Latest Blog

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Four simple ideas to grow your wealth

By Cam McLellanBuilding wealth through property is no different to most things in life. It’s all about mindset – if you tell yourself you can...

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Retiring on $200,000 by investing for 10 years in the right properties.

By Cam McLellanEnjoy the life you are living and want to keep it up in retirement? It is very achievable to retire your household on $200,000 a ye...

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How can you maximise your tax return?

We all pay tax, but how do we make sure our tax return efforts benefit us in the long term? *This is a transcript from a conversation with Michael (B...

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Median house prices

By Cam McLellanOne of the most frequently reported metrics when it comes to the property market is the median house price. Unfortunately, it is al...

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Behind The Scenes With James McCoy – Senior Investment Consultant

CONTINUAL EDUCATION, MOTIVATION, AND ONGOING INSIGHT ARE CRUCIAL FOR ANY INVESTOR LOOKING TO BUILD A SUCCESSFUL PROPERTY PORTFOLIO. AS A SENIOR INVEST...

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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...

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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 a...

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House & Land Packages – What you need to know

Source: Your Investment Property MagazineHouse and land packages remain a firm favourite among many investors, including OpenCorp's Michael Bere...

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The deal of a lifetime – it may be outside your city – and more common than you think

Forget market hype. Smart property investment means looking much further afield than the convenience or desirability of the area you live in. by Cam ...

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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 bes...

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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 securi...

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Investing without emotion

Source: Your Investment Property Magazine One of Australia’s most experienced property investors says it’s surprisingly easy to let sentiment sta...

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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 Austral...

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Exit Strategy: Begin with a Property Investment End in Mind

Begin with a Property Investment End in Mind By Cam McLellanYou should always begin with the end in mind, because once your property investment j...

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How much money is enough?

How Much Money is Enough? My Growth Property Story By Cam McLellanHow much money is enough? That’s the first question I asked myself when I wan...

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Emotionally Invested Property Investors: Bad Idea

By Cam McLellanI 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 creativ...

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October Property Market Update

We give you an in-depth look at all the factors influencing the Australian property market with a 'State-of-the-States' analysis of what matters most....

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Land Value vs Building Value: What’s worth more?

By Cam McLellanPretty buildings are all well and good, but it’s even better to notice the ground you’re standing on. That’s what you’re re...

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Beware the Perils of Credit Cards

Credit Cards: Beware the Evil Financial Instrument Walking Among Us! By Cam McLellanA little while ago I went on a rant against sharks in the pro...

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The Big 3 Types of Investment Property

By Cam McLellanThere are three main types of property that people look to invest in: vacant land, commercial or industrial property, and residenti...

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Tapping Into Property Equity

Source: Your Investment Property MagazineAccessing property equity is not just important, it’s absolutely essential if you wish to grow your por...

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How to Build a Property Portfolio Quickly by Duplicating

By Cam McLellanThe key to building a strong property portfolio quickly is to identify when your usable equity has increased. Banks will convert th...

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To Buy or Rent: Are Holiday Homes Good Property Investments?

By Cam McLellanFor many people out there, holiday season means packing the car to the brim and setting off for your favourite holiday home.An...

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Contracts: think before you ‘just sign here’

Get It in Writing: How to Read a Contract for Property Investments By Cam McLellanIn property investing and business, it’s always important to ...

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How You Too Can Create Financial Freedom with Property Investment

Financial freedom is a goal for many Australians. It takes a lot of hard work and long hours to get to the point where you are free to start investing...

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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!). ...

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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...

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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 ri...

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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...

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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 portfo...

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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 putt...

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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 re...

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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. Bu...

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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...

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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 big...

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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 ...

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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 payi...

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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 h...

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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...

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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 ca...

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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...

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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...

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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 tha...

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6 Ways to Invest in Property with Little Money

It can sometimes feel like an impossible task to crack into the property market. Between finding the perfect house at the right price and providing th...

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5 Reasons to Invest in the Right Property Manager

While a rental property can be financially rewarding, it also comes with a large number of challenges. Owning a rental property as an investment deman...

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The best property investing tips you’ll ever receive

A mate and I were on a bike ride recently when he asked me, “What’s the best way to get rich?”I’ve thought about it and broken it down to fo...

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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 t...

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

By Cam McLellanI've been asked a number of times whether it is worthwhile investing in property if you’re getting to the later stages of your work...

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Facebook Property Greatness Games – Winners announced for $100!

Monday 15th - Friday 19th August — Monday – Wayne Daniel — Tuesday – Jacqui Gregorio-Tiongco — WEDNESDAY – David Fong — THURSDAY...

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Starting Out – Building Your Investment Portfolio

By Al LewisonWhen catching up with an old work buddy Mark, who I hadn't seen in a while, it got me thinking about the sacrifices I had to make in th...

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$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 Rober...

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Getting the Most Out of Your Tax

By Michael BeresfordA lot of property investors ask us about the best way to maximise their tax benefits. In terms of what you can claim, the best p...

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Selling Your Place of Residence Rather than Renting It Out

By Cam McLellanA while ago Al and I did a WOD about me selling my primary place of residence. Since then I’ve been knocked around by about 30 emai...

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Considerations When Choosing Between Similar Properties

By Cam McLellanI was recently sent a very specific question via our Facebook page and thought it would be a perfect topic to blog on this week. The ...

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Tall Poppy Syndrome

By Cam McLellan Today I’m going to write about Tall Poppy Syndrome – in Australia we have a tendency when someone stands out from the cro...

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How I lived with kissing butt as an employee by understanding money flow

By Cam McLellanMy business partner Al Lewison and I came up with our Property Wealth Workout of the Day video series after being asked what the most...

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A Self-Employed Finance Strategy

By Michael BeresfordHave 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 ca...

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Pitfalls of the recreational developer

By Matthew LewisonAs with many in the industry, I started my life in property buying investment properties and then moved into small developments wh...

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Property Investing: Taking the First Step

By Al LewisonHave you ever heard of the butterfly effect? I’m not talking about that excellent movie featuring Ashton Kutcher, but a scientific pa...

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How Long Will Property Prices Keep Rising?

By Cam McLellanOne of the most common questions we are asked is: “How can property prices possibly continue to rise at the rate they have?”Tod...

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The Number One Reason Most Australians Aren’t Wealthy

By Cam McLellanI believe there is one reason why the majority of Australians are not financially wealthy and never will be. I want to share a rule w...

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The reality of risk versus return

By Matthew LewisonIn a previous article I talked about the need to become an expert at identifying and mitigating risk. I’d now like to take this ...

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How Much Should You Spend on Rent?

By Cam McLellanToday’s post is for all of those who have decided to forego buying their own home for now and continue renting, whilst building a s...

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Buying Property at Auction

By Allister Lewison,The Karate Kid was pretty big in the eighties. Today, I want to talk about auctions and I’m going to relate it back to our old...

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How to manage risk

By Matthew LewisonIf most people and businesses get the big things right most of the time it’s the ability to get the small things right consisten...

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Six Signs of a Healthy Market

By Cam McLellanLet’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 m...

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How to let go

By Matthew LewisonThere’s a saying in property circles: “We build them to sell, not to love”.After a year or two of blood, sweat and tears, ...

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How to determine if your property investment is underperforming

By Cam McLellanIt’s the New Year and if you’re already an investor, it’s probably time to take a step back and reassess your investments. Whil...

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How to find the right consultant

By Matthew LewisonWhen my business partners and I first discussed forming OpenCorp, I was working in the role of general manager (Qld) for a large p...

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Consolidating Your Debt when Investing in Property

By Cam McLellanIn order to mitigate risk, it is smart to avoid cross-collateralising or securing numerous properties with the same bank, particularl...

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What kind of property should I invest in?

By Cam McLellanAs 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 invest...

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Assessing development viability

By Matthew LewisonMany investors starting out on their journey look at potential returns on an “absolute value” basis. This means they consider ...

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Property Buyer Types and How They Influence the Market

By Al LewisonAs property developers Cam and I have been very focused on keeping in touch with the driving force in the market at any given time. So,...

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Why you need to learn to let go

By Matthew LewisonThere’s a saying in property circles: “We build them to sell, not to love”.After a year or two of blood, sweat and tears, ...

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Is property insurance important?

By Cam McLellanProperty insurance is vitally important but is something people rarely think about. It protects and mitigates risk for you and should...

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Finding the Investment Property Deal of a Lifetime – Every Day of the Week

By Cam McLellanAt OpenCorp. we use a process known as MAP to find the perfect investment property. The MAP process is all about eliminating market...

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To trust or not to trust

By Cam McLellanThere are several types of trust. For a property portfolio, a standard discretionary family trust is suitable. A trust is an arrang...

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Buying Your Own Home – Real Estate Tactics Explained

By Cam McLellanToday 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 residenc...

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The Top Things You Should Know as a Property Investor

By Cam McLellanI 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 ...

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Investing in a State Other Than Your Own

By Cam McLellanToday I want to talk about investing in multiple capital cities and how to be comfortable and secure buying an investment property in...

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Setting up Your Property Team: Choosing a Broker

By Cam McLellanAs a property investor your professional team is vitally important to your success. I've previously written about how to choose your ...

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Building Your Portfolio – Why it’s Important to Hold Property

By Al LewisonCam and I are often telling people to buy property now because in ten years’ time it’s going to double in value and you’re going ...

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Setting up Your Property Team: Choosing a Conveyancer

By Cam McLellanWe’ve spoken about accountants, conveyancers and brokers forming part of your team and today I want to follow up and give you a run...

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Real estate agents’ tricks now open for inspection!

By Cam McLellanReal estate agents are notorious for talking up their properties in order make a sale, but don't be fooled,make sure you understand t...

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What to look for in a property manager

By Cam McLellanA 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...

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What’s your time worth?

By Cam McLellanProperty investing takes a lot of time and to be frank without good time management you will never be able to build a portfolio.Fro...

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Tax implications of selling

By Pat MannixIn recent months I’ve had a number of conversations with clients who are building new residential properties, a couple intending to k...

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Dealing with setbacks when building your portfolio

By Cam McLellanI was recently asked what the difference is between myself and those who are still great with general life but don't ever acquire fin...

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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 resi...

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9 Steps to Gearing Property Through Super

By ALYSHA VAN DREUMEL & PAT MANNIXWhen the government allowed property gearing through superannuation in 2007 it didn’t explain the steps invo...

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What comes first – the chicken or the egg?

By Cam McLellanWhen it comes to property investing what comes first the chicken (your borrowing capacity) or the egg (the property). Most people wou...

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Starting Over

By Cam McLellanMy business partner Al Lewison and myself have been investing for a while now and one of the questions we get asked regularly is, if ...

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Paying off the family home sooner

By Cam McLellanMany 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, ...

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The Lightbulb Moment

By Cam McLellanWe’ve previously talked about money flow, so today let’s talk about the different types of income, which are:Earned Trading ...

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The income types explained

By Cam McLellanWe’ve previously talked about money flow, so today let’s talk about the three different main income types, which are:Earned T...

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New challenges

By Cam McLellanWhat 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 min...

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How to retire on $200,000 by investing for 10 years in the right properties.

By Cam McLellanEnjoy the life you are living and want to keep it up in retirement? It is very achievable to retire your household on $200,000 a year...

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Assets & liabilities: take the good, ditch the bad

By Cam McLellanThe number one reason that 99% of the Australian population are not wealthy, is because they don’t understand assets and liabilitie...

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Renovating for profit – why I don’t do it

By Cam McLellanLots of people ask me about renovating and why I don’t renovate.  This is the smallest development type, but just because it’s t...

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The Lilyroo Ride

By Michael BeresfordThe Lilyroo ride was an amazing experience. Very tough, and tiring, but the reception we received at The Women’s Hospital and ...

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Using your time wisely

By Cam McLellanMany 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, ...

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Money fears

By Cam McLellanLet’s talk about fear and money. You might hear people say money is ‘evil’. But anyone who says that doesn’t have any! When y...

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Kick to kick

By Cam McLellanWhen investing, or looking to invest, find someone to play kick to kick. Investing is fun, but it’s even more fun when you share yo...

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Systems & overview or disorder & chaos

By Cam McLellanThis is how I saw property investing when I began, and this is how most people still see investing. That’s because they have neithe...

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Inside the property industry: why you should ignore the hype

By Cam McLellanIf you choose wisely, you can expect your property value to increase at around 8% a year, so property investment is a pretty safe bet...

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Financial freedom

By Cam McLellanEven 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-end...

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Which comes first. A home or investment?

By Cam McLellanLet’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....

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Selling: A Game of Snakes and Ladders

By Cam McLellanSelling an investment property is like a game of snakes and ladders. You climb and climb towards financial freedom, but when you sell...

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Getting started: Ready.Set.Go!

By Cam McLellanThe first deposit is the most difficult to save. Once you’ve started building your portfolio, your appreciating assets will help yo...

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Self-Managed Super Funds 101

By Cam McLellanSuperannuation is real money!A few years ago Felicity and I were so disillusioned with institutional superannuation funds that I we...

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How do you measure success?

By Cam McLellanLet’s discuss success. I want to be very clear here. In business, the prime measure of success is money. But what do you really wha...

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Understanding lazy equity

Posted by Cam McLellanOne of the most common mistakes that you can make when trying to grow your investment property portfolio is to be sitting on ...

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

By Cam McLellanWhile the growth in the projected pool of superannuation savings is impressive, it belies the harsh reality facing those not far off ...

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Understanding assets and liabilities

By Cam McLellanAn asset is something that makes things better.A liability is something that makes things worse.In the investment world, an asset...

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Take a look inside our banks

By Cam McLellanWho should you be dealing with? It’s time to finally understand each of the bank's internal departments.The bank’s attitude tow...

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When is it the right time to buy?

By Cam McLellanTo truly understand how and when to choose quality investments, it's important to understand what drives property values. Let's discu...

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Why one million dollars in your superfund won’t be enough for retirement

By Cam McLellanWhile the growth in the projected pool of superannuation savings is impressive, it belies the harsh reality facing those not far off ...

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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.comWe don't think so. Great ...

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The 10 biggest mistakes made by property investors!

By Cam McLellanIn a rapid fire interview with Matt Lewison former Qld GM of Peet Limited and Co-Founder of OpenCorp discloses the 10 biggest mistake...

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The Golden Rule of Investing

By Cam McLellan and Al LewisonToday we’re going to talk about the Golden Rule of Investing. This was a rule I learned when I was a young teenager,...

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Understanding property contracts

By Cam McLellanThe main thing to remember about signing contracts is that whilst a lot of contracts may seem the same, contracts are different if yo...

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Jimmy smoked two investment properties a month – part 1

By Al Lewison and Cam McLellanWe met up with a mate of ours, for the sake of this article let’s call him Jimmy. A while ago he wanted us to sit do...

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Navigating the property expo mine field

By Al Lewison and Cam McLellanToday we wanted to give you an insight into how we used to feel about attending property investment expos and how we...

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Glamping

By Cam McLellanI'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 ...

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How the tall poppies in the property world operate

By Cam McLellan and Al LewisonToday we're going to talk about Tall Poppy Syndrome – in Australia we have a tendency when someone stands out from t...

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Is commercial property right for you?

By Al Lewison and Cam McLellanWe purchased a block of land a few years ago, worked through the planning process, constructed a large commercial buil...

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Assessing risk vs return

By Cam McLellan and Al LewisonLet’s talk today about risk versus return and how Al and I assess it. When I look at risk, risk comes down to one th...

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Our financial literacy workshops kick off

By Cam McLellanAl my business partner and I were recently out at one of the secondary schools talking to the students about the basics of investing ...

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What do Prince Fredrick, Gay Rights, Secret Service Police, Jealous Lovers and the MCG have to do with property?

By Al LewisonWell, let me tell you about the week I've just had!While the Open team was working hard, I had a rare offer from one of our clients (...

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Social media is the reason you won’t succeed as a property investor

By Cam McLellanFirst thing (I should mention) is that I am now an adopter of modern technology. In fact it’s well known that I love sharing lots o...

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Identifying usable equity

By Cam McLellanThe key to building a strong portfolio is identifying when your usable equity has increased. Banks will convert this usable equity in...

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Change is on the way

By Matt LewisonI 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...

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The Yanks v The Aussies

By Cam McLellanI want to discuss the difference between the US market and the Australian market. This article "Yanks v Aussies" was written by my bu...

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Property Types – The Big Three

By Cam McLellanFor anyone looking to build wealth I strongly recommended residential property to be the basis of an initial portfolio. A residential...

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What do these superannuation changes for the rich really mean?

By Cam McLellanSo you think that the new changes to superannuation for the 16,000 high rollers doesn't matter.Think again.The new tax on large ...

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