How Does Passive Income Work? Lane Kawaoka Interview #CCLX The Doctor of Digital™ GMick Smith, PhD
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Lane Kawaoka, PE $1B+ AUM | Family Office Advisor | Real Estate Syndicator | Podcaster at SimplePassiveCashflow.com | LaneKawaoka.com The Business Plan To help achieve his vision of expanding his...
show more$1B+ AUM | Family Office Advisor | Real Estate Syndicator | Podcaster at SimplePassiveCashflow.com | LaneKawaoka.com
The Business Plan
To help achieve his vision of expanding his cashflowing and forced appreciation potential portfolio, Lane plans to take stabilized performing properties that have under-market rents or mismanagement. His team will invest in areas where there is a predictable path of progress which is driven by job growth population trends. The day to day investments are professionally managed by a proven local real estate property management firm. The Team will underwrite the financials conservatively to model the investment independent of a strong economic market. Acquisitions will be found via other partners and pre-existing contacts to find pocket listings unavailable to retail or institutional buyers.
The investments will be value-add opportunities that will increase the net operating income and therefore the value of the property for a future exit. This is accomplished by:
1) Increasing the rents by improving the property condition with better fixtures and adding amenities such as dog parks, BBQs, reserved parking, club houses, and improve the overall community
2) Decreasing the expenses by billing back utilities to tenants, applying utility conservation management best practices, decrease tenant turnover, decrease vacancy, and streamline the management team
“Always be someone who adds value whether it is with people or business/real estate. Real wealth is created when value is created… no tricks or insane valuations... just improve the lives and communities of the tenants we serve. And then the Simple Passive Cash Flow will follow.”
-Lane Kawaoka
Mick Smith, Consultant M: (619) 227.3118
E: mick.smith@wsiworld.com
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