Maximize Your Real Estate Success with Financing on Terms: Featuring Chris Prefontaine
Welcome to REIGN, the Real Estate Investor Growth Network podcast with your host, Jen Josey. In this episode, Jen interviews Chris Prefontaine, chairman and founder of Smart Real Estate Coach. Chris, a four-time bestselling author and a three-time Inc 5000 honoree, shares his expertise in real estate investing, having navigated major economic downturns like 9/11, the 2008 crash, and COVID. The episode delves into the importance of vetting potential business partners, different strategies for financing on terms, and the three-payday system that Chris has perfected. Learn from real-life success stories and gain insights on how to transition from a 9 to 5 job into real estate entrepreneurship. Tune in to hear actionable advice, strategies for success, and Chris's philosophy on finding the right coach. Don't miss this episode if you're serious about real estate investing!
00:00 Introduction to REIGN and Host Jen Josey
00:56 Badassery Bestowment: Vetting Business Partners
03:53 Guest Introduction: Chris Prefontaine
05:16 Chris Prefontaine on Buying and Selling on Terms
08:43 Success Stories and Coaching Insights
09:47 Creative Financing and Market Adaptation
17:42 Three Paydays System Explained
22:49 A Sweet Real Estate Story
23:05 Getting Started in Real Estate
24:57 The Importance of Partnerships
26:14 Transitioning from 9 to 5 to Real Estate
29:17 Mindset Shifts for Real Estate Success
33:31 Choosing the Right Real Estate Coach
38:04 Working with Family in Real Estate
39:15 Debunking Real Estate Myths
39:34 Chris Prefontaine's Badass Acronym
44:08 Final Thoughts and Parting Words