📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/firstdeal

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

On the Best Real Estate Investing Advice Ever Show with Joe Fairless, engineer and podcaster Lane Kawaoka shares how he built a portfolio of 11 out-of-state single-family rentals in markets like Birmingham, Atlanta, Indianapolis, and Pennsylvania after getting priced out of Seattle. He explains his shift from turnkey providers to working with agents for third-party street and rent-roll validation, plus his fast screening method using a 1% rent-to-value ratio and a quick cashflow estimate (about 70% of rent collected after expenses, targeting roughly $200/month after a typical $500 mortgage). Lane discusses financing with conventional Fannie Mae loans up to 10 properties and using a portfolio loan for the 11th, why he took a pay cut to reclaim time, maintenance realities across 10+ homes, and his plan to scale via apartments and syndication. His key advice is to match strategy to your time, money, and knowledge.

00:00 Podcast Intro

00:48 Lane Origin Story

01:58 Time Over Salary

02:17 Finding Out Of State Deals

03:34 Turnkey Versus Agents

05:14 Quick Deal Analysis

07:35 Financing And Loan Limits

08:21 Scaling Beyond Single Family

09:44 Best Advice Skills Triangle

11:15 Lightning Round Lessons

13:51 Mistakes And Cashflow Buffer

14:48 Wrap Up And Where To Find

Connect with me:

LinkedIn: https://www.linkedin.com/in/lanekawaoka/

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/firstdeal

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

In this episode, Lane discusses a recent interaction with an HGTV casting director, his experiences with buying out-of-state rental properties, and answers a series of listener questions. Topics include the necessity of visiting property locations, recommendations for turnkey providers, selecting tenant-grade materials, market analysis for various cities, and managing out-of-state properties. Lane provides insights on investing in newer vs. older homes, handling non-responsive turnkey companies, and the financial viability of investments in different markets. He emphasizes the importance of building trust with local teams and being patient in a competitive seller's market.

00:00 Introduction and Casting Call Story

00:24 Listener Questions: Visiting Locations

01:56 Turnkey Recommendations and Market Analysis

05:19 Tenant Grade Materials and Upgrades

10:13 Managing Out-of-State Properties

11:02 Final Thoughts and Advice

Connect with me:

LinkedIn: https://www.linkedin.com/in/lanekawaoka/

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/firstdeal

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

In this episode, Lane shares his recent experiences with HVAC repairs, explaining the costs and logistics involved. He then transitions into a critical discussion about the stock market, highlighting the downsides of individual stock trading and questioning the long-term reliability of market returns. Lane contrasts the work of engineers who create tangible products with financial traders, and expresses concerns about the influence of large corporations on government policies. The episode concludes with a call for awareness and a teaser for upcoming real estate-focused content.

00:00 Introduction and HVAC Troubles

01:46 The Problem with the Stock Market

03:03 Technical Analysis and Trading Strategies

04:27 The Pitfalls of Stock Trading

06:42 Corporate Influence and Economic Realities

07:37 Conclusion and Future Content

Connect with me:

LinkedIn: https://www.linkedin.com/in/lanekawaoka/

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/firstdeal

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

In this episode, the host addresses a series of 22 critical questions to ask turnkey real estate providers to ensure successful property investment. Topics include understanding the structure of the provider's company, their processes, financing options, property inspections, and the importance of due diligence. The video emphasizes the necessity of interviewing providers, learning through conversation, and fine-tuning one's BS detector to avoid pitfalls. Viewers will learn how to approach turnkey real estate investments critically and strategically to mitigate risks and make informed decisions.

00:00 Introduction and Purpose of the Video

00:16 Importance of Interviewing Turnkey Providers

00:59 Detailed Breakdown of Key Questions

02:35 Financing and Inspection Considerations

04:22 Understanding the Turnkey Process

06:36 Evaluating Turnkey Providers

09:56 Final Thoughts and Action Plan

Connect with me:

LinkedIn: https://www.linkedin.com/in/lanekawaoka/

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/firstdeal

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

In today's episode, the focus is on a real estate investor's personal portfolio and the strategic decisions made to enhance cash flow. The host shares details of a significant transition involving a series of property sales and purchases spanning from October 2015. Dubbed the '10 31 Orama,' this phase aimed at increasing monthly cash flow from $1,000 to over $3,000 by trading less profitable properties for better ones. Key topics include the importance of Return on Deployable Equity (ROE), strategies to maintain financial buffers in rental investments, and the challenges and lessons learned in navigating Fannie Mae loan processes. The discussion also touches on pitfalls in the due-diligence process and best practices for managing 10 31 exchanges. The episode culminates with the host's current focus on writing a book to guide new investors in their first rental property purchase and an invitation for interested individuals to get involved.

00:00 Introduction to My Personal Portfolio

00:12 The 10 31 Orama Explained

00:36 Seattle Real Estate Market Insights

01:04 Repositioning Investments for Better Returns

02:10 Challenges and Strategies in Real Estate Investing

04:00 Navigating the 10 31 Exchange Process

05:00 Conclusion and Future Plans

Connect with me:

LinkedIn: https://www.linkedin.com/in/lanekawaoka/

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/firstdeal

🤝 Join the Hui Deal Pipeline Club and get a one-on-one call with me to discuss your investment goals: https://thewealthelevator.com/club

In this video, I discuss how to effectively use BiggerPockets as a passive real estate investor. I'll share insights on why it's important to take advice from the forums with a grain of salt and highlight the difference between active and passive investors. While BiggerPockets is a fantastic resource, it's essential to recognize that many vocal users are seasoned pros in real estate. Despite this, I'll explain why real estate remains the best investment vehicle and how even lukewarm deals can outperform the stock market. Join me as I share personal experiences and valuable tips for navigating the world of real estate investment as a passive investor.

00:00 Introduction to Using BiggerPockets Wisely

00:15 Evaluating Personal Investment Strategy

00:35 Understanding BiggerPockets Community Dynamics

00:57 The Reality of Passive Investing

01:26 Conclusion and Key Takeaways

Connect with me:

LinkedIn: https://www.linkedin.com/in/lanekawaoka/

Facebook: https://www.facebook.com/TheWealthElevator

Instagram: https://www.instagram.com/TheWealthElevator

Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

🎁 Start your journey with Lane’s free Remote Rental eCourse at theWealthElevator.com/firstdeal

In this episode, we dive into the impact of mindset and money in real estate investing. We compare the past caste system to modern financial divides and share personal experiences transitioning from single-family homes to apartments. Learn the importance of collaboration over competition and gain actionable insights into networking with an abundance mindset in the real estate community. Concluding with a practical action plan, this talk encourages building synergies and fostering helpful relationships.

00:00 Introduction and Importance of Reviews

00:02 Mindset and Money: The Modern Caste System

00:20 Starting in Real Estate: My Journey

00:36 Challenges in Wholesaling and Bird Dogging

01:03 Competition in Rental Investments

01:20 The Scarcity Mindset in Real Estate

01:39 Shifting to a Collaborative Approach

01:57 The View from the Top: Investing in Apartments

02:19 The Abundance Mindset and Success

02:57 Action Plan for Real Estate Success

03:30 Conclusion and Farewell

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.

🎁 Start your journey with Lane’s free Remote Rental eCourse at theWealthElevator.com/firstdeal

In this episode, we explore essential reads from a passive investor's perspective. The host shares recommendations, including four critical real estate books: 'Rich Dad Poor Dad', 'Millionaire Real Estate Investor', 'Cashflow Quadrant', and 'Equity Happens'. Additionally, three top business books are suggested: 'The Four-Hour Work Week', 'E-Myth', and 'Think and Grow Rich'. The episode emphasizes the importance of taking action alongside reading and offers an action plan to get started in real estate investing. Visit simplepassivecashflow.com for more resources and to support the site through affiliate links.

00:00 Introduction to Passive Investing

00:25 Essential Real Estate Books

02:21 Key Business Books for Investors

03:27 Taking Action Beyond Reading

04:38 Final Thoughts and Resources

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

Hosted on Acast. See acast.com/privacy for more information.