Kris Krohn Biography

Kris Krohn is the founder of REIC Global, StrongBrook Direct anD strait Path To Real Estate Wealth. All the programs are build to make the life of investors easy. These programs help understand the industry and the how a investment can hep in the long run.

Real Estate is a very dynamic industry and it is always not easy to make a right decision. Keeping these things in mind, Kris developed programs that can educate people about the pros and cons of real estate invesntment. These programs focus on maximing the return on investment.

Kris himself is a very successful investor and has managed to own more than 500 residential properties in his name. While he was in college, he started investing in real estate and by the time he completed his studies, he was the owner of 12 homes.

REIC and Strongbrook

I represent an organization that Invests in land in 2 of the most well liked markets immediately for money Flowing land. One is metropolis and therefore the different is Phoenix space. we have a tendency to area unit conveyance on purchasers immediately WHO wish to require advantage of theses markets however don't have feet on the bottom there. Our company is exclusive in this we are going to place within the work for our purchasers to create positive everything is taken care of on a property before we have a tendency to pass it on to a shopper. Rehab, clean title, property management, screen tenants, tenant placement, aggregation rents, etc. Everything is completed for you by our company. These homes area unit within the right area unitas to draw in sensible tenants and that they are newer than 1997 to stop any property maintanence that arises from previous homes. once more everything is completed for you. These properties are inspected and area unit turn-key in nature. i used to be ready to tour a number of these properties over the weekend ANd attend an intensive coaching regarding the total method. What we have a tendency to our doing for our purchasers is impressive to mention the smallest amount

Making Rent-to-Own assets Deals Work

Margi Lee spent national holiday moving out of the historic house she'd lived sure the past year. once sinking tens of thousands of greenbacks into repairs on the rambling brick house, the 50-year-old school teacher in mountain man, N.C., still was unable to induce a mortgage on the place.

This is the worst-case situation for rent-to-own assets deals, within which a would-be homebuyer moves into a property as a renter, hoping his money circumstances and/or the market can modification enough during a year or 2 so they'll shut the acquisition.

In Lee's case, her deal was the victim of the recession and also the ensuing contraction of the mortgage market. A loaner that same it'd offer a mortgage if such as repairs were created had modified its rules by the time the work was done.

Stories like this area unit what build assets professionals thus distrustful of rent-to-own deals, conjointly called rent-to-buy and lease/options. however others say this sector is growing and, if done right, this sort of deal are often a boon to vendee and vendor in today's market.

For sellers, the key to creating sensible|an honest|a decent} deal is selecting renters WHO have a awfully good probability of having the ability to qualify, in keeping with dagger Krohn, founder and president of Orem, Utah-based assets fund REIC. "I'm craving for {people WHO|people that|folks that|those that|those who} don't seem to be too far-off from homeownership — the highest five % of the twenty % who would love to shop for a house."