What is an “income engine”? The concept of the “income engine,” is a comprehensive approach to building wealth through a diversified property portfolio. The income engine involves creating consistent weekly, monthly, quarterly, and yearly income streams by leveraging various types of investments, including residential and short-term rentals, joint ventures, and trading activities. With the support of a full-service team, investors can navigate the complexities of property investing, employing buy-and-hold strategies to grow equity and eventually convert it into higher-income opportunities.

Let’s explores the current state of property values in Australia and the factors that drive them, such as population, wages, and affordability. As Jason discusses the median house prices in different cities and how they may not align with population size and this conversation also touches on the potential for future growth in cities like Melbourne and Sydney, as well as the importance of rental yields. Let’s Wealth Coffee Chat!

In this Finance Friday Wealth Coffee Chat, Cang discusses the importance of being ‘bankable’ and offers tips on how to assess and improve your financial position. He talks about negotiating interest rates, accessing equity, maximising borrowing, and managing bad debt. Cang also emphasizes the significance of checking your credit file and understanding your credit score. He addresses questions about why lenders are reluctant to reduce rates and the challenges of finance during separations. Lets hear from Cang and Let’s wealth Coffee Chat!

Jason’s Live today highlights how different states have varying calculations for stamp duty, and how strategic property purchases—such as buying land or building in certain states—can reduce tax burdens. The host also explores methods to minimise capital gains tax, like owning property through a superannuation fund or trust, and the benefits of optimising PAYG variations and utilising offset accounts to decrease interest payments. Let’s Wealth Coffee Chat!