How I Became a Millionaire in Real Estate in 3 Years

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Wholesaling Real Estate, Business, Investing, Rental Property, Real Estate, Real Estate Investing

2.5 • 884 Ratings

🗓️ 26 August 2023

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

Daniel has made +$1,000,000 flipping houses, retired in only three years, and has a lambo… We want to coach you at Wealthy Investor! For a free consultation, go to https://wealthyway.co/jmi ______________________________________________________ Are you living The Wealthy Way? Take the quiz and get FREE access the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/ Would you like our team to help build your personal brand? Appl...

Transcript

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0:00.0	Daniel Kong, how's it going, baby?
0:02.8	Good, good, thanks for having me on.
0:04.6	Excited to have you on, so Daniel is a million dollar earner flipping houses,
0:09.5	retired in three years, and has a Lambo.
0:12.1	So, uh... in three years and has a Lambo. So for people who don't know who you are I guess can you
0:16.9	walk us through your your quick story? Sure so I mean I've been a software
0:21.7	developer for like a long time so in 2018 I mean I've been a software developer for like a long time so in 2018 I mean I've been
0:24.7	doing it for like a long time but I graduated four years been doing software development in
0:28.4	2018 I read the magical book Rich Dad poor dad and that like that like that changed my life you know like this this the world exists of passive income
0:35.6	and real estate investing all these different kinds of things so that kind of sparked a really like the journey of real estate investing so while I was at my W2 I started
0:42.1	investing in the side doing
0:43.4	birds and Indianapolis, started doing birds and fixing flips in Hawaii.
0:47.8	Eventually, you had enough money in passive income to replace my job as my W2.
0:52.0	Then flipped, I mean, quit my W2 and just went full time to real estate investing and just haven't looked back since.
0:57.1	Got it so I guess how much money were you making in passive income before you decided to
1:02.0	quit your job?
1:02.8	About 10 ground a year.
1:04.0	Okay.
1:05.0	I don't know, I mean, trying a month.
1:06.0	Yeah, okay.
1:07.0	All right, and then all your rental properties were in Indianapolis?
1:11.0	It was in Indianapolis and in Hawaii. Got it. So it was a company
	...

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