Business Owners

Episode 125: How to Acquire Ten Properties a Month with No Money Down with Chris Prefontaine

January 24, 2020 by Not Your Average Financial Podcast

In this episode, we ask:

Who is Chris Prefontaine?
Who works with Chris?
How does Chris work with his son Nick?
How might one buy real estate on terms?
What is a lease purchase?
How does a lease purchase affect the homeowner?
What is owner financing?
About how many homes are free and clear in the U.S.?
What about principal owner payments?
What can go right with lease purchase?
What can go wrong with lease purchase?
What happens if someone dies during a lease purchase?
What is a tenant buyer on a rent to own?
Why does Chris want to avoid traditional renters?
How long have lease purchase deals been happening?
What’s the key difference between taking a course and doing a deal?
What happened in 2008?
What happens when Chris strikes the right term and the right agreements?
What’s the current market like?
What’s the long history of real estate investment?
How does Chris bring little or no money into a deal?
What happens when Chris finds a buyer?
How many deals a month make a substantial cash flow?
What are his core values?
How does Chris vet students?
Do you have grit?
Can you manage expectations?
How did Chris and his family arrive at the core values?
How do the core values affect how the family communicates?
What about secondary income?
What if an owner did one or two deals a year? What’s wrong with that?
What if you buy your own home this way?
Would you like a free copy of Chris Prefontaine’s new book?
Would you like to pay for and read his book on Kindle, The New Rules of Real Estate Investing?
Would you like a free strategy call with Chris?
Is all real estate hard work?
How do you keep work stress from showing up at the dinner table?
Would you like to join us on February 1, 2020 at 10AM CT / 11AM ET for a live online episode?
Would you like to leave us a voice message?
- Do you think Bank on Yourself is a scam?
- Do you have positive or negative experience with Bank on Yourself?
- This is the last week to let us know!

Chris Prefontaine is the best-selling author of 2017’s Real Estate On Your Terms and this year’s The New Rules of Real Estate Investing. A real estate investor with over 27 years experience in the field, Chris is the founder of Smart Real Estate Coach ·- and host of the Smart Real Estate Coach Podcast. He lives in Newport, Rhode Island with his wife, Kim, and their family. Chris operates the family business with his son, Nick, his daughter, Kayla, his son-in-law, Zach, and an amazing team.

Chris has been a big advocate of constant education. He and his family mentor, coach, consult, and actually partner with students around the country, teaching them to do exactly what their company does. Between their existing Associates nationwide and their own deals, Chris and his family are still acquiring 5-10 properties every month and control between $20 to $30 million dollars worth of real estate deals — all done on TERMS without using their own cash, credit, or signing for loans.

Chris and his family believe strongly in giving back to the community. They currently support Franciscan Children’s Hospital in Brighton, MA, 3 Angels Foundation in Newport, RI, and the Wounded Warrior Project by giving a percentage of all deals to those causes.

Episode 123: News Roundup: The SECURE Act Passes, A Billionaire’s Biggest Policy and a WSJ Warning

January 10, 2020 by Not Your Average Financial Podcast

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In this episode, we ask:

What is the SECURE Act?
How does this act affect retirement accounts?
What about the fiduciary safe harbor?
What’s important about 72 years old?
What is a stretch IRA?
Did you hear the episode on required minimum distributions?
Would you like to hear an example?
What about taking distributions on inherited IRAs within 10 years?
What would the taxable income be in that 10 year period?
Are taxes as low as they’ve ever been?
When are taxes slated to go up?
What has changed with the 529 plans for college savings?
Can you now use 529 plans to pay for student loans?
What is a target date fund?
What is the average return of a target date fund?
What are the average rates on a student loan?
Can you apply a 529 plan for another child?
What about the 1.5 trillion dollar student debt problem?
Who purchased a 201 million dollar life insurance policy?
Who is the mysterious billionaire? Could it be Elon Musk?
Is life insurance a private contract?
Why would a billionaire pay million dollar premiums into a life insurance when they can buy literally anything else?
What are some of the benefits?
Would you like guarantees?
Would you like liquid access to cash?
Would you like tax advantages?
Would you like tax advantaged income in retirement?
What about California estate taxes?
What states have an inheritance tax?
What about the Wall Street Journal’s article on the I.U.L. product?
What is the appeal of Indexed Universal Life?
What is the massive issue with Indexed Universal Life?
What is this fancy “multiplier” and why are the regulators concerned?
Will this be a repeat of the troubled Universal Life policies of the 1980s?
What is the true cost of these policies?
What are the risks?
Have you heard Episode 59?
Have you heard Episode 60?
Have you heard Episode 61?
How many times is money mentioned in the bible?
Would you pay your neighbor’s debt?
What is the story of the church paying the debt?
How does this group view credit card debt as a group problem?
How does the debt annihilation team work?
Would you like to join us LIVE online on February 1, 2020?

Episode 119: Building Wealth That Leads to the Blissful Life with Moneeka Sawyer

December 13, 2019 by Not Your Average Financial Podcast

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In this episode, we ask:

Do you remember what happened in 2008?
What did JAMA say about “Wealth Shock”?
Who is Moneeka Sawyer?
How does Moneeka manage a multimillion dollar business?
How does Moneeka choose bliss?
What did Moneeka experience as a very young person?
How did Moneeka breakthrough?
What did Moneeka learn from her dad?
Do you want “poor people money issues” or “rich people money issues”?
What was Moneeka’s prayer?
How did Moneeka’s coach affect her?
What is a “bliss mentor”?
What does Moneeka love about real estate?
What do we do each day to set ourselves up for strength?
What is bliss?
Can you handle anything that life sends your way?
What is emotional resilience?
What is your default emotional home?
What is the bliss equilibrium?
What are the techniques to get back to bliss?
How do we create deep joy and contentment?
What are the tools to come back to equilibrium?
What is blissful wealth?
How do we support joy in life?
How is wealth a part of our life and a part of who we are?
How do we get the ultimate goals of what we want?
Is there ever an end goal?
Where does bliss happen?
How does Moneeka help successful people come back to bliss?
How is money an amplifier?
What are your core values?
How do you align to those values?
How do you know what your values are?
Would you like to read Moneeka’s book, Choose Bliss: The Power and Practice of Joy and Contentment?
What is a bliss moment?
Have you ever stopped, dropped and breathed?
How does one make better decisions?
Would you like to listen to Moneeka’s podcast, Real Estate Investing for Women?
Would you like to download Moneeka’s story at blissfulinvestor.com?
Is Moneeka still dancing?
What questions do you have? Would you let us know on speak pipe?

Moneeka Sawyer is often described as one of the most blissful people you will ever meet. She has been investing in Real Estate for over 20 years, so has been through all the different cycles of the market. Still, she has turned $10,000 into over $2,000,000, working only 5-10 hours per MONTH with very little stress.

While building her multi-million dollar business, she has travelled to over 55 countries, dances every single day, supports causes that are important to her, and spends lots of time with her husband of over 20 years.

She is the international best-selling author of the multiple award-winning book “Choose Bliss: The Power and Practice of Joy and Contentment.”

She is the host of the Podcast Real Estate Investing for Women and her expertise, and bliss-filled laugh, have been featured on stages, radio, podcasts and TV stations including ABC, CBS, FOX, and the CW, impacting over 100 million people.

Episode 109: How to Become Your Business’ Line of Credit (and Beat your Competition) with Scott Plamondon

October 4, 2019 by Not Your Average Financial Podcast

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In this episode, we ask:

Has your crystal ball come in the mail yet?
Do you have a line of credit?
Do you have a business collateralized loan?
Who is Scott Plamondon?
Have you heard the Grandma’s Wealth Wisdom podcast with Brandon and Amanda Neely?
When did Scott join the Air Force?
When did Scott start as an accountant?
When did Scott move to California?
Are most business loans rejected?
Why do so many businesses fail?
How did Scott start working with business owners?
What is the client’s story with the line of credit?
What’s Brandon and Amanda’s story?
How does this client use a Bank on Yourself type whole life insurance policy to create a line of credit for the business?
How did Brandon and Amanda use their Bank on Yourself type policy to deal with a flood at their business?
How did Brandon and Amanda use their Bank on Yourself type policy to sell their business?
What did Scott’s client want?
What was the result?
How are policy loans more graceful than bank lines of credit?
What about when business isn’t great?
What about when business is thriving?
How does this strategy affect retirement?
Who will be the most resilient when the economy turns?
How could this client interact with his competitors?
Can this client take a break from repaying the loan if his business hits a rough patch?
How much control do you have?
What is the spiraling cycle?
What is a daily interest loan?
What about paying excess interest?
Why do business owners love to reinvest in their own business?
Did Scott get any pushback from other CPAs or accountants?
What opportunities have Scott’s clients been able to take up?
What’s bigger than a rate of return?
What other things should be factored in?
How might you take advantage of opportunities?
What opportunities emerge from downturns?
Are you already in the banking business?
Which side of the banker’s table are you sitting on?
Who is Nelson Nash? Have you heard Episode 95 and Episode 96?
What is the average age of an entrepreneur?
What if you never had to depend on banks?
What if you do decide you want to start your own business in the future?
How can you work with Scott Plamondon?
Do you know someone who has been burned by the banks?
What percentage of businesses have their loan requests rejected?
How many receive a loan?
What can the bank do?
What happens when a bank calls the loan?
Is it about the internal rate of return?
Does opportunity seek out those who have liquidity?

For over 28 years Scott Plamondon has been successfully helping people plan for retirement. He uses his accounting and investment background combined with a deep understanding of his client’s financial needs, to offer the best possible strategies.

Scott earned a Bachelor of Science degree in Business Administration from New Hampshire College. He is a Chartered Life Underwriter (CLU) and he has a Personal Financial Planning Certificate (PFP) from the University of California, Irvine. He is fully licensed in life and disability insurance, and annuities.

Scott served in the US Air Force from 1984 to 1987. He is married with two daughters and resides in Mission Viejo, California where he is an active member of the community.

Episode 104: The Family is Your Greatest Asset, Part 1

August 30, 2019 by Not Your Average Financial Podcast

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In this episode, we ask:

Would you like to join us LIVE on Saturday, September 7, 2019 at 1PM-2PM Central Time? Register Now!
Is it best to Buy Term and Invest the Rest?
Would you like to fill out our feedback survey?
What is the greatest asset in your portfolio?
How has your family structure changed over the years?
Did you inherent your family business?
Has the business of family mostly disappeared?
Do we have a connection with our past?
Will your family have a guaranteed legacy?
Do you plan with your family?
What do rich families do that others don’t do?
How do you invest in your family?
What are the rules for the family asset concept?
How can you use the least amount of money to create the greatest amount of wealth?
Can you guarantee that wealth will occur and that it will transfer to the family tax free?
Do you think like a rich person?
Do you think like a poor person?
Would you like to create wealth for your family if you didn’t have to spend one more dime than you are spending right now?
How might you realign your assets to create more control over your money?
What is true wealth?
What about control in business?
Do you know it’s a great investment?
What about control in stock?
What about control in family business?
What are the elements that affect legacies?
What happens when one follows the traditional recommended plans?
What about the 401(k)?
What about the IRA?
What about the I.R.S.?
Are you leaving the I.R.S. a tip?
What about leverage?
What might be a perfect solution for wealth creation?
What about the perspective of the elder parent?
What about the perspective of the adult children?
What is a family asset system?
How many dreams have you had that have actually come to fruition in your life?
Is it possible to leave more money than you could ever save?
What is Mark’s story as a son?
What did Mark’s mom do?
What are the guarantees?
Do you want to add to an inheritance for your kids without paying anything?
Are you stressed by the market?
Are you paying fees?
What would you bet on?
Would you like to discuss the family asset concept with your family?
Would you like to join us next episode for Part 2?

Join us LIVE on Saturday, September 7, 2019 at 1PM-2PM CT

Register Now!

Episode 96: Becoming Your Own Banker, A Tribute to Nelson Nash, Part 2

July 5, 2019 by Not Your Average Financial Podcast

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In this episode, we ask:

Are you willing to leave us an audio message, for our upcoming Episode 100?
What’s occurred to you since listening to our podcast?
What has this podcast meant to you so far?
Would you be willing to leave us an audio message?
Have you ever wondered how profitable banks are?
Would you like to hear about how banks use money?
What is the bank’s arbitrage?
What are the steps to open an FDIC insured bank?
What’s required to open an FDIC insured bank?
Why do banks loan at such a low percentage?
How can banks do a 20:1 return on loans?
What did Nelson Nash say about this?
What is the Infinite Banking Concept?
What is a great book on the history of debt?
Who was Nelson Nash?
Do you finance everything you buy?
What is engineered to become more and more efficient every single year?
What is a unilateral contract?
Who is the owner of a life insurance contract?
Are you an owner or are you merely a transaction on someone’s balance sheet?
What are the two key pieces Nelson emphasized when working with finances?
What are Nelson’s five rules?
- What about conquering Parkinson’s law?
- What about Willie Sutton’s law?
- What is the golden rule?
- What is the Arrival Syndrome?
- What is Use It or Lose It?
Have you read Nelson’s book, Becoming Your Own Banker?
Would you like to read Becoming Your Own Banker on Kindle?
Would you like to watch the latest documentary on Nelson Nash?
Can you finish this sentence? Because of Nelson Nash, ____________.
What are people saying about Nelson Nash?
What if 10% of the American population could be set free?
What if you didn’t have to rely on banks?
What if you could be apart of the 10%?

Episode 95: Think Long Range! A Tribute to Nelson Nash, Part 1

June 28, 2019 by Not Your Average Financial Podcast

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In this episode, we ask:

Can you believe it?
What’s changed for you since listening to our podcast?
What has this podcast meant to you so far?
Would you be willing to leave us an audio message?
Who was Nelson Nash?
Have you read Nelson’s book, Becoming Your Own Banker?
Would you like to read Becoming Your Own Banker on Kindle?
What is Nelson’s Nash’s story?
How does forestry inform life insurance?
How many generations should we prepare for?
What is the magic of leverage?
What motivated Nelson?
What did Nelson notice about the banks?
What did he notice about the life insurance policies?
What mindset change did Nelson experience?
What about 5-year-old geniuses?
Would you like to watch the Ted Talk by Dr. George Land?
What about Nelson’s famous grocery store analogy?
Are you “stealing your own peas”?
What is the Infinite Banking concept?
How much is the average person saving?
What about the volume of interest?
What about a typical mortgage?
What did Nelson say about being a pilot?
What is “the arrival syndrome”?
Are you willing to wait for the tail wind?
How does this all actually work?
How has Nelson impacted our lives and our clients lives?

Episode 93: [Great Problems] Can I Put A Lump Sum into A Policy? Part 2

June 14, 2019 by Not Your Average Financial Podcast

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In this episode, we ask:

Do you have giant piles of cash?
What are the six circumstances?
Did you listen to Part 1, Episode 92?
What is the answer to last episodes cliffhanger, the third unique way?
What is a single premium policy that allows you to add more money after the initial premium?
What if you’re dealing with a one time lump sum?
What do traditionally designed single premium whole life insurance policies allow?
What is a hybrid example?
How are Bank on Yourself authorized advisors influencing the insurance industry?
What did the insurance companies ask?
What happened?
What are the situations where using a Bank on Yourself policy for a lump sum makes sense?
Are you interested in a capital fund for real estate or business?
Do you need a holding place for future lump sums?
Do you have a need to pay for college?
What is a combo rider and how does it work?
What does a combo rider do?
Would you like the flexibility to put in a lump sum at irregular intervals?
What is the house analogy?
What is ART or Annual Renewable Term?
What is an ART rider?
How does the combo rider behave like universal life (UL)?
How is the risk much lower with a combo rider vs. a risky UL?
How can you get rid of the term rider within a combo rider?
What happens when you move the term rider into permanent insurance?
What happens when you know you won’t be getting additional windfalls? Can you drop the combo rider?
How can you move money into a policy right away?
How can you plan for expected windfalls?
How is this policy like a gas tank in a car?
How can you lock in your insurability?
How might you create a space to pour in cash?
How might you fund a college education without depleting or jeopardizing retirement funds?
What are the common vehicles for college funding?
Have you heard Episode 27?
What happens when you lock money into a qualified 529 plan?
How are Bank on Yourself type policies more flexible than a 529 plan?
What are some cool motivational incentives to get your kids to apply for a full ride?
What are all of the advantages?
Why does the government penalize parents that have saved for retirement and college?
Why does the government want you to be as poor as possible on paper to qualify for college funding advantages?
What can permanently give you an income that you can’t outlive?
What is the takeaway?
Are you working with an advisor who understands the nuances of these strategies?

Episode 88: Money Answers with Jordan Goodman

May 10, 2019 by Not Your Average Financial Podcast

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In this episode, we ask:

Who is Jordan Goodman?
Where is financial education?
How do people behave around the stock market?
What happens with debt?
What incentives are there to save?
Is debt fueling the economy?
What has changed with the new tax law?
What books has Jordan written?
How do we refinance car loans?
Is a car an asset or a liability?
What is myloangen.com ?
What is a defeat device on leased cars?
What about the high interest student loan debt?
What is splashfinancial.com/moneyanswers and how can they help with paying off student debt quicker ?
What is the problem of this generation?
What are some strategies for paying for college?
What about credit cards?
What is guidetocreditcard.com ?
How can we improve our credit score?
Are errors on your credit report?
What is the FACTA law?
What is tourdecredit.com ?
What about medical debt?
What are the qualified advocacy organizations?
What is healthcareadvocates.com ?
How do we prioritize business debts?
Who has the most leverage over your business?
What is Corporate Turnaround?
What is helpwithpayables.com ?
Where is Jordan’s landing page?
See go.moneyanswers.com/notaveragefinancial

Jordan Goodman is ‘America’s Money Answers Man’ and a nationally-recognized expert on personal finance. He is a regular guest on numerous radio and television call-in shows across the country, answering questinos on personal finance topics. He appears frequently on The View, Fox News Network, Fox Business Network, CNN, CNBC, and CBS evening news.

For 18 years Jordan was on the editorial staff of Money magazine, serving as Wall Street correspondent. While at Money, Jordan reported and wrote on virtually every aspect of personal finance. In addition, h e served as weekly financial analyst on NBC News at Sunrise for 9 years, and the daily business news commentator on Mutual Broadcastings System’s America in the Morning show for 8 years.

Jordan is the author / co-author of 13 bestselling books on personal finance including Master Your Debt, Fast Profits in Hard Times, Everyone’s Money Book, Master Your Money Type, Barron’s Finance and Investment Handbook.

Jordan is a popular speaker and seminar leader on personal finance topics for business people, students, associations, investment clubs, employees and more.