Investor Weekly News Update | June 19, 2023

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Slide Link: https://www.slideshare.net/LaneKawaoka/investor-weekly-news-update-june-19-2023pdf

• The Federal Reserve decided to keep interest rates unchanged in their recent meeting.
• Insurance costs have been rising, especially due to recent weather events like hurricanes, impacting real estate investments in certain areas such as Dallas.
• An underground seller called Underground Seller went bankrupt, leaving many customers wondering about the authenticity of the purchased wines.
• The San Diego retreat is happening soon with an abbreviated schedule and plans for the annual retreat in Hawaii are still intact.
• There is a shift in demand from owning to renting due to high home prices and rising mortgage rates, making home ownership less affordable compared to renting.

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Watch & Listen:

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Spotify Podcast: https://open.spotify.com/show/1TrHc3fc8ZGw4mX3yK76rS 

Website Link: https://simplepassivecashflow.com/

Lane Kawaoka is a multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $186 Million Dollars of private equity since 2016.

Lane uses his Engineering degree to reverse engineer the wealth building strategies that the rich use in the Top-50 Investing Podcast, SimplePassiveCashflow.com.

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