In this episode, we sit down with Daniel Kwak—entrepreneur and 1/2 of the Kwak Brothers—and we talk about how he was able to turn his financially disadvantaged upbringing into an existence that helps people solve problems.
Daniel also breaks down the component of F.O.R.C.E strategy, an allusion to their love for Star Wars. Below are the components of the strategy:
F-Find the property
O-Owner Finance it
R-Raise the capital
C-Cash flow it and set up management
E-Expand-Get some personal development in you and expand your mindset
He also shares his philosophy of networking which helped him build relationships, especially with a local property manager, and as a result clinched him units. Daniel also talks about Owner Financing and how he was able to structure owner-financing deals. If you want to know more about Owner Financing, listen to this episode or check out freeownerfinancingcourse.com
“Take the best of both worlds and don’t let your creativity be limited of what other people are saying”, is what Daniel Kwak’s belief when it comes to creativity and merging worlds.
In addition, Daniel Kwak also shares the most important skills to be developed to become successful using Owner Financing methods. Plus, he also provides tips and strategies to utilize Other People’s Money (OPM) to raise capital.
Lastly, listen to this episode to know the top three things to focus on if you want to grow and scale.
Daniel Kwak first immigrated to the United States with his family at the age of 5. Due to a financially disadvantaged upbringing at the age of 20 he had negative $187.65 in his bank account. This is when he decided to do something about it. He started learning about Real Estate Investing.
The first two years he learned everything he could and at the age of 22 he did his first deal. And by age 23 he had 87 units, along with having raised millions of dollars in capital, and also having done a variety of different deals and strategies.
He has also traveled across the country training and mentoring hundreds and thousands of aspiring real estate investors. Overall, Daniel aspires to be a great husband, and to be someone who just loves people.
Get your own copy of the Kwak Brothers’ book 0-75 Units in Just 1 Year here:
[Free Book] 0 to 75 Units in 1 Year
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Read more about The Kwak Brothers here: https://thekwakbrothers.com/about/
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So young and successful! Thanks for sharing with us Daniel Kwak.