Quitting a 6-Figure Salary Isn't Easy (Daniel Kong)

A lot of us get into real estate investing to build more wealth or achieve more financial freedom than a regular job can provide. But even when your real estate income is more than your W2 salary, it's hard to quit your job! That's what Daniel Kong experienced as his real estate career took off. He was ready to quit his 6-figure Software Developer job, but the safety & stability of the guaranteed paycheck was hard to walk away from. Realize it or not, society pushes us to seek stability over success. Luckily, Daniel was crushing it using the BRRRR strategy and eventually the math just didn't add up. So his wife told him to quit his job and go all-in on real estate just 3 years after starting. Now he's moving from fixing & flipping homes into multi-family syndications. He's taking his cashflow to the next level and giving his investors the passive income and tax breaks they're after. Chapters: 00:00 Daniel Kong's life before REI 02:30 Salary & Stability over Success 05:30 Daniel's 1st Real Estate Deal 08:45 Daniel's WORST Deal 11:16 Advice for Growing Real Estate Investors

You can listen to Quitting a 6-Figure Salary Isn't Easy (Daniel Kong) online on Radio and Podcast. Open the player on this page to stream the available audio.

Quitting a 6-Figure Salary Isn't Easy (Daniel Kong) is an episode from REIClub - Real Estate News, Education and Interviews by REIClub.

This episode is 14:16 long.

This episode was published on Apr 13, 2023.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from REIClub - Real Estate News, Education and Interviews when more episodes are available from the podcast feed.