Blogs

2018 Trends in Population Movement

2017 Data is in! See PDF report
1) Population migrations
2) Uhaul Report (Blue collar jobs)
3) Van Line Report (White collar jobs)
4) 2018 Best Places for young professionals
Download Here: https://drive.google.com/file/d/1IVzN3besQka_abGTHyMK9vcjrQ3n4Mrt/view?usp=sharing
Hui Pipeline Club Members get access to the 1 hour webinar on 2018 trends!

Podcast#92 – #LaneHack – Coaching & Group Coaching Programs

Fill out this intake form and Email Lane@SimplePassiveCashflow.com

More details: SimplePassiveCashflow.com/coaching

 

Coaching packages including everything Lane knows and following elements:

Pick the path that is right for you:

    • Buy Hold Rentals
    • Remote Turnkey Rentals
    • Go big with Apartment Investing
    • Decoding Syndication as a Limited Partner
    • Raise money from others and Syndicate
    • Building a team

 

Find & Analyze deals

    • Be able to point out Sucker deals for “Californians”
    • Underwrite the property conservatively via cashflow analysis
    • Get every dollar on the table in the due-diligence period and punch list negotiation
    • Get the best financing option with Lane’s preferred lenders
    • Leverage Lane’s Deal-flow and Rolodex

 

Put it all together

    • How to setup your personal systems to not go crazy
    • Balance with your full-time job
    • Optimize taxes with my best practices and the proven professionals to advice you
    • Best technology to use
    • Learn the investor mindset and remove limiting beliefs
    • Future goal setting and clear 5-year plan after our program is over

 

Other possible scope of services

    • Growing your brand
    • Syndicate big and small deals
    • Start your own podcast
    • Internet marketing
    • Networking the right way

More details: SimplePassiveCashflow.com/coaching

Podcast #91 – 2017 Recap – Hui Deal Pipeline Club acquires $50M of real estate and raises $3.5M for syndications

Correction: Hui Deal Pipeline Club acquires $50M of real estate and raises $3.5M for syndications

2017 Recap

An amazing year which started on January 1 2017 me waking up in Atlanta after seeing my Washington Huskies getting destroyed by Alabama in the Peach Bowl and traveling to Birmingham to look at some turnkey rentals.

A year of changes & 2018 Preview

Let me know if you visit Honolulu! Let me pick you up from Honolulu Airport and have a consult for some tax savings.

  • The first change this year was that old website that looked like “Flubber blew up” is gone and replaced with a decent website. I was also looking back at some old email newsletter that I sent out with some funny Gifs which I will post on the email newsletter and website.

 PS THE BOOK IS COMING! EMAIL ME FOR A FREE COPY 😉

Here is video walkthrough of the new one: https://share.viewedit.com/iPBEYsNWW9uuvsZWJewFb3

  • I have been making additions to the YouTube Channel not found on the website so please Subscribe and Share: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ
  • Personally I got up to 825 units… most of which in the second half of 2017 after a very quiet 2015-2016.
  • I am migrating to a new database that will support over 900 investors in the Hui Deal Pipeline Club. Please fill out the following form so I can keep you up to date on the latest deals I come across… The new database is pretty slick so based on your answers.
    1. Acquired $35M Total real estate, 589 units acquired, 2M raised for syndications (Coffee, apartments, RV parks, Private money lending)
  • With the success of our last four syndications and raising the following for the Hui Deal Pipeline club (https://simplepassivecashflow.activehosted.com/f/3) I will continue to expand the opportunities by continuing my membership in an Apartment mentoring group as well as a Syndication Mastermind to get access to higher quality deals. I spent $60,000 in 2016 and $30,000 in 2017 on expanding my network and knowledge and will continue to do this to produce the best deals and content. Going to goals seminar in January and will be thinking of where to take this. – The initiative not to “train my investors down” and improve my due-diligence. Help me help us!
“I started the Hui Deal Pipeline Club because I want to see each of you get to your goals financially so you can focus on what is really important to you. There are other fundraisers out there that will train their investors down to 10-15% IRRs on crappy deals and do “deals to do deals” or to pick up acquisition fees. Between investing alongside you folks and wanted to grow my track record the right way with the best product I know you guys will keep coming back and bring your friends.”

Projects to come in 2018:

Action Items:

  • Let me know if you are interested in coaching, group coaching, or the Mastermind
  • Let me know what are you working on these days? What has got you blocked? I might have a contact or input that may help! Lane@simplepassivecashflow.com
  • Can you help me spread the word of the podcast? Can you make an email intro to me of anyone you think would like additional exposure on the SimplePassiveCashflow Podcast?

My goal is to help others escape the rat race. Please share it with your friends and family because after all, once you have left the day job you won’t have anyone to have a lunch date with during the ‘regular’ work week.

We have all heard that you are the average of the 5 people you hang out with most but I would argue that the 5 people you keep in company, can be the end of you. Choose your supporting cast wisely and consciously. Be aware of unconscious mentors, ie podcasts, tv, radio, books you read. I’m all about automation and spending my time of things that are more important.

So you can just copy and paste the below:

Hey Man, I just checked out this blog with podcast where they actually show how to buy passive real estate investments to build streams of income to leave the day job.. They have this free 10 course “Think Outside the Cubicle” series with access to spreadsheets, mindset tips, networking offers, and deal-flow access.. Here is the sign-up for just the website updates: https://simplepassivecashflow.activehosted.com/f/1

 

Podcast links:

 

Google Android Phones: https://goo.gl/app/playmusic?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&link=https://play.google.com/music/m/Iwlprtpxn4qim36w6buokzgg6ha?t%3DSimple_Passive_Cashflow_Podcast

 

Apple iPhone: https://itunes.apple.com/us/podcast/simple-passive-cashflow-podcast/id1118795347?mt=2

 

YouTube: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ

And if you want to cherry pick for specific investing topics here is the spreadsheet with a summary of every Simple Passive Cashflow Podcast: https://drive.google.com/open?id=1FJ8rBA-SxQ50KJpQP1lppHC9UNLGLS2mIQS899X8__A

With the year closing I urge you to take a time out and ponder the following.

Don’t just read the questions… set the timer for 10 minutes and just think.

  • In an ideal world, what would your upcoming year look like?
  • What do you wish for in the new year?
  • What dreams would you like to come true?
  • What goals would you like to pursue and achieve?
  • What new knowledge would you gain?
  • What new skills would you acquire?
  • How much money would you make?
  • How much money would you save?
  • How much would you weigh?
  • How many miles would you be able to run?
  • How fit would your muscles be?
  • What new, powerful relationships would you like to forge?
  • What exotic places would you travel to?
  • What new job would you have?
  • What promotion would you receive?
  • What fun things would you do?
  • How much time would you spend with your family?
  • What would your ideal, perfect day look like in the new year?

 

 

 

Podcast #90 – Fundamentals – Scaling up through raising money with Victor Menasce

2010 – Moved from Tech job

Quickly scaled up his business and ran out of money

Infill = urban setting

greenfield = land up

Started with JVs by small residential projects and expanded to apartments

It’s not about the deal… It’s about the team

Someone told him to focus on raising money

Fundraise or Deal Operator

MFH is resilient to cycles but most of the larger projects have too many offers on one property… You don’t want to be the winning offer

Use interest rate reserve as another line item in the budget

Demand for class A is not there for what is built

Find where the line is in a city and move the line

Don’t ask about a general city, ask about a few block radius

Student housing – look at the local market for overbuilt from university (look at bedroom alignments)

Unclear about military housing near bases which is like having one employer

Tax abatements offered on government stimulus for possibly 10 years

Non-resident owner might not be eligible for FEMA assistance

SFH property has all your cash in the deal

2008 was a banking crisis, not a real estate crisis

Does not have paper assets because his old CEO lied to the public and realized that the small investor has no control

Podcast#089 – #LaneHack – Using the App ‘If Then Then If’ and other automation hacks from your emails and random hacks

• Set up location based automations

• Setup routine maintenance reminders

• Set up news alerts

• Have weekly updates so you can batch tasks and updates

• Have alerts exception based via text or email

• Followupthen.com

• File away your emails

• Pull tasks don’t push it to you

• Using gmail tags like “At home”, “Bank Statement”, “When you have time”, “Stuff to do when I’m tired”

• GTD by David Allen

• 7 Habits of Effective People

• Trello app

• Don’t go to grocery story at busy times and park far away

Podcast#088 – Interview with Jason Yarusi – Flipping is just a JOB and going Large Apartments

• Sold off short term rentals and now Large MFH investor

• Started in family construction business for framing

• Started flipping then rentals

• Moved from using cash for everything to using leverage

• You can bring Money Time Knowledge or deal

• Team up with Lane 😛

• Push through bad experiences

• A year of learning MFH before going into it

• Getting your Fannie Mae card is key via a mentor

• Add value to a mentor

• Keep your focus but pivot quickly

• Mediation and running helps him set the day

• Focus on where you want to be

• Check out the classifieds in newspapers

Are you stuck holiday shopping?

Sitting around waiting in lines or family to finish holiday shopping? Here is some good reading?

https://www.cnbc.com/2017/12/14/older-wealthier-americans-are-the-new-renters.html

https://www.realpage.com/mpf-research/leaderboard-annual-permits-remains-largely-unchanged-october/

https://www.axiometrics.com/resources/axio-media/blogs/marriage-family-household-statistics-could-help-explain-propensity-to-rent/

http://www.nreionline.com/multifamily/has-multifamily-market-growth-been-stronger-urban-or-suburban-settings

https://alndata.com/multifamily-floorplan-distribution/?utm_source=December2017Newsletter&utm_medium=Email&utm_campaign=Read+the+Article

Like this type of content? Please email to a friend! Want to join the closed Facebook group? Use this link to setup a time to chat: https://calendly.com/simplepassivecashflow/20

Podcast#087 – Fundamentals – Interview with Dana Dunford -What amenities should I provide my rentals and new technologies.

In this episode we discuss:

• Nest automates thermostats and one day in the near future is a good implementation in B rentals

• HVAC or dishwasher breaks and technology can alert you

• Technology good for B and A class

• Class B rentals are having Amazon lockers and these Nest thermostats

• Know your avatar

• At one time backsplash in kitchens was unheard of and now its a cheap fix

• What is standard in the market? Dishwashers, garage doors, laundry price, etc..

• Zillow gives good filters for amenities like washer and dryers

• Ask your property management what is standard

• SFH’s should have the tenant paying the utilities

• RUBS is Reimbursement Utility Billing System

• Skeptic on keyless entry soon but good for short term rentals

• A lot of new hardware and software coming but lets try it out at our own homes first yea 😁

• Use the technology in your rentals for tracking and monitoring

• Don’t have personal relationships with your tenants

• Property manager’s are the most critical people on your team and go off referrals

• Yelp is just angry vendors writing bad reviews for each other

• I look for the negative reviews as a good thing because they don’t want to cave in to resident requests

• A nest thermostat or Thanksgiving turkey might be a good gift to bait a longer contract

You are Invited to Hawaii

Visiting Hawaii? Drop in for a business meeting? Support local businesses yea!

Check out this updated page: SimplePassiveCashflow.com/retreat

I moved back to Hawaii because people here have got wealth building all wrong – a lot of equity, generational wealth, and saving/losing their money in the Bank. Teaming up to redirect money from the Wall-Street casinos and corrupt financial institutions…To help the endangered ‘Middle Class’ savers find safer, more profitable investments in Main Street opportunities benefiting local communities 808 style. Begin with the end in mind is what the smart folks say… so I am trying to work backwards and continue to bring the best deals to you loyal podcast listerns. Real talk guys… I’m trying to change the world.

SimplePassiveCashflow.com is for working professionals who are looking for diversification and better returns outside of traditional investments such as mutual funds and stocks. The Hui Deal Pipeline Club is a free investor club where I filter investments and underwrite the numbers and partners myself. Unlike other investor lists and groups, my investors have personal access to me and know that I personally have skin in the game investing alongside with my investors.

Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.

 

‘Drink & Grow Rich’ with Real Estate Investing: Topic – Private Lending

5:30PM-6:00PM – Open Networking

6:00PM-6:20PM – Lane Kawaoka from SimplePassiveCashflow.com will discuss his last Private Money Lending deal where he lent money to a home flipper to collect a passive return. 6:20PM-8:00PM+ Hang out and discuss investing with other members. Open networking.
Make sure you join REI 808:

https://www.meetup.com/REI808-Passive-Real-Estate-Investin…/

https://www.facebook.com/groups/SPCHUI808/