Invest In Real Estate With No Money: What Is A Lease Option

Can you really invest in real estate with no money? The lease option strategy is my #1 real estate investing strategy, and uses no money out of your own pocket.
🤝 Got Money or Retirement Savings? Partner with Kris on Deals:
www.kriskrohn.com/partnering
Watch and Enjoy!
Kris Krohn & Nate Woodbury
WORK WITH KRIS:
========================
Becoming a successful real estate investor is easier than most people know… as long as you have the right Mentor and the right system. Click here to learn your best options:
BOOKS By Kris Krohn
========================
The Straight Path To Real Estate Wealth: amzn.to/2zT0Bur
The Conscious Creator: amzn.to/2gFEkblLimitless: amzn.to/2gLQXoV
Be On Limitless TV
========================
Record your questions on video, and join me in a future episode:
bit.ly/2yO78c7
MUSIC
========================
Tobu - Infectious
• Video
Artist: / tobuofficial
Licensed under Creative Commons - Attribution 3.0 Unported- CC BY 3.0
========================
Video by Nate Woodbury (The Hero Maker)
BeTheHeroStudios.com
/ natewoodburyhero

[@brennismuttilainen8198]

Kris I love your videos! I have learned so much! I am 20 years old and followed Your 4 envelope method and just bought my first 2 homes and are currently renting them out to tenets. Keep up the videos man. Your an inspiration!

[@KrisKrohn]

Wow! Congrats. Glad I've been helpful! Keep up the good work!

[@danielsteckbauer7105]

Hey I’d love to talk to you about how you got started Brennis. I’m 20 years old and if I may ask how did you buy these houses? Did you have a really good job before you started this?

[@KK-nk4uv]

Congrats! But what's 4 envelope method?

[@alexk-k8107]

Would love more info, if you're open with sharing?

[@ilruuihuymymymhm]

Brennis Muttilainen I would love to hear more about your homes. If you are open to sharing

[@tyreak15able]

when enthusiasm is shown i know the person teaching is genuine! these two are dropping some real heat within these four videos i love it and cant wait to come back to this vid with the comment saying i did it

[@chaninenouah2843]

woow! I've never been interested in real estate until lately. I wanted to have a basic knowledge and technics for future plans. This is so clear and plain for my understanding. Thank you guys for sharing this tips

[@G.ThatGuy]

Pretty awesome idea. Can you make a Pros VS Cons video on the lease option? Or some type of video of things that could potentially go wrong/ common mistaks with the LO

[@cjleongson]

Ive watches this like 1-2 yrs ago, and just now got back to watch it again. Now i understand it well

[@jthb]

im 15 and unfortunatly my age matters but i am taking notes

[@harambe1580]

haha same mate, are you studying economy?

[@DonUrriaga]

Ayee im 15 to

[@jthb]

Gabriel Rocha uh I study economics accounts basically business I.t.... Stocks....

[@MohamedHassan-up7sy]

15 year old too, now working in the stock market.

[@adrianruiz3341]

you can still do it you need to have a partner that is orlder do the paperwork and do a contract with them

[@quhack7389]

I wanna get into real estate as soon as possible I’ve watched like every video at least 4 times to get a really good understanding. At the age of 17 I’ve learned more than I ever would in a tiny class room. I wanna be my own boss at the age of 25. You’re very inspirational man thank you so much.

[@jaimepadilla4328]

How has it been going so far

[@tiffanyscavetta8340]

Hey you're 18 now right?? How far have you come? :) You can do it!

[@md.nournoby4523]

Hi

[@benfalach717]

Your 21 now, how is it? Any progress updates?

[@unclephil2722]

We need an update!!

[@tonyargueta6437]

Great content, love the energy, learned a lot. Thanks for sharing!

[@gingerjordan]

Ive been following Kris's videos for a year now, also bought one of his books..Looking at everything at an investor point of view..Being a property investor has been my biggest goal, and is also my childrens goals. Ive now come to realize im to far away from my goal because of lack of my past, credit, and job history ect..So now ive come to the realization a lease option can help me to at least get into my first property..I am now watching the videos to use all the information of the benifits for the investor, to pitch to someone I know that can potentially help me buy useing a lease option on one of his properties..

[@956judith]

Ginger Waniandy my situation is pretty unique as well and I may have to look into a lease option !

[@travishill1692]

Kris this is gold brother. Great as always! Can't wait for the next 3 videos. I live in Canada so I understand not everything is the same but really love the content. Great work! Cheers

[@tungthanhle6797]

Thanks for sharing your amazing stories, Kris!

[@K1izCyrax]

Thanks for the video gentleman, graduating from college next year and trying to get a jump start on the next chapter of life..... ON TO VID #2!!!

[@adhdfitgirl]

amazing! what are you truly passionate about in life?

[@halluxinations]

You're honestly so inspiring to me. Im only 15 but I have a dream to get into real estate when I grow up.

[@ottoartamo353]

Im 13 but already interested in real estate and I think I just learned what a lease option is! Thanks from Finland🇫🇮

[@mathewbrown37]

The beat boxing and freestyle were appreciated, thanks for the info

[@frankietorres845]

I’ve been subscribed and have had notifications to your channel for some time now, thank you for the great info you guys put out!

[@KrisKrohn]

Frankie Torres appreciate it! If you want to take ACTION on knowledge that you’ve learned email me and we can get you started! [e-mail]

[@mirandabass5431]

This was awesome! I’ve been telling my fiancé this for a whole year now, and finally he understands! 🙌🏼🙌🏼

[@KrisKrohn]

Miranda Bass LOVE IT! If you want more info email me [e-mail]

[@Thakko]

Now next to part 2. Really worth it!

[@propertyomgtv254]

Hey You're just awesome! I finished all your four videos at one go. I'm from Malaysia Kuala Lumpur and have been doing deals from bank foreclosure. But this requires huge capital even though it can be very profitable too. Now your teaching has opened up new horizons and business opportunities here. I'm grateful.

[@cryptoflip4625]

My first time watching L.O bcuz I didnt understand but u guys explained it perfectly to where I totally understood it.!!!

[@HRGamers1]

When kris says "take notes, I know you don't normally use it"; look down to my hands holding a pen and a agenda to take notes "try me"

[@jeremyvillalon8287]

I have been saving on my 401 for about two years now I would love to start ASAP I am only 24 years old!!!

[@jaireanthony7876]

i am 16 and i have been enjoying your videos, i am taking notes on these topics and relaying them to my parents in a effort for them to try this cause i can see this working and even though they wont try it i surly will

[@humbleexplorer4998]

Dude, you guys just gave me this idea. Which is so great and makes so much sense. Thank you!😁👍

[@topinfoproducts2754]

Definitely going to do Lease Options. Also, I’m watching this at school 😂

[@AtizaJuanita]

Kris this is just amazing... What a great channel... You're about to change my life cuz I already made a decision because of your content... I'm 21, live in New York and I'm living in a rent so I'd love to buy my first property whiting the next 3 month.. I don't want it to be in New York... I want to buy in Florida... All I know about Real Estate is thanks to you... I feel like I need more knowledge though

[@KrisKrohn]

Fantastic attitude! Glad you found this channel. Keep watching these videos, and when you are ready to invest in Florida, let's chat.

[@AtizaJuanita]

Do you have properties in West Palm Beach?

[@KrisKrohn]

We dont' have inventory, but will find a property that meets your goals. Right now there are some amazing deals in Kissimmee.

[@AtizaJuanita]

That sounds interesting.. but it's not only my decision... My mom wants to leave in West Palm Beach... She loves it... If your interested in having me as a client I would love to negotiate with u... I would feel in safe hands

[@user-nj7rw5my9h]

Do this Real Estate tips only work in America?

[@MegaRome25]

great info..love the energy and assistance fellas

[@zlandrez833]

Hey Kris, probably u won't read this but I just bought your book because I'm only 15 and I really wanted to invest in real estate, thank you so much for the knowledge

[@trentbriggs1198]

Stil watching and loving it so far and I'm confused on where you get the $40k from? The leasees do not pay that right? They're paying it down monthly as if it was an already established mortgage So I'm not sure where it comes from in the equation.

[@camarojoe1997]

question. how do I report leasers to credit bureau weather they pay on time to improve there credit for future purchase of property? and vise versa

[@carlossalgado1008]

I have OFFICIALLY subscribed. Thank you for doing this guys!

[@KrisKrohn]

Carlos Salgado I appreciate it!

[@katerinachristodoulou9878]

You’re amazing, keep doing what you’re doing.

[@mikefieselman]

at 8:20 you calculated vacancy as an expense towards the cashflow, however the cashflow number you calculated, already took vacancy into consideration...

[@heavy7097]

I’m looking for a video that will tell me how to set it up. Contracts? Lawyers?

[@smendozajr4111]

I love your videos keep it up man. I appreciate the knowledge you’re sharing and I too wish to one day grow as big as you.

[@wendellmeusa2509]

OMG...I did it...it's amazing! Thanks Chris!

[@BianicEpicVideos]

Dude that scream at 0:22 was a sound effect or no because it was perfectly on time.

[@grantrmoore]

Kris I have 1 question with this tho.. What u typically preach is to use a home equity line of credit to then purchase your 2nd home.. Now you've eliminated that possibility with a lease option, the equity is no longer mine or is it?

[@dylonnace8585]

Slim Chain this is an option for people that can’t use a traditional loan to purchase a home, however you can still find a lease deal in which you find equity. When someone else leases or buys the home from you, you will see that equity

[@KrisKrohn]

Dylon Nace EXACTLY!

[@charismaadugyamfi760]

God bless u man. This is an eye opener. Thank alot for the information.

[@4sh024]

Thank you for the inspiration! I need to hear that during these tough times!

[@theshamanist113]

What the heck is that scream @:20!?!

[@2PacStoleMyBike]

His video editor 😂

[@KrisKrohn]

Ha! My son in another room.

[@kalennkrohn5505]

Totally our kid!

[@petertams394]

😂😂😂😂😂

[@FearlessMillionaire]

Holding hostages?

[@christhrowndotz4203]

I’m 24 I work 70 hours a week and I don’t see a future in taking care of my mom and sister plus my life and doing the things I want I’m willing to do everything it takes I listen to audio books motivational speakers and videos like yours everyday I want all the help and information I can get please help me in anyway you can

[@alexandrucamila8818]

Move to Denmark :)

[@babayaga8126]

Hey man all you gotta do is Visualize everyday where you are and your seeing yourself driving your dream car and listen to affirmations Hope it helps :)

[@dustinsnare]

Thanks Kris, great rock, solid easy number comparison.

[@raymondtongolei6019]

Hi Kris thanks for the video on Lease Option. I want to learn the best terms I can negotiate a Lease Option for myself as my primary residence. My credit is low and job history is only 1 year in a new occupation. I want to buy in 12 months, now I'm working on paying my credit card debts and improve my credit score.

[@SmartRapperTV]

I can teach you to rap if you need to. It's kind of what I do lol :D

[@MyBurnerAccount]

Smart Rapper Gang wtf you doin here??

[@Jeremiah1619]

Thanks a lot for your videos

[@671brayan]

Bro wtf haha funny i watch your videos too.

[@grantrmoore]

Hahaha we r treading on the same stomping grounds Smart Rapper!

[@Jiggzz]

Rob lol lets do a real estate song. 🎙💪

[@AR.EliteRealtyTeam]

Kris you’re videos are great they’re full of great knowledge. I haven’t yet got my foot into real estate but in the next 90 days I will take your challenge and eventually I’ll have those six figures for a personal mentoring from you. Thanks and continue these great inspiring educational videos.

[@KrisKrohn]

Awesome. Glad to hear it! Thanks for being a part of this channel!

[@ryanthepianoman27]

How did the real estate thing go?

[@arielcastillo4379]

King of the Jungle did ya do it lol

[@oscarwalle8732]

Did you do it?

[@zyanduran6706]

how is it going dude

[@Sy357]

Thank you so much for the free information!!!

[@ranjinirajainfilm]

Thanks for these classes! Better retention on my attention than having to read to a book!

[@twartles6139]

I like how when scrolling through the comments i see that half the people including myself are 13-18

[@CotyWK]

"He's a total math nerd" Can't do 3rd grade math.

[@jadams0318]

Lmao

[@richardsanchez2209]

Yea that’s why he’s a multi millionaire 🤣

[@KrisKrohn]

I’m only qualified to do 2nd grade math 👀

[@ontherisewithcandyceevette3037]

@@KrisKrohn lmao

[@josephholdman1037]

No! Take it to calculus! No problem!

[@beatsbycyco]

i love him and have been listening and following him since the first video

[@alexg8243]

Chris! I join many people in comments by saying I really love your style and the quality of videos you make! Your numbers on this one is a little off. Recalculate your vacancy on rent option.

[@epauloconnor]

Over 4 years... you'd probably pay $5,000-$10,000 of the principal, so it'd be more like $160,000-$165,000 owed.

[@lanabeatty6760]

I'm 17 and I am already studying for this 😁

[@MatPhi]

Me too 😊

[@naxell6640]

I watched this video at 17 now rewatching it at 18, lets marry

[@ayrtonjamesleith1936]

Let’s go to everyone under the age of 19 🥳

[@brianmiller5074]

Great video for newbie thanks. My ear are open. I need to find a piece of property now. Thanks again..

[@wandacharriez8937]

Not even beginning to watch and Love it thank you guys

[@kingcj6533]

You earned my subscribe when you started rapping . Lol

[@MiguelVargas-pz5zv]

I like how they make those small pauses when it comes to basic math equations and using the calculator. Smart move tho. More minutes being counted on for their KZbin channel

[@alyssamoore1416]

Amazing!! 🙌 Video part 1 ✅

[@BradKaellner]

Lease option is such a powerful strategy. Consider targeting homeowners that bought right before the peak (2006/2007).

[@nicestchannelonyoutube8778]

What’s the intro song at :47 I love it

[@Jean-dn9ii]

tobu - infectious

[@vicenteponce4553]

You had already accounted for vacancies in the cash flow

[@jayspeeds3574]

lol i was scrolling down to see if anyone caught this as well lol Kris is still the man tho 💪🏽

[@rekasfpreparat]

Yep, so in the end he would have made 15k.

[@diegoa8794]

Plus he was paying down the principal every month so he would owe less on the mortgage

[@TheAnime_Hub365]

this blueprint is amazing. Ive never payed more attention to anything on youtube until now

[@KrisKrohn]

Thank you for your nice words!

[@andressoto493]

Kris Krohn Hey Kris! Quick question, would the equity you earned by paying down the principal in the mortgage annually also be part of the $40k, added to the $40k, or won’t be part of the equation? And if not, why? Thank you so much for your videos your my favorite of all time 👨‍⚖️😁

[@ryanpinkham6784]

I freaking love this +Limitless TV!!

0:20 - I need to ask a favor of you (in the background "AAAaaaahhh")

[@vincentgoulet1347]

With a lease option the renter don't necessary have to buy the house therefore you still have to pay for repairs?

[@KrisKrohn]

Not unless they move out. The agreement puts that responsibility on them.

[@jacobwilkinson3958]

All responsibilities are stated in the lease. If you want that on them, you put that on them.

[@nicklewis2826]

Kris Krohn - Limitless TV you actually get these people to sign these lol? I would never sign I lease where I am responsible for repairs. What happens if the ac unit goes out? Am I paying 5k for that if I don’t own the house. No. That’s not how a lease option normally works lol.

[@seanmorrissey5729]

You would if you were paying a bank mortgage on a house, wouldn't you? The bank sure wouldn't. The only difference in this case is that Kris is playing the role of the bank. It's rent-to-own. The property will be yours once you pay the lender back in full.

[@nicklewis2826]

Sean Morrissey here’s the difference amigo. In situation one, paying the bank, I have the deed in my name. Situation two, the deed of the home is in Kris’s name.

[@fiftyslady8945]

Kris, I love your videos and they are so inspiring. Thanks for doing all that you do! I can't find the answer to this questions anywhere and have been searching and searching, could you shed some light? You say PM companies don't deal with lease options so how do I get a tenant? Am I supposed to fly out each time I hold an open house? Or can I hire someone to do showings/do background checks/deal with evictions? I'm so stuck, any help I would be grateful for.

[@RodKhleif]

Love your videos! Great tips!

[@matl09111981]

Aka property management with more risk

[@johnmichaelricasa2998]

yah, this is so Risky. for young guys that loans money to get in this thing.

[@joseaguirre181]

he’s a good beat boxer lol

[@cru3lw0rld_96]

Jose Aguirre, what part does he beatbox? (I didn’t watch this whole video, I clicked away at 30 seconds.)

[@Gabriel.4190]

@@cru3lw0rld_96 oh, Morty. 😂😂

[@cru3lw0rld_96]

Anonymous what? 😂😂😂

[@joeyrandolph7854]

Jose Aguirre bthe b

[@Gabriel.4190]

@@cru3lw0rld_96 you want to see my pog collection😂😂

[@giganigga2705]

Lease to own has a buyer making payments/1 Time payment of house ---renting has someone covering your bills towards owning the house lowering potentially loss income / final sale price - what is owed still = profit

[@GGezzue]

You always came out with wonderful ideas and great video content. I will follow your ways because you the best. Btw, can i know what brand the shirt that you wearing.? Looks cool! Suit you very well.

[@ericv8395]

Rent to own homes are the best thing happened to me. I get them for 300% less than market value from here and then sell it for real price.

[@busyb9031]

How??

[@stamathsxontrogianhs5128]

12x100x4...sweating for 10 seconds....4.800

[@LifeLately_Abroad]

Hi Kris, great video... def watching more. Quick question, on lease option do you pay for rates and levies or that in the account of the potential buyer?

[@123luckson]

Youre amasing, tnx for the learning 🙌

[@taeway2206]

I’m confused .... but if you rent it out your goin to continue to own that house but I thought if you lease the house your goin give it up one day ?

[@nev4696]

The camera never focused on the phone lol

[@Darkeiser.7]

Been a while since I commented but. Can't wait to get started. Now, hurry up and make the videos. How do you set up the lease?

[@strongmom1152]

Can't wait for the next three!

[@abdurrahman1493]

i didnt get the 40000 part in lease option

[@adambriceland7309]

Kris how do I get a hold of you and your team. I have a situation I’m in I need advice on.

[@KrisKrohn]

Here you go. See which option is the best fit: limitlessmentor.com/TV/index.php?id=comments

[@alexandervalladares2501]

Kris amazing content as always .. met your at 2022 Clever Summit …

[@knowitall6821]

This is one of the things I'm actually looking into to do. tired not owning my life. I'm the architect so I'm about to draw myself a new life's plan for the future. Thanks again

[@KrisKrohn]

Know It All love it! If you need help email me [e-mail]

[@MJ-wi1tc]

Wearing that leather wristband Looks like he’s waiting for a falcon to land in his arm😂

[@bari6498]

Its 2019 im trying to turn my life around doing this

[@jordymurillo8006]

Realshit

[@juliangoings8923]

You too?

[@vanessamiller1503]

can relate

[@KrisKrohn]

If you need help email me [e-mail]

[@lianashaffer1983]

We just got shutdown from a bank for a loan. But we are close to getting the credit where we need it. I will be emailing you in the future kris. Just stumbled upon this have almost the same story. Struggling financially with 5 kids ...I don't feel like "a man" I WILL turn this around and share my success story

[@jamesmichel3979]

Real informative, thanks

[@jayadevrana3657]

Krish Krohn is the best salesman I have ever seen

[@ryguy108]

You missed a crucial part where you didn't state how much of the "rent to own" rent is going towards lowering there final sale price if they decide to buy it.

[@Gevorkal]

It's in part 3

[@kaneibarra3738]

That’s why he says they set a base price meaning no matter how much they put toward it, they won’t receive less that that #

[@freesol1]

You are double counting your vacancies. You only take into account 11 months of rent (after 4 years thats 8800) instead of using 12 months which means 1 month is for vacancy. Then you take out a vacancy exp of one month.

[@chriskline8012]

well when you're trying to prove your point you don't need to worry about real facts

[@freesol1]

ahahaha tru bro!

[@thatawesomesound1552]

He is not counting them twice. He does 4 x 1000 (mortgage expense). You dont collect rent But you do need to pay the mortgage, this creates his 4K expense

[@freesol1]

@ThatAwesomeSound They most certainly collect rent. Their cash flow is based on cashflow{8.8k) which is rent minus mortgage (this includes a $200 vacancy exp). Plus their mortgage expense is not 4 X1000. If you are calculating mortgage expense: Monthly mortgage is $1000 yearly it would be $12000 and since they are holding for 4 yrs cost of mortg after 4 yrs would be 48000. They calculate a $200 vacancy exp in their cash flow then $4000 in vacancy exp.

[@russelwestbrook8830]

He is not double counting. The 8.8k is the cash flow from 11x4 months. Now, with 1 month vacancy, there is no rent collected, thus he has to pay $1000 out of pocket to cover the mortgage. Over 4 years that would be 4k.

[@aadams3995]

Thanks so much for this video. This video is pre-covid days and about 7 years old. Is there any chance you have a video on this topic with today’s numbers?

[@G_SixT]

What is the scope of house buying? Within same state? Country? Do you physically go to every home?

[@SwicksterJ]

Is it possible the tenant doesn't do the repairs in the lease option, and just lives through wear and tear? They wear things down and don't buy the property in the end, leaving you with a house that requires fixing if you want to do anything with it again? So it's out of your pocket anyways?

[@snoshii2797]

No because you state in the contract you create with them that they are responsible for all repair fee's for anything that broke down while they were at your home

[@michaelmoon1214]

And if they disregarded what it says in the contract and leave anyways, what then?

[@snoshii2797]

sue them

[@wonderfulnepalwow]

I am enjoying your video, I will watch all your video. ☺️☺️

[@v12bat51]

To get started in real estate investing I think places likes Detroit and Midwest in general make a lot of sense, as the property values are significantly lower.

That doesn't work in most countries!

[@jakestanleytravel5462]

how do I pay for a house in the first place ?

[@mr16325]

Go to bank, put down payment, get mortgage

[@franceswiley5715]

Lol entertaining and informative! Love it!

[@Donsaavage]

Kris you are awesome brother just found you Channel but this is great

[@PoorlyGenie12]

In your lease option calculation you don’t award any equity to the renter, you’re pocketing every bit of their money. That by definition is not lease to own

[@RevelCris]

PoorlyGenie12 maybe they loose all equity if they don't purchase in the end

[@calincampbell5637]

They are buying the property from YOU. which you will sell for 200k instead of the 170k you bought it for. that original equity is yours to keep

[@calincampbell5637]

Also the renter is getting equity by paying for the mortgage and the extra money from the monthly payments is profit for the property owner