Having been through the 2008 global economic crisis, Chris decided that there had to be a better way to buy real estate instead of getting a loan and putting his own assets on the line.
Chris has been in real estate for almost 30 years.
His experience ranges from constructing new homes in the ’90s and owning a Realty Executive Franchise to running his own investments(commercial & residential) and coaching clients throughout North America.
Today, Chris runs his own buying and selling businesses with his family team, which purchases 2-5 properties monthly, so they’re in the trenches every single week. He is also a 3-time best-selling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Real Estate Investing for Women and is the Founder and CEO of Smart Real Estate Coach and host of the Smart Real Estate Coach Podcast.
On this episode of the Rock Your Money, Rock Your Life podcast, Chris and I discuss why he never gets a loan to buy real estate, why it is so important to have a mentor, and why he is so passionate about helping others succeed.
What You’ll Learn from this Episode:
- What buying on “terms” means and how you can benefit from it
- What A.C.A.A means and how to implement it
- How the Smart Real Estate Coach team can help you
- And much more!
“Bridge the gap.”
Topics Covered:
00:00 – Intro to Chris
01:30 – The Smart Real Estate Coach
03:05 – A great teacher
04:25 – A.C.A.A
05:45 – Smart Real Estate Courses
07:28 – Passive income creates freedom
10:10 – Short term rentals
10:50 – Multi-family vs single-family in SREC
11:37 – Buying on “terms”.
17:23 – The 3 year, one million dollar plan
19:40 – A family man
20:30 – Connect with Chris
Key Takeaways
“There’s always a way to pivot.” – Chris Prefontaine
“You can buy anything on terms; boats, planes, furniture, it doesn’t matter.” – Chris Prefontaine
“The two times I had the most headaches while in real estate, I didn’t have a mentor.” – Chris Prefontaine
Connect with Chris Prefontaine:
Connect with Rock Thomas:
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