What Is Equity In A Home
ฝัง
- เผยแพร่เมื่อ 9 ก.ค. 2017
- What is home equity. Because I talk about equity so commonly in my videos, I get lots of questions about what it is. It's very important to understand and makes all the difference in real estate investing.
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www.kriskrohn.com/krispartner...
The difference between a investment property with equity and one without equity, is the difference between a treasure chest full of money vs. one that is empty.
Hopefully this video clarifies how important it is to invest in properties that have equity waiting for you.
Watch and Enjoy!
Kris Krohn
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The stuff i wish they would of taught me in school 🤦🏾♂️
“Would have” not would of
Lawrence Jones513 fact
Yeah, this video is a much better life skill than calculus...for sure
This is exactly what they don’t want us to know. Especially minorities. In the U.S. at a point in it’s history there were laws against letting African Americans build equity. The season they and other minorities groups are so far behind in that area compared to caucasians
That's what your parents are for 🙄😒
Gets in my nerves people like you expect schools to raise children
I’m 15 and this has just changed my life forever. Thank you
Glad to help Davey!
Kris Krohn so if I own a house right out worth 130000 that’s all mine ?
Tyra Phillips yes
Tyra Phillips so now that you’re 18 what have you done
How is your journey going?
I'm 28 own two properties, but today I actually learnt what equity is.. thank you mate, just wish they taught us stuff like this at school
what a chill dude just giving out free knowledge what a time to be alive
This is the kind of stuff that should be taught in school!
Thankyou, you didn't have to put this knowledge out here, and you didn't have to put it out for free either. So thankyou for all your videos I'm about to watch
Glad you found this channel!
please ,will you explain me how this works
i dont think he does this for free lol
Do you get a loan to start? I don't have 20k for a down payment.
@@andrewsilvia1900 check with a reputable lender in your community...often times there are grants and programs where you only have to pay 3% down or even less to buy a home.
I thought he heard me when I said the answer out loud! Great Video
That's awesome. Glad you enjoyed the video!
For you Americans out there, I live in Canada where the property is crazy expensive. So when he uses examples of purchasing homes for less than their worth, this doesnt apply to me. Otherwise nice vid.
Willie Austin 😂😂I caught myself answering out loud too!
lol
Willie Austin Hahahahahaha haha!!!!!! Meeeeeeeentooooooo!
Thank you for posting these. I'm a property owner and you've changed my thinking on investment properties. Thank you and keep up the awesome work
I wish I was taught in my 12 years of school ! Real things that matter on how to get financially ahead in life !! Thanks man you're awesome !!
Bro I promise you that was a blessing watching this video! I never understood equity. I typed in in on utube and bam! There you were. I also subscribed. Knowledge is power.
Supplementing my college educations lack of business classes with these, great stuff, thanks man!
From equity to self love, this dude got it all. Great video 🤘
Who else thinks he looks a bit like that actor in American Sniper😂😂.
My dad has been in construction and real estate he never taught me anything like this😬😬, thank u so much sir
I'm thirteen and I'm taking notes on this already, haha.
Keep going
That's great! Start early and you'll be successful!
Yes! Subscribed a few days ago and was wondering what all this equity stuff you were talking about is. After watching about half of your videos I think I figured it out that it was the difference of what you owe on a house and what is worth. I was right! Haha but I'm still glad you cleared it up. I'm 18 and plan on getting into real estate. Keep the awesome videos coming!
Thanks for commenting. Glad you enjoy this channel.
Limitless TV np thanks for being here! :)
Couldn't resist thanking you.... Thanks a lot Sir for such a lucid explanation!
just from this one video i understand completely how you did it... i have been telling my wife this for the last year or so about doing it... she feels there is a risk and she doesnt want to but really im going to show her just like i showed her with the business we own
Thank you again Krish. Im really starting to become a listeniner of yours! Your content is cool and you deliver it with excellence and confidence. I will meet you one day, Thank you
You're a great teacher! Wow! Thank you so much, Kris, your Awesome!
That is so awesome man! Equity fundamentals followed by Self Love....Cutting edge Champion quality man. Great Life expression
That's literally all you needed to say.
2:12
Equity is the difference between home value and how much you owe.
I've learned so much from your videos Chris I will be joining your team soon.
Super straightforward and to the point, love it, thanks!
You are amazing at explaining everything! Thank you!
I'm so glad you made this video of simplifying what equity means because I was so lost. All the other videos where way too complex, just doing the most with explaining what equity means instead of saying equity is A B & C because of X Y & Z. LAWDNESS! Thank you for not being complicated.
Mama Krohn need to produce more of this man. This world and especially this generation needs it badly. Much love and respect to you brother.
Thank you for the information ! made everything easy to understand ! going to take your knowledge and change my life
Hi Kris, Thank you! from Philippines! you have the best videos for real estate investing!
I’m 18 in real estate school I wish you were my teacher you’ve helped me so much with understanding real estate thank you for your videos !💕💕💕
Excellent video and knowledge you shared! Thank you Kris!
Thanks for another great video. I really enjoy your channel.
Many thanks for this simple break down Kris....
thanks for sharing the ideas. love watching your channel
Wow I just learn something new today, Thanks boss for really breaking down the formula
the fact that my practice exam asked the question exactly how you explained it i got the right answer!
Bro thank you. This helped tremendously
Woow we need this type of education in our lives,,,great teacher indeed...Thank you very much.
Awesome video! Thank you soooo much for making it.
I literally just didn’t know what equity was but heard people talking about it and i wanted to know so i looked it up and this was so simple
You made this so easy to understand, thank you!!
You're welcome!
Thank you so much for this informative detailed video. 👍🏽😁
Now I know what a home equity is! Thank you 👍
Great Video. I have a clear understanding of "equity". Definitely subscribing
O Ponce - Glad to heat! And glad to have you here!
Thank you so much for uploading this video.
Sure thing! Glad you found it helpful!
This was wonderful, thanks so much, new subscriber!
Wow this was very informative thx you sir for sharing
Thank you so very much for the clear, visual explanation!
You're welcome. Thanks for commenting!
omg you are so cool. I loved your video. I understand equity better now.
Thanks for the great content brother
Thank you, you made it clear!
Fantastic video, really. You expanded very well on what I had previously only assumed.
Thank you for the detail on what equity is. Subscribed.
+Friis Forge your welcome
Love your videos awesome explanations!!
Why Thank you!
My God, your videos are too freaking good
Thanks man this is great.
awesome vids man love yr energy
I’m 8 years old and this helped me so much! Thank you!
Never mind I’m sorry you answered my question on the next vid Thanks 🙏🏾
Lets goo buddyy you rock!!!
Its not like finding a treasure chest , its like borrowing a treasure chest lol
Borrowed or found a treasure chest is very valuable 😁
@u wot because that would imply we got the house for free. you still have to pay for it 😂
Thank you for making this so easy to understand! Equity is a buzzword I hear thrown around all the time and I never really got it until now. How does equity translate in a renting situation? Does it even apply? I'm hoping to buy someday but not quite ready to. Thanks!
Wow I learning something new 😢thanks so much
Great video! Very helpful. Thanks🙏
Awesome video. Thank you very much.
Thanks dude. This was helpful 👍
Doing schools work. Appreciate this
Love your videos am subscribed
This is amazing!
I adore this channel
Thank you for saying so!
Man, thank you so much.
Love it! Thank You
that’s how you teach. thank you
great content, and I did catch on fast ha. SUBBED
Awesome. Glad to hear!
joe lee please will you explain me how this works
Thank you! Liked and subscribed.
this guy should be teaching our kids i say that in the most positive way when i was in high school it was hard to stay enthusiastic when the facilitators didnt
This information is great, I'm 24, and married we are looking into our first home coming up real soon I hope to be able to do this so we can live comfortably. Thank you for the information.
You are welcome. Glad you enjoy this channel!
Thomas Cripe please tell me how this works.....i dont understand it clearly
Favorite videos to watch I’m turning 19! This summer and I’m trying really hard to learn all of this! Thank you for your videos!
Strategy is the key element to of a long term successful trading. The problem is that most traders/investors just want a strategy that works, whereas they forget the need for consistency. You can keep making wins at the beginning for a period of time and later you start making losses towards the end of the trading period or even at half-way. This result from little or no attention to the need for sustenance and consistency with the prevailing market structure and trading without comprising your initial investment. When you invest with David Hermen you will understand the importance of consistency with wins as regards trading online.. Trading on your own might not be suitable especially with less knowledge. All you need is an expert like Mr. David
How can I reach him please?
@@nunyabidness5508 He can be reached at Whasapp for professional assistance on account management
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I've made more than 78k since I started investing with Mr. David
He's really the man for the job. Tested and trusted!
Krohn you really awesome,educating and life changing, from Zambia... Please do a video on how to invest in public properties thank you...
great stuff man
Thank you so much Kris 🙏🏾🙏🏾🤔
Awesome. Thank you👍🏼
THANK YOU!!!!!!!!!!!
informative well taught,,
This is perfectly simplified
so brilliantly explained
Thanks Mitchell
Great video ❤
im 17 and planning to buy my first rental house at 18 :) thanks for all the tips
Thank you very much indeed 👍
I'm listening!
Thumbs up for teaching me this
Thank you sir
Thank you
This guy is a g, he made it so easy to understand. Thank you.
Glad you liked the video. Just yesterday I recorded a sequel to this video... Stay tuned.
calvin jordan how can i buy a home in 200k which is worth 300k k. And how can i sell that house if i had not the whole amount(300k).And why the seller will give me the house in less than the amount it worth???
calvin jordan please ,tell me how this works
it's hard to ascertain value, you just sell what u hope it's worth and look at market competitor prices
I am following your videos for the longest while now and I really do love them and I will like to partner with you.
Wow thank you so much!
You got me smiling Gd bro!!
I love you for this
Yes I will
Thanks!
Thank you!
I just closed on my first investment property: a studio apartment right in the city center (I'll stick with condos for now, things are a bit different here in Norway). Anyway, you helped me a lot getting my mind in the right place and analyzing deals for a good equity position. It can be a bit hard really knowing what a property is worth, but my best guess is that I walked into 16% equity with my first deal. And that's awesome because my downpayment is 15% ;)
So thanks a lot, Kris!
Awesome. Keep up the good work. Glad you enjoy the channel!
Awesome! How are you doing now? Do you own more property?
he commited suicid cause of all the debt
@@Andres_Alla how are YOU doing now do you own a property after watching this video??