Cam McLellan

Cam McLellan

Director of OpenCorp, Cam McLellan is committed to sharing his passion and property investment knowledge with everyday Australians.
After thriving in the telecommunications, technology and recruitment sectors and making six BRW Lists in 8 years, alongside accomplished OpenCorp. entrepreneurs Matthew Lewison and Allister Lewison, founded OpenCorp. eight years ago.
Cam started investing in real estate at a young age and quickly mastered the art of building sustainable wealth. He has used the same wealth building strategy to develop a multi-million dollar business, sharing his knowledge and skill with ordinary Australians. Cam has personally bought, sold and developed numerous properties and has an extensive residential and commercial investment portfolio.

  • Today I want to talk about investing in multiple capital cities and how to be comfortable and secure buying an investment property in a market other than where you live. read more

  • 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, but doing so depends on two things. The first is the amount of capital or unused equity that you have available for deposits. The second and perhaps more important factor is the need to invest across multiple capital cities. read more

  • When you start to age, you go and get fixed up - so what happens when your portfolio starts to age? Let’s say you’ve got a 30-year-old property; you bought it new so you would get the best tenants, no rental vacancy, depreciation and quick loans but now it has aged. The good news is you can turn it all around because your property has, worst case, tripled in value. read more

  • The MAP process is all about eliminating markets, areas and properties in order to select the right investment property. Today I am covering the market part of the process, specifically, knocking out markets that aren't good at a particular point in time, leaving only desirable markets to invest in. read more

  • Lately there has been a lot of publicity around the Australian Prudential Regulatory Authority, which keeps control of the financial system in the banks. If you’re an investor who reads newspaper stories, you could have been led to believe that APRA is making it impossible for you to buy investment properties, your financial dreams have been crushed and you may as well put your head in a hole. This kind of attitude means they have already achieved their goal of discouraging investors, so let’s take a step back. read more

  • Property insurance is vitally important but is something people rarely think about. It protects and mitigates risk for you and should give you the reassurance to sleep well at night, yet people use a very high risk strategy to make sure they are covered. Usually you receive a reminder from the insurance company, pay it and think, “I’m insured again,” with very little forethought and afterthought. What if you move house? What if the company doesn’t send it? What if the postie drops it? What if someone steals your mail? If you don’t get it, you don’t pay it! read more

  • Today I want to talk to you about negotiating like a pro. The fact of the matter is you will probably buy a primary place of residence three or four times during your life. Most people buy one every seven to 10 years. There are a few different ways you can buy, so I’ll touch on auctions and cover the other main way: the closed envelope offer or expressions of interest (EOI) by set date, which can be really annoying for a buyer. read more