Welcome back friends.
We are nearing at the end of the series all about partnering.
And you know, at some point with my potential partners, they're going to ask this question:
"Well, how much money can we really make in a partnership?"
And today, I'm going to give you that answer.
You know, I want to share with you what I've learned in real estate.
Because this strategy is not about flipping a quick $50,000.
I learned a long time ago that while that feels really good, it's really just a job
and real estate.
And it can become if you do it right a good paying job.
But guess what happens when you got the 50 grand?
You got to start over again.
We're talking about a more passive approach that has the ability to produce exponential
wealth with time.
So, there's a couple of things in answering this question: How much money can we make?
I want you to first understand that it comes down to you.
Because I am a pretty aggressive individual.
And My results are really aggressive.
Now, aggressive doesn't mean risky.
Aggressive doesn't necessarily mean out of control.
What it means is I know how to find the very best deals to make my money work for me.
And if you remove real estate.
1800's philosopher and economist Javy Shay from france said that, creating wealth is
nothing more than taking money from areas of low yield and putting them in the areas
of high yield.
Friends, as all we're doing in real estate.
You got money sitting an annuity, 401-k, IRA, home equity, savings, under the mattress,
gold, silver.
The reality is none of those assets are producing a residual income for you.
So, they're highly speculative.
But for being speculative, it's not Vegas.
They don't give you a whole lot in return.
They may have not risk but they also don't have a reward.
So the problem is is that we have society telling us to do this things with our assets
that frankly benefit the fund managers and benefit the financial planners.
But the system is broken.
It's never ultimately going to get where you want to go.
And when you find that out, you say, "Well, I need at least be earning 10% or more so
that overtime my money can become something."
And we're trying to do obviously a lot more than that.
With that being said, it comes down to you.
If we partner up, you're kind of holding in the rails and saying, "Hey, I have an intention
of doing 3 properties but then maybe in the first year we do only 2?"
What's the difference between 2 versus 3 properties overtime?
Well, I can tell you that the end result is not just going to be a third more money.
It's going to be a lot more because we have compounding interest.
Watch my other videos on compounding interest and discover how powerful that compounding
can be.
That's what makes this work.
It's not just a 20% ROI.
It's a 20% compounding ROI.
Now, whether our deals in hind set are only producing 10% or 8% or 30%.
All of which I've seen.
They're all compounding.
Which means that aside from the total ROI, we have something working in our favor that
can get us somewhere.
It's up to you however to do your part.
I can bring the team, I can bring the deals, I can put it in front of you.
There will be some risk, obviously.
But only you can pull the trigger on whether you want to buy 4 homes or 2 homes.
One of the things I recommend is first of all, understanding that you're really holding
the trigger.
The second thing I want you to understand is that real estate, in the fist 3 years,
you're going to look back and say, "Kris, this is so boring.
Like, what we've really gotten, right?
We've bought this property.
Yeah, it's cash flowing but then it has repair sometimes.
You know, what's this really doing?"
Sometimes it's not until the 3rd, 4th or 5th year when you get to your first round of refinances
or selling.
That you're like, "Whoa, whoa, whoa!
We have profits."
We can actually now take the original down payment and put it to new one.
And then also, take the profits, some are mine's, some are your's, 50/50.
And we roll it together into the next one and guess what?
One home just gave birth to two.
So, if you start for example with 3 properties, then maybe 3 or 5 years, they become 6 properties.
Again, not very exciting for the next couple of years.
But then we have our next tax-free refinancer-selling event that comes do or home equity line or
whatever that it's going to be or collateralizing.
And all of a sudden, 6 becomes 12 properties.
I find from my partners that once you've seen it double the first time, it's really exciting.
When you see it doubled again, that's crazy exciting.
And if you'll continue doing that, we're going to have this thing turned into a tremendous
amount of wealth.
Now, understand that we might split some cash flow along the way and take a distribution.
But outside of that, when we sell a property or refinance and get a pile of money, that's
going to represent some original down payment.
It's also going to represent profit.
Me, I am in a position where I can keep rolling my profit forward.
If for whatever reason it's time for you to take that money and actually split it and
keep your portion, then what I want you to understand that's going to happen then is
all the money you put in, get's paid back first.
But now, I've put in money.
I've put in profits.
That get's paid back and then the rest of the profits also gets split 50/50.
I will tell you that when you say, "Well, how much money can this make?"
You got to let it roll.
You want to give it the benefit of time.
I will give it the benefit of experts.
I will give it the benefit of the some of the top ROI properties.
You need to give it the benefit of time.
And if we can be on the same page with that, then like I said, the first decade really
is about taking a small amount of money and turning it into a lot.
And the second decade is taking a lot and turning it into a legacy.
A legacy means that you have so much wealth built that you can donate.
You got the money for your family and your loved ones and your posterity or children,
your grandchildren.
You also have money for, probably charity or doing some other great works where you're
leaving a legacy.
Which means, you might be gone from this planet or old.
You and I are both there together.
But the assets are still doing good in society for you, for your family, for your loved ones
and for others.
So, that's really the goal here.
What I can say is, if you want to go faster, every time you do a good job managing your
money and saving the money and putting to next deal, guess what it does?
It will actually make it possible for you to put more in.
Which will help us do more.
I'll do my part by reinvesting my profits outside of the cash flow distribution.
Together, ultimately, we can make this thing soar.
Now, once in a while, I do have my partners that will say, "Kris, but if I want to go
faster?"
And I ran out of money too.
I have to wait to multiply the portfolio.
What do I do?
And when you come up to the live event, one of the things that I love to do is train you
on how you can find partners and bring them to the table.
A point in time comes where you have the ability to bring another peoples money.
Whether I am or am not involved.
Where you can keep growing faster, faster and faster and faster.
Some of you might want to partner with me and say, "Kris, I want to out of my job in
5 years."
But I only have this amount of money and if we let that grow with your maximum rate, it's
not going to be what I need.
What can we do?
Well, I can teach you how to partner.
And that's something that you're going to need to build a track record and portfolio
with me on.
We're going to want to set up our money to be growing on going on it's course.
And then I will show how to document all of that and take it to other people that you
may or not know right now.
How to get them want to partner with you.
And I'll show you ways that you can leverage my same system.
So, that you can have all your money growing in our portfolio together.
And you can have their money growing and your portfolio with them.
That's probably one of the coolest perks of actually partnering with me is I am going
to show you how to that from A to Z.
Friends, thank you so much for watching this video.
Again, if you are interested in partnering, click the link in the description and apply
for that.
Either way, take full advantage of this knowledge.
And take this partnering training that you're getting and put it to work.
Let's do this.