3 Reasons Investors Never Pay Off Real Estate

  Рет қаралды 133,476

Kris Krohn

Kris Krohn

Күн бұрын

Пікірлер: 97
@bentleydesign.studio
@bentleydesign.studio 2 жыл бұрын
Could you make a choice comparison video where one person chooses to pay off one property vs another who uses your strategy and show a side by side graph comparison showing their debt and income? I’d like to see visually how it compounds over time and how the debt you acquire on so many properties is actually worth it because of the cashflow! Then show how each investor did at the end of 10 years or something
@TimWilson1
@TimWilson1 20 күн бұрын
A lot of people were over levered in 2008 and lost everything. 2009-2012 were great place to lever up but now??? Why is Warren Buffet building such a huge pile of cash and saying he can’t find anything to buy?
@TONYGILIANA
@TONYGILIANA 2 жыл бұрын
I enjoyed this video! U got me hooked now
@clarknawrocki9718
@clarknawrocki9718 3 ай бұрын
I'm a retired landlord of 28 years and he is absolutely correct
@MikeSmith-kl7yr
@MikeSmith-kl7yr 2 жыл бұрын
Can you please go over the risk of using leverage and how to manage it?
@chaywednesday5131
@chaywednesday5131 2 жыл бұрын
Thank you Kris. I agree with what you all said. How do you manage to keep tenants to pay in a consistent basis? Do you have a property management? When do you get a property manager? How many houses can be managed at the beginning just by yourself? By the way, I am watching at 3AM
@mazibukomail
@mazibukomail Жыл бұрын
Thanks Kris, agree with you issue is that leverage really works.. until it doesn't, so one must be careful to do your homework.
@neelray9150
@neelray9150 2 жыл бұрын
Absolutely agreed 💯💯💯
@jiflooring2009
@jiflooring2009 2 жыл бұрын
I'm a contractor in Oregon and have always wanted to get into flipping or buying cheap, fixing up and turn into lease or ltr properties. I've got the skill set to renovate and inspect
@richmorin8133
@richmorin8133 Жыл бұрын
Just fyi just flip home ..you don't want to deal with non paying tenant
@Mimi-pt4fo
@Mimi-pt4fo 4 ай бұрын
Lucky you!
@valmontgroup
@valmontgroup 2 жыл бұрын
Absolutely true Kris!
@pedrorobalinho5883
@pedrorobalinho5883 5 ай бұрын
I love the ideas but there’s q lack of info there. What about all the renter’s responsibilities? Maintenance etc?? More houses more trouble too? Why that money and time is not in the equations? Thanks!
@BenitaAzaka
@BenitaAzaka Ай бұрын
In Nigeria, the mortgage thing isn't feasible. u had better own your own property than owe the bank. these things work with the system
@WB-yw4pb
@WB-yw4pb 3 ай бұрын
Another scenario: In New Orleans as well I recently bought another investment property All cash deal. With that, I beat out 3 other buyers. I did light renovations and have two tenants in, self insured and the net income is almost twice the number than if I left that money in the bank in our money market collecting interest under the current rate.
@princessvann2231
@princessvann2231 10 ай бұрын
Interested!
@ramanjaneyareddy9026
@ramanjaneyareddy9026 Жыл бұрын
Thanks a ton!!!! you are saving my life
@victoriakennedy4811
@victoriakennedy4811 7 ай бұрын
what about when they put up the interest rates again and again then what do you do sell sell sell?
@aiko3423
@aiko3423 2 жыл бұрын
so what you're saying is...i shouldn't pay off my student loans and instead try to buy investment property?
@FinancialFreedomMadeSimple
@FinancialFreedomMadeSimple 2 жыл бұрын
I enjoyed watching this vid, great work!
@predator1820
@predator1820 2 жыл бұрын
Hey Kris how long should my mortgage be if we have only 20years of depriciation whriteoff.
@WB-yw4pb
@WB-yw4pb 3 ай бұрын
homeowners insurance has gone through the roof and in certain states like Louisiana for instance it might make sense to pay off the remaining balance and self insure at a lower rate. Example: I have an investment property with two tenants in New Orleans. I locked into a mortgage rate of 3.5% 7 years ago. My insurance has quadrupled since then so my ROI has been scaled down to around 5.5%. If I pay off the remaining balance when interest rates go down and self insure I will be up at almost 11.5 ROI. At that point that cash I used to to pay the mortgage down would not even be close to 5% in a basic money market account.
@erinsteward6594
@erinsteward6594 2 жыл бұрын
SO nicely explained…..fabulous!
@aaronpi4493
@aaronpi4493 Ай бұрын
What about depreciation recapture?
@gannayyabommali5320
@gannayyabommali5320 2 жыл бұрын
Very helpful. I thought to pay off and searching some options. Krish clarified better.
@Engie650
@Engie650 2 жыл бұрын
Hey Kris, do you offer partnership to people outside of the USA 🇺🇸?
@lilianbryce6354
@lilianbryce6354 2 жыл бұрын
I don’t think that will be a problem because I am a real estate agent too and I do partner with people outside the state
@ruffbuffwest7169
@ruffbuffwest7169 2 жыл бұрын
Hey Kris can you upload a video on how you become a successful investor in real estate without a real estate license. You probably already have a video out there I just haven't checked yet.
@WB-yw4pb
@WB-yw4pb 3 ай бұрын
as far as 4 homes at 100k each...those would be sht properties and resale value would most likely not net a significant profit
@dimaosman6363
@dimaosman6363 2 жыл бұрын
you should make a school teaching about real estate
@vidagutierrez1009
@vidagutierrez1009 2 жыл бұрын
Kris I love that idea , let’s do it
@joselara6989
@joselara6989 2 жыл бұрын
The only thing that gets me is when you are trying to get another loan they look at your DTIR!!!!?
@Slabagool
@Slabagool 2 жыл бұрын
This is great because it can be applied any investment and the points are clear
@GIMRvids
@GIMRvids 2 жыл бұрын
great video kris
@IamMattBeard
@IamMattBeard 2 жыл бұрын
💯 Great vid! high-level!!!!! cashflow is absolutely gold
@loiju6710
@loiju6710 2 жыл бұрын
That shirt with the benjamins...😂
@pantherman8719
@pantherman8719 2 жыл бұрын
He's counting stacks online....
@SSModi852
@SSModi852 Жыл бұрын
Choice is live average life vs super risky life. High risk strategy high returns. But if risk turns against you, you live homeless or pull the trigger to your head. And by the way wealth doesn't mean happiness.
@JayLovez28
@JayLovez28 Жыл бұрын
Awesome 🎉🎉🎉
@joycebarnett6035
@joycebarnett6035 2 жыл бұрын
You do not make a profit putting 20 percent down with the sky high prices please show us some real estate purchases where you can buy a house nowadays with 20 percent down and rent it making a profit maybe 10 years ago this would have worked
@yuriyalex5641
@yuriyalex5641 10 ай бұрын
The cynic calls.... You never make it!
@bentleydesign.studio
@bentleydesign.studio 2 жыл бұрын
Kris, you should make a real estate investing board-game that teaches and explains all of the concepts you teach and how to calculate it so people can see how it all plays out!
@daichiDom
@daichiDom 2 жыл бұрын
This is Genius
@JayLupe
@JayLupe 2 жыл бұрын
Its called Monopoly
@chrisogden8647
@chrisogden8647 2 жыл бұрын
@@JayLupe 🤣🤣👏👏
@hp7639
@hp7639 2 жыл бұрын
Dana White agrees
@jercasgav
@jercasgav Жыл бұрын
Yeah Robert Kiyoasaki already made this game it is called "Cashflow" if I recall...and Monopoly is the vintage version of this roughly speaking.
@scottdavid6589
@scottdavid6589 2 жыл бұрын
< I totally agree with what you're saying.... The fact is, BTC is the future of crypto and the questions teasers ask themselves now if this is the right time to invest? Before jumping into conclusion I think you should take a look at things first. For the past few days the price of BTC has been fluctuating which means the market is currently unstable and you can't tell if it's going bearish or bullish. While Others continue to trade without the fear of making lose, others are being patient. It all depends on the pattern with which you trade and also source of your signals. I would say trading has been going smoothly for me. I started with 2.5 BTC and I have accumulated over 11.6 BTC in just Three weeks, with the trading strategy given to me by expert trader Mrs Charlotte Junko Walsh
@scottdavid6589
@scottdavid6589 2 жыл бұрын
🙂†𝟷𝟸𝟻𝟹𝟿𝟾𝟽𝟼𝟺𝟻𝟺▆ ▇ ▆ ▇ █
@mike6348
@mike6348 2 жыл бұрын
Trading as a newbie is quite stressful and discouraging but after linking up with Expert Charlotte Junko Walsh my financial situation changed
@alexandermaxwell3840
@alexandermaxwell3840 2 жыл бұрын
I got a chance to benefit from his services a few months ago and it has been a very smooth experience...
@shaunjessen8131
@shaunjessen8131 2 жыл бұрын
@@scottdavid6589 No one, No One, can argue Mrs Charlotte Junko Walsh at least currently, the best out there, even when Bitcoin is looking bearish with the market sentiment swinging low. But they kept us grounded with their real analysis, just the facts in the charts
@markguyder6122
@markguyder6122 2 жыл бұрын
Mrs Charlotte Junko Walsh daily signals is top-rated and one of the best you could get when it comes to trading crypto.. Bitcoin to the moon
@zaing6098
@zaing6098 Жыл бұрын
Where did you get that shirt
@lilianbryce6354
@lilianbryce6354 2 жыл бұрын
Kris is indeed a king investor.
@hortonsstuff6948
@hortonsstuff6948 Жыл бұрын
Debt is your friend
@neno56527
@neno56527 2 жыл бұрын
0:27 where can i buy that T shirt ?
@laurice8056
@laurice8056 6 ай бұрын
This sounds like a risky idea for your primary residence. Especially for seniors or other people who have no other assets, no savings and are living on a fixed income. It seems safer to play this Monopoly game with your other investment property. But not your primary residence.
@AW-xv7dq
@AW-xv7dq Жыл бұрын
Is there a 1031 equivalent in canada?
@johnntzouropanos2831
@johnntzouropanos2831 6 ай бұрын
But let's say everything goes wrong what are you going to do with all this debt ? This is what scares me
@dominick4709
@dominick4709 2 жыл бұрын
How do I get 2nd home? Equity?
@sara69xd
@sara69xd Жыл бұрын
Yes debt against equity/noi
@anniejulie3140
@anniejulie3140 2 жыл бұрын
I'm new to cryptocurrency and I don't have a knowledge on how to trade on Cryptocurrency. Where can I find a legit broker? that will manage my account and also teach me how to trade.........
@fredroy4582
@fredroy4582 2 жыл бұрын
Check up Sophia Micheal. She's really one of the best and legit traders available right now.
@royjohn2221
@royjohn2221 2 жыл бұрын
I started my investment with Sophia Micheal few week ago with $2000, now I get a minimum of $6000 weekly. Most of my friends trade with her.
@anniejulie3140
@anniejulie3140 2 жыл бұрын
@@fredroy4582 Please how do I contact this Mrs Sophia Micheal, I will like to invest with her also*
@Vfuse1
@Vfuse1 2 жыл бұрын
I got a question, you can do all this without a real estate license?
@lilianbryce6354
@lilianbryce6354 2 жыл бұрын
Yes you can
@jayanthsrinivas4424
@jayanthsrinivas4424 2 жыл бұрын
Can we use leverage in the name of multiple primary residences? So that we can have 3-5 percent downpayment instead of 20 percent? Basically, can we have multiple primary residence on paper?
@mulliganstew72
@mulliganstew72 2 жыл бұрын
Somebody please answer this question.
@chrisogden8647
@chrisogden8647 2 жыл бұрын
Great question
@christianleonardo7058
@christianleonardo7058 Жыл бұрын
You could buy a primary residence every year with 3.5 % down
@shanebuenaventura1593
@shanebuenaventura1593 2 жыл бұрын
Mr Robert Bruce Arthur is the best, recommending him to all beginners who wants to recover losses like I did
@joshuamendez4189
@joshuamendez4189 2 жыл бұрын
This video is great man thank you!
@steven5221
@steven5221 2 жыл бұрын
Smart
@ThaoNguyen-pn1nx
@ThaoNguyen-pn1nx 2 жыл бұрын
Yeasss truly believe in what he said
@CanadaKethes
@CanadaKethes 2 жыл бұрын
Great
@anntiup
@anntiup 11 ай бұрын
HUUUUM, 👍 👍 🏆
@polo9559
@polo9559 11 ай бұрын
Kris I want that shirt
@larenzgarrett4936
@larenzgarrett4936 Жыл бұрын
I suppose interest means nothing to this guy.
@willytorrez990
@willytorrez990 2 жыл бұрын
Help me. Please
@78hopper
@78hopper 2 жыл бұрын
What happens when the real estate market crashes and your portfolio loses 50% of it’s value overnight?
@princephillipsashes6443
@princephillipsashes6443 2 жыл бұрын
Insurance
@michael.saint-cyr
@michael.saint-cyr 2 жыл бұрын
If your portfolio has tenants, they still pay your mortgages and you still continue to get cashflow!
@mulliganstew72
@mulliganstew72 2 жыл бұрын
You wait it out.
@compramostucasitallc
@compramostucasitallc 2 жыл бұрын
Only affects you if you sell, just keep renting it and keep paying the mortgage
@frankwoods135
@frankwoods135 Жыл бұрын
That shirt looks like you got it at Gen x man need to work on your style a little bit man
@seanhawley9855
@seanhawley9855 2 жыл бұрын
This season has been really great 😇 I was able to build a big income stream investing with Mrs Fiona Cosmann, . You’ve changed my whole life, Thanks so much
@nathanielconnor9048
@nathanielconnor9048 2 жыл бұрын
Wow, amazing to see others who trade with Mrs Fiona Cosmann, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
@benandersonn12
@benandersonn12 2 жыл бұрын
I invest with Mrs Fiona too, she charges a 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profits
@victoriarodriquez5276
@victoriarodriquez5276 2 жыл бұрын
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
@seanhawley9855
@seanhawley9855 2 жыл бұрын
@Mary Jane You can communicate with her on telegam with the user name below
@seanhawley9855
@seanhawley9855 2 жыл бұрын
investwithcosmann💯
@grantgrant7838
@grantgrant7838 2 жыл бұрын
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