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147: Follow-Up with Hawaii Real Estate Investor Dean Ueda

445 views · Published 27 April 2018 · 33:15 · Indexed 20 October 2026

Channel: InvestFourMore Real Estate · 2018 · Education

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I interviewed Dean Ueda on the InvestFourMore Real Estate Podcast in 2016. We talked about how he has invested in rental properties in the mainland US while living in Hawaii. Dean also was getting his real estate license and had a couple of properties in Hawaii. On this podcast, we talk to Dean again about the progress he has made with his investing, his real estate license, and how he has bought more properties in the mainland and Hawaii.

 Click on the green button below to listen to the podcast What did Dean and I talk about on the last podcast? Dean was on my podcast a couple of years ago, which you can listen to here:  Dean Ueda Podcast. Dean and I talked about how he had bought some investment properties in Hawaii, and had also bought properties in Las Vegas, Denver, and Chicago. Dean was also in the process of getting his real estate license so that he could save money on the commission for his personal house in Hawaii as well as start a new career. I wanted to check back in with Dean to see how his investing was going, and what progress he has made in two years.

 How many more properties has Dean purchased? Dean has bought a turn-key rental in Milwaukee, two duplexes in Kansas City, and two investment properties in Hawaii since we last talked. He has been busy! Dean ended up buying the turn-key property from a turn-key company I recommended. He bought the house for $71,000 and it rents for $1,000 a month. It was a good investment for him, but we talk about the ups and downs of working with a turn-key company. Things don't always go perfect and you have to be prepared for a few hiccups along the way.

 Dean also bought two duplexes in Kansas City. One was from a wholesaler for $86,000 that should rent for $1,600 and another was purchased for $250,000 and should rent for $2,600 a month. Dean talks about how the two properties are in different areas and the different expectations h has for those properties. Dean also bought two houses in Hawaii on Oahu. I was surprised that he was able to buy rentals in Hawaii with decent numbers. He bought the properties for about $200,000 and they both rent for about $2,000 a month.

  How to buy a long-distance turn-key rental property.

 How has getting his real estate license helped Dean invest and make money? Dean did get his real estate license. He used his license to save money selling his own house, and he was also able to get better deals on his investment properties because of his license. One of his rentals he bought from another agent in his office before it was listed.

 Dean has also been doing very well selling houses as a real estate agent. He sold five houses in the last 9 months as a new agent, which is not too shabby with Hawaii real estate prices. Dean and I talk a lot about how to sell houses as an agent in an expensive and competitive market like Hawaii. Dean had a plan and has worked hard to be a successful agent.

  Why you should become a real estate if you are a real estate investor.

 Conclusion Dean has a lot of great advice for investors on this podcast. He also talks about how he feels his mindset and attitude have helped him succeed as well. He plans to keep buying rentals, and possibly open his own real estate brokerage at some point. You can reach Dean at realestatehilife.com or [email protected].

 EPISODE 147 

   

 [INTRODUCTION] 

   

 [0:00:14.0] MF: Welcome to the Invest Four More Real Estate Podcast. My name is Mark Ferguson and I am your host. I’m an active real estate investor.  I flip 15 to 30 houses a year. I've got residential and commercial rental properties. I'm an agent with nine people on my real estate team, who've sold thousands of houses over the years. I talk about what's going on in my career, as well as interview other amazing agents, investors, landlords flippers, wholesalers and companies who can help those people succeed. 

   

 I want to give a quick shout out to my sponsor Patch of Land. They funded a flip for me in six days. I e-mailed them on a Sunday afternoon, they responded in less than 15 minutes. They have rates below 8%, work in 45 states, will fund 85% of a deal and fund the repairs as well. Great company who I love working with, Patch of Land. 

   

 For my podcast listeners, I have a special discount page for my products investfourmore.com/discount. That's investF-O-U-R-M-O-R-E.com/discount. We've got coupons on all my coaching programs. Some of those programs involve calls with me, consulting, video training and much, much more. 

   

 All right, let's get to the show. 

   

 [INTERVIEW] 

   

 [0:01:34.3] MF: Hey, it’s Mark, and we’re back with another podcast. Today I’m interviewing someone who I’d actually interviewed before in the past and I wanted to do a series of interviews where I talk to regular investors, maybe kind of...

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