In this #Highlights episode, we look back at our conversations with Nick Ameluxen and Daniel Kwak. Our discussion zeroes in on the simple steps Nick and Daniel took to close a deal in real estate. Nick tells us how small consistent actions can lead to bigger things and that you should do whatever it takes to close a deal.
Watch the episode here:
Listen to the podcast here:
Daniel talks about reverse-engineering the steps to closing a deal. Instead of starting at the beginning which is how to find deals, Nick begins at the end, which is how to close a deal, and then works his way back. Listen, learn and add these simple steps to your strategy for closing a deal in real estate!
Key Points From This Episode:
- How to know you have the right partner in the business.
- How Nick closed his first real estate deal.
- The struggles Nick faced during his first syndication deal.
- Nick’s decision to take a break during the onset of the pandemic and what he learned during those times.
- How Nick manages his time with family and career.
- Daniel’s formula on how to do things better, faster, and more efficiently.
- Daniel’s reverse-engineering strategy to achieve his goal of 20 rental doors.
- How Daniel found seller-financing deals and seasoned landlords.
“To do whatever it takes in Austin, and probably in every market, you gotta move quick, especially on a good deal, they go fast.” –Nick Ameluxen
“If you’re doing your job correctly, there’s always a way to get a good deal done.” –Nick Ameluxen
“Focus on creating a situation and finding the people that are not going to say no to your product, as opposed to finding people that you can sell to.” –Daniel Kwak
Links Mentioned in Today’s Episode:
About Nick Ameluxen
Nick Ameluxen is a partner at Quantum Capital, assisting in acquisitions and asset managemet. Through his 11 years in leadership roles, Nick has found success by solving big problems through relentless hard work and ingenuity.
He has been an active real estate investor in Austin since 2015, and oversees Quantum Capital’s portfolio in Austin, TX. While originally from Denver, Nick moved to Austin in 2014 with his wife and two children.
About Daniel Kwak
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 a negative amount of $187.65 in his bank account. Motivated by continued financial hardship throughout his life, he started learning about Real Estate Investing. For the first two years, he learned everything he could, and at the age of 22, he did his first deal. By age 23 he had 83 rental units, along with having raised millions of dollars in capital and also having done a variety of different deals and strategies. At age 26, Daniel founded Miotti Partners Capital, a core-satellite fund that has introduced the equities fund management model into the Real Estate space for the first time. He has also traveled across the country training and mentoring hundreds and thousands of aspiring real estate investors.
Daniel and his brother currently run an online financial education company, along with a Youtube channel (The Kwak Brothers) that currently has around 200k subscribers. Overall, Daniel aspires to be a great husband, leader, and friend by being more aware of God’s love today than the day before.
Join the Real Estate Syndication Show Community: