Hey guys! it's Danie!l 1/2 of the Kwak Brothers and in our time together
we're gonna be talking about how I'm raising ten million dollars worth of
capital for real estate deals right now
all right guys welcome back in this video we're gonna talk about how I'm
raising ten million dollars worth of capital for the year right so a lot of
times what I focus on different things in my real estate investing career and I
gotta say it's probably the first time in my real estate investing journey that
I'm exclusively focusing on just raising capital for now well let me tell you
first off why I'm raising capital but before we do don't forget guys to click
on that subscribe button and also hit that notification bell we're putting out
a lot of great real estate investing content with specific subjects ie today
we're gonna be talking about how to raise capital or you know how I'm doing
that why I'm doing that so to speak so don't forget to click on the
notification bell we're putting out a lot of great content and it's awesome to
be the first person in line and same thing with real estate deals right it's
first it's awesome to be the first one to know about deal and it gives you a
lot of leverage same thing here guys right let's practice that same
philosophy so well let me first talk about why I'm raising ten million
dollars well for me I'm a big economical nerd I love stunning the markets and
it's something that I've enjoyed doing more than anything you know a lot of us
have our curiosity some people get really really into guitars and some
people get really really into coins and different things like that
well I'm really into learning about the market and and seeing what other people
think and why people are right why people are wrong and you know it for me
it's just absolutely fascinating and in my journey and in my time of studying
the market and also tying that together with the real estate market and my
investing career well for me I kind of made the conclusion that right now may
not be the best time to buy properties you know with the exception of few deals
that I'm doing which are off market but in terms of multifamily buildings the
ones I usually go for well I kind of came to the conclusion that it might not
be the best time having said that I also came to the conclusion that most likely
in about a year to 18 months perhaps even two years there may be an
ordinary opportunistic time to buy multifamily buildings and apartment
complexes in about a year or two so therefore I decided to dedicate myself
to raising capital and I don't know why I'm saying ten million for example like
you know this video is titled you know how I'm raising ten million dollars
worth of real estate capital when I've already kind of done it I've actually
accomplished that 10 million dollar number about a year ago and we're not
closer to about thirty forty in terms of commitment to half capital towards deals
that are coming in the future and laying out my plan and getting everybody on the
same page but in terms of why I'm raising capital in general on how I'm
raising this type of money is something that a lot of people have asked me a lot
about a lot of people have asked me Daniel how do I raise money how do I
raise capital to do real estate deals and you know aside from being
opportunistic like I am right now and considering that there may be a downturn
or recession because at the end of the day no one can really predict you know
when the market you know is gonna do what you know and I have my theories but
at the end of the day like none of us really truly ever know you know so I'm
raising money for that but other than that how do I raise capital for real
estate deals it's simple you know I ask a different question a mentor of mine
actually told me one time that the best answers to life are really the questions
and so for me you know I started asking my mentors to people who've taught me
like hey man like how do I raise capital for real estate deals and the answer
that gave me is actually an answer that I give out to everybody else now you
know the problem is in the question the answer is in the question the problem is
that you're focusing on you all right you're focusing on how do I raise
capital how do I raise capital so that I can do deals and that I could create
passive income I didn't realize that if I put the focus on other people and
adding value to other individuals that's not going to be a problem
right me is not gonna be a problem as long as everyone is taken care of so as
long as I have the mindset of wanting to serve other people and add value to
other people I will be taken care of so ie right a lot of times when
individuals ask me how do I raise capital I know that they don't have the
right mindset of adding value to other individuals not to say that they're bad
investors were they're bad entrepreneurs that's not what I'm saying
but if somebody has the mindset of wanting to go out there and they're
intentional about that mindset of going out there and adding value to other
people well is it gonna be obvious that eventually you're gonna run into people
who their problem is that they have a lot of capital and they just don't know
where to put it all right I know I work with a lot of individuals that have that
problem so I'm the one solving the problem I'm the one giving them the
solution to that adversity to that obstacle their obstacle is that you know
I have a lot of capital and I want to put it in real estate I just don't have
the right partner I don't have the right individual navigating me through those
waters whereas my obstacle and adversity a lot of times is I'm very good at
navigating through the markets and the waters and acquiring the deal but I'm
also looking for that cash flow for me to be able to do that so you know my
problem and his problem become one another solution right and that's the
way business is done it's a win-win so before I say anything in terms of how
I'm raising ten million dollars worth of capital for real estate deals I
encourage you guys to at least pause the video or at least think you know what
type of mindset do I have am i asking the question how could I am I making it
about me or am I actively out there looking for people for problems to solve
a lot of times that's what entrepreneurship really is so in terms
of addressing how I'm raising capital for ten million dollars why don't I
throw out a technique that I use to raise capital and what I do a lot of
times to do that in terms of how I'm raising ten million dollars with the
capital or more in this case scenario is I create what's called a thought
leadership platform well what do I mean by that well a thought leadership
platform is either online or face to face preferably a group that you meet
that you organize and you facilitate that you lead and in my case I run the
meetup I run a meet-up every other week right every other Saturday or the first
and third Saturday of every month I run a meet-up in a town called
Naperville Illinois and I have people show up and I
give up content for free right there's usually a training but there's also
networking opportunities there's opportunities for people to sell and
pitch on what they've got going on right and to share wins and also share
adversities for possible solutions within the Meetup and you know the
meetups not huge right there's not like a hundred people that show up right
there sometimes we have ten there sometimes we have fifteen there
sometimes we are thirty or forty right and I run a little mastermind I offer a
thirty minute to an hour training and there's a Q&A session right and a lot of
times that's allowed people to come and a lot of times again they'll come up to
me afterwards and say hey listen I love the content you're giving out I actually
have half a million dollars in my bank account and I love for you to partner
with me and I love for us to be able to do some real estate deals together guys
I've had that happen many many many times where I've ran different
masterminds and different meetups and it's allowed me to network with more
individuals and that's really the point the point is for you to be able to
network now let's say that you're in a position where like well Daniel I don't
know enough to be able to run my own Meetup I don't know enough for me to be
able to you know run a mastermind or to train people well number one you don't
have to be the person that does all the training all the time why not have three
or four people who are the guest speakers and they rotate they they're
the ones providing the training they're the ones providing the teaching and you
could just facilitate that process and well point number two if you're an
individual is that saying well Daniel like I don't I don't have enough
knowledge I don't know enough you know like I don't have enough material to
train on people well then I would ask the question should you be raising money
because a lot of times people forget when you're raising money you're raising
money from people who actually have you know save that money for life you know
these these are people's hard-earned capital hard-earned money and for you to
literally use that as a guinea pig and experiment and just throw it out there
and have no regard well I think that's kind of wrong I don't think there's a
lot of integrity in that I think if we're going to raise capital and
literally have somebody's life savings at your
trol and at your disposal you should probably at least know what you're doing
right and that means having the knowledge having the training you know
and investing in yourself you know for me it's a head scratcher when a lot of
people aren't willing to you know go that extra mile right pay for coaching
or pay for education but yet they want to go out and raise millions of dollars
with a capital for me it's just you know it just doesn't make sense there's not
integrity in that situation so again guys I hope this video was helpful feel
free to click on that subscribe button click on that notification bell if you
guys are interested on how I first got started in real estate because well
that's one of the common questions that I get a lot feel free to grab the 0 to
75 unit book it's gonna be in the description below it's actually
detailing my very first step in real estate investing and I think it's
absolutely key I'm giving it up for free all you got to do is pay for shipping
and it's a short book it's a short read guys you'll be able to finish it in the
day or as I like to call it very frequently you can knock it out in one
bathroom visit right so feel free to grab that it's completely free and I
encourage you guys if you want to learn more on how to raise capital I'm
actually recording another video that's specifically talking about three
different ways that you guys could do to raise capital today how you can start
implementing it today so be on the lookout feel free to watch
that video right after this one I think it's gonna be a really good connector
but I hope this video is helpful in terms of how I'm raising ten million
dollars worth of capital right now and guys don't forget write if you don't
have that knowledge right ask yourself whether you should be raising capital
even in the first place so again guys hopefully this video was helpful I'll
see you guys in the next one much love to you I'll see you guys in the next
video