New Rules of Real Estate Investing: 3 Checks Per Deal - Chris Prefontaine Episode #94

GUEST BIO Chris Prefontaine steps into the lab to share more about his amazing 30 years experience. Chris 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. Chris has a remarkable 30 years experience ranging 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. To top it off he is also the Founder and CEO of SmartRealEstateCoach.com and host of the Smart Real Estate Coach Podcast. And who says that’s everything? Chris also runs his own buying and selling businesses with his family team, which purchases 2-5 properties monthly. And get this, 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. Having been through several real estate cycles, Chris is a certified Master of Experimenting Series. He has worked on a lot of experiments to prove what actually works. Join us today to uncover the proven ways of understanding the challenges of this business and how we can navigate the constantly changing real estate waters. HIGHLIGHTS OF THE EPISODE 01:53  Background of the guest - Chris Prefontaine 02:58  Type of Real Estate Chris is doing 04:15  Getting 3 checks per deals 05:55  Pre Covid and During Covid problems KEEPING IT REAL 08:30  Things that can impact your loan 12:11  How scaling the business looks like 16:37  Finding the sellers 20:03  Formula for success 21:42  Importance of coaching and why Chris loves coaching ANSWERS TO THE RAPID FIRE QUESTIONS IN THE SHOW: 25:05  Favorite Book - The Hard Thing About Hard Things by Ben Horowitz 25:17  Best Habit - Working out | Meditating | Gratitude in the morning 25:38  Best Tool - Freedomsoft products BOOKS MENTIONED IN THIS SHOW Rich Dad Poor Dad by Robert Kiyosaki NOTABLE QUOTES (KEY LESSONS): “There’s a mental piece of coaching that you can only get and understand when you coach, and that is seeing someone go from I’ve never done a deal to leaving corporate life especially all the chaos is going on and really designing the lifestyle.” CONNECTING WITH THE GUEST Website | Instagram | Facebook | LinkedIn | YouTube #ExperimentBusiness #ExperimentCoaching