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My Four-Year-Old The Property Investor
Do you know that over 90% of the world's millionaires made their first million from property? Why is it then that most Australian's retire below the poverty line?
Cameron McLellan - successful property investor, businessman and father, shares the knowledge that has allowed him the option to retire in his 30s, amass a substantial portfolio of commercial and residential property and build a group of companies which are listed in five BRW fast growth lists and employ over 100 team members.
In simple, jargon-free language, Cam lays out a step-by-step investment manual written for his young children. It is also a must read for anyone needing to secure their own financial future. Essential reading for anyone wishing to walk the Straight Line to Wealth.
Written for his three young children to use when they're old enough, My Four-Year-Old The Property Investor is a must read for anyone wishing to secure their own financial future.
"The genius of this book lies in its simplicity. It reads like an easy-to-understand set of instructions for succeeding in the property market. Not only have I already implemented some of Cam's advice, I plan to make it essential reading for my own children in order to give them that head-start I never had." Gerard Ferrari - Board Member - Victoria Golf Club
Cameron McLellan - successful property investor, businessman and father, shares the knowledge that has allowed him the option to retire in his 30s, amass a substantial portfolio of commercial and residential property and build a group of companies which are listed in five BRW fast growth lists and employ over 100 team members.
In simple, jargon-free language, Cam lays out a step-by-step investment manual written for his young children. It is also a must read for anyone needing to secure their own financial future. Essential reading for anyone wishing to walk the Straight Line to Wealth.
Written for his three young children to use when they're old enough, My Four-Year-Old The Property Investor is a must read for anyone wishing to secure their own financial future.
"The genius of this book lies in its simplicity. It reads like an easy-to-understand set of instructions for succeeding in the property market. Not only have I already implemented some of Cam's advice, I plan to make it essential reading for my own children in order to give them that head-start I never had." Gerard Ferrari - Board Member - Victoria Golf Club
219 pages, Kindle Edition
First published January 21, 2015
23 people are currently reading
163 people want to read
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Displaying 1 - 12 of 12 reviews
May 23, 2022
This book was a good entry guide to Property Investing in Australia. It covers some great principles including market cycle, capital growth investing, individual vs trust ownership and taxation. Took away a few stars due to the section that alludes to lower income earners being “lazier” than higher income earners and thus should be taxed more… some of the most impactful professions are low income earners e.g. teachers, let alone the fact that privilege plays a huge factor into how much you earn in life and where you start out. I also took away a star as I would’ve liked to see more justification and data to back up the 4 recommended investment cities.
Overall I do think it’s worth the read, but take it with a grain of salt and do your own research.
Overall I do think it’s worth the read, but take it with a grain of salt and do your own research.
September 20, 2021
This book is a very good starting point for a prospective property investor and I really liked that he gave specific examples of analysis to conduct when searching for investment opportunities. For example, find suburbs with 70%+ owner occupiers and <3% rental vacancies, its good to just have these rules of thumb in your mind.
I know the point of the book was to learn about property investing, so I am meeting the book on its own terms, however: I could not let slide 2 pages that were mind-bogglingly stupid, and completely irrelevant.
The author suggests that someone who earns $50,000 should be taxed more than someone who earns $100,000 because their salary being half means they're twice as lazy. I know a guy who was paid $200k a year to attend 5-6 boozy lunches where he would help industry nobs brainstorm tourism opportunities. That was all he had to do. To say he worked 5 times harder than the average nurse is some real smooth brain logic. It's embarrassing to even have that opinion let alone publish it in print. Truly astounding.
I know the point of the book was to learn about property investing, so I am meeting the book on its own terms, however: I could not let slide 2 pages that were mind-bogglingly stupid, and completely irrelevant.
The author suggests that someone who earns $50,000 should be taxed more than someone who earns $100,000 because their salary being half means they're twice as lazy. I know a guy who was paid $200k a year to attend 5-6 boozy lunches where he would help industry nobs brainstorm tourism opportunities. That was all he had to do. To say he worked 5 times harder than the average nurse is some real smooth brain logic. It's embarrassing to even have that opinion let alone publish it in print. Truly astounding.
July 5, 2018
5/5 As someone who had finally scraped together enough cash to put towards this elusive thing called a “deposit”, I woke up one day and decided it was time to buy my first property. As someone who has never been taught or learnt about how to actually go about doing this, I stared blankly at a broker while we discussed jargon I had never heard of (BC? LMI? LVR?) It was another language. Another world. But as soon as I left the meeting I was determined to understand the start to finish process of buying/investing in property. This book explains complex concepts in simple terms and is the perfect introduction to someone like me who’s in their 20s trying to pave a path for the future.
October 25, 2022
For someone who has listened to a few property investment related books now, I reckon Cam hits some pretty good highs with this one :>) Recommending against individual apartments and low 'acreage' investments is sound, nit to mention warning you off sprukers and cross-securing bank finance. I like his ideas for unit trusts invested in property - you can start building for an individual purchase, and not be stuck at the hands of the super funds (who have gone backwards despite the property boom). It's worth a read :>)
January 15, 2022
Missing Key 🔑 Analysis & COVID-19 impact
It just cover some basic stuff with no in-depth analysis. The writer has withheld lot of important information with him.
At the end, he says "when you grow up kids, you can check my ipqd to find some comprehensive numbers", not sure why he published this book. He could have published his ipad.
It just cover some basic stuff with no in-depth analysis. The writer has withheld lot of important information with him.
At the end, he says "when you grow up kids, you can check my ipqd to find some comprehensive numbers", not sure why he published this book. He could have published his ipad.
December 6, 2017
Helpful but written quite vaguely.
March 30, 2021
My favourite property investing book
June 30, 2021
Easy to understand the jargon. Makes the whole idea feasible now to find money
December 24, 2021
Very good Information and a checklist for starting off the property investment ladder. Will come back to it at different stages
June 26, 2023
Great easy read book to learn about Australian property investment market.
March 28, 2015
I stumbled upon My Four Year Old the Property Investor by accident when I was browsing my library for investment books. Cam writes in a very simple and practical way which makes reading it a breeze but that doesn't mean it wasn't packed with lots of practical tips. He lays out the book as "dad" and that he is teaching his "kids" (us and his real kids) his way of investing - straight line and the circle of duplication.
Cam lists all the steps in investing via the straight line and goes through each one in detail giving you little tips on the way - things that you would actually use. For example when you're building, what questions to ask your builder that would give you the best return without having to spend too much. Then he goes repeat this over and over until you achieve the financial freedom you desire.
I would highly recommend this book for everyone who is interested in investing in property. Cam really inspires action and you can see the passion he has for property and for his kids.
Cam lists all the steps in investing via the straight line and goes through each one in detail giving you little tips on the way - things that you would actually use. For example when you're building, what questions to ask your builder that would give you the best return without having to spend too much. Then he goes repeat this over and over until you achieve the financial freedom you desire.
I would highly recommend this book for everyone who is interested in investing in property. Cam really inspires action and you can see the passion he has for property and for his kids.
January 14, 2017
- 2.5
- Definitely learned things from this but it's more of a springboard than an actual how-to i.e. I don't feel ready or knowledgeable enough to actually implement this
- Whole tone driven by simplicity and breaking down jargon (the dad jokes are slightly annoying but can be easily ignored)
- Feel like it would be good to have a copy or borrow it again as reference material as some aspects are definitely worth revisiting e.g. checklists, trusts
- Definitely learned things from this but it's more of a springboard than an actual how-to i.e. I don't feel ready or knowledgeable enough to actually implement this
- Whole tone driven by simplicity and breaking down jargon (the dad jokes are slightly annoying but can be easily ignored)
- Feel like it would be good to have a copy or borrow it again as reference material as some aspects are definitely worth revisiting e.g. checklists, trusts
Displaying 1 - 12 of 12 reviews