Your First Rental Property: Build Passive Income Without Becoming a Landlord

Introduction


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In this episode, Lane, an engineer with a busy W2 job, shares his personal approach to making passive income through real estate. He emphasizes the importance of recognizing one’s skills, resources, and limitations, and differentiates passive investing from more active real estate strategies like flipping and wholesaling. Lane introduces key concepts such as the 'time, money, experience triangle' and 'FYM' (FU Money), advocating for strategic outsourcing and focusing on highest and best use. This episode is geared towards busy professionals, affluent individuals looking for better returns, and skeptics of traditional investments, providing actionable insights on achieving financial freedom.


00:00 Introduction to Passive Income via Real Estate

00:28 Active vs. Passive Real Estate Strategies

01:45 Ethical Considerations in Real Estate Investing

02:46 The Time-Money-Experience Triangle

04:25 Who This Site is For

05:28 Achieving Financial Freedom

07:27 The Crossover Point and Beyond

09:39 Future Plans 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.

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.

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Your First Rental Property: Build Passive Income Without Becoming a LandlordBy Lane Kawaoka

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