Join Duc and Steve as they chat with Indar Lange about the importance of real estate education and cultivating a mindset for business. Indar is a flipper by trade and the founder of Our Home Investments. The company aims to help homeowners of any distressed situation while improving the community. Today, Indar shares his journey, from getting into real estate by flipping to achieving passive ‘cashflow.’ We hope you enjoy the episode!

About Indar Lange:

Indar Lange is a real estate investor who has made it big in Hawaii, the most expensive state in the US. Since starting in 2013, Indar has become the most prominent flipper in Hawaii, with over 50 flips completed and 15 currently ongoing, all while owning 15 properties outside Hawaii. He is also the founder of Our Home Investments, a company that helps homeowners of any distressed situation while improving the community. Mr. Lange primarily focuses on single-family properties and works with both low-end and high-end rehabs.

 

Outline of the episode: 

•        [00:54] How Indar got into passive ‘cashflow’ from the flipping business.

•        [05:37] The slow process of scaling a flipping business and the risks of working capital.

•        [09:42] “Someone’s got to do it” and the right mindset to cultivate when starting a business.

•        [16:46] The strength in numbers and the not-so-glamorous side of managing a company on your own.

•        [22:27] Indar on tracking all of his projects, from active flips to rental property.

•      [26:06] Building rental portfolio and

•        [28:19] What the LIBOR model is and how Indar uses it to achieve ‘cashflow.’

•        [38:30] How Indar changed his game plan when the pandemic began.

•        [46:20] His favorite project to work on and the value of cultivating trust with your investors.

•        [54:40] The various books on Indar Lange’s reading list and which one he recommends.

•        [01:00:32] Indar’s superpower of finding investors.

•        [01:05:09] The most important lesson he has learned over his career.

•        [01:06:05] Indar Lange’s advice to busy working professionals trying to achieve financial freedom.

 

Resources:

•      Company Website

•      Facebook

•      Twitter

•      LinkedIn

•      Instagram

 

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