Recession Proof Real Estate Investing with Chris Prefontaine

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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]

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