The Multifamily Real Estate Experiment Podcast
“Multifamily Real Estate Investing for the Career Professional.” Join Shelon "Hutch The Marine Investor" Hutchinson who talks to military veterans and real estate professionals about the results of their journey and multifamily real estate experiments. Each week, Hutch discusses Multifamily Real Estate Investing for Career Professionals and military veterans to help you build wealth and financial independence. Questions about Multifamily real estate investing are systematically dissected as your host works through observations and data to answer the week's question.
The Multifamily Real Estate Experiment Podcast
MFREE 099 Trailer # 5 with Lane Kawaoka: How Do the Wealthy Actually Stay Wealthy?
Success isn’t just about making money—it’s about what you do with it once you have it. In this episode, LAen Lane Kawaoka dive into the evolution of wealth-building and how the strategy shifts over time. At the start, you focus hard and take big swings, but once you hit a certain net worth, diversification, smart allocation, and enjoying the fruits of your labor become the real game-changers.
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hutch@hsquaredcapital.com
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What is one thing you wish you understood earlier?
Speaker 2:I think I wish I understood the power of diversification that said, all time, time everybody learns lessons, just some people need to learn from people a little bit older than them that the traditional path doesn't work. I think that's at that point, started to realize again, to diversify geographically in different asset classes it depends on what floor of the wealth elevator you're at, right? Different focuses, when you're in the beginning, you have to concentrate and be undiversified in the beginning. But once you have hit a critical mass, maybe a few million dollars net worth, you gotta diversify out.
Speaker:That makes sense, man.
Speaker 2:I think just, I think a lot of us just go on this path for freedom and, finances has always been interesting to me. It's, in a way, it's like a game. whether, 20 years ago was doing credit card hacks and things like that to me. it's fun. It's interesting. but there comes a point in time where, it's just wasting time doing this. I think at some point, especially when you're on this wealth building journey, you're on the second, third floor of the wealth elevator, you need to look up and say, yeah, I got enough. I just, I need to spend a little bit and trade this money for experiences and memories. And, I think at that point, I think community and social interactions become the currency of the wealthy. After you hit four or 5 million network.