Learn from Failures with Lane Kawaoka

Published: May 30, 2019, 7 a.m.

b"Lane Kawaoka is the host of the Simple Passive Cash Flow podcast. He started investing in real estate in 2009, as a Professional Engineer by day. In this episode we're talking about some of the failures he's had along the way, so that we can learn some of the lessons he's learned.\\nLane has experience passively investing in multifamily syndications, mobile home parks, private money lending, and turnkey (turn key) rentals. He scaled from a relatively small portfolio of single family homes to over 2,100 units, and recently retired from his engineering day job.\\nHis website is www.simplepassivecashflow.com\\nLane Kawaoka is a Licensed Professional (PE) with a Masters degree in Civil Engineering with an emphasis in Construction Management and a Bachelors in Industrial Engineering both from the University of Washington. As an engineer Lane as managed over $230 million dollars of capital construction projects in both the public (City, State, Federal) and private sector. Aside from his day job, he controls 2 Manufactured Home Parks and 15 apartment buildings, and one Assisted-Living Facility totalling 2,600+ units in 10 US Markets.\\nLane\\u2019s passion project SimplePassiveCashflow.com, is a free podcast and online learning resource in passive real estate investing. Working as a high paid professional in Corporate America and frustrated by the traditional wealth building dogma, Lane was compelled to inspire and mentor other working professionals on how to do real estate investing and build their own portfolios. Lane urges other working professionals just get started by utilizing their highest and best use (their day job) to save the for the 20% downpayment for a conventional loan to acquire a single family home rental. The Simple Passive Cashflow method is to only buy investments with a healthy cashflow buffer that can withstand a market downturn. Lane has gotten so much appreciation for his work via these kind words from his audience.\\nIn addition to mentoring, Lane also partners with beginning investors who want to build their portfolio, but are too busy to handle direct investments. He uses his engineering mind, investing knowledge, and network to crowdsource due-diligence through the 2,600+ members of the Hui Deal Pipeline Club. Together they have placed over $15 Million dollars worth of capital.\\nLove the show?\\xa0Subscribe, rate, review, and share!\\nHere\\u2019s How \\xbb\\nJoin the Passive Wealth Strategies community today:\\npassivewealthstrategy.com\\nFull details here: https://www.passivewealthstrategy.com/episode-12/"