In today’s Wealth Coffee Chat, Jason dives into the art of savvy property investment, urging listeners to think twice before selling. He breaks down the top three reasons to consider a sale—from substandard properties to upgrading or shifting to tax-advantaged locations—and peppers his advice with real-life stories from his own experiences. Tune in as Jason inspires you to build and expand your wealth through strategic property retention!
Jul 16, 2024•19 min•Ep. 685
In this edition of Finance Friday, Cang Dang from Positive Money walks us through the expected announcements from the RBA regarding rate cuts, when we can expect them and the impact any cuts (or hikes) are going to have on your ability to borrow from a broker. Let’s Wealth Coffee Chat!
Jul 12, 2024•11 min•Ep. 684
In this video WCC guest host and Director of Fenton Financial, Andy Fenton, walks us through the overwhelming political change being seen throughout the world and tries to find the middle ground between political structures and reality. Let’s Wealth Coffee Chat!
Jul 11, 2024•31 min•Ep. 683
In today's Wealth Coffee Chat, Cass from Property Management dives into the pitfalls of managing C-grade properties combined with C-grade property managers. Drawing from a real-life scenario, Cass highlights the importance of proactive maintenance, strategic renovations, and the critical role of experienced property managers in safeguarding your investment. Tune in and let’s Wealth Coffee Chat!
Jul 10, 2024•15 min•Ep. 682
In this episode of Wealth Coffee Chats, Andy Fenton dives into the latest changes in tax rates and superannuation. He breaks down the new tax brackets, how inflation affects your tax payments, and the increase in the superannuation guarantee for salaried investors. He also discusses changes to concessional and non-concessional contributions, emphasizing the importance of effective tax management and maximising super contributions to minimise tax. Let’s Wealth Coffee Chat!
Jul 09, 2024•29 min•Ep. 681
Listen up folks! Join Andy Fenton as he shares essential planning and goal-setting tips for wealth and property success. Learn about the four key planning times: January for goal setting, April for tax planning, July for investment reviews, and October for progress checks. Track your progress, adjust your strategies, and stay organised. Let’s Wealth Coffee Chat!
Jul 08, 2024•28 min•Ep. 680
In this episode of Wealth Coffee Chat's Finance Friday, we delve into the new government initiatives designed to support first-time homebuyers and single parents through the Home Guarantee Scheme. Managing Director Cang from Positive Money sheds light on how banks assess loan applications, balancing between your income, expenses, and the value of your assets. This episode aims to provide valuable insights and answers to common questions about mortgage lending. Let’s Wealth Coffee Chat!
Jul 05, 2024•7 min•Ep. 679
In today's Live, let's hear from Sam Saggers on the concept of investment selection in real estate. He introduces his four quadrant property investment selection system, which includes capital preservation, growth, yield, and tax considerations. He also highlights the significance of growth in creating wealth through property and the role of yield and tax benefits in the investment selection process. Let’s Wealth Coffee Chat!
Jul 04, 2024•20 min•Ep. 678
Despite the increase, the rental market remains strong with low vacancy rates in most capital cities. Let's hear from Cass as he discusses the increase in national vacancy rates and its impact on the rental market. Let’s Wealth Coffee Chat!
Jul 03, 2024•12 min•Ep. 677
Join Andy Fenton as he discusses tax planning strategies and ways to minimise tax payments. He introduces the concept of using structures such as personal superannuation and investment companies to reduce tax liabilities. Andy explains the current tax rates and how they have changed over time. Let’s Wealth Coffee Chat!
Jul 02, 2024•23 min•Ep. 676
In today’s Wealth Coffee Chat, we have Damien, a mortgage broker from Positive Money. He discusses the importance of having the right loan structure with your current lender. Join him to learn how to ask the right questions and seek a second opinion to ensure you have the right loan structure for your current and future needs. Let’s Wealth Coffee Chat!
Jun 28, 2024•13 min•Ep. 675
In today’s Wealth Coffee Chat, Cass shares some important lessons from the Property Summit. He talks about how crucial it is to have a great team and a top property manager to help tackle challenges and succeed in property investing. Cashflow flywheel? What is this? Why it’s important to understand and improve these areas to increase cashflow and property value. Let’s Wealth Coffee Chat!
Jun 26, 2024•15 min•Ep. 674
Join Jason as he shares key lessons from a property game event. The winners of the game had clear numbers, focused on A-class deals, maximized their investments, maintained a winning mindset, and sought help from a six-star team. These strategies are not only effective in the game but also applicable to real-life property investing to achieve long-term success.
Jun 25, 2024•20 min•Ep. 673
Refinancing is a powerful tool to increase your borrowing power and achieve your financial goals. In this episode, we delve into the key reasons for refinancing: resetting the loan term, consolidating debt, accessing equity for investment properties, and paying off the home loan faster. Cang shares practical insights on how borrowers can increase their borrowing amount and reduce interest payments through refinancing. Don't miss out on these valuable tips and the chance to ask your questions in ...
Jun 20, 2024•8 min•Ep. 672
Routine inspections are an absolutely critical part of your journey as investors; are their faults that could cause harm to your tenants or to your income? Are you maintaining minimum compliance standards? The only way you’ll know is with a regular inspection. But what are they and how often should we do them? Let’s Wealth Coffee Chat!
Jun 19, 2024•18 min•Ep. 671
In this video Jason Whitton walks us through some new data that was released by Oxford Research that shows that house construction, over units, is not meeting supply demands. Will Australians start turning away from houses and rent more units? Let’s Wealth Coffee Chat!
Jun 18, 2024•21 min•Ep. 670
A quick update today from Jason Whitton, walking us through a local Melbourne council’s proposal to double the rates for properties that are not PPR’s. Will it work? Definitely not. It doesn’t address Australia’s supply issue. Let’s Wealth Coffee Chat!
Jun 17, 2024•11 min•Ep. 669
It’s Finance Friday and today we’re joined by Positive Money’s Lending Specialist, Cang Dang. In this video Cang walks us through a situation where a client was able to find finance on her dream home with only 2 days lead time, and why her story is important for people that feel like they’re locked into their 30 year mortgage. Let’s Wealth Coffee Chat!
Jun 14, 2024•8 min•Ep. 668
In this video Jason Whitton explains the concept of “Up and to the right”, that is, the projected growth of property values and rental income over the next 5 years. What does this mean for the people that are sitting around waiting for interest rates to change? Are they going to miss out? Let’s Wealth Coffee Chat!
Jun 13, 2024•20 min•Ep. 667
Following on from QLD’s latest rental reforms, Victoria are now proposing a new set of standards for landlords to follow regarding energy conservation. How will this affect investors? Are there any considerations to take into account? Let’s Wealth Coffee Chat!
Jun 12, 2024•14 min•Ep. 666
Buffers, war-chests, safety cash, grab bags; whatever you call them, buffers are essential for investors when it comes to unlocking their full potential. How much money should you have set aside at any one time if you’re an investor? Let’s Wealth Coffee Chat!
Jun 11, 2024•12 min•Ep. 665
When was the last time your bank called you to talk about finding better loan terms? Never. In the end they make refinancing intentionally difficult to keep you locked in for 30 years. In this video Brad Tefft from Positive Money walks us through the concept of FAST REFINANCING. What is it and how fast could it possibly be? Let’s Wealth Coffee Chat!
Jun 07, 2024•14 min•Ep. 664
In this video Jason Whitton asks a very simple question, a question all of Australia has on its lips right now: will the RBA put the interest rates up? More importantly, what will this mean for property investors? Let’s Wealth Coffee Chat!
Jun 06, 2024•16 min•Ep. 663
Finding a tenant for your property requires a lot of work; understanding their requirements, providing access to affordable rent and the additional investment of money into your property are all the cornerstones of a good landlord/tenant relationship. In this video Cass Sjostedt from R&W Plus walks us through his 3 step formula for finding the perfect tenant and creating better relationships with the community. Let’s Wealth Coffee Chat!
Jun 05, 2024•14 min•Ep. 662
Welcome to Wealth Coffee Chats! In this episode we’re going to deviate slightly and talk about business; are you a business owner? Have you thought about what your exit plan looks like? Are you confident your business is structured correctly? No? If not, in this video both Jason Whitton and Andy Fenton will walk you through the 3 pillars of of wealth, how they apply to your business owners and what you can do to start making your business assets more future proof.
Jun 04, 2024•24 min•Ep. 661
Lifestyle, retirement, exit, stop working, whatever you want to call it; what is it that happens at the end of your investment cycle? You’ve spent 15 years building your portfolio, now what? In this video Jason Whitton explains the most IMPORTANT part of your investment journey, what happens when you get to the end of it. What does it look like? Let’s Wealth Coffee Chat!
Jun 03, 2024•22 min•Ep. 660
Let’s dive into the concept of ‘The Bank of Mum and Dad’! What is the criteria for these kinds of loans? Are they more common than we think and what are the risks involved? In this video Brad Tefft and Scott Forrest from Positive Money walk us through the idea top to bottom, showing you exactly what you need to look for when helping out with your children’s finances. Let’s Wealth Coffee Chat!
May 31, 2024•18 min•Ep. 659
In this video Jason Whitton breaks down the importance of perspective when it comes to valuing property; a property valuer can tell you a value based on the past, an Estate Agent can predict current trends, but you as the investor play the most important role. What is it? Let’s Wealth Coffee Chat!
May 30, 2024•19 min•Ep. 658
There are 3 significant changes to property management that are going into effect this week in Queensland; Rent bidding is being removed, the amount of rent paid in advance is changing and the biggest change will affect rent price increases.What does all this mean for property investors? Well, quite a lot actually. Let’s Wealth Coffee Chat!
May 29, 2024•18 min•Ep. 657
In a shortened Wealth Coffee Chat this morning, Jason Whitton is joined by financial and business strategist Andy Fenton, who is here to respond directly to Australia’s latest Federal Budget update. What’s new for investors? What are the changes to happening to your superannuation if you accrue over $3M? Let’s Wealth Coffee Chat!
May 27, 2024•7 min•Ep. 656
