A lot of people dream of starting their own business, especially if it would allow them to generate passive income. I mean who wouldn’t want to make money on autopilot?
To make the profit you’ve always wanted, however, you’ll need to be able to look past all the fake experts out there. If you’re going to jump into the real estate industry, you’ll need to learn from the best.
Before I jump into my review, I do want to say that I’m a bit concern with the long-term viability of the real estate business. After all, it has undergone a dramatic change in the past few decades.
Nowadays, prospective house buyers search online for available properties rather than relying on printed ads from the newspaper, property listing, or “For Sale” signs.
Kris Krohn is a guru that teaches you about real estate investing.
While they each have their pros and cons, there is a ton of potential for success investing in real estate.
Real estate has created some of the largest fortunes in world history.
That being said, you should take some time to seriously think about something:
“Is now the best time for YOU to get into real estate investing?”
Because despite the potential upside, investing in properties or land takes a lot of capital, and is very labor intensive.
That means if you:
- Have less than 3 hours per day, OR
- Aren’t sitting on $20K+ in disposable income
This may not be the best time for you to start investing in physical real estate.
Don’t get me wrong, real estate investing can be an amazing way to protect your assets while generating cash – but there’s a time and a place for it.
But there’s good news!
All you need is a system to generate you the cash (& free time) you need to be ready for real estate investing.
My preferred method of getting there is by becoming a Digital Landlord
It takes the benefits of real estate investing, but removes many of the barriers (& annoyances), like::
- Small cash flow on properties
- Having to take out debt
- Dealing with repairs and upkeep
- Dealing with tenants
The cool part is that the income is mostly recurring (AKA semi-passive).
You could make anywhere from $2,000-$10,000+ per month doing it.
You can build it as big (or small) as you feel like, without the annoyances I listed above.
If that sounds interesting, you might want to think about becoming a Digital Landlord.
Then, you can take the profits and start investing in physical real estate a year or two from now.
If you wanna see what Kris Krohn looks like on the inside, keep reading.
Who is Kris Krohn?
Kris Krohn, who from what I’ve found appears to be an honest and trustworthy person, graduated from Brigham Young University. He is a full-time real estate investor.
Kris has been a business consultant, motivational speaker, and team leader. He enjoys teaching others how to profit from real estate investment.
He specializes in getting people into homes with no credit. He runs a YouTube channel and has written some books on real estate investing.
From what I’ve seen so far, he is one of the most sought-after experts in this business.
Here are the Books Kris Krohn Has Written:
- The Strait Path to Real Estate Wealth (2010)
- The Conscious Creator: 6 Laws for Manifesting Your Masterpiece Life Stephen Palmer (2012)
- I Am Limitless: 40 Powerful Statements to Inspire Your Greatness Kris Krohn (2017)
- Have it All: The Roadmap to Becoming a Self-Made Millionaire (2021)
At the moment, Kris Krohn has gained around 762K subscribers with 1,526 content for his YouTube channel. This vast online community proves people’s interest in his real estate investing strategies.
Those free videos made him a pretty good platform…If you’ve got a chance to watch Kris Krohn, you’ll see how he went from having nothing to reaching financial freedom at the age of 26!
How did he pull it off? Well, he said he bought a house with at least $150K inequity and paid $110K for it. Then he rented out the house basement to make enough money for the mortgage.
After a year, he asked the bank for a $20K home equity loan, with some equity in the first residence. Afterward, he used the $20K to purchase and rent out another home.
He was paid $600 each month for it.
What Is Kris Krohn’s Net Worth?
Kris Krohn’s net worth is estimated at around $65 million as of 2021. This guy smashed his multi-million dollar fortune through his years of real estate investment expertise.
He has over 400 real estate properties, mainly with no down payment, in the United States. He’s a charismatic individual with a sense of adventure.
This made him a very successful motivational speaker and attracted millions of people to his real estate business seminars.
Clearly, Kris’ personality makes him to stand out, otherwise he wouldn’t draw so many people to his seminars. And that’s something that sets a true guru apart from the average person. Most people would rather just blend in with the crowd.
What Does Kris Krohn Offer?
Kris Krohn programs sell a wide range of tools and resources that promise success to your financial freedom.
It’s good to imagine yourself generating passive income while working in your personal and professional career…And Kris says, “You got to put that notion into action and make it a reality!”
His lectures are simple and make sense…and unsurprisingly many view him as a sure legit source of information. He refers to his strategy as “Home Equity Loan,” which involves acquiring a house with no money.
The equity in that house serves as collateral for a bank loan that allows you to get other rental properties. To earn from the rental fees is the real end-goal!
Kris Krohn also allows his mentees to look for a suitable house for sale with the team. You can purchase the home…And the charge is split equally between you and the group.
The bigger the chance to get clients willing to pay a good amount of money, the more successful it’ll be!
KRIS KROHN’S MENTORSHIP COURSE
On his website, you can see a ‘Get my Game Plan‘ section that claims to accelerate the path to success. It offers business knowledge to lead you to your dreams.
Kris Krohn asserts that you can begin even with small capital. It is not the amount of money you have that matters, but rather the technique you employ.
Kris Krohn’s achievements may lead you to think that you should consider getting into the real estate business.
If you’re still up for the challenge, his mentoring will cost you between $99 and $499 every month. Some of his forums and lectures, on the other hand, are free of charge. Schedules are on his website.
Aside from the course, his YouTube videos appear to be sincere in helping individuals achieve financial independence…So you might consider watching them for free too. Why not?
PROS AND CONS OF HIS KRIS KROHN’S COURSE
Everybody’s got advantages and disadvantages. So let me spill the tea!
1 – The credibility of having over 700K YouTube subscribers.
2 – There are a lot of free insights and recommendations from his YouTube channel. So you get the benefit of him mentoring you online.
3 – He’s offering a lot of new concepts like his coaching app. It shows that he’s pretty creative and innovative.
1 – He wants to make things look easy on YouTube. Like becoming a prosperous business person can be done in super short amount of time.
2 – If you’ve already read his books or watched some of his videos for free, you probably don’t need this course since it’s mostly the same information.
3 – Yep! The training carries a hefty price tag of up to $499 per month. You’d probably rather set that aside for some real estate investing.
4 – Back in 2012, he was the CEO of a corporation subject to allegations from the SEC.
Is Kris Krohn Legit or Scam?
So, time for the $1,000,000 question – is Kris Krohn a scam?
No, not technically. You can 100% make money with this program, though it’s not nearly as simple as they make it seem.
As with most businesses, there is A LOT of work to be done up front & no guarantee of you being successful.
Not to mention the profit margins are typically pretty small.
Don’t get me wrong, I’m a big proponent of front-loading work now, so that you can reap the rewards later.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike physical real estate, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper-van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
Is Real Estate A Good Place to Invest?
The Real estate business can be a source of massive profits depending on the value of your assets. But it does also come with it’s own slew of problems.
Don’t forget to keep in mind the maintenance costs, possible income gaps, and oh yes…the attitude of your tenant(s).
You need to do a lot of planning ahead in this industry. Renters can have a high turnover, and at some point, you may experience having no renters at all.
Plus…If you can’t afford the mortgage payment without the rental income, it will result in a disastrous credit strike. You may lose everything instead of building wealth like you planned (and like Kris Krohn promises).
However, one thing is for sure: real estate investing profoundly affects people’s way of living. Many have benefitted from this business model.
This industry has closed billions of dollars deals throughout the world. When it comes to social media management for real estate investors, I know people that charge as much as $5,000 per month.
Investors won’t pay that much every month if they aren’t producing much more than their investments.
This business is an eye-opener to a whole new world of financial freedom. If you want to be in, best of luck!!! High rewards tend to come with risk.
How Much Will It Cost to Start in Real Estate?
Kris Krohn states that you can start with about $1000 to invest. It doesn’t matter what you have; the key is rolling that small capital to get returns.
Suppose you want to get a license as a real estate investor. The cost depends on your chosen course or program…that also takes up to $1000.
You have to make sure that you’re ready for the ups and downs of this industry.
You can’t have passive income without investments. This cost comes out of your pocket. Plus, it may be a lot of time before you see good results. Yep…you’ve got to be patient!
Is There A Better Alternative To Kris Krohn?
If you’re serious about earning passive income, you should start paying attention to the real estate business trends.
Most people do it online!
However, if you’re looking for alternatives, new entrepreneurs can benefit from affiliate marketing. That’s another trend nowadays.
But if you can think of other sustainable business platforms, then good for you!
Taking a calculated risk is not something that should hold you back in any business.
KRIS KROHN’S FINAL VERDICT
There is nothing wrong with trying Kris Krohn’s course if you can afford such exclusive price. He’ll provide you with some helpful advice.
It’s pretty fascinating how Kris Krohn made it to the real estate investing field in his late twenties.
He also presents stories of people who have attained passive income after taking his course.
If you’re interested in reading some of these positive reviews, you can see them on his Life-Changing Stories website section. But just remember to take any reviews on his own website with a grain of salt.
And as stated, the guy’s net worth is very impressive. His YouTube videos have continuously increased thousands of followers.
Two of his YouTube videos, entitled, ‘How to Invest Your Money In Your 20s‘ and ‘Real Estate For Beginners,’ have gained more than a million viewers in three-years.
I watched some, and all I can say is that this dude has positive energy! It looks like Kris Krohn has that down-to-earth multi-millionaire vibe. That can be a hard combo to come by!
Keep in mind, Kris’ success wasn’t instant and yours won’t be either. It takes time!
What Is Our #1 Recommended Way To Make Money Online In 2023?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet-bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
It’s worth noting that I FULLY endorse real estate investing as a way to grow wealth, and that’s why I invest my own money in commercial and residential real estate.
That being said, my #1 recommendation for making real money online as a beginner is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1.Time: If you’ve got a spare hour-or-two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Real estate investing is a FULL TIME JOB. If you stop finding deals, your money dries up.
2.Ownership & Control: Unless you’re buying your properties in cash, you don’t technically own the properties – the lender does.
If you miss a single payment, the property can be taken from you.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3.Ongoing costs: With real estate, profit margins are actually pretty slim. Real wealth is made in owning the assets, and owning A LOT of them.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
4.It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with real estate investing, you would need twice as many properties, or double your profit margins on each property. And I can guarantee you , that’s a lot harder than a few clicks & a phone call.
5.Make Money Helping Real People: When you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other opportunities Kris Krohn, which might make you money.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.