3 Reasons Investors Never Pay Off Real Estate

Тәжірибелік нұсқаулар және стиль

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!
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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.
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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.
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Пікірлер: 91

  • @bentleydesign.studio
    @bentleydesign.studio2 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

  • @TONYGILIANA
    @TONYGILIANA2 жыл бұрын

    I enjoyed this video! U got me hooked now

  • @FinancialFreedomMadeSimple
    @FinancialFreedomMadeSimple2 жыл бұрын

    I enjoyed watching this vid, great work!

  • @erinsteward6594
    @erinsteward65942 жыл бұрын

    SO nicely explained…..fabulous!

  • @valmontgroup
    @valmontgroup2 жыл бұрын

    Absolutely true Kris!

  • @neelray9150
    @neelray91502 жыл бұрын

    Absolutely agreed 💯💯💯

  • @GIMRvids
    @GIMRvids2 жыл бұрын

    great video kris

  • @gannayyabommali5320
    @gannayyabommali53202 жыл бұрын

    Very helpful. I thought to pay off and searching some options. Krish clarified better.

  • @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.

  • @ramanjaneyareddy9026
    @ramanjaneyareddy90268 ай бұрын

    Thanks a ton!!!! you are saving my life

  • @princessvann2231
    @princessvann22314 ай бұрын

    Interested!

  • @1jtheskoolkid
    @1jtheskoolkid Жыл бұрын

    Awesome 🎉🎉🎉

  • @jiflooring2009
    @jiflooring20092 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

  • @MikeSmith-kl7yr
    @MikeSmith-kl7yr2 жыл бұрын

    Can you please go over the risk of using leverage and how to manage it?

  • @IamMattBeard
    @IamMattBeard2 жыл бұрын

    💯 Great vid! high-level!!!!! cashflow is absolutely gold

  • @Slabagool
    @Slabagool2 жыл бұрын

    This is great because it can be applied any investment and the points are clear

  • @chaywednesday5131
    @chaywednesday51312 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

  • @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.

  • @joshuamendez4189
    @joshuamendez41892 жыл бұрын

    This video is great man thank you!

  • @pedrorobalinho5883
    @pedrorobalinho588317 күн 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!

  • @predator1820
    @predator18202 жыл бұрын

    Hey Kris how long should my mortgage be if we have only 20years of depriciation whriteoff.

  • @ruffbuffwest7169
    @ruffbuffwest71692 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.

  • @vidagutierrez1009
    @vidagutierrez10092 жыл бұрын

    Kris I love that idea , let’s do it

  • @joselara6989
    @joselara69892 жыл бұрын

    The only thing that gets me is when you are trying to get another loan they look at your DTIR!!!!?

  • @victoriakennedy4811
    @victoriakennedy48112 ай бұрын

    what about when they put up the interest rates again and again then what do you do sell sell sell?

  • @dimaosman6363
    @dimaosman6363 Жыл бұрын

    you should make a school teaching about real estate

  • @loiju6710
    @loiju67102 жыл бұрын

    That shirt with the benjamins...😂

  • @pantherman8719

    @pantherman8719

    Жыл бұрын

    He's counting stacks online....

  • @bentleydesign.studio
    @bentleydesign.studio2 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

    Жыл бұрын

    @@JayLupe 🤣🤣👏👏

  • @hp7639

    @hp7639

    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.

  • @zaing6098
    @zaing6098 Жыл бұрын

    Where did you get that shirt

  • @neno56527
    @neno565272 жыл бұрын

    0:27 where can i buy that T shirt ?

  • @steven5221
    @steven52212 жыл бұрын

    Smart

  • @laurice8056
    @laurice8056Ай 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.

  • @canadakethes678
    @canadakethes6782 жыл бұрын

    Great

  • @AW-xv7dq
    @AW-xv7dq Жыл бұрын

    Is there a 1031 equivalent in canada?

  • @Engie650
    @Engie6502 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

  • @lilianbryce6354
    @lilianbryce63542 жыл бұрын

    Kris is indeed a king investor.

  • @aiko3423
    @aiko3423 Жыл бұрын

    so what you're saying is...i shouldn't pay off my student loans and instead try to buy investment property?

  • @ThaoNguyen-pn1nx
    @ThaoNguyen-pn1nx2 жыл бұрын

    Yeasss truly believe in what he said

  • @Vfuse1
    @Vfuse12 жыл бұрын

    I got a question, you can do all this without a real estate license?

  • @lilianbryce6354

    @lilianbryce6354

    2 жыл бұрын

    Yes you can

  • @joycebarnett6035
    @joycebarnett60352 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

    5 ай бұрын

    The cynic calls.... You never make it!

  • @ginopiratino8793

    @ginopiratino8793

    4 ай бұрын

    Yeah, stay poor

  • @johnntzouropanos2831
    @johnntzouropanos2831Ай 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 Жыл бұрын

    How do I get 2nd home? Equity?

  • @sara69xd

    @sara69xd

    Жыл бұрын

    Yes debt against equity/noi

  • @jayanthsrinivas4424
    @jayanthsrinivas44242 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

    Жыл бұрын

    Great question

  • @christianleonardo7058

    @christianleonardo7058

    Жыл бұрын

    You could buy a primary residence every year with 3.5 % down

  • @hortonsstuff6948
    @hortonsstuff6948 Жыл бұрын

    Debt is your friend

  • @jarrodgarces823
    @jarrodgarces8238 ай бұрын

    Primary residence is not net worth

  • @anniejulie3140
    @anniejulie31402 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*

  • @scottdavid6589
    @scottdavid65892 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

  • @78hopper
    @78hopper2 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

    Жыл бұрын

    Only affects you if you sell, just keep renting it and keep paying the mortgage

  • @shanebuenaventura1593
    @shanebuenaventura15932 жыл бұрын

    Mr Robert Bruce Arthur is the best, recommending him to all beginners who wants to recover losses like I did

  • @willytorrez990
    @willytorrez990 Жыл бұрын

    Help me. Please

  • @polo9559
    @polo95596 ай бұрын

    Kris I want that shirt

  • @anntiup
    @anntiup6 ай бұрын

    HUUUUM, 👍 👍 🏆

  • @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

  • @larenzgarrett4936
    @larenzgarrett4936 Жыл бұрын

    I suppose interest means nothing to this guy.

  • @grantgrant7838
    @grantgrant78382 жыл бұрын

    First

  • @seanhawley9855
    @seanhawley98552 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💯

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