Updated 2 days ago on . Most recent reply
Kris Krohn experience?
I have heard some buzz around Kris Krohn & RE investing. Does anyone have experience working with him and his team or know someone who has?
- Lindsey Jellig
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I got on a call with his team around 2022. Their program at that time cost $18,000. Theoretically you would partner with Kris and his team of "experts" would help you analyze a market, find a property, make offers, etc. All of this information you could find for free by networking and investigating the market and property yourself. The idea was to hold the property for around 7 to 8 years then sell it. They would take 50% of the equity from the sale (since they're handholding you through the process).
It's a very high pressure sales call. The guy kept saying, "I'm afraid you'll fail if you try to do deals on your own, etc" Then he tried to pitch me a less expensive program of $10,000. They won't take a polite no for an answer so I had to be really firm and tell him, "NO. I'M NOT INTERESTED" (almost yell at him) then I hung up.
If you look up his name, he was involved in some type of SEC investigation.
I wouldn't pay any money to any of these social media gurus for any coaching/mentorship/partnership program None of these gurus can guarantee any of their claims and they aren't going to refund your money if you don't do a successful deal. Use the $18k towards part of a down payment on a property or adding value to a current property.