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.

  • 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

  • There isn’t one rule you need to know as a property investor. Al and I have rules for every area of property investing, whether it’s taxation law, identifying an investment, duplication, cross collateralisation, finance structure or picking a tenant. Every rule is designed to reduce risk but because people keep asking, we thought we’d do a top ten of some of our old favourites for you and discuss each. read more

  • So what is a “tall poppy”? It is a person who is doing something different, trying to get themselves ahead of the crowd and who stands out from others. The decision you need to make is whether you are happy to just tick along in life, or whether you’re someone who is prepared to take the steps to educate yourself and move forward with building your wealth read more

  • Most people who know me, know I champion buying new over old when building your portfolio. Personally I have done the whole buy – renovate – sell thing but any profit made is usually negated by agents fees, stamp duty, selling costs, the renovation costs of course and much more. read more

  • A lot of people know that Al Lewison and I are business partners, we invest together, are obviously good mates but one of the other things that people don’t often realise is that we are actually brothers-in-law as well! read more

  • When it comes to property investing what comes first the chicken (your borrowing capacity) or the egg (the property). Most people would say it’s the property, but today I’m going to tell you why the chicken should always come first. read more