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Surviving Real Estate Cycles: How To Buy Properties With None Of Your Own Money


Key Takeaways:

 How Chris got started in real estate.

• What is a niche in terms of real estate, and how did Chris land in this particular niche?

• Controlling a property through a lease purchase.

• Why would sellers be happy with principal-only payments with no interest?

• How to confidently converse with your seller about the “no money down” strategy.

• Buying subject to existing properties.

• Chris’s top three strategies for finding motivated sellers who are not part of the MLS.

In today’s show of Real Estate Investing with Jay Conner, Chris Prefontaine joins Jay to teach everyone how to survive real estate cycles, understand the challenges of the real estate business and help investors navigate the constantly changing real estate markets. Chris Prefontaine is a 3-time 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. 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 business with his family team, which purchases 2-5 properties monthly, so they’re in the trenches every single week. They also help their Associates and students do the exact same thing all across North America, working together on another 10-15 properties every month.

Timestamps:

0:01 – Get Ready To Be Plugged Into The Money

0:16 – Today’s guest: Chris Prefontaine

2:54 – What is Terms & Terms Niche In Real Estate?

6:20 – What is Lease Purchase?

9:46 – What is Seller-Financing?

11:32 – Why would most sellers be happy with principal-only payments and no interest?

14:20 – Percentage of Seller-Financing with No-Downpayment

16:34 – What is Subject-To The Existing Note?

20:22 – More Subject-To Sellers In Today’s Real Estate Market

23:46 – Effective Ways In Finding Motivated Sellers

25:50 – Biggest Mistake In Real Estate And How Did You Overcome It

27:40 – The Best Mindset To Continuously Push Through

28:54 – Get Chris Prefontaine’s Best Selling Book: “Real Estate On Your Terms and Deal Structure Overtime” simply go to this link – https://www.JayConner.com/Chris

30:49 – Connect with Chris Prefontaine – https://www.SmartRealEstateCoach.com







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Have you read Jay’s new book: Where to Get The Money Now?

It is available FREE (all you pay is the shipping and handling) at

https://www.JayConner.com/Book 

What is Private Money? Real Estate Investing with Jay Conner

https://www.JayConner.com/MoneyPodcast

Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his own money or credit.

What is Real Estate Investing? Live Private Money Academy Conference

https://youtu.be/QyeBbDOF4wo

YouTube Channel

https://www.youtube.com/c/RealEstateInvestingWithJayConner

Apple Podcasts:

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Facebook:

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Listen to our Podcast:

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