📚 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.

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

In this episode, we dive deep into Capital Expenditures (CapEx) assumptions for property underwriting. You'll learn what CapEx is and how it differs from repairs and maintenance. We discuss three methods to calculate CapEx: using one month's rent, using 10-15% of your income, and creating a lifecycle cost analysis spreadsheet. The host also shares tips on financing upfront repairs to manage costs and ensure long-term savings. Don't miss the valuable action plan provided at the end to help you accurately reflect CapEx in your property analysis.

00:00 Introduction to Capital Expenditures (CapEx)

00:10 Understanding CapEx and Its Importance

00:52 Calculating CapEx: Three Methods

01:17 Pro Tips for Managing CapEx

02:01 Building Your Own CapEx Spreadsheet

02:39 Final Thoughts and Action Plan

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, Lane discusses his decision to sell his Seattle rental properties despite the recent market appreciation and tech money influx. He explains the concept of Return on Equity (ROE) and its importance in evaluating real estate investments. Lane shares specific metrics and calculations, revealing that a 2% ROE from his Seattle properties was insufficient compared to other investment opportunities. He emphasizes the need to analyze and leverage 'lazy money' in real estate portfolios to achieve better returns. Lane concludes with actionable advice for investors to evaluate their properties systematically to optimize financial performance.

00:00 Introduction and Podcast Overview

00:06 Seattle Real Estate Market Insights

00:26 Evaluating Property Performance

00:49 The Concept of Return on Equity (ROE)

01:42 Decision to Sell and Reinvest

02:28 Action Plan for Investors

02:46 Conclusion and Call to Action

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.

In this episode, we discuss the importance of balancing work and play, using 'Settlers of Catan' as a metaphor for real estate investing. The video explores common regrets of those nearing the end of their lives and the necessity of having fun. We delve into the parallels between the strategy of the game and real estate investing, breaking down how different stages of investments mirror the game's resource requirements. Practical investment tips and exit strategies are also provided, along with an action plan to avoid analysis paralysis and encourage finding a mentor.

00:00 Introduction: A Different Kind of Topic

00:07 The Importance of Play

00:44 Settlers of Catan: The Game Everyone Should Know

02:05 Real Estate Investing Lessons from Catan

03:05 Strategic Investing: Planning for the End Game

03:19 Common Pitfalls and Lessons Learned

05:10 Action Plan and Conclusion

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.

In this episode, Lane discusses the importance of subscribing and reviewing the podcast to help it get featured on iTunes. He delves into his personal experience with turnkey property investing, including what turnkey providers do, the pros and cons of working with them, and how to vet potential companies. Lane also covers various methods of acquiring turnkey properties, such as working directly with providers, using marketers, and employing a hybrid approach. Additionally, he answers listener questions about investing strategies, 1031 exchanges, and the viability of REITs and crowdfunding. Tune in for advice and insights on building a profitable real estate portfolio.

00:00 Introduction and Podcast Promotion

00:32 Personal Real Estate Journey

00:49 Understanding Turnkey Investing

01:49 Turnkey Providers: Pros and Cons

04:43 Finding Reliable Turnkey Providers

10:40 Alternative Buying Methods

13:27 Investment Strategies and Tips

17:19 Listener Questions and Advice

21:19 Conclusion and Final Thoughts

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.