
Overview
My Background
Why Not Stocks/Mutual Funds?
How The Wealthy Run Their Finances?
The Financial Secret
Runtime: 61 minutes
How Dean Started
Lifestyle Design
Common Misnomers About Real Estate Investing
Runtime: 26 minutes
Why Real Estate?
Active vs. Passive Investing
What Market to Invest In?
Classes of Properties, Locations, Tenants
Building Your Team
Section 8
Landlord Friend Areas
Basic Order of How To Start
Runtime: 34 minutes
San Francisco, Hawaii, Los Angeles, Seattle, Boston are examples of primary markets which are NOT ideal for cashflow investing.
It could appreciate but I consider that gambling. Sophisticated investors invest on cashflow where the rents exceed the mortgage plus expenses (and enough money to pay for professional property manage to do our dirty work). A lot of this concept is explained in the Keynesian Beauty Contest theory where only the top competitors get the most notoriety but the best picks are hidden in the field. So part of the game is staying away from the "dumb" amateur money.
Sophisticated investors look at the Rent-to-Value Ratio and look for at least 1% or more to be able to cashflow after expenses. You find the Rent-to-Value Ratio by taking the monthly rent dividing by the purchase price. For example a $100,000 home that rents for 1,000 a month would have a Rent-to-Value Ratio of 1%. Most people I work with live in primary markets (as opposed to Birmingham, Atlanta, Indianapolis, Kansas City, Memphis, Little Rock, Jacksonville, Ohio, or other secondary or tertiary markets) where the Rent-to-Value Ratios are under 1%. Plus we invest in red states so we have good landlord laws on our side too.
Walk-though of Analyzer: Rents, Expenses, Taxes, Repairs, Capital Expenses calculator
Data Collection on Properties
How Much Cash is Needed?
Using Debt
Formulas: Cap Rate, Cash on cash return, Rent-to-Value Ratio
Return on Equity
Rent-O-Meter
Where To Check Your Rents?
Working With Brokers And What To Beware Of
Where To Find A Lender
Home Inspections
Insurance
Runtime: 63 minutes
Availing of Property Management Services
Best Practices
How To Interview a Potential Property Manager?
Late Payment and Eviction Process
Runtime: 36 minutes
Estimating Property Taxes
Depreciation
Other Possible Deductions
1031 Exchanges
Bonus Depreciation & Cost Segregations
Tax Bracket-ology
Insurance
Umbrella Insurance
Entities & Asset Protection
Legal Best Practices
Other Resources for Passive Investors
Runtime: 22 minutes
Return On Equity
What High Net Worth Investors Should Do?
Progression Of An Investor
Should You Buy a 2-4 Unit?
How Much Money Are You Making? Total Return.
Inflation Hedging
REIT Investing
Runtime: 36 minutes
Apprehensions
Barriers and Mitigating Strategies
Why You Need a Mentor?
Investor Questions
General Investing Strategy Progression to Accredited Status
General Investor Questions
Runtime: 66 minutes
Curated for the remote investor by Lane Kawaoka, an investor who built a $600 million real estate portfolio that started with a single-family home in 2009. All while working the day job as a Civil Engineer.
Lane's mission is to help the hard-working middle-class build real asset portfolios by providing investing education, podcasts, and networking plus access to investment opportunities not offered to the general public.
You can dumpster dive through the plethora of real estate get rich quick websites out there, but this course will provide an indexed road map to introduce concepts in the right, orderly manner for people who want to prudently build wealth.
This 8- modules course is intended for working professionals to reach financial independence, learn real estate investing (out of state) and build a network with other investors (while increasing your net worth).
Save time and know exactly where to invest.
Stop going to data just to give yourself the warmth and fuzzy.
If you have been kicking around the idea of real estate for at least 6 months, don’t delay.
If you have kids and/or a full-time job, it’s a no-brainer.
A passive investor should not be wasting more than 4 hours a week on investing.
Stop trolling internet forums, free Facebook groups, and webinars that turn out to be 95% pitch fest!
To get the good stuff, you have to pay even more.
Usually, something like $25,000 or $40,000 a year (and get your butt on a plane)!
Yes, everything is out there on the internet! That’s what I did that got me to 11-units.
But it took me from 2009 to 2015 to do it.
I wasted the most precious resource of all! Time!
Try not to think of the money-wasting rookie errors we made along the way that slowed our progress.
Act now and make the first step!
Happy learning.