How do you invest in real estate with no money? Like is that a gimmick? Is that
real? Can it actually be done? My name is Kris Krohn. I have helped transact
thousands of properties. And today, I really want to get to the bottom of if
it's possible. And if, how do you actually do it. Let's find out.
You know, before we jump into this whole idea of investing in real estate with no
money, I want to talk bigger picture about how I just do life. I mean, the
reality is you and I we want stuff. And I'm always asking this question, "How do I
get what I want without necessarily putting up the money?" Because I'm one of
the things that I've learned is that in life, you get the very natural byproduct
of your specialty. Or something that you know how to do. Like for example, let's
just say for a moment that you sell cars for living. I'm sure you would know how
to get an amazing deal on a car. Maybe from auction. Because it's your trade.
What I love about real estate is that it represents one of the most expensive
things that we will ever buy in life. And if you can learn how to buy real estate
every time with no money, it is going to be one of the most powerful things that you
can learn. More importantly, can you apply it to everything else in life? And that's
the conversation that I want to have with you right now. I'm going to share with
you how stupid simple buying real estate really can be. For just a moment, let's
talk about the building that we're in right now. I mean look around. You can see
that I'm in a studio. This is a studio that I had built for some of the
videos that I make here on YouTube. And I've got furniture and I've got risers
and I got TVs and I've got fig plants. And a bunch of TVs throughout this place.
This is just one small tiny room, right? And if you were to go, you'd see 16,000
square feet. I said to myself years ago, "Man, I have put on so many events in so
many other hotels and no one ever gets it right. They don't have my audio the
way that I want. I don't like the acoustics of the room. I don't like the
dimensions of the room. These people are hard to work with." And years ago, I said,
"You know what? What would happen if I had my own event center?" And I thought to
myself, "Well, that'd be pretty cool." Question is "Kris, do you know a way to
get that event center for free?" Well, let me kind of put on screen and show you
what I did. Because by the way, I did get this event center for free. But this is
how it ended up going down. I had to first start by finding a building. This
represents C, a commercial piece of property. I had to find a building that
could meet my particular needs. Now, by the way, we're going to talk about single
family homes. We're going to talk about real estate. Because I want you understand
something: I buy houses every single day. And I never use my own money. I never use
my own credit. And I promise you, at the end of
this video, I'm going to show you how to do the same. Well, let's kind of get the big
picture. Let's actually start with something a little different. So, I said
to myself "I want a convention center." It took some time to basically find a
building that could do three things for me. Number 1, I needed to have a place
with adequate parking. This was really challenging. There's a lot of places that
have super minimal parking. For a convention center, you're going to have to
ultimately had to find a place where someone had put in lots of unused
parking so I could secure it. The second thing is this particular building. It
needed to have...It needed to be two-storey. And not just a two-storey building. But I
needed to make sure it means some of my ceilings in here 2530 feet tall. I needed
to make sure that I didn't have pillars. Because when I put on an event, a pillar
means that someone behind it actually can't see the front of the room, right?
And the last thing that I really wanted is I wanted to have an a-plus location. A-
plus locale. So, parking 2-storeys. I knew what I needed for this deal. I'm
going to make real estate so turnkey for you. So simple. But here's the big thing. I
went in. I knew what I wanted. And then what I did is I had to then build a
business plan. Something I'm gonna give you for free at the end of this.
Literally. The business plan was when I'm renting out this building, then what's
the benefit I'm going to get? Dude, this if you haven't seen this place. That's sick. I do
all of my quarterly events here right now. While we still can.
The event space it's the right dimensions, it's got the right equipment,
I've got the right staff, I got the right people. Ultimately, I made this place just
perfect for me. But I said, "When I'm not using it, I can rent it out." Here's what I
learned in the business plan. This place only needs to be rented 13% to equal
breakeven. So, I had to ask myself, "Do I have the ability to rent this place out
more than 13% of the time?" Most of the places in this area there's only 3
competitors that I have in this valley for this size of building that I have.
And I found out that most of them are rented between 65 and 90 percent of the
time. So, I said to myself, "If I can bring a superior building with superior
options to the marketplace and actually rent it for less than everyone else, I'm
going to eat up their business." Well, we just opened this building. I've only done a
couple of events here. And as we've gotten started, our ability to get this
thing profitable... Super, super easy. So, in the
end, you're thinking, "Well, okay Kris. Now, you have a business plan. What do you do
with the business plan?" The reality is there's a ton of people out there. There's
always people. There's countless people that have been following society's game
plan. Which by the way is a sucky game plan. And it's insufficient. Society says,
"Put your money in 401k." It's not going to grow and be what you needed to be. "Put
your money in an IRA." Tax benefit is really not going to be what you needed to
be. "Pay off your house." It's not really going to be what you needed to be. And if we
all follow society's game plan, we are going to wind up short. And that's really
the big problem. And so, there's always people with money. You have to understand
that that for a worthy project the money is always available. This by the way is
not just a worthy project. I was throwing my investors how we could get a really
sick ROI on this. The potential on the cash-on-cash. Meaning, for the money you
put in and what it pays you every year is really high. So, I put a business plan
together. And then I basically went out and said, "I need a certain amount of
money." Let's in this case say that it's 3 million dollars. And I basically
said, "I'm going to give you some of the profit." Well guess what? For the right to
you with the right kind of cash flow, people came to me in my world said, "Kris,
I want to be a part of that." And guess what? I got the money that I needed. Got
the place that built everything put together. And now I'm on the flip side.
This thing is now making money we're actually charging. We've got events
starting to stack up. It was a dream for me to do events in my own space. Because
I don't like renting any other places. I want a place I can call home. I also
carved out a part of the building here for renting out to my company that
actually pays some money every month. My events I charge myself for them. And so,
this is going to be I believe a super fantastic win-win for all of my
investors. That's how you play the game of money. That's how do you play the game
of real estate. When you want something bigger than you can afford, you have to
stop and say a couple of things. Number 1, what's my plan? Number 2, how do I
get a track record if I've never done it before? Number 3, can I find the deals
or the team to make it happen? And if you can, there will always be money for you.
So, this is what I want to share with you today in this short video. I want you to
understand that I'm going to fulfill that promise. I'm going to give you the plan. I'm
going tO show you how you can buy real estate with no money, no credit. Number 1,
you've got to have a plan. And at the end of this video, you had a chance to get a
copy of this book for free. This is the business plan on how you make your first
5 million dollars in real estate. I give it away for free because I think
that the knowledge is super powerful. I just ask people to cover the shipping.
But as you read this book... It's a quick read. I've got lots of diagrams, images.
And this book has helped create millionaires and multimillionaires. The
ideas in it are really really profound. So, when you get a chance to read the
book, it's going to give you a game plan. And it's going to say, "Hey, if you're starting
like Kris with no money, here's how you make a million bucks." Or you're starting
with a quarter million dollars, here's how you invest it to make a million
bucks. Or five million dollars. And so, you got to have a plan. So, there's a link
below so you can all get that. Number 2, you get an either track record. Now, in
the beginning, you don't have a track record. After I bought my first 3
homes, all of a sudden people started coming out of the woodwork saying, "Hey,
you started doing this real estate investing thing and you didn't die. You
didn't fall on your face. You didn't go bankrupt." And so, I now have a track
record of 4,000 homes. It's a pretty substantial track record. In fact, I've
got another document here that a lot of people, you got access to get for free.
This document right here if you go through it, it shows my results on
thousands of properties and the exact strategy that I use to get that. Now, this
is really important because right now, this looks like my track record but it's
not. It actually could be yours if you become a partner with me. I'll explain
that in a second. Once you have a track record in a plan or you're partnered
with someone who has a track record in a plan, the last thing you need is deals.
You need really hot deals and I had to find a really good deal. And something
that is producing around 25% plus ROI. That means that your money is doubling
every 4 to 5 years. Most people would say, "My stock market portfolio
can't do that. My 401k can't do that. The equity in my house won't do that." None of
these things will do that but we can do that here. And then you think "We need a
team to do all the work?" So, I don't have to like wear hats and learn how to do
things that I've never done before. And if you were to have all 3 of these
things, guess what? Then all the money that you're looking for shows up. So, let
me kind of put this all together for just a moment so you can kind of see it.
In this video, I promised I would show you how you can access
the best deals, access the best team and do all of it. And basically do real
estate with no money down. And I said it would be the easiest way. I created a
program called maverick. I had a life-changing event happened to me. I got
to the point where I've done so much real estate. And I've created so much
wealth that I've decided to do something that I've been searching for for 15
years that I've never seen happen. Which is, I'm about to say you can't find
anywhere else on the planet because I invented it. I created I had to make sure
that it was legal and appropriate. But I basically said, "What if I went into
partnership with you?" Here's what it looks like. How I built my
wealth is when I partner with people someone is doing all the work and
someone is putting up money. 2 partners. Generally, in nearly every case of my
past with all of my partners that's been a 50-50 partnership. That means that
doing all the work means finding the deals, the team, running and managing
doing everything. This represents 342 hours per property. Work that most people
don't want to do. The person putting up the money, they didn't have to put in
time. They had to put up the downpayment to be able to buy real estate. Usually it
is a 20% down payment that can range from 30 to $50,000. And of course people
will find me on YouTube, if they like me or they subscribe. If you're a subscriber,
you might get the point where like, "Wow, if I partner with Kris and could tap
into his team to put in the 342 hours per deal and start making some crazy
money and good ROI, I would love to partner with Kris and let's double our
money every 5 years." I did something I've never done before. I actually made
the decision to launch a program called Maverick, right? Took my 50% and I
essentially cut it in half. And I said if you were to refer someone that becomes a
partner of mine, I will give you 25%. Half. This 50% I cut it in half and say half
for me half for you. And I just started the program recently and I have people
lining up and doing it like crazy. And we're now buying homes and we're picking
up momentum. And it's wonderous for me to see how people that were starting like I
did with no money no credit, that are actually out there now getting out in
the game doing real estate and crushing it when they never have before. It's
super, super wild. So, what does this mean for you? Well, I promised you
in this video, I would give you a plan a track record and access to the deal in
teams. If you talk to a member of my team after you for example getting this book
for free, it comes with a free game plan. When my team calls you or there's a
number even on the page call us and say, "I want my free game plan", how would Kris
in my situation make money... The cool thing is they now have a way of saying,
"If you're one of Kris's Mavericks, just like he was in the beginning of his game
plan, you now can actually partner and be an equal partner with me." It sounds even
just like kind of crazy letting that run off of my lips and actually share that.
That's the reality of what I've created here is helping my friends family some
of my great YouTube followers. How can I help you crush it in real estate? And
this part is going to wig you out. If you can find a way to find 5 partners and
they each buy 5 homes that's 25 homes, right? Over a 10-year period of time, that
can equal well over 1 million dollars. So, literally just by knowing 5 people in
this that actually decide to do something with me and start buying real
estate... Just by knowing them I make you an equal partner with me, you have a
chance to create a million dollars. his program was invented because I had some
of my YouTube fans and friends complaining. They're like, "Give me more.
Take me faster. How can I do more." And this is probably the coolest strategy
that I've ever come out. I don't think actually in my entire life, I don't think
I'll ever come up with something cooler than what I'm talking about right now. So,
listen. Today, I wanted to show you the easiest way to do real estate no money
no credit. There are many ways of doing it. This is just one of them. And so, right
now, if you're saying to yourself, "Wow, I would love to get some more help on this."
2 things: There's a link below for a video that's about to come up. And that
video is going to show you exactly how I got my first 25 homes and made my first
million dollars. And the second thing is there's a link for this book. Fill the
information. The book is free cover the shipping. And my team will contact you
along with the book give that to you physical copy. They'll also do a custom
game plan and help you figure out the easiest way for you to get into real
estate with no money and no credit. Take care. Subscribe. See on tomorrow's
video.