#048: Are You Looking for Cash Flow from Rental Properties?

Discover why rental real estate is often safer in downturning markets.  Lane Kawaoka gives tips on generating rental income and choosing your rental markets and strategies.”

Learn the advantages and disadvantages of single family rentals and multifamily rentals and how to transition into larger multifamily units by creating a real estate syndication.”

SHOW NOTES

0:58 – Introducing Lane and the topic for today – getting started in developing cash flow from rental properties.

1:48 – Some of Lane’s background.

2:27 – How he got started in rentals in 2009 and the three resources he breaks the process down to – time, money, and knowledge.

4:20 – Lane’s path to investing in more out of state properties.

5:44 – His ideas around choosing markets and strategies.

8:17 – Why rentals are often more resilient to downturns in the market.

8:39 – Describing the rent to value ratio.

9:43 – Estimating property value increases.

10:59 – Looking at advantages and disadvantages of single family and multifamily units.

12:50 – Lane’s advice for transitioning into larger multifamily units.

14:12 – How he works with putting together syndications and the analogy he uses.

15:50 – Things Lane recommends for vetting people in a syndication.

17:07 – Benefits to building a network through things like mastermind groups and podcasting.

18:43 – Where he sees his path going over the next five years.

19:52 – Lane’s advice to getting started in rentals and his $30,000 rule.

21:53 – His recommended resource – The Millionaire Real Estate Investor

23:20 – Reaching out to Lane.

Resources and Links Mentioned:

The Millionaire Real Estate Investorby Gary Keller, Dave Jenks, and Jay Papasan

Grant Cardone

Connect with Lane:

Website