Kris Krohn Review – Scam or Legit?

Is Kris Krohn a scam? Should you buy his real estate investing courses?

The idea of making passive income from real estate sounds very attractive. And many gurus would tell you how easy it is to make money by buying and renting properties. But is this true?

To be transparent, I’m NOT an affiliate of Kris Krohn, so my opinions are unbiased and honest. I’m not going to sell you Kris Krohn’s courses.

In this review of Kris Krohn, I will cover the following to help you make a judgment:

Who is Kris Krohn?

Kris Krohn is a business coach, real estate investor and speaker.

He teaches people to invest in real estate with small capital. He always talks about the tricks to succeed in real estate business with no money and no credit.
Is Kris Krohn a Scam? Should You Buy His Courses?

His method is called Home Equity Loan. It works by getting a loan with little money down to buy the first home, then using the home as proof of equity to get a bigger loan from the bank, and use that loan to buy another home and receive rent.

He has a lot of subscribers on YouTube. At the time of writing, he has around 571K subscribers for his YouTube channel. You can receive quite a lot of free value on his YouTube videos.

He said he was able to retire at 26 years old. He gained financial freedom by investing in real estate.

How did he do it? What he did is that he bought a house loaded with equity of at least $150K and paid $110K for it. Then rent out the basement of the house to receive a rental that can cover the mortgage.

After a year, with some equity in the first house, he approached the bank to get a home equity loan for $20K. He then used the $20K to buy another house and rent it out. He earned $600 a month for that.

He repeated the process of taking more loans from increased equity and buying more homes. After 4 years, he had 25 homes which paid him $12K a month in total. He said that’s enough for him to retire.

Recommendation: Here’s The Best Alternative

What Does Kris Krohn Offer?

Kris Krohn offers a training program that teaches you his success blueprint in real estate.  That is using home equity loans to buy homes to rent out and make passive income.

The process is like keep taking loans to buy more homes for renting. That is based on the assumption that you find the right home at the right price, meaning the price you pay is lower than its actual/potential value.

He also offers you to cooperate with his team, meaning they will do the research and due diligence work for finding the right home for renting. And you provide the capital and credit for buying the home. But you have to share 50% of the return with them.

Is Kris Krohn a Scam? Why Don’t I Recommend His Courses?

Kris Krohn is not a scam. There are quite a lot of testimonials online that talk positively about Kris Krohn. And given his big following on YouTube, it’s very unlikely that he is a scam.

However, the problem is whether you can really make easy money after buying Kris’s courses.

It’s true that some people can make a lot of money in real estate if done right. But doing real estate investing is never easy. It is very risky indeed due to the capital involved.

Kris seems to ignore a lot of issues hidden in real estate investment and make it look like so easy to make money with real estate. That’s probably because he’s trying to sell his courses. Making it look easy is the best way to attract more people to join.

However, think about it, if the first house you bought drops in value because the economy crashes or you overvalued the house when you bought it, what can you do? And what if you cannot find a tenant for your house or your tenant moves out?

Also, buying a house with credit is very risky. Putting $20K down to buy a house but you can only make $600 per month from the rental. Is it worth it? Sometimes, because of maintenance and repair cost, you may have zero net profit for the month.

There are many uncertainties when it comes to real estate investing, which are not mentioned by Kris Krohn.

Is There An Easier and Better Alternative To Kris Krohn?

Any property investment requires a large capital upfront. Since you are paying the market price for a whole house, any fluctuation in the market might result in a loss of thousands of dollars or even more.

So if you really want to make a stable and secure stream of passive income, I would suggest you starting an affiliate marketing business online instead.

Affiliate Marketing is perfect for anyone who is new to online business. You can earn $10K per month much faster than Kris without taking any loans or paying a huge amount of upfront capital.

In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.

In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.

And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.

Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.

But How Much Can You Earn with Wealthy Affiliate?

A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.

Is Kris Krohn a Scam

Wealthy Affiliate has existed for 15  years and there are many success stories in the past decade.

To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.

Where to Join Wealthy Affiliate?

Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.

If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.

And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.

You can enjoy all these values without paying a penny.

So I strongly recommend you to register a free account and see it yourself.

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2 thoughts on “Kris Krohn Review – Scam or Legit?”

  1. I find this review very helpful. Real estate is not a good business to start because it involves a lot of capital risk. Affiliate marketing sounds like a practical and interesting recommendation.

    Reply

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