Why You Should Buy a Home in Your 20s

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ความคิดเห็น • 275

  • @olivianichole288
    @olivianichole288 4 ปีที่แล้ว +317

    Guys dont let people use your age or gender to discourage you from investing or learning about real estate. Im 22 and people always think they can tell me what i can and cant do. My mom always says I'm never gonna amount to anything unless I go to college and work a job till I'm too old to enjoy retirement. Educate yourselves....the schools have failed us.

    • @carolynhawkins7196
      @carolynhawkins7196 4 ปีที่แล้ว +3

      Kris gave out his cell in his other video. You should text him that- it was 385-217-3477.

    • @rosendozamora8073
      @rosendozamora8073 4 ปีที่แล้ว +1

      Thanks for this

    • @TCheckDaDon
      @TCheckDaDon 4 ปีที่แล้ว +3

      FACTSSS PREACH!!!!!

    • @benb3799
      @benb3799 4 ปีที่แล้ว +14

      Why go to college and become in debt while having no income for four years ? Go straight to work and start building wealth

    • @Chris-rt7ph
      @Chris-rt7ph 4 ปีที่แล้ว +3

      Ben B that part

  • @yu4233
    @yu4233 4 ปีที่แล้ว +195

    The driver rethinking his whole life

  • @TRIGERHAPPY561
    @TRIGERHAPPY561 4 ปีที่แล้ว +205

    Very inspiring! I just bought my first house at 22

  • @angus5320
    @angus5320 4 ปีที่แล้ว +81

    Haha, the new owners of his first house would be like, “why is this strange person always in front of ours house?”

  • @EatinBulletsForDinne
    @EatinBulletsForDinne 4 ปีที่แล้ว +61

    "They dont want to delay gratification" well said👍👍

    • @carolynhawkins7196
      @carolynhawkins7196 4 ปีที่แล้ว

      Kris gave out his cell in his other video. You should text him that- it was 385-217-3477.

  • @christianruano2761
    @christianruano2761 4 ปีที่แล้ว +33

    “I’d rather risk it all and I’d rather loose it all and have just a little chance” oof 🔥

  • @KaylaCauldron
    @KaylaCauldron 3 ปีที่แล้ว +10

    Was just pre-approved for a mortgage today at 23. My friends think I’m crazy but I know I’m not, just trying to escape the rat race :)

  • @islamsahat8969
    @islamsahat8969 3 ปีที่แล้ว +9

    I am 19 and about to buy my first house !! Hopefully by my 30 I will have 10 houses 🏡

  • @mento5090
    @mento5090 3 ปีที่แล้ว +10

    you feel the excitement rushing in, this how we should feel. we should wake up every morning not having to worry about anything go anywhere we want and take a vacation whenever we want. we should all be financially free.

  • @krillgaming4044
    @krillgaming4044 4 ปีที่แล้ว +27

    All I can say is that your an absolute genius. What you just showed us is how smart you are and how easy it is if you are determined. Keep up the great content

    • @carolynhawkins7196
      @carolynhawkins7196 4 ปีที่แล้ว

      Kris gave out his cell in his other video. You should text him that- it was 385-217-3477.

  • @diwashchhetri57
    @diwashchhetri57 4 ปีที่แล้ว +45

    I am 18 years old from Nepal (land of Mt.everest).I have been watching ur videos or I would say gaining financial education since 5/6 months .learning a lot a lot from You sir .I am confident on capitalising these things by next year .Thank you for providing shape to my mind🙂🙏

    • @adamdupes2574
      @adamdupes2574 3 ปีที่แล้ว +2

      You better have a credit card if you haven't go get one spend 20 a month you will probably get 750 above credit score in 12 months

  • @joshphares3332
    @joshphares3332 4 ปีที่แล้ว +11

    Videos are move to another level this year

  • @jonathanpabon4477
    @jonathanpabon4477 2 ปีที่แล้ว +4

    This just opened up my eyes to how easy everything can be

  • @ChesterAyos
    @ChesterAyos 4 ปีที่แล้ว +10

    I am 22 and about to purchase my very first house. Thanks for the great advice

  • @jussaracamacho4343
    @jussaracamacho4343 4 ปีที่แล้ว +18

    I love this video. I'm so excited for for the future holds for me. That will be me in 2 years.

  • @christiancruz4079
    @christiancruz4079 4 ปีที่แล้ว +5

    Following the advice got me into my first house/rental property at 23.

    • @gman955
      @gman955 3 ปีที่แล้ว

      Congrats Christian, how's that been going as of lately? I ask because of the pandemic situation and all it's all so interesting to see how that is affecting the real estate market

  • @PreciousAtulaegwu
    @PreciousAtulaegwu 6 วันที่ผ่านมา

    This video should have a million views, it's entertaining and full of value🎉

  • @JMtvCanada
    @JMtvCanada 3 ปีที่แล้ว +6

    Pray for me friends. I just bought my first rental property. The possession date will be on January 18, 2021.

    • @muradaziz9555
      @muradaziz9555 3 ปีที่แล้ว +4

      How are you doing

    • @heatwave3051
      @heatwave3051 3 ปีที่แล้ว +2

      How’s it going so far

    • @yaig1134
      @yaig1134 2 ปีที่แล้ว +1

      How’s it going budd?

  • @TheFasterFreedomShow
    @TheFasterFreedomShow 4 ปีที่แล้ว +91

    Buy a home to live in in your 20s.... and then buy 25 more to rent out!

    • @masteroogway3055
      @masteroogway3055 3 ปีที่แล้ว

      It can be difficult if you move from another country

  • @justinforcier5892
    @justinforcier5892 4 ปีที่แล้ว +22

    Can you make a video on the taxes of renting out homes?

    • @andyvaughan7220
      @andyvaughan7220 3 ปีที่แล้ว

      Absolutely, he hasn’t spoken about tax from the income

  • @hollymiller2904
    @hollymiller2904 4 ปีที่แล้ว +10

    I love your information!! Been watching for a couple years and finally pulling the trigger! Analysis paralysis is real! Kris keep up the awesome videos!

  • @user-no6qf7gj3w
    @user-no6qf7gj3w 5 หลายเดือนก่อน

    For youngs guys like me, this kind of chanells are changing our life, and are preparimg us to have a greate future. Thanks for this amazing videos you are changing my life on a good way and thanks to you a new milloner is coming.

  • @neverstopskateboarding8243
    @neverstopskateboarding8243 3 ปีที่แล้ว +4

    Howd you build your current house for 500k less and not cut corners? Would love a video on constructing a home with it being an asset in mind!

  • @chinemeremnsofor640
    @chinemeremnsofor640 4 ปีที่แล้ว +50

    I've learnt a lot from you and I think I'm going to give it a shot 🙂

    • @carolynhawkins7196
      @carolynhawkins7196 4 ปีที่แล้ว

      Hey! Kris gave out his cell in his other video. You should just text him that- it was 385-217-3477.

    • @kingbanks9031
      @kingbanks9031 4 ปีที่แล้ว +2

      Carolyn Hawkins negative.

    • @tpriest2030
      @tpriest2030 4 ปีที่แล้ว +1

      No bap

    • @xyl0n_zz60
      @xyl0n_zz60 3 ปีที่แล้ว

      @@tpriest2030 No bap

  • @CorbinParker32
    @CorbinParker32 3 ปีที่แล้ว +2

    You still have to pay $8 shipping and handling for the book. It’s not free.

  • @sushant3742
    @sushant3742 หลายเดือนก่อน

    Bro I have watched many of your videos all were helpful but this one is a banger cause it explains everything in detail my dought are bit more cleaed

  • @joshuaire
    @joshuaire 4 ปีที่แล้ว +6

    Just bought a house as a teen without financial support, on to the next 🏏

  • @dr.jaredholthaus7792
    @dr.jaredholthaus7792 2 ปีที่แล้ว +1

    Love this guy. His energy is contagious. Pumped to get the ball rolling.

  • @jannamacdonald5059
    @jannamacdonald5059 7 หลายเดือนก่อน +1

    I don’t understand why he’s not talking about all the expenses and the time it takes running around fixing all the rental issues ?

  • @sandisiwenkomba8346
    @sandisiwenkomba8346 3 ปีที่แล้ว +1

    I feel like you have a strong attachment to the first house you bought and granted it was your first. i guess the lesson is to pick the right one. That you will always be proud of.

  • @PhilipVlogsMD
    @PhilipVlogsMD 4 ปีที่แล้ว +6

    You are an inspiration

    • @harryl6274
      @harryl6274 4 ปีที่แล้ว

      That’s the idea 😂

  • @lastking3744
    @lastking3744 4 ปีที่แล้ว +3

    U are actually a inspiration, I try ur class but I not 18 yet but I am following your footsteps, keep it up

  • @giannidimetrio7122
    @giannidimetrio7122 17 วันที่ผ่านมา

    You are very lucky in the states, because I live in Europe, and I assure you that as I see it you have much higher salaries, and it is easier for you to invest in real estate.
    I know people who have already tried, the facts most of them have moved to Florida, because in our countries there are laws that do not allow you to do your job properly.

  • @boblangworthy
    @boblangworthy 4 ปีที่แล้ว +1

    This is your best video. Everyone under age 30 should watch this.

  • @Plagius8
    @Plagius8 3 ปีที่แล้ว

    This is on my fav list. It brings tears to my eyes.
    Luck???? Chance favors the prepared mind.

  • @peipeicrapse709
    @peipeicrapse709 3 ปีที่แล้ว +7

    Hi Kris, I am glad I found your videos! I also live in Utah. Bought our first home at 22 and have been investing more since then. Just wondering how do you manage your properties from the beginning?

  • @caelumwalsh5582
    @caelumwalsh5582 3 ปีที่แล้ว +2

    i honestly wish i could have a mentor right now i am 18 and i want to get started with real estate investing just dont know where to get started

  • @thyamazinggametit9962
    @thyamazinggametit9962 2 ปีที่แล้ว +1

    I'm hopefully gonna be buying a house when I'm 19, got a town and a job that I'm willing to put years into

  • @DesperationLasts
    @DesperationLasts 2 ปีที่แล้ว

    I'm 31, but still relevant. It's never too late to improve your situation.

  • @Lewieo
    @Lewieo 4 ปีที่แล้ว +3

    More more more stories , how do we actually execute ???

  • @gopherlee9427
    @gopherlee9427 4 ปีที่แล้ว +1

    I have always been interested in real estate not limited to America though. My goal is to become the black international Kris Krohn. I want to own rental property in at least 11 different countries. Australia, New Zealand, Namibia, Saudi Arabia, Japan, USA, Uk, Canada, etc.

  • @cosgrave8923
    @cosgrave8923 4 ปีที่แล้ว +37

    I wonder what the limo driver is thinking?

    • @yu4233
      @yu4233 4 ปีที่แล้ว +3

      He feels poor

  • @DipaloLad
    @DipaloLad 4 ปีที่แล้ว +1

    Honestly your videos always lure me in and give me something new to process each time towards my futur and thinking bright

  • @jacobpeguero4115
    @jacobpeguero4115 4 ปีที่แล้ว +26

    these guys talk like they didn’t benefit from the 2012 housing crash. it would be significantly harder to do what they did now.

    • @TheTittyConnoisseur
      @TheTittyConnoisseur 4 ปีที่แล้ว +11

      This guy is like 40 years old and he said he bought the first 25 houses by 26 which is 2002-2006, right up until the bubble so idk what you're talking about dude

  • @TheMFStudios
    @TheMFStudios 3 ปีที่แล้ว +4

    Ok but how do you get approved for a second home and the third?

  • @aurafangz3635
    @aurafangz3635 ปีที่แล้ว

    15 years of age (have the attention span of a child) and actually payed attention, he is awe inspiring.

  • @ramjikolappanv6693
    @ramjikolappanv6693 4 ปีที่แล้ว +7

    I have watched most of your videos like How to/ When to begin Real Estate. It motivates me a lot but I have a question... Whether your ideas, strategies, etc. are applicable in other countries?

    • @TeenTornado
      @TeenTornado 2 ปีที่แล้ว

      Well um the expsense are way different and banks are also diff in other countries but the strategy is same , just need to know how to apply in properly in your country

  • @jacobyounkman
    @jacobyounkman 2 ปีที่แล้ว

    Just started watching your videos and I can't tell you how much ive learned from you.. Thank you and now subscribed.

  • @rogeliotrego9719
    @rogeliotrego9719 ปีที่แล้ว

    My only problem on watching all these vids is how they build up the equity so fast??

  • @tooltrader2009
    @tooltrader2009 2 ปีที่แล้ว

    I bought a couple of houses and then I had tenants and then I sold the houses after my experiences with the tenants.

  • @solascriptura-e7t
    @solascriptura-e7t 4 ปีที่แล้ว +7

    First?
    Probably not
    Regardless,
    it would behoove people of all ages to look for opportunities in the RE market.

  • @stealthtrades2312
    @stealthtrades2312 4 ปีที่แล้ว +8

    I got my mentor!
    Congrats to me

    • @RaysOfPivot
      @RaysOfPivot 4 ปีที่แล้ว

      Congrats to you! Huge steps!

    • @tcd12345
      @tcd12345 3 ปีที่แล้ว

      How?

  • @genessymendoza4066
    @genessymendoza4066 3 ปีที่แล้ว

    Thank you for clarifying the term of hustle and confidence HELOC again thank you

  • @traciamaro3006
    @traciamaro3006 4 ปีที่แล้ว +3

    I bought my home when I was 19!!!! ❤️

  • @allisonbates2026
    @allisonbates2026 4 หลายเดือนก่อน

    How do you deal with maintenance issues, increasing insurance and HOA costs, bad renters, etc? Please help

  • @Illsverront
    @Illsverront 3 ปีที่แล้ว

    4 and a half years! Wow man this so inspiring!

  • @adityagurung017
    @adityagurung017 4 ปีที่แล้ว +1

    Can you tell us more about how you cut price while making the house and how the equity gonna grow...

  • @VictorSoriano164
    @VictorSoriano164 4 ปีที่แล้ว +4

    Hey kris what kind of contract did you make when you rented out your homes

  • @Hollyweed1
    @Hollyweed1 2 ปีที่แล้ว

    Thanks Kris. You provide very valuable information. 🙏

  • @tandong6901
    @tandong6901 ปีที่แล้ว

    Great video thanks so much I really do appreciate it. I have a question, what if I don't buy the building, but instead, I build the building from scratch, will that be a wise investment in real estate?

  • @byronsac3915
    @byronsac3915 4 ปีที่แล้ว

    Kris will you ever make another video on the Propstream software it’ll be awesome THANK YOU!!

  • @lilarmybro50
    @lilarmybro50 2 ปีที่แล้ว +1

    How long after buying a house do you pull an equity loan from it to buy another house?

  • @LorinaJWeiya
    @LorinaJWeiya 4 ปีที่แล้ว +1

    You inspire me greatly....

  • @arivass1154
    @arivass1154 3 ปีที่แล้ว

    So many lessons in this video.

  • @willingtonannor4459
    @willingtonannor4459 3 ปีที่แล้ว

    I love this video it's a nice tour

  • @lauributt8023
    @lauributt8023 4 ปีที่แล้ว +2

    Hello you're an inspiration and a role model, do I need to attend to any school and earn any estate certificates to do this????

  • @apple2023
    @apple2023 3 ปีที่แล้ว

    I like this guy but in another video he says this particular house cost 800 a month in mortgage, and the basement brought in 500. Still very cheap and a great idea, but the 500 didn't cover the mortgage.

  • @josephamanga678
    @josephamanga678 3 ปีที่แล้ว

    Hey Kris,
    All your advices are so helpfull. I'm planning to return to France where i came from and my dream is to own houses. Can i have some of your Books to help me to start ?
    Thanks you do much in avance 🙏🏾🙏🏾

  • @sammycerron6431
    @sammycerron6431 4 ปีที่แล้ว +6

    Imagine the family’s renting the home watching this 👁👄👁

  • @JamisonLong
    @JamisonLong 2 ปีที่แล้ว

    Can you buy homes in multiple states at a time like
    CA, AZ, TX

  • @krisp2219
    @krisp2219 4 ปีที่แล้ว +1

    3k a month would suffice for me. I’m at $700 a month right now. With rentals.

  • @cjleongson
    @cjleongson 3 ปีที่แล้ว

    Hey Kris how to actually crunch the numbers in building your home and make it and investment still? And like get equity

  • @ozd5812
    @ozd5812 3 ปีที่แล้ว

    I like your life style Chris

  • @josephcollins6283
    @josephcollins6283 4 ปีที่แล้ว +1

    This inspires me

  • @fridadhs807
    @fridadhs807 3 ปีที่แล้ว +1

    Which state is this? I want to move there! I love the mountains

  • @marcmini8137
    @marcmini8137 4 ปีที่แล้ว

    loved the video!

  • @wale5109
    @wale5109 3 ปีที่แล้ว +1

    Funny, because I'm 20 years old, wondering and planning If I should buy a home.

  • @xiowoo9999
    @xiowoo9999 3 ปีที่แล้ว +1

    25 homes worth 1.6 mil, meanwhile one bedroom flat here in Switzerland costs 500k+ and min down payment is 20%...Guess that's why they call it American dream and not Swiss dream

    • @jtowensbyiii6018
      @jtowensbyiii6018 3 ปีที่แล้ว

      most houses in any cities worth living in cost 500+ in the usa also, dont forget america is massive, california alone is bigger than almost every other country

  • @astrahl
    @astrahl 4 ปีที่แล้ว +1

    I tried to get the book but none of the links work. They just keep saying to text him and stuff. Did anyone else get it?

  • @yopierree
    @yopierree 4 ปีที่แล้ว

    Love the information

  • @bgwbrowder7777
    @bgwbrowder7777 4 ปีที่แล้ว +1

    How about if you're 60+ now, what do you do?

  • @nnekaoa9234
    @nnekaoa9234 3 ปีที่แล้ว

    wish I knew this 20 years ago..no problem..will make it happen...faster

  • @antiochaldo6299
    @antiochaldo6299 2 ปีที่แล้ว

    Amazing video

  • @ohmzen9695
    @ohmzen9695 3 ปีที่แล้ว +1

    How about talking about all the Bad renters and people that destroyed your houses.. Cost of fixing problems? what happens when you can't find a renter? What happens when Covid hits and they don't pay the rent? Law says you can't kick them out? What now?

    • @deedee1525
      @deedee1525 2 ปีที่แล้ว +1

      Thanks, Ohm Zen. These are the very questions I have!! Where are they addressed?

  • @MobiFlames
    @MobiFlames 3 ปีที่แล้ว +1

    Can it work in India

  • @leonelvelazquez9224
    @leonelvelazquez9224 4 ปีที่แล้ว +6

    One day ill quit my job with enough income like you Kris! And my bosses name is Aaron too!

  • @Mohamed-fl9uv
    @Mohamed-fl9uv 3 ปีที่แล้ว +1

    Forget about the Limo driver, what about the cameraman!

  • @redemptiontai7113
    @redemptiontai7113 4 ปีที่แล้ว +1

    I want to buy myself a hous ehwilst in young but in 16 and dont know if i ahould get a job go to uni.....or what 😊 any advice would help😍

  • @camschroath
    @camschroath 4 ปีที่แล้ว +27

    "Taking no risk is how you're guaranteed to fail and lose"
    That's a loaded statement lol

    • @avega2792
      @avega2792 2 ปีที่แล้ว +1

      It’s true.

  • @danielsoto2667
    @danielsoto2667 4 ปีที่แล้ว

    very nice very nice Kris!

  • @hinaihinai7103
    @hinaihinai7103 4 ปีที่แล้ว

    Impressive work ...

  • @Daybara
    @Daybara 2 ปีที่แล้ว

    I'm 27 trying to pay my house off! I want to understand what you are saying! :D

  • @reggiecrouch555
    @reggiecrouch555 3 ปีที่แล้ว

    12:30 put it all in perspective.....

  • @Gagdvffg
    @Gagdvffg 3 ปีที่แล้ว

    Ahhh great now I need to find a mentor

  • @jop7479
    @jop7479 3 ปีที่แล้ว +1

    Aoron was like "where or who gave this man the blue pill".😂

  • @shadowz6666
    @shadowz6666 3 ปีที่แล้ว

    so if he sold all of his homes would he get 1.6 million outright ? because wouldn't he have to pay back the bank the original loan plus interest which leaves him with a profit of lets say 30k for each home can someone explain this to me please it would be really helpful.

  • @parnianvalizadeh934
    @parnianvalizadeh934 4 ปีที่แล้ว +1

    Is it legal to put your shoes where water bottles are kept?

  • @willingtonannor4459
    @willingtonannor4459 3 ปีที่แล้ว

    Love u man

  • @cxnnon
    @cxnnon 4 ปีที่แล้ว

    Kris can you give me some advice on how you go to where your at Rn. I’m going to be 18 in a couple weeks N was wondering if you can give me some pointers because someday I wanna be a winner like you Man

  • @khorymontes4598
    @khorymontes4598 4 ปีที่แล้ว +1

    Same people don’t have that option