How I Would Get Started in Real Estate in 2024

  Рет қаралды 95,994

Kris Krohn

Kris Krohn

5 ай бұрын

House Prices are very expensive right now and I don't see them going down anytime soon. I'll show you how you can still make crazy money investing in properties in 2024.
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
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NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
DISCLOSURE OF FINANCIAL RELATIONSHIP
Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here: www.kriskrohn.com/epicdisclosure
#KrisKrohn
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Пікірлер: 112
@spicy7109
@spicy7109 Ай бұрын
few things hes missing is closing costs and when you only put 3% down you have to claim that property as primary residence for a year.
@Thejasonrogers
@Thejasonrogers 5 ай бұрын
I moved in with my parents @ 22yrs old worked at walmart saved 40k bought a house @ 25yrs old 1yr later I have 30k equity and now I’m buying my 2nd house today. Slow and steady wins the race
@christianperez4309
@christianperez4309 4 ай бұрын
What state was the purchase in?
@Yaniv_Israel
@Yaniv_Israel 4 ай бұрын
@@christianperez4309why
@Juan__16
@Juan__16 4 ай бұрын
Bro in which state did you purchase the house?
@Thejasonrogers
@Thejasonrogers 4 ай бұрын
@@Juan__16 Florida 10min from the beach! My insurance is cheap cause I have USAA knock on wood
@Thejasonrogers
@Thejasonrogers 4 ай бұрын
@@christianperez4309 Florida the sunshine state
@Dashabell.
@Dashabell. 2 ай бұрын
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million..
@StanleyHudson1
@StanleyHudson1 2 ай бұрын
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
@StanleyHudson1
@StanleyHudson1 2 ай бұрын
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy
@Mateo12m
@Mateo12m 2 ай бұрын
How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
@Dashabell.
@Dashabell. 2 ай бұрын
Thanks to Patricia V Vesely.
@Dashabell.
@Dashabell. 2 ай бұрын
She's a licensed broker here in the states
@irainkoolaidTTV
@irainkoolaidTTV Ай бұрын
video starts at 6:10
@lindalamar4800
@lindalamar4800 Ай бұрын
How do you research if an "investment opportunity" is on the level? Ie. "The Island Project"
@hiltonsworld5753
@hiltonsworld5753 5 ай бұрын
I'm glad you finally addressed this!
@LuminousPlasma
@LuminousPlasma 2 ай бұрын
The submit button is not working on the website
@Rylee-hy6jr
@Rylee-hy6jr 3 ай бұрын
At what point did you hire property managers?
@LARRYTHECARGUY
@LARRYTHECARGUY Ай бұрын
I understand how you did it BUT after taking the heloc out, don't you have to pay that down?
@javiermachado8493
@javiermachado8493 5 ай бұрын
How Can i get mentorship from him ?😅
@heatherrichmond7900
@heatherrichmond7900 14 күн бұрын
Hi, your link button doesn’t work. How do I get a copy of your book?
@malindaproperties
@malindaproperties 2 ай бұрын
Isn't that 3% only for your primary residence?
@BlueSky-gu1vn
@BlueSky-gu1vn 5 ай бұрын
I flipped homes. Now holding and renting. 🙏
@bmanscire
@bmanscire 5 ай бұрын
Say that!
@JuanTorres-gh9qb
@JuanTorres-gh9qb 3 ай бұрын
Is the book thing real?
@annmich7384
@annmich7384 5 ай бұрын
Thank you Kris 👍
@dennissparks7788
@dennissparks7788 5 ай бұрын
Strait path
@reggiedenny5094
@reggiedenny5094 5 ай бұрын
Hey how can I use a shipping address and a billing address which are different. My cc is my billing address which you do not have on file....
@Kera4800
@Kera4800 5 ай бұрын
I’m having the same problem
@AidanBatten
@AidanBatten Ай бұрын
So if I’ve been in business 2 years I can get a house?
@I-DO-MEDKITS
@I-DO-MEDKITS Ай бұрын
So what about the loans from the bank though? You just pay them monthly with the income from the tenants ? If so then how would It profitable ? Amazing video. Literally the best broken down explanation. I'm just got a little lost on paying off the loan. Please help me thanks. 🙏
@user-ru9ni6nh1z
@user-ru9ni6nh1z Ай бұрын
The rent needs to cover taxes, insurance, and make the mortgage payment. Plus have money left over. That left over money is your cash flow. Deals like that do exist.
@scottrahn22
@scottrahn22 13 күн бұрын
I’d like your book.
@martingallegos6577
@martingallegos6577 2 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
@jaredbills7561
@jaredbills7561 Ай бұрын
Sucks you can’t use an fha loan to rent a house out
@jasonjosephlee
@jasonjosephlee 2 ай бұрын
Buy and hold is the best method when starting out. Then you can trade up and add value. I started a few years ago and now I have over 100 rentals.
@wonke-bo4fx
@wonke-bo4fx Ай бұрын
How can i partner with you on business?am from South Africa
@Horace9C
@Horace9C 3 ай бұрын
How does a real estate investor die?
@BillyRuiDonahue-op3pp
@BillyRuiDonahue-op3pp 5 ай бұрын
what about Los Angeles, CA?
@flikrinc9945
@flikrinc9945 18 күн бұрын
nah gang way way too expensive
@AntonioRodriguez-bi4zf
@AntonioRodriguez-bi4zf Ай бұрын
Times are not the same. I live in Florida and it’s definitely not cheap down here. So buying a house at these times and the economy and let alone the housing insurance is another mortgage payment. Back then they didn’t require so much and gave mortgages to everyone. It’s so different now. You have a great sales pitch and make it sound so easy for anyone to do it but the reality is you can’t do it here
@martinvencedor1646
@martinvencedor1646 5 ай бұрын
you are amazing dude
@sammiienyc
@sammiienyc 2 ай бұрын
Should we look for FSBO homes as a first time buyer?
@user-kt6dy7qw1l
@user-kt6dy7qw1l 4 ай бұрын
Let me get a mentorship!
@danielsea6479
@danielsea6479 Ай бұрын
Honestly character matters, you should start on that Chris.
@about.weightloss
@about.weightloss Ай бұрын
Real estate business looks more professional with a website. If you don't have a website. As a real estate agent, people won't take you serious. And I can help with that if you would like to talk about it😊
@Quin2
@Quin2 3 ай бұрын
14 watching this
@hud5692
@hud5692 4 күн бұрын
never too early. i’m only 15 😅
@hanjiwhatsnext
@hanjiwhatsnext Ай бұрын
This is doable -we have the created in 2024 with 3 months.
@user-bh3km6dh4z
@user-bh3km6dh4z 4 ай бұрын
At what age can you start real state?
@laurenrobinson3832
@laurenrobinson3832 2 ай бұрын
18
@kai89tracid
@kai89tracid 8 күн бұрын
6 with parents
@junior-69999
@junior-69999 Ай бұрын
Do I need a real estate license to buy a house fix it up and sell it?
@eli_markzweeel4526
@eli_markzweeel4526 Ай бұрын
No
@tomrmazur
@tomrmazur 15 күн бұрын
I would like a property in my state. Not 1000 miles away.
@commanderrandy3259
@commanderrandy3259 Ай бұрын
I purchased my first duplex at 20 yo and my 2nd property at 22 yo. Should I use my equity built ($70k property 1 + $80k property 2) ? Or save cash from my other income to purchase another property. ALSO does anyone purchase through unconventional methods ?
@eli_markzweeel4526
@eli_markzweeel4526 Ай бұрын
What was the down payment on the duplex?
@Jesus-nh4ny
@Jesus-nh4ny 16 күн бұрын
how did you set up the title like is your personal name on it or did yoy go through with an llc?
@homesbymikewalker
@homesbymikewalker 2 ай бұрын
Very interesting
@Wisestomatoe
@Wisestomatoe 2 ай бұрын
I can’t live with my parents so I have just to work on saving
@grousemoriarty
@grousemoriarty 2 ай бұрын
tax rent to 0 and cancel public school
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