…

Six Signs of a Healthy Market

By Cam McLellan Let’s take a look at the six key signs of a healthy market. These six signs don’t always line up; sometimes the market can be moving when four of these factors are cranking up. You don’t have to look for every single one but these are the things I look out for….

How to let go

By Matthew Lewison There’s a saying in property circles: “We build them to sell, not to love”. After a year or two of blood, sweat and tears, it’s understandable that developers might walk into their just-built development and become sentimental about it. This was their baby – from the first day to the last. Unfortunately,…

How to find the right consultant

By Matthew Lewison When my business partners and I first discussed forming OpenCorp, I was working in the role of general manager (Qld) for a large publicly listed company. I was managing a team responsible for more than $1 billion worth of property developments and it was fair to say I had the best consultants,…

What kind of property should I invest in?

By Cam McLellan As the new year is upon us, and most of you are probably thinking, if you’re not already – 2016 is the year to kick start your investment plan. So what kind of property should you invest in, be they cash flow properties or growth properties. I’ve never bought into the old…

Assessing development viability

By Matthew Lewison Many investors starting out on their journey look at potential returns on an “absolute value” basis. This means they consider how much profit they will make, often assessing a project margin as a percentage of costs and they decide whether to invest or not. While this isn’t necessarily a bad thing, as…

Why you need to learn to let go

By Matthew Lewison There’s a saying in property circles: “We build them to sell, not to love”. After a year or two of blood, sweat and tears, it’s understandable that developers might walk into their just-built development and become sentimental about it. This was their baby – from the first day to the last. Unfortunately,…

Is property insurance important?

By Cam McLellan Property insurance is vitally important but is something people rarely think about. It protects and mitigates risk for you and should give you the reassurance to sleep well at night, yet people use a very high risk strategy to make sure they are covered. Usually you receive a reminder from the insurance…

To trust or not to trust

By Cam McLellan There are several types of trust. For a property portfolio, a standard discretionary family trust is suitable. A trust is an arrangement where property is held ‘in trust’ (by a trustee) for the benefit of others (the beneficiaries). There are two ways to hold property: in your own name or in a…

Buying Your Own Home – Real Estate Tactics Explained

By Cam McLellan Today I want to talk to you about negotiating like a pro. The fact of the matter is you will probably buy a primary place of residence three or four times during your life. Most people buy one every seven to 10 years. There are a few different ways you can buy,…

The Top Things You Should Know as a Property Investor

By Cam McLellan I often get asked, “What is the top thing you need to know as a property investor, what’s the number one rule?” There isn’t one rule. Al and I have rules for every area of property investing, whether it’s taxation law, identifying an investment, duplication, cross collateralisation, finance structure or picking a…

Investing in a State Other Than Your Own

By Cam McLellan Today I want to talk about investing in multiple capital cities and how to be comfortable and secure buying an investment property in a market other than where you live. Most people get serious about investing and their financial goals at around 30 and if you think about the worst case scenario,…

Setting up Your Property Team: Choosing a Broker

By Cam McLellan As a property investor your professional team is vitally important to your success. I’ve previously written about how to choose your conveyancer and today I’m going to look at brokers. Your broker can make you or break you. To give a real life example, I’m going to talk about a situation my…

Setting up Your Property Team: Choosing a Conveyancer

By Cam McLellan We’ve spoken about accountants, conveyancers and brokers forming part of your team and today I want to follow up and give you a run down about conveyancers. Al and I refer to the day I bought my first property as, ‘What’s a conveyancer? Day’. Picture this, I’m sitting in the agents office,…

Real estate agents’ tricks now open for inspection!

By Cam McLellan Real estate agents are notorious for talking up their properties in order make a sale, but don’t be fooled,make sure you understand the true meaning of their jargon. For example, “a cosy rural property” means “small and 20 minutes’ drive from the shops”. Here are some of the lines used by real…

What to look for in a property manager

By Cam McLellan A while ago my business partner Al Lewison, told me a story about a friend of his, and that his reason for not investing was a toilet seat. Sound strange? Absolutely, but when I got in to it, I realised that what Al’s friend was afraid of was not the actual toilet…

What’s your time worth?

By Cam McLellan Property investing takes a lot of time and to be frank without good time management you will never be able to build a portfolio. From most people I hear the same thing; “I want to be financially free, but I just don’t have enough time in the day to spend researching the…

Tax implications of selling

By Pat Mannix In recent months I’ve had a number of conversations with clients who are building new residential properties, a couple intending to keep the property and rent it out and some intending to sell for a profit. When I informed these clients of the potential tax implications of selling, they were quite surprised…

Dealing with setbacks when building your portfolio

By Cam McLellan I was recently asked what the difference is between myself and those who are still great with general life but don’t ever acquire financial freedom. After thinking about this for I while, I realized it’s because I find it mentally easy to absorb a setback. In fact I love a road block….

What to do if you have to sell

By Cam McLellan. Whilst we don’t advocate selling properties, there will probably come a time when you will want to sell your primary place of residence (PPR). When you do this you need to have a plan and a strategy to ensure you get the best outcome. So what things do you need to consider?…

9 Steps to Gearing Property Through Super

By ALYSHA VAN DREUMEL & PAT MANNIX When the government allowed property gearing through superannuation in 2007 it didn’t explain the steps involved or warn about the hazards that can be faced. GEARING investment properties through your self-managed superannuation fund (SMSF) offers brilliant tax savings and is a great retirement planning idea, but it can…

What comes first – the chicken or the egg?

By Cam McLellan When it comes to property investing what comes first the chicken (your borrowing capacity) or the egg (the property). Most people would say it’s the property, but today I’m going to tell you why the chicken should always come first. Last year a friend went and signed a contract for a house…

Starting Over

By Cam McLellan My business partner Al Lewison and myself have been investing for a while now and one of the questions we get asked regularly is, if we had to start again knowing what we know now, what would we do differently? The obvious answer to this is raise ten million dollars! But I…

Paying off the family home sooner

By Cam McLellan Many people feel the need to be debt free and their only financial goal is to pay off the family home. For those that feel this way, this post is for you. From time to time you will hear people toss around the saying ‘work smarter, not harder’. But the majority of…

The income types explained

By Cam McLellan We’ve previously talked about money flow, so today let’s talk about the three different main income types, which are: Earned Trading Passive So let’s have a look at these in a little more depth. Earned Income This one is pretty straight forward, its income you’ve earned working for someone aka wages. Also…

The Lightbulb Moment

By Cam McLellan We’ve previously talked about money flow, so today let’s talk about the different types of income, which are: Earned Trading Passive So let’s have a look at these in a little more depth. Earned Income This one is pretty straight forward, its income you’ve earned working for someone aka wages. Also included…

New challenges

By Cam McLellan What do you do once you have the choice to work or not? I love coming into the office. I’m close to 50 of the greatest property minds in Australia under one roof. The team in here has a varied skillset and I’m happy to say some are more experienced than myself….

The Lilyroo Ride

By Michael Beresford The Lilyroo ride was an amazing experience. Very tough, and tiring, but the reception we received at The Women’s Hospital and the Channel 7 exposure for our cause that night was worth every pedal stroke. While the peloton took the first day to get familiar with each others strengths and pacing it…

Using your time wisely

By Cam McLellan Many people feel the need to be debt free and their only financial goal is to pay off the family home. For those that feel this way, this post is for you. From time to time you will hear people toss around the saying ‘work smarter, not harder’. But the majority of…

Money fears

By Cam McLellan Let’s talk about fear and money. You might hear people say money is ‘evil’. But anyone who says that doesn’t have any! When you have money, you have the power to make the world a better place. The old saying ‘money can’t buy happiness’ should end with ‘it won’t make you sad…

Kick to kick

By Cam McLellan When investing, or looking to invest, find someone to play kick to kick. Investing is fun, but it’s even more fun when you share your passion for wealth building with someone else. Be it your wife, husband, brother or sister or even your dad, it’s priceless to have someone to motivate and…

Systems & overview or disorder & chaos

By Cam McLellan This is how I saw property investing when I began, and this is how most people still see investing. That’s because they have neither a systematic approach, nor the tools to navigate the investment maze. I wrote my book My Four-Year-Old the Property Investor to show people how to invest safely and…

Inside the property industry: why you should ignore the hype

By Cam McLellan If you choose wisely, you can expect your property value to increase at around 8% a year, so property investment is a pretty safe bet. Smart investors get rich slowly. Yet during a bull market, you’ll find seminars full of people lapping up advice from so-called ‘experts’. But when the market cools,…

Financial freedom

By Cam McLellan Even when I was a kid, it was my vision to retire at 40. For me, this was the definition of financial freedom. I pictured a never-ending round the world adventure holiday filled with extreme sports. I’m now 40 and have an entirely different view of financial freedom. My kids changed all…

Which comes first. A home or investment?

By Cam McLellan Let’s talk about your first property. You can have your own home with a white picket fence and a mortgage that feels like a prison. Or, you could rent (or stay living at home), live wherever you want and put your money into an investment property. If you concentrate on building a…

Selling: A Game of Snakes and Ladders

By Cam McLellan Selling an investment property is like a game of snakes and ladders. You climb and climb towards financial freedom, but when you sell it’s like landing on a snake. You slide down the snake and have to start all over again. The best advice is always to hold, hold, hold and hold….

Getting started: Ready.Set.Go!

By Cam McLellan The first deposit is the most difficult to save. Once you’ve started building your portfolio, your appreciating assets will help you fund future deposits and you’re off and running. My first house was a 10sq three-bed brick veneer in Bayswater, Victoria on a 900m2 block. Just imagine a brick box in the…

Self-Managed Super Funds 101

By Cam McLellan Superannuation is real money! A few years ago Felicity and I were so disillusioned with institutional superannuation funds that I went out and set up our own Self-Managed Super Fund (SMSF). I was sick of poor returns, fess, more fees, hidden fees and poor investment returns. I had no control or clarity…

How do you measure success?

By Cam McLellan Let’s discuss success. I want to be very clear here. In business, the prime measure of success is money. But what do you really what out of life? What is your vision? Now every smart investor knows that property investing is a business. To succeed as a property investor you need to…

Understanding lazy equity

Posted by Cam McLellan One of the most common mistakes that you can make when trying to grow your investment property portfolio is to be sitting on “lazy equity”. The problem arises because most people don’t understand what it means to have lazy equity and how they can avoid it. Lazy Equity is the term…

Why one million dollars won’t be enough to retire on

By Cam McLellan While the growth in the projected pool of superannuation savings is impressive, it belies the harsh reality facing those not far off retirement. Increasing life spans, the effect of the GFC on superannuation accounts and the fact that the superannuation guarantee started only in 1992 is leaving older workers underfunded. And most…

Take a look inside our banks

By Cam McLellan Who should you be dealing with? It’s time to finally understand each of the bank’s internal departments. The bank’s attitude towards you will change as your portfolio grows and your business becomes more valuable to them. This being the case it’s important that you understand your progression through the bank’s different departments….

21 Invaluable Investing Quotes

Why do the greatest investors have all the best lines? Is it just a coincidence? Repost from The Motley Fool www.fool.com We don’t think so. Great investing and great communication are very similar in that both require focus, and the ability to decide what’s important and what’s not. Hedge fund manager Mark Sellers has said…

The 10 biggest mistakes made by property investors!

By Cam McLellan In a rapid fire interview with Matt Lewison former Qld GM of Peet Limited and Co-Founder of OpenCorp discloses the 10 biggest mistakes made by property investors. Here they are, in no particular order…….. The 10 biggest mistakes made by property investors! • Buying a property close to home (so they can…

Understanding property contracts

By Cam McLellan The main thing to remember about signing contracts is that whilst a lot of contracts may seem the same, contracts are different if you’re buying house and land, if you’re buying land only, if you’re buying an apartment. They also vary depending on the state you are in, every developer and every…

The Golden Rule of Investing

By Cam McLellan and Al Lewison Today we’re going to talk about the Golden Rule of Investing. This was a rule I learned when I was a young teenager, reading my first property book which was by Jan Somers, who most of you will know. The one thing that I will always remember, and I…

Navigating the property expo mine field

By Al Lewison and Cam McLellan Today we wanted to give you an insight into how we used to feel about attending property investment expos and how we learned to navigate the minefield. Consider everyone in a booth as a sales organisation that are trying to get your business, the main things to try and…

Glamping

By Cam McLellan I’ve got a favour to ask you, but first let me explain why… I’ve created a new thing – Glamping. Last week during school holidays Felicity and I took the kids Glamping, which is similar to camping but instead of heading to the bush, you head to the city and instead of…

How the tall poppies in the property world operate

By Cam McLellan and Al Lewison Today we’re going to talk about Tall Poppy Syndrome – in Australia we have a tendency when someone stands out from the crowd, to want to go along in a group mentality and chop them off at the head, to bring them back to the level of everyone else….

Is commercial property right for you?

By Al Lewison and Cam McLellan We purchased a block of land a few years ago, worked through the planning process, constructed a large commercial building (we were lucky enough to find a government tenant take a 10 years lease). But what we wanted to talk to you about today was the pros and cons…

Assessing risk vs return

By Cam McLellan and Al Lewison Let’s talk today about risk versus return and how Al and I assess it. When I look at risk, risk comes down to one thing and that’s control or my understanding of how I can control a situation. By controlling the situation when investing, I’m able to deliver a…

Our financial literacy workshops kick off

By Cam McLellan Al my business partner and I were recently out at one of the secondary schools talking to the students about the basics of investing and property as an investment option. But I decided to start my property section a little different from usual and I think it really woke them up. I…

Identifying usable equity

By Cam McLellan The key to building a strong portfolio is identifying when your usable equity has increased. Banks will convert this usable equity into cash, which can be used for deposits on further investments. This is called duplication. “Why is it important to understand duplication?” Duplicating an effective investment system is the important thing….

Change is on the way

By Matt Lewison I started investing at the age of 18 while I was working part-time and by the age of 23 I was more than $1 million in debt, which was a little frightening at the time. The properties were cashflow neutral (or near enough to it) and it helped me to sleep at…

The Yanks v The Aussies

By Cam McLellan I want to discuss the difference between the US market and the Australian market. This article “Yanks v Aussies” was written by my business partner Matt Lewison back in 2009 following the GFC. I thought it relevant as I had one of our readers ask me recently if I thought our property market…

Property Types – The Big Three

By Cam McLellan For anyone looking to build wealth I strongly recommended residential property to be the basis of an initial portfolio. A residential portfolio not only offers the best market growth (over the recent decades), but it also provides the best rental stability. It is however, important to understand the other main types of…

What do these superannuation changes for the rich really mean?

By Cam McLellan So you think that the new changes to superannuation for the 16,000 high rollers doesn’t matter. Think again. The new tax on large super gains won’t have an effect on the vast majority of Australians. This is true, for now. My concern is that the government now may have the taste of blood. Like they…