The Commit to Wealth Podcast - Creating Generational Wealth through Real Estate Investing: CTW 049: Brent Kawakami

CTW 049: Brent Kawakami - Closing Deals Outside Your Comfort Zone

Aug 13, 2018

Brent is a Hawaii native and currently lives in Dallas, Tx. In 2012 he started investing in real estate with buying, rehabbing, and renting single-family homes in the Dallas, TX area and later sold these rentals to move into multifamily. He now has invested in 450 multifamily units throughout Texas, Georgia, and Ohio. Brent is received his B.S. in Electrical Engineering from the University of Texas at Austin.

Some of the topics discussed:

Brent’s reason for moving into real estates, specifically single-family homes at the start
The resources Brent focused on when getting started down the real estate path
Why having a support and education group is crucial when getting started with multi-family real estate investing
How a mentor/sponsor made the biggest difference for him
Why he sought and closed a deal outside of his regular market
Why he looks at industry diversity in an area when considering a deal
The best ways that he has found for finding multifamily investments AND the ones that don’t work
The importance of having everything lined up and ready when exploring a deal so as to prove your value
The various models for cash flow when it comes to multifamily investing and finding what works for you
The mistakes he encountered with his latest deal and what he learned from them
The importance of continuing to network and build relationships
Why go outside the circles you have been working and networking in
When getting into your first deal you have to go all in and be fully committed
Making the sale

Recommended Resources:

Small notebook (carry it with you and write down your Power of Five)
Things
Facebook Messenger