67 min listen
490: 7 “Ninja Tips” From One of Hawaii’s Largest Real Estate Investors
490: 7 “Ninja Tips” From One of Hawaii’s Largest Real Estate Investors
ratings:
Length:
85 minutes
Released:
Jul 29, 2021
Format:
Podcast episode
Description
We all know that Hawaii is expensive. With its black sand beaches, fantastic surfing waves, and delicious poke bowls, why wouldn’t you want to live and invest there? Well, even with all those positives, many investors steer clear of Hawaii due to its high prices and lack of land, but one investor, Indar Lange, has proven those critics wrong.Indar is Hawaii’s largest flipper, running about 15 flips at any given moment, and tackling deals priced at upwards of $3,000,000! Indar is no rookie to the game, he’s been doing this for the last decade and a half, but he had humble beginnings.Growing up poor on a farm in rural Hawaii, Indar thought that his life would be set once he got his engineering degree. After realizing that engineers topped out at about $150,000 per year, Indar had to think of something else to do. He coincidently bought a small home at the time, fixed it up, and sold it after living in it for a few years. He paid zero taxes on the gain and this became his first live in flip, which caused the real estate wheels to start turning in his head.Now, he’s hooked up with some of the best lenders, agents, wholesalers, contractors, and investors in the Hawaii area, taking down massive deals for a big payday. You’ll hear Indar’s full story and catch his “Ninja Tips” for the aspiring real estate investor.In This Episode We Cover:Why real estate the go-to investment for the wealthiest people in the world Completing a live in flip and the tax benefits associated with itWhen it makes sense to attend a real estate course (even expensive ones)How Indar stopped his first flip from falling through due to lack of fundingFinancing your deals with hard money and private money loansLong-distance real estate investing from HawaiiCost segregation studies and other tax write-offs from real estateIndar’s “Ninja Tips” for real estate investorsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets CalculatorsBiggerPockets Youtube ChannelBiggerPockets BookstorePlastiqBiggerPockets Hard Money LendersBiggerPockets Money PodcastMindy's BiggerPockets ProfileHome DepotYelpBiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl YarberBiggerPockets Podcast 355: From Small-Time Landlord to 1,000+ Units Under Contract with Ryan “The Mercenary” MurdockBiggerPockets ConferenceBrandon and David's BooksAdam from My Body TutorCheck out the full show notes here: https://biggerpockets.com/show490See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jul 29, 2021
Format:
Podcast episode
Titles in the series (100)
#22: Building a Marketing Machine, Spec Houses, Flipping & Wholesaling with Tucker Merrihew: While most investors think of real estate investing as buying an ugly property and making it look good, today we sit down with an investor who runs a highly successful investing business that focuses heavily on investing in new home building, along... by BiggerPockets Real Estate Podcast