Oct 17, 2019
Lane Beene is with Pilot
Properties and owns almost 700 apartment units. This recently
retired Lt. Colonel graduated from the US Air Force Academy and
flew combat F16’s for over 28 years. Less than 15 years ago, he
started with one single family home and turned that into a large
multi-million dollar apartment portfolio…all during the time he was
serving in the military. He is direct. He is smart. You need to
listen to him if you are new to real estate investing.
Lane is an expert in math- he had to be. As you can imagine, Lane needed math in flying fighter jets. Think of the calculations that Lane used in aviation: How many gallons of fuel did he burn in one hour; what’s the max weight (bombs) could his aircraft hold? How fast could he get to his target? Life comes down to JAMP. Yes, ‘Just A Math Problem.’ The better you are in math, the more successful you will become in real estate. Whether you are flying fighter jets or investing in apartments; you must know some level of math. Lane breaks down five investing equations that are critical to your success. Cash on Cash Yield, Total Return, Cash Flow, Internal Rate of Return and Equity Multiple are discussed.
To contact Lane Beene: Lane.Beene@pilot-legacy.com