We’re going to review Kris Krohn to see if he really is the best Real Estate teacher out there.
We’ll also talk about whether real estate is the right business model for you.
His courses are one of many making money online programs that is centered around selling information that makes you money by renting out houses.
But hey, if you wanna jump into an EXPENSIVE market right before it crashes…
Don’t come crying to us when you lose THOUSANDS and your parents give you a hard time about it.
It’s supposed to show you how to become a 6-figure real estate mogul…but it’s truly out of reach for most people like you constrained by budgets and student loans.
That’s just the truth…you won’t get rich by purchasing one property that only profits a couple hundred a month with loads of liabilities and bad tenants.
Now, we don’t want to sound all “Doom and Gloom”, because…
Kris Krohn’s course does come with some very helpful information to make money through real estate and land some massive deals…
But you will get your nose bloodied.
At the end, we’ll answer some of the most frequently asked questions regarding Kris Krohn’s course and whether or not Real Estate, in general, is the right path for you.
And most importantly, we’ll show you the exact system we used to build our own internet marketing business to over $40,000 a month in mostly passive income.
This system made us swear off Real Estate for good, because it uses some of the same skills but in a much more powerful and profitable way!
But more on that later.
For now let’s hop into all things Kris Krohn!
Kris Krohn is an alumnus of Brigham Young University and a real estate investor. Recently, he’s been a business coach, speaker and team leader. He loves to show people how to make money in real estate properties with little to no money down. Getting into a home with no credit is his specialty.
He started The Strongbrook Group which is a conglomerate of organizations that help Strongbrook customer protects the investments.
The Strongbrook Team is comprised of the following:
…all under the tutelage of Kris Krohn and his team.
Krohn prides himself as someone who leads people on the path to financial freedom wealth building with real estate investment.
Kris’ teachings are straight forward and simple, so he is certainly legit.
He calls his approach, “Home Equity Loan” which is done by purchasing properties with no money down for your first home. Then, with the equity in that home as collateral, you get a bank loan to buy more houses to rent out.
Currently, Kris has many videos on YouTube and has 608,000 subscribers (and counting) to his YouTube Channel. You can find a ton of free information from his YouTube videos.
At the age of 26, he retired from his previous job and focused his energies on being an investor.
He accomplished this by purchasing a house with a fair market value of $260,000, but he purchased it only for $110,000. So, he had $150,000 in equity. Then he rented out the basement for enough to make the mortgage payment.
With the equity in that first home, he got a $20,000 home equity loan a year later and bought another home to rent out to someone for a $600/month profit.
Kris kept doing this process over and over, getting more loans with equity as collateral to buy more houses. After his 25 home, 4 years later, he retired from his job with $12,000 in monthly income.
Now that’s a crap ton of money right? It’s probably not all that realistic for an every day person like you huh?
To be completely honest though, most people would just be happy with just 10-20k per month…
And you’d probably agree with that too.
Kris Krohn formed this course for individuals who want to get into real estate. After signing up for Kris’ program, you’ll be introduced to a wide world of financial freedom that this business model provides.
We’ll dig a little deeper…
But let’s just say this, with real estate, one thing is certain, you can dramatically improve your lifestyle. There are literally millions of people that closed billions of dollars in real estate transactions all over the world using this business model.
I personally know individuals who work with real estate investors as their social media managers and charge them up to $5,000 per month. Investors don’t pay that much per month if they aren’t making much more than that from investing.
Kris Krohn began his career as an investor while in college. With the help of a mentor he picked up a few real estate properties and made a lot of money.
The next time, after purchasing more real estate investment properties, he decided that real estate investing would be his career and help others the same way his mentor helped him.
Kris wrote a book called ‘The Strait Path To Real Estate Wealth‘ in 2010. After researching a myriad of real estate investment techniques like:
He examined the good, bad, and ugly and then wrote the book against the background of everything that he had learned and experienced.
Next, in 2013, came ‘The Conscious Creator‘. You can find both books on Amazon.com.
Now, let’s go over some pros and cons of his course.
Let’s look at a few of the downsides of his real estate investing program.
Unfortunately, many average real estate investors are going under and losing everything. These are the people who owned 5-10 properties with some decent cash flow.
But the industry totally collapsed!
In this course, Kris teaches you how to purchase real estate without any money as a down payment, even if you have less than stellar credit. The core real estate content is a group of videos is his method of teaching.
This course also includes the following:
A lease option is basically a meeting of the minds between a real estate investor and a tenant. In this contract, the property owner and the tenant agree that the purchase of the property will occur sometime in the future that is outline in the contract. At that point, the tenant can exercise his or her option to purchase the property at an agreed upon price. In exchange for the option consideration (a certain amount of money), the investor takes the house off the market.
Really, this serves two purposes. For one thing, it benefits the tenant because there is a fixed price that they’ll pay once they exercise their right to purchase. In the meantime, the tenants can test out the house and neighborhood to see if they will like it there. This also benefits the property owner, because the tenants will have skin in the game to take care of the property. Lease options make vacancies much simpler to fill.
Yes. Many of his videos can be found at https://www.youtube.com/user/REInvestorTV, but you can find all the content of his videos in one place on his website at reinvestortv.com. You can subscribe to these videos that he puts out every week.
Yes. You can find Kris Krohn on YouTube, Facebook, Pinterest, Instagram, LinkedIn and others
This is a first for me, but Kris Krohn’s company (Strongbrook) is in fact set with an mlm business model. The plan set up like this: you convince your friends and family to join the program, and you make money on their monthly subscription. The more people join, the bigger you bank account gets. Basic MLM.
The mlm facet of Strongbrook is a little peculiar, but peculiar doesn’t mean illegal. After all, it’s worked well for other companies like Amway.
Kris Krohn’s Net Worth, as of 2021, іѕ еѕtіmаtеd tо bе $65 mіllіоn. Wіth hіѕ уеаrѕ оf ехреrіеnсе іn real estate investment, hе hаѕ created a mіllіоn dоllаr еmріrе. Не оwnѕ 400+ real estate properties (most with no down payment) throughout thе UЅА. Нe’s a сhаrіѕmаtіс person with an еnthuѕіаѕtіс nаturе.
This mаdе hіm а vеrу ѕuссеѕѕful mоtіvаtіоnаl ѕреаkеr аnd аttrасtеd mіllіоnѕ оf реорlе іn hіѕ real estate business ѕеmіnаrs.
But the average person like yourself probably doesn’t want to host seminars, or constantly be in the spotlight the way he is.
You’d probably just like to fly under the radar and always have more than enough money to live the life you want.
Yes you can, but that comes with a caveat. You can make a ton of money in real estate provided you are persistent and have the right guidance.
Who doesn’t want financial freedom? Many people do, but only a select amount of people actually achieve it. There are, of course, many reason this happens. For some people, it could be a matter of education and monetary resources. So other spend too much of their time wasting their time. Whatever your situation is, it certainly is possible for anyone to achieve financial freedom via real estate investing.
Where these other models fall short is in scalability. Because in order to make a good amount of money with a 1 or 2 websites, you have to reach people on a national level.
But what if you went local?
With Local Lead Generation, you will be getting service requests from multiple sites at every minute of the day from people who are willing to pay a lot of money for what you can provide them.
I was watching a YouTube video once where the host made a comment that it isn’t about making a lot of money from one website… it’s about making a little bit of money from lots of different websites.
So, think of it this way….
What if you could have streams of investment income where you operated 10 rental units that you could charge anywhere from $750-1,000 per month?
That’s $7,500-10,000 per month in passive income!
But instead of spending $Millions to build houses or apartment complexes… you spend a couple hundred dollars to build websites.
You then get those websites ranked in the search engines for specific home-based services that customers are searching for.