Guide to Buy Your First Rental Property

  Рет қаралды 473,561

Kris Krohn

Kris Krohn

Күн бұрын

Пікірлер: 322
@pratikrijal8877
@pratikrijal8877 4 жыл бұрын
Make a video on what can go wrong while buying a real state .
@iwanstoilow
@iwanstoilow 4 жыл бұрын
yup
@phdtvproductions
@phdtvproductions 4 жыл бұрын
this is why I use these videos mainly as motivation and not as my real estate education 😂
@TruthWatcherD
@TruthWatcherD 3 жыл бұрын
He has a while ago. Just need to find it on his page. I’ve seen plenty where he covers it
@xreplayzx117replayziscool6
@xreplayzx117replayziscool6 3 жыл бұрын
@Kris1 Krohn Nice fake account skid :)
@jeanchawa6372
@jeanchawa6372 3 жыл бұрын
@@xreplayzx117replayziscool6 🤣🤣we got him
@LifeofKairo
@LifeofKairo 4 жыл бұрын
Other people: buy a whiteboard Kris: Nah bro, buy a WHITE TABLE
@JAMIE-JAMIE
@JAMIE-JAMIE Жыл бұрын
I literally picked your video because I like your way of explaining, it is real & refreshingly different. I just liked & subscribed
@Oinnk
@Oinnk Жыл бұрын
I wasn't even aware of landlord insurance. You teach me something new in every video. Thankyou!
@lovegansaw
@lovegansaw 4 жыл бұрын
I've been watching your videos for months. Learning a lot. Jumping into the real estate in my country. Biggest fan from Myanmar.
@juvvakrishna6348
@juvvakrishna6348 2 жыл бұрын
How is u r business? Now
@thispersonshorts
@thispersonshorts 2 жыл бұрын
You should post your experience on KZbin
@KrisKrohn
@KrisKrohn 2 жыл бұрын
@@thispersonshorts Yeah, that would be great to see your journey!
@thispersonshorts
@thispersonshorts 2 жыл бұрын
@@KrisKrohn you just acknowledged my comment! Dude! I’m a huge follower. Idk what to say. Been watching you since high-school! Trying to be big time like you one day. This made my day! Thank you Kris!
@aurafangz3635
@aurafangz3635 2 жыл бұрын
His energy towards everything is so inspiring!
@waldo-ot6ul
@waldo-ot6ul Жыл бұрын
That's why he gets alot of views it's all about presentation if he wants he wouldn't get the views he wants
@RedDragonProtection
@RedDragonProtection 2 жыл бұрын
I like how I don't have to speed up your videos. Great info and pace....
@dante009.5
@dante009.5 2 жыл бұрын
Bro, your content is off the hook! Ive watched 7733 ppl on youtube and your edits, humor, relateability are on tge next level. Clearly you love what ya do! Strong work
@KrisKrohn
@KrisKrohn 2 жыл бұрын
I like how specific you got there "7733", haha. I appreciate the love a ton! Thank you.
@foguhfonzockkyrian5581
@foguhfonzockkyrian5581 4 ай бұрын
From Cameroon. I must say this is perfect.. clear and easy to understand
@donaldjohnson4456
@donaldjohnson4456 2 жыл бұрын
I really enjoy watching your videos. You break thing downs to a simple science.
@thefamilyscenesarahadams496
@thefamilyscenesarahadams496 4 жыл бұрын
Hi Chris awesome work. I learn so much from you on how to get my Real estate license. And become and Real estate agent thanks for preparing millions of people on what you know best. I hope to see you one day and shake your hand. I’m so young 21 year old and I have 5 kids. And seeing u and making your videos keeps my mind on business love what u do thanks for inspiring me my husband and I love your work thanks.
@babyturkey0_091
@babyturkey0_091 3 жыл бұрын
How long did it take you to get your license
@jollytolentino7609
@jollytolentino7609 2 жыл бұрын
Ppp
@RevPhilipC
@RevPhilipC Жыл бұрын
This is very impressive and I love anything investing. thanks alot
@DavidMacauley-w3e
@DavidMacauley-w3e Ай бұрын
Hello I’m David from Sierra Leone west Africa I’m happy of your video thanks I really want to listen to your videos everyday so I can know how I can make money but today is my first day to come across your video.
@chibuzoreustace2352
@chibuzoreustace2352 Жыл бұрын
Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.
@usmanibrahim6296
@usmanibrahim6296 Жыл бұрын
Trading with an expert has been the best way of making huge returns from crypto currency.
@usmanibrahim6296
@usmanibrahim6296 Жыл бұрын
The common mistake we newbies make is investing without help and legit guidance from a professional.
@markjohn1511
@markjohn1511 Жыл бұрын
​@@usmanibrahim6296Yes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Sir Lucas S.Chamberlain last year at a startup funding event in Washington DC.
@markjohn1511
@markjohn1511 Жыл бұрын
He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.
@ibirahimabdalahi
@ibirahimabdalahi Жыл бұрын
Nice content. To me trading the forex and crypto market is way better than any online investment
@jasongoebel517
@jasongoebel517 Жыл бұрын
I'm an insurance agent. On a rental you buy landlord insurance instead of home owners insurance. Landlord insurance is not extra, it's in place of. It provides coverage just like a home owners insurance but provides that loss of rental income if there is a home claim
@HenryAndrew-v7k
@HenryAndrew-v7k 5 ай бұрын
Am already motivated and very positive about the outcome and have seen the market of residential home real estate. But as a University student, our bank has zero options, so I have to wait till employed. Big fan ✊
@marcellthegreat5397
@marcellthegreat5397 3 жыл бұрын
Thanks Kris, this is great information and I now know that I'm ready to buy my first investment property!
@captincheezee
@captincheezee 2 жыл бұрын
6:22 we should educate those who have access to it, about VA loans that usually if not always have a $0 down requirement. 👀
@KrisKrohn
@KrisKrohn 2 жыл бұрын
That's an interesting idea, I'll shop that around with my team.
@nobodyreally0162
@nobodyreally0162 Жыл бұрын
I’m not ready yet. I don’t even have a home of my own… any advice?
@MrLsevensquare
@MrLsevensquare 3 жыл бұрын
QUESTION - If you're only making $330 a month profit from the rent, how are you making $10,000 a year from the house???
@ridhimasinhmar1041
@ridhimasinhmar1041 3 жыл бұрын
Ppp
@ridhimasinhmar1041
@ridhimasinhmar1041 3 жыл бұрын
Ii
@ridhimasinhmar1041
@ridhimasinhmar1041 3 жыл бұрын
Lppppp
@rgchnl
@rgchnl 3 жыл бұрын
Same thing i was going to ask..
@aaronjacobsen1639
@aaronjacobsen1639 2 жыл бұрын
do you know what equity is? lol.
@frankgarso
@frankgarso 3 жыл бұрын
Thank you Kris, I need 30% so lets get it!!
@CarmenSanchez-sk5ng
@CarmenSanchez-sk5ng 3 жыл бұрын
I love your videos , can you make a video what to do to keep from paying so much taxes please.
@nuneze10
@nuneze10 3 жыл бұрын
First time watching your videos. Learned a lot. Thanks
@kriskrohn143
@kriskrohn143 3 жыл бұрын
I appreciate. For more W/h/a/t/S/a/p •+1•908•79•3•8•90•5
@juniorkalongo9740
@juniorkalongo9740 2 жыл бұрын
@KRIS I get back 220% on my first time invest in 2020in real-estate and I regret not buying much. Watching your video gave me the courage to do it during pandemic 2019. Thank you
@racosand6033
@racosand6033 4 жыл бұрын
Isn’t it when you do the 3% down and live in it for a year, then you can make it into a investment property?
@eldash2801
@eldash2801 3 жыл бұрын
Yes! House hacking. Look it up
@jaysosa2003
@jaysosa2003 3 жыл бұрын
House hacking yep get into a multi family house qualify for a fha loan keep one unit and rent the others out !!! They’re literally building your equity and paying your mortgage , cashflow !!
@AlexHernandez-xh8ei
@AlexHernandez-xh8ei 3 жыл бұрын
What if I don’t want to leave my parents house I haven’t bought my first rental
@clarkpavarin2790
@clarkpavarin2790 4 жыл бұрын
I need it this video exactly today That’s crazy
@thomashowe5374
@thomashowe5374 3 жыл бұрын
I love this guy.
@dmiles8406
@dmiles8406 Жыл бұрын
Extremely informative videos! I don’t see a link to get a copy of your guide to buy your first rental property.
@romasboguzas9212
@romasboguzas9212 4 жыл бұрын
Hi make a video how to buy a property in EU, how it works on 2 and 3 property. Thanks
@lauralawrence6000
@lauralawrence6000 3 жыл бұрын
Thanks for this info! Great advice
@ismaelromero6185
@ismaelromero6185 3 жыл бұрын
Build business credit!!! Use that as a down-payment and fixer upper stay away from business loans
@arijimenez5594
@arijimenez5594 3 жыл бұрын
Hey Kris I’m getting ready into buying my first rental property but I’m not sure what I should do first. Should I search for the house with the right price ? Or should I first go check how much mortgage I qualify for ? And then look for a house with the right price for me.
@goelaschooloffinance8698
@goelaschooloffinance8698 3 жыл бұрын
Ok reach out
@goelaschooloffinance8698
@goelaschooloffinance8698 3 жыл бұрын
+ 1 2 3 1 4 1 2 4 3 8 2
@goelaschooloffinance8698
@goelaschooloffinance8698 3 жыл бұрын
Whtsapp
@alvaroaguilera4853
@alvaroaguilera4853 3 жыл бұрын
Hey Kris quick question i don't own a property either to live or rent. My question to u is should I buy a rental property first or buy a home first
@Nolaman70
@Nolaman70 2 жыл бұрын
Buy a double then move after a few years.
@mr.gold-vancouvercanada1845
@mr.gold-vancouvercanada1845 3 жыл бұрын
Kris, I bought a second property as a rental. Should I aggressively pay down the mortgage or take my time so I can write it off against the income? Thanks
@Jeanyuhzz
@Jeanyuhzz 2 жыл бұрын
F
@janvielion
@janvielion Жыл бұрын
Do you need to know your legal obligations if you have a property management?
@thomaschung9310
@thomaschung9310 2 жыл бұрын
I'm having trouble finding properties that would yield a decent ROI when you factor in property taxes...unless I purchase a home that really needs a lot of work.
@amitdarji15
@amitdarji15 2 жыл бұрын
what to you is a decent ROI. better yet what you are looking to net per door per month?
@thomaschung9310
@thomaschung9310 2 жыл бұрын
@@amitdarji15 I would say a ytjing above $300/month
@amitdarji15
@amitdarji15 2 жыл бұрын
@@thomaschung9310this is certainly doable. If you are really focused on generating cashflow, look into doing novation agreements. these work great with expired listing.
@thomaschung9310
@thomaschung9310 2 жыл бұрын
@@amitdarji15 thank you!
@ChampionsViews
@ChampionsViews Жыл бұрын
Hey @kris how do I get the correct person to evaluate the values of the property at current purchase and the value of it to see the equity ?
@Our-differences
@Our-differences 2 жыл бұрын
This is incredible. Wow!!
@spacecityhyundai6047
@spacecityhyundai6047 4 жыл бұрын
where is that book that you mentioned in the video. I'm trying to look for it but a different book shows up
@JTHVideo
@JTHVideo 4 жыл бұрын
It is the first link in the description of the video (the one that ends in “freetrackrecord”
@clanderson5761
@clanderson5761 3 жыл бұрын
dude i love your content ...
@kasandra5439
@kasandra5439 2 жыл бұрын
Hey chris thanks I want to start main in Uganda this year
@kiizajordan1935
@kiizajordan1935 3 жыл бұрын
Interesting presentation!!! Like it
@brianlexl1215
@brianlexl1215 3 жыл бұрын
What's are your thoughts on taking an equity loan on your own home to purchase your first rental property?
@mikieemiike3979
@mikieemiike3979 3 жыл бұрын
I was thinking the same thing. Did you get any responses from anyone?
@byunTAEuP
@byunTAEuP 11 ай бұрын
Any update on this?
@kweenjewelryfarming
@kweenjewelryfarming 3 жыл бұрын
Location, location, location, it's pivotal.
@precious1019
@precious1019 Жыл бұрын
Great video. New subscriber!
@broverogers7759
@broverogers7759 3 жыл бұрын
Kris your new book is not on Amazon, am in Abu Dhabi I need to have it on my table.
@gavinslivin5243
@gavinslivin5243 4 жыл бұрын
thank you i got your book!
@soccerisdabest5371
@soccerisdabest5371 5 ай бұрын
Where can I find the free guide? I can’t find it in the description
@jayco1212
@jayco1212 4 жыл бұрын
Hi Kris! I clicked the link for your book but I didn’t see how I would get it. Helpppp thank you!
@naomi.7777
@naomi.7777 3 жыл бұрын
This plan doesn't talk about home repairs etc. I sold a rental in December with profits of $63,000. Do I invest or put down on the principle of my personal mortgage?
@hemanthv5145
@hemanthv5145 Жыл бұрын
Your guide link is not working
@paralifetv-youreverydaywhe8314
@paralifetv-youreverydaywhe8314 2 жыл бұрын
Another great video! Bravo!!
@peterkiryakov8729
@peterkiryakov8729 3 жыл бұрын
Amazing video. 👏
@alexanderaskildsen2917
@alexanderaskildsen2917 2 жыл бұрын
hey what shoud i do i have 11000$ and no debt at 16 what woud you do as a first move
@crystalpresley5909
@crystalpresley5909 2 жыл бұрын
In this real estate market I would definitely invest in a house. You don't necessarily need to rent which I really wouldn't even advise at your age but I would find something to flip. Where are you located?
@COACHRAPHA
@COACHRAPHA Жыл бұрын
This dude is awesome
@laramie1222
@laramie1222 Жыл бұрын
You said in this example that the take home was $300/month so how did you get an ROI of 10k a year?
@azman73681
@azman73681 3 жыл бұрын
How do u get the 10k/20% roi? U need to payoff ur mortgage of 160k
@frankrodriguez1973
@frankrodriguez1973 Жыл бұрын
Thank you!!!
@ekam0671
@ekam0671 3 жыл бұрын
Can you please explain how to generate downpayment would be really helpful.
@martingallegos6577
@martingallegos6577 7 ай бұрын
Would you rather drop a down payment of 15-20% or pull out a FHA loan and put down 3.5% down to get into real estate
@joserodriguez9543
@joserodriguez9543 7 ай бұрын
What if nobody rents it for a good while and you were counting on the tenants to make those payments?
@hortonsstuff6948
@hortonsstuff6948 2 жыл бұрын
What about a helock
@cubanumero1
@cubanumero1 3 жыл бұрын
Great info! Thanks.
@kriskrohn143
@kriskrohn143 3 жыл бұрын
I appreciate. For more W/h/a/t/S/a/p •+1•908•79•3•8•90•5
@Daniel18493
@Daniel18493 4 жыл бұрын
Hey Kris, i am living in Moldova, so our interest rates for banks are quite difference, they are between 8-10% from my calculations, this strategy is not profitable here. If we take a loan for 20-25 years the monthly mortgage barely is the same like a simple rent price, maybe even higher. Can you advise please?
@Daniel18493
@Daniel18493 4 жыл бұрын
@@Chicken_Genuis_Singapore is it available on what's app?
@aaronsanders1999
@aaronsanders1999 4 жыл бұрын
@@Chicken_Genuis_Singapore bot located 🚨
@aaronsanders1999
@aaronsanders1999 4 жыл бұрын
@@Daniel18493 Bruh you know that this is a bot right
@juvvakrishna6348
@juvvakrishna6348 2 жыл бұрын
Pls ping me if yes
@kiyaheza7485
@kiyaheza7485 3 жыл бұрын
Subscribed!
@raycrenshaw6112
@raycrenshaw6112 3 жыл бұрын
Hey Kris, I'm inspired... how do i get a copy of your book so I could start my own journey?
@browardlegends3880
@browardlegends3880 3 жыл бұрын
Ok say I do rent out my house for 2500 a month and my mortgage is 1600 how will light bills and everything else be covered ?
@James26mckenna
@James26mckenna 3 жыл бұрын
Your full time job pay
@crystalpresley5909
@crystalpresley5909 2 жыл бұрын
The tenant pays the utilities. You have a lease agreement drawn up and that is included that they are responsible.
@avanishsoman9062
@avanishsoman9062 4 жыл бұрын
Amazing content why don't you monetize these videos??
@ezekjoson
@ezekjoson 4 жыл бұрын
what would he need it for? he’s a multi-millionaire
@Aarontaylor354
@Aarontaylor354 3 жыл бұрын
Where’s the book brother
@thebestgamer1235
@thebestgamer1235 2 жыл бұрын
Great video 📹 👍
@baparinda2433
@baparinda2433 3 жыл бұрын
I don’t have the copy yet, of the book
@thispersonshorts
@thispersonshorts 2 жыл бұрын
Where’d you get the book?
@blaiseblume823
@blaiseblume823 2 жыл бұрын
I have a question, do you need a real estate license to own rental properties in Texas?
@victorodt.5482
@victorodt.5482 3 жыл бұрын
i wish u could share that Powerpoint
@jamesmartinez7837
@jamesmartinez7837 2 жыл бұрын
How could I get the book
@KrisKrohn
@KrisKrohn 2 жыл бұрын
I got you buddy. Here's the link www.kriskrohn.com/freetrackrecord
@leonflowers2073
@leonflowers2073 3 жыл бұрын
Where do you get the funds to buy multiple properties? Private lenders?
@cameronsimmons8743
@cameronsimmons8743 Жыл бұрын
Equity in the houses you buy
@keythefreelancer5522
@keythefreelancer5522 3 жыл бұрын
Do you have a mentorship program?
@JEFFALBERTNETO
@JEFFALBERTNETO Жыл бұрын
I will start off In Nigeria, and make a million
@livinginwesternmassachuset1953
@livinginwesternmassachuset1953 3 жыл бұрын
could a primary residence be a duplex that you are house hacking?
@stewiegarcia4730
@stewiegarcia4730 Жыл бұрын
Kris what is the benefit of buying a rental over building it😅
@davidnguyen3119
@davidnguyen3119 3 жыл бұрын
What’s the difference between your first book and your second book?
@SuryanshS
@SuryanshS 3 жыл бұрын
What if .. Any one start "great plan " of real estate And buy first house (mortgage house) Tenant leaves.. Then how we will pay our mortgage payment monthly... And this was our first house . And player was alien (non 🇺🇸 resident) Plz any one solve above question
@SR-sk6py
@SR-sk6py 3 жыл бұрын
Hi, I want a copy of the 📚 book.. how can I get it ?
@theposhceo
@theposhceo 2 жыл бұрын
I’ve heard a lot of teachers discuss using 100% debt to finance homes what are your thoughts on that? Ie robert kiyosaki
@juandiegobernalplata3961
@juandiegobernalplata3961 3 жыл бұрын
The interest rates are for US citizens? Could you provide this tips applied to non us Citizens?
@jan-michaelmanuel7445
@jan-michaelmanuel7445 3 жыл бұрын
Where can I get one of those tables?
@raymondharlall
@raymondharlall 4 жыл бұрын
You got it
@patrickjhonzuniga
@patrickjhonzuniga 3 жыл бұрын
5:00 not the mascots!! Omg Kris I just spit out the water I'm drinking.
@thelovablekrystal8032
@thelovablekrystal8032 3 жыл бұрын
What if I want to purchase homes with my LLC?
@ab221983
@ab221983 3 жыл бұрын
Great GREAT video! Thx for sharing!!!!!
@josuecouti1703
@josuecouti1703 4 жыл бұрын
Any advice to start investing in RE, but in Mexico?
@musicnw1234
@musicnw1234 3 жыл бұрын
How can I watch your videos in a logical order? ( Im a beginner)
@mysticmist2606
@mysticmist2606 3 жыл бұрын
Great channel
@elijah7323
@elijah7323 3 жыл бұрын
are you making 25% back just on the profit of the monthly payments from the tenant?
@ishmotivation8700
@ishmotivation8700 3 жыл бұрын
I would like to receive the book
@thejayexperience5654
@thejayexperience5654 3 жыл бұрын
hey kris its a shame that your guide relates to america. do you know how we can get that amazing advice and guide from people in australia.
@Je.rone_
@Je.rone_ 4 жыл бұрын
Rental property would be nice😃
@win0044
@win0044 3 жыл бұрын
When you buy a rental property, does the mortgage include property tax or do I have to pay for for that separately?
@crystalpresley5909
@crystalpresley5909 2 жыл бұрын
In Florida taxes and insurance are included in the mortgage
@rossbarbero4474
@rossbarbero4474 Жыл бұрын
Take a shot everytime Kris says "check this out"
@sircluckofthechickenempire864
@sircluckofthechickenempire864 4 жыл бұрын
Top 5 things that boost your ROI since my goal is 25+%
@tankercrewchief
@tankercrewchief 3 жыл бұрын
I got 3% interest rate on my first rental property with Kris Krohn’s team...🤯
@Lazylion572
@Lazylion572 3 жыл бұрын
Did you buy the property directly from his team? If so, was the price over inflated or about market rate?
@tankercrewchief
@tankercrewchief 3 жыл бұрын
@@Lazylion572 We bought in Memphis. House was $135k. 20% down. Mortgage rate 3.0! Mortgage payment $600 with rent @ $1100
@OmarLopez-kh3dx
@OmarLopez-kh3dx 3 жыл бұрын
@@tankercrewchief how were u able to get 3%
@OmarLopez-kh3dx
@OmarLopez-kh3dx 3 жыл бұрын
@@tankercrewchief Hey bro, Did your parents say the price was too high? Did u chose 1100 off the top of your head? Or is that what tenants usually pay for rent out there?
@tankercrewchief
@tankercrewchief 3 жыл бұрын
@@OmarLopez-kh3dx Parents?
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