The Wealth Elevator

In this episode of The Wealth Elevator podcast, Lane explores the foundational "basement level" of The Wealth Elevator, emphasizing the challenges of information overload for higher net worth individuals. The discussion covers personal experiences, the traditional linear path of financial success, and the importance of discernment and financial tools. Lane addresses distinguishing between good and bad debt, the significance of budgeting, and the value of building a financial foundation. He encourages listeners in the basement to appreciate the process, emphasizing the eventual financial growth. The episode concludes with a preview of upcoming discussions on the wealth elevator's other floors. Hosted on Acast. See acast.com/privacy for more information.

Welcome aboard "The Wealth Elevator," where financial independence is the ultimate destination. Join our host as they guide you through the rebranding journey in the first episode of the introduction series. Discover the inspiration behind the rebrand, rooted in the upcoming book, "The Wealth Elevator," and learn how the frustration of navigating the personal finance blogsphere birthed this cheat code to financial independence. In this episode, delve into the meticulous process of rebranding, from a complete overhaul of colors and logos to the revamped website structure at TheWealthElevator.com. Say goodbye to the overwhelming Simple Passive Cashflow era as the podcast evolves into a user-friendly platform, tailored for both newbies and seasoned investors. Explore the promises of the rebrand, from a fresh look and enhanced functionality to refreshed e-courses for existing members and an invitation for newcomers to join ⁠The Wealth Elevator Club⁠. The transition extends to social media, offering short-form content to cater to diverse preferences. Discover the wealth of knowledge waiting for you in the new member section, featuring e-courses on infinite banking, accredited investor banking, and specialized content for passive investors. The Wealth Elevator goes beyond real estate, encompassing taxes and future ventures, with the host acting as a personal Guinea pig to bring the best practices back to you. Uncover the podcast's mission: educating the next generation on unconventional wealth-building tactics. The rebrand, book, and community work together to provide a meaningful path to financial independence. Join the call to action, share information, connect with the community, and let's elevate each other together. Ponder the metaphor of the elevator as the host guides you through different floors. Pay it forward as you reach financial success, sending the elevator back down for others. Experience a seamless transition through the rebrand, with the team at ⁠team@thewealthelevator.com⁠ ready to assist. Connect personally by calling 808-215-5531 for support. As the episode concludes, remember the purpose: to provide valuable information and education for achieving financial independence. Thank you for tuning in to the first episode of the introduction series. Stay tuned for future episodes as we journey through the different floors of The Wealth Elevator. Hosted on Acast. See acast.com/privacy for more information.

Join the Hui Deal Pipeline Club and secure a personal one-on-one call with Lane! https://simplepassivecashflow.com/club Welcome back to our Investor Weekly News Update for August 28th! Dive into the latest trends, insights, and strategies in the investment world. In this episode, we cover: 🔹 The current state of rents and why they're shifting. 🔹 The mass migration to Texas, especially from California - what's the real reason? 🔹 The future of Subway franchises and potential changes on the horizon. 🔹 Wealth-building strategies, passing on generational wealth, and the essence of entrepreneurship. 🔹 A deep dive into the U.S. multifamily rent growth markets for Q2 2023. 🔹 Personal anecdotes, insights, and much more! 📌 Timestamps: 00:00 - Introduction 01:00 - Rents Update 03:00 - Why is everyone moving to Texas? 05:00 - The Subway Franchise Situation 07:00 - Thoughts on Wealth and Entrepreneurship 10:00 - U.S. Multifamily Rent Growth Markets 12:00 - Subway's Potential Acquisition Don't forget to check out our upcoming rebranding to "The Wealth Elevator" and stay tuned for the release of our new book! For a quick read, grab a copy of "The Journey to Simple Passive Cashflow" on iTunes or listen to the free audiobook version here: https://simplepassivecashflow.com/book Connect with me: LinkedIn: https://www.linkedin.com/in/lanekawaoka/ Facebook: https://www.facebook.com/SimplePassiveCashFlow Instagram: https://www.instagram.com/simplepassivecashflow/ Watch & Listen: YouTube: https://www.youtube.com/channel/UCX1ZU4WejBYUwvdGbBHOWzQ Apple Podcast: https://podcasts.apple.com/podcast/simple-passive-cashflow Spotify Podcast: https://open.spotify.com/show/1TrHc3fc8ZGw4mX3yK76rS Website Link: https://simplepassivecashflow.com/ Lane Kawaoka is a multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $186 Million Dollars of private equity since 2016. Lane uses his Engineering degree to reverse engineer the wealth building strategies that the rich use in the Top-50 Investing Podcast, SimplePassiveCashflow.com. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Lane Kawaoka introduces Kevin Roth, a consultant who helps people address mindset and happiness issues. They discuss the importance of mental health and finding purpose beyond basic necessities. Kevin shares his personal journey, from a successful music career to financial challenges, a cancer diagnosis, and a profound shift in perspective. He emphasizes the significance of living minimally, prioritizing health, happiness, and security. Kevin's approach combines practical life advice with integrating spirituality to navigate challenges. They underscore the idea that true happiness arises from doing what one loves, being healthy, and practicing self-love, ultimately transcending the pursuit of excessive wealth or material possessions. Hosted on Acast. See acast.com/privacy for more information.

🏙️ Investor Weekly News Update | August 21st 📊 Join us for this week's investor news update, where we dive into the evolving landscape of cities and real estate in the wake of the pandemic. From vacant offices to global liquidity shifts, here are the key highlights: 🌐 Global Liquidity Shift & Rate Increases: Discover how central banks worldwide are tightening policies through rate increases and reduced money supply. We explore the aftermath of the 2008 crisis and the pandemic, which led to a liquidity surge, asset price hikes, and over 10% inflation in the US. Learn how the US Federal Reserve is addressing this with hawkish rate adjustments since June 2022. 🌆 Migration Trends & Demographics: Uncover the challenges faced by major banks across the globe, including slow growth, low inflation, and aging populations. Compare this with the US advantage of even demographics, boosted by a younger workforce and immigration. Explore why investing in workforce housing is pivotal for capitalizing on the growing lower middle class. 📈 S&P 500 & Corporate Profits: Delve into the potential risk signaled by the S&P 500's current trend, highlighting imbalances between corporate profits and stock prices. Understand the implications of companies not generating proportional profits relative to their stock performance. 🚶‍♂️ Urban Exodus & Office Vacancy: Explore the accelerated urban exodus triggered by the pandemic, resulting in empty office spaces. Dive into IRS data showcasing the migration of higher earners from major US cities, and how rural areas are benefiting from this shift. Understand the impact of remote work on office attractiveness and urban return. 🎉 Rebranding & Financial Strategies: Join us in the midst of exciting changes as we rebrand to "The Wealth Elevator," aligning with the release of our upcoming book. Our book breaks down financial strategies based on different wealth levels, providing practical insights for your financial journey. Experience the rebrand with fresh colors and a new logo that resonate with the book's content. 📚 For more analysis, check out the recently released Quarterly Kimono Report. Join us at simplepassacashflow.com/club to gain access. Don't miss out on the insightful discussion about the future of cities, real estate, and investment strategies. Subscribe to our YouTube channel for more content and stay tuned for the exciting changes ahead. Your financial journey is about to elevate! 📈🏢🏗️ Hosted on Acast. See acast.com/privacy for more information.

Join the Hui Deal Pipeline Club and secure a personal one-on-one call with Lane! https://simplepassivecashflow.com/club. In this week's investor news update for August 15th, 2023, we delve into a comprehensive exploration of the market's current state, touching on both the bullish and bearish perspectives. Crowdfunding websites are under scrutiny as intermediaries between investors and deals, revealing complexities and potential pitfalls. While these platforms offer opportunities, careful consideration is needed, especially given past incidents. The real estate market's multifamily segment is experiencing shifts, with prices declining and cap rates adjusting, creating potential entry points for investors who seize the moment. An emphasis is placed on private investors dominating the landscape, while institutional investors approach with caution. The ongoing clash between fixed-rate and floating-rate financing strategies highlights differing approaches to market dynamics. Amid these trends, the market's bottom is debated, and 2025-2026 are anticipated as potential periods of growth with rising rental rates. The importance of astute investment decisions in navigating these complex conditions is emphasized, with options like development deals and the new Capital Protection Debt Fund presented. In addition, we analyze the July Consumer Price Index (CPI) numbers, showcasing a mix of insights regarding inflation. With varying data points leading up to the Federal Reserve's September meeting, inflation's impact on the economy and different sectors is dissected. As the market navigates an inverse yield curve scenario, the recent data provides both concerns and positive indications. With this comprehensive overview, investors are encouraged to stay informed and consider the evolving landscape for strategic decision-making. Connect with me: LinkedIn: https://www.linkedin.com/in/lanekawaoka/ Facebook: https://www.facebook.com/SimplePassiv... Instagram: https://www.instagram.com/simplepassi... Hosted on Acast. See acast.com/privacy for more information.

Fitch's Monumental MoveEconomic ChessboardInsurance ChallengesDemographic DriversLong-Term Investing Wisdom Hosted on Acast. See acast.com/privacy for more information.

Ever wondered what it's like on the other side of an IRS audit? Join us for an illuminating discussion with Robert Norland, a former IRS special agent, who gives us an insider's view of the entire auditing process, and the difference between a criminal and civil investigation. We will unveil the veiled practices of the IRS in assessing and collecting taxes. We discuss the weighty topic of tax evasion and avoidance, and what makes an expense a legitimate business one. How often do people get flagged or audited by the IRS? What are the odds? Together with Robert, we delve into these aspects, shedding light on how technology, specifically artificial intelligence, is aiding the IRS in catching tax evasion and fraud cases. We turn the spotlight on the 2018 security act and how it brought changes to IRS tax filings. To top it off, we also discuss the indicators of fraud that the IRS watches for, giving you insights on what not to do. Finally, imagine saving money through real estate taxes. That's right! We explore the world of real estate tax incentives, how you can leverage them, and where to find resources to learn more. Special guest Robert Norland shares his knowledge on this intriguing topic. This episode is sure to be a game-changer in your approach towards tax strategies. So, buckle up to gain a better understanding of the IRS and how to navigate your tax strategy like a pro. Hosted on Acast. See acast.com/privacy for more information.

Ever wanted an insider's view on the latest in investor news? Well, you're in luck! Tune in as we dissect the Fed's decision to increase interest rates and explore how it reverberates across sectors like workforce housing. Now, you might be wondering what asset class Blackstone just unloaded? We've got you covered, as we delve into their recent decision to sell their self-storage portfolio to Public Storage for a whopping $2.2 billion - a bold move that raises intriguing questions about the asset class. But it's not all numbers and stats - we're also bringing some Hollywood to the mix. We're discussing actress Cameron Diaz's surprising decision to retire at 45, a move that is almost unheard of in Hollywood. It's a thought-provoking story that encourages us to reflect on when 'enough is enough' in our own careers and financial pursuits. We round off the episode with a sobering report from Harvard on the decreasing supply of low-cost rentals countrywide, reminding us of the enduring worth of residential real estate. So buckle up, folks! It's going to be an illuminating and engaging ride through the world of investor news Hosted on Acast. See acast.com/privacy for more information.

Ever wondered about the career progression of an engineer in the property development world? Prepare to be enlightened as Greg, a seasoned professional engineer, walks us through his intriguing journey from starting out as a design engineer to becoming a consultant, and then a pivotal player at a development firm. We also dissect the role of a property manager, stressing the crucial function of effective communication in sealing development deals. Stay tuned as we dissect the remarkable differences between development deals and existing infrastructure projects and illustrate the importance of investors conducting rigorous due diligence. This episode isn't all about careers, though. Brace yourself as we tackle the financial hurricane that hit our budgets due to the soaring lumber prices. Learn how we braved this storm by buying lumber in separate tranches and the tactics we used to minimize the damage. Take notes as we expose the sneaky tricks contractors might employ and share tips on crafting a contract that discourages such behaviors. But the ride doesn't stop here. We also navigate through the rough terrain of construction projects, discussing neighbor disputes, unplanned costs, and the challenges of managing opposition on large-scale projects. As we journey further, we explore the challenges of staffing and working with third-party professionals in the civil engineering world. We share our own encounter with a contractual claims process, emphasizing the vital role of having a professional engineer on the project. From managing insurance claims and city-related delays to dealing with the complexities of the residential workforce housing market, we leave no stone unturned. Join us as we offer you a front-row-seat to this thrilling rollercoaster ride through the world of development and engineering. So strap in, sit tight, and let's delve into this exciting world together! Hosted on Acast. See acast.com/privacy for more information.

In this week's Investor Weekly News Update for July 24th, several topics are covered. Crowdfunding Website Bankruptcy: The crowdfunding website, Nightingale Office Real Estate Investments on Cross Street, has filed for bankruptcy due to inadequate due diligence on their part. This has surprised many as crowdfunding websites were thought to act as broker-dealers, but they do carry some risks for investors. Real Estate Market Review: The new home market has been thriving in the first half of 2023, despite high mortgage rates. However, there are concerns about a potential downturn in 2024 due to a decrease in new construction projects. Top States for Relocation: Texas and Florida are the most sought-after locations for people looking to move across state lines, while Florida sees the highest volume of search queries from residents wanting to leave the state. Rising Insurance Costs: Insurance premiums for multifamily and commercial properties have been increasing due to inflation and catastrophic risks. Some locations, particularly on the Gulf Coast, have seen significant rises in insurance costs. Hosted on Acast. See acast.com/privacy for more information.

Get ready to elevate your wealth as we embark on a journey of growth, change, and insight in our latest Investor News update. We promise to deliver not just news, but also a wealth of knowledge that you can leverage. We'll start by sharing some big developments, like the reconstruction of our website, where you'll soon find a treasure trove of e-courses - all for free! From syndication to infinite banking, these courses are designed to push you further up the wealth elevator. This episode contains content about: Hosted on Acast. See acast.com/privacy for more information.

This episode promises to unravel the intricacies of strategic thinking that seep into every successful business venture, fueled by my personal tryst with corporate America. You'll learn the underlying factors that separate these two distinct segments of the workforce - the cerebral intellectuals and the hands-on house flippers. Additionally, we turn the spotlight on Alabama, a hidden gem now heralded by the Wall Street Journal as an affordable paradise for retirees. The second half of our discussion immerses you in the latest happenings of the US housing market - a realm currently brimming with sales. For the first time in nearly a year, the average US home is selling above the asking price. We delve into the reasons behind this trend, from low inventory and unwavering demand to homeowners capitalizing on favorable market rates. News on the real estate front gets even more interesting as we dissect the implications of Peer Street's recent Chapter 11 bankruptcy filing on real estate syndicators. This episode promises a deep and engaging understanding of real estate investments - an absolute must-listen for anyone keeping an eye on the housing market pulse. Hosted on Acast. See acast.com/privacy for more information.

Get ready to elevate your wealth as we embark on a journey of growth, change, and insight in our latest Investor News update. We promise to deliver not just news, but also a wealth of knowledge that you can leverage. We'll start by sharing some big developments, like the reconstruction of our website, where you'll soon find a treasure trove of e-courses - all for free! From syndication to infinite banking, these courses are designed to push you further up the wealth elevator. We'll also talk about how we're breaking new ground with our rebranding and upcoming book release. On the economic front, we'll dissect current trends with a spotlight on interest rates and rent changes. By tapping into expert projections from the Urban Land Institute's spring real estate economic forecast, we'll help you understand what to expect in the commercial real estate transaction volumes and GDP growth. We're not just giving updates; we're providing context and implications for your investments. So if you want to stay ahead in the game, this episode is a must-listen! Hosted on Acast. See acast.com/privacy for more information.

Get the inside scoop on the world of IRS tax processes with our esteemed guest, Joe Mastrianoo from taxproblem.org. Gain an understanding of Joe's unique insights and strategies, including his foolproof four-part audit prevention checklist. You'll come away appreciating the intricacies of IRS codes, regulations, and discerning which receipts to hold onto for deductions. As we journey through this discussion, Joe demystifies the concept of the discriminant income function (DIF score) used by accountants to evaluate your average contributions. You'll learn why tax deductions are vital and how filing an extension could be your saving grace. Investors, pay attention to Joe as he advises on taking every possible deduction that can be substantiated, providing justification for exceptional expenses. We'll also broach the chaos in the IRS that ensued from the onset of COVID. Joe underscores the importance of a professional review on your return to ensure it withstands an audit. We'll weigh the potential costs and benefits of filing taxes with the IRS and the consequences thereof. Wrapping up, Joe emphasizes the cruciality of offering evidence to the IRS to steer clear of penalties. Don't miss out on this episode- it's a treasure trove of wisdom on navigating the IRS tax process and warding off potential issues. 0:02:25 - Maximizing Tax Return Accuracy and Protection 0:07:42 - Benefits of Filing Taxes in October 0:12:01 - Navigating Business Expenses and Tax Returns 0:16:48 - Tax Return Documentation and Cost Analysis 0:19:51 - Navigating IRS Audits and Tax Preparation 0:24:18 - Challenges and Advice for E-Filing Taxes 0:31:59 - Focus and Avoid Distractions 0:36:03 - Focus and Productivity in Daily Goals Hosted on Acast. See acast.com/privacy for more information.

• The Federal Reserve decided to keep interest rates unchanged in their recent meeting. • Insurance costs have been rising, especially due to recent weather events like hurricanes, impacting real estate investments in certain areas such as Dallas. • An underground seller called Underground Seller went bankrupt, leaving many customers wondering about the authenticity of the purchased wines. • The San Diego retreat is happening soon with an abbreviated schedule and plans for the annual retreat in Hawaii are still intact. • There is a shift in demand from owning to renting due to high home prices and rising mortgage rates, making home ownership less affordable compared to renting. Connect with me: LinkedIn: https://www.linkedin.com/in/lanekawaoka/ Facebook: https://www.facebook.com/SimplePassiv... Instagram: https://www.instagram.com/simplepassi... Watch & Listen: YouTube: / @simplepassivecas... Apple Podcast: https://podcasts.apple.com/podcast/si... Spotify Podcast: https://open.spotify.com/show/1TrHc3f... Website Link: https://simplepassivecashflow.com/ Hosted on Acast. See acast.com/privacy for more information.

Join the Hui Deal Pipeline Club and secure a personal one-on-one call with Lane! https://simplepassivecashflow.com/club - Excited to implement what you’ve learned from the episodes? The goal is to get you to become a real estate investor, pay less tax (the right way) and become an accredited investor. The journey will take time, and sometimes it will be challenging. But it’s essential to start and get yourself to the first step. Hosted on Acast. See acast.com/privacy for more information.

Join the Hui Deal Pipeline Club and secure a personal one-on-one call with Lane! https://simplepassivecashflow.com/club Slide Link: https://www.slideshare.net/LaneKawaoka/investor-weekly-news-update-june-19-2023pdf Connect with me: LinkedIn: https://www.linkedin.com/in/lanekawaoka/ Facebook: https://www.facebook.com/SimplePassiveCashFlow Instagram: https://www.instagram.com/simplepassivecashflow/ Watch & Listen: YouTube: https://www.youtube.com/channel/UCX1ZU4WejBYUwvdGbBHOWzQ Apple Podcast: https://podcasts.apple.com/podcast/simple-passive-cashflow Spotify Podcast: https://open.spotify.com/show/1TrHc3fc8ZGw4mX3yK76rS Website Link: https://simplepassivecashflow.com/ Lane Kawaoka is a multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $186 Million Dollars of private equity since 2016. Lane uses his Engineering degree to reverse engineer the wealth building strategies that the rich use in the Top-50 Investing Podcast, SimplePassiveCashflow.com. Hosted on Acast. See acast.com/privacy for more information.

Join the Hui Deal Pipeline Club and secure a personal one-on-one call with Lane! https://simplepassivecashflow.com/club - Download the Net Worth Tracker sheet: https://simplepassivecashflow.com/legacy You don’t need to commit the same mistakes that other real estate investors (like Lane) did! That’s what this episode is all about. It’s a compilation of ‘what not to do’ so you can skip to the next right step. Learning is better when you learn from other people’s experiences. Hosted on Acast. See acast.com/privacy for more information.

Join the Hui Deal Pipeline Club and secure a personal one-on-one call with Lane! https://simplepassivecashflow.com/club. 00:00 Investor Weekly Update - June 12, 2023 00:52 Stateside HUI Retreat Information 1:28 Job Openings on the rise 4:46 Mortgage rates edge higher on stronger than expected employment growth 7:32 Yardi Matrix Updates on Multifamily rent raises in May 9:07 Apartments.com April Rent Growth Report 10:43 Joint Venture acquires $150M apartment complex in Coney Island 13:19 LIV and PGA Tour Merger Connect with me: LinkedIn: https://www.linkedin.com/in/lanekawaoka/ Facebook: https://www.facebook.com/SimplePassiv... Instagram: https://www.instagram.com/simplepassi... Hosted on Acast. See acast.com/privacy for more information.