Passive Real Estate Investing With Lane Kawaoka

Law, The Universe, And Everything

Pacifico talks with engineer turned real estate professional Lane Kawaoka about building passive cash flows through real estate.

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Law, The Universe, And Everything is a show featuring leaders from the fields of law, business, sports, medicine, spirituality, music, marketing, entrepreneurship, cannabis, blockchain, and beyond. We talk about anything and everything as long as its interesting. No topic is off limits so it's a bit like Joe Rogan meets Tim Ferriss but the host has better hair. Law, The Universe, And Everything is a production of The Soldati Group (https://soldatigroup.com). All opinions expressed by the host and podcast guests are solely their own opinions and do not reflect the opinions of The Soldati Group. This podcast is for information and entertainment purposes only. These discussions do not constitute legal or investment advice.

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Law, The Universe, And Everything is sponsored by Prosperitas, an animated video agency that can help you bring your company’s ideas, values, products, and messages to life with the power of engaging videos. Whether you strive to win more customers, engage or educate your audience, Prosperitas will craft each video specifically targeted to fit your brand and vision. Visit https://ProsperitasAgency.com today to learn more and discover how Prosperitas can create the best videos your company has ever had to help increase conversion rates and drive more sales.

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Book Recommendations:

The Millionaire Real Estate Investor by Gary Keller: https://amzn.to/2TuubW0

The Four Hour Workweek by Tim Ferriss: https://amzn.to/3kFjlaU

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Show Notes:

00:00 Show Intro

01:04 Https://ProsperitasAgency.com

01:42 Guest Intro: Lane Kawaoka

02:38 Interview Begins

02:55 From engineer to real estate investor

04:57 Overcoming limiting mindsets

06:50 Counterintuitive personal finance rules

11:50 Labor vs. capital

13:42 The case against retirement accounts

17:46 Avoid taxes like the rich

19:09 Building a real estate portfolio from scratch

22:07 Property Management best practices

23:19 What to do with your existing retirement account

24:28 Lane’s rules to live by for investing

25:32 Real Estate vs. Crypto

27:18 Lane’s favorite failure

28:16 Lane’s book recommendations

29:33 Lane’s best investments

30:37 Lane’s advice for young people

31:42 Finding mentors

32:48 Continuously compounding improvement

37:00 Question everything

39:49 Lane’s self care strategies

41:33 The kindest thing anyone has done for Lane

43:08 Show Outro