Dec 15, 2020
Investing in real estate for a passive income stream isn’t a get rich quick thing...it’s a get rich sure thing.
We all need to figure out what is the highest and best use of our time. For most of us, this is building our business or working at our job full time. However, you should still be investing on the side. One of those ways is investing in real estate.
Real estate investing in a rental property is a way to build a sustainable passive income in addition to what you are doing. (I know, it’s not our typical guest, and I wanted to shake up your minds and get you thinking about your profits and investments differently.)
In this episode of the #FearlessPractitioners #Podcast, I chat with Lane Kawaoka about investing in real estate to build a sustainable, passive income stream. Lane shares his entrepreneurial story and tips on how a new business owner can be smart about their money.
ABOUT LANE KAWAOKA
After 12 years as a Licensed Professional (PE) Civil/Industrial Engineer, Lane began to focus 100% of his time on investing and helping others in his Passive Investor Accelerator & Mastermind.
He began investing in 2009 in rainy Seattle and was able to buy a property early right after college. After discovering the difference between ‘Cashflow Investing’ and ‘appreciation investing (gambling/speculating)’… he moved his portfolio into 11 single family rentals in Birmingham, Atlanta, Indianapolis, and Pennsylvania. Today, he is investing in syndications which invest in Class C & B Multi-Family Apartment, RV Parks, mobile homes, and assisted living facilities. His mission is to help regular people into good deals that were once only accessible to the rich.
TOPICS DISCUSSED IN THIS EPISODE:
- Real growth takes about 3 years.
- Instead of getting rich fast, shift the mindset to getting rich for sure.
- Add value to people's lives by helping them and doing what you do best
MORE FROM LANE
Do you have the Building Blocks to Be Your Own Boss in place?
My new course, Foundations of a Private
Practice, walks you through the MUST HAVE foundations
for starting a profitable private practice. The building blocks you
need to – finally – Be Your Own Boss!
Get started on fulfilling your dream today by taking this course and then the self-evaluation so that you know if you have what it takes to be in private practice.
Check out this beginner course to help you determine if you are ready to start a practice!
MORE FROM ADRIEN
- February 2021 Accelerator Group Coaching
- Should You Start a Practice
- Build Your Dream Practice
- Apply for Business Coaching
- Resources for Your Practice
- Schedule Your FREE 15 Min Fearless Steps Call
- Connect with Adrien on Instagram and Facebook
- Private Practice Paperwork Templates
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