Real estate is often viewed as a fantastic method to diversify your portfolio. With a low correlation to the stock market, real estate might theoretically continue to provide good returns even if the stock market falls.
However, investing in real estate is sometimes a lot of labor. Unlike stock purchases which are nearly instantaneous, acquiring an investment property might take months. And after you’ve purchased the land, the real job starts! Finding a renter, collecting late payments, and handling maintenance are just a few of the challenges investors face.
This Knox Financial Review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table of Contents
Pros: What I Liked
- You can build wealth passively
- Knox manages major renting responsibilities
- Easier real estate investing
Cons: What I Didn't Like
- You need to commit for one year
- Quarterly payouts
- You need substantial funds to get started
There might be a simpler method. Or perhaps you already own a property. Maybe you’re buying a new property or downsizing to a smaller one. Or maybe you are a landlord asking for assistance.
Knox Financial may be able to assist you in any circumstance. In this Knox Financial review, we go deep into the company’s efforts to transform the way investors think about real estate.
Knox Financial is a real estate investing program.
Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:
- Long-term buy-and-hold
Regardless of which path you go down, there is a lot of potential with real estate investing.
After all, it’s the world’s oldest wealth-builder.
However, before you leave this Knox Financial review and go sign up, you might want to ask yourself:
“Is now the right time for me to get into real estate investing?”
Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.
So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.
But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.
A good way to get yourself there is with Digital Real Estate.
Digital Real Estate takes all the best parts of real estate investing, while eliminating most of the headaches:
- Low cashflow
- Interest payments
- High overhead
- Expensive repairs and maintenance
- Problematic tenants
And the best part?
Digital Real Estate allows you to build a passive income stream that’s actually passive!
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.
However, if you’d still like to know more about Knox Financial, keep reading.
What Is Knox Financial?
Knox Financial is a property management company established in Boston that offers a unique combination of banking, financing, tenant screening, insurance, and leasing services under one roof.
So, if you want to create passive income from your smart financial asset, aka property, but don’t want to deal with the hard labor or heavy lifting, Knox Financial can help.
Knox assists you in optimizing your rental revenues by assessing the market using data models to help you price your home and get the most out of your investment.
Aside from the technological aspects, Knox is led by a team of real estate professionals who understand the intricacies of property management and a vast network of trusted service partners.
We’ll go into more depth later, but Knox Financial’s business strategy is the driving factor behind why the company goes above & beyond to guarantee your property is handled with care.
Who’s Behind Knox Financial?
Knox Financial was launched in March 2019 by David Friedman and Spencer Taylor.
Friedman attempted to find a manager for his property before beginning the company, but the procedure was too cumbersome, so he gave up and sold his house.
After a year, the property he sold had increased in value by $100,000.
After passing up this investment opportunity, Friedman joined forces with Taylor to provide other would-be income property owners with the option that Friedman never had.
Knox Financial was developed from the bottom up to assist people in keeping and managing properties via the Frictionless Ownership Platform.
What Is Frictionless Ownership?
Knox Financial’s catch-all word for its management method delivers a seamless and efficient solution for property owners is Frictionless Ownership.
The service aims to optimize the performance of your income property while requiring the least amount of work from you. Knox even gets professional real estate photographers to showcase investment properties.
That being said, if you wish to play an active role in managing your property, you are welcome to participate in the decision-making process as the property owner.
Knox platform is definitely better than traditional property managers in managing your property portfolio. Knox assesses your property for the potential down payment and rental income. Rent collection is seamless too, and will be deposited directly to your bank account.
How Much Does Knox Cost?
Knox charges 10% of the rent collected, which is comparable to typical property managers while providing significantly more value.
Maintenance expenditures and standard homeownership prices, such as mortgage, electricity, and so forth, incur additional charges.
Knox is motivated to provide you with the highest potential cash flow year after year since the company earns more when you make more.
Pay Knox Only When Your Property Is Rented
You never pay a fixed percentage until the property is leased.
This is a refreshing change of pace since some property managers levy additional fees that bind you even if your rental is not making money.
Knox Cancellation Policy
Knox demands a one-year commitment for enrollment.
You may withdraw from the platform with six months’ notice before the lease expires.
If you sell during your enrollment time but do not cancel the service, the agreement may be carried over to the new homeowners.
Is Knox Financial A Scam?
So, is Knox Financial a scam? Not technically. You can make money with this program, but it’s definitely not as easy as David Friedman and Spencer Taylor make it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are The Alternatives To Knox Financial?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is My Top Recommendation In Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.
With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Knox Financial which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.