All Forum Posts by: David Kitchen

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:

1. 20% Annual Net ROI Per Property Per Year
2. 8-12% Cash on Cash ROI Per Property Per Year
3. Average Value of Properties $150,000.00
4. Average Down Payment on Properties $30,000-$60,000 (range between cash flow markets and growth markets)
5. Coordination Fee Per Property of $2,000-$5,000
6. SWAN Account Formation of $10,000 For The First Property and $5,000 Per Property After That (Sleep Well At Night Account)
7. Minimum Duplication of Portfolio: Double Your Portfolio Size Every 5 Years

Originally posted by @Grace Suchyna:

Victor,

The strategy Kris teaches us to use is purchasing with a 50/50 LLC partnership. You would be the active business partner doing the work, your partner would put down the money and credit to finance the home. You split all profits 50/50. You aren't loaning from your partner at all. You go in with the expectation of selling or refinancing 5-7 years down the road and doubling the portfolio.

Kris has a massive amount of influence that he has built over the years. He could build that kind of income so quickly because of his track record and number of contacts he has. He has inventory lined up and ready to be rented. The system is repeatable, and he has the team to do all the work of buying and managing properties in the best markets around the country. He just needs partners.

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:

1. 20% Annual Net ROI Per Property Per Year
2. 8-12% Cash on Cash ROI Per Property Per Year
3. Average Value of Properties $150,000.00
4. Average Down Payment on Properties $30,000-$60,000 (range between cash flow markets and growth markets)
5. Coordination Fee Per Property of $2,000-$5,000
6. SWAN Account Formation of $10,000 For The First Property and $5,000 Per Property After That (Sleep Well At Night Account)
7. Minimum Duplication of Portfolio: Double Your Portfolio Size Every 5 Years

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:

1. 20% Annual Net ROI Per Property Per Year
2. 8-12% Cash on Cash ROI Per Property Per Year
3. Average Value of Properties $150,000.00
4. Average Down Payment on Properties $30,000-$60,000 (range between cash flow markets and growth markets)
5. Coordination Fee Per Property of $2,000-$5,000
6. SWAN Account Formation of $10,000 For The First Property and $5,000 Per Property After That (Sleep Well At Night Account)
7. Minimum Duplication of Portfolio: Double Your Portfolio Size Every 5 Years

Reading another post on here, I saw this.... "Originally posted by @James Mc claren: whatever you want to say about Kris I am going to be honest his lease options are not for newcomers. You will need 20k some solid credit and patience to get anywhere with them. But if you can get 100K and partner with Kris you will be a millionaire in 3 years and soon earn 250k a month passively. I know people that went from 0 to 100k a month in a year but they didn’t sit around crying on BP threads. Kris can change your life but only if you change it first and that means getting your *** off the couch and getting some deals." I'll be the first to admit, if I can bring $100K to the table and turn it into $250K PER MONTH in only 3 years or shortly after, I'M IN ALL DAY LONG!!!! Thought I would share this for anyone who runs across this post and was vetting KK like I am. This game plan comes directly from one of his personal assistance with me stating I can start with $200K. "Minimum Expectations Of The Partnership: Legally within the United States an individual cannot promise or guarantee any returns on investment. With that being said the KK team has put together minimum expectations that each partner can comfortably have when they research and partner with KK. These minimum expectations are based off of a 15 year track record and over 4,000 single family homes being managed by K and his team. Those minimum expectations are as follows: 1.20% Annual Net ROI Per Property Per Year 2.8-12% Cash on Cash ROI Per Property Per Year 3.Average Value of Properties $150,000.00 4.Average Down Payment on Properties $30,000-$60,000 (range between cash flow markets and growth markets) 5.Coordination Fee Per Property of $2,000-$5,000 6.SWAN Account Formation of $10,000 For The First Property and $5,000 Per Property After That (Sleep Well At Night Account) 7.Minimum Duplication of Portfolio: Double Your Portfolio Size Every 5 Years Partnership Programs (Levels): Currently K has three partnership levels that clients can choose from to begin their investing journey. Each level receives the same amount of mentorship, education, tools and support, but each level gives you more or less access to the amount of down payments (starter home investment properties) you can have in your portfolio with K. The duplication of the real estate portfolio is included in each of the three properties, but the amount of capital and homes you can purchase differs from one level to the next. Here are the three levels. The Platinum Partnership ($9,997.00 Upfront One Time Membership Cost) The Platinum Partnership is the entry level partnership which gives individuals access to this system and working side by side with KK and his team in a real estate portfolio. The level gives you access to purchasing 2 starter homes with KK. The minimum projection of growth within this partnership level without adding anymore capital would go as follows: Year 1 - 2 Properties, Year 5 - 4 Properties, Year 10 - 8 Properties. The Diamond Partnership ($14,997.00 Upfront One Time Membership Cost) The Diamond Partnership is the middle level partnership which gives individuals access to this system and working side by side with KK and his team in a real estate portfolio. The level gives you access to purchasing 5 starter homes with KK. The minimum projection of growth within this partnership level without adding anymore capital would go as follows: Year 1 - 5 Properties, Year 5 - 10 Properties, Year 10 - 20 Properties. The Unlimited Partnership ($24,997.00 Upfront One Time Membership Cost) The Unlimited Partnership is the middle level partnership which gives individuals access to this system and working side by side with KK and his team in a real estate portfolio. The level gives you access to purchasing an unlimited amount of starter homes with KK. The minimum projection of growth within this partnership level without adding anymore capital would go as follows: Year 1 - 7 Properties, Year 5 - 14 Properties, Year 10 - 28 Properties." David

Thank you past investor Alena Ericksen and former employee/"1099er" Tyler Robinson for sharing your experience. One specific post jumped out at me. Originally posted by @James Mc claren: whatever you want to say about Kris I am going to be honest his lease options are not for newcomers. You will need 20k some solid credit and patience to get anywhere with them. But if you can get 100K and partner with Kris you will be a millionaire in 3 years and soon earn 250k a month passively. I know people that went from 0 to 100k a month in a year but they didn’t sit around crying on BP threads. Kris can change your life but only if you change it first and that means getting your *** off the couch and getting some deals. Screen Name James Mc claren, So after one would pay Kris any where from $10K to $25K to join the partnership program, PLUS $3 to $5 acquisition fee PER PROPERTY, PLUS the 50% equity split, you are stating someone who brings $100K in addition to what I just mentioned will in 3 short years become a millionaire and then that $100K will turn into 250 THOUSAND PER MONTH passive cash flow??? BY ALL MEANS.... PLEASE EXPLAIN!! David

Mike,

sent you an email.

Currently, Kris Krohn of the StrongBrook Group (Previously REIC in Utah) offers the following:

Tons of YouTube Videos

(50%/50% Equity Split + $3,995 Acquisition Fee per Property) Partnering with Kris on Deals

(Must call for price) $5K Club includes Lease Options Pro

($997) Maverick Pro

($197) 10X Real Estate includes Deal Finder Pro

($4,997) Life Mastery University Ultimate Access

($97/Month) R.E. Investing Hotline

($497) Unleash Your Financial Destiny 4 Day Live Event: One Ticket

($32.05) Strait Path to RE Investing on Amazon

($18.25) The Conscious Creature on Amazon

($18.98) Limitless on Amazon

What do you know about him, his results, and/or his company? 

I already watch him daily on YouTube, have his Consortium, have read his books Strait Path to RE Investing and Limitless. I am thinking of attending an upcoming live event. 

What do you know about his live events? Worth attending?

Thanks