3 Reasons Investors Never Pay Off Real Estate
Вставка
- Опубліковано 9 тра 2024
- Everyone says you should pay off your debt as soon as possible but is it the best thing that you could do? I'll show you what you can invest in and start making you financially free!
🤝 Got Money or Retirement Savings? Partner with Kris on Deals:
www.kriskrohn.com/partnering
Watch and Enjoy!
Kris Krohn
PS: Save Kris’ phone and text him anytime you have questions: +1 (385) 217-3477
✅ SUBSCRIBE SUBSCRIBE SUBSCRIBE ✅
ua-cam.com/users/REInvest...
🔥TAKE THE NEXT STEP WITH KRIS’ AND HIS TEAM 🔥
=====================
10x Your Business | Business Consultation from Kris
www.kriskrohn.com/equityconsult
Get Kris’ NEW BOOK "HAVE IT ALL"
www.kriskrohn.com/freehaveita...
💰 Get Kris’ FREE REAL ESTATE BOOK on Back-Yard Investing 💰
www.kriskrohn.com/youtubefree...
🤝 Got Money or Retirement Savings? Partner with Kris on Deals:
www.kriskrohn.com/partnering
Get Kris’ New Book: Kris Consortium - How to Earn 25% ROI on Every Deal
www.kriskrohn.com/freetrackre...
If you can make it in sales, the funds can be used in unexpected ways. Come join my Six Figure Team - www.kriskrohn.com/jobs
🎤 Attend one of Kris’ life-changing events
www.kriskrohn.com/events
Get Access to a Super Simple Side Hustle:
www.kriskrohn.com/7figurehust...
Partner on No-Money Deals as one of Kris’ Mavericks
www.kriskrohn.com/maverick
🤝Get a FREE custom Real Estate Game Plan from Kris’ Team
kriskrohn.com/invest-now
PropStream Software Free Trial:
www.kriskrohn.com/housefinder
Access Kris’ Real Estate Hotline to get hands-on live coaching
www.kriskrohn.com/real-estate-...
Learn Kris’ Lease Option System--FREE Game Plan Consultation
www.limitlessmentor.com/TV
Reach Every Goal-Get Kris’ FREE Limitless Book
www.kriskrohn.com/limitlessfr...
Want to know how Kris’ Finds his Top Deals?
trial.propstreampro.com/limitl...
Best Way to Save Protect Your Money for More Real Estate Deals
Get Our FREE FINANCIAL CALCULATOR to find out When You’ll Retire
www.kriskrohn.com/freedom-cal...
Secure $50K - $250K in business credit for your next deal!
www.fundandgrow.com/krohnfunding
See Everything Kris is up to:
KrisKrohn.com
📹 BE ON A KRIS KROHN UA-cam EPISODE
================
Record your questions on video, and join me in a future episode:
bit.ly/2yO78c7
📞 QUESTIONS ABOUT PRODUCTS, CONTACT SUPPORT
support@limitlessmentor.com
📲 CONNECT WITH KRIS:
=================
Podcast www.kriskrohnshow.com
Instagram / kriskrohn
Facebook / mentorwithkris
Twitter / kriskrohnmentor
LinkedIn / mentorwithkris
UA-cam Channel / reinvestortv
TikTok vm.tiktok.com/HQYU1v/
Blog blog.kriskrohn.com
Audible rdrurl.com/kriskrohnaudible
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 - Навчання та стиль
I enjoyed this video! U got me hooked now
Absolutely true Kris!
I enjoyed watching this vid, great work!
Absolutely agreed 💯💯💯
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
SO nicely explained…..fabulous!
Thanks Kris, agree with you issue is that leverage really works.. until it doesn't, so one must be careful to do your homework.
Thanks a ton!!!! you are saving my life
Very helpful. I thought to pay off and searching some options. Krish clarified better.
great video kris
Can you please go over the risk of using leverage and how to manage it?
Awesome 🎉🎉🎉
Interested!
💯 Great vid! high-level!!!!! cashflow is absolutely gold
This is great because it can be applied any investment and the points are clear
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
Kris I love that idea , let’s do it
This video is great man thank you!
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
Just fyi just flip home ..you don't want to deal with non paying tenant
you should make a school teaching about real estate
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.
That shirt with the benjamins...😂
He's counting stacks online....
The only thing that gets me is when you are trying to get another loan they look at your DTIR!!!!?
Kris is indeed a king investor.
what about when they put up the interest rates again and again then what do you do sell sell sell?
Smart
Yeasss truly believe in what he said
Hey Kris how long should my mortgage be if we have only 20years of depriciation whriteoff.
Kris I want that shirt
0:27 where can i buy that T shirt ?
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!
This is Genius
Its called Monopoly
@@JayLupe 🤣🤣👏👏
Dana White agrees
Yeah Robert Kiyoasaki already made this game it is called "Cashflow" if I recall...and Monopoly is the vintage version of this roughly speaking.
Where did you get that shirt
Great
so what you're saying is...i shouldn't pay off my student loans and instead try to buy investment property?
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.
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.
Is there a 1031 equivalent in canada?
Debt is your friend
Hey Kris, do you offer partnership to people outside of the USA 🇺🇸?
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
Primary residence is not net worth
But let's say everything goes wrong what are you going to do with all this debt ? This is what scares me
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
The cynic calls....
You never make it!
Yeah, stay poor
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?
Somebody please answer this question.
Great question
You could buy a primary residence every year with 3.5 % down
I got a question, you can do all this without a real estate license?
Yes you can
How do I get 2nd home? Equity?
Yes debt against equity/noi
< 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
🙂†𝟷𝟸𝟻𝟹𝟿𝟾𝟽𝟼𝟺𝟻𝟺▆ ▇ ▆ ▇ █
Trading as a newbie is quite stressful and discouraging but after linking up with Expert Charlotte Junko Walsh my financial situation changed
I got a chance to benefit from his services a few months ago and it has been a very smooth experience...
@@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
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
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.........
Check up Sophia Micheal. She's really one of the best and legit traders available right now.
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.
@@fredroy4582 Please how do I contact this Mrs Sophia Micheal, I will like to invest with her also*
Mr Robert Bruce Arthur is the best, recommending him to all beginners who wants to recover losses like I did
Help me. Please
HUUUUM, 👍 👍 🏆
That shirt looks like you got it at Gen x man need to work on your style a little bit man
What happens when the real estate market crashes and your portfolio loses 50% of it’s value overnight?
Insurance
If your portfolio has tenants, they still pay your mortgages and you still continue to get cashflow!
You wait it out.
Only affects you if you sell, just keep renting it and keep paying the mortgage
I suppose interest means nothing to this guy.
First
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
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.
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
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
@Mary Jane You can communicate with her on telegam with the user name below
investwithcosmann💯