What Is Equity In A Home

Рет қаралды 523,703

7 жыл бұрын

What is home equity. Because I talk about equity so commonly in my videos, I get lots of questions about what it is. It's very important to understand and makes all the difference in real estate investing.
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www.kriskrohn.com/krispartner...
The difference between a investment property with equity and one without equity, is the difference between a treasure chest full of money vs. one that is empty.
Hopefully this video clarifies how important it is to invest in properties that have equity waiting for you.
Watch and Enjoy!
Kris Krohn
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Пікірлер: 599

@stacksmo5586 6 жыл бұрын

The stuff i wish they would of taught me in school 🤦🏾‍♂️

@molonlabe2645 5 жыл бұрын

“Would have” not would of

@SHOTBYCC_ 4 жыл бұрын

Lawrence Jones513 fact

@robertadryan3996 4 жыл бұрын

Yeah, this video is a much better life skill than calculus...for sure

@thatboifrmtx7316 4 жыл бұрын

This is exactly what they don’t want us to know. Especially minorities. In the U.S. at a point in it’s history there were laws against letting African Americans build equity. The season they and other minorities groups are so far behind in that area compared to caucasians

@Patti059472 3 жыл бұрын

That's what your parents are for 🙄😒 Gets in my nerves people like you expect schools to raise children

@daveyfurlong1007 6 жыл бұрын

I’m 15 and this has just changed my life forever. Thank you

@KrisKrohn 6 жыл бұрын

Glad to help Davey!

@tyraphillips5420 4 жыл бұрын

Kris Krohn so if I own a house right out worth 130000 that’s all mine ?

@tigerbeatfilms2943 4 жыл бұрын

Tyra Phillips yes

@grtt9293 3 жыл бұрын

Tyra Phillips so now that you’re 18 what have you done

@plusmaster100 3 жыл бұрын

How is your journey going?

@terryrich4285 3 жыл бұрын

I'm 28 own two properties, but today I actually learnt what equity is.. thank you mate, just wish they taught us stuff like this at school

@jordan5253 6 жыл бұрын

what a chill dude just giving out free knowledge what a time to be alive

@blackpanda418 7 жыл бұрын

Thankyou, you didn't have to put this knowledge out here, and you didn't have to put it out for free either. So thankyou for all your videos I'm about to watch

@KrisKrohn 7 жыл бұрын

Glad you found this channel!

@kafilmirza992 6 жыл бұрын

please ,will you explain me how this works

@hastalafalla1577 5 жыл бұрын

i dont think he does this for free lol

@andrewsilvia1900 5 жыл бұрын

Do you get a loan to start? I don't have 20k for a down payment.

@carterchristensen3263 5 жыл бұрын

@@andrewsilvia1900 check with a reputable lender in your community...often times there are grants and programs where you only have to pay 3% down or even less to buy a home.

@sheenalee7602 4 жыл бұрын

This is the kind of stuff that should be taught in school!

@WILLIEAUSTIN2ND 7 жыл бұрын

I thought he heard me when I said the answer out loud! Great Video

@KrisKrohn 7 жыл бұрын

That's awesome. Glad you enjoyed the video!

@fraddi 6 жыл бұрын

For you Americans out there, I live in Canada where the property is crazy expensive. So when he uses examples of purchasing homes for less than their worth, this doesnt apply to me. Otherwise nice vid.

@aprildonyell 5 жыл бұрын

Willie Austin 😂😂I caught myself answering out loud too!

@dhenr3878 5 жыл бұрын

lol

@minnie3339 5 жыл бұрын

Willie Austin Hahahahahaha haha!!!!!! Meeeeeeeentooooooo!

@binniedj 7 жыл бұрын

Thank you for posting these. I'm a property owner and you've changed my thinking on investment properties. Thank you and keep up the awesome work

@bennybronco76 4 жыл бұрын

Bro I promise you that was a blessing watching this video! I never understood equity. I typed in in on utube and bam! There you were. I also subscribed. Knowledge is power.

@alexsanoff585 3 жыл бұрын

Supplementing my college educations lack of business classes with these, great stuff, thanks man!

@mariatriantafillou1549 4 жыл бұрын

You're a great teacher! Wow! Thank you so much, Kris, your Awesome!

@onlyanjan99 7 жыл бұрын

Couldn't resist thanking you.... Thanks a lot Sir for such a lucid explanation!

@monicalove1194 5 жыл бұрын

You are amazing at explaining everything! Thank you!

@timelapsedjogs8817 7 жыл бұрын

Yes! Subscribed a few days ago and was wondering what all this equity stuff you were talking about is. After watching about half of your videos I think I figured it out that it was the difference of what you owe on a house and what is worth. I was right! Haha but I'm still glad you cleared it up. I'm 18 and plan on getting into real estate. Keep the awesome videos coming!

@KrisKrohn 7 жыл бұрын

Thanks for commenting. Glad you enjoy this channel.

@timelapsedjogs8817 7 жыл бұрын

Limitless TV np thanks for being here! :)

@venelinbarbov9964 3 жыл бұрын

I wish I was taught in my 12 years of school ! Real things that matter on how to get financially ahead in life !! Thanks man you're awesome !!

@TomHilgardner 6 жыл бұрын

That is so awesome man! Equity fundamentals followed by Self Love....Cutting edge Champion quality man. Great Life expression

@gabegillman2260 6 жыл бұрын

I've learned so much from your videos Chris I will be joining your team soon.

@ThermalPine 2 жыл бұрын

From equity to self love, this dude got it all. Great video 🤘

@MrGoodtime1301 6 жыл бұрын

Super straightforward and to the point, love it, thanks!

@ronaldwalters4715 6 жыл бұрын

just from this one video i understand completely how you did it... i have been telling my wife this for the last year or so about doing it... she feels there is a risk and she doesnt want to but really im going to show her just like i showed her with the business we own

@jordanodwyer433 7 жыл бұрын

Thank you for the information ! made everything easy to understand ! going to take your knowledge and change my life

@linra1691 5 жыл бұрын

thanks for sharing the ideas. love watching your channel

@lewispi3715 4 жыл бұрын

Thank you again Krish. Im really starting to become a listeniner of yours! Your content is cool and you deliver it with excellence and confidence. I will meet you one day, Thank you

@jermon983 6 жыл бұрын

Many thanks for this simple break down Kris....

@gabrielruiz9540 4 жыл бұрын

Excellent video and knowledge you shared! Thank you Kris!

@ajeep4x4 7 жыл бұрын

Thanks for another great video. I really enjoy your channel.

@christinawright8775 7 жыл бұрын

I'm so glad you made this video of simplifying what equity means because I was so lost. All the other videos where way too complex, just doing the most with explaining what equity means instead of saying equity is A B & C because of X Y & Z. LAWDNESS! Thank you for not being complicated.

@dizonheinrich4929 4 жыл бұрын

Hi Kris, Thank you! from Philippines! you have the best videos for real estate investing!

@missige 5 жыл бұрын

Awesome video! Thank you soooo much for making it.

@Friidom2 6 жыл бұрын

Fantastic video, really. You expanded very well on what I had previously only assumed. Thank you for the detail on what equity is. Subscribed.

@KrisKrohn 6 жыл бұрын

+Friis Forge your welcome

@sifumansa209 5 жыл бұрын

Bro thank you. This helped tremendously

@mphomabote9289 2 жыл бұрын

Woow we need this type of education in our lives,,,great teacher indeed...Thank you very much.

@lawrencecoore3569 5 жыл бұрын

Wow this was very informative thx you sir for sharing

@dlewis11380 5 жыл бұрын

Wow I just learn something new today, Thanks boss for really breaking down the formula

@meazagezahegn9375 6 жыл бұрын

Thank you, you made it clear!

@vonnie1999ja 7 жыл бұрын

Thank you so very much for the clear, visual explanation!

@KrisKrohn 7 жыл бұрын

You're welcome. Thanks for commenting!

@ahaaay4266 7 жыл бұрын

You made this so easy to understand, thank you!!

@KrisKrohn 7 жыл бұрын

You're welcome!

@dylanmcgowan3737 6 жыл бұрын

Thank you so much for uploading this video.

@KrisKrohn 6 жыл бұрын

Sure thing! Glad you found it helpful!

@mercimerci7774 3 жыл бұрын

Mama Krohn need to produce more of this man. This world and especially this generation needs it badly. Much love and respect to you brother.

@theaccentedguy1505 4 жыл бұрын

Thank you so much for this informative detailed video. 👍🏽😁

@stevent2705 5 жыл бұрын

Thanks for the great content brother

@JakeHustle2 4 жыл бұрын

Now I know what a home equity is! Thank you 👍

@bretthallett6598 Жыл бұрын

I literally just didn’t know what equity was but heard people talking about it and i wanted to know so i looked it up and this was so simple

@prakhar5331 4 жыл бұрын

Who else thinks he looks a bit like that actor in American Sniper😂😂. My dad has been in construction and real estate he never taught me anything like this😬😬, thank u so much sir

@kingabdirizakmukhtar Жыл бұрын

Wow I learning something new 😢thanks so much

@bassoonmusic601 4 жыл бұрын

Thank you for making this so easy to understand! Equity is a buzzword I hear thrown around all the time and I never really got it until now. How does equity translate in a renting situation? Does it even apply? I'm hoping to buy someday but not quite ready to. Thanks!

@googleuser1006 3 жыл бұрын

Thanks man this is great.

@teetimewisdom90 4 жыл бұрын

This was wonderful, thanks so much, new subscriber!

@CarlosHernandez-gu5lo 6 жыл бұрын

Love your videos awesome explanations!!

@KrisKrohn 6 жыл бұрын

Why Thank you!

@oponce0592 6 жыл бұрын

Great Video. I have a clear understanding of "equity". Definitely subscribing

@KrisKrohn 6 жыл бұрын

O Ponce - Glad to heat! And glad to have you here!

@YATO275 4 ай бұрын

Man, thank you so much.

@Chris-sx4qw 5 жыл бұрын

awesome vids man love yr energy

@nekaybawanthony 9 ай бұрын

the fact that my practice exam asked the question exactly how you explained it i got the right answer!

@jaygilliland3371 Жыл бұрын

Thank you! Liked and subscribed.

@CheebsCheeby 5 жыл бұрын

Awesome video. Thank you very much.

@dais-nas-xaumqaib9820 2 жыл бұрын

Great video! Very helpful. Thanks🙏

@d.robinsoninvesting7881 6 жыл бұрын

Love it! Thank You

@rosasjose87 11 ай бұрын

Love your videos am subscribed

@MrNovatherebel 2 жыл бұрын

I appreciate u bro, Thank you!

@canocano626 6 жыл бұрын

My God, your videos are too freaking good

@elizabethrodriguez7363 4 жыл бұрын

omg you are so cool. I loved your video. I understand equity better now.

@KhayamTV 4 жыл бұрын

Wow thank you so much!

@mosesbwalya8613 5 жыл бұрын

Krohn you really awesome,educating and life changing, from Zambia... Please do a video on how to invest in public properties thank you...

@woodsballjunkiepb5991 3 жыл бұрын

I’m 8 years old and this helped me so much! Thank you!

@joeygoodz5072 3 жыл бұрын

Thank you so much Kris 🙏🏾🙏🏾🤔

@anamorais4663 4 жыл бұрын

Thank you very much indeed 👍

@comiccookie6476 4 жыл бұрын

This is amazing!

@lifitia-kilifi7286 5 жыл бұрын

Awesome. Thank you👍🏼

@black26075 4 жыл бұрын

Never mind I’m sorry you answered my question on the next vid Thanks 🙏🏾

@chaparrochaparro5665 6 жыл бұрын

I adore this channel

@KrisKrohn 6 жыл бұрын

Thank you for saying so!

@prettynatural1973 Жыл бұрын

Thank you sir

@Karlizfranco 8 ай бұрын

Great video ❤

@mossberg714 3 жыл бұрын

Thanks dude. This was helpful 👍

@fedegarau7734 4 жыл бұрын

Lets goo buddyy you rock!!!

@screamingsavage001 Жыл бұрын

I'm listening!

@simplycarlamarie8336 3 жыл бұрын

THANK YOU!!!!!!!!!!!

@Sunny-uf5nd 3 жыл бұрын

I love you for this

@mitchellblades 7 жыл бұрын

so brilliantly explained

@KrisKrohn 7 жыл бұрын

Thanks Mitchell

@Chris-sx4qw 5 жыл бұрын

great stuff man

@sidneycrosbyfan1000 Жыл бұрын

Thank you!

@thomascripe2740 6 жыл бұрын

This information is great, I'm 24, and married we are looking into our first home coming up real soon I hope to be able to do this so we can live comfortably. Thank you for the information.

@KrisKrohn 6 жыл бұрын

You are welcome. Glad you enjoy this channel!

@kafilmirza992 6 жыл бұрын

Thomas Cripe please tell me how this works.....i dont understand it clearly

@AB-dk8cl Жыл бұрын

Doing schools work. Appreciate this

@Fishing4life1997 2 жыл бұрын

that’s how you teach. thank you

@durabilite. 4 жыл бұрын

Thank you

@BrianMasseyRealEstate 2 жыл бұрын

Great video

@kobebrown9189 5 жыл бұрын

Thanks!

@thotianagang9347 6 жыл бұрын

This guy is a g, he made it so easy to understand. Thank you.

@KrisKrohn 6 жыл бұрын

Glad you liked the video. Just yesterday I recorded a sequel to this video... Stay tuned.

@kafilmirza992 6 жыл бұрын

calvin jordan how can i buy a home in 200k which is worth 300k k. And how can i sell that house if i had not the whole amount(300k).And why the seller will give me the house in less than the amount it worth???

@kafilmirza992 6 жыл бұрын

calvin jordan please ,tell me how this works

@bootsbrahmsboden1072 6 жыл бұрын

it's hard to ascertain value, you just sell what u hope it's worth and look at market competitor prices

@philbertjoseph5509 5 жыл бұрын

I am following your videos for the longest while now and I really do love them and I will like to partner with you.

@brianaraluce3203 6 жыл бұрын

informative well taught,,

@tracyvicwilson6624 3 жыл бұрын

Thank You!!

@lasthope703 4 жыл бұрын

Thumbs up for teaching me this

@123456jalee 6 жыл бұрын

great content, and I did catch on fast ha. SUBBED

@KrisKrohn 6 жыл бұрын

Awesome. Glad to hear!

@kafilmirza992 6 жыл бұрын

joe lee please will you explain me how this works

@stonesweetofficial2579 5 жыл бұрын

I'm thirteen and I'm taking notes on this already, haha.

@JCJ1234567890 4 жыл бұрын

Keep going

@sheenalee7602 4 жыл бұрын

That's great! Start early and you'll be successful!

@brittanyhorton1597 4 жыл бұрын

Thanks 😊

@sabertoothwallaby2937 2 жыл бұрын

That's literally all you needed to say. 2:12 Equity is the difference between home value and how much you owe.

@zedisdeadz 6 жыл бұрын

Great video. Thanks for the info. When you use the value of a property as a fixed number that means that there is an independent way to find this number otherwise the bank would not be able to agree with the value that you have set. So the question is how to you find the "price" number?

@KrisKrohn 6 жыл бұрын

The set number is the cost to rebuild. Insurance companies know what this number is.