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With property prices soaring, the amount needed for a deposit has climbed too. And that's left many people with no option but to turn to the Bank of Mum & Dad. Parental assistance to get into the property market has grown, and yet there's a stigma around it - a stigma that doesn't exist for inheritances. In this special episode, Canna and Michael are joined in the studio by Cam McLellan, CEO and co-founder of OpenCorp. A property investor with an incredible story to tell, he's also the author of ‘My four year old, the property investor.' He takes Canna and Michael through the Bank of Mum and Dad, exploring the strategies and stigma, and how investors can make it work for them. OpenCorp is a supporter of this podcast. The information in this podcast is general in nature and does not take into account your personal circumstances, financial needs or objectives. Before acting on any information, you should consider the appropriateness of it and the relevant product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant Product Disclosure Statement or other offer document prior to acquiring any financial product. Canna Campbell is a Corporate Authorised Representative and Corporate Credit Representative of Wealthstream Financial Group Pty Ltd ABN 35 152 803 113 Australian Financial Services Licensee AFSL 412079.See omnystudio.com/listener for privacy information.
More and more Australians are choosing rentvesting as their way into the property market. It's basically buying in a high rent areas as an investment and then renting in an area you want to live. It means you can break into the property market, purchasing a property in lower-cost areas without giving up the benefits of a city lifestyle. In this episode of The Briefing, we're joined by property expert Michael Beresford from OpenCorp, to find out how rentvesting works, and if it's for you. Headlines: US lawyers say Julian Assange put lives at risk Brisbane aged care facility investigated over maggot-infested wound Should we axe tax deductions Female leads in Hollywood films are down Follow The Briefing:Instagram: @thebriefingpodcast Facebook: TheBriefingNewsAUTwitter: @TheBriefingAU See omnystudio.com/listener for privacy information.
The Elephant In The Room Property Podcast | Inside Australian Real Estate
Do you ever feel skeptical about property investors' supposed success stories? We understand how frustrating it can be especially when these so-called property investors boast about their short-term wins without any substantial evidence to support their claims. But the question remains, what metrics should we really be using to measure success in the property investment game? Joining us today is Michael Beresford, Director of Investment Services at OpenCorp, to discuss the key metrics that truly matter in determining property success. With Michael's impressive credentials and extensive knowledge with close to two decades in the industry, we're sure this conversation will provide a wealth of information that we can all benefit from. Tune in to this valuable conversation and discover what really counts in the world of property investment. Episode Highlights: 00:00 - Introduction 01:41 - A little backstory about Michael and OpenCorp 03:08 - Why Opencorp stands out among property companies 05:09 - How can you achieve both cash flow and growth in real estate investing? 12:46 - What determines success or failure in property investment? 15:03 - The importance of outperforming the market in property investment 18:28 - The benefits of diversifying your property portfolio across Australia 21:21 - How "home bias" can affect investment decisions 23:40 - What are the key fundamentals to consider when investing in property? 26:17 - How to maximise rental income and borrowing capacity 28:40 - Mitigating risks when investing in real estate 34:46 - What factors influence the size of land in different areas of the real estate market? 43:04 - Key criteria for selecting a successful real estate investment 49:39 - How to minimise risk and ensure rental demand in property investment? 52:41 - How do you measure your investment success? 55:20 - A peek into Pallara's growth driving comparable sales and unlocking equity 1:02:41 - What every property owner should know about maintenance 1:08:57 - How can you maximise your borrowing capacity for property investment? 1:11:52 - Michael Beresford's Property Dumbo About Our Guest: Michael Beresford - Director of Investment Services at OpenCorp, Michael is committed to sharing his passion for property and investment to deliver outstanding returns for everyday Australians. Michael has helped over 2,000 OpenCorp clients add $837 million in value to their property portfolios. Aside from guiding and advising our clients at OpenCorp, Michael is also involved in helping the company maintain its high level of growth. Connect with Michael Beresford: Connect with Michael Beresford via LinkedIn: https://www.linkedin.com/in/michael-beresford-25591237/ Visit Michael's website: https://opencorp.com.au/author/michael-beresford/ Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: www.veronicamorgan.com.au Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765 See omnystudio.com/listener for privacy information.
On this episode of The Smart Property Investment Show, host Phil Tarrant is joined by Opencorp chief executive Matthew Lewison and director of investment services Michael Beresford to discuss softening markets and the importance of playing numbers in a changing environment. The trio break down what a cooling market truly is and reflect on how median prices can be misconstrued in mainstream media headlines. They provide their own predictions on how long the cooling period will last, before revealing how smart investors can still find the perfect investment during this market phase. In this episode, you will also hear: How to focus on the fundamentals of investing Why it's a great time for first home buyers to be active How external factors can influence a cooling market If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.
On this episode of The Smart Property Investment Show, host Phil Tarrant is joined by OpenCorp chief executive Matthew Lewison and the firm's director of investment services Michael Beresford. Together the trio discuss the new property cycle Australia is entering and how this will impact the market and investors. With interest rates expected to rise, they reflect on why rising interest rates don't necessarily mean it's a poor time to invest and consider why perspective is paramount to thrive in the property market of the future. They also stress the extreme importance of sourcing property information from the right places. In this episode, you will also hear: Is investing viable in this new market? The importance of playing a smart “hand” Using the fundamentals to navigate the uncertainty If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.
Why stop with just one or two investment properties? Many investors with portfolios of that size will tell you it's because they've run out of money, but the truth behind that is they may have bought the wrong property and have hit a lending ceiling. Matthew Lewison, chief executive of OpenCorp, and Michael Beresford, OpenCorp's director of investment services, look at ways you can increase your serviceability when it seems you've reached your limit for borrowing. The duo survey the landscape, explain how banks determine the level of funding a borrower can access, and outline some key elements everyone needs to consider when looking to increase cash flow. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.
Experts have been preaching that the property market boom in 2021 was an anomaly, with four capital cities seeing massive growth of 30 per cent over 12 months, but this will likely not make a repeat this year. What, then, will define the market in 2022? Smart Property Investment's Phil Tarrant sits down with OpenCorp chief executive Matthew Lewison and director of investment services Michael Beresford to deep dive into diverse factors driving market performance in Australia, with our guests highlighting the importance of prudent financial management. They also look at key fundamentals of affordability, demand and supply, and how to use these indicators to identify the best markets and locations, and those that must be avoided, for investors. Finally, the trio shares tips on the best time to invest in property and what you should do when there's an anticipated rate rise. After listening, check out the latest insights from OpenCorp here. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.
As Melbourne prepares to exit one of the world's longest COVID-19 lockdown, property market players should keep their eyes peeled for new market trends in the coming months, according to these experts. Smart Property Investment's Phil Tarrant sits down with Cam McLellan and Matthew Lewison, the directors of OpenCorp, and exchanges views on how the latest series of lockdowns (and its subsequent end) will affect Melbourne's property market dynamics. While Cam and Matthew express a generally optimistic outlook for Melbourne's property market, they also advise investors to be cautious about their investment decisions as Victoria eases restrictions and opens its borders. The trio discuss the future trend of capital price growth, supply and demand, as well as other factors that could affect the real estate market. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below
In a red-hot property market littered with unaffordable city house prices and consumers looking for lifestyle choices, investors might be tempted to look outside of the capital cities. On the latest episode of the Smart Property Investment show, host Phil Tarrant and OpenCorp's Cam McLellan and Matt Lewison dispel the myth of buying regional only, urging investors to remain bullish on capital city price growth. The trio take a deep-dive into Brisbane's property market, predicting it will go for gold, with the Olympics said to help spur growth over the next decade. They also praise Sydney and Melbourne for not only surviving but thriving during the pandemic. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.
Cheap credit, strong buyer demand and changing consumer preferences have created a new market boom that experts say is like no other. With over 20 years of experience, OpenCorp's Cam McLellan and Matt Lewinson join host Phil Tarrant to dissect the current market, explaining how it differs from past cycles and what investors should know about each capital city. The duo share handy tips with Phil on how investors can better map where a market is located in a growth cycle. They also detail why investors need to be watching the fundamentals, including supply, demand and affordability. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights.
In the latest episode of Australian Wealth Builders with OpenCorp, hosts Cam McLellan and Matt Lewinson answer one of the most important questions in property investing – how to retire off your portfolio. The property investors discuss the importance of beginning an investment journey with the end goal in mind and share various tactics you can use to help pay down your debt and retire sooner. Cam and Matt also explain to investors that while equity is useful, it is the income generated from a property that changes an investor's lifestyle, highlighting the need to have multiple assets in order to retire early.
In the latest episode of Australian Wealth Builders with OpenCorp, Cam McLellan and Michael Beresford continue their discussion on setting up property teams, focusing on property consultants and the role they play in purchasing quality properties. The property investment duo discuss the importance of longevity in the marketplace, noting that “pop-up” consultants often surface during hot markets and leave their clients high and dry when the market cools. Cam and Michael also talk about avoiding groups that promise large profits in a short period of time, urging property investors to manage risk and build wealth over the long term.
On the latest episode of The Smart Property Investment Show, OpenCorp director Matt Lewison discusses why investors should not be scared off by rising house prices, urging those with the financial means not to wait out the current property boom. Matt and host Phil Tarrant talk about why every investor should have a unique investment strategy, which dictates where they should cast their gaze when purchasing their next property. The duo discuss why this boom is different from previous market rallies and talk tactics for investors who are looking to make some extra cash. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights.
In this episode of Australian Wealth Builders with OpenCorp, Cam McLellan and Michael Beresford discuss the misconception that investing is just for the rich often due to potential investors having a local market bias. The property investment duo discuss the importance of exploring options to get into the market sooner, with a booming market seeing savers struggle to keep up with growing house prices. Cam and Michael also talk about the potential lifestyle impacts of buying property with it often being less than investors think.
How you prep for a property purchase will determine the success of your investment journey. OpenCorp’s Cam McLellan and Matt Lewison join host Philip Tarrant on this episode of The Smart Property Investment Show to chat about prepping for a purchase. The trio talk about the importance of emotional detachment in property investing and why all purchases should be based on quality data. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights.
In this episode of Australian Wealth Builders with OpenCorp, Cam McLellan and Michael Beresford discuss various grants that federal and state governments are offering to help stimulate the housing market. The property investment specialists discuss how government money, which is targeted at renovations and new builds, is helping existing property investors in the area by lifting the benchmark for the entire suburb. Cam and Michael also talk about building a portfolio for tomorrow, with investors urged to focus on identifying trends to maximise the future value of their property portfolio.
In this episode of Australian Wealth Builders with OpenCorp, join Cam McLellan and Michael Beresford as they chat through financial fitness and deep-dive into the real meaning of investing. The property investment specialists discuss smart investing and why now is the right time to buy into the property market, breaking down the government’s current home buyer grant programs. Cam and Michael also talk about stamp duty and the variations across states and what buyers need to pay attention to when analysing their purchase power.
In this episode of Australian Wealth Builders with OpenCorp, join Cam McLellan and Michael Beresford as they discuss their very own custom-designed “map process”. The property investment specialists talk about their custom-designed process for picking property to help investors make top-notch, well-informed buying decisions. The pair detail their very own map process, which takes into consideration affordability, strips away the emotion, and ensures decisions are made following thorough due diligence.
Cam McLellan returns to The Smart Property Investment Show in 2021 to share his thoughts on the post-COVID market by reflecting on previous market cycles. As a well-seasoned investor and the director of OpenCorp, Cam is an expert in market cycles. In this edition of The Smart Property Investment Show, Cam joins Alex Whitlock to discuss property performance, repetitive trends, understanding the difference between good debt and bad debt, and more. Cam also shares his personal journey and how he got his lightbulb moment at a young age while listening to his parents argue over an unfortunate investing experience. “Right then, I knew I wanted a better financial future for my future family,” Cam recalls. Despite his young age, Cam recognised that property is where the money is. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights.
In this episode of Australian Wealth Builders With OpenCorp, join Cam McLellan and Michael Beresford as they discuss setting yourself up for success and kicking goals. The property investment specialists talk through the steps it takes to get an investment property, manage it and eventually build an entire portfolio. The pair detail the tasks investors need to tick off to reach their goals and set themselves up for success.
In this episode of The Smart Property Investment Show, OpenCorp directors Cameron McLellan and Michael Beresford join us to talk about consumer confidence, property sentiment, the psychological effects of COVID, past trends and future plans. OpenCorp’s data analytics team was key in steering the company’s course in choppy COVID waters. As businesses Australia-wide scaled back at the onset of COVID restrictions back in March, OpenCorp tripled its workforce to meet the needs of its 1,500 clients. Cameron and Michael share how OpenCorp stayed ahead of the curve, offering stability and certainty to its clients in what was a very uncertain environment. The pair discuss the path out of lockdown, how the economy and the property market shifted into growth, how to find value in today’s market and forecasts for 2021. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
In this episode of The Smart Property Investment Show, OpenCorp directors Cameron McLellan and Michael Beresford join us to talk about consumer confidence, property sentiment, the psychological effects of COVID, past trends and future plans. OpenCorp’s data analytics team was key in steering the company’s course in choppy COVID waters. As businesses Australia-wide scaled back at the onset of COVID restrictions back in March, OpenCorp tripled its workforce to meet the needs of its 1,500 clients. Cameron and Michael share how OpenCorp stayed ahead of the curve, offering stability and certainty to its clients in what was a very uncertain environment. The pair discuss the path out of lockdown, how the economy and the property market shifted into growth, how to find value in today’s market and forecasts for 2021. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
In this episode of Australian Wealth Builders With OpenCorp, join Cam McLellan & Michael Beresford as the experts break down how to set yourself up in property and also for those who already have some properties and are wanting to build their portfolio further. The property investment specialists discuss their property investment experiences, risk, goals & important property matters.
In this episode of Australian Wealth Builders With OpenCorp, join hosts Cam McLellan and Matthew Lewison as the pair provide insight into the importance of setting clear goals in your investment strategy. Further, they share information about a special course offering, available via the OpenCorp website, which will help prevent you from making financial mistakes that set you back decades. Then, hear from former Essendon player and Australian Football Hall of Famer Matthew Lloyd as he’s interviewed by OpenCorp’s Michael Beresford on his property portfolio. They break down his journey into the property market, how this marries up with his AFL career, and the lessons he’s learnt along the way about maintaining success.
For many, COVID-19 has presented unprecedented challenges, however are we through the worst of it? On this episode of The Smart Property Investment Show, host Phil Tarrant is joined by OpenCorp directors Cam McLellan and Matt Lewison for a recap on how investors’ perspectives have changed from the beginning of the pandemic to now. The Victorian-based duo share their thoughts on the federal budget, which was delivered on Tuesday, 6 October, discuss current market sentiment when it comes to efforts made for economic recovery, and highlight what trends they expect to play out going forward. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
Having a grip on your finances is key to any successful investor. In this episode of Australian Wealth Builders With OpenCorp, join Cam McLellan, Michael Beresford and Matthew Lewison as the trio break down why it's integral to have an appropriate money management strategy in place. The property investment specialists discuss the common mistakes investors make with their finances, how to get a better grip on your bank account and some challenges you can set yourself, which will ensure you’re in a better financial position amid the COVID-19 pandemic.
In this episode of The Smart Property Investment Show, OpenCorp directors Cameron McLellan, Matthew Lewison and Michael Beresford join host Phil Tarrant to share OpenCorp’s ethos and how their love of property investment came about. Cameron, Matthew and Michael talk not chasing red balloons, acquiring the right assets at the right time, and the importance of focusing on facts while tuning out media-driven hysteria. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
Cam McLellan OpenCorp by Waverley Park Hawks
Hawk Talk Podcast: Episode 8 A weekly podcast for the Waverley Park Hawks Junior Football Club community that brings you all the latest news, match results, details of upcoming events and interviews. In this episode we speak to Cam McLellan, Director, OpenCorp. Property Investment Specialists, who discusses a little of his background, why OpenCorp. are involved with community football the impact of COVID-19 on the property market and general property investment tips. 0:00 Musical Introduction 0:17 Introduction with Lindsay Moore and Nick Thompson - SMJFL season delay - Atu Bosenavulagi debut - Jumper sponsorship of the club - Toyota Good for Football Raffle https://toyotagoodforfooty.raffletix.com.au/wphawks 9:46 Cam McLellan, OpenCorp. - Cam's background - OpenCorp. and community football - Why invest in property? - Impact of COVID-19 - Investment tips 28:17 Closing Remarks 28:56 Closing Music OpenCorp Justin Ellis, Centre Manager M / 0488 000 282 E / Justin@opencorp.com.au Sound Bite Collingwood Football Club, https://www.facebook.com/collingwoodfc/videos/320804265618899 Music 'Retrogade' - Spence (YouTube Audio Library) 'Hawthorn Theme Song' (Hawthorn Football Club, www.hawthornfc.com.au/video/469129/h…=1360636089001)
Are you looking to bolster your property portfolio but lack the time to do it? This new podcast series, brought to you by the team at OpenCorp, offers insight into how time-poor executives can achieve financial independence through property investing. Drawing on decades' worth of knowledge and experience, join bestselling author Cam McLellan and investment advisory and finance expert Michael Beresford as they share tips, strategies and ideas on how to build a high-performing property investment portfolio.
Welcome to a special episode of WhichCar Weekly featuring basketball star Mitchell Creek, captain of NBL franchise South-East Melbourne Phoenix, Boomers representative and member of the Brooklyn Nets and Minnesota Timberwolves in the last NBA season. Mitchell speaks with MOTOR Associate Editor Scott Newman about his rise from Horsham, Victoria to the basketball elite (0:58), his early car years (4:40), car tastes (9:55), car culture in the NBL and NBA (15:40) and what would be in the dream garage (22:35). We hope you enjoy this chat and thank you to OpenCorp for hosting us.
In the latest episode, Michael Beresford, director of investment services with OpenCorp, sits down with host and magazine editor Sarah Megginson to discuss the importance of budgeting and how to set goals for wealth in the year ahead--and beyond.
2019 is wrapping up and the start of a new year and decade is just around the corner. How can property investors increase their borrowing capacity and seize new investment opportunities in the new year and beyond? In this episode, our editor Sarah Megginson is joined by Michael Beresford, Director, Investment Services with OpenCorp, as the two discuss the year ahead and how investors can prepare for greater investment capacity and increased profits in 2020.
APRA stunned most of us in May when it suddenly announced plans to review home loan assessment rates for residential borrowers. In this first episode of YIP Talk, we chat with Michael Beresford, Director – Investment Services at OpenCorp about APRA’s plans for loan reviews, the impact of loosening accessibility rates and his timely advice for refinancers and investors
Cam McLellan, the Director of OpenCorp, will discuss the nuts and bolts of his strategy and why you should be greedy and expect both positive cash flow and capital growth to impact your portfolio.Check out what Steve McKnight and Jan Somers taught McLellan, why finding a successful property investor in Australia is like wading through a packed MCG and which properties to look for when making your next investment. See acast.com/privacy for privacy and opt-out information.
Cam McLellan, the Director of OpenCorp, will discuss the nuts and bolts of his strategy and why you should be greedy and expect both positive cash flow and capital growth to impact your portfolio.Check out what Steve McKnight and Jan Somers taught McLellan, why finding a successful property investor in Australia is like wading through a packed MCG and which properties to look for when making your next investment. See acast.com/privacy for privacy and opt-out information.