Real Estate on Your Terms with Chris Prefontaine | EP63

Chris Prefontaine is a three times 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 host of the Smart Real Estate Coach Podcast.

In this episode we talked about:

• How Chris got into Real Estate
  
• The “On Terms” investment strategy
  
• Non-bank financing
  
• Owner financing
  
• Principal only payments
  
• Family run businesses
  
• Importance of value and mission statements
  
• The value of discipline
  
• The power of self accountability
  
• The impact of Great Recession on Real Estate profitability
  
• Searching for Deals
  
• Distribution of Team Roles
  
• Opportunities in 2021
  
• Mentorship, Resources and Lessons Learned
  

Useful links:
https://smartrealestatecoach.com

Transcription:

Jesse (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. All right, ladies and gentlemen, welcome to working capital the real estate podcast. My name is Jesse Fragale and my special guest today is Chris Prefontaine. Chris is a three-time bestselling author of real estate on your terms, the new rules of real estate investing and when Nika Sawyer is real estate investing for women, he's also the founder and CEO of smart real estate coach.com and the host of smart real estate coach podcast. 

 

Chris, how's it going? 

 

Chris (47s): I am doing awesome. Thanks Jesse. Thanks for having me on. 

 

Jesse (50s): Yeah, my pleasure. Like I was saying before the show, we're very happy to have you on, I did get a copy of your book. I believe the one I received was new rules of real estate investing. I brought that into, into the brokerage into the office. So a lot of good stuff in there. I found it really interesting just because it took a little bit of a different approach as it was kind of a best or greatest hits of different people and different experts giving their view. So hopefully we can get into that. How's everything been. I mean, we're in a bit of a unique world right now. 

 

How have you, how have you been fairing over the last, the last year or so? 

 

Chris (1m 27s): Yeah, we're super busy. I hate to, I hesitate all the time to say that, cause I know some people get hurt, but literally from April 1st, 2020, we have crank and it got a little tight with the market being so crazy these last few months, but we're literally, as of this morning, seeing the people commenting and the deals going up through the roof