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How I Bought My First Property At 22 Years Old 

Kris Krohn
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It all started when I saw a sign "For Sale by Owner" (listed at $110,000) outside a house, and I knew it right then and there that it's mine. I even negotiated it for just $100,000. After getting the information from the owner and relaying it to my mentor, we found out that with proper improvements, the house can fetch up to $150,000. After rejections from 2 banks, finally, the 3rd bank approved me. Then we bought the house. So that's where it first started.
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EARNINGS DISCLOSURE
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.
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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. Mr. Krohn does not recommend the purchase of any particular security, insurance contract, alternative investment, real estate or other investment vehicle, and nothing in this video shall be deemed to constitute the solicitation, recommendation, endorsement or offer of any such item in this or in in any other jurisdiction in which such recommendation, solicitation or offer would be unlawful under the securities or insurance laws of such jurisdiction. He does not opine on the likely return of any investment vehicle, on the comparative advantages of one investment vehicle over another, nor on the tax treatment or legal protections afforded to any investment vehicle.

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24 июн 2019

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Комментарии : 41   
@ShaneHummus
@ShaneHummus 5 лет назад
I would teach this to my family. Starting young would be the best plan for my family's future.
@remodelassets6523
@remodelassets6523 5 лет назад
Bought my first investment property when I was 20! Thanks Dad for instilling in me how important passive income is! I did this for my son. Now he is in his 30s and has over 25 investment properties! He is already talking about teaching his children at an early age. All you young Guys and Gals, Just go for it! Nail down that first deal and just watch what happens!
@itssricaa96
@itssricaa96 4 года назад
Instantly subscribed ! Omg this story literally gave me so much ambition to get my life into order !!! Lol . I can’t wait to see the rest of your videos !
@PriMaLSunrise
@PriMaLSunrise 5 лет назад
Great video and great channel man, I can tell you care and that means a lot to us.
@Lucky_Dandy
@Lucky_Dandy 5 лет назад
Congrats to you man.
@brentboese6591
@brentboese6591 5 лет назад
I’m 19 and I’m taking than Merrill’s real estate investing classes coming up in August
@brentboese6591
@brentboese6591 5 лет назад
Currently been working for just over a year and working on building my credit
@landpnross1101
@landpnross1101 3 года назад
I'm 13 and plan on doing real estate in the furture. Hopefully, everything works out.
@sammuelaltamirano9223
@sammuelaltamirano9223 5 лет назад
Hey kris im Ezgar , I’m 16 years old you have inspired me to go into restate , I can’t wait when I turn 18 show everyone what I’m capable of
@mitchellco0
@mitchellco0 5 лет назад
I bought two of your books and only received one, its been three months.
@BATTLEHAWKMEDIA
@BATTLEHAWKMEDIA 5 лет назад
I’m 20 turning 21 in August looking into getting a FHA Loan for my first home buyers to get a duplex
@BATTLEHAWKMEDIA
@BATTLEHAWKMEDIA 5 лет назад
If not 4 plex
@BandosNBread
@BandosNBread 5 лет назад
Dats luv fam, apply to 3-5 banks for a loan to approve, need 580 credit min.. easy breezy
@justincaldero5174
@justincaldero5174 4 года назад
Do it bro, especially if you're single. I'd love to do that now but all the multi family homes in my county are in the hood and I dont wanna move my baby girl there. If I was single with no family I would house hack in a heart beat, but now I wont.
@Domtronic
@Domtronic 4 года назад
Just bought my first duplex. $100k 2 tenants pay 750 & 650
@KrisKrohn
@KrisKrohn 4 года назад
Congratulations Dominic! What market did you buy that in?
@Domtronic
@Domtronic 4 года назад
@@KrisKrohn Upstate NY. The taxes are high here, but so is the rent. PITI is 900 Thanks for the response!
@Domtronic
@Domtronic 4 года назад
I also just realized I turned 22 a week ago. So that's pretty ironic.
@franciscojacobo1232
@franciscojacobo1232 5 лет назад
How much did you make a month in your first house?
@briannanewton4517
@briannanewton4517 5 лет назад
I’m really interested how do i get a mentor ?
@brentboese6591
@brentboese6591 5 лет назад
What bank did you use
@diamond4705
@diamond4705 4 года назад
I’m 21! I’m actually looking to buying a house
@haleyrotenberger9597
@haleyrotenberger9597 5 лет назад
Where is the best place to find a mentor?
@abubakarkabir7069
@abubakarkabir7069 5 лет назад
Kris
@ammy7399
@ammy7399 2 года назад
❤️❤️❤️
@wormhole5679
@wormhole5679 5 лет назад
Why are people so excited about making ONE million? Get excited to make 100s of millions!
@Kevin-qn5pq
@Kevin-qn5pq 4 года назад
Worm Hole baby steps
@MarylandGuy-ey3st
@MarylandGuy-ey3st 5 лет назад
I wish I would have known this in my 20s. I’m 37 now never too late to start I guess
@immaculateyekple1536
@immaculateyekple1536 5 лет назад
Have you heard of Max international?
@MarylandGuy-ey3st
@MarylandGuy-ey3st 5 лет назад
Immaculate YEKPLE no
@ThatFlyGuy98
@ThatFlyGuy98 5 лет назад
It’s hard to keep a 2 year job history with all jobs paying $13 or less with is about minimum wage after taxes
@1jaythree
@1jaythree 2 года назад
you said in the book you made $54k profit now its $65k?
@yosoytercio245
@yosoytercio245 Год назад
👍🏼
@Ali-mg7dh
@Ali-mg7dh 5 лет назад
hello
@meadowjessop9828
@meadowjessop9828 5 лет назад
Hi
@AxeptDreg
@AxeptDreg 5 лет назад
wow only 3k views
@MetamorphosisdesignOrg
@MetamorphosisdesignOrg 4 года назад
Kris fidgets a lot.
@NUCLEARARMAMENT
@NUCLEARARMAMENT 5 лет назад
Use credit for the downpayment, that's how you get 0% down.
@JLiiFE
@JLiiFE 5 лет назад
You’re an inspiration Kris, I’ll be contacting your team once I have 5K to invest and spend.
@remodelassets6523
@remodelassets6523 5 лет назад
JFallacy Contact Kris NOW! The 5K will fall into place!
@coltnix6805
@coltnix6805 3 года назад
I thought he required 15k to join
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