How Much Do I Need to Get Started in Real Estate?

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Kris Krohn

Kris Krohn

Күн бұрын

A home can cost hundreds of thousands of dollars and when I first got into the game of real estate, I had no idea how I could afford to buy a house. Learn how to play the game so no matter how much you have, you can start investing in real estate now.
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00:00 Introduction
0:32 Am I Too Poor to Invest In Real Estate?
2:01 How Long Does It Take to Buy a Home?
5:11 How Much Money Do I Need To Put Down?
8:28 4 Ways to Fund a Deal
13:38 The Different Types of Loans
Watch and Enjoy!
Kris Krohn
PS: Save Kris’ phone and text him anytime you have questions: +1 (385) 217-3477
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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. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. 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.
The above summary disclosure is provided as an overview, and is not intended to be comprehensive. Additional details are reflected below. See full disclosures here: www.kriskrohn.com/epicdisclosure
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
#RealEstateInvesting
#MoneyMindset

Пікірлер: 114
@Illsverront
@Illsverront 3 жыл бұрын
I learn so much from Kris everyday. Thankful that I found thus channel.
@coinchecktv.9784
@coinchecktv.9784 3 жыл бұрын
W, h, at,,s,’a’,p F,or ex’pert + .: 1’9’1,,.’.6’3,,’4,’.3,’,8’,8’9,,’6
@lemonadesmusic24
@lemonadesmusic24 2 жыл бұрын
Me too
@dleal7
@dleal7 3 жыл бұрын
This channel is amazing. Thank you!
@ionscintean1390
@ionscintean1390 3 жыл бұрын
Thank you Kris for your advices and opinions, you help and motivate me.
@kriskrohn143
@kriskrohn143 3 жыл бұрын
+=1=9=0=8=7=9=3=8=9=0=5 ~•W~•H~•A~•S~•A~•P For advanced details
@MsSBoatwright
@MsSBoatwright 3 жыл бұрын
And not just having the down payment but also needing to have a job to be able to make those payments.
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@jenniferinfinitely9136
@jenniferinfinitely9136 2 жыл бұрын
Thank you kris love these videos!
@secondyou3970
@secondyou3970 3 жыл бұрын
Very informative video!
@etiennengenza7677
@etiennengenza7677 3 жыл бұрын
Very informative ✔️ Thanks Kris...
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@itswillielugo999
@itswillielugo999 2 жыл бұрын
I learned so much in 13mins here than I do in Dave Ramasy podcast Fr Fr.
@irinaelis8479
@irinaelis8479 2 жыл бұрын
Thank you Kris
@eutiquianoJrUmbao-pj2ge
@eutiquianoJrUmbao-pj2ge 2 жыл бұрын
Your the man!
@I_Tomato_Corn
@I_Tomato_Corn 10 ай бұрын
I’m 16 and just learning as much as I can
@MichelleKohlerArt
@MichelleKohlerArt Жыл бұрын
Haha! Opening line cracked me up!
@mayordmxtv4726
@mayordmxtv4726 2 жыл бұрын
That's why i love the millionaire fastlane.
@miguelsuarez8797
@miguelsuarez8797 2 жыл бұрын
How do you determine a potential value of sfh?
@neno56527
@neno56527 Жыл бұрын
Do you tend to buy homes where 10% of its value is = or lower than the average yearly US sallary so that you can find renters faster?
@claytonrivait7752
@claytonrivait7752 3 жыл бұрын
can I refinance my current house to pay down payment on new house to live in. than rent out the refinanced house. or sell house to buy new one. cause my wife and I really want a new house but don't want to wait to save up for down payment. what's the best thing to do ? thanks !!!
@jeffdorris5321
@jeffdorris5321 3 жыл бұрын
Nice work 🎇🎆✨
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@Malii_G
@Malii_G 3 жыл бұрын
Great video
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@brendonfleetwood6069
@brendonfleetwood6069 Жыл бұрын
Great video Kris. It would be awesome if you could do a video on property laws in various countries around the world. I'm out here in South Africa
@g.1667
@g.1667 Жыл бұрын
Get out
@alicoralic4194
@alicoralic4194 9 ай бұрын
@@g.1667 don’t be a douche guy
@Oinnk
@Oinnk Жыл бұрын
Thankyou!
@ttadone3997
@ttadone3997 3 жыл бұрын
Investing real estate can much profitable than anyone could think of
@jasonrocksvegas
@jasonrocksvegas 2 жыл бұрын
Where and what you buy with $50k or $60k. If that equity raises your mortgage by $565 a month
@baraktv9127
@baraktv9127 Жыл бұрын
Listening 🎧🎧
@lukasnilsson3015
@lukasnilsson3015 2 жыл бұрын
In Sweden I have to invest 15% of the home in order to be able to loan the rest
@FinancialGainTV
@FinancialGainTV 3 жыл бұрын
great vid again Kris!!
@kriskrohn143
@kriskrohn143 3 жыл бұрын
For more info
@kriskrohn143
@kriskrohn143 3 жыл бұрын
W/h/a/t/S/a/p •+1•9•0•8•7•9•3•8•9•0•5
@cchuku1264
@cchuku1264 3 жыл бұрын
Yea uncle Kris😂💪🏾
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@talentekhuzwayo2705
@talentekhuzwayo2705 3 жыл бұрын
Wish you'd come to South Africa since u love traveling
@coinchecktv.9784
@coinchecktv.9784 3 жыл бұрын
W•H•A•T•S•A•P•P +•1•8•7•2•2•5•6•3•8•5•1.- I•N•V•E•S•T•
@Illsverront
@Illsverront 3 жыл бұрын
Bro, I really want to make this work. From SA too.
@noahsternisko113
@noahsternisko113 3 жыл бұрын
Hey kris, is there are legal minimum age Limit for applying as an no asset partner? Thanks in advance.
@OGKanyeWest
@OGKanyeWest 2 жыл бұрын
hi Kris, I’m a young teen aspiring to get into the business world and was just curious how much you can potentially earn by renting properties. Do you mind sharing because i tried searching but the figures i find are drastically different. Thanks
@soupipies1
@soupipies1 Жыл бұрын
Depends on how much homes you own and their quality, but if you do it right...allot
@jakeandsarahhealthnuts3299
@jakeandsarahhealthnuts3299 2 ай бұрын
Like he said depends on how many homes you have. If you own 1,000 homes with a positive cash flow of $500 a month that would be 500,000 a month.
@mujjuman
@mujjuman 2 жыл бұрын
i dont have any of these available so im trying to save up as much as i can but im drowning because of inflation and higher costs of literalyl everything eating into my savings
@canadakethes678
@canadakethes678 2 жыл бұрын
Great
@rogeliogutierrez1117
@rogeliogutierrez1117 Жыл бұрын
How’s ur advise doing now ?
@senneverreyt3138
@senneverreyt3138 3 жыл бұрын
Kris, could you apply your strategies in Belguim? I'm really interested in getting into real estate but with our laws I think it's way more difficult than in the US
@talentekhuzwayo2705
@talentekhuzwayo2705 3 жыл бұрын
I'm 16 and I'm deep in trying to find out bout this business
@talentekhuzwayo2705
@talentekhuzwayo2705 3 жыл бұрын
@@kriskrohn143 why u scammers do this?
@talentekhuzwayo2705
@talentekhuzwayo2705 3 жыл бұрын
@Gustavo Montiel sure thing
@nyabanks4139
@nyabanks4139 3 жыл бұрын
Same bro same. Well I guess I’m 17 now but yeah.
@tahaali6001
@tahaali6001 2 жыл бұрын
@@talentekhuzwayo2705 how is he scamming?
@talentekhuzwayo2705
@talentekhuzwayo2705 2 жыл бұрын
@@tahaali6001 that wasn't the real Kris krohn
@bluexiong3492
@bluexiong3492 3 жыл бұрын
It's not possible to find home for 160 to 180k right this minute. Homes where most small cities are and next to major cities are rising. 2bd 1ba Homes are sky rocketing like crazy. Its best to stay put until the bubble burst.
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@aaronbrown2501
@aaronbrown2501 3 жыл бұрын
Yeah thats if you qualify with your credit
@moshe2495
@moshe2495 Жыл бұрын
"Uncle Kris"😂
@Eric_DiRisio
@Eric_DiRisio 3 жыл бұрын
do a video on lakefront vacation rentals..I'd like to know your opinion because a friend of mine is booming in it right now
@yoboikent
@yoboikent 3 жыл бұрын
FIRST! Go Kris
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@calebtrades1761
@calebtrades1761 Жыл бұрын
The Dave Ramsey 🤣
@lau-Red_X9
@lau-Red_X9 3 жыл бұрын
Tanks man, RESPECT 👏♥️
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@paulp6138
@paulp6138 3 жыл бұрын
👁👃🏼👁 me looking at all the scammers in the comment section💀☠️
@lynndowless5152
@lynndowless5152 Жыл бұрын
Look at some of these side hustle videos. The down payment could come from this.
@kacperwilk4747
@kacperwilk4747 3 жыл бұрын
Kris is amazing
@kacperwilk4747
@kacperwilk4747 3 жыл бұрын
@Kris krohn see you soon on a 90 days training i will be with my wife
@johnnywalker4897
@johnnywalker4897 2 жыл бұрын
It didn't make sense when you said saving 300 a month, no mortgage is 300 a month
@dianereinhart9712
@dianereinhart9712 2 жыл бұрын
banks Dont Loan $$...We are the Creditors(Lendors) Kris. Yur birth certificate is a Bond and Yes we All are traded on the US Stock Exchange ..
@itz.ari1428
@itz.ari1428 2 жыл бұрын
I really just want you to hold my hand and talk me through this. And get me where I wnat. I need so much help
@suplovejungkatuwal3216
@suplovejungkatuwal3216 3 жыл бұрын
OPM = One Punch Man😂
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@S197_Team
@S197_Team 3 жыл бұрын
Well said my friend
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@disruptivemarketingheadquarter
@disruptivemarketingheadquarter 10 ай бұрын
👍👍
@nahomhadush228
@nahomhadush228 3 жыл бұрын
8th
@coinchecktv.9784
@coinchecktv.9784 3 жыл бұрын
W•H•A•T•S•A•P•P +•1•8•7•2•2•5•6•3•8•5•1.- I•N•V•E•S•T•
@Todd_Walker
@Todd_Walker 3 жыл бұрын
If you have to explain to someone how to calculate down-payment percentages, they probably aren't going to do well in any aspect of life.
@ruanrossouw3624
@ruanrossouw3624 3 жыл бұрын
Where do i find a mentor South Africa
@kriskrohn143
@kriskrohn143 3 жыл бұрын
W/h/a/t/S/a/p •+1•9•0•8•7•9•3•8•9•0•5
@kriskrohn143
@kriskrohn143 3 жыл бұрын
19087938905
@gokhankececi7345
@gokhankececi7345 Жыл бұрын
bu adamla yatırım yapan biri var mı?
@hahahaha12335
@hahahaha12335 3 жыл бұрын
Kris is the best mentor in the world❤️❤️
@beptex2858
@beptex2858 3 жыл бұрын
Do you really need an LLC for real estate Investing?
@beptex2858
@beptex2858 3 жыл бұрын
Do we need one for every property?
@paynehurst8680
@paynehurst8680 3 жыл бұрын
@@beptex2858 no he says to group around 5 houses into one LLC
@beptex2858
@beptex2858 3 жыл бұрын
@@paynehurst8680 LLC is very expensive ☹️
@paynehurst8680
@paynehurst8680 3 жыл бұрын
@@beptex2858 that’s why you put more than one house in an LLC
@beptex2858
@beptex2858 3 жыл бұрын
@@paynehurst8680 I’m new at real estate investing but what can LLC protect you from when investing in real estate? I’m kind of confused. Why not just normal insurance
@brenzy68
@brenzy68 Жыл бұрын
😂
@hunnterful1
@hunnterful1 3 жыл бұрын
Haha theres more demand for real estate buyers theres a lot of bank owned homes.
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@tamilynn5377
@tamilynn5377 3 жыл бұрын
🤣
@kriskrohn3581
@kriskrohn3581 3 жыл бұрын
Any difficulty? + = 1 = 5 = 7 = 1 = 2 = 1 = 0 = 1 = 4 = 2 = 7 H = I = t = m = e = u = p..
@canadakethes678
@canadakethes678 2 жыл бұрын
Great
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