5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
5 Talents Podcast - How To Build Wealth Through Real Estate
Indar Lange - $75M in Flips Done; "Malama da Aina" (Respect and Take Care of the Land and It Will Take Care of You)
Aloha! In this episode, Indar Lange will take us on a virtual tour to have a glimpse of how real estate works in Hawaii. Houses in this country are worth almost a million dollars, but this does not stop him from taking this less-traveled path. He believes that you need creativity to close real estate deals, wherever those deals can be found. Indar has another concept he credits for his success, and this is "malama da aina."
Listen to Indar and learn how the concept of “malama da aina” can be applied in real estate!
[00:01 - 06:01] Opening Segment
- Let’s get to know Indar Lange
- From engineering to real estate
[06:02 - 16:27] The Hawaiian Spirit
- Is creativity enough to make a deal work?
- Listen to Indar
- Hear from Indar the meaning of the “Hawaii Spirit”
- The biggest motivation on why Indar is investing in real estate
[16:28 - 27:05] Flipping in Hawaii
- Listen to Indar’s approach in flipping
- What’s their 1% Rule?
- What Indar realized about depreciation
- How to leverage cost segregation according to Indar
[27:06 - 37:08] BRRRR Method
- Indar talks about his struggles and how he manages them
- The importance of rehab budget for Indar
- Why you should apply the BRRRR Method
[37:09 - 47:23] Closing Segment
- Learn these “ninja tips” from Indar to invest in real estate
- Connect with Indar
- Links below
- Final words from Indar and me
Tweetable Quotes:
“It just takes creativity to figure out a deal and structure it, make it work.” - Indar Lange
“Networking is a huge part of this industry...we get deals from friends, we partner with friends and other people, and it’s just a great community to help each other.” - Indar Lange
Resources mentioned:
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Reach out to Indar at (808) 989 2323 or connect with him on LinkedIn, Facebook, and Instagram. Check out Our Home Investments and start your real estate investing in Hawaii!
Guest email: indar@ourhomeinvestments.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com