I remember in 2009 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
@PennyBergeron-os4ch4 ай бұрын
Most of us find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
@JosephineKenney4 ай бұрын
The consistent US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
@HildaBennet4 ай бұрын
How do I reach out to yours? my assets have been struggling since 2022 and I’ve been holding on by the skin of my teeth.
@JosephineKenney4 ай бұрын
Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.
@HildaBennet4 ай бұрын
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
@Bimmersheck6 жыл бұрын
I'm 18 and I am starting to get very interested in real estate now. I have learned a whole lot from you and a few other channels. Keep up the good work!
@darthtyranous45143 жыл бұрын
Same bro
@asyadallykhankhodabocus62782 жыл бұрын
how u doing now?
@KingTateGreene6 жыл бұрын
That was so adorable to see your son’s love for you. Awesome stuff. Great content as well.
@methegamer72316 жыл бұрын
I am only 11 but this is the best info i have ever recieved
@manifesthair42266 жыл бұрын
Me TheGamer stay with it it’s smart!!
@lucasliam82385 жыл бұрын
If you think you can’t start doing this right now then No you could be finding deals, and then putting some of the information on social media like instagram/Twitter, give people a way to contact you, and use that to get investors and people who will live in your homes.
@prestondoan68935 жыл бұрын
Lucas Liam BRO HES 11
@jzornes0184 жыл бұрын
Ask your parents to get you on their credit cards if they are responsible or a secured card to start building now!!
@momo7777777777777774 жыл бұрын
@@jzornes018 bruh
@isaacengelhardt19346 жыл бұрын
You guys are generous with your knowledge, great with words, and entertaining to watch. I am thoroughly enjoying this tutorial series and I thought seeing your son was the best part of this video. Cheers!
@abdallahdiallo89452 жыл бұрын
they way his Son came to him tell everything about KRIS such a nice guy much love kris krohn
@TheBlkdroid6 жыл бұрын
Holy crap until your son ran in I totally thought that was a green screen background. Wonderful home!
@santiagosaavedra84724 жыл бұрын
You shouldnt say Gods name in vein-amen
@errieeazevillegas45373 жыл бұрын
Bro, this video is for right now me... Closing my first deal next week through lease option. Thanks Kris and Mike
@fr0stey_v1bes525 жыл бұрын
I like this guy isnt a douche bag and very helpful he seems like an awesome guy im 15 we are broke so i take this seriously im mature enough bc of events that have occured in my life so i love these vids
@valentinobianco98855 жыл бұрын
Im 12 yo and Ive been studying investment for a while know. Thx for all the help in terminology and general presentation of such a complicated subject.
@masonfpv27296 жыл бұрын
This is priceless information that just so happens to be free. As someone who is about to get a job out of college and wants to invest much of what I make into doing this, I value you this very much. Thank you for being so generous with your time and creating these videos to help other people be successful. God bless!
@dusse35813 жыл бұрын
Have u started yet
@Rachel-rh8je5 жыл бұрын
You guys are awesome!! Love all your videos!! Great video with great information!
@geminigirl11115 жыл бұрын
i’m so excited watching these videos!!!!
@joeymelfa33214 жыл бұрын
i understand the whole 5 signs thing but i feel in this day and age there a better ways to market this. theres no way these guys only market on the side of a street........
@curiousag3131 Жыл бұрын
Watching this @ 13 may 2023 Very informative video🎉
@marie-christine.l3 жыл бұрын
My. Mind. Is. Blown. I'm so excited about this !
@38kombo-yt2nk3 жыл бұрын
You guys are so casual i love it you make learning fun
@kadalakPee5 жыл бұрын
I love this channel and the subliminals y’all send each other true friends 🤣🤟🏾🎸
@pamabethsiale68215 жыл бұрын
Thank you so much!! I wished I came across this sooner. But, so far I am learning a lot. I have a question: Can do a L.O on a land (without a house being built on it?)
@WestCoastGoldProspecting6 жыл бұрын
You guys are awesome. I bet you are great fathers as well. Good job brothers.
@KrisKrohn6 жыл бұрын
Thanks Damon!
@germandelacruz49536 жыл бұрын
You guys are too funny 😂 You guys are great thanks
@KrisKrohn6 жыл бұрын
Thank you!
@JuliaBNakken6 жыл бұрын
Hi Chris! I’m ready to do this...I definitely want (need) a mentor. How do I find someone trustworthy that I can start working with NOW?
@treal99886 жыл бұрын
I’m 26 and I watched your video about doing real estate and the three things you need one being credit, I’m already investing and making profit in stocks but like you said and what if realized the money is in real estate, now I want to buy town homes and apartments, but don’t have enough cash on hand, and your saying going this route the L.O is better, so I guess I’m asking how could I get an apartment or town home this way and rent it out?
@KrisKrohn6 жыл бұрын
I assume you want to go that route to save money, but I'm telling you there are places in the US that single family homes cost $100K - limitlessmentor.com/TV/index.php?id=comments
@MosherVideos Жыл бұрын
A question i have right off the bat: what happens if you have a tenant who is awful? Breaks stuff, overall devalues the property. What does that look like?
@matthewtheniceguy11593 жыл бұрын
Me: *broke* Kris: im about to start this man's whole career
@infobridgeTM6 жыл бұрын
i own a home in colorado denver. and im currently living there. can i give a lease option to the renter if im living there? or do you suggest to move out and lease the entire thing?
@KrisKrohn6 жыл бұрын
Beginner Tuts - Yes, you can do that.
@KrisKrohn6 жыл бұрын
Totally lease option that home!!
@infobridgeTM6 жыл бұрын
okay thank you for the information :)
@brunopontecorvo91936 жыл бұрын
If you rent your entire home....where you go to live?!?!?
@mceduck5 жыл бұрын
Just sold my house in Monument Colorado that I was renting out! Gained 40% equity in two years on it. Just sell the Dang house
@jzornes0184 жыл бұрын
My question is mainly what happens if they do not maintain anything while under contract and then back out and you have to rerent. Do you collect non refundable deposit and refundable deposit to be used for damages if they do not buy?
@flipthathouzz31036 жыл бұрын
BOOM, your on it!
@ferdignomoses87285 жыл бұрын
Hey there you guys are wonderful in teaching like it. I'm following y'all!!!
@samarthkumar47186 жыл бұрын
Please make this video content for the whole indian concept. Here is a very different concept of all what you've taught.. people need your help here.. support kris
@lordarash49185 жыл бұрын
You’re Amazing kris i love You brother
@fiftyslady89455 жыл бұрын
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.
@lexriso47686 жыл бұрын
I'm learning so much! Thank you!!!
@Tstine24804 жыл бұрын
How do you do a lease option on a house you don't own? Do you find a seller willing to do a lease option for 5k down then find a buyer wanting to do a lease option for 10k down, you pocket the 5k, owner gets 5k, buyer moves in?
@Amotherflipper5 жыл бұрын
Hi Kris, do you every have a tenant that totally wrecks the home OR get upset at the end of the lease and become vindictive? If so how do you handle that?
@PaulFournierMusic6 жыл бұрын
I love your vids! Thank you guys so much! Do I use fluorescent signs or just plain white homemade Rent-2-Own signs?
@KrisKrohn6 жыл бұрын
Floresecent!!
@JeremyWhitehouse5 жыл бұрын
Great information. Thank you guys
@KBonilla6 жыл бұрын
With all them kids I can see why you guys are in Real Estate 😂
Oh & I think your business plan & videos are Awesome man 👍😎
@janetdungan28784 жыл бұрын
I'm a realtor and can buy these signs at my association at a discount
@MsISAAC73 жыл бұрын
love your videos
@rozabelperez99283 жыл бұрын
wow thank you
@bman16685 жыл бұрын
What happens when it’s time to sell the house once the market is up and you already told the lease owner 200k and house worth 250k ? So u just sell the house to someone else ?
@captainobvious874 жыл бұрын
I was wondering that too.. Can anyone shed light? ~Thanks
@saratippetts59414 жыл бұрын
Typically there is a predetermined price on the contract for when they want to exercise their option to buy the house. If the market goes up, then, that's awesome for them! The predetermined price to purchase is typically higher than the current market rate at time of signing. So, and this is one example, if the house is worth $200K when they sign the contract, they will have a chance to buy it at $225K within 5 years, or however long the lease is. Kris may answer differently, but this is what I have learned.
@captainobvious874 жыл бұрын
👍🏻
@TimsHgirlL6 жыл бұрын
I don't know if you noticed it or not. But, you said at the beginning that you need 4 signs. Now in the middle you are saying 5 signs.
@davidlamb62985 жыл бұрын
I might have missed something but if they have no credit and get a loan from the bank how can you sell it to them after year 4 you owed like 170k after year 4 you made 65k. And the bank made 48k in 4 years that's includes banks interest. So let's say you still owe bank 122k if they couldn't get approved for the loan to begin with how can you sell it after year 4 or maybe I'm not catching something
@mehedihassanrayhan5 жыл бұрын
yup so if they cant buy they just can continue renting till they can get loan or new buyer move in who can get loan
@talara.5932 жыл бұрын
the way u guys r holding ur phones :D'
@oceanwave26305 жыл бұрын
I HAVE A QUESTION! Your said target market seems scary. Isnt it that these people werent accepted from the bank for certain reasons. So, shouldn't that mean that they will likely have a hard time to pay the rent. Is this really a stable target market??
@dbljester4 жыл бұрын
I love it when family comes into the video. I get to see the real you if you know what I mean, lol.
@mj94965 жыл бұрын
Do you have a lot of evictions since you are marketing to bad credit buyers?
@MysticDesires6 жыл бұрын
How do you market a property that's not local? Say it's in another country, state, or far away city.
@KrisKrohn6 жыл бұрын
Great question. I have a team of people that are local do it for me. Use my team if you'd like.
@lautaro.stefano6 жыл бұрын
I still dont know how do i do to get a house to put it in rent-2-own with no money. please somebody help!!!!
@v.i.pgamers68655 жыл бұрын
Lautaro Di Stefano its a loan with the bank and when people buy your house or lease you pay off your expenses to your loans
@carlitodidthat5 жыл бұрын
same here
@danielsoto26676 жыл бұрын
HAHAHAAH THAT WAS A GOOD VIDEO!! THANKS FOR THE AWESOME INFO PURA VIDA!
@arturodegamhon24752 жыл бұрын
Mr. Krohn, is it applicable in the Philippines?
@youngking74603 жыл бұрын
Isn't it lease option tenant pay you yearly for rent to own a home How does that pay off your monthly mortgage
@nicklewis28266 жыл бұрын
The key thing here is buying the house. You make this sound easy, but not a lot of people have 170k to start a lease option lol.
@prestondoan68935 жыл бұрын
No you need 30k not 170k that’s what you owe
@sayhimali63846 жыл бұрын
what would you do if someone was only interested in renting or buying instead of renting to own?
@shinjoshin52225 жыл бұрын
Can I still get L.O.C of a house that i'm renting out for lease option?
@michaelmisilo64116 жыл бұрын
Hi kris on all the deals that you do. Do you always use compassionate financing mentioned in your book? I would assume so because of the benefits of a lot of money upfront and potentially more cash flow. Thank you.
@KrisKrohn6 жыл бұрын
For the lease option strategy, absolutely! I do them like this all day long.
@janetvasquez6106 жыл бұрын
Michael Misilo ggfhhh
@mellindathaxter4 жыл бұрын
This sounds like I need to be a licensed real estate agent
@DavidMcCoul5 жыл бұрын
If you rent-to-own to someone with bad credit, wouldn’t they be more likely to default?
@gabemorante98543 жыл бұрын
The open house part is a little shaky these days huh
@scottmurray60545 жыл бұрын
That's so funny at about 8 minutes and 40 seconds you were looking for your cap and . totally went for a fist bump
@Ben-cg8qk6 жыл бұрын
dude thank you so much!
@KrisKrohn6 жыл бұрын
You're welcome!
@swervostoneyb12515 жыл бұрын
Is it wise to invest in real estate while living in an apartment?
@NicksKicksVlogs6 жыл бұрын
Do I need a real estate license to do this? If not, do you recommend getting one?
@TheBlakeleon6 жыл бұрын
I am also wandering this
@bowtiebuilding6 жыл бұрын
I’m wondering the same
@daviddavis25706 жыл бұрын
Nicks Kicks real estate license just gives you access to mls there’s allot of benefits but you don’t need one
@Leon-kq7jh5 жыл бұрын
Nope, you dont really need one.
@_pingu002 жыл бұрын
Hilarious ending 🤣
@hanifcampbell31845 жыл бұрын
How long should it take to get someone to actually drop an option deposit?
@thedarkghost61906 жыл бұрын
So let me get this right you buy a house with mortgage and then lease it for 4 years and then the tenant buys it and then you pay off whats left of your mortgage and profit
@williamv.47115 жыл бұрын
The Dark ghost EXACTLY!!! There isn’t a shortcut and this they will not tell you straight up!
@thatguy77675 жыл бұрын
No... you go to someone that wants to sell there house. Then convince them to do a lease option so you can buy it in 4 years then you find a tenant that wants to buy a house put them in as they want to buy the house and then when the 4 years are up get them to do a contact to sell the house (the tenant and the owner) so you are only the middle man
@wadieseruge35235 жыл бұрын
how and where do you go to find the houses ?
@linojames84166 жыл бұрын
Hey Kris, how does this work for non-US citizen to start off with leasing and then purchase it. And start doing real estate investment
@semi.g6 жыл бұрын
LiNo jAMeS same thing, I think.
@paretare49464 жыл бұрын
Wow great marketing 😚😚😚😚😍😍😍😍😍❤❤❤❤❤
@grtt92934 жыл бұрын
Do you need a liscence for all of this
@jakecollier89996 жыл бұрын
What happens when someone rents to own it but opts out and you find out they didnt spend a dime on repairs because they didn't have the money. pushing the repairs to financially struggling tenants doesn't seem like a solution to repairs.
@KrisKrohn6 жыл бұрын
Then you keep the deposit, and you find someone new. The contract is a good filter. It filters in more responsible people who are able to commit more.
@LeonTiry6 жыл бұрын
@@KrisKrohn have you ever had a tenant totally destroy the home costing more than the initial deposit?
@tadasrirathung94925 жыл бұрын
But how do you write effective enforcement contract?
@CharleswoodSpudzyofficial5 жыл бұрын
IF you are doing a lease option won't that attract bad tenants? I mean why would you trust someone with bad credit to pay you consistently every month?
@anicharlouis3945 жыл бұрын
Having bad credit does not necessarily mean one is irresponsible. There are many reasons why people's credit are affected without it being directly their fault.
@MONUKUMAR-jk8xl6 жыл бұрын
They are assets. Hillarious!
@josephkong8015 жыл бұрын
Isn't the same strategy I can apply on Malaysia?
@JaysterJayster6 жыл бұрын
I'm waiting for the comments that say how this ruined their lives and that it's all a big greedy scam for you to give these guys money. Are such comments be filtered out? I hope it's because this is all genuine. Also where are the comments saying how much they are making thanks to all this. I just see a bunch of general questions and "can't wait to start!" comments, nothing else
@Goldencookie896 жыл бұрын
Lol first off this isn’t a scam. Your probably some kid who’s mad that they don’t have money. I actually sold my first house from these training videos. Did they ever say give us your money? Are they saying wire your money and we will do it for you? No they didn’t don’t be mad because maybe these videos are beyond your comprehension.
@JaysterJayster6 жыл бұрын
Young Konviction that's hilarious. I asked a question about reviews and testimonies and lack thereof and so I'm "a kid who doesn't have money." Im not rich but im making 80,000 a year at 22 years old sitting in my truck watching KZbin videos on the job, so I'm very comfortable. Granted that's pre-tax. They always mention their purchasable programs and partnering with people, hence wanting your money. So I would like a decent number of success stories and testimonies before chancing that. Most people teaching things have moved on from what they teach in order to start making money with an expensive course. That's why I'm wary, congrats on your first house, noticed you didn't give a profit number. Give a real review once you've duplicated your results or failed.
@carsfitness92666 жыл бұрын
Jake Swick try it for yourself, and if it works out then great. I wanna get started myself so I watch many people about RE investing. Also read lots of books and found a mentor - all the things that Kris has mentioned in his vids
@VirgilHawkinsIs6 жыл бұрын
This doesn’t seem like something you need testimonies on. You can research everything online these days and he isn’t the only person preaching this stuff. I’m sure there is a level of risk vs reward to anything but if you do your research about the pros and cons and what to do and not to do then you shouldn’t need testimonies (that could be bought) besides, if I got rich doing this I would NOT be back on KZbin saying, “IT REALLY WORKS!” 😂 We live in the age of google, you can literally learn if ANYTHING is viable with a couple of clicks. Information is out there. Do some research.
@moonbentley74126 жыл бұрын
Jake Swick wat do you do?
@markinlow69982 жыл бұрын
looking to buy in south carolina can you help me
@BaneOfHumanity1726 жыл бұрын
Why would you not market online?
@z3nation3646 жыл бұрын
Hey Limitless i'm a 19 year old from the Uk, I've been watching your stuff for quite a while now and although what you say sounds confusing and a little unrealistic I was wondering could I actually do it, in England?
@semi.g6 жыл бұрын
Z3 Nation for sure !
@immts64756 жыл бұрын
I'm 18, no so sure about this stuff, but I will keep it in the back of my mind. I think it's best to save right now, and when I gain more knowledge I will decide what I should do. But, I would get input from a variety of sources, not just him solely. Then wait a long time before pulling the trigger because you can get really in trouble. What if no one buys the home? How do you know it is a good location? What if the economy crashes? I am sure there are more issues that can come up. I wouldn't act so quickly, but I think there is some truth to what they say.
@isaac-jv2ns6 жыл бұрын
Can you please explain a how does it work situation in which for example I’m currently seeking to purchase a property to use as a lease option. It seems to me you’re explaining a the lease option to those who already own a property. Thanks
@brueski22492 жыл бұрын
Look into a sandwich lease
@HURPSYYEMRAY15 жыл бұрын
Tnx
@jballzz00786 жыл бұрын
I live in Salt Lake City utah and I really wanna get on this help please!
@letsfindsomepeace92076 жыл бұрын
So it they have a bad credit, how would you know if they’d even pay the rent or not? You can’t kick a person out if they’re not paying their rent. That’s a total loss.
@abramosgamingchannel37226 жыл бұрын
Abhi Johal non refundable down payment. your leasing it to them until it's paid off and they own it. so even if the run off on the lease, u still have 5 thousand dollars and a home vacant ready to make another 5k Nd rent it out
@abramosgamingchannel37226 жыл бұрын
can evict for not sticking to the lease
@Lobaczchiropractic6 жыл бұрын
looks like Kris's phone was on speaker-while Steve really got into the part...
@pedro_flowerss5 жыл бұрын
Hey , Kris are mobile homes a bad idea ?
@MyeongsooChoi6 жыл бұрын
Do this Real Estate tips only work in America?
@jeremymora85845 жыл бұрын
Done
@jvega936 жыл бұрын
They’re so coked out but I’m learning so much lol
@flala22615 жыл бұрын
Is it different in the UK?
@skeletonskull8714 ай бұрын
What is equity explain please
@snagboi4 жыл бұрын
8:43 FIST BUMP
@redemptiontai71134 жыл бұрын
@Kris do you need a permit or licence to do this?
@barlibalabaner48056 жыл бұрын
Can a 16 year old sell a house through open house selling?
@Skizzy3215 жыл бұрын
Is the lease option legal on Texas?
@jackbw78396 жыл бұрын
Any differences in the uk?
@boiboi38196 жыл бұрын
what if the person wants to just buy the house in full?