Latest Getting Started

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Four simple ideas to grow your wealth

By Cam McLellan Building 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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Exit Strategy: Begin with a Property Investment End in Mind

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

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How To Teach Your Kids About Investing | Property WOD | Ep.256 |

Teaching your kids early on about the fundamentals of saving, delayed gratification and investments will give them the confidence to make smart invest...

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How many properties do I need to be financially secure – Property WOD

Is it three, six, nine, or more? In today's Property Wealth Workout of the Day, we take a look at how many properties you need to be financially secur...

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

By Cam McLellan Pretty 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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How to get comfortable investing in property – Property WOD |Ep. 253|

Investing in property should be as easy as purchasing a new pair of shoes, or doing the grocery shopping. Here's our tips on how to get comfortable in...

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Insight & Tips for Investing in Property

The team members here at OpenCorp have been in property investment a long time. Some might say we’ve been around the block a few times. And we’ve ...

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How the build planning process works – Property WOD |Ep. 239|

Have you ever wondered what is actually involved in the build process? In today's Property Wealth Workout of the day, Michael Beresford gives an insig...

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Starting Out – Building Your Investment Portfolio

By Al Lewison When 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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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 McLellan My 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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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 pa...

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The top four things you must remember as a property investor – Property WOD |Ep. 231|

There are four key things you must know and remember as a property investor. Watch this video to find out what they are, and remind yourself of these ...

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The Number One Reason Most Australians Aren’t Wealthy

By Cam McLellan I 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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Invest like a girl – Property WOD |Ep. 226|

What does it mean to invest like a girl? Check out one of the most powerful WOD videos to date. Make sure that after you have watched Cam's WOD, you ...

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Investing as a couple – Property WOD |Ep. 220|

Many of you have asked, when investing as a couple, is it best to put one or both of your names on the property? We take a look at your options in tod...

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How to calculate the return on compound growth– Property WOD |Ep. 219|

You keep hearing about the eighth wonder of the world - compound growth. What's so good about it and how do you calculate a return on compound growth?...

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Why investors should leave their emotions at the door – Property WOD |Ep. 218|

You know you should leave your emotions out of your investment property purchases, but what is the reasoning behind this? We take a look at why invest...

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What’s the difference between a home loan and an investment loan – Property WOD |Ep. 217|

You'd be forgiven for thinking a loan for your own home would be the same as a loan for an investment property, but there are a few key differences. I...

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What to to if your loan is rejected – Property WOD |Ep. 216|

It's one of the hurdles that property investors can face, but having your loan application rejected is certainly not a game-ender. Michael Beresford d...

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Pay off debt vs buy an investment property – Property WOD |Ep. 214|

So you've finished school, enjoyed yourself (and spent your savings), brought a house but are now looking at a large credit card debt. When you find y...

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

By Cam McLellan At 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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Common property investor mistakes – Property WOD |Ep. 213|

These two mistakes are some of the most commonly made by property investors. Make sure you don't get caught out by them!  ...

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Why procrastination is your worst enemy – Property WOD |Ep. 212|

There are many reasons some people will never invest, do you hold yourself back using one (or all) of these excuses?...

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How much money is enough – Property WOD |Ep. 209|

Not everyone wants a Jet, or to buy a private island - most people want to be healthy and provide a good life for their family. Understand the lifesty...

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How to achieve financial freedom – Property WOD |Ep. 208|

Nobody wants to work forever, or be stuck in the debt cycle - but how do you achieve financial freedom? Here's our tips....

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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 ...

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How to: calculating my borrowing capacity – Property WOD |Ep. 204|

Ever wondered how the banks work out your borrowing capacity for your primary place of residence and property investments? Michael Beresford gives you...

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Real life investing example – take a look at one of Michael Beresford’s investments – Property WOD |Ep. 200|

Director - Investment Services for OpenCorp., Michael Beresford, goes through a real life example of a property from his own portfolio and how it's pe...

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Getting your first deposit – Property WOD |Ep. 199|

In today's episode we look at the three main ways many Australian's are getting their first deposit together, so they can get their foot in the proper...

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Six Signs of a Healthy Market – Property WOD |Ep. 197|

What are the six key signs for a healthy market, and what should you be looking at to determine which market is about to take off? Discussed in today'...

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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. Fro...

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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 fin...

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Getting a bank valuation – Property WOD |Ep. 193|

We all know the story, we believe the house we want to purchase is worth XX amount of dollars, but how do we know the bank will value it at the same a...

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Understanding property finance is a must!

Whether you're a first time or experienced investor, understanding property finance is a must! The number-one reason most investors never own more tha...

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What do the APRA changes mean to investors – Property WOD |Ep. 188|

With all this talk of tighter lending for investors, how will APRA’s recent changes affect you? Cam McLellan and Michael Beresford discuss....

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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 wou...

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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 ...

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Why you need to work for what you want – Property WOD |Ep. 185|

Cam shares his thoughts on Joe Hockey's recent comments regarding Australian's needing to "go out and get a good job" in order to in to the property m...

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The number one reason why most Australians are not wealthy – Property WOD |Ep. 184|

Why is it that most Australians never be financially wealthy? Until you understand and live by this rule you will never be financially independent....

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Leverage and OPM 2.0 – the deposit – Property WOD |Ep. 182|

Let's talk about leverage and other people's money again. When we're purchasing our investment property is it better to put in a 5%, 10%, 20% or more ...

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How much should you spend on rent – Property WOD |Ep. 179|

As many of you will know, we recommend renting where you want to live and accumulating your portfolio before buying your own home. So how much should ...

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Renovating to create more profit – Property WOD |Ep. 178|

Should you be renovating your home or investment purchase to create more profit? How much more will the renovations make your purchase worth? These qu...

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

By Cam McLellan Enjoy 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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Taking the first step in to property investing – Property WOD |Ep. 174|

Getting yourself or your kids started in property investing can seem like a daunting task, but one simple small action today, can result in an avalanc...

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Renovating for profit – why I don’t do it

By Cam McLellan Lots 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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Maximising your borrowing capacity – Property WOD |Ep. 170|

How do you ensure that you maximise your borrowing capacity and what steps should you take to ensure that you get the most out of the bank....

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Starting out: building your investment portfolio – Property WOD |Ep. 156|

What do Monopoly, delayed gratification and building your portfolio have in common? We take a look at some of the things that can get you investing ea...

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Would $32,000 be enough for you to retire on – Property WOD |Ep. 148|

It is a well publicised fact that potentially over 80% of couples in Australia will retire on only $32,000 each year. With many of us already living w...

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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-end...

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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 yo...

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OpenCorp go on an excursion part 1 – Property WOD |Ep. 136|

Today’s WOD features an excursion where some members of our team go and investigate the investment knowledge of some real estate agencies. Are you s...

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Growth equity: proof property doubles every 10 years – Property WOD |Ep. 135|

In this episode Cam explains how his wife Felicity only recently had her own light-bulb moment – when she realised property really does value every ...

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How much is your time worth – Property WOD |Ep. 133|

In today’s WOD we look at why you might find putting in 200 hours to benefit yourself intimidating, but when you realise you’re working over 1,000...

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Why Property Investing Is a Long Term Wealth Creation Strategy

Now you've worked out your property investment visions and kicked them into action, all you need to do is get yourself into the market, then sit back ...

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Turning your visions into a property investing reality – Property WOD |Ep. 131|

So you’ve decided on what your visions are for your future, now it’s time to get those visions in to action, whilst brushing off those dream crush...

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Setting your goals for 2015 – Property WOD |Ep. 130|

We’re back and ready for 2015! In our first Property WOD (workout of the day) for this year, Cam and Al talk about the importance of goal setting fo...

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What we have learned from our investment journey – Property WOD |Ep. 127|

It’s time to go back to the future and answer what we would do, if we went back to the beginning and started again?...

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What did Al Lewison’s first property investment look like – Property WOD |Ep. 124|

Take a peak in to the past and check out Al Lewison’s first property purchase and how it performed....

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Rent or own? Creating financial freedom – Property WOD |Ep. 122|

Only around 15,000 people in Australia own more than six investment properties – so how do you gain the confidence to build your portfolio to six or...

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How to get your first deposit – Property WOD |Ep. 116|

Getting your initial deposit to launch yourself in to investing in property this day and age is pretty difficult, so how are most people doing it? And...

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Books you should be reading if you’re a property investor – Property WOD |Ep. 114|

We keep saying - Education is King - so what books will help you keep on track on your investment journey? Here are our favourites....

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The two biggest risks in property investing – Property WOD |Ep. 101|

We have made it a priority to create a well structured and thought-out process when guiding clients through their property investment journey, in orde...

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Property investing for beginners – Property WOD |Ep. 98|

Let’s go right back to basics and talk about how to find the deal of  a lifetime, every single day of the week....

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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.com We don't think so. Great ...

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How to: selecting the right tenants – Property WOD |Ep. 97|

How do you ensure that you are getting the best tenants in your investment properties and avoid the ones that will make you want to pull your hair out...

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How much do I really need to start property investing – Property WOD |Ep. 95|

Don't get caught out by hidden costs, make sure you understand exactly how much you need to start building an investment portfolio....

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Getting a loan – Property WOD |Ep. 90|

Getting multiple loans for your investment properties can be a scary thing, here are our tips on finding your confidence....

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Jimmy smoked two investment properties a month – part 1

By Al Lewison and Cam McLellan We 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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The cash-flow quadrant explained – Property WOD |Ep. 88|

Let's take a look at how the cash-flow quadrant influences your investment journey....

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Everything you need to know about Cam and Al’s investment journey – Property WOD |Ep. 87|

Join Al and Cam for a hot minute where they fill you in on their total investment journey, including their first house purchases, worst house ever bro...

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Making your investment dreams a reality – Property WOD |Ep. 84|

Property investors need to understand the importance of time management, writing down your goals and taking action....

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Giving yourself time to invest in property – Property WOD |Ep. 81|

Do you find that you are too busy to start building a property portfolio? We give you some tips on managing your time and how to get past the time bar...

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What can you give up to begin investing part II – Property WOD |Ep. 64|

If you want to be financially free and retire early, you will more than likely have to delay gratification for a time. What could you give up?...

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Property investors: why small steps are best at the start – Property WOD |Ep. 60|

Al takes on his first blue run at Mt Buller – not pretty – Cam and Al compare this to investors and how they jump off double black diamond runs as...

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Finding the property investment deal of a lifetime: new or old – Property WOD |Ep. 56|

Cam & Al discuss which property investment option is better to buy – new or old, and the reasons why....

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Finding the property investment deal of a lifetime: amenities – Property WOD |Ep. 55|

Cam and Al discuss the distance your property investment needs to be from crucial amenities....

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Finding the property investment deal of a lifetime: land content – Property WOD |Ep. 54|

Let's take a look at how important your land content is when choosing your investment property....

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Finding the property investment deal of a lifetime: established bench mark – Property WOD |Ep. 53|

Cam and Al discuss the need for understanding the established capital bench mark when selecting your investment....

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Finding the property investment deal of a lifetime: optimum size & quality – Property WOD |Ep. 52|

Cam and Al discuss one of the biggest mistakes investors make - overcapitalising, and why making this mistake could be costing you a lot more than you...

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Finding the property investment deal of a lifetime: low cost to hold – Property WOD |Ep. 51|

Let's take a look at how to hold more asset for as little out of your back pocket as possible....

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Finding the property investment deal of a lifetime: valuers & median – Property WOD |Ep. 49|

Cam & Al explain why the bank panel valuers are the key to your future net wealth....

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Finding the property investment deal of a lifetime: finding the property – Property WOD |Ep. 48|

Cam & Al discuss what it takes to find the best investment property for a specific area....

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Finding the property investment deal of a lifetime: infrastructure – Property WOD |Ep. 47|

Al and Cam discuss how important infrastructure is when it comes to choosing the right investment property....

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Finding the property investment deal of a lifetime: identifying oversupply – Property WOD |Ep. 46|

Al and Cam show you how to identify if there is a threatening oversupply that will impact the price of your investment....

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Finding the property investment deal of a lifetime: employment generators – Property WOD |Ep. 45|

Al and Cam discuss the need for diverse employment with a concept on what would happen to prices in our capital cities is employment generators aren...

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Finding the property investment deal of a lifetime: the best investment area – Property WOD |Ep. 44|

Cam & Al show you the second part of the MAP process. Finding the best investment area or suburb and the key factors that must be taken into accou...

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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 ...

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Investing in your 30s – Property WOD |Ep. 42|

One of the most impressive developers in Australia in our lifetime didn't start he was 35 - so if you're worried it's too late to start, watch this ep...

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Finding the property investment deal of a lifetime – Property WOD |Ep. 38|

Cam & Al explain the steps they take and things you must understand to find a property investment deal of a life time, every day of the week....

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Finding the property investment deal of a lifetime: when to not invest – Property WOD |Ep. 41|

Supply and demand explained. Many talk the talk but few understand what’s going on in our capital cities....

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Finding the property investment deal of a lifetime: choose the right market – Property WOD |Ep. 40|

Choosing the right market to invest in at the right time is key to building a successful portfolio. Here are our tips to make the right decision every...

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Why property selection is so important – Property WOD |Ep. 37|

When building your portfolio for it to be a successful one, property selection is so important. For our next few episodes we will go over in detail, t...

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Finding the property investment deal of a lifetime: how to pick property – Property WOD |Ep. 39|

Successful investors use a process of elimination to find the deal of a lifetime, here are the steps to how we choose ours....

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Understanding the valuation process – Property WOD |Ep. 34|

Property investors must understand the valuation process to be successful. In today's episode we take a deep dive into property valuations....

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Property investors: how to stay motivated – Property WOD |Ep. 29|

Al and Cam talk today about why you are your best motivator and why it shouldn't matter where you come from, if you want to be successful it's up to y...

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Setting up your property team: choosing a broker – Property WOD |Ep. 28|

Having the right broker can make or break you as a property investor, here are our tips and tricks for choosing the right one....

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Setting up your property team: choosing an accountant – Property WOD |Ep. 26|

Setting up your property team is a task every investor faces, let's take a look at what you need to consider when looking for an accountant....

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What can property investors learn from China – Property WOD |Ep. 25|

After a recent trip to China, we thought we should let you in on a few interesting things we found out about this massive country and how our cities a...

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Property investors: don’t let fear hold you back – Property WOD |Ep. 24|

As a property investor it is understandable and even important to be fearful at times, but don't let that fear hold you back. In today's episode we lo...

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What we gave up to become property investors – Property WOD |Ep. 18|

Al and Cam have discussed in previous WODs what you can give up to get yourself that next step closer to investing. In today's episode they give you a...

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Navigating the property expo mine field – Property WOD |Ep. 10|

A property investing expo can be a dangerous place, here are our tips to ensure you don't get caught up in the hype of the day....

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Property vs. Shares vs. Business – which investment is best? Property WOD |Ep. 8|

Cam and Al discuss how they assess risk vs. return and the method they used at each step of their journey....

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How to determine rental yield – Property WOD |Ep. 7|

Understand how to calculate rental yield and determine it as a percentage....

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The golden rule of property investing – Property WOD |Ep. 6|

Land appreciates and buildings depreciate. You will fail as an investor if you do not clearly understand this rule....

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Four easy steps to help investors reach their goals – Property WOD |Ep. 5|

To be successful as a property investor you must set goals. Here's our tips on how to set and reach your targets....

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How much is enough – Property WOD |Ep. 2|

Determine not only how much money is going to be enough, but also how to get it....

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