Lane Kawaoka is the founder of Simplepassivecashflow.com that helps entrepreneurs and professionals grow their wealth.
After 12 years as a Licensed Professional (PE) Civil/Industrial Engineer, he fired the boss and began to focus 100% of his time on investing and helping others with his Passive Investor Accelerator & Mastermind.
Lane began investing in 2009 in rainy Seattle, and being a ramen eating cheapo he was able to buy a property early right after college.
After discovering the difference between ‘Cashflow Investing’ and ‘appreciation investing (gambling/speculating)’…he moved his portfolio into 11 single family rentals in Birmingham, Atlanta, Indianapolis, and Pennsylvania.
Today, he is investing in syndications which invest in Class C & B Multi-Family Apartment, RV Parks, mobile homes, and assisted living facilities because of this Nation’s demand for affordable housing – not rich people Class-A assets.
His mission is to help regular people into good deals that were once only accessible to the rich. The passive income from investing in stabilized rental properties made it possible for Lane to move back home to Hawaii where the cost of paradise is 10%+ cost of living and -30% less pay for comparable jobs in the US mainland.
There he was able to live a lifestyle where he was able to bike to work. It did not take him long however to finally quit the day job and ditch the e-bike for a Mercedes.
Annoyed by the bogus real estate education programs out there (that take money from people who don’t have it in the first place), he set out to make a free website to help other hard-working professionals, the shrinking middle-class dispel the Wall-Street dogma of traditional wealth-building and offer an alternative to “garbage” investments in the 401K/mutual funds that only make the insiders rich.
He helps the hard-working middle-class build real asset portfolios by providing free investing education, podcasts, and networking plus access to investment opportunities not offered to the general public.
“The true meaning of wealth is having the freedom to do what you want, when you want, and with whom you want. Building cash flow via real estate is the simple part. The difficult part occurs after you are free financially to find your calling and fulfillment. But that’s a great problem to have ;)” excerpt from “The One Thing That Changed Everything”
What you will learn
- A top recommended book - “The Millionaire Real Estate Investor' by Gary Keller
- The importance of a 1% rent to value ratio (RV)
- Why investing for capital gain (or appreciation) is like gambling
- Why you should look to invest in secondary real estate markets
- Why you should focus on the real estate for the middle class
- Why Lane moved from a direct ownership model of investing in real estate into more passive “Limited Partner” syndication deals.
- Why a good deal is based 50% on the numbers and 50% on the people involved
- The importance of doing the research before buying
- Why savvy real estate investing needs good peer networks.
- The importance of podcasting for building business networks
- How real learning happens. By doing.