Show Notes
Most real estate investors think you need a bank, perfect credit, or a pile of cash to do deals. Chris Prefontaine has been proving that wrong for decades and he survived the 2008 crash to build one of the fastest growing real estate companies in America three years running on the Inc. 5000 list. In this episode of The M.O.R.E. Show, Justin Colby sits down with Chris Prefontaine, founder of Smart Real Estate Coach and author of the 3 Paydays book series, to break down exactly how creative financing and terms deals work in today's market, why subject-to and owner financing are some of the most powerful tools available to any investor right now, and why the most dangerous thing you can do is chase shiny objects instead of going deep on one strategy.
KEY TOPICS COVERED:
- Creative financing explained, how to buy real estate without banks, cash, or credit
- Subject-to and owner financing deals, how they work and why sellers say yes
- The 3 Paydays model, how to get paid three times on every single deal
- Why Chris survived the 2008 crash when most investors did not and what he learned
- Shiny object syndrome: why chasing two rabbits means catching zero
- Why you should follow someone who has been through real market cycles, not just a bull run
️Key Moments
00:00 — Foreclosure, the repo man, and starting over
00:52 — Introducing Chris Prefontaine
01:10 — Three years on the Inc. 5000 list
01:43 — 82 active markets — real deals, not theory
02:15 — The guru epidemic
03:45 — How the coaching community works
04:03 — Subject-to, owner financing & lease options explained
07:00 — The 3 Paydays model
12:00 — How to get sellers to say yes to creative terms
18:00 — Creative financing in today's market
22:00 — Shiny object syndrome & Chris's six laws
23:43 — Chase two rabbits, catch zero
24:22 — Follow someone who has the life you want
25:00 — What success actually looks like after the scars
26:06 — Free workshop & how to get the 3 Paydays book
27:25 — Where to find Chris Prefontaine
Connect with Chris Prefontaine:
Website: smartrealestatecoach.com
Book: 3 Paydays visit 3paydaysbooks.com/more for a free copy
Free Workshop: smartrealestatecoach.com/masterclass
About The M.O.R.E. Show:
The M.O.R.E. Show is hosted by Justin Colby and is dedicated to helping real estate professionals, investors, and entrepreneurs maximize opportunity in any market. New episodes every week.
Learn more: www.timeformore.com
Invest with Elevest Capital: www.elevestcapital.com
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Chapters16
Loading embedded chapters…