579: Do Deals Outside the Box: How to Leverage Sandwich Leases with Chris Prefontaine

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 24 November 2017

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Did you know that over 80% of would-be buyers can’t qualify for loans in certain markets? If you’re working conventional property purchases exclusively, you’re missing out on tons of business. Real estate expert Chris Prefontaine is here to help change that. On today’s Real Estate Rockstars, Chris explains how to do deals outside the box. Listen and learn how his sandwich-lease strategy works so you can capture business from all prospective buyers, not just the ones with good credit. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:17.0	So the big question is this, how do most agents who don't have access to the secrets that the top agents hoard to themselves grow and prosper in today's real estate environment? That is the question and this podcast will give you the answers.
0:22.0	I'm Pat Hyman and welcome to Real Estate Rock Stars. All right,
0:36.2	Rock Star Nation. We have a great guest coming at a Newport, Rhode Island, Mr. Chris Pre-Fontaine.
0:50.0	Great guy used to be a realtor. Son used to be a realtor. He used to coach real estate agents, sold his company to call a banker and got involved in investing business and now he
0:55.0	he helps train people on train real estate agents among others on that uh... you know
1:00.0	that do deals outside of the box and for buyers they can't qualify and for sellers
1:06.4	that can't squeeze any equity out of their house he's got a lot of great ideas
1:11.9	that we're going to talk about here.
1:13.4	So get your paper and pencils ready. This is going to be some good stuff.
1:16.4	Chris, welcome the real estate rock stars.
1:18.4	Thanks for having me on buddy, I appreciate it.
1:20.4	Hey Chris, why don't you give us a little rundown on yourself so we can get to know you a little bit better?
1:26.0	Sure, so you did a good job there with the intro.
1:28.6	I was a realtor, then a broker owner, and I'm going to go back to like 1995-ish ended up selling my company to
1:35.7	Co-Bancher in 2000. We remained on as an agent of theirs with a non-compete for
1:41.6	several years and while I was doing that as you alluded to I did some coaching.
1:45.8	Not all glamorous as you probably get from a lot of interviews in the early 90s we were building homes and got a
1:52.0	expensive seminar and on doing subdivisions and
1:55.2	taking a hit financially. You know in my book in 2008 the debacle just annihilated
2:01.3	me and so that's why we've recreated a lot of things so I don't want to make it all rosy
2:05.3	Yeah, yeah, it never is right there's always a dark side to capitalism and I think it's important to let people know especially nowadays you know that there that that
2:14.6	exists so you crashed in 2008 were you an investor then yeah so I had I did the
	...

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