Is Kris Krohn legit or another guru just scamming people out of their money, giving them false hope? Haven't found many reviews.

I actually have a phone meeting with them tomorrow. PM If you want to know how that went.

I have been watching Kris on YouTube for sometime now. Here is my assessment. His story At a young age -and despite having several siblings- he felt impressed that he was going to need to take care of his parents when they were older, so he went forward with that mission in mind. He went to BYU with the intention of becoming a doctor, but did poorly in chemistry which would be required as a prerequisite for medical school. He was married and struggling to make ends meet. Krohn often sites an experience where he came home one night and his wife mentioned to him that they didn't have enough money for groceries for her and their new child. This was all amidst conversations of divorce with his wife. Realizing that he wasn't going to make it in the medical field he sought out alternative careers. Kris listened to the advice of someone several steps ahead of him life (who I think belonged to the same church as him). This 'mentor' suggested that he continue working his crappy day job in a call center all the while being a full time student. The reason for this advice was so he could qualify for a home loan. This is good advice for many. One day while driving he randomly saw a 'for sale' sign on a home. Again feeling inspire he went forward knowing that he needed to purchase that home, which he did. Kris tells the story about how he grabbed a clip board he had lying in his car and walked up to the door not knowing anything about purchasing a home. The grumpy old lady selling the home gave him a tour of the place and after walking through he made an offer for a few thousand dollars below the asking price. The lady declined sternly, at which point Kris said he would purchase the home at asking price. It was convenient for him because asking price was below market value and the home had a basement apartment, which he rented out after purchasing. The renter paid for his mortgage and he was essentially able to live in the house for free. From there he basically went from one door to four in the space of a couple of years, mainly to due to a combination of house hacking, saving and home equity line of credits. After seeing the type of returns he was getting in real estate his father in-law decided to make him a partner and (through private money) he was able to be the owner of ~25 properties. Once he reached this point he no longer needed to work a 9-5 to provide for his family. He retired at 26 (one year out of college) and after a spending sometime traveling he decided that a life without fulfilling work was a life without purpose. Kris now has a strong desire to teach other people how to become financially free through win-wins in real estate. He feels like the best way to do this is with rent-to-owns. He feels emotionally attached to people who have had to hustle for a few years working a crappy job and building up credit because that is what he did. Rent-to-own is great because it mean the person selling the house can charge more and not have to pay for a property manager, plus the buyer can get a home before they have a good enough credit score and/or the money for a down payment. Win-win's are important to Krohn and he feels that an ethical business must include this type of win-win to be worth while. Through the use of private money, and rent-to-owns, he has built a real estate empire of hundreds of single family properties and he is working to make limitless a billion dollar business. How he makes money Aside from the rent-to-own properties, he is constantly selling and renting. He also has a course about how to acquire private money. He is very qualified to teach this as he actually did it. He is well beyond the standard allowable conventional loan limit and uses the best means possible (private money) to continue to fund his single family real estate investments in several markets around the United States, some for cash flow and others for appreciation. Krohn is also a motivation speaker and often filters people towards his Limitless conference, in Utah. I watched an hour of one of his speeches from that conference last night. It definitely is more mind set than it is real estate investing tips, but it was never commercialized as such. Krohn truly is a business man and actually purchased the conference center that he speaks in. This saves him quite a bit on conference fees, and helps him generate even more passive revenue for anyone else looking to use the conference center at other times of the year. Kris is actually quite inspiring and has a few pretty cool stories, like when he saved his sister from a rip tide in the ocean. Kris is a part of at least one MLM, but that doesn't seem to be his main source of revenue. I have never actually heard which MLM he is a part of because he doesn't mention it nearly at all. It seems Kris cares far more about helping people have mental shifts and re-framing negative situations than he does spamming relatives on social media about why they need to be apart of his down line. From what I can see MLM's are insignificant compared to his passion with real estate and key note speaking. My bias opinion Kris is awesome! Sometimes I listen to him on Youtube just so I can have a better day. I would love to work with him in anything he does because he has the highest amount of integrity and he honestly seeks to improve everyone's life that he comes in contact with. He has a work ethic and a go and do attitude. This guy is going places! Kris will raise other people up with him as he grows. He will often invite people to pay for a course or attend a conference, but I am not opposed to this. I think he provides value to the people he teaches, not only that but from my experience I have seen that unless people have some skin in the game (paying money) they don't take the knowledge they learn seriously. If you are someone starting out, maybe in college or high school, Kris will be the best thing to ever happen to you. If you are someone with a few properties under your belt seeking for more real estate specific knowledge some of the books on bigger pockets might be a more economical way to obtain real estate specific knowledge. Regarding youtube videos, I would say Phil Pustejovsky technically has more real estate specific knowledge he is giving away for free online than Kris does. If I had to chose who to be mentored from regarding property management or house flipping I would probably pick Phil, just because he has been deeper in the trenches. Kris has mostly just hired other experts to deal with the day-to-day tasks so he can focus more on the high level stuff, which may be why he will have a larger net worth than Phil. If I had to pick who I would give my money to as an investor I would pick Kris 100%. Phil is looking for people who he can mentor and split profits with whereas Kris is just investing other peoples money in a proven system. Kris just isn't in the market of teaching people how to contact vacant property owners by looking them up on the county records. If that is what you want than you aren't looking in the right place. He is more in the market of getting people in rough spots in life into their first home or helping them reverse engineer there goals and then helping them achieve them. Like anyone looking for a mentor, its important for a noobie to find someone you have common interests with and has a vision that you can support. Kris would be a great mentor for me, because we have common values and interests, but he may not be a good fit for others. Long story short you have to know where you are going before you ask someone else for directions.

I can’t hold out any longer without sharing my feelings on working for Kris Krohn and his limitless money pit brand. In the beginning I will admit that I gained a lot from watching Kris Krohn’s content on YouTube. I was about to make my second realestate deal and watching Kris’s content free on YouTube may have given me the confidence to move forward on a deal at the time. Over the next few months, end of 2017, I begged to work for Kris. He seemed like the guy to be in business with from watching all of his videos. Kris was just in the process of building out a new sales group for his Limitless brand and I wanted to be involved. Finally in mid 2018 I was offered a 1099 position on his sales team. After my day job I would make calls and close deals for Kris’s online classes and seminars held in Provo, Utah. I began to question the value in the offerings which I was selling. What was Kris doing to make these classes worth hundreds to thousands Of dollars and access to him worth upwards of 10K -100K or more? I justified the high prices in my mind because Kris seemed to really care about people and it seemed there was so much abundance in his offering that profits would follow no matter the size of the investment made. I learned over time that what Kris really does is sucker people into giving him as much money as he can squeeze from them. The 100% money back guarantees are a joke aswell. I don’t know of anyone personally who put the effort into getting the money back guarantee because it’s designed to be an almost impossible process. If his client finally pays enough to qualify to do a deal with him, the investor must pay all of the money for the deal, have all of the credit, and take 100% of the risk to then forfeit over to Kris Krohn 50% of their investment and gains. His Tony Robbins inspired seminars are really just a platform for people to get emotionally charged into giving him even more money. Kris has scamming down to a science. I promise that with a bit of research online you can make an investment without Kris on your own way more profitably than you can with him. You can’t give up 50% of the deal and take on 100% of the risk and consider yourself a real investor. Kris says he plans to donate all of his money to charities but I’ve seen him turn on people and rip people off to the point that I can’t believe him there either. My opinion, go to Tony Robbins or your choice of speaker If you are looking for a high energy motivational seminar. Use bigger pockets and other free online content to educate yourself but don’t give Kris a dime of your hard earned money just because he pretends to care about you. I put an honest effort into his system and he heartlessly screwed me over too. Please take my word for it and avoid getting entangled into his network of half truths, lies, and greedy ambitions.

They charge 50% of net profit they pick the deals you put up all the money. They setup the llc in their name, make you a partner and keep half of the depreciation. They promise 10% cash flow for your half, so total deal is 20% cash flow. Personally I feel uneasy not owning the llc. and only getting half the depreciation while I put up all the money doesn’t seem like a good deal.

Kris’s lease option program is probably the biggest scam he offers. I’d bet over 99% of people who learn about it in his system fail at it and It costs $1000 or more to get started. Look up seller financing agreement and combine in with a purchase option agreement. Do each of those agreements with the buyers and sellers and you’ve got a “lease option” That’s all Kris’s program teaches. Many states have laws against it and you run the liability and risk of pissing buyers and sellers off as the middle man. You have to do lots of damage control in that buisness and be a strong negotiator. There is no special magic sauce to what he is doing. Also, Kris likes taking 50% profits from his “investing partners” he hasn’t really made much of his money really doing seller financing deals from what I gather. Lease option in my opinion is just a gimmick to get your money and get you to his events. If you spend even a bit of money to get his book shipped out to you, your likely to continue opening up your wallet again and again until Kris owns half your net worth! It’s Luda-kris! See what I did there? 😂 Just trying to help y’all out

He is putting in the work to find a mentor, he’s on BP asking. If anyone goes to a “guro” looking for a mentor you talk about them and if anyone goes on BP looking you talk about them. If your looking for a REI mentor go to your local meetings or look on Craigslist I hope you succeed . There’s enough to go around for us ALL, sometimes we forget that!!!!

Kris Krohn - Is This Mentor Full of it or Legit?Kris Krohn

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Kris Krohn - Is This Mentor Full of it or Legit?

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