About
Hello my friends. Welcome back to Passive Real Estate Investing where we dive into the world of real estate investing among other related topics. To help you with your real estate investing journey, today we’re doing something a little different. We’re going to take a trip down memory lane and showcase an important episode from the past on what we call our throwback Thursday episode. Now, whether you’ve been with us since the beginning, which goes back to 2015, or you’re tuning in for the first time, this episode is a must listen, we are revisiting one of our more popular episodes from the past, and believe me, what we discussed back then, whether it’s six months ago or six years ago, is just as relevant today. So sit back, relax, and let’s rewind the clock for this great episode. Enjoy.
As a busy professional, it’s unlikely that you have hours to spend sifting through markets and properties and looking for that so-called “best deal” or even your next deal. Being time poor, which probably describes most of us, shouldn’t prevent you from growing and multiplying your hard-earned money. You don’t have to do it yourself. If you’re a busy professional or you’re just thinking about investing but don’t have the time, then you need the right team and you need the right mindset and you need the right guidance. Let’s talk about that with my next guest.
Throwback Thursday Episode (The episode originally took place in the year 2018)
Get your FREE copy of The Ultimate Guide to Passive Real Estate Investing.
If you missed our last episode, be sure to listen to TBT: Mindset Matters! Leveling Up Your Life Through Real Estate Investing
Give us a Rating & Review
It's my pleasure to bring on Lane Kawaoka to the show. Lane is a full-time civil engineer and a real estate investor from Honolulu, Hawaii. He has a portfolio of eleven single-family homes in places like Seattle, Birmingham, Atlanta, Indianapolis and Pennsylvania. He's also a partner in a syndication that controls currently over 1,300 apartment and RV units. After Lane’s parents got duped with their 401(k) in the stock market, he's made it a mission to help people get off the corrupt Wall Street roller coaster and focus on main street investments with safer higher returns that benefit the American middleclass. Lane, welcome to the show.
Thanks for having me.
It's great having you on. You and I seemed to have very similar investment philosophies and I love the work that you're doing and the articles that you write. I thought it was a good time to get you on the show and pick your brain a little bit about what you've done and how you've progressed as a real estate investor, especially from the state of Hawaii. You're investing literally thousands of miles away. Let's start the show off by learning about you. Tell us about your background and how you’ve got started investing in real estate.
I started on this linear path that a lot of people start on. They’re told to go to school, study hard, get a good job. I went to college to get an engineering degree. I graduated and I started working in the day job as a construction supervisor and went headfirst into that. I didn't know anything else. I saved my money to buy a primary residence to live in because that's what everybody told us to do. I bought a house and because I was traveling around and pretty frugal with my money, I was never home because I was traveling all the time for work, which a lot of times, when you're in that new job, you're the guy that travels all the time.
I started renting it out and the rent is for $2,200 a month and the mortgage is $1,600 a month. I was 22, 23 at the time. That was a lot of beer money and I was like, “I’ve got to do this again and again and again.” I didn't know anything about in Seattle. That was A-class building and I didn't know anything about cashflow or this 1% rule or rent evaluations or whatever. That got me motivated to save money because I had a reason to ...
As a busy professional, it’s unlikely that you have hours to spend sifting through markets and properties and looking for that so-called “best deal” or even your next deal. Being time poor, which probably describes most of us, shouldn’t prevent you from growing and multiplying your hard-earned money. You don’t have to do it yourself. If you’re a busy professional or you’re just thinking about investing but don’t have the time, then you need the right team and you need the right mindset and you need the right guidance. Let’s talk about that with my next guest.
Throwback Thursday Episode (The episode originally took place in the year 2018)
Get your FREE copy of The Ultimate Guide to Passive Real Estate Investing.
If you missed our last episode, be sure to listen to TBT: Mindset Matters! Leveling Up Your Life Through Real Estate Investing
Give us a Rating & Review
It's my pleasure to bring on Lane Kawaoka to the show. Lane is a full-time civil engineer and a real estate investor from Honolulu, Hawaii. He has a portfolio of eleven single-family homes in places like Seattle, Birmingham, Atlanta, Indianapolis and Pennsylvania. He's also a partner in a syndication that controls currently over 1,300 apartment and RV units. After Lane’s parents got duped with their 401(k) in the stock market, he's made it a mission to help people get off the corrupt Wall Street roller coaster and focus on main street investments with safer higher returns that benefit the American middleclass. Lane, welcome to the show.
Thanks for having me.
It's great having you on. You and I seemed to have very similar investment philosophies and I love the work that you're doing and the articles that you write. I thought it was a good time to get you on the show and pick your brain a little bit about what you've done and how you've progressed as a real estate investor, especially from the state of Hawaii. You're investing literally thousands of miles away. Let's start the show off by learning about you. Tell us about your background and how you’ve got started investing in real estate.
I started on this linear path that a lot of people start on. They’re told to go to school, study hard, get a good job. I went to college to get an engineering degree. I graduated and I started working in the day job as a construction supervisor and went headfirst into that. I didn't know anything else. I saved my money to buy a primary residence to live in because that's what everybody told us to do. I bought a house and because I was traveling around and pretty frugal with my money, I was never home because I was traveling all the time for work, which a lot of times, when you're in that new job, you're the guy that travels all the time.
I started renting it out and the rent is for $2,200 a month and the mortgage is $1,600 a month. I was 22, 23 at the time. That was a lot of beer money and I was like, “I’ve got to do this again and again and again.” I didn't know anything about in Seattle. That was A-class building and I didn't know anything about cashflow or this 1% rule or rent evaluations or whatever. That got me motivated to save money because I had a reason to ...