Hey there Profiteers! Today’s episode is all about real estate, so take what you thought you know and put it to the side while you listen to this week’s episode! That’s right, in this episode with Chris Prefontaine, we’re talking how much money you need to get started with real estate (probably less than you expected) and how to improve your chances for success in real estate.
Also, don’t forget to follow me on Twitter (@EricProfits and @PersonalProfits) for all the latest from Personal Profitability – Chris and I enjoyed chatting so much that I’ll be on an upcoming episode of his podcast that you won’t want to miss.
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What We’re Chatting About This Week
Welcome to episode 106 of the Personal Profitability Podcast! Did you also know I have a YouTube channel? It’s located at youtube.com/ericrosenberg and, while it doesn’t say Personal Profitability, I promise it does focus on personal finance! You can check out the YouTube channel here and don’t forget to subscribe to the channel so you can get an alert when I publish a video (hint: every Friday!).
Today, I’m welcoming a real estate expert from the East Coast named Chris Prefontaine. It turns out, Chris is so persuasive that I’m tempted to join his real estate program! This is a really great episode (as they all are!) but it’s extra fascinating because my family’s next “target” for investing is real estate. I learned a lot about real estate from this episode, and I think you will too!
Many people think you need a lot of money to invest in real estate, but it turns out you don’t actually need that. We’ll talk about what you do need for real estate, but definitely take a listen, especially if you’ve been interested in real estate but were intimidated by the amount of money you thought you needed to get started!
If you’re interested in using your IRA to invest in a real estate property, check out Rocketdollar!
This Week’s Guest
Chris is the Amazon Best Selling author of Real Estate on your terms – Create continuous cash flow now, without using your cash or credit. He’s also founder of SmartRealEstateCoach.com and SmartRealEstateCoachPodcast.com.
Chris has been in real estate for 25+ years. His experience includes the construction of over 100+ single family and duplex homes (mostly 1990’s and selectively to date), has owned a Realty Executives Franchise (Massachusetts 1994-2000) as broker / owner which maintained high per agent standards and eventually sold to Coldwell Banker in 2000. The 2000’s included coaching ½ million and higher realtors in order to scale & automate their business throughout US and Canada. He also participated (and still selectively to date) in doing condo conversions (multi family homes to condos) and “raise the roof” projects (converting single family ranches to colonials in growth neighborhoods).
Chris has been a big advocate of constant education and participates regularly in high end mastermind groups and consulting with private mentors. He runs his own buying and selling businesses with his family team which buys 2-5 properties monthly so they’re in the trenches every single week. They also help clients do the same thing around the Country.
Chris and his family/team have done over 80 million in real estate transactions. They mentor, coach, consult and actually partner with students around the Country (by application only) to do exactly what they do.