The Wealth Elevator Podcast: Real Estate, Taxes, Investing

More details: SimplePassiveCashflow.com/coachingSign up for the email updates and investor goodies (spreadsheets, mindset hacks, and other files)https://simplepassivecashflow.activehosted.com/f/3Once you have gone through the majority of podcasts feel free to sign up for a chat - Also to get into my projects please setup a call because we need to have a pre-existing relationship.Setup a call here: https://calendly.com/simplepassivecashflow/20/SimplePassiveCashflow.com is for working professionals who are looking for diversification and better returns outside of traditional investments such as mutual funds and stocks. Check out my Free Resources Below:1) The Hui Deal Pipeline 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. Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across:https://simplepassivecashflow.activehosted.com/f/3Mastermind Club: If you or someone you refer invests at least $50K into one of my future deals you will be invited to my exclusive Ali'i Mastermind with other 12-20 other serious investors to discuss deals and our own portfolios. 2) Join a Social Club: Seattle: https://www.facebook.com/groups/SPCHUISEA/ Hawaii: https://www.facebook.com/groups/SPCHUI808/ Portland: https://www.facebook.com/groups/SPCHUIPDX/ Bay Area: https://www.facebook.com/groups/SPCHUIBAY/ So Cal: https://www.facebook.com/groups/SPCHUISOCAL/ East Coast: https://www.facebook.com/groups/SPCHUIEAS/ Central USA: https://www.facebook.com/groups/SPCHUICUS/  3) Subscribe to my podcast on iTunes or Google Play. Google Android Phones: https://playmusic.app.goo.gl/?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&apn=com.google.android.music&link=https://play.google.com/music/m/Iizwgws56nif7jllsr5zqk74gh4?t%3DSimple_Passive_Cashflow_Podcast%26pcampaignid%3DMKT-na-all-co-pr-mu-pod-16Apple iPhone: https://itunes.apple.com/us/podcast/simple-passive-cashflow-podcast/id1118795347?mt=2Youtube: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQStitcher: http://www.stitcher.com/podcast/lane-kawaoka/simplepassivecashflowcom-podcast4) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund5) Need a legal, insurance, Virtual assistant, CPA, or other referral?. Shoot me an email Lane@simplepassivecashflow.com with a short bio.6) Please leave a review for the podcast!itunes.apple.com/us/podcast/simplepassivecashflow.com/id1118795347) Coaching Program to get you to your first rental in 90 days!simplepassivecashflow.com/coaching 8) Summary of every Simple Passive Cashflow Podcast: https://docs.google.com/spreadsheets/d/1gJc_p0RCKUPlKRiF17FgtXvcIkvZS-iHjGNo8Vts3K0/edit?usp=sharing Hosted on Acast. See acast.com/privacy for more information.

Correction: Hui Deal Pipeline Club acquires $50M of real estate and raises $3.5M for syndications2017 RecapAn amazing year which started on January 1 2017 me waking up in Atlanta after seeing my Washington Huskies getting destroyed by Alabama in the Peach Bowl and traveling to Birmingham to look at some turnkey rentals.A year of changes & 2018 Preview1) Just wanted to let you know that I have officially moved to Hawaii!2) https://www.youtube.com/watch?v=_upavLy3SEILet me know if you visit Honolulu! Let me pick you up from Honolulu Airport and have a consult for some tax savings.3) The first change this year was that old website that looked like "Flubber blew up” is gone and replaced with a decent website. I was also looking back at some old email newsletter that I sent out with some funny Gifs which I will post on the email newsletter and website.Here is video walkthrough of the new one: https://share.viewedit.com/iPBEYsNWW9uuvsZWJewFb34) I have been making additions to the YouTube Channel not found on the website so please Subscribe and Share: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ5) Personally I got up to 825 units… most of which in the second half of 2017 after a very quiet 2015-2016.6) I am migrating to a new database that will support over 900 investors in the Hui Deal Pipeline Club. Please fill out the following form so I can keep you up to date on the latest deals I come across... The new database is pretty slick so based on your answers.a. Acquired $35M Total real estate, 589 units acquired, 2M raised for syndications (Coffee, apartments, RV parks, Private money lending)7) With the success of our last four syndications and raising the following for the Hui Deal Pipeline club (https://simplepassivecashflow.activehosted.com/f/3) I will continue to expand the opportunities by continuing my membership in an Apartment mentoring group as well as a Syndication Mastermind to get access to higher quality deals. I spent $60,000 in 2016 and $30,000 in 2017 on expanding my network and knowledge and will continue to do this to produce the best deals and content. Going to goals seminar in January and will be thinking of where to take this. – Initiative not to “train my investors down” and improve my due-dilligence. Help me help us!Projects to come in 2018:• More Deals – I bought this drone!• Individual Coaching with discounts for need-based financial assistance• Group Coaching (www.simplepassivecashflow.com/coaching)• Webinars• Mastermind roll out for investors investing $50K or more in any of our deals (www.simplepassivecashflow.com/mastermind) Hosted on Acast. See acast.com/privacy for more information.

2010 - Moved from Tech jobQuickly scaled up his business and ran out of moneyInfill = urban settinggreenfield = land upStarted with JVs by small residential projects and expanded to apartmentsIt's not about the deal... It's about the teamSomeone told him to focus on raising moneyFundraise or Deal OperatorMFH is resilient to cycles but most of the larger projects have too many offers on one property... You don't want to being the winning offerUse interest rate reserve as another line item in the budgetDemand for class A is not there for what is builtFind where the line is in a city and move the lineDon't as about a general city, ask about a few block radiusStudent housing - look at the local market for over built from university (look at bedroom alignments)Unclear about military housing near bases which is like having one employerTax abatements offered on government stimulus for possibly 10 yearsNon resident owner might not be eligible for FEMA assistanceSFH property has all your cash in the deal2008 wsa a banking crisis not a real estate crisisDoes not have paper assets because his old CEO lied to the public and realized that the small investor has no controlSign up for the email updates and investor goodies (spreadsheets, mindset hacks, and other files)https://simplepassivecashflow.activehosted.com/f/3Once you have gone through the majority of podcasts feel free to sign up for a chat - Also to get into my projects please setup a call because we need to have a pre-existing relationship.Setup a call here: https://calendly.com/simplepassivecashflow/20/ Hosted on Acast. See acast.com/privacy for more information.

• Set up location based automations• Setup routine maintenance reminders• Set up news alerts• Have weekly updates so you can batch tasks and updates• Have alerts exception based via text or email• Followupthen.com• File away your emails• Pull tasks don't push it to you• Using gmail tags like "At home", "Bank Statement", "When you have time", "Stuff to do when I'm tired"• GTD by David Allen• 7 Habits of Effective People• Trello app• Don't go to grocery story at busy times and park far awayCheck out my Free Resources Below:1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund2) Join a Social Club:Seattle Social ClubHawaii Social ClubPortland Social ClubBay Area Social ClubSo Cal Social ClubEast Coast Social ClubCentral USA Social Club3) Subscribe to my podcast: Google Android Phones | Apple iPhone | Youtube4) Once you have gone through the majority of podcasts feel free to sign up for a chat:20 Minute Chat with Lane5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.6) I am partnered with a start-up Virtual Assistant firm out in the Philippines. Shoot me an email Lane@simplepassivecashflow.com if you want to try them out.More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k7) Please leave a review for the podcast!8) Coaching Program to get you to your first rental in 90 days!9) And finally... if you are just getting started Sign-up for Free access to the 10 Module Course:10) Summary of every Simple Passive Cashflow Podcast Hosted on Acast. See acast.com/privacy for more information.

• Sold off short term rentals and now Large MFH investor• Started in family construction business for framing• Started flipping then rentals• Moved from using cash for everything to using leverage• You can bring Money Time Knowledge or deal• Team up with Lane :P• Push through bad experiences• A year of learning MFH before going into it• Getting your Fannie Mae card is key via a mentor • Add value to a mentor • Keep your focus but pivot quickly• Mediation and running helps him set the day• Focus on where you want to be• Check out the classifieds in newspapersCheck out my Free Resources Below:1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund2) Join a Social Club:Seattle Social ClubHawaii Social ClubPortland Social ClubBay Area Social ClubSo Cal Social ClubEast Coast Social ClubCentral USA Social Club3) Subscribe to my podcast: Google Android Phones | Apple iPhone | Youtube4) Once you have gone through the majority of podcasts feel free to sign up for a chat:20 Minute Chat with Lane5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.6) I am partnered with a start-up Virtual Assistant firm out in the Philippines. Shoot me an email Lane@simplepassivecashflow.com if you want to try them out.More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k7) Please leave a review for the podcast!8) Coaching Program to get you to your first rental in 90 days!9) And finally... if you are just getting started Sign-up for Free access to the 10 Module Course:10) Summary of every Simple Passive Cashflow Podcast Hosted on Acast. See acast.com/privacy for more information.

In this episode we discuss:• Nest automates thermostats and one day in the near future is a good implementation in B rentals• HVAC or dishwasher breaks and technology can alert you• Technology good for B and A class• Class B rentals are having Amazon lockers and these Nest thermostats• Know your avatar• At one time backsplash in kitchens was unheard of and now its a cheap fix• What is standard in the market? Dishwashers, garage doors, laundry price, etc..• Zillow gives good filters for amenities like washer and dryers• Ask your property management what is standard• SFH's should have the tenant paying the utilities• RUBS is Reimbursement Utility Billing System• Skeptic on keyless entry soon but good for short term rentals• A lot of new hardware and software coming but lets try it out at our own homes first yea 😁• Use the technology in your rentals for tracking and monitoring• Don't have personal relationships with your tenants• Property manager's are the most critical people on your team and go off referrals• Yelp is just angry vendors writing bad reviews for each other• I look for the negative reviews as a good thing because they don't want to cave in to resident requests• A nest thermostat or Thanksgiving turkey might be a good gift to bait a longer contractCheck out my Free Resources Below:1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund2) Join a Social Club:Seattle Social ClubHawaii Social ClubPortland Social ClubBay Area Social ClubSo Cal Social ClubEast Coast Social ClubCentral USA Social Club3) Subscribe to my podcast: Google Android Phones | Apple iPhone | Youtube4) Once you have gone through the majority of podcasts feel free to sign up for a chat:20 Minute Chat with Lane5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.6) I am partnered with a start-up Virtual Assistant firm out in the Philippines. Shoot me an email Lane@simplepassivecashflow.com if you want to try them out.More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k7) Please leave a review for the podcast!8) Coaching Program to get you to your first rental in 90 days!9) And finally... if you are just getting started Sign-up for Free access to the 10 Module Course:10) Summary of every Simple Passive Cashflow Podcast Hosted on Acast. See acast.com/privacy for more information.

Ty Crandall is an internationally known speaker, author, and business credit expert. With over 17 years of financial experience Ty is recognized as an authority in business credit building and is the author of two books on credit named Perfect Credit and Business Credit Decoded. He has been featured by Entrepreneur, Inc, and Forbes. Ty currently serves as the CEO at Credit where he has helped create and grow one of the biggest and most credible business coaching operations in the United States. We help investors obtain capital to purchase real estate. Something that you have recently thought about “burning your cash” on for time savings or an improvement in quality of life. Several forms of automation, most recently an automated system for billing recovery. www.creditsuite.com, info@creditsuite.com, 877-600-2487Business credit does not use personal creditUses your Business EIN1) Set up a business, website, physical address, land line2) Get setup with reporting agency - write to reporting agency to see if you have an existing report3) Get credit cards using EIN (Do not use Social Security Number)4) Get Uline, Quill, Grainger, Seaton, Gimler, etc accounts5) After 5 accounts get Home Depot, Lowes, Cash Credit Cards, Amazon, Sears6) After 10 accounts get VIsa or Mastercard accountscreditsuite.com/reportsCheck out my Free Resources Below:1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund2) Join a Social Club:Seattle Social ClubHawaii Social ClubPortland Social ClubBay Area Social ClubSo Cal Social ClubEast Coast Social ClubCentral USA Social Club3) Subscribe to my podcast: Google Android Phones | Apple iPhone | Youtube4) Once you have gone through the majority of podcasts feel free to sign up for a chat:20 Minute Chat with Lane5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.6) I am partnered with a start-up Virtual Assistant firm out in the Philippines. Shoot me an email Lane@simplepassivecashflow.com if you want to try them out.More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k7) Please leave a review for the podcast!8) Coaching Program to get you to your first rental in 90 days!9) And finally... if you are just getting started Sign-up for Free access to the 10 Module Course:10) Summary of every Simple Passive Cashflow Podcast Hosted on Acast. See acast.com/privacy for more information.

Ace bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet. After selling it and seeing the benefits in buying a business over starting one, he caught the business buying bug. Since then he has bought and sold over thirty businesses and has helped his clients all over the world buy over one hundred businesses.Ace buys and sells internet businesses. He had done over 40 deals1) How much simple passive Cashflow are you making today and how are you doing it?I have a portfolio of over 30 internet businesses that create income.2) What is your Han Solo moment - Han Solo and his buddy Chewbacca from Star Wars were cruising around the galaxy as lowlife smugglers but then cross paths with Luke and Leia and his life took a pivot point. Describe the resistance that was the catalyst for change. Did you "burn the boats" or did you let it happen naturally - was there an internal (you decided to make a change on own – what was thought process?) or external trigger (ie got fired from your job)?My moment was definitely burning the boats. I quit college which basically meant that I was not going of have the normal 9-5 corporate life and set on the path towards entrepreneurship evers since.3) Worst life/business moment and what did you do after? Lesson learned?Losing my first business after having seven figure offers that I turned down.4) Current 2-week experiment and 6-month project? (90-180 day goal). A mark of a high performer is to put your ego aside and accept the help of others and mastermind maybe folks can help you by you asking.● Current 2-week experiment - taking three breaks a day for meditation● 6 month project - building a life where I live in both Atlanta and Miami5) What is your simple passive Cashflow number? Now imagine you had 2x that amount... Describe your ideal day, detailed routine, and what projects you are working on.● Ideal day - Exactly what I’m doing right now. I love what I do. I don’t have to do it but it’s my passion.● Projects - Buying and selling businesses. Helping people avoid the risk and headaches of starting a business and show them how to buy one instead.6) Something that you have recently or thought about “burning your cash” on for time savings or an improvement in quality of life. Jet membership7) Something that you changed your mind on? Our ego often gets in the way of greatness.In negotiating deals, sometimes you end up fighting with seller’s egos instead of logic. There have definitely been deals that I have walked away from because I didn’t want to deal with the seller’s ego.8) Tony Robbins identifies two large concepts that we are continually struggling to gain perfection at: #1-Art of Fulfillment and #2-Science of Achievement. If you died tomorrow and I were to email this to your kids a couple decades later… this is what they would hear.a) What is your secret/hack for the "Science of Achievement?" Any secret habits to share? Morning or Nighttime ritual?● My secret hack is avoid what everybody else is doing. The greatest opportunity is always found where the fewest people are looking.● Morning Ritual - To start the day with as much positive energy and emotions as possible.b) What is your secret/hack for the "Art of Fulfillment?" How you do contribute back?● I joined a Big Brother mentoring program.8) Anything we missed and contact info if you would like anyone to get a hold of you. URL?● Instagram - ace.chapman● Twitter - acechapman● Youtube - Ace Chapman● Facebook - Ace Chapman● Website - www.acechapman.comCheck out my Free Resources Below:1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund2) Join a Social Club:Seattle Social ClubHawaii Social ClubPortland Social ClubBay Area Social ClubSo Cal Social ClubEast Coast Social ClubCentral USA Social Club3) Subscribe to my podcast: Google Android Phones | Apple iPhone | Youtube4) Once you have gone through the majority of podcasts feel free to sign up for a chat:20 Minute Chat with Lane5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.6) I am partnered with a start-up Virtual Assistant firm out in the Philippines. Shoot me an email Lane@simplepassivecashflow.com if you want to try them out.More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k7) Please leave a review for the podcast!8) Coaching Program to get you to your first rental in 90 days!9) And finally... if you are just getting started Sign-up for Free access to the 10 Module Course:10) Summary of every Simple Passive Cashflow Podcast Hosted on Acast. See acast.com/privacy for more information.

Mark is founder of Luxmana Investments, which focuses on residential and multifamily investments. Mark quit his corporate job and is now a multifamily investor.1) How much simple passive Cashflow are you making today and how are you doing it?(You don't need to give a number if you would like privacy. You can be vague such as halfway to quitting my job, cover my mortgage, make 25% of my expenses, over $10k, although people like when people open up the kimono):My passive income is more than 200% of my expenses. I have a portfolio of 22 SFR’s in Denver, Colorado, and a 64-unit apartment complex in Dallas, Texas. I also have a small equity position is another 96-units in Dallas, TX, but I am not the managing member of that.2) What is your Han Solo moment - Han Solo and his buddy Chewbacca from Star Wars were cruising around the galaxy as lowlife smugglers but then cross paths with Luke and Leia and his life took a pivot point. Describe the resistance that was the catalyst for change:I met a general contractor in 2010, and we decided to do a couple residential development deals together. Through that relationship I was introduced to several people who were instrumental in me taking the next steps to build my passive income portfolio from there. Combine this with the fact that I was becoming increasingly frustrated with the corporate world, and that drove me to become even more focused on escaping the rat race.3) Did you "burn the boats" or did you let it happen naturally? Was there an internal (you decided to make a change on your own – what was thought process?) or an external trigger (ie got fired from your job)?I decided to make the change on my own, as I desired financial freedom and to spend more time with my family. The external factor of becoming frustrated with the corporate world was not the primary driver, but it did add to my motivation.4) What was your worst life/business moment and what did you do after? Lesson learned?In the 2005/2006 timeframe, I moved forward on a real estate opportunity which turned out to be fraud. I can certainly elaborate on this, but long story short: I testified to the Grand Jury to help get this indictment, and I was the second person they put on the stand at the official trial. The offender received a 130+ year prison sentence, which was the largest sentence ever given in the State of Colorado at the time for fraud. I learned about the importance of “trust, but verify.”5) Current 2-week experiment and 6-month project? (90-180 day goal) A mark of a high performer is to put your ego aside and accept the help of others and mastermind maybe folks can help you by you asking.My top two goals in 2017 are around family and health. If I can find and do one 50+ unit multifamily deal in 2017, that will be icing on the cake.6) What is your simple passive Cashflow number? Now imagine you had 2x that amount... Describe your ideal day, detailed routine, and what projects you are working on. Simple passive cashflow number is $20K/month. If I had $40K/month, it’s full retirement in Central America. It would be lots of days in the sun with my wife and daughter, plus exploring this region of the world. We would, of course home school our daughter.7) Something that you have recently thought about “burning your cash” on for time savings or an improvement in quantity of life.Tesla P100D – so incredibly impractical, but really cool.8) Tony Robbins identifies two large concepts that we are continually struggling to gain perfection at: #1-Art of Fulfillment and #2-Science of Achievement. If you died tomorrow and I were to email this to your kids a couple decades later… this is what they would hear. a) What is your secret/hack for the "Science of Achievement?" Any secret habits to share?Never stop learning. Learning leads to action, and action leads to success.b) What is your secret/hack for the "Art of Fulfillment?". How you do contribute back?There should always be a reason other than money for why you do anything. For example, I didn’t build a passive income portfolio because I wanted to buy a fancy car, bigger house or a Tesla. I did it because I wanted to be financially free so I could spend more time with my family and positively impact other people. So, I contribute back by giving people a great place to live, but I am also able to give more of my time (e.g. Salvation Army, etc).9) Anything we missed and contact info if you would like anyone to get a hold of you. URL?I would like to give the listeners a free gift as a thank you for listening: 10 “Not So Obvious” Ways to Boost Your Multifamily Property NOI. You can get it at: http://www.luxmana.com/simplepassivecashflow Check out my Free Resources Below:1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund2) Join a Social Club:Seattle Social ClubHawaii Social ClubPortland Social ClubBay Area Social ClubSo Cal Social ClubEast Coast Social ClubCentral USA Social Club3) Subscribe to my podcast: Google Android Phones | Apple iPhone | Youtube4) Once you have gone through the majority of podcasts feel free to sign up for a chat:20 Minute Chat with Lane5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.6) I am partnered with a start-up Virtual Assistant firm out in the Philippines. Shoot me an email Lane@simplepassivecashflow.com if you want to try them out.More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k7) Please leave a review for the podcast!8) Coaching Program to get you to your first rental in 90 days!9) And finally... if you are just getting started Sign-up for Free access to the 10 Module Course:10) Summary of every Simple Passive Cashflow Podcast Hosted on Acast. See acast.com/privacy for more information.

We are the hard working W2 employees who followed the competitive linear path. We were groomed to be employees/pawns not businessmen or investors who build passive streams of income/cash flow and value for others - and to the gain of a greedy for profit company. Our path started by being a high performer in elementary school and high school. We were told to study hard, do extracurricular activities, get high SAT scores and GPAs in order to be admitted into a top college. At college, while other peers were playing frisbee in the Quad, we grinded it out to get a professional college degree that was “worth something”. By now the linear path was so ingrained in us that we went to the well again for higher level degrees and specializations. If that weren't enough, we were faced with final professional tests to become certified at our jobs and faced the rigours of junior level employment... all as we further delayed gratification for our efforts. Let's not even talk about the student loans... we still balanced our monthly budgets like good boys and girls. (If you can't manage your personal finances then do not read on... money only magnifies your personal tendencies, good or bad) Today, for some of us, we truly enjoy the profession we set out to achieve decades ago. Others are left unfulfilled and enslaved by the "golden handcuffs" where we find ourselves still running in the hamster wheel... just a bigger hamster. The dogma of the Wall Street “buy and pray” method just is not going to achieve our goals. We had the big house/nice car but along with that came the monthly payments that created this financial incarnation. In the end it was not about the money but freedom. Real estate built on a foundation of cashflow is the quickest and most conservative way to build lasting wealth. "Wealth" is not necessarily how much money you have but it is defined as 'how long' you can live off your passive streams of income with your level of expenses if you stopped working. This can be achieved by two ways: 1) Increasing your passive income or2) Decreasing your expenses The SimplePassiveCashflow.com way is focus your finite energy on building passive streams of income rather than once again delaying gratification to decrease your expenses. The "True Meaning of Wealth" is having the freedom to do what you want...with when you want to do it. Building cashflow via Real Estate is the 'Simple' part of it... finding happiness and fulfillment after you are free from the W2 day job and other obligations... that's the difficult part. Work with people that make it fun and ‘play’ along the journey. There is always going to be the next deal and the next plateau. You are always going to be thinking “I will be happy when I have…” so enjoy the ride and in the end, leave everyone and everything better than you found it.#GoodProblem2Have #PayItForward #the4% #Value-Add #Add-Value• Study hard• Go to college and get a good job• Save your money• Live below your means• Anti millionaire next door• Get it by earning more not cutting back• Play offense not defense• Diversify your investment• Get out of debt• Retire at 65-70 and live off nest egg• Good time/market/economy -excusesCheck out my Free Resources Below:1) If you are an accredited investor and afraid of the impending market correction?Get out the stock market and into the Simple Passive Cashflow Hedge Fund!More info: www.SimplePassiveCashflow.com/fund2) Join a Social Club:Seattle Social ClubHawaii Social ClubPortland Social ClubBay Area Social ClubSo Cal Social ClubEast Coast Social ClubCentral USA Social Club3) Subscribe to my podcast: Google Android Phones | Apple iPhone | Youtube4) Once you have gone through the majority of podcasts feel free to sign up for a chat:20 Minute Chat with Lane5) Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across.6) I am partnered with a start-up Virtual Assistant firm out in the Philippines. Shoot me an email Lane@simplepassivecashflow.com if you want to try them out.More info: https://drive.google.com/open?id=0B4gFjCt6Knc1U3YwYjdZRnYzN1k7) Please leave a review for the podcast!8) Coaching Program to get you to your first rental in 90 days!9) And finally... if you are just getting started Sign-up for Free access to the 10 Module Course:10) Summary of every Simple Passive Cashflow Podcast Hosted on Acast. See acast.com/privacy for more information.