Ritter on Real Estate Real Estate Investing On YOUR Terms With Chris Prefontaine
Today's guest is Chris Prefontaine! Chris is the best-selling author of 2017’s Real Estate On Your Terms and 2019’s The New Rules of Real Estate Investing. A real estate investor with over 28 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.
Key Points:
-How 2008 effective Chris Prefontaine.
-Not recommending new investors to get traditional loans.
-Using creative financing to leverage deals.
-Chris explains owner financing.
-Wholesaling vs. lease purchase options.
-Getting paid three times on deals.
-How Chris gets three paydays on his deals.
-Rent-to-own Investments how they work.
-Getting people back into home ownership by purchasing on terms.
-How Chris finds deals.
Books Mentioned:
- Shoe Dog By Phil Knight
Get Chris’s Book FREE: www.wickedsmartbooks.com/ritter
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Production by Outlier Audio