Moving Up the Wealth Elevator with Real Estate with Lane Kawaoka, Ep 96

Journey to Multifamily Millions

Today's guest is Lane Kawaoka, Lane is the author of multiple investing books and founder of thewealthelevator.com, where he empowers accredited investors in their quest for diversification and superior returns.

In this episode, Lane shares his path, which began with a single rental property and ended with over 10,000 real estate units. He emphasizes the value of passive income and the switch from managing properties directly to investing in syndications for greater returns and diversity. The complicated process of creating a profitable real estate portfolio, the value of surrounding oneself with like-minded investors, and how distinct investment methods are appropriate for different phases of wealth accumulation are also covered in the conversation.

Tim and Lane also discuss the dangers and difficulties associated with real estate investing, emphasizing the necessity of careful research and the value of taking lessons from both achievements and setbacks.

Episode Topics

[01:15] Meet our guest, Lane Kawaoka
[01:42] The Journey Begins: Lane's First Steps into Real Estate Investing
[05:59] The Pitfalls of Property Management and the Shift to Syndication
[10:46] Navigating the Complex World of Syndication Investing
[19:15] The Evolution of a Real Estate Investor: From Single-Family Homes to Billions in Assets
[30:57] The Wealth Elevator: Lane's Guide to Accelerated Wealth Building
[35:17] What is one red flag every investor should look out for?
[36:03] What is a myth about the real estate business?
[38:26] Connecting to Lane

Notable Quotes

• "Dump single-family rentals, leverage gains for value-add opportunities. Syndication offers commercial assets with less competition." - Lane Kawaoka
• Luckily I learned later, better than never. After college, I realized the potential of house hacking." - Tim Little
• "A natural progression is to move past single-family rentals. Syndication solves many problems." - Tim Little
• "Vetting people is where we, guys, are horrible. Wives are better at sussing out BS." - Lane Kawaoka
• "Surround yourself with like-minded investors. Ask for unvarnished feedback before investing." - Tim Little
• "Never take referrals from those not invested in past deals themselves." - Lane Kawaoka

👉Connect with Lane Kawaoka

• LinkedIn: Lane Kawaoka
• Website: TheWealthElevator.com
• Podcast: The Wealth Elevator
• Book: Wealth Elevator
• Email: [e-mail]

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [e-mail]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497