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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.
