The Wealth Elevator

past coaching calls

These coaching calls are arranged from lower net worth (top of page) to higher net worth (bottom of page).

 

We are always looking for volunteers who are willing to put themselves out there so reach out if you are interested in doing one.

Coaching Call w/ Accredited Engineer & Hui OG

Mike is a construction manager in Seattle with a Civil Engineering background. He started investing in turnkeys in 2017 and has moved on to syndications. Lane and Mike discuss renting vs buying a home and investing with spouses.

Live Coaching Call – Tips for Getting Your First Remote Rental

Jennifer is a management consultant living in New York. She’s been in the Hui mastermind group for a couple of years and has been struggling to purchase her 1st rental property. We go over some of the mistakes she has made such as making over-complicated spreadsheets, buying a property close to home (when you live in a primary market), and much more!

If you’re also struggling to buy your 1st rental, check out TheWealthElevator.com/turnkey to get started. We’re also launching the 5-month remote investor incubator where we guide you to buying your 1st rental https://crowdfundaloha.com/incubator/

Inspection report #2

Mr. Gunter lives in Northern, Virginia. His properties located in Norfolk, Virginia not a multi-family but a two built single families. A big concern of his that he talked with the property inspector is a major components such as plumbing, electrical, a few leaks on the roof and no fall off either. Lane gives him a practical step by step process on how to avoid a long way negotiation with the inspector and seller as well. Also, Lane shows what is an important factor to consider when you invest in a rental house. He discussed a good rental Property must be in a good location, a good property condition, especially in the maintenance of the property and the safeness, property value, price in the market, and of course the property management.

Pref Equity vs Traditional Equity explained

We’ll discuss the pros and cons of each and how investment approaches can be customized depending on your risk appetite. Unite with other professionals on the same investment wavelength and join our community.

Cap Rates explained in commercial real estate

The investor identify what is the relation between the High Cap rates and the Lower Cap rates. The chart shows that the investor chooses the higher rate of Cap rate, the better it is for the investor. But the higher cap rates the bigger risk because it is not more establish like Dallas and San Francisco. There are no clear ranges for a good or a bad cap rate, and they largely depend on the context of the property and the market. Cap rate is calculated by dividing a property’s net operating income by the current market value. This ratio, expressed as a percentage, is an estimation of an investor’s potential return on real estate investment.

Non-Accredited Investors Below

155 Live Coaching Call w: Non Accredited Investor

Jason Ricks started in the industry in 2008 as a commercial real estate, basically, a broker focused on retail and industrial leasing primarily. During 2008- 2012 he got interested in stock in the market. In the year 2012 he lost three big transactions, he realized he needs to be closer to his goal. He switched to a real estate investor, started reading podcasts that confused him to figure out the power of now and the ego to understand his big WHY. After having some experience as an investor of small residential units he’s now transitioning to syndications and Lane explain the big advantage of syndication like a seedy ladder.

Accredited Investors Below

Coaching Call 1.5M Net Worth – Sell my California Home? Maximizing Equity #417

 Learn valuable investment strategies with financial expert Lane Kawaoka where he talks about seven different ways to increase income through investments. Focusing on the importance of leveraging equity, Kawaoka guides you towards financial independence with strategic advice to diversify investments, use debt wisely, and safely leverage to a larger net worth. This coaching call clarifies the idea of utilizing self-directed IRA’s, loans, business funds, and more. Walks through a thoughtfully crafted flowchart to assist in understanding where to get your money first. The conversation covers tax strategies, various investment opportunities, and future financial considerations. Anyone looking to navigate the road to financial independence should listen in to gain valuable insights and guidance.

Money talks… Wealth whispers

“I noticed that Non accredited LPs like to post on social media that they are in certain deals to show off… contrary Accredited investors are in so many deals they don’t get too excited and they want to keep their privacy which is why they want to be a LP in the first place. Money talks… wealth whispers.”

  – Lane Kawaoka

3-5M+ “Endgame” Investors Below

When is it time to Retire? Accredited Investor Live Coaching Call

Lee is an engineer for a general contractor in Hawaii for about 20 yrs. Then he started investing 5 years ago, started with get funding for houses in Hawaii. Now he’s an accredited investor keeping houses, all over the US in different cities. His goal is to accelerate his portfolio for retirement and he figured out real estate investment might be a good idea to meet the retirement goals. Lane helped him to decide put his money in to do long-term equity and get real estate professional status now.

Live Coaching Call with a Doctor going 45 to 75 MPH! (Episode 151)

Matt is a Doctor. He is 4yrs in Atlanta for his internship and after 4yrs in Residency training and Radiology in Oklahoma City. People think about him “”you’re making a lot of money”” but it’s not. He’s internship he works close to 80 hours a week and in his 6th year of postgraduate training he maybe 55. He started at about two hundred fifty thousand dollars student loan and wanted to start repayment right after medical school to capitalize the interest before really start accruing. In the beginning, the interest was growing more than he was paying so he finally refinanced it about a year and a half ago, now he pays $2,600 a month and his balance is still over 225,000. He planned to buy a single-family home before he graduated. Matt wants to have time freedom. Lane encouraged him to visit her website to know more about how can we have time freedom.

Accredited Coaching Call w/ 3M Business Owner (Ep. 235)

Coaching call walkthrough with Steve, a construction company owner, whose net-worth is a couple million dollars. Learn how Lane breaks down how to get rid of lazy equity, save taxes, all while working the day job!

Mindset

Those who are living paycheck to paycheck (although they make 300-500k+ a year) think in terms of monthly/quarterly income. They fixate on what the dividend/yield/distribution is every month or quarter. Higher net worth or experienced investors who have seen their deals go full cycle know that 2-5% of cashflow on their deals is small potatoes and does not change their life one bit. These investors tend to view investments on a longer time horizon in terms of 2-5 year increments or longer as opposed to monthly/quarterly/annually. They also tend to invest in higher equity growth investments where they optimize for velocity of money as equity growth (ie developments with no cashflow).

Morbid ideals

The older you get the less unknowns you have for needs of money. For example you don’t have kids and potentially your kids are financially independent. Plus from a life expectancy standpoint the years remaining that you need to spread your net worth out is less and less but also less uncertainty. As a result, “endgame” for someone in their 40’s might be 5-6M net worth whereas someone in their 60’s might be a mere 2-3M independent of lifestyle needs.

Coaching Call – Engineer With a 4M Net Worth Getting Started (Ep. 306)

‘John’ is an engineer and has a little bit higher net worth. His story shows that the road to financial independence is at a slow pace from 0 to $2million. People don’t realize that! But once you’re up to 4million and above, your net worth (plus your network) expands and moves a lot quicker too.

10M+ “Endgame” Investors Below

Our goal of our FOOM community is to take investors from 1M net worth to 10M net worth.

If you would to to keep pushing the pedal to 50-100M+ net worth and greater. We would recommend you joining a group like Tiger21.

If you are a looking for a group getting to that 10M number and looking to cruise at that altitude, reach out to team@thewealthelevator.com about applying for our Family Office Ohana Mastermind.

Mindset

Those who are living paycheck to paycheck (although they make 300-500k+ a year) think in terms of monthly/quarterly income. They fixate on what the dividend/yield/distribution is every month or quarter. Higher net worth or experienced investors who have seen their deals go full cycle know that 2-5% of cashflow on their deals is small potatoes and does not change their life one bit. These investors tend to view investments on a longer time horizon in terms of 2-5 year increments or longer as opposed to monthly/quarterly/annually. They also tend to invest in higher equity growth investments where they optimize for velocity of money as equity growth (ie developments with no cashflow).

begin your journey to financial freedom!

 

My name is Lane Kawaoka, and I hope my blog/podcast will help families realize the powerful wealth-building effects of real estate so they can spend their time on more important, instead of working long hours and worrying about their financial troubles. There are a lot of successful families with good jobs (teachers / engineers / programmers / finance) yet they struggle to make ends meet financially. It is their kiddos who ultimately get the short end of the stick. Being a Latch-Key Child growing up, both my parents had to work and I was left home alone after school to fiddle with my thumbs.

With Real Estate you are able to grow your wealth exponentially faster than the conventional 401K’s and stock investing, therefore you are able to escape the dogma of working 50+ hour weeks at a job that is unfulfilling. And if you are one of the lucky ones who happen to do what you enjoy… well good for you 😛

Money is not everything but it is important because it gives you the freedom to live life on your terms.

Annoyed by the bogus real estate education programs out there (that take money from people who don’t have it in the first place), I set out to make this free website to help other hard-working professionals, the shrinking middle-class. I hope to dispel the Wall-Street dogma of traditional wealth-building, and offer an alternative to “garbage” investments in the 401K/mutual funds that only make the insiders rich. We help the hard-working middle-class build real asset portfolios, by providing free investing educationpodcasts, and networking, plus access to investment opportunities not offered to the general public.

The true meaning of wealth is having the freedom to do what you want, when you want, and with whom you want.
Building cash flow via real estate is the simple part. The difficult part occurs after you are free financially to find your calling and fulfillment.
But that’s a great problem to have ;)”

excerpt from The One Thing That Changed Everything