Limitless Kris Krohn
Anyone here on BP have any experience investing with Kris Krohn in Utah from Limitless TV on YouTube? He seems to be legit, pushes the lease option program a little heavy, but has tons of good info available online. Just wondering if anyone has any positive or negative experiences working with his team. Company is called Strongbrook I believe.
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To partner w KK and his team, its $10k to $25K to join his partnership program (he has 3 levels) then $2K to $5K Acquisition Fee Plus the 50% equity split per property. So maybe ends up being 10% to 12.5% annual for the passive partner. (Don't forget to split the 20% to 25% K shows by 50%)
His minimum expectations are:
- 20% Annual Net ROI Per Property Per Year
- 8-12% Cash on Cash ROI Per Property Per Year
- Average Value of Properties $150,000.00
- Average Down Payment on Properties $30,000-$60,000 (range between cash flow markets and growth markets)
- Coordination Fee Per Property of $2,000-$5,000
- SWAN Account Formation of $10,000 For The First Property and $5,000 Per Property After That (Sleep Well At Night Account)
- Minimum Duplication of Portfolio: Double Your Portfolio Size Every 5 Years