Join us every month to review Hawaii's Local market stats, investor tips, and news headlines (w/ interpretations) that impact us here in Hawaii. New or old investor investing in Hawaii or on the mainland. Or just buying your own house to live in check our community out at ReiAloha.com Da Real Estate…
To end the year, here's the 58th Real Estate Braddah's episode, where Lane and Dean talked about the November real estate statistics in Hawaii, interest rate trends, Airbnb restrictions on New Year's eve parties, and more national news that impacts real estate investing. Join us at our live (face-to-face) events.For updates, visit https://reialoha.com. Hosted on Acast. See acast.com/privacy for more information.
The year is almost over! So here's the 57th Real Estate Braddah's episode, where Lane and Dean talked about the Hawaii real estate statistics for October, interest rates trends, why you should stay away from negativity, scam of the month (google translate phishing scams), and other national news that impacts real estate investing.Join us at our live (face-to-face) events.For updates, visit https://reialoha.com. Hosted on Acast. See acast.com/privacy for more information.
It's the 56th Braddah's episode where Lane and Dean discussed the September Hawaii real estate statistics, what the rising interest rates are doing to the market, reduction in construction prices, steady renters mindset of people (millennials), rent control in some states and how to get ahead of institutions in being a real estate investor. Join us at our live (face-to-face) events.For updates, visit https://reialoha.com. Hosted on Acast. See acast.com/privacy for more information.
In this month's Da Braddah episode, Lane and Dean talked about the August 2022 Hawaii real estate statistics, Oahu New Construction updates, and new Hawaii Kai property listings. Other headline news in the mainland includes interest rates, recession, rental rate updates, and multifamily housing updates.Join us at our live (face-to-face) events.For updates, visit https://reialoha.com. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
It's the 54th Da Braddahs episode, and we cover the latest real estate (July 2022) statistics, new listings, and how inflation and interest rates affect the market. Another scam to be aware of includes Norton and Microsoft's names and the other news involving crypto and updates on the mainland.Watch out for future live (face-to-face) events.By listening to our podcast https://simplepassivecashflow.com See acast.com/privacy for privacy and opt-out information.
It's the 52nd episode of the Real Estate Braddahs with Lane and Dean!They covered the current real estate statistics in Hawaii, news (current events & real estate) happening nationally, scam of the month to be aware of, and answered the most asked question, “ are we facing a correction?”. To stay updated with more real estate news, sign up at https://simplepassivecashflow.com/club. See acast.com/privacy for privacy and opt-out information.
In this month's episode, we cover the latest real estate (June 2022) statistics and it shows that there has been a decrease in sales possible due to the current high-interest rates.Beware in the crypto world- Celebrity Cryptocurrency Scam! Most people are complaining about the rising interest rates.Which is a normal process being done by the Fed to cool off inflation.Plus, an update on the increase in demand for renters as compared to property buyers.Listen to our podcast by visiting https://simplepassivecashflow.com See acast.com/privacy for privacy and opt-out information.
It's the Cinco de Mayo episode of the real estate Braddahs!We're bringing in the latest in Hawaii statistics that are impacting investors.Also, included in the discussion are national and mainland news, the chosen scam for this month, what's happening with the current interest rates, all about Fannie/Freddie condo loans, industrial investment, transforming workforce housing and continuing US renters migration.Don't forget to browse all the past videos at https://reialoha.com/videos-articles.1:13 Real Estate Statistics in Hawaii (April 2022)3:11 Interest Rates in Perspective6:04 Scam of the Month8:49 Fannie/Freddie Condo Loan Change10:44 Feedback: Ozone Generator Termite Exterminator15:18 Cost Segregation and Bonus Depreciation17:33 Industrial Investment18:40 Transforming Class B&C Workforce Housing23:11 US Renters Migrate Towards Feeder Cities25:58 Student Housing Development26:36 Frequently Traded Multifamily Assets See acast.com/privacy for privacy and opt-out information.
In this month's episode of the Real Estate Braddahs, we'll give you the real estate update for March 2022, the scam of the month, and the latest updates from mainland news (new IRS rule, multifamily & single family homes, tax, mortgage lending, etc.).Lane's book (audio and ebook) is still available.Go to https://simplepassivecashflow.com/book/ to gain access.1:34 Increase Median Prices for Single Family Homes and Condos3:49 Las Vegas Real Estate Trends4:58 Scam of the Month8:02 Condo Spotlight: Nauru Tower14:37 New IRS Rule | Tax Assessment19:21 Which Metros Have Led Recovery20:44 Multifamily Investment Growth22:04 Single Family Rental Boom23:27 Mortgage Lending Across US Drops26:45 Questions & Discussions See acast.com/privacy for privacy and opt-out information.
In this Braddahs episode, Lane and Dean discussed the February real estate statistics, the new scam alert, and why the escrow is falling out.Furthermore, there is great news in the multifamily market, Lane revealed the top growth state of 2021 according to UHAUL, and the inevitable current topic which is Ukraine vs. Russia was also tackled in this episode.If you haven't got your copy of The Simple Passive Cashflow book, go to https://simplepassivecashflow.com/book/ for a copy and check on the audio file as well.1:04 Overview of Events3:08 Real Estate Statistics8:31 Scam of the Month10:23 Transaction Fallout22:00 Teaching Points24:00 Multifamily Market News29:28 Record Breaking Rental Market30:52 Growth State of 202132:45 Apartment Occupancy Continues to Climb33:31 Current Events & Effects: Ukraine vs. Russia See acast.com/privacy for privacy and opt-out information.
In this month's episode, we cover the latest real estate statistics wherein there will be a correction coming this March due to the month's supply inventory for single-family homes going down, the same as in condos and townhouses.For google docs users, like us, there's a scam. Be alert!The new projects, more news about the impact of inflation, and the current real estate demand in the mainland are here.Our latest book is still available, click and get a copy at https://simplepassivecashflow.com/book/A hard copy can be yours by sending an email at team@simplepassivecashflow.com.3:57 January 2022 Real Estate Statistics7:35 Scam of the Month10:14 What's in Store for 2022?13:56 New Construction Developments in Hawaii23:10 What Happened to Eviction Tsunami?25:40 Financial Resources That Renters Tapped During Pandemic28:19 Inflation and Commercial Real Estate31:33 Growth Cities Where People Are Moving See acast.com/privacy for privacy and opt-out information.
Start your year with a bang!It's the first Braddahs episode this 2022 and the 47th episode.Dean and Lane discussed predictions for 2022, a recap of December 2021 real estate statistics, a new crypto scam alert (beware!), and why there is a need for property insurance checkups.Still, there's a rise in inflation and a surprising trend of increase in Class A apartment rents.If you want to start the year right, get a free copy and watch/hear Lane's latest book.Go to https://simplepassivecashflow.com/book/ for the free copy.00:55 2022 Predictions That Will Affect Investors02:30 Chinese New Year05:15 Recap: December 2021 Real Estate Statistics10:26 (Crypto) Scam Alert!15:10 Property INsurance Annual Check up17:53 Inflation is going up!18:51 Work from home trends make small multifamily properties less affected19:53 Higher Rents for Class A Apartments See acast.com/privacy for privacy and opt-out information.
Nobody can be prepped for the passing of someone close to you, whether it is a family member or a dear friend.In today's episode Annette Kam, author of WAIT–Don't Die Yet!, shared how you can prepare yourself, and most especially your loved ones, in the uneventful reality of death.Yes, it's good to live a fruitful life BUT it would be better if you'll leave a stress-free exit to those who you'll leave behind.Wake up!In this approach, getting prepared is the first step.Read on more pertinent information surrounding this topic at simplepassivecashflow.com/legacy See acast.com/privacy for privacy and opt-out information.
In this 46th episode, Lane and Dean covered November 2021 real estate statistics, including the downward trend in the supply side for single-family homes and condos and new single-family home developments in Ewa Beach.Scams are nothing new to you, and they are catching up during the holiday season. This time it's an amazon order confirmation imitation scam.Don't fall into the trap!Take time to read and double-check if it's your purchase.Always check before you click.It's the end of the year. Still, be grateful and persistently hungry for more.Explore passive investing by reading my free book.Visit simplepassivecashflow.com/book See acast.com/privacy for privacy and opt-out information.
In this second to last Braddahs episode for 2021, Dean and Lane revealed the October real estate statistics (single-family homes and condos), a new scam APT35 which targets high-profile organizations in government, higher education, and journalism. They're going to compromise legitimate websites that work for these high-profile organizations. Moreover, they also talked about how property rules are changing in primary markets such as California and New York.Wind up and read the latest book! Visit simplepassivecashflow.com/book.If you give us a nice review on Amazon, you'll receive the hard copy book.Reach out and email Lane@SimplePassiveCashflow.com See acast.com/privacy for privacy and opt-out information.
In this 44th episode of The Braddahs, Dean and Lane discuss September's real estate status, corrections happening in the market that is still a result of the pandemic, current scams happening, and who is dominating the buying of real estate properties in Hawaii.You'll be surprised to find out!Start investing in the mainland for consistent cashflow, check out simplepassivecashflow.com to learn more. See acast.com/privacy for privacy and opt-out information.
In this 43rd Braddah's episode, they share how status of single family homes have been lower as compared to condos in 2019 and how condo townhouses are starting to catch up in terms of being a strong seller's market because of the lack of inventory.With a touch up on rampant scams we have nowadays and on how you should be more careful in discerning whether a sent email is legit.Another thing about cap rates wherein low cap rates are in areas that are very secure and stable. Unfortunately, with those types of places, such as Hawaii, New York or California, you have lower returns. The higher returns are usually correlated with a less stable market.If you're interested in investing in the mainland for cashflow, check out simplepassivecashflow.com to learn more. See acast.com/privacy for privacy and opt-out information.
In this 42nd Braddah's episode, we tackle July real estate statistics and we listen to what an economist says, especially on how Covid impacted condos and single family homes. We also cover if we are in a “real” real estate bubble and how a cover letter has bear significance or none.Reach out and join our community.Visit simplepassivecashflow.com See acast.com/privacy for privacy and opt-out information.
June 2021 Real Estate Statistics, Real Estate buyer tips, We talk about some breaking news including a "Flintstone House", news about Bitcoin and many more! See acast.com/privacy for privacy and opt-out information.
Tourism is on the rise just like the median home price in Hawaii, soon we will hit the $1 million mark! Also in this episode, we briefly go over crypto and how you should be investing in it as it took a nosedive in the past couple of weeks from Elon Musk making a couple of tweets. See acast.com/privacy for privacy and opt-out information.
In addition to the Hawaii market update, we also go share some good news for landlords, discuss reverse mortgages, and more! See acast.com/privacy for privacy and opt-out information.
In this month's monthly market update, we go over the March real estate statistics, what does a "hot market" mean, a new development (Makamae), and our experiences with coaching. See acast.com/privacy for privacy and opt-out information.
The median single-family home price in Hawaii has reached a new high at around $900,000. With that in mind, we discuss the condition of the local real estate market, if it's a good time to invest, and more! See acast.com/privacy for privacy and opt-out information.
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Started in Football Coaching in 30sLeadership found in sports/footballThe early pivot 1989 - Moving out Football coaching and into television productionGritLeaving Telemundo 2011 allowed Rick to return to Hawaii and find alignment and serve Hawaii2nd pivot - Work on Hawaii News NowLeading teams and building television production teams See acast.com/privacy for privacy and opt-out information.
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Website link: https://reialoha.com/videos-articles/Start learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347_________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackPassive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecoursePassive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/investorletterSPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQReal Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit See acast.com/privacy for privacy and opt-out information.
https://reialoha.com/videos-articles/https://youtu.be/96tpJT6bnt8Start learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347_________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics.Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackPassive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecoursePassive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/investorletterSPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQReal Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit See acast.com/privacy for privacy and opt-out information.
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PDF Download - https://drive.google.com/file/d/1ST2srqST7b5Nb6PTDXAgXHGPyjzv4l0O/view?usp=sharingStart learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347_________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackPassive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecoursePassive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/investorletterSPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQReal Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit See acast.com/privacy for privacy and opt-out information.
Summary: On this episode, you will learn about the Secure Act and how it affects your retirement plan and your future. You will also this get this month's real estate market updates. simplepassivecashflow.com/investorletter simplepassivecashflow.com/green10 simplepassivecashflow.com/alf simplepassivecashflow.com/lendmistakes simplepassivecashflow.com/dentist simplepassivecashflow.com/2020-launchWebsite link: https://reialoha.com/videos-articles/Start learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347_________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackPassive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecoursePassive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/investorletterSPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQReal Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit0:06 Stay tuned0:08 we just do local guys with so much to say.0:20 All right, Hello everybody this is Episode 24 two years into this February 2020 we're going to talk about some statistics that's coming soon on MLS status and corage project update is this meeting is you0:37 ever everyone thank you for tuning in hopefully people know about me as well as you lane you retired CPA doing real estate investing and sales trying to use my bars for good now helping auto investors as well as owner occupants doing the right financial fiscal decisions. But anyway, as usual, we're going to start off with our first month of 2020 median single family home prices didn't do much in terms of changing at $770,000. But on the condo prices, we did see an uptick of almost 8% $229,000. That's like slightly under $400. From prior year, January. So that's a pretty big jump. That's for1:17 the year, right? Not month over month. No,1:19 this is actually month over month. Huge man. Yeah, that is that is and year every year to there was an uptick also, especially in volume for 2019 versus 20. At night, that would have been a good thing to talk about too. But um, there was a 2019 was actually a very robust year for a wahoo investors or real estate owners. Yeah, so very healthy real estate economy. Really good. You think that seven and a half percent on Oh, that's kind of a big deal. Yeah.1:49 Just like who knows, right?1:51 Yeah, I mean, we could we could chalk it up to the building, you know, Kakaako stuff, but like you said, it could be just like a hit. up, it's very generalizer because we're talking all of all. So that's the challenge in terms of trying to pinpoint it on one single thing. Yeah, but I'm close sales, we see a very big upswing on both sides both went up almost 8%, or single family at 265, close sales for the month and then 16% increase it 379 close sales for condos. The interesting side of this is that the last rule the third rule, where it's kind of contrary to the first two stats were median days on market for both single family and condos got slower at slower to 35 days for single family and 60 slore to 33 days market for condos. Now we're going over the one month mark, I guess you could see us that's kind of big. So I'm very interested to see what's going to happen next month because I look at the median days on market is more like the leading indicator versus the other stats. Like I did the last few months I've been trying to simplify it because he talked about the numbers, yada yada yada so picking a winner for January 20. 20 sellers or buyers and the winner are the few sellers3:06 dramatics I all right3:08 so I mean yeah overall with the prices going up like you said lean with that on the condo side jumping up so high overall we gotta go with the price increases the main reason for and the volume for that matter for sellers being the winner for January changing over to some new information so on Oahu for the high central multiple listing service, we started something new and it's this coming soon status that's now available instead of you have active we have in escrow showing in escrow not showing and sold. So now we have this new status called coming soon. That started just January this past January 2020. So what it allows listeners and agents to do is to almost like to pre list your place for sale and you can do it up to 30 days before you actually go live within active listening is relatively new. So what we're seeing is ism. You can use it if you know your network. Ready to go live yet maybe a tenant is checking out or you know, not transitioning out or you're still trying to do some repairs to get it ready or you haven't gotten it staged or whatnot. So while you're in transition high central is now allowing us to pre listed with this coming soon status. And I can see potential benefits in using this status for both my sellers as well as my buyers. And I say potential because I think it's not really being used because it's relatively new. So as of last night, I think there are only 24 coming soon listings on all of wahoo. So I think once people start using it the way it was intended to I think there's potential The way I see it, and again, this new but it would be like pocket listings, where you might be able to be in contract before you even list the property. So it could potentially saving money for sellers. You know, you don't want to put in the new carpet because this potential buyer reached out and negotiate something with the price. That's how I see it. And I've been trying that with my others now and we'll see how it goes. So if you guys are in anyone's interested in how this could help you guys hit me up you guys know how to reach me you know other cool stuff5:06 try nothing better nothing better to do right then5:09 we're trying to you know I'm trying to be progressive right and training for Harvard can't help my clients save money so I'm not sure 40 hour week day job part time real estate agent on the side anymore.5:21 You know that you know that like the coming soon like you would think like you put it on there you just gonna have a lot of bottom feeders just throwing you junk offers right so you get the free list price. So you're desperate. Yeah. Are5:34 they seeing if the sellers does?5:36 Okay, I could see that as a potential but I also see it as say you have a potential buyer looking in complex that they really want to buy in so they have an auto mailer that will send them any active or coming soon inventory that pops up so they get it now you have this information and the buyer really wants it and you know, the CO we discuss it's been it's been a strong seller's market for so long that buyers in certain areas. I mean in certain price points they're losing out because some multiple offer situation and so it could potentially have buyers being able to not necessarily sneak in but get a jump on a potential listing and potentially talk to the other side and see if he can strike up a deal and save money on both sides because like I said, maybe the seller is prepping it all we're going to change the cabinets or we have to redo the flooring because it's totally messed up but you could have a potential buyer who's like, Hey, you know what, I'll take it as is because I know the bones in this building are going to be good and it'll cost me at most five grand to do the flooring or something and I'm fine with that because I lost our last few times on my offers on this building and I can't wait any longer so it could not necessarily I mean like you said there's potential for like low ballers go bother investors or whatever. But then if that's the case, you just wait till it gets listed right? So it gives sellers more options. If anything,6:51 I can feel it could hurt you like if you're listening my condo in here, right? And we're going to market we're on market for like a few weeks already. At the Soccer comes on coming through and right. And then he blows our this thing out of the water. It just makes more competition7:06 for selling right, potentially. Right. I mean, that's but then again, he's listing it coming soon for a reason he's not ready to go live. So yeah, like you said it gives way to more competition from the standpoint of your no sooner before it comes on. And so it's just more of a transparent market, I guess. Yeah.7:23 Yeah. I wonder and whenever they have something new like this, there's all kinds of loopholes, right. And people always trying to gain the system. I wonder if you can put something on coming soon. Take it off, put it back on 45 days, take it off, put it on and find out right. Yeah, right. You're gonna try that one? Yeah. The7:42 husband chose getting smart today change certain rules to get around the loopholes to like Nicole, you said if someone didn't want to show the cumulative diesel market because they temporarily pulled it off and on. So it's a dynamic process. And I think,7:55 yeah, you're not trying to cheat. You're not playing by the rules, not for your client. Right. Right. Right. Hey baseball, fields zine business8:03 when you borrow money,8:04 so that transition to our next topic, which is associations in the news. So I think last month, we talked about how our association dues maintenance fees, it's not that they're totally sunk costs, we're getting value for what paying right in terms of deferred maintenance, saving the funds in reserve to do capital improvements, like roofing, elevators, things like that. So I was trying to talk about the good side of association fees. And so last week, in the news, there was kikki johannah. tower that came out maybe eight months ago, like last year, and this is reserved housing majority of it was reserved housing. But just recently, I think in the last week, they announced that they're going to increase their maintenance fees as much as 50%. And that's mainly because the common area operating costs like electricity in the common area and labor to maintain the grounds were under estimated when the first set the fees. So now of course rate, if euro by the body months, I'd be up in arms too. So now they're trying to figure out how they can try to reduce these costs and therefore not increase the fees. So much. So, and this is on the flip side of the association fees, it can kind of hurt you, right? So, and again, this was reserved housing. So like a two bedroom condo was was going for, like 500,000. So they're getting very reasonable deal. And of course, you know, they have to qualify for it. And this is in the heart of Kakaako. So it's prime urban sprawl prime living so lucky for them, I mean, the prices unlucky for them is Association fee hikes and feel for9:36 them, but what you can do right, so I just wanted to talk about that a little bit in terms of the good bad and the ugly of association fees. And most people like think condos are cheaper, right pricing there is but then you got this implied fixed costs going on and potentially variable costs in the future.9:52 Yeah. And the thing too, is that one had mixed use,9:54 you know, down below was on the lobby was9:58 CVS, right. So you think that would offset some of the coming era costs but friendly not so. Oh anyway next I wanted to give another update on corage development again this is a neighborhood that's coming up in between is pro city and Mililani and YPO jenji so I spoke to my contacts of our castle and cookin basically, sales were pushed back to q2 of this year. I think initially the last time I had spoken to them it was beginning of this year sales are q1 sales are supposed to start and with the first delivery or people moving in the end of this year, so there's no change to that and if you live in the area, you'll see that they are starting a lot of work and it's evident along the fringes along the the South Side especially as driving by Kamehameha Highway st able to take some pictures. So I just want to show you some of the update if you're familiar with the Kamehameha Highway and public storage here by the industrial area on the right hand side of the poster just do now in cultural center. So you can see their masquerading they're opening up this is actually going to be I think One of the south entrance and my understanding is they're starting construction of the houses on this is south entrance I'm serious might have a few more pictures on it to show how they're making it nice and pretty with shining gruesome grass along this grading here I used to make all the neighbors happy right? So here this red I was pointing to exactly where I took those pictures. So if you see that's the southern portion. Here's a Google Maps picture to give you an idea of what it looks like now again, it's all farm area. So all those plots of farmland are going to be houses and all along the h2 freeway. So at the top, they're supposed to be one big on ramp, I think if you So yeah, I just want to give an update on corage. If anybody wants more information or wants me to keep them in the loop on what's going on, feel free to reach out to me11:43 no pricing on that stuff.11:44 They won't say it's all going to be market priced. When11:48 is it like nicer than Makkah, or nicer the couple,11:52 I have to think it's going to be above Malka in terms of the rate. That's it. I mean, it's Don't get me wrong. They're gonna have all different types of gear. They're gonna have Tom houses they're going to have their industrial this was to be elementary school there's gonna be retail but the housing I'm sure it's going to be like how they develop you know anytime in the middle any market rate or the start building at the bottom and then as they go up especially like the Millennium aka those perimeter lots closer to the top and the edges are all the high end more more custom type homes. So if I had to guess it would be like a similar strategy right12:23 because when Kapil a and all the other villages came out it was lower than milania stuff. Right?12:28 Right, right. I mean, you can also think about geographically they're a lot further out west and hopefully this year is going to be cooler like milania Why Why is12:38 higher median income demographic wise?12:41 Yeah. And it's in theory, you know, it's it's closer to town, but further from capoeira, the second city.12:50 Where do you live out here?12:54 And that's partly why I took pictures too is I'm curious to see how this is going to pan out because I live Milani town right? Yeah. And the order set of Mililani13:03 yeah pumping that medium income up for everybody. taxes so you guys mainland investing check out my podcast simple passive cash flow and the local group Aria Aloha. Join our meetup there and the Facebook page but I'm gonna run through a bunch of headlines this one that people from Hawaii really like this Las Vegas news. You know where that is, if you look at that picture, Dean, I'm no I don't know if you've been to Vegas a dozen times but yeah, so this little sliver that you probably bought by your drive by is getting sold. So that'll be changing hands here soon, but some real notice here. So in case you guys didn't realize, but the US government stole a whole bunch of money from you guys this past month, the secure act you probably never heard of it. But it's pretty big deal with this came about if you recall, like the government shut down and this was governance that was put into act to make sure that that the economy can Going by the government kept working. And it's a way of they've harvested funds from taxpayers, essentially, they got rid of the stretch IRA, here are some other changes that are a little less taxing on people, they increase the age for minimum required minimum distributions, the 72, or we call rmds. But here's the biggest thing that not a lot of people realize you're like a stretch IRA Dean, before if your parents died, and they had an IRA, you could inherit it, and you could withdraw it or take it as taxable income pretty much for a long time. But now they said, All right, we got rid of those, you only have 10 years to do it. So essentially, if you your accounting guy or numbers guide, the government just slid a whole bunch of money up in the next 10 years that they can get their hands on,14:47 because they want their income taxes on it.14:48 Yeah, and this is why I don't like retirement accounts because they always do this stuff to us. I mean, not not me anymore. I don't have any of this stuff. There's exemptions for this. So like if you pass away and you're serving You have a surviving spouse, children under the age of 10. disabled or chronically ill this doesn't apply to you but for 99.99% of people out there, you got to pay up you got to take it as income and pay the government your taxes because they want it. And, you know, this is just an example of what happens when you have certain people in office right? It changes like if you call when Clinton was in presidency, it was pretty nasty. You had to the inheritance tax if you had a state bigger than $600,000 you got a tax and anything more than that now it's like 4,000,005 million. It's pretty I know, we never know if the surviving spouse exemption is going to go away stuff changes. So yeah, you know, you guys votes matter leave it at that. I caught multifamily markets in 2020 they're saying small metros are and suburbs are where to look for rent control makes a comeback as housing crisis grows. Late last year, we saw three states passing new laws in 2019 limiting or rent increases. Yo if you Buying and blue states this is what happens. They're talking about that over here too. I like to follow the U haul trends it kind of follows the workforce blue collar workers it's what I personally invest in. So these are where the top growth cities in 2019 a lot of North Carolina a lot in Florida, Texas, Idaho, there's a Manhattan than there and much Alabama's and there's sin there's Anderson Nevada, I put this on here then I realized maybe the city's isn't the best way I'd rather see it marma state level or MSA level director indicator and then you know, I like the U haul because this is where the people like I said blue collar I mean I used to use u haul but Van Lines is a similar report that is more for white collar workers. You know when they get moved their company usually relocates them16:46 immigration trends of your potential tenants. Right right.16:49 Man conservation easements we talked about this last time what it is, but if you didn't catch that one, what this is is for guys making over $350,000 A year when you get above that threshold, you're going to get killed on taxes. So what a lot of credit investors would like to do is they'll donate money in the form of land conservation easement to get a taxable deduction. But unlike when you donate $500 to the self initiative harmony when you donate $1 To a land conservation easement, you get $5 around their donation or taxable deduction.17:25 And this is also one that's buyer beware too, though, right?17:28 Yeah. So it's getting a lot of unpopular attention and Congress as it should, because it's a head scratcher, right?17:34 Until you just the one that my CPA had told me that IRS are kind of cracking down on the industry and the shady ones, at least.17:41 Yeah, yeah. So like what a lot of developers would like to do like golf courses will designate an area as land conservation easement and then sell it to investors and then they'll donate the land essentially, but the head scratching part is like how they increase the value of the property about five times as they're donated value. You know, some of these guys are calling it 510 20 times more and that's when you're kind of getting a little greedy but we're in a holding pattern right now. You need to do it talk to your professionals but a lot of my clients are kind of in a holding pattern doing this stuff, at least waiting till the Department of Justice and the Congress battled this out markets with the largest rent growth and largest rent decrease. So on the top there, we showed this last time, but Midland Odessa, Honolulu had the was ranked number two across the nation as a decrease in percent change in rents. That's not a good thing. Well, I guess depends what side of the table you are right? Right. You know, I'm a renter. That's true. What do you think like if I came the landlord and I was like, Well, here's this data. Can I get like a 1% or 2% decrease in my rent? I wonder what happened? I doubt it. Scranton, Lafayette Lake Charles rounds up the top five of the bad boy list. Decreasing rents but where's it hot? It's Pensacola Phoenix Huntsville, Las Vegas and Portland, Maine. There you are Victor ideon and Las Vegas19:09 and used to enhance story19:10 Yeah, we'll see what happens in a recession who's19:15 got my my19:17 Amazon created this 1.4 million square foot Florida project around Huntsville. But I put in this here it's a little bit of fake news because it's only 500 new full time positions in this fulfillment center usually you're looking for you know, in especially in a tertiary market of like 100,000 population 500 jobs isn't that big of a deal I'll be when you get to a range of one to 2000 that's a little bit more newsworthy in my opinion19:44 would also depend on like the current trend in their economy Nick if we talking about like Detroit or something or they're depressed and in something like this comes about it's bomb to jack it up a whole bunch radiances and taking it is comes with a grain of salt from that standpoint, too.19:59 Yeah. just seemed like the these newspapers just need to make headlines right and yeah, Amazon is a big name. Oh yeah, of course realtor.com and they came out with this 2020 housing forecasts, they said that the mortgage rates will go up by the end of the year to 3.88%. I would argue itself pretty steady anyway. Yeah, average median home price will go up by 2%. existing home sales or volume will go down 1.8% and single family housing starts will go up 6% but I'm, as we'll talk later, it will be much less than the growth rate. There's still a housing shortage, Millennials will make up 46% of the mortgage origination up from 43% last year you working with any millennials? I am Are they the old kind? Or is it like no, no kind of young? Yeah, sometimes you can have a 40 year old millennial to Oh yeah, I got Jason some of this data they, they love, they love like weird ages sometimes. And so They21:00 said You mean mindset? Oh, yeah that too.21:05 We can talk a little bit more about that. We got a slide on that later. Okay. Us monthly volume and pricing trends by sector it for years. You guys listening on the podcast and by the way we have a podcast now Hey, watch this while doing chores for your spouse, and you give massages while you're listening to podcasts. You can listen in 2.0 speed touring. Yeah, a lot faster. Or you can just watch this on the YouTube and just watch the words that we're going to read. But we have some graphs on here on the office, industrial retail and apartment trends. Howard Hughes spends half a billion dollars in Houston on the are narco petroleum and conical Philips old headquarters down there in Seattle, their office employment is going way up. And it makes sense because that workforce space is very tech21:54 oriented. Your old stomping grounds.21:57 Yeah, they don't work out there in the field. Like their offices, largest employer by state, so I have a picture of all the states out there and their biggest employer, Hawaii is alterus Industrial you ever heard what is that?22:11 That's, um, that's outsourcing work. That's labor outsourcing. So that's super interesting. I think,22:17 what is that? Like? What do they do22:19 they outsource work, like, if you need, like a secretary or temp secretary or you need admin clerics like that, then you hire them. I think if that's all just that I thinking of my old employer, we went through them to hire a admin assistant22:32 temporarily. Do they pick from the local workforce? Are they like hiring people out in the mainland?22:37 It was local. Yeah.22:39 I don't know if that's a good thing or not.22:43 No, that's interesting. Yeah. I mean, maybe it's cheaper to go through a third party and you're just paying them an hourly set fee and you have to worry about HR and HR and retirement and medical benefits and stuff. Yeah. So I mean, that's just it's not like outsourcing to India or anything, but if that's True. That's convention that's super interesting23:02 little Nevada where Las Vegas is their highest employer is MGM resorts and everywhere in the south Texas, Oklahoma, Kansas, Iowa, Indiana, Illinois, Indiana, Ohio, I think that's Virginia and everything we're in the middle is Walmart.23:22 It's even more interesting. I didn't23:23 know that Montana and Wyoming are Walmart to say oh, I work for Walmart you're part of the union or tribe. So I buy mostly BNC class apartments but I kind of look over the fence that the a class stuff from time to time and some of the new amenities you're seeing in a class apartments luxury stuff or like the Hilton bikes peloton. Yeah, you own I love I did not I did not have one in this next year.23:49 It seems really cool. I like it's funny because I was talking to my wife about you know, I really want to I like the rubric just sizes because I like the energy and then he sometimes any Somebody to push me so this is I guess the next best thing right? Because you're at home you have screen either you're watching a pre recorded video or you're live with people yeah, suddenly it's the next best thing then then being at 24 Fitness or24:12 you should check out the the the mirror is in that thing. No, it's like a mirror. That's a mirror but it's also a screen so you can see yourself and watch the person to imitate them. And you can you24:24 Oh, that's actually kind of powerful for like, yeah, dancing so I can see a very applicable24:30 Yeah, but maybe it's just motivating or unwilling to see yourself.24:35 Well, unless it's like makes you look thinner or something then maybe you can bend the outs, words, insights that makes you look thinner.24:41 Yeah, I said I'm thinking or, you know, on the smartphones, yeah, makes your complexion look24:47 nicer, make you work harder. You got a larger gap to fill. I have a graph of this isn't the stock market. This is the US market divided by GDP. So we are right at the 2000 Level year 2000 Oh Macy's my wife loves Macy's Don't worry guys they're not closing they're closing 30 stores across the nation by our beloved one in forage and all the water is here to stay25:17 but the question is for how long range yeah25:19 and across the nation other stores here one are closing down and bows that makes our Bose headphones that allow us to drown out the rest of humanity is going out of business and crying babies on the plane. Yeah. Do you know what Five Below is there to know? What's that? Well, if you go out to the middle of nowhere America, there's these five below. They're like discount retailers. It's like 99 cent store but $5 and below Okay, okay. Yeah, I didn't know either. I walked into one because I thought it was a frozen yogurt place when I was like visiting some properties. Okay, like, Oh, this isn't for you here. Maybe25:55 stuck. You want to watch in a downward economy?25:58 Yeah, in the other session. Yeah, the dollar to Family Dollar went did real good. I remember that26:04 $750 million Ponzi scheme from the income store. So I did a podcast with another gentleman who buys websites. And what they do is they fix it up virtually right? they'll create content, they'll increase SEO, and they'll increase the net operating income essentially and then sell it but I guess what the income the income store I don't really know if I know what it did. You guys can look it up on your own. But it was a place where you can buy and sell these websites, but they turned out to be a scam. Was he telling me about26:35 the income start? No, no.26:38 No, yeah. This is why he did like this, right. They26:42 can work from wherever. Yeah, no, I said you mean you help these guys out and he's accomplished.26:48 But this was a big I think a lot of people went to this website. All right, let's beat up on the millennials now or this case, medium age of homebuyers is now 47 years old. Can you believe that used to be in the 1980 era, medium age of homebuyers in the United States was 31 years old. And in the last 40 years, it's gone up to 47 millennial share of the US housing market is small and shrinking. So the little graph of where the baby boomers were at and then the Generation X people, yeah, Gen X or Yeah,27:26 Mm hmm. Well, what I was curious about is the last stat is like, I'm assuming that that's all owner occupied. So like, what about guys like you are renting but using your money to invest you fall on as a non buyer, Daniel?27:38 Yeah. Or it's like other statistics on unemployment, where they like phone people, but how do you measure all the people who are pissed off and they don't want to answer that too, because they're out of work?27:49 Yeah. Well, yeah. And the dare say that the unemployment rate is is very skewed to because it's excludes the unemployed who have totally stopped for a long time now.27:58 Yeah. People get up, right? Yeah, right.28:01 It's good also that the statistics are skewed in that sense, and including the ones that are continuing to try to apply for jobs legitimately or illegitimate. Right?28:11 collect unemployment rate. So there's ways to not be in that number. So that's deceiving, I think when you guys are looking for houses to sell, but there's a recent trend in CO showering and multi generational houses, and I read this one article, and it kind of showed all these things and that's what I picked out. I don't know if it's literally people are coming together to save money, but I do know like a property that was built in the 1980 or 1990s. So not too old. Well, what we're going to do on that is we're going to get rid of the tubs and put in a new column luxury shower, but you know, it's not that expensive. People would rather have a shower than a tub will get a $50 rent increase for that.28:52 I know of people who get a single family and chop it up two rooms or even like little cubicles, and it's almost Like not a youth hostel per se but they're renting out the room and then they have shared kitchen and bath and they're all individual usually singles in a maid military or doctor or residence or something and then they don't mind this need a place to sleep and they don't mind sharing kitchens and the bathroom with other people they don't know and then they end up getting to know them so it's almost like a long term Airbnb, I guess. I don't know how else to explain it. But in that sense, yeah, the landlords happy because you're you're collecting way more than you would if you're just renting to one single family long term and we can see he totally handle your vacancies very because if one person leaves and it's like one out of five or one out of seven, so29:35 I went through I said it on a pitch for this guy. He was doing an app and it's like crowd surfer but he was like exactly what you said the long term renters but they just want a room. He was telling me all these nightmares that would have initially right when they first started out they had to make it was the same sex or because obviously you know the issues with that with it and I think they gave the people free Netflix. subscription because they found out if they're just on their phones all the time or watching Netflix that there's little interaction and that's where the problems of the company is when tenants interact. So if you keep them at their problem,30:15 that's their reality, right? They're watching the Netflix and that's where their world is at. So, right the outside world is there in their matrix.30:23 Another trend Hilton is launching a new lifestyle brand called Temple by Hilton. It is designed to appeal to ambitious modern traveler I needed glasses I thought that said women travelers for strategy strategies for 2020 success in the classroom multi speaks to the first one was new markets so getting out of places that everybody has been talking about for the last half a decade Dallas, Texas since everybody's looking there and everybody knows it's a good market tech so they said like old tri news be I'm not gonna say her name a LEX a because things will start to happened if I say that word here or other forms of technology in the apartments, treat your employees? Well, a lot of these places, the employees, the office staff and the handyman workers are on salary as opposed to paying your tenants or you're paying your property manager certain percentage primarily. And then different regulations. As we said, you know, the rent control Diem, did you know that in 2025, there will be more people turning 65 than babies being born.31:27 I did not know that. They are doing the assisted living. But yeah.31:32 That's like everybody talks about that thing. And it's man, are you looking for something super hard and difficult where you haven't owned a property31:40 for high liability? Yeah, well, I mean, if you talk about trend, I mean, that makes it spot on right, that hits that heartstring right there in terms of telling me where to look. So maybe it's not that maybe it's things that he's 65 year olds are going to be using31:55 that type of market my buddy he does venture m&a is like the cool way of saying it but merger acquisitions. But you have all these older people who have built businesses and obviously haven't really employed the best technology and systems and practices but just created with hard work, right? Good old fashioned business sense, but they're unable to sell the business. So mergers and acquisitions is a good way to play that I think is you take a business like a restaurant or an insurance practice, or like a dentist franchise, and you buy it. I think that's a better way to play it.32:28 That makes sense. I've seen that too. Like in the accounting world on the CPA world, a lot of CPAC start off the work for the big four are being backed into the big six and then you know, they find out they want to be entrepreneurial, or do you want you don't want to be partner here. They want to work on their own. So they open up their own practice. And then by nature, it grows because they get more and more clients and then they call you said they're hiring employees who are good at doing the work. But when it comes time to succession planning to hand it on, even their children don't want to take it over. So what do you do now? Right, so I've heard great stories of operatives. Ladies like that, I guess you could say for the small practices that don't have a plan, it is great. I mean seems to be like a win win. Because usually, if the agreement works out, the employees are retained and the management company gets company to take over with more volume and more actually adds a different niche to the larger companies that might have had larger clients.33:21 Yeah, it's definitely interesting, right? The phrase that's always said is who is the person that has the keys here, right, if that CPA leaves or retires business is going to fall apart? Yeah, that's why you don't want to buy that business. But there's always a way to keeping that person on retainer and making their buyout contingent on X amount of clients thing.33:40 And a lot of times you know, it's not to say that the partners are irreplaceable and they are facing the challenges like you said, you need a smooth transition because of course you're gonna have attrition rate. So the plan is you just make sure in your that m&a deal when you're pricing it out, which is usually based on digicash rules is that you're you're taking to account if you're on the buying side that the attrition you follow34:00 You want to do is retire and play pickleball three four times a week then why get into all that stuff?34:06 Yeah. Where do you play pickup on case people want to hang out with you?34:11 I started off playing in Mililani town there's a we have a recreation rec center three and so there's eight dedicated courts so if you're not come by hit me up. I'll go all over the island though you guys want to play? I love Ilene honestly, it's a great sport. It's one of the fastest growing and young guys are getting into too. I think a 21 year old professional came down from the mainland he stopped by and we got to experience some pro to corporate flying artists Honestly, I do enjoy it. I laugh about it initially. This is an old fox game and it's kind of dorky and stuff but I'm enjoying it a lot.34:45 I well, while you're doing that, I would say hundreds of thousands or millions of employees are trying to race for the spiky thing in corporate America. Somebody right now is working his 14th or 16th hour needs to go home and sleep for four hours. Before coming back35:01 Super Bowl commercials on it right to rice and anything35:04 yeah another statistic I was at this family office meeting and they're talking about how in that slide to the right is how energy storage is has changed and will change before it was a power plants to the houses and then now we got all the solar panels and maybe the solar panels might feed outwards eventually but the other statistic was in 2026 the cars will they'll be more electric cars than gas cars35:31 I thought by then don't be hundred percent. I mean, a lot of manufacturers are saying bye. I thought it was a 10 years they're gonna be out of production for Dynamo fields are gonna be easy. I thought there are shifting you have people already off the grid with some battery storage.35:46 I think I'm going to buy that Tesla truck. Really? Yeah, that's gonna be a couple years I still gotta drive my car. So next headline here housing market following short by nearly 4 million houses as demand grows. So as much as you see housing prices going up, the demand is going up much faster vacancy rates have been going down over the past decade and home ownership vacancy has gone down slightly also. And I think that's at the end here. I do my little book report to you, Dean. I've been reading this book willpower doesn't work by Ben Hardy. Did you36:21 tell me about that? I bought it from the library. You read it? I think I skimmed it, but I had to return it by the time go talk about it. I need to hear what you get to36:29 see. Well, that's exactly why willpower doesn't work. You don't need the damn book.36:33 Oh, it's because I didn't take the distractions out right? Because isn't that what it is in the whole premises because we'll Park doesn't work you need to take all the distractions out of your life so that you can focus in on the things you gotta do. You know, these36:44 books are just kind of space fillers, right? Half of it is you're a human being you're not a machine, right? And I already kind of know that. But then the other half of the book are things like you said, and then creating systems to set yourself up for success which you36:59 are The master of lean and let's say you can't make any37:02 systematic changes this past month I can steal37:07 no nothing earth shattering I still gotta keep on looking back at my vision board and for me it's the passion is still the real estate sales but one thing that I've had to refocus on his power talking about like he said to be able to play pickleball as they still want to increase my investment portfolio my real estate my buy and hold real estate portfolio so that means I need to increase my deal flow from that standpoint so that I haven't been I've been working more on the real estate sales side and helping others out so you got to step back and help yourself on to me the real estate sales part is the fun part and I enjoy that and passionate about that but I need to also step back and own a build my deal flow because I also have my own personal investing goals set for the year on my vision board. So I got to relook at that I guess yeah,37:53 buy another cup of health if you can play four times a week. That's a part of it right rewards setting rewards for yourself. Yeah, I think that's what they talked on this book too.38:03 Okay, yeah, we're gonna travel the world with you to link one of these days.38:07 Have some fun. This is the part where we talk about the legal disclaimer and you're not giving any legal tax or investment advice relationship advice, advice that's it and hope you guys liked it check out the YouTube channel and join ariella Hall comm check us out there and anything else for the folks there, Dean. Oh, just keep on keepin on. All right. Take it easy, everybody. Bye. Bye.38:37 Three real estate investing you check out our e i aloha.com.Transcribed by https://otter.ai See acast.com/privacy for privacy and opt-out information.
Summary: January 2020 - Hawaii Real Estate Investing News with Da Real Estate BraddahsWebsite link: reialoha.com/videos-articlesStart learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347_________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackPassive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecoursePassive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/investorletterSPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQReal Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit See acast.com/privacy for privacy and opt-out information.
Ep. #21: December 2019 - Da Real Estate Braddahs LIVESummary: https://drive.google.com/open?id=1IIZIck-7Eb_BxufcvnT550TttgaF2TrmYoutube link: https://youtu.be/2H0bnatlUZA?sub_confirmation=1Website link: http://reialoha.com/2019-12/Start learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347_________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackPassive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecoursePassive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/investorletterSPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQReal Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit See acast.com/privacy for privacy and opt-out information.
Video - https://youtu.be/ln3WXZKoEngTop Questions:Can everything be completed online?What is the minimum down payment? Do I get a better rate with a greater down payment percentage?Can I lump multiple properties into one loan?Why do you need so much of my personal information/documentation?How long is my preapproval valid for? Top Mistakes:Borrower quitting job after starting loan process and NOT giving Loan Officer a heads upBorrower opening up new debt after starting loan process and NOT giving Loan Officer a heads upBorrower signing multiple contracts without consulting with Loan Officer firstBorrower plans out of country vacation in middle of loan processBorrower does not get preapproved prior to signing a contractBorrower buying multiple properties at once with different lenders and does not discloseBorrower does not disclose free and clear propertiesBorrower not being upfront about everything as it relates to their loanNot Seasoning funds (50% of gross income)Start learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast/simple-passive-cashflow/id1118795347_________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! –SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackPassive Investor Accelerator eCourse - SimplePassiveCashflow.com/ecoursePassive Investor Accelerator eCourse & Mastermind - SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/investorletterSPC YouTube Channel – https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQReal Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit See acast.com/privacy for privacy and opt-out information.
Summary: Ep. 20 November 2019 - Hawaii Real Estate Investing News with Da Real Estate BraddahsYoutube link: https://youtu.be/DZUlm0RcsB8Website link: http://reialoha.com/2019-11/PDF link: https://drive.google.com/file/d/1Ccq2...Join our events - reialoha.com/meetingsStart learning about real estate investing - SimplePassiveCashflow.com/startSubscribe to the Top-50 Investing Free Podcast - https://podcasts.apple.com/us/podcast..._________________________Top SimplePassiveCashflow Posts:This website has been going through daily improvements everyday since 2016. I admit things are a bit all over the place as I learn about these investments and wealth tactics. Events – SimplePassiveCashflow.com/eventsPast Projects - crowdfundaloha.com/past-projects/Simple Passive Cashflow’s Investor Friend Finder!!! – SimplePassiveCashflow.com/friendsMenu of Investing Options – SimplePassiveCashflow.com/menuLaneHack – SimplePassiveCashflow.com/lanehackGroup Coaching Mastermind – SimplePassiveCashflow.com/journeyCoaching – SimplePassiveCashflow.com/coachingJoin our Private Investor Club – SimplePassiveCashflow.com/clubJoin our Team – SimplePassiveCashflow.com/jointeamOur Mission – SimplePassiveCashflow.com/missionPartner Opportunity – SimplePassiveCashflow.com/partnerProducts I support – SimplePassiveCashflow.com/productsAbout Lane Kawaoka – SimplePassiveCashflow.com/about-meQuarterly Investor Updates – http://simplepassivecashflow.com/inve...SPC YouTube Channel – https://www.youtube.com/channel/UC3cI...Real Estate Book Recommendations – SimplePassiveCashflow.com/booksBackwards Engineering Happiness – SimplePassiveCashflow.com/happyRental Property Analyser – SimplePassiveCashflow.com/analyserVisit Lane in Hawaii – SimplePassiveCashflow.com/retreatStart Here – http://simplepassivecashflow.com/startUltimate Simple Passive Cashflow Guide to…1031 Exchanges – Simplepassivecashflow.com/1031guideNewbies – SimplePassiveCashflow.com/noobInfinite Banking – SimplePassiveCashflow.com/bankingYour Opportunity fund – SimplePassiveCashflow.com/ofundTaxes – SimplePassiveCashflow.com/taxTradelines – Simplepassivecashflow.com/tradelinesTurnkey Rental Guide: simplepassivecashflow.com/turnkeySyndication Guide – simplepassivecashflow.com/syndicationCrowdfunding – SimplePassiveCashflow.com/crowdfundingNetworking – SimplePassiveCashflow.com/peoplePrivate Money Lending – SimplePassiveCashflow.com/lendInvesting in Coffee/Cocoa – SimplePassiveCashflow.com/coffeeInvesting in Non-Preforming Notes – SimplePassiveCashflow.com/ahpRent don’t buy – SimplePassiveCashflow.com/homeInvestor Fallacy: Return of Equity – SimplePassiveCashflow.com/roeHow to Calculate Investment Returns – SimplePassiveCashflow.com/returnsWhy you should break up with your Financial Planner – SimplePassiveCashflow.com/fpQuitting your job – SimplePassiveCashflow.com/quit See acast.com/privacy for privacy and opt-out information.
Topics:Market Stats | Plethora of News and commentary| Live Q&AYoutube - https://youtu.be/2TmEIGHuoqMPDF deck - https://drive.google.com/file/d/1iBPzjWLaQMxyY0K-ip4KjJbHN6B_uoXz/view?usp=sharingLinks - http://reialoha.com/2019-10/Hawaii's only passive investor club:https://www.meetup.com/REI808-Passive-Real-Estate-Investing-for-the-Working-Class/https://www.facebook.com/groups/SPCHUI808/Here is a sample video of a past meeting: https://www.youtube.com/watch?v=L-WOd6EUpqk&t=18sBookmark our shared vendor list:https://drive.google.com/drive/folders/0B8mwpKEL4l5RckZSbkxEY0dPVm8?usp=sharingIf you would like to be notified of our monthly meetings text "aloha" to 314-665-1767. Once you sign up we will send you a secret link to access our google drive of analysis spreadsheets and resources. SimplePassiveCashflow.com is for working professionals who are looking for diversification and better returns outside of traditional investments such as mutual funds and stocks. We help the hard-working middle-class build real asset portfolios by providing free investing education, podcasts, and networking plus access to investment opportunities not offered to the general public.The Hui Deal Pipeline Club (simplepassivecashflow.com/club) is a free investor club where I filter investments and underwrite the numbers and partners myself. Unlike other investor lists and groups, my investors have personal access to me and know that I personally have skin in the game investing alongside with my investors. See acast.com/privacy for privacy and opt-out information.
Topics:Koa Ridge | What is bad data | China trade update | Investor EducationYoutube - https://youtu.be/2TmEIGHuoqMPDF Slide Deck - https://drive.google.com/file/d/1iBPzjWLaQMxyY0K-ip4KjJbHN6B_uoXz/view?usp=sharingAll links - http://reialoha.com/2019-9/Hawaii's only passive investor club:https://www.meetup.com/REI808-Passive-Real-Estate-Investing-for-the-Working-Class/https://www.facebook.com/groups/SPCHUI808/Here is a sample video of a past meeting: https://www.youtube.com/watch?v=L-WOd6EUpqk&t=18sBookmark our shared vendor list:https://drive.google.com/drive/folders/0B8mwpKEL4l5RckZSbkxEY0dPVm8?usp=sharingIf you would like to be notified of our monthly meetings text "aloha" to 314-665-1767. Once you sign up we will send you a secret link to access our google drive of analysis spreadsheets and resources. SimplePassiveCashflow.com is for working professionals who are looking for diversification and better returns outside of traditional investments such as mutual funds and stocks. We help the hard-working middle-class build real asset portfolios by providing free investing education, podcasts, and networking plus access to investment opportunities not offered to the general public.The Hui Deal Pipeline Club (simplepassivecashflow.com/club) is a free investor club where I filter investments and underwrite the numbers and partners myself. Unlike other investor lists and groups, my investors have personal access to me and know that I personally have skin in the game investing alongside with my investors. See acast.com/privacy for privacy and opt-out information.
Topics:Interest Rate | Building your team | China trade update | Locking your interest rates?Video - https://youtu.be/NwIB4jIixj4PDF slides - https://drive.google.com/file/d/1drKfrAaFd7LaVqRpX5zb0ChqTJzYoeTM/view?usp=sharinghttp://reialoha.com/2019-8/ See acast.com/privacy for privacy and opt-out information.
Monthly RE StatsReal Estate TerminologyShort Term RentalsBullish Economy newsYoutube - https://youtu.be/NwIB4jIixj4PDF Slides - https://drive.google.com/file/d/1zWsgDbsGw4jJpkHPBSRG03D0ssjW1Yh2/view?usp=sharing See acast.com/privacy for privacy and opt-out information.
Condo sale in Honolulu with simple stagingLearn what pre-sale improvements were madehttps://youtu.be/InKYLIcfOUQWalk through selling our home and why it may be better to not be a homeowner. See acast.com/privacy for privacy and opt-out information.
Ep. #15: June 2019 - Da Real Estate Braddahs LIVEhttps://youtu.be/q37oYiYuKNoMarket Stats Interest Rates China trade news Listener questionsSlide deck - https://drive.google.com/open?id=1qtLroNRfFai8RGm3Ku9uWO4cWM4JSCIN See acast.com/privacy for privacy and opt-out information.
Video - https://youtu.be/oWVxzt533_ADa Real Estate Braddahs - Selling Home In Hawaii (Mini-Series)Walk through selling our home and why it may be better to not be a homeowner. See acast.com/privacy for privacy and opt-out information.
Ep. #14: May 2019 - Da Real Estate BraddahsYouTube LinkMarket StatsTaxesBullish NewsDebt Discussion Download the PDF slide deckß See acast.com/privacy for privacy and opt-out information.
Ep. #13: April 2019 - Da Real Estate BraddahsYouTube LinkMarket StatsTaxesRecession Coming? Download the deck See acast.com/privacy for privacy and opt-out information.
Ep. #12: March 2019 - Da Real Estate BraddahsYouTube LinkMarket StatsCommercial news1% rulePrimary, secondary, tertiary markets Download the deck See acast.com/privacy for privacy and opt-out information.
Ep. #11: February 2019 - Da Real Estate BraddahsYouTube LinkMarket StatsIt's Local2 and 10 Year Inversion of T Download the deck See acast.com/privacy for privacy and opt-out information.
Ep. #10: January 2019 - Hawaii Real Estate News NOW - YouTube LinkHawaii RE Market StatsHome Ownership RatesHistorical InventoryHistorical RatesDownload the deck See acast.com/privacy for privacy and opt-out information.