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.
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)
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
Pooling capital is a long-standing way of making your money go further in investing. However, it’s not as simple as it sounds. There are a lot of things that you should be aware of going into a partnership. There are also a lot of logistics regarding making it work smoothly. My guest today founded Tribevest after an unfortunate experience trying to get into real estate with his brothers. Now he is on a mission to help others avoid the same pain. Travis Smith is leading Tribevest to solve the financial collaboration problem and evolve as his customers’ needs do. We talk partnerships, structure, and the other ins and outs of tribe investing. Key Points: Travis relays his background (0:54) The math and philosophy behind the benefits of pooling capital (2:58) How tribe investing spreads risk and allows you take advantage of more opportunities (4:42) What is the average and ideal tribe? (6:07) How do you know if your prospective team members would make a good tribe or not? (8:35) What kind of investments work best with tribe investing? (12:43) Real estate as part of your overall portfolio (15:02) Knowing when and how to dissolve your tribe (17:40) Best practices regarding dissolving partnerships (20:17) Resources: Tibevest - https://www.tribevest.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/resources/ 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 Subscribe on Spotify, Apple, Google, Stitcher, iHeart. ...
What do you do when it no longer makes sense to invest in your own back yard? Do you go passive? Do you try to stay active in a different state? In a different country? August and Ava of Canadian Passive Investing help Canadian investors explore US markets to capitalize on higher potential returns and an investor-friendly environment. Key Points: Nuances for international investors investing in the US (2:28) US Markets that are most attractive now (3:37) Why Canadian investors are looking at the US (5:34) Why Texas? (8:10) Co-Syndication, and teams across the US (10:06) Management and investment criteria (12:02) Changes since COVID (16:33) Preferred asset types, value-add (18:30) Advice for someone considering being a passive investor (21:49) Exempt Market Dealers and Investor Originators (24:21) Resources: Canadian Passive Investing - http://canadianpassiveinvesting.com/ Best Ever Apartment Syndication Book - https://www.amazon.com/Best-Ever-Apartment-Syndication-Book/dp/0997454326 Multifamily Investor Nation - https://www.multifamilyinvestornation.com/ Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find out here – http://auditmyrealestate.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 Subscribe on Spotify, Apple, Google, Stitcher, iHeart. ...
If you’re listening to this podcast on a regular basis you’re probably an advanced and experienced investor. Skyline Views covers various markets and areas of expertise for folks who invest nationally. However, how often do you revisit your mindset as an investor? Maybe you’re a successful businessperson who invests passively through partnerships all over the country. This episode addresses both the mindset of the investor, as well as what to look for in a partner. We also examine Denver as an MSA and why we like it. My guest is a real estate entrepreneur and host of the Investor Mindset Podcast, Mr. Steven Pesavento. Steven is also Managing Partner of VonFinch Capital. Between VonFinch and the podcast, Steven has interviewed and worked with some of the best investors in the business. He shares with us in this show what makes a great investor, what makes a great partner, and the roles you can play as your real estate investing path progresses. Key Points: Steven explains his start and how he stumbled upon real estate (0:34) What should a new passive investor expect, from their first email to their first check? (2:12) How Steven works with people who are figuring out what they want out of investments (7:12) Steven discusses his favorite asset class, spreading out risk, and predictability (9:20) Denver as an MSA, the numbers, the sweet spot, and the economics (11:32) Due diligence on multifamily syndication sponsors, and the deals themselves (16:52) The Ultimate Passive Investor Playbook (20:33) Resources: The Investor Mindset Podcast - https://www.stevenpesavento.com/podcast/ VonFinch Capital - https://www.vonfinch.com/ The Ultimate Passive Investor Playbook - https://action.theinvestormindset.com/passive-investor-playbook Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here ...