Wealth Coffee Chats

How to Prepare for You Loan Application

Join Cang today's Friday Finance Wealth Coffee Chat! He discusses the challenges of preparing for a loan application, specifically focusing on the banks' use of living expenses and the household expenditure measure (HEMS) as benchmarks. It highlights how HEMS can impact small business owners and individuals with investment properties. He also suggests getting a detailed breakdown of living expenses and a copy of the credit file to prepare for the loan application. Listen now!

Key Challenges and Strategies in Australia's Property and Construction Markets

Join Jason today as he discussed the Australian property market, highlighting recent records and challenges. He shared his experience investing in Melbourne, emphasising the importance of a long-term approach. Jason also touched the housing market, citing low supply, increasing population, and potential inflation impacting prices. There's so much more! Let’s Wealth Coffee Chat!

5 Tips for Finding the Right Property Manager

In this conversation, Cass discusses five key tips for finding the right property manager. He emphasizes the importance of doing research, looking local but having a broad vision, ensuring portfolio transparency, considering leasing commitment, and understanding what the property manager actually does. He also highlights the misconception that the cheapest agent is always the best option, and encourages investors to prioritise trust, commitment, and care when choosing a property manager. Let’s Wealth Coffee Chat!

Ensuring Your Assets Are Protected: Real Estate and Legal Preparedness

Do you understand what happens to your assets if and when you're not here anymore? This discussion highlights the significance of having a will and powers of attorney to manage financial and legal matters in cases of incapacitation or death. It covers the various types of powers of attorney, their importance, and how they vary by state and individual needs. This episode concludes with a reminder to take care of these important legal documents and seek professional advice if needed. Listen up and Let's Wealth Coffee Chat!

Tips for Budgeting and Loan Repayment Calculations

Friday Finance with Cang! Join Cang as he discusses how much you can borrow when approaching brokers for a loan. He also explains that there are two factors that determine borrowing capacity: affordability and security. He provides tips on budgeting, loan repayment calculations, and sequencing loans. The conversation concludes with a discussion on the importance of having a finance strategy and ongoing conversations with brokers. Hear more from him and Let’s Wealth Coffee Chat!

Checking Valuations and Rents for Maximum Potential

The discussion covers the current state of the property market, the winners and underperformers, and the importance of checking valuations and rents. The forecast for the next three years suggests that Adelaide, Brisbane, and Perth will be the star performers in terms of capital growth. Let’s Wealth Coffee Chat!

Selling a Property with a Fixed Lease: Strategies for Success

In this episode of Wealth Coffee Chat, Cass delves into the intricacies of selling a property that has a fixed lease in place. Drawing on insights from property managers, investors, and landlords, he highlights the importance of strategic cooperation among all parties involved. He also provides valuable tips on how to enhance the property's appeal through effective presentation and potential rent reductions, all while ensuring compliance with legal requirements. Find out more! and Let's Wealth Coffee Chat!

Proposed Taxes on Superannuation: What You Need to Know

Real estate investing and superannuation are the two major places of wealth in Australia. The government is proposing new taxes and regulations that could impact these areas. From 2025, super funds with more than $3 million in wealth will attract extra tax. There is also a proposal to tax unrealised capital gains inside super. It is important to stay informed and have a team of experts to navigate these changes. Let's Wealth Coffee Chat!

Property Pricing Trends: The True Value of Good Quality Apartments

The traditional understanding of property pricing has shifted, with units now being more expensive than houses in many areas. The cost of materials and construction has driven up the prices of apartments, making it difficult to find affordable options. However, good quality apartments in desirable locations still offer great value. On the other hand, houses and land are currently more cost-effective and provide opportunities for investors.Let's hear more from Jason, let's Wealth Coffee Chat!

Optimising Borrowing Capacity: The Importance of Your Credit File

In this conversation, Cang discusses the importance of understanding your credit file and the information it contains. He explains that your credit file is a document that lenders use to determine if you are worthy of lending money to. Cang also provides tips for managing off-the-plan property purchases and highlights the need for regular check-ins with your broker to reassess your borrowing capacity. Let's Wealth Coffee Chat!

The Importance of Asset Allocation in Real Estate Investing

Real estate investing can be time-consuming and stressful, but with the right strategies, it can be a valuable asset. Harry Triguboff, one of Australia's richest property investors, provides some lessons on building a successful property portfolio. Triguboff's portfolio is 66% residential real estate, with a focus on high-density apartments. He also accelerates his wealth by developing his own properties at wholesale prices, creating instant equity and higher rental yields. The lessons from Triguboff's portfolio include the importance of asset allocation, transforming residential properties into high-income assets, and continuously acquiring properties.Let’s Wealth Coffee Chat with Jason.

Protecting Your Investment: Managing Tenants Running Businesses from Rental Properties

Discover the crucial insights every landlord and investor needs to know about tenants running businesses from rental properties. Join Cass as he shares a compelling story of a client who faced this exact challenge. Learn about the legal implications, due diligence strategies, and proactive measures that can safeguard your property. This discussion is a must-read for anyone looking to avoid potential pitfalls and ensure the smooth operation of their rental investments.