490: 7 “Ninja Tips” From One of Hawaii’s Largest Real Estate Investors 01:24:55

    <p>We all know that <strong>Hawaii is expensive</strong>. With its black sand beaches, <a href="https://www.biggerpockets.com/blog/2013-05-18-real-estate-investing-surfing">fantastic surfing</a> waves, and delicious poke bowls, why wouldn’t you want to live and invest there? Well, even with all those positives, <strong>many investors steer clear of Hawaii </strong>due to its high prices and lack of land, but one investor, <strong>Indar Lange</strong>, has proven those critics wrong.</p><p>Indar is <strong>Hawaii’s largest flipper</strong>, running about 15 flips at any given moment, and tackling <strong>deals priced at upwards of $3,000,000</strong>! Indar is no rookie to the game, he’s been doing this for the last decade and a half, but he had humble beginnings.</p><p><strong>Growing up poor on a farm in rural Hawaii</strong>, 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<strong> bought a small home at the time, fixed it up, and sold it after living in it for a few years</strong>. He paid zero taxes on the gain and this became <strong>his first </strong><a href="https://www.biggerpockets.com/blog/live-in-flip"><strong>live in flip</strong></a>, which caused the real estate wheels to start turning in his head.</p><p>Now, he’s hooked up with some of the best lenders, agents, <a href="https://www.biggerpockets.com/blog/why-wholesalers-get-a-bad-rap">wholesalers</a>, contractors, and investors in the Hawaii area, <strong>taking down massive deals for a big payday</strong>. You’ll hear Indar’s full story and catch his “<strong>Ninja Tips</strong>” for the aspiring real estate investor.</p><p>In This Episode We Cover:</p><p>Why real estate the go-to<strong> investment for the wealthiest people in the world </strong></p><p>Completing a<strong> live in flip </strong>and the <strong>tax benefits </strong>associated with it</p><p>When it makes sense to<strong> attend a </strong><a href="https://www.biggerpockets.com/blog/pay-expensive-real-estate-education-course"><strong>real estate course</strong></a> (even expensive ones)</p><p>How Indar stopped his first flip from falling through due to<strong> lack of funding</strong></p><p><a href="https://www.biggerpockets.com/blog/creative-strategies-finance-deals"><strong>Financing your deals</strong></a> with hard money and private money loans</p><p><strong>Long-distance real estate investing</strong> from Hawaii</p><p><a href="https://www.biggerpockets.com/blog/multifamily-investors-cost-segregation-friend"><strong>Cost segregation studies</strong></a> and other<strong> tax write-offs </strong>from real estate</p><p>Indar’s “<strong>Ninja Tips</strong>” for real estate investors</p><p><strong>And SO much more!</strong></p><p>Links from the Show</p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/investment-calculators">BiggerPockets Calculators</a></p><p><a href="https://www.biggerpockets.com/youtube">BiggerPockets Youtube Channel</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.plastiq.com/">Plastiq</a></p><p><a href="https://www.biggerpockets.com/real-estate-companies/hard-money-lenders">BiggerPockets Hard Money Lenders</a></p><p><a href="https://www.biggerpockets.com/moneyshow">BiggerPockets Money Podcast</a></p><p><a href="https://www.biggerpockets.com/users/mindyjensen">Mindy's BiggerPockets Profile</a></p><p><a href="https://www.homedepot.com/">Home Depot</a></p><p><a href="https://www.yelp.com/">Yelp</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-398-tarl-yarber">BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber</a></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-355-ryan-murdock">BiggerPockets Podcast 355: From Small-Time Landlord to 1,000+ Units Under Contract with Ryan “The Mercenary” Murdock</a></p><p><a href="https://www.biggerpockets.com/conference">BiggerPockets Conference</a></p><p><a href="https://store.biggerpockets.com/collections/all-books">Brandon and David's Books</a></p><p><a href="https://www.mybodytutor.com/pages/adams-story/">Adam from My Body Tutor</a></p><p>Check out the full show notes here: https://biggerpockets.com/show490</p>
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