Welcome to Your First Rentalāthe podcast for high-earning professionals and business owners who want to build passive income without dealing with tenants, toilets, or quitting their day job.
š Start your journey with Laneās free Remote Rental eCourse at theWealthElevator.com/firstdeal
Host Lane Kawaoka bought his first rental in 2009 while still working as an engineer. By 2015, he owned 11 rentals and has since participated in over $2.1 billion in real estate acquisitions.
This podcast is where Lane gives back, breaking down real estate investing into simple, actionable steps so you can buy cash-flowing properties remotely, avoid newbie mistakes, and finally stop trading time for money.
Hosted on Acast. See acast.com/privacy for more information.
Welcome to Your First Rentalāthe podcast for high-earning professionals and business owners who want to build passive income without dealing with tenants, toilets, or quitting their day job.
š Start your journey with Laneās free Remote Rental eCourse at theWealthElevator.com/firstdeal
Host Lane Kawaoka bought his first rental in 2009 while still working as an engineer. By 2015, he owned 11 rentals and has since participated in over $2.1 billion in real estate acquisitions.
This podcast is where Lane gives back, breaking down real estate investing into simple, actionable steps so you can buy cash-flowing properties remotely, avoid newbie mistakes, and finally stop trading time for money.
Hosted on Acast. See acast.com/privacy for more information.
š Start your journey with Laneās free Remote Rental eCourse at theWealthElevator.com/firstdeal
In this episode, Lane discusses his decision to sell his Seattle rental properties despite the recent market appreciation and tech money influx. He explains the concept of Return on Equity (ROE) and its importance in evaluating real estate investments. Lane shares specific metrics and calculations, revealing that a 2% ROE from his Seattle properties was insufficient compared to other investment opportunities. He emphasizes the need to analyze and leverage 'lazy money' in real estate portfolios to achieve better returns. Lane concludes with actionable advice for investors to evaluate their properties systematically to optimize financial performance.
00:00 Introduction and Podcast Overview
00:06 Seattle Real Estate Market Insights
00:26 Evaluating Property Performance
00:49 The Concept of Return on Equity (ROE)
01:42 Decision to Sell and Reinvest
02:28 Action Plan for Investors
02:46 Conclusion and Call to Action
To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.
Hosted on Acast. See acast.com/privacy for more information.