How To Invest Money In Your 20’s


Hey, what’s up guys? Kris Krohn here. Yes,
it is winter. Yes i’m driving with the top down. It is one of my favorites. I am
totally impervious to the cold. But today I want to jam with you in real estate
and I want to talk about why 90% of all millionaires make it in real estate. And
there’s very, very specific reasons why. and so what I want to do is break it
down for you. I really want to give it to you in in like the deeper science than I
have in the past. And I think you’re really going to appreciate it. So, check it out.
I’m up here at my mountain home. It is snowy, it’s cold. But a super
exciting day. You know, as I’ve started this YouTube channel, I’ve been really
honing in. What is the information that would create the highest level of value
for you? And today, I want to give it to you in one straight shot. How you invest
in your 20s, so that when you’re in your 30s, not your 40s, not your 50s, not your
60s. You can really living be living life on your terms. To me, it doesn’t matter
whether you have money, whether you don’t have money. You have good credit, you have
bad credit. Frankly, it really doesn’t make much of
an impact at all to me. So, here’s what I want to help you
understand. There’s a number of strategies when it comes to the world of
real estate investing. In fact, there’s 32 main strategies out there. The first
thing I need you to understand is that most strategies, they’re not good. You
shouldn’t do… There’s tax deedsm there’s flips, there’s a lot of things that are
popular. There’s multifamily. There’s rentals. And I don’t do those
things and I don’t think you should do those things. I think you should do what
makes the most money that takes the least time in the least effort and has
the least risk. Because dude, no one likes to start over, no one likes to lose and
when you invest, there is some risk. The reason why I retired at the age of 26 is
because I followed a very specific formula. And I want to detail it out very
specific for you because there are 3 things that you do need to know about
making money in the game of real estate. And if you follow these 3 things
it’s gonna be a total game changer for you. So, let’s head over to the whiteboard
and I want to document this for you. Because I want you understand that when
you get in the game of real estate, you want each property to be a win. When I
found out that you could make 50 to 100 thousand dollars per deal, I got
to tell you. That was something that was super exciting for me. Because I realized
if I want to make a million dollars, then I just need to be able to count to 10,
right? I got 10 finger. So, so much easier than some of the other ways and
methodologies are out there. And so I want to ask you how many deals do you
need to do before you’d say, “Wow, I’ve made it. I’ve arrived.” And with what I’m
about to show you. I don’t want you to be thinking in terms of like,
you know, “I want to be a millionaire so I need a million dollars. I need to do 10
deals.” it’s actually a lot simpler. You don’t need a certain amount of money.
What you need is a certain amount of properties producing a certain amount of
residual income. You’re not striving for a certain net worth. You’re striving for
your real estate to perform in a manner to give you enough residual income that
you don’t need to work. When I say I retired at 26, truth is I didn’t really
retire I just became financially independent. And I quit my job and I got
to live life on my terms. And it’s because of what I’m about to show you.
There are 3 things in particular that you need to be aware of. Every time
you do a deal in your backyard and it doesn’t have to take money. Some of these
deals take nothing or maybe 1,000 or 3,000 dollars. Very little. And the first thing
that I want you to know is that you should be making around $5,000. just for
consummating the deal as in finding $5,000 is what you get paid up. Now, up
front is really important because who wants to be in the game of real estate
and say, “Hey, I’ll work today but I want to get paid in years.” You need to get
paid now. The second thing that’s important is that when I buy
single-family homes, I buy them underneath the median. I buy them with
my specific system. Which by the way it’s in a book that you can get for free. You
can download it. If you click the link or the one that’s popping up on the screen
right now, you can get my book for free that will go into deep detail on this.
What I want you understand is that you get paid 5 grand up front and then
you’re getting 500 on average freedom dollars every single month. Now,
this $500 is really important because if you buy 10 homes and those 10 homes are
each paying you 500 a month. 500 a month times 10, that’s $5,000. You might not be
able to retire on $5,000. But guess what you can do? You can walk away from a job
that’s paying less. And if you figured that out, dude then why not do 20 more
why not do 100. Especially when I show you how you don’t need to access your
own money to make this happen. The third thing though that you do need
to understand is while there is upfront money, this money is along the way. You
just keep on getting it. There’s another kind of money that you get when you sell
this home in 2 3, 4 or 5 years. And it’s tens of thousands of
dollars. If you’re buying it buildings the median, I’m guessing for all intents
and purposes. And I use this as an example sometimes.
$30,000. It could be 50,000, it could be 80,000. It
could be 20,000. But probably not less. And if you start adding the upfront
money, the $6,000 on average that you’re getting every year and this money, you
start making 50 to $100,000 on every deal that you do. And my friend, that’s
that’s the part of this whole game that I want you to have an understanding for.
Is that if you’re getting paid upfront along the way and at the end, then the
cool thing is… And here’s the secret: You can multiply this. You do 2 or 3 or
4 of these deals. And it’s… So your ROI, your return investment is so
high that you’re going to start attracting a very special kind of people. These
people are called partners. And a partner is an individual that says, “Hey, I’m into
my career. But I’ve been saving up some money. I don’t want to learn what you’ve
learned. Can we go in 50/50?” And this is when you hit the big time and this is
when you can do. Right now, I can do as much real estate as I want. I have a goal
of becoming a billionaire. I want to be a billionaire philanthropist the second
half of my life. And right now, I’ve got assets growing like crazy. But I followed
the system to get started to recreate my financial independence. And then my
partnering system which you’ll also learn about in the book is what has
taken me from independence to true financial freedom. Did you know there’s a
difference between those 2? Financial independence just means you got out of
your job and you’ve replaced it. But financial freedom means that you’re now
living the lifestyle that you want. So, living where you want, donating the way
that you want, giving to charities the way you want. You know, being able to take
the travel and the trips and vacations. It’s a very real byproduct of all the
real estate investing that we’re talking about here. So, what I want to do right
now is I want to share with you how you can get my book for free. I want to share
with you what’s in it and first of all, it’s called Unstoppable. It’s a brand new
book. And it’s different than any my others. Because I took out all the fluff
and I Shrunk it really small. I just can grab a drink here by my absolute
favorite drink. If you ever come visit me, just bring me a six-pack of apple beer.
It’s not beer but I got to tell you it’s really tasty and I know the
carbonation is not good for me but… So.. So, here’s the deal on the book. It’s called Unstoppable. And what it does is
it documents your custom journey to get a particular realistic game plan to go
from nothing to millions. And here’s what I want you to understand about that:
Whether you are… Whether you would say you’re too young or too old, whether you
would say I don’t have enough money or I don’t have any money, dude that doesn’t
matter. In my matrix of the book, I actually show how all those combinations
of people can get in the game of real estate. And dude, it if you come out to my
live events which you very well might, you’re going to meet all sorts of people,
successful investors that are out there crushing it and doing it. Right now, the book
is free. We’re going to do that for a period. All you got to do is click the link
below, get your hands on a copy of the book. And it’ll even come with a
consultation if you want. You can talk to remember my team and basically say, “Okay.
I’m reading this book. I’m getting my custom game plan. I’m figuring out my
next steps.” And having a member of my team contacting you it’s just to make
sure you understand the book in its principles. And if you get stuck then we
want to finish customizing the process so that you’re completely clear on exact
steps you need to do to make your next million or your first million in real
estate. Hey, thank you so much for watching today. If you’re not already a
subscriber, make sure you do that. Ring the bell. Every day, I’ve got new content
coming out. Get your hands on a free copy of my book. And who knows? Maybe I’m going to
be your next mentor to help you make your next million in real estate or I’ll
be seeing you at one of my live events. Take care.

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