The Wealth Elevator Podcast: Real Estate, Taxes, Investing

It's another coaching call!You can learn strategies for navigating their finances, ditching the rentals as a real estate investor, and building their wealth and net worth. Today, let's learn from Jackson, a Registered Nurse with a $1.4M net worth. Before, he had a whole plan to work on his job until retirement and have his pension by that time. Then he realized he didn't want to be in this job forever and also wanted to become financially independent with passive investment. Be like Jackson and join the free coaching call. Visit https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

Curious about what will happen if you leave your high-paying W2 job?Lane Kawaoka guested in the W2 Prison Break Show. He told his story of how he fired his boss (by quitting his high-paying W2 job), prepared for it (establishing passive income), and is living his life right now as a legit real estate investor. Join other real estate investors and us. Visit https://simplepassivecashflow.com/club Hosted on Acast. See acast.com/privacy for more information.

Are you curious if more affordable health insurance alternatives are available, especially if you don’t have your W2 job?Medi-shares are the topic of today’s podcast, and you don’t need to stay at your day job to have health insurance for you and your family. It’s affordable, encourages its members to have a healthy lifestyle, and there’s an option of video conferencing if you wish to talk to your doctor.A one-of-a-kind program to help you lessen the burden of medical costs.Head to https://simplepassivecashflow.com/healthcare/ to learn more about other alternatives. Hosted on Acast. See acast.com/privacy for more information.

When it comes to investments, investors are usually forward-thinkers. But is thinking about your elderly stage part of your plan as well?In this podcast, Alison Lee, Director at BrightStar Care of Honolulu, talked about home care options, private duty home care, and how the elderly and their family can prepare.It’s hard to rely on government plans.And as we know, policies can change from time to time, so whatever applies today for assisted living for the elderly may not be used in the future if you (or your loved ones) need it.To learn more about investing and other strategies from other passive investors, visit https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

In this November 2022 Monthly Market Update, Lane discussed the interest rate trends, rising apartment rents, softening of the U.S. economy (not recession), deceptive inflation reduction act, foreclosure activity, and demand in multifamily and the top cities where housing markets are cooling the fastest.If anyone is interested in joining the club, visit https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

House hacking is a legit way to get started in real estate investing, especially if you're in your 20s. But as you mature and increase your net worth, you'll realize that there's a more 'comfortable' way of reaching your goal towards FI (financial independence).In this podcast, Andrew Kerr, founder of Financial Independence by Real Estate Investing or FIbyREI, talked about how he started house hacking, some strategies he used, and how to reach FI status.Let's get moving and talk it over to see what we can do to move you forward to financial freedom.Visit https://simplepassivecashflow.com/club to start. Hosted on Acast. See acast.com/privacy for more information.

Venturing out on your own and seeing how far you’ll get is one way towards freedom, and it’ll be easier if you follow the simple passive cash flow path.In today’s podcast, we’re joined by Eric, an entrepreneur who’s used to building something on his own, and during the start of the pandemic, he saw the light of real estate investing. Listen and learn about his journey. Join us in our future events and meet other passive investors. Visit https://simplepassivecashflow.com/events Hosted on Acast. See acast.com/privacy for more information.

In the October 2022 Monthly market update, Lane talked about the booming renters market, why millennials can't own primary residences at the moment, and how real estate investors (and business investors) are at an advantage during this time. If you're confused by what you see in the news and if you're a good saver, join our club at https://simplepassivecashflow.com/club.Be with people who have the same mindset as yours! Hosted on Acast. See acast.com/privacy for more information.

Becoming your own bank is one of the strategies that the wealthy do.When you do infinite banking, it leverages the benefits of participating in whole life insurance to help you achieve your net worth and goal as a real estate investor.  It’s time to let go of the middle man (bank) and explore infinite banking to start investing in future deals. Visit https://simplepassivecashflow.com/bank to learn more. Hosted on Acast. See acast.com/privacy for more information.

Real estate investors follow a path beneficial for them at their present status.Will there be an instance when they will change their investing preference?Absolutely!Lane and Aaron talk about transitioning from buying turnkey rentals to becoming syndication investors in this coaching call.Buying single-family homes is an excellent way to start as an investor, but later on, you’ll realize the disadvantages it has, like being your own broker (besides your actual job).So, as you dig deep, you’ll start to understand that there are better and more productive ways to invest in real estate.Join us in future events, such as the annual retreat and property visits.To stay updated, visit https://simplepassivecashflow.com/events. Hosted on Acast. See acast.com/privacy for more information.