This week’s guest is an engineer turned real estate investor. Lane Kawaoka is now living the dream in Hawaii, and doing what he loves thanks in part to the passive portfolio he’s been able to build over the years. He sits down with me for this episode of Skyline Views to discuss his investing strategy, analyzing deals, and analyzing markets.
Key Points:
How Lane got his start in real estate (0:22)
The first and sometimes biggest stumbling block for investors (1:07)
The role of the 1% rule (2:14)
What KPI does Lane take into account when first considering a new MSA? (3:01)
Safety in how you buy and how you run your numbers up front (6:23)
Lane’s systems for organization and management (8:48)
Emergency fund 2.0 (10:42)
What attracts Lane to a syndication deal (13:47)
How is Lane structuring his portfolio these days (15:14)
The new asset class Lane is looking at in 2021 (17:52)
What markets is Lane looking at in 2021? (20:18)
Resources:
Lane’s Website - https://simplepassivecashflow.com/
Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/
Learn more about The Haney Company here – https://www.thehaneycompany.com/
Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050
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I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
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