Guest Speaker: Chris Prefontaine
No Money Down Deals, Exit Strategies and More with the Smart Real Estate Coach
The founder of SmartRealEstateCoach.com and SmartRealEstatePodcast.com, Chris Prefontaine is the Amazon Best Selling author of Real Estate On Your Terms – Create Continuous Cash Flow Now, Without Using Your Cash or Credit. He has been in real estate for over 25 years and his experience includes the construction of over 100+ single family and duplex homes. He has owned a Realty Executives Franchise as broker / owner which maintained high per agent standards and eventually sold to Coldwell Banker in 2000. Since then he has coached over half a million realtors in order to scale and automate their business throughout the U.S. and Canada. He has also participated in in doing condo conversions (multi-family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods). Chris and his family/team have done over 80 million in real estate transactions. They mentor, coach, consult and actually partner with students around the Country (by application only) to do exactly what they do.
What you’ll learn in this episode:
*How an anecdote he heard about a farmer from an old tape of legendary motivational speaker and author Earl Nightingale inspired him to launch is own home packaging business.
*How the real estate investing business has been re-engineered since the crash in 2008.
*What the word “terms” means in reference to a lease-purchase
*Finding new deals with the help of virtual assistants calling For Sale By Owners, “sly broadcasts” and using a script to walk people through.
*Under what circumstances people will sell their house for no cash down.
*Different kinds of no money down deals, some stressful and others stress-free.
*The geographic scope of his deals all around the U.S.
*Even with the opportunity outsource using technology, you can’t create a million dollar business without intense legwork.
*A successful exit strategy for rent to own properties.
*His unique “three payday” approach.
*The pitfall of mismanaged expectations and the length of time everyone must commit to have a chance for enduring success.
*Some of his favorite success stories from among those he has trained.
*What distinguishes the successful investors from the ones who fail or achieve less success.
*How to overcome initial mistakes.
*The importance of an experienced mentor.
*Details of his book Real Estate On Your Terms.
*How the proper mindset helped him overcome the crash in 2008.
*Simple mindset skills to overcome the initial fear of cold calling.
*Why your income will never outpace the value in the skill set you have.
The Smart Real Estate Coach Family Team has put together a 1-3 year plan for you to build your business
Resources:
Smart Real Estate Coach Free Webinar
3 Year, 1 Million $$ Game Plan
Grab a FREE Copy of Lance’s Best Selling Book “How to Make Big Money in Small Apartments” Here.