The Wealth Elevator Podcast: Real Estate, Taxes, Investing

Youtube link:  https://youtu.be/PgCGgxRCi2I

Website link: https://simplepassivecashflow.com/167lending/

Start learning about real estate investing - SimplePassiveCashflow.com/start

Subscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347

_________________________

Top SimplePassiveCashflow Posts:

This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. 

Events – SimplePassiveCashflow.com/events

Past Projects - crowdfundaloha.com/past-projects/

Simple Passive Cashflow’s Investor Friend Finder!!! – SimplePassiveCashflow.com/friends

Menu of Investing Options – SimplePassiveCashflow.com/menu

LaneHack – SimplePassiveCashflow.com/lanehack

Group Coaching Mastermind – SimplePassiveCashflow.com/journey

Coaching – SimplePassiveCashflow.com/coaching

Join our Private Investor Club – SimplePassiveCashflow.com/club

Join our Team – SimplePassiveCashflow.com/jointeam

Our Mission – SimplePassiveCashflow.com/mission

Partner Opportunity – SimplePassiveCashflow.com/partner

Products I support – SimplePassiveCashflow.com/products

About Lane Kawaoka – SimplePassiveCashflow.com/about-me

Quarterly Investor Updates – http://simplepassivecashflow.com/investorletter

SPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

Real Estate Book Recommendations – SimplePassiveCashflow.com/books

Backwards Engineering Happiness – SimplePassiveCashflow.com/happy

Rental Property Analyser – SimplePassiveCashflow.com/analyser

Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat

Start Here – http://simplepassivecashflow.com/start

Ultimate Simple Passive Cashflow Guide to…

1031 Exchanges – Simplepassivecashflow.com/1031guide

Newbies – SimplePassiveCashflow.com/noob

Infinite Banking – SimplePassiveCashflow.com/banking

Your Opportunity fund – SimplePassiveCashflow.com/ofund

Taxes – SimplePassiveCashflow.com/tax

Tradelines – Simplepassivecashflow.com/tradelines

Turnkey Rental Guide: simplepassivecashflow.com/turnkey

Syndication Guide – simplepassivecashflow.com/syndication

Crowdfunding – SimplePassiveCashflow.com/crowdfunding

Networking – SimplePassiveCashflow.com/people

Private Money Lending – SimplePassiveCashflow.com/lend

Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee

Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp

Rent don’t buy – SimplePassiveCashflow.com/home

Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe

How to Calculate Investment Returns – SimplePassiveCashflow.com/returns

Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp

Quitting your job – SimplePassiveCashflow.com/quit

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

Summary: We talk with this once Fire Protection engineer on his journey to FIRE via real estate. You can check out his website at jacobayers.com

Youtube: https://youtu.be/_0QNykk8ikc

Website: SimplePassiveCashflow.com/166jacob

Start learning about real estate investing - SimplePassiveCashflow.com/start

Subscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347

_________________________

Top SimplePassiveCashflow Posts:

This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. 

Events – SimplePassiveCashflow.com/events

Past Projects - crowdfundaloha.com/past-projects/

Simple Passive Cashflow’s Investor Friend Finder!!! – SimplePassiveCashflow.com/friends

Menu of Investing Options – SimplePassiveCashflow.com/menu

LaneHack – SimplePassiveCashflow.com/lanehack

Group Coaching Mastermind – SimplePassiveCashflow.com/journey

Coaching – SimplePassiveCashflow.com/coaching

Join our Private Investor Club – SimplePassiveCashflow.com/club

Join our Team – SimplePassiveCashflow.com/jointeam

Our Mission – SimplePassiveCashflow.com/mission

Partner Opportunity – SimplePassiveCashflow.com/partner

Products I support – SimplePassiveCashflow.com/products

About Lane Kawaoka – SimplePassiveCashflow.com/about-me

Quarterly Investor Updates – http://simplepassivecashflow.com/investorletter

SPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

Real Estate Book Recommendations – SimplePassiveCashflow.com/books

Backwards Engineering Happiness – SimplePassiveCashflow.com/happy

Rental Property Analyser – SimplePassiveCashflow.com/analyser

Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat

Start Here – http://simplepassivecashflow.com/start

Ultimate Simple Passive Cashflow Guide to…

1031 Exchanges – Simplepassivecashflow.com/1031guide

Newbies – SimplePassiveCashflow.com/noob

Infinite Banking – SimplePassiveCashflow.com/banking

Your Opportunity fund – SimplePassiveCashflow.com/ofund

Taxes – SimplePassiveCashflow.com/tax

Tradelines – Simplepassivecashflow.com/tradelines

Turnkey Rental Guide: simplepassivecashflow.com/turnkey

Syndication Guide – simplepassivecashflow.com/syndication

Crowdfunding – SimplePassiveCashflow.com/crowdfunding

Networking – SimplePassiveCashflow.com/people

Private Money Lending – SimplePassiveCashflow.com/lend

Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee

Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp

Rent don’t buy – SimplePassiveCashflow.com/home

Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe

How to Calculate Investment Returns – SimplePassiveCashflow.com/returns

Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp

Quitting your job – SimplePassiveCashflow.com/quit

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

Show notes - https://simplepassivecashflow.com/165pat/

Youtube - https://youtu.be/W7XOeeEDlOg

For more events check out - SimplePassiveCashflow.com/events

Start learning about real estate investing - SimplePassiveCashflow.com/start

Subscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347

_________________________

Top SimplePassiveCashflow Posts:

This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. 

Events – SimplePassiveCashflow.com/events

Past Projects - crowdfundaloha.com/past-projects/

Simple Passive Cashflow’s Investor Friend Finder!!! – SimplePassiveCashflow.com/friends

Menu of Investing Options – SimplePassiveCashflow.com/menu

LaneHack – SimplePassiveCashflow.com/lanehack

Group Coaching Mastermind – SimplePassiveCashflow.com/journey

Coaching – SimplePassiveCashflow.com/coaching

Join our Private Investor Club – SimplePassiveCashflow.com/club

Join our Team – SimplePassiveCashflow.com/jointeam

Our Mission – SimplePassiveCashflow.com/mission

Partner Opportunity – SimplePassiveCashflow.com/partner

Products I support – SimplePassiveCashflow.com/products

About Lane Kawaoka – SimplePassiveCashflow.com/about-me

Quarterly Investor Updates – http://simplepassivecashflow.com/investorletter

SPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

Real Estate Book Recommendations – SimplePassiveCashflow.com/books

Backwards Engineering Happiness – SimplePassiveCashflow.com/happy

Rental Property Analyser – SimplePassiveCashflow.com/analyser

Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat

Start Here – http://simplepassivecashflow.com/start

Ultimate Simple Passive Cashflow Guide to…

1031 Exchanges – Simplepassivecashflow.com/1031guide

Newbies – SimplePassiveCashflow.com/noob

Infinite Banking – SimplePassiveCashflow.com/banking

Your Opportunity fund – SimplePassiveCashflow.com/ofund

Taxes – SimplePassiveCashflow.com/tax

Tradelines – Simplepassivecashflow.com/tradelines

Turnkey Rental Guide: simplepassivecashflow.com/turnkey

Syndication Guide – simplepassivecashflow.com/syndication

Crowdfunding – SimplePassiveCashflow.com/crowdfunding

Networking – SimplePassiveCashflow.com/people

Private Money Lending – SimplePassiveCashflow.com/lend

Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee

Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp

Rent don’t buy – SimplePassiveCashflow.com/home

Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe

How to Calculate Investment Returns – SimplePassiveCashflow.com/returns

Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp

Quitting your job – SimplePassiveCashflow.com/quit

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

https://youtu.be/WlEecFo_6c8

Hunter is a full-time real estate investor and founder of Cash Flow Connections, a private equity firm based out of Los Angeles, CA. Since starting CFC, Hunter has helped more than 200 investors allocate capital to over 100 properties, which have a combined asset value of more than $350,000,000. In connection with these investments, he has worked with some of the most experienced and well-respected asset teams across the United States and Canada.

 1) How much simple passive Cashflow are you making today and how are you doing it?

(You don't need to give a number if you would like privacy. You can be vague such as halfway to quitting my job, cover my mortgage, Make 25% of my expenses, over $10k, although people like when people open up the kimono.)

I am a full-time passive investor since I am a syndicator and the owner of a PE firm that focuses on passive investments. My goal is to have my passive income be 5x my monthly expenses by 35. I would be happy to go into how that can be achieved. Of course, that is not truly "passive" but I think your listeners will find it interesting.

2) What is your Han Solo moment - Han Solo and his buddy Chewbacca from Star Wars were cruising around the galaxy as lowlife smugglers but then cross paths with Luke and Leia and his life took a pivot point. Describe the resistance that was the catalyst for change.

For me the European debt crises was my last straw moment. Unlike most investors, I was really excited about the opportunity which was presented in 2008, but later realized that stocks are just not a good investment vehicle for predictability and cash flow.

Did you "burn the boats" or did you let it happen naturally - was there an internal (you decided to make a change on own – what was thought process?) or external trigger (ie got fired from your job)?

I have had many moments like this through my career. 1) I realized that I couldn't invest in stocks. 2) Raising capital wasn't as easy as I thought it would be. 3) I didn't have any employable skills. 4) I had to make CFC work as it is truly my only option. 

3) Worst life/business moment what did you do after? Lesson learned?

Working at a Google ads sales job. I had no place in corporate America.

4) Current 2-week experiment and 6-month project? (90-180 day goal) A mark of a high performer is to put your ego aside and accept the help of others and mastermind maybe folks can help you by you asking.

I am trying CrossFit workouts. I am really trying to increase my productivity. Meditation. I'm putting on my first conference and working with my fiance' for the first time. 

5) What is your simple passive Cashflow number? Now imagine you had 2x that amount... Describe your ideal day, detailed routine, and what projects you are working on.

This sounds like an infomercial, but my ideal/perfect day is almost exactly like today, but I wish their was even more time in my unique ability, there were more zeros, and I had more opportunities to build more relationships with investors.

6) Something that you have recently or thought about “burning your cash” on for time savings or an improvement in quality of life.

I am considering hiring a Marketing Manager.

7) Something that you changed your mind on? Our ego often gets in the way of greatness.

Focusing on a mentorship program. I created it and don't know what to do with it.

8) In this sellers market... what are you investing in? What should a someone who does not have a substantial level of cashflow yet be investing in?

MHPs and self-storage. 

8) Tony Robbins identifies two large concepts that we are continually struggling to gain perfection at: #1-Art of Fulfillment and #2-Science of Achievement. If you died tomorrow and I were to email this to your kids a couple decades later… this is what they would hear.

1. What is your secret/hack for the "Science of Achievement?" Any secret habits to share? Morning or Nighttime ritual?
2. What is your secret/hack for the "Art of Fulfillment?" How you do contribute back?

Happy to go into the details of my morning routine, I am still working on the art of fulfillment, I haven't quite figured that out yet. I typically donate to disaster relief exclusively for reasons we can discuss.

Hunter is also the host of the Cash Flow Connections Real Estate Podcast, which helps investors learn the intricacies of commercial real estate from the comfort of their home, car, or office.

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

President and Co-Founder of Newton Group Transfers

Trusted timeshare exit company

Author of The Consumer's Guide to Timeshare Exit

·Featured as a timeshare exit expert in US News & World Report

· Why do most people want to get out of their timeshares?

· If you paid $20,000 for your timeshare, why you can’t sell it for a profit like most other real estate?

· Why won't the resort just take it back?

· Why do you say a 100% money back timeshare exit guarantee is not enough?

· Why do you say that going back to the resort is NOT a good idea? 

· Why does a secondary (resale) market for timeshares not exist?

· Why did Gordon write The Consumer’s Guide To Timeshare Exit?

For more events check out - SimplePassiveCashflow.com/events

Start learning about real estate investing - SimplePassiveCashflow.com/start

Subscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347

_________________________

Top SimplePassiveCashflow Posts:

This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. 

Events – SimplePassiveCashflow.com/events

Past Projects - crowdfundaloha.com/past-projects/

Simple Passive Cashflow’s Investor Friend Finder!!! – SimplePassiveCashflow.com/friends

Menu of Investing Options – SimplePassiveCashflow.com/menu

LaneHack – SimplePassiveCashflow.com/lanehack

Group Coaching Mastermind – SimplePassiveCashflow.com/journey

Coaching – SimplePassiveCashflow.com/coaching

Join our Private Investor Club – SimplePassiveCashflow.com/club

Join our Team – SimplePassiveCashflow.com/jointeam

Our Mission – SimplePassiveCashflow.com/mission

Partner Opportunity – SimplePassiveCashflow.com/partner

Products I support – SimplePassiveCashflow.com/products

About Lane Kawaoka – SimplePassiveCashflow.com/about-me

Quarterly Investor Updates – http://simplepassivecashflow.com/investorletter

SPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

Real Estate Book Recommendations – SimplePassiveCashflow.com/books

Backwards Engineering Happiness – SimplePassiveCashflow.com/happy

Rental Property Analyser – SimplePassiveCashflow.com/analyser

Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat

Start Here – http://simplepassivecashflow.com/start

Ultimate Simple Passive Cashflow Guide to…

1031 Exchanges – Simplepassivecashflow.com/1031guide

Newbies – SimplePassiveCashflow.com/noob

Infinite Banking – SimplePassiveCashflow.com/banking

Your Opportunity fund – SimplePassiveCashflow.com/ofund

Taxes – SimplePassiveCashflow.com/tax

Tradelines – Simplepassivecashflow.com/tradelines

Turnkey Rental Guide: simplepassivecashflow.com/turnkey

Syndication Guide – simplepassivecashflow.com/syndication

Crowdfunding – SimplePassiveCashflow.com/crowdfunding

Networking – SimplePassiveCashflow.com/people

Private Money Lending – SimplePassiveCashflow.com/lend

Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee

Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp

Rent don’t buy – SimplePassiveCashflow.com/home

Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe

How to Calculate Investment Returns – SimplePassiveCashflow.com/returns

Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp

Quitting your job – SimplePassiveCashflow.com/quit

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

https://youtu.be/y1DNdnOJLoQ

For Simple Passive Cashflow Hui Deal Pipeline Members book a complimentary session to the CPA/Legal team I use here. - http://bit.ly/2WbIiuF

2018 Tax Cuts and Jobs Act

2019 Changes vs 2018 Changes

Tax brackets changed

Mileage 54 to 58 cents

Alimony - only decrees 2019 and beyond

Standard deduction up

Retirement amounts incrementally up

Opportunity Fund Zone

For flippers only?

Shelter non real asset gains like stock gains?

Deducting Meals?

With Spouse?

With Client?

Take Lane of to lunch or Toby out to Beerlab when he comes to Hawaii?

Can you deduct rental expenses when you have no rental income?

You can have deductions as long as you have a property ready to be rented out. Even if it sits vacant - as long as its ready.

Paying your kids and parents.

Writing off car just for driving around with add on door?

Toby Mathis, Esq.

Founding Partner, Attorney, Author & Business Tax Expert

He sits on the board of directors for several companies and was recently appointed to the local board of Entrepreneurs’ Organization, a worldwide association of owners of successful businesses. He has authored more than 100 articles on small business topics and has written several books on good business practices, including first, second and third editions of Tax-Wise Business Ownership and 12 Steps to Running a Successful Business.

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

Full notes - https://www.SimplePassiveCashflow.com/duncan

Start learning about real estate investing - SimplePassiveCashflow.com/start

Subscribe to the Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347

_________________________

Top SimplePassiveCashflow Posts:

This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. 

Events – SimplePassiveCashflow.com/events

Simple Passive Cashflow’s Investor Friend Finder!!! – SimplePassiveCashflow.com/friends

Menu of Investing Options – SimplePassiveCashflow.com/menu

LaneHack – SimplePassiveCashflow.com/lanehack

Group Coaching Mastermind – SimplePassiveCashflow.com/journey

Coaching – SimplePassiveCashflow.com/coaching

Join our Private Investor Club – SimplePassiveCashflow.com/club

Join our Team – SimplePassiveCashflow.com/jointeam

Our Mission – SimplePassiveCashflow.com/mission

Partner Opportunity – SimplePassiveCashflow.com/partner

Products I support – SimplePassiveCashflow.com/products

About Lane Kawaoka – SimplePassiveCashflow.com/about-me

Quarterly Investor Updates – http://simplepassivecashflow.com/investorletter

SPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

Real Estate Book Recommendations – SimplePassiveCashflow.com/books

Backwards Engineering Happiness – SimplePassiveCashflow.com/happy

Rental Property Analyser – SimplePassiveCashflow.com/analyser

Visit Lane in Hawaii – SimplePassiveCashflow.com/retreat

Start Here – http://simplepassivecashflow.com/start

Ultimate Simple Passive Cashflow Guide to…

1031 Exchanges – Simplepassivecashflow.com/1031guide

Newbies – SimplePassiveCashflow.com/noob

Infinite Banking – SimplePassiveCashflow.com/banking

Your Opportunity fund – SimplePassiveCashflow.com/ofund

Taxes – SimplePassiveCashflow.com/tax

Tradelines – Simplepassivecashflow.com/tradelines

Turnkey Rental Guide: simplepassivecashflow.com/turnkey

Syndication Guide – simplepassivecashflow.com/syndication

Crowdfunding – SimplePassiveCashflow.com/crowdfunding

Networking – SimplePassiveCashflow.com/people

Private Money Lending – SimplePassiveCashflow.com/lend

Investing in Coffee/Cocoa – SimplePassiveCashflow.com/coffee

Investing in Non-Preforming Notes – SimplePassiveCashflow.com/ahp

Rent don’t buy – SimplePassiveCashflow.com/home

Investor Fallacy: Return of Equity – SimplePassiveCashflow.com/roe

How to Calculate Investment Returns – SimplePassiveCashflow.com/returns

Why you should break up with your Financial Planner – SimplePassiveCashflow.com/fp

Quitting your job – SimplePassiveCashflow.com/quity

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

Discussion of China Trade Wars, where we are in the cycle, and new marco economic concepts.

Use code "LANE" for 50% off the Macro Watch! https://richardduncaneconomics.com/product/macro-watch/

Subscribers to Macro Watch will receive:

• Approximately 25 Macro Watch videos per year. A new video will be uploaded roughly every two weeks.
• Richard Duncan’s two video courses:

1. Capitalism In Crisis: The Global Economic Crisis Explained
2. How The Economy Really Works

• Access to all past issues of Macro Watch*

Richard Duncan is the author of three books on the global economic crisis,

including the international bestseller, The Dollar Crisis: Causes,

Consequences, Cures, which forecast the global economic crisis of 2008.

Since beginning his career as an equities analyst in Hong Kong in 1986,

Richard has served as global head of investment strategy at ABN AMRO

Asset Management in London, worked as a financial sector specialist for the

World Bank in Washington D.C., and headed equity research departments

for James Capel Securities and Salomon Brothers in Bangkok. He also

worked as a consultant for the IMF in Thailand during the Asia Crisis.

He is now the publisher of the video-newsletter Macro Watch, which can be

found on his website:

http://www.richardduncaneconomics.com/

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

Sheets & Notes - https://simplepassivecashflow.com/rossengr/

Video - https://youtu.be/0pkjUXdKRrc

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

Free 101 Assisted Living Course - http://bit.ly/2WZazEV

YouTube - https://youtu.be/HsAzsoGOTdg

Gene Guarino, CFP and Founder of the Residential Assisted Living Academy is regarded as "the" expert in the residential senior housing space.

Learn more about the asset class - SimplePassiveCashflow.com/alf

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