Transforming Financial Crises into Real Estate Success with Chris Prefontaine
Manage episode 450364759 series 3501528
Never Been Promoted Podcast with Thomas Helfrich
Chris Prefontaine joins the podcast to share his journey as a seasoned real estate investor and coach. Known for his resilience and innovative approach, Chris has helped countless people navigate the complexities of real estate, even during economic downturns. With his “3 Paydays” system, Chris empowers entrepreneurs to generate consistent, sustainable income from real estate without relying on traditional bank financing.
About Chris Prefontaine:
Chris Prefontaine is a four-time bestselling author, founder of Smart Real Estate Coach, and an expert in creative financing. He has over 30 years of experience in the real estate industry, including navigating the 2008 financial crisis, which reshaped his approach to business. His coaching and mentorship focus on teaching real estate investors how to build wealth through strategies that minimize risk and maximize long-term income.
In this episode, Thomas and Chris discuss:
- The “3 Paydays” Approach to Real Estate
Chris introduces his “3 Paydays” system, which provides three streams of income for each deal: an upfront payment, monthly cash flow, and a large payout at the end of the deal. This model enables investors to generate revenue from each property in multiple ways, making it more sustainable and profitable. - Resilience Through Economic Cycles
Chris shares how the 2008 financial crash impacted his career and the lessons he learned about risk management. He explains why real estate investors must prepare for economic cycles and why his approach focuses on building a resilient business model. - Helping People Become Homeowners
Through his rent-to-own model, Chris helps families who can’t qualify for traditional mortgages to work toward homeownership. He emphasizes the importance of ethics and responsibility, ensuring that buyers in his program are on a genuine path to owning their homes.
Key Takeaways:
- Creating Sustainable Income with “3 Paydays”
The “3 Paydays” system offers a reliable income structure for investors, reducing dependence on one-time payments and creating a steady cash flow over time. Chris explains how this method can yield anywhere from $45,000 to $350,000 per deal, depending on market conditions and deal specifics. - Minimizing Risk Through Creative Financing
By avoiding traditional bank loans, Chris’s strategies minimize personal risk for investors. He highlights why creative financing, like owner financing and subject-to deals, can be powerful tools for investors who want to avoid the volatility of bank-driven real estate. - Investing Ethically in Real Estate
Chris stresses the importance of integrity in real estate investing. He believes in supporting buyers on their path to homeownership rather than creating a revolving door of rent-to-own agreements, ensuring successful outcomes for all parties involved.
"Real estate success is about finding sustainable income streams and doing it with integrity." — Chris Prefontaine
CONNECT WITH CHRIS PREFONTAINE:
Website: https://smartrealestatecoach.com/
Get a Free Book: https://wickedsmartbooks.com/
LinkedIn: https://www.linkedin.com/in/chrisprefontaine/
CONNECT WITH THOMAS:
X (Twitter): https://twitter.com/thelfrich | https://twitter.
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章节
1. Transforming Financial Crises into Real Estate Success with Chris Prefontaine (00:00:00)
2. Real Estate Success Through Three Paydays (00:00:05)
3. Real Estate Coaching and Deal Structuring (00:09:20)
4. Real Estate Deal Structuring Strategies (00:12:12)
5. Real Estate Investing Strategies and Tips (00:20:08)
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