Lane Kawaoka currently owns 3,500+ units across the US. He lives in Hawaii and recently quit his day job as a Professional Engineer with a MS in Civil Engineering & Construction Management and a BS in Industrial Engineering.
Lane partners with investors who want to build their portfolio, but are too busy to mess with “tenants, toilets, and termites” by curating opportunities in his “Hui Deal Pipeline Club” where his investors have personal access to him and know that Lane is personally putting his money on the line too. The Hui Deal Pipeline Club has acquired over $255 Million dollars of real estate acquired by syndicating over $25 Million Dollars of private equity since 2016.
Lane reverse engineers the wealth building strategies that the rich use to the middle class via the Top-50 Investing Podcast SimplePassiveCashflow.com. Lane’s mission is to help hard working professionals out of the rat race, one free strategy call at a time.
Can you share with our listeners, your most successful or favorite networking experience that you've had?
My best experience was when I finally actually paid, you know, $25,000 for paid masterminds to get in a realm of qualified people where they were at a point in their business where it wasn't really about them, they didn't really have to worry about putting food on the table to feed their family. So at that point, it was a lot more collaborative, and just being able to collaborate with somebody on the high high level like yourself, and, you know, not in a non competitive manager manner is a great experience, and that's why I continue to go to these masterminds.
As you continue to build your network, how do you nurture these relationships that you've created?
I have my investor club. And I always tell people, we're a bunch of accredited investors and higher paid professionals. I've kind of curated a group through my investors where if your invest fits me, you get access to my network, and we all know your network is your network.
What advice would you offer that business professional who's looking to grow their network?
I would say filter. Your net worth is a big indicator of where you are. I do know if somebody doesn't have a net worth of at least $50,000 they need to go figure out how to make money for themselves. So I would say for people like other business professionals trying to look for other business professionals higher net worth, but then again, a lot of business professionals, they're stuck in that paradigm of going to work and, you know, for 40-50 years.
Digital networking or traditional networking - which do you find more value in?
For me, it's digital networking. I'm an introvert, so I don't really do well in those type of settings. I can do it if it's like talking about rental real estate, because I get energetic and energized by that type of topic matter.
If you could go back to your 20 year old self, what would you tell yourself to do more or less of or differently with regards to your professional career?
You know, for me, I was an engineer, I kind of did things exactly how I should have. I went to work, I just quit my job earlier this year after working for about 10 years, but that day job allowed me to save money and to build my network up to a certain point where I could continue to buy rental properties one by one and then start to get into apartments later.
We've all heard of the six degrees of separation. Now who would be the one person that you'd love to connect with? And do you think you could do it within the sixth degree?
I never really had anybody that I had on my list. I think people aspire to that too much. And, quite frankly, a lot of these guys they haven't done the tactical things that are applicable today.
Is there any book that you're reading right now or listening to that you want to share with our listeners?
I am reading Gary Vaynerchuk's Crushing It! He's got some examples of people who kind of take in a certain social media platform and what they're doing with it. He says we're on like this pioneering front where the authentic create their own brand. And, you know, this is the time to do it.
How would one really figure out who are the ideal individuals to associate yourself with and where can you find them? Where would you recommend someone find those individuals?
You've got to build relationships to kind of figure that out. You just have to build relationship with a few people like quality over quantity, and kind of stay close to their network. And they're staying close to you too. And hopefully, you can build a big enough web to kind of filter in the right people.
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