026: How to Go All or Nothing as a Real Estate Investor with Daniel Kong

There’s so much to be learned when it comes to real estate investing. You have to be clear on what to purchase, where to invest, when the right time to buy is, why you’re buying, and how to raise capital. The more clarity you have about these things, the closer you will get to your vision.

 

Daniel Kong clearly knew where he was going and how he was going to do it. Thanks to the books he read, the podcasts he listened to, and the right people he met along the way, Daniel tried investing and managed to leave his W-2 job to become a full-time real estate investor – in less than four years!

 

On today’s episode, Jonathan speaks with Daniel who generously shares some tips and strategies in real estate investing, especially for new investors. As an all-or-nothing guy, whenever he dives into something, whether it's a video game, a sport, or a hobby, Daniel develops an obsession with it. With real estate investing, in particular, he was just hungry to learn and consume as much as he could. Listen in to learn more about how you, too, can carve out the same path Daniel did.

 

In this episode, you will hear:

  • How he bought his first property through using different lines of credit

  • The importance of doing research and due diligence, especially for out-of-state deals

  • Avoiding wire fraud and how to approach appraisals

  • Finding the right time to leave your W-2 job

  • The value of education and relationships

  • Being on the same page with any partner (in life or in business)

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Supporting Resources:

Instagram - https://www.instagram.com/danielkong808/

LinkedIn - https://www.linkedin.com/in/danielkong808/

TikTok - https://www.tiktok.com/@danielkong808

Other Resources:

Rich Dad Poor Dad by Roberti Kiyosaki - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194 

The Book on Rental Property Investing by Brandon Turner - https://www.amazon.com/Book-Rental-Property-Investing-Passive-ebook/dp/B018UTI2DO 

Long-Distance Real Estate Investing by David Greene - https://www.amazon.com/Long-Distance-Real-Estate-Investing-State/dp/0997584750 

BiggerPockets - https://www.biggerpockets.com/

Zen and the Art of Real Estate Investing Resources

Website - www.streamlined.properties

YouTube - https://www.youtube.com/c/JonathanGreeneRE/videos

Instagram - www.instagram.com/trustgreene

Instagram - www.instagram.com/streamlinedproperties

TikTok - www.tiktok.com/@trustgreene

Zillow - www.zillow.com/profile/Streamlined%20Prop%20eXp

Bigger Pockets - www.biggerpockets.com/users/TrustGreene

Facebook - www.facebook.com/streamlinedproperties/