Lane Kawaoka

Mike Michalowicz is the author of Profit First, Clockwork, Surge, The Pumpkin Plan, and his newest release Fix This Next. Today he is running his third multi-million dollar venture, Profit First Professionals. He shares with us his ideas from Profit First which is a great strategy to address the "Reluctant Spouse Syndrome" and to keep motivated when investing for the long term. In our group, we use infinite banking as a means to take profits, if you want to learn more about that check out simplepassivecashflow.com/ofund

Today our guest Brian Bradley debunks the protection of LLC's and what type of protection you should have as an accredited investor. If you're an accredited investor check out the Family Office Ohana Mastermind at simplepassivecashflow.com/journey to learn more about asset protection and wealth strategies. If you want to contact Brian his contact information is Brian@btblegal.com or check out his website at btblegal.com

TSA has reported that flights are starting to pick up again. In addition to the overall market trends, we also go over new home design trends. If you want to learn how to avoid getting hit with UDFI and UBIT tax, head over to simplepassivecashflow.com/qrp to get the free book.

For high-paid working professionals, common investment strategies and financial advice just do not cut it. Rachel Marshall is the Co-Founder and Chief Financial Educator of The Money Advantage, empowering others to grow their cash flow and take control of their finances. Check out Rachel's latest webinar and learn other ways to save, grow, and protect your money: https://themoneyadvantage.com/findmoney/

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 simplepassivecashflow.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/.

Robert Althuis is the founder of Whisper, a mindfulness organization that provides coaching strategies with tools and techniques that help clients in their businesses. He shares with us some tactics and tips on how to live with intention rather than just living to make more money.

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, investing with spouses, and strategies to grow your wealth after becoming an accredited investor!

The Texas freeze had many investors worried as the HUI Deal Pipeline Club has many holdings located in Texas. Rest assured, that's why we invest in syndications where the damage was minimal compared to the amount of monthly revenue that comes in. In this monthly report, we also answer the question "Is now a good time to invest?". If you're under a quarter million or half a million-dollar net-worth, it's time to get off the active income and start investing in turnkey rentals. Need help to get started? Join the 5-month remote investor incubator where we teach you step-by-step on how to buy your 1st turnkey rental, more information at simplepassivecashflow.com/turnkey

In this podcast, we go beyond the instant noodle diet and discuss other fun ways to save money like claiming free money, attending Harvard/Yale for FREE, going on virtual tours of foreign countries, and more! These are all great ideas for the "cheapos" out there or for those who just want to be smart with their money.

Ahmed's life story is the "American Dream" moving to America in 1989, getting a high-paying job, and now he is close to becoming financially free! Ahmed started off in accounting and currently is a software quality assurance manager for a consultant company. Ahmed shares how he embraces frugality, personal responsibilities in finance, as well as how he sees real estate as an important vehicle to get to the next level. Ahmed built his passive wealth by partnering up with others who complement his weaknesses and purchasing single-family homes and later then transitioning to townhomes. Learn more about syndications at https://simplepassivecashflow.com/syndication/

A cost segregation study separates a property's components (structural components, personal property, and land improvements) to provide you with greater tax deductions. Bill Smith shares a cost-effective strategy to do a cost segregation on single-family homes or other properties under $1 million dollars. Check out simplepassivecashflow.com/costseg to learn more and to get a discount to do your own DIY cost segregation! If you want to contact Bill, his email is Bill@elbcostseg.com

With a new president in office, we can expect some new tax changes. Today we discuss some of those changes and how they will affect you. We also talk about where people are moving to and what are the hot markets to invest in. If you want to listen to all of the turnkey rental property audio recordings go to simplepassivecashflow.com/turnkey-download.

James Rickard is a well-known economist who explains the New Great Recession we're currently in. Forget about the unemployment rate when judging the health of an economy, James explains what factor you should really be looking at. We go over the current state of the US economy and how our "Stimulus Plan" isn't really stimulating anything. If you're going to be using retirement funds, the QRP is the way to go. Check out the article simplepassivecashflow.com/qrp to learn how to avoid UDFI and UBIT tax (if you don't know what that is, go read about it!)

In the real estate syndication world, there are noobs, middle-market operators (me), and larger institutional operators managing institutional assets. We will go over the pros and cons of institutional operators and how the Hui Deal Pipeline Club is more of a middle-market operator, where we help the middle-class invest in cash flowing assets. Join our investor club simplepassivecashflow.com/club

Coaching call walkthrough with Steve, a construction company owner, whose net-worth is a couple million dollars. See how Lane breaks down how to get rid of lazy equity, save taxes, all while working the day job!  If you want to be on one of these coaching calls, email Lane@simplepassivecashflow.com. Watch the youtube version to see Lane go over the net-worth spreadsheet https://youtu.be/JKLMtMtybQ8

Happy New Year everyone! COVID has led to an exodus from the primary markets. Today we discuss how this affects the real estate market. While I am personally, not a fan of BRRRs, if you are interested in doing them, you mine as well do it right. Jump start your new year resolutions and attend the Virtual Bubble Mastermind where you can learn learn about the latest tax and investment strategies from experts! Sign up at simplepassivecashflow.com/bubble, I will see you there! Download the free BRRR calculator at simplepassivecashflow.com/returns-hoot. We also just wrapped up our remote investor incubator which we connected new investors with the right people to purchase their first remote single family home! If you would like to be in our next incubator please visit simplepassivecashflow.com/incubator.

We've heard many times this past year about which businesses are "essential", today we're going to talk about the "essential" skills needed to thrive in businesses. In this new era of digital networking, soft skills, and professional networking etiquette has become critical in connecting with others and building your network. If you want to work with our guest Deborah and improve your virtual social skills, attend one of her upcoming networking classes https://www.finaltouchschool.com/deborah/. If you want to grow individually, professionally, and collaboratively, come join me at the bubble this January 16-17th on Martin Luther King Jr. weekend https://simplepassivecashflow.com/bubble/.

In the spirit of the holidays, we are going to be talking about giving back through 501(c) nonprofits. Whether you have time and no money or a lot of money and no time, Tim Rhode at "1 Life Fully Lived" (https://1lifefullylived.org/) has made it easy to serve those in your neighborhood.

John Burns and his company (John Burns Real Estate Consulting) have a total of 70 people trying to figure out what is going on in the housing market. John gives us his take on what the housing market will look like as a result of billions of dollars in stimulus checks and PPP loans. Check out John's company at https://www.realestateconsulting.com/. If you want to participate in one of their surveys, email dbachman@realestateconsulting.com or jburns@realestateconsulting.com to help generate accurate data from real individual investors.

The local REIA clubs or Meetups are just have a bunch of broke people. You can spend thousands of dollars traveling to "Wannabee" real estate investor conferences burning up vacation days talking to people who dress up for the weekend.  Only here will you get to authentically meet affluent, professionals, also investing passively in real estate on the journey to financial freedom. There is absolutely no group of financially minded, hard worker professionals, with quality individuals out there other than our tribe. Come join us on January 16-17th at the Virtual "Bubble" Mastermind!  simplepassivecashflow.com/bubble