Path To Passive: Real Estate Investing For Technology Professionals

#116 - Stop Chasing Rentals: The Real Estate Strategy That Actually Works with Lane Kawaoka

Steven Arita

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How does someone go from being an overworked civil engineer to building a $2 billion real estate portfolio? In this episode, Steven sits down with Lane Kawaoka as he shares his surprisingly relatable story. Lane breaks down how one simple rental in Seattle led to a whole new way of thinking about money, freedom, and how tech and engineering pros can get ahead faster by doing things differently. We talk about his Wealth Elevator framework, how to avoid the trap of traditional investing advice, and why buying one rental at a time might not be the best move if you're already earning well. If you're trying to figure out what to do with your income besides working harder, this one’s for you.

Lane Kawaoka is a former civil engineer turned full-time real estate investor and entrepreneur. After growing tired of the 9-to-5 grind, Lane began investing in rental properties and eventually built a portfolio of over 10,000 units across the U.S., managing more than $2 billion in assets. He is the founder of The Wealth Elevator, a private community for high-income professionals looking to build passive income through real estate and alternative investments. Lane has helped over 1,000 investors move from active income to financial freedom, and he’s passionate about making wealth-building simple and accessible—especially for tech and engineering professionals. He’s also the author of The Wealth Elevator, where he outlines the stages of financial growth and how to avoid common mistakes along the way.

Connect with Lane:
Website: https://thewealthelevator.com/
LinkedIn: https://www.linkedin.com/in/lanekawaoka/
Facebook: https://www.facebook.com/SimplePassiveCashflowdotcom
Email: lane@thewealthelevator.com

Grab a copy: https://thewealthelevator.com/home/book/


Episode highlights:
(0:00) Intro
(0:50) Lane’s background: from engineer to real estate investor
(4:52) Lane’s journey from first rental to $2B in assets
(10:36) Should accredited investors buy single-family rentals?
(13:56) Wealth Elevator framework explained
(20:17) Single asset vs fund investing
(26:37) How to spot red flags in deals
(34:34) Reaching true financial freedom
(42:29) Rethinking 401(k)s and retirement strategies
(47:42) Lane’s personal investing “aha” moments
(52:32) Where to get The Wealth Elevator and connect with Lane
(53:39) Outro

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