Listen "Episode 38: Recession Proof Real Estate Investing with Chris Prefontaine"
Episode Synopsis
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 is the founder and CEO of Smart Real Estate Coach and host of the Smart Real Estate Coach Podcast. In this episode we discuss: How he got involved in real estate [4:22] Lessons learned while investing in real estate and methods for recession proof real estate investing [6:45] What does burning and selling in TERMS means [8:39] Challenges when buying in terms [11:33] Finding the right deals [12:50] Example of a terms deal [14:02] Buying and selling properties virtually [15:48] Who is responsible for making the payments to the note owners of the property? [17:10] Common pitfalls for people when starting a deal [20:00] Characteristics of people that succeed in using Chris' methods [21:50] Hedges he put in place to avoid loss in times of a crisis [23:42] The best lessons are learned in failure [25:17] How to learn more about Chris' methods of investing [26:10] Using terms to purchase your own home [27:46] Advice for budding real estate investors [29:02] Links to sources and tools Get his books and learn more about recession-proof real estate investing https://amzn.to/3nzkdBd Follow Chris Prefontaine on social media: LinkedIn: bit.ly/335yojH Instagram: bit.ly/3jXXlo4 Twitter: bit.ly/3bK3wJu Company's Facebook Page: www.facebook.com/smartrealestatecoach/ Listen to more real estate investing related episodes here: Building a Real Estate Team with Agostino Pintus: bit.ly/3inplkF Real Estate Investment Strategies with Daniel Bobry: bit.ly/3h9V3QP How To Start In Real Estate Investing – Mark Anderson: bit.ly/3hdQncC How to Mitigate Common Problems in a Rental Properties with Ricardo Ugas: bit.ly/2GCEyQB Thanks for listening. Don't forget to like us on Facebook: https://www.facebook.com/passthesecretsauce to get updates on new episodes. If you haven't already, please follow and leave a review for our podcast, we'll really appreciate it. And as always, don't forget to pass the secret sauce. Support our podcast If you're a fan of the show, there are three simple things you can do to support our work: Subscribe, rate and review: https://podcasts.apple.com/us/podcast/pass-the-secret-sauce-by-matt-shields/id1506940483 the podcast on iTunes or wherever you subscribe. Tell a family member, friend, or colleague about the show. Subscribe to us on YouTube: https://www.youtube.com/channel/UCJ5eItxsGWyGKC91zd1pzbA and follow us on LinkedIn: https://www.linkedin.com/company/pass-the-secret-sauce-podcast This podcast is hosted by ZenCast.fm
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