How Daniel Kwak Became a Real Estate Millionaire by 24

How do you become a real estate millionaire without using your own credit or money? Learn to implement and use various real estate investing strategies to grow your own portfolio.

Today, Clint Coons of Anderson Business Advisors talks to Daniel Kwak about reaching 87 doors in a year and becoming a real estate millionaire by the time he turned 24 years old.

Over the past 7+ years, Daniel and his brother, Sam, have built successful real estate investment companies, educational courses, coaching programs, and software to help emerging real estate professionals grow their own real estate investing businesses. The Kwak Brothers are on a mission to help as many families as possible achieve financial peace of mind.

Highlights/Topics:

• Daniel’s Dream: To constantly learn, experiment, expand, and grow
• Why Daniel got into real estate: Of top 1%, 76% earned money via real estate investing
• Daniel’s Problem: He had no money, no credit, and minus $187.65 in his bank account
• Four Currencies Concept: Time, money, knowledge, and relationships
• Daniel’s Philosophy: Never look for properties but for people to solve their problems
• Daniel’s BOLD Strategy: Build trust with older landlords/property managers to find deals
• Seller Financing Benefits: Tax advantages, make money as bank, and passive income
• Build a business by using FORCE:
  • Find the property
  • Owner-finance it
  • Raise the capital
  • Cashflow it
  • Expand your empire
• Rent Bubble: Increasing rent has priced out tenants from entering housing market

Resources

Daniel Kwak’s Email

daniel@thekwakbrothers.com

The Kwak Brothers’ Website

https://thekwakbrothers.com/

The Kwak Brothers’ YouTube Channel

https://www.youtube.com/c/TheKwakBrothers/featured

PropStream

https://www.propstream.com/

Clint Coons

https://andersonadvisors.com/clint-coons/

Clint Coons on YouTube

https://www.youtube.com/c/RealEstateAssetProtection

Anderson Advisors

https://andersonadvisors.com/

Anderson Advisors Tax and Asset Protection Event

https://andersonadvisors.com/asset-protection/

Anderson Advisors on YouTube

https://www.youtube.com/channel/UCX5nh607M8hSBLiMB9MgbIQ