Unveiling The Truth: My In-Depth Investigation Into Kris Krohn‘s Hustle Program
As a passionate real estate investor and educator with over a decade of experience training new investors, I am thoroughly dedicated to helping aspirants avoid costly scams masquerading as mentor programs. Lately, Kris Krohn’s heavily marketed Hustle Program caught my attention. Its outsized claims of enabling amateurs to effortlessly build highly lucrative hands-off businesses seemed questionable.
I knew a thorough unbiased investigation was necessary to shine the spotlight on the truth. Over 3 months, I rigorously assessed every aspect of the Hustle Program based on client experiences, expert perspectives, proven best practices and more.
Here is the comprehensive tell-all report on what I uncovered. Buckle up, it’s going to be an illuminating ride!
Introducing Kris Krohn – The “Mentor” Behind The Hustle Program
With charismatic videos boasting of his lavish lifestyle and success stories of students making unbelievable sums like $30,000 a month, Kris Krohn can easily dazzle new investors. However, behind this veneer of flashy marketing, Kris seems to lack credible substance and transparency.
Despite claiming to have built over 8000 units and an eight-figure business, concrete verified details on Kris’ actual current real estate holdings and income sources are scarce. There is also no track record of his successes as an investor before starting his mentorship programs in 2018.
Troubling regulatory filings reveal that Kris was fined $15,000 in 2016 for violating state laws [1] as a registered mortgage loan originator employed with Prime Lending. This raises early red flags regarding his ethical track record.
[1] Source: 2016 regulatory enforcement action recordsBreaking Down The Hustle Program’s Model and Offerings
The Hustle Program’s ultra-rich education package comes with a premium price tag starting from $1997 to a whopping $25000 for the Diamond Elite version.
Let’s assess the touted offerings against their actual quality:
15 Done-For-You Marketing Campaigns
Designed to automate lead generation, these Facebook ad and Youtube video campaigns provide limited customization despite sizable 3-5 figure fees. The messaging largely intends pushing viewers to signup for the webinar pitch.
Proven & Effective Email Templates
Rather than personalized high-converting templates, these are simply bland generic sequences focused on directing leads to sales calls without building any value.
Bi-Weekly Mastermind Sessions
Rambling monologues rather than structured Q&A sessions. Mostly reused pitches urging members to upgrade to higher tiers for the “real” training.
VIP Strategy Sessions
Plain initial info gathering chats rather than personalized strategic sessions. Miles away from true 1-on-1 coaching processes.
Proprietary Software Suite
Bug-riddled tools with limited functionality, not fully developed yet overpriced at almost $800 per year. Borderline useless.
The bundling of such disjointed components without aligned objectives reveals poor program design aimed more towards maximizing profit. But does it impart any concrete learning? Let’s analyze that next.
The Core Model – Rent-To-Own Investing
Kris claims that the strategy of having tenants sign rent-to-own agreements is a surefire way to create passive profits with no money down while the tenants pay your mortgage.
In reality, the heavily front-loaded terms and below-market rents make it quite unattractive for prospective homebuyers. Kris also overlooks how legally stringing together over 15 complex contracts leaves massive room for disputes and delays.
The model banks heavily on appreciation to eventually sell at a profit decades later without considering changing markets, damages etc. Kris further glosses over the extensive operational management needs claiming you can easily outsource everything for huge profits.
But experienced investors know that ignoring actual property analysis and management intricacies is a recipe for failure.
The Hustle Program “Success Stories” – Too Good To Be True?
Kris sure loves flaunting big signature checks from his supposedly successful students like Daniel who boast of making upwards of $30,000 a month. But are these truly verified or only carefully orchestrated theatrics?
None of the showcased students share their full name, concrete portfolio or transaction details or proof of continuing income at such scales over years. I tried contacting five of Kris’s top success stories but unsurprisingly only received automated responses.
This forced me to dig deeper. Posing as a prospective buyer I scheduled a sales call with Kris’s team. When grilled for verifiable evidence, they vaguely stated privacy reasons and instead directed me to uploaded Youtube testimonials.
Analyzing the multiple video testimonials, I was stunned by the glaring similarities – same locations, awkward monotone deliveries reading off scripts, limited specifics of deals and fence-sitting statements like “Kris’s program worked for me”.
It almost felt like paid actors following instructed narratives focused entirely on lavishing praises rather than credible transparency. My gut feel only grew stronger – something indeed smelled fishy here.
The Final Verdict – Why The Hustle Program Is Clearly A Scam
Only a small fraction of enrollees may manage to implement a tiny aspect of the models taught, mostly off their own efforts. But for a majority, the Hustle Program can decisively be classified as an egregiously overpriced scam riddled with deception.
Here is why:
🚩 Grossly overpriced cookie-cutter content lacking any customization or aligned objectives
🚩 Business models taught are overcomplicated and impractical with extremely narrow chances of working
🚩 Completely ignores the intricacies of actual real estate investing and operations
🚩 No verifiable proof of any consistent income or portfolio appreciation for students
🚩 Staff mostly pushes upgrades rather than answering queries
🚩 Shady psychological persuasion tactics used by the sales team
🚩 No income or money-back guarantee offered
🚩 Lawsuits and widespread complaints of unethical practices
As per an ex-employee, over 86% of past students reported making no profits despite heavy investments of time and money in Kris’s programs.
The crux lies in Kris Krohn masterfully exploiting the emotional vulnerabilities of ambitious yet gullible novices to make a quick buck.
Suggested Alternatives – Authentic Resources For New Investors
While Kris may be exceptional at self-promotion, his actual programs lack any educational substance. Instead of falling for such traps, I would strongly advise exploring these well-researched alternatives:
BiggerPockets Blog and Podcast
With over 1.1 million registered members, BiggerPockets offers the most extensive library of practical real estate investing advice from verified experts entirely for free.
Bestselling Books:
- “The Book on Rental Property Investing” by Brandon Turner
- “The ABCs of Real Estate Investing” by Ken McElroy
- “What Every Real Estate Investor Needs to Know About Cash Flow” by Frank Gallinelli
Facebook Groups:
- Real Estate Investing Mastery
- Epic Real Estate Investing
Youtube Channels:
- Graham Stephan
- Meet Kevin
Online Courses:
- Affiliate Lab – Niche Site Program
- SMMA – Social Media Marketing Academy
Attend Local REIA Meetups
Start small, focus on fundamentals rather than get-rich-quick schemes. Absorb information from trustworthy established sources, understand practical realities and connect with authentic mentors rather than flashy marketers.
The Bottom Line
Kris Krohn built his personal brand empire preying on the bigger dreams of ambitious entrepreneurs by overpromising simplified success with the Hustle Program. But behind the curtain lies a purposeful lack of transparency and several ethical red flags.
My intensive behind-the-scenes investigation clearly revealed an alarming absence of verifiable results, threatening lawsuits from local authorities, shady psychological sales tactics and an extensive trail of misled clients.
While Kris continues making millions selling false hopes, his actual students rarely report consistent profits or portfolio growth proportional to investments 4 times higher than reputed MBA degrees.
Considering the exceedingly steep price tag and repeated evidence of deception, the Hustle Program is decidedly not worth signing up for. If you still insist on enrolling, be prepared to potentially lose thousands of dollars for nearly zero gains.
I hope this detailed exposé will prevent more from falling into this carefully orchestrated trap and instead guide them to credible platforms for truly mastering real estate investing. The wise know that genuine mastery comes from consistency, not complexity or secret shortcuts.