Today on The Wealth Secrets Podcast, Sean Adams talks to Lane Kawaoka, real estate syndicator and host of the Simple Passive Cashflow Podcast. Previously, he worked as a licensed engineer for 12 years. During that time, Lane started investing in real estate. As he grew his network, he eventually transitioned to multi-family real estate and syndicate investing. Now as a financial mentor, he helps his clients generate more passive income through high level investing.[[[[[[[[[When Lane had a full-time job as an engineer, he invested in residential real estate for another source of cash flow. With the additional income, he started investing in more property. Eventually, he realized that investing in single family housing would be hard to scale due to the attention required to manage both the properties and the tenants.Through networking, he discovered the world of private placements and syndications. Syndications pool together investors in order to fund an investment. A general partner (GP) oversees the whole investment while limited partners (LP) are passive stakeholders. LPs do not have any risk of debt since the GP signs his/her name on the contracts.If you’d like to start investing as a limited partner, you need to know how to identify legitimate from bogus deals. A background in real estate is helpful but ultimately, your network will be your source for reliable information. Lane also advises LPs to invest no more than 5-10% of their net worth in a single deal.Links and ResourcesLane’s WebsiteLane’s E-mailConnect With Sean:Facebook: https://www.facebook.com/profile.php?id=100060279543976LinkedIn: https://www.linkedin.com/in/leveraged-life/Instagram: https://www.instagram.com/sean_adams103/Youtube: https://www.youtube.com/channel/UC0i91Q-fFy70LkaFxvfnGpgFor more videos and resources, visit leveraged-life.com. Do you have questions and feedback? Get in touch with Sean Adams through his email: [email protected].All shared information from the Wealth Secrets Podcast should not be taken as legal or financial advice. Please consult with a professional before making any decisions.--- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app--- Send in a voice message: https://anchor.fm/wealthsecretspodcast/messageSupport this podcast: https://anchor.fm/wealthsecretspodcast/support