Everyone knows that Hawaii is dear. With its black sand seashores, improbable browsing waves, and scrumptious poke bowls, why wouldn’t you wish to stay and make investments there? Effectively, even with all these positives, many traders keep away from Hawaii as a result of its excessive costs and lack of land, however one investor, Indar Lange, has confirmed these critics mistaken.
Indar is Hawaii’s largest flipper, operating about 15 flips at any given second, and tackling offers priced at upwards of $3,000,000! Indar isn’t any rookie to the sport, he’s been doing this for the final decade and a half, however he had humble beginnings.
Rising up poor on a farm in rural Hawaii, Indar thought that his life can be set as soon as he obtained his engineering diploma. After realizing that engineers topped out at about $150,000 per yr, Indar had to think about one thing else to do. He coincidently purchased a small house on the time, fastened it up, and bought it after residing in it for a couple of years. He paid zero taxes on the acquire and this turned his first stay in flip, which brought on the actual property wheels to begin handing over his head.
Now, he’s attached with among the greatest lenders, brokers, wholesalers, contractors, and traders within the Hawaii space, taking down large offers for an enormous payday. You’ll hear Indar’s full story and catch his “Ninja Ideas” for the aspiring actual property investor.
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In This Episode We Cowl:
- Why actual property the go-to funding for the wealthiest individuals on this planet
- Finishing a stay in flip and the tax advantages related to it
- When it is smart to attend a actual property course (even costly ones)
- How Indar stopped his first flip from falling by as a result of lack of funding
- Financing your offers with exhausting cash and personal cash loans
- Lengthy-distance actual property investing from Hawaii
- Price segregation research and different tax write-offs from actual property
- Indar’s “Ninja Ideas” for actual property traders
- And SO way more!
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