We sit down with Lane Kawaoka, a civil/industrial engineer turned passive income mastermind who currently owns 6,000 rental properties, and he teaches us how he started doing passive real estate investing.
Lane deep dives into his story of how he transitioned to the passive investing world plus the initial challenges and learning curve that he had in real estate investing. He also shares key metrics to follow, the system that he uses, syndication, and using money and savings then playing offense with it.
Further, he reveals how he lost money when he had deals with bad people. He also talks about diversifying, his grinder mentality, and expected return of investment for passive investors as opposed to general partners.
Lane also provides an argument regarding the institutionalization of using blockchain technology in real estate investing. He also explains the pros and cons of this setup.
Time Stamps
2:05 Metrics To Follow in Real Estate Investing
3:24 Challenges, Learning Curve, and Starting a Real Estate Investment
5:33 Average Transaction Costs
7:07 Divvying Out Returns and Syndication
8:40 ROI for Passive Investors VS General Partner
10:07 Lane’s Story on How He Transitioned to the Passive Investing World
11:29 Exit Strategy
14:21 The Grinder Mentality
17:02 The Science of Achievement VS The Art of Fulfillment
18:12 Taking the Money and Playing Offense with It
21:00 Knowing How To Work the System
22:36 Deals with Bad People
23:55 Lane’s Vision of a Boutique Company
24:42 Diversifying Until You Find the Right Relationship
25:38 Expected ROI After Investing in Real Estate
31:15 The Future of Real Estate Investing Using Blockchain
39:27 Why People Parlay their Cryptos on Real Estate
To learn more about passive real estate investing, check out Lane Kawaoka’s website here: https://simplepassivecashflow.com
Check out Lane’s podcast Passive Real Estate Investing via Simple Passive Cashflow on your favorite podcast player.
We appreciate you tuning into this week’s new podcast episode. Show us some love by heading over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word by sharing your favorite episodes on social media.
Get your daily dose of financial inspiration on Twitter: @New_MoneyGang
Read more about how to make money online with the internet as the key driver here: https://newmoneygang.com
Connect with us on Telegram: http://t.me/NewMoneyGang
Connect with us Instagram: https://www.instagram.com/new_moneygang/
You can also find us on Facebook: https://www.facebook.com/NMGshow/
Hosts:
Justin:
https://twitter.com/JustinC_ATX
https://www.instagram.com/justinc.atx
Bryan:
https://www.instagram.com/emory_xp