Sep 12, 2022
Chris Prefontaine is a 3-time best-selling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Moneeka Sawyer's Real Estate Investing for Women. He's also the founder and CEO of SmartrealEstateCoach.com and the host of the Smart Real Estate Coach podcast. He has been in real estate for over 30 years. His experience ranges from constructing new homes in the 1990s and owning a real estate executive franchise to running his own investments (commercial and residential) and coaching clients throughout North America. He points out that everyone has different goals and motivations and that there is no right way to do things. If you’re interested in learning more about how to develop a winning mindset and attitude in your real estate career, be sure to check out Chris’s website, www.smartrealestatecoach.com!
In this episode, Chris talks about how he and his team changed their business model after the 2008 recession, when banks were no longer willing to lend to real estate entrepreneurs. He became a lease purchase company, which is less risky for them in terms of the economy. He discusses the importance of having a positive mindset when it comes to real estate, and how grinding through tough times can help you succeed. He shares his story of how he and his team survived the Great Recession and what lessons he learned from it. He is a real estate investor who has three ways he can buy property: lease purchase, owner financing, and subject to existing financing. He describes the benefits of each method and explains how they work together to help sellers and buyers get the best deal possible.
[00:01 - 02:37] Opening Segment
[02:38 - 24:05] Working With Qualified Buyers Through Creative Financing
[24:05 - 25:50] Closing Segment
Quote/s:
“When you find a house and purchase a house, own a financing that's free and clear.” – Chris Prefontaine
You can connect with Chris
through his:
Website: http://www.smartrealestatecoach.com
Podcast: Smart Real Estate Coach
Facebook: Smart Real Estate Coach
YouTube: Smart Real Estate Coach
Instagram: Smart Real Estate Coach
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