All Forum Posts by: Lane Kawaoka
Lane Kawaoka has started 288 posts and replied 4077 times.
Post: Monthly Market Update Meeting
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
Next month's Greensheet presentation is Wednesday 09/07/2022 at 7-8 PM Pacific Time - A chance to ask your questions live (It is always the first Wednesday of the month)
Tune in LIVE here:
1) Youtube Channel - https://www.youtube.com/channe...
2) Hui Facebook Group - https://www.facebook.com/group...
3) Lane's LinkedIn - https://www.linkedin.com/in/la...
4) SimplePassiveCashflow.com FB Page - https://www.facebook.com/Simpl...
5) Replays here - https://simplepassivecashflow....
Post: Monthly Market Updates & Trends w/ Da Real Estate Braddahs
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
Local Hawaii (and mainland) real estate news and statistics.
Plus an infusion of practical real estate investing tips from Da Braddahs who own over 4,300 rental units with a combined value of over $350 million dollars.
People who join us live will also be able to ask non-recorded questions regarding anything real estate. Please come with questions. We want to help you!
Options to tune in Live:
Dean's personal Facebook page - https://www.facebook.com/dean....
REI ALOHA Facebook group page - https://www.facebook.com/group...
Lane's LinkedIn page - https://www.linkedin.com/in/la...
Dean's "all business" realtor page - https://www.facebook.com/deanu...
Can't make it live? Drop a question here - https://docs.google.com/.../1F...
Post: Has anyone worked with Tardus Wealth Strategies?
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
Better to use your infinite banking than a heloc since a bank can pull your loan at anypoint.
Post: Looking to purchase 10 homes in the next 10 years.
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
Good plan to start out but as you become accredited you will realize that its not scalable and you will drift to syndications... likely after house 4-5 or when your net worth goes over 500k.
Post: Keeping Ownership Annoymous in Rental Properties
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
If you are really worried about this just be a LP in a syndication.
Post: Zero tax: schedule E losses from rental with passive income
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
I think that is a question for CPA but I have been able to zero things out with massive losses from suspended passive losses. Feel free to reach out.
Post: CPA Recommendation for 1031 Exchange
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
If its a primary residence you don't need to do 1031. You are exempt for 250-500k of profits.
Post: California Or Out of State????
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
I used to live in Seattle (now Hawaii) and started with turnkey remote rentals in 2009-2015 then went into syndications once my net worth went over 500k. So I think it depends on your net worth but if you want cashflow which is prudent I would go out of state.
Post: Would you purchase strictly for cash flow?
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
When I first started investing I did with turnkey rentals for cashflow. That is a great way to get started but once you get more experienced value add is better.
Post: Decisions on whether to cash out my 401K and move to real assets
- Rental Property Investor
- Honolulu, HAWAII (HI)
- Posts 4,251
- Votes 2,631
The key is leaking money out of your IRA (QRPs) slowly so your AGI stays under 340k married filed jointly.
You could do it faster to of course yield better returns outside the wall street garbage but you will pay slightly higher taxes as your AGI goes up.
If you have specific questions feel free to reach out.