Author: Chris Prefontaine

20 Feb

Posted at 05:00h in Blog

One of the best things about the real estate industry is that you are ultimately in control of how much money you make. The more work you put into it, the more you'll get out of it. And the more you learn, the more profit you can create for yourself. So when someone comes to us with a very specific goal in mind, we get excited because we know that with our help and their drive, they'll be able to accomplish it. One of our recent Associates did exactly this—they enrolled in our program with the goal of using terms deals to...

09 Feb

Posted at 09:17h in Blog

What is your commitment to learning?  Over the years, I’ve been fortunate to spend time with entrepreneurs and highly successful people. That’s by choice. Dan Kennedy’s conference in the early 2000s, a Peter Lowe event—if you’re old enough to remember those—a Tony Robbins seminar. Those were in-person events, but if I go back further, I remember listening to cassette tapes non-stop in my car, especially commuting to and from college. Yes, cassette tapes were “in” back then. Back then (and even now), I would be constantly challenged to think about my personal and business plans going forward. And looking back, I’ve spent...

06 Feb

Posted at 10:56h in Blog

Timing is key when you're buying and selling homes as a real estate investor. But with terms deals, it's even more important. We often deal with people who need to sell their house quickly because of some type of life event, and the traditional avenues just aren't working for them. This is perfect for us because we can market their home to an entirely different group of people—and often a much larger group of people—who would otherwise be unable to purchase it with conventional financing. And we can often get it sold very quickly. When we take on a house that needs...

30 Jan

Posted at 11:27h in Blog

We often talk about how our average deal size is around $75,000 for All 3 Paydays® in our family business and between $45,000 and $250,000 and higher for our Associates around the country. When we mention these Paydays®, we're talking about: The initial non-refundable deposit The monthly spread The markup on the home plus the principal paydown over the length of the term Unlike traditional real estate deals where you'd get one lump sum, these Paydays® create sustainable and consistent cash flow month over month. With just a few deals, you can set yourself up for years to come. Many of...

19 Jan

Posted at 07:00h in Blog

I once wrote a piece called “Is Your Tree Dying?” and I began by relating a story about a property that Kim and I owned. We planted a small tree and over time it started to die. Naturally, this bummed us out! We loved the landscaping, the yard, and this particular tree—so we called in a tree specialist. They fertilized it, pruned it, did whatever it is they do to keep trees healthy, but it kept dying. Finally, I said enough is enough. I took the garden hose out twice a week and soaked the roots for over a month. Before we...

13 Jan

Posted at 07:00h in Blog

What do I know for sure after coming out of the 2008 real estate crash, as well as having weathered many storms economically and otherwise? Well, that’s a book-and-a-half in itself, but two things come to mind relative to you being able to experience a breakthrough financially and empowering yourself to literally design the life of your dreams for you and/or your family. I know for a fact that if every person who hears about and sees our Wicked Smart Community (and the experience the Associates are having and have had) knew they could also have a similar experience, everyone would take...

05 Jan

Posted at 09:21h in Blog

Whether it's real estate or otherwise, there are many things that hold people back from achieving what they're capable of or what they want out of life. Too many people just sit idly by living a mediocre life when they are capable of so much more. This is something we talk about with all of our Associates and in our community. We're using real estate and terms deals simply as a vessel to help people create their ideal lifestyles. We are setting families up for success and creating generational wealth that will affect future generations for years to come. And at the...

22 Dec

Posted at 07:00h in Blog

If you've never been in business for yourself before, there are a lot of things you may not be aware of from the get-go. One thing we see all the time is that people feel like they need to capitalize on every business opportunity that comes their way or they feel like they need to do business with everyone who reaches out to them. This is just wrong! Remember why you got into business in the first place: the freedom to do what you want! As a business owner, you get to choose who you work with. No one else does. So here...

15 Dec

Posted at 07:00h in Blog

Over the years, we've developed a set of six core values that guide nearly everything we do. If we ever need to make a decision in our coaching business, we ask ourselves if it would fall in line with our core values. We hold these core values in high regard, and we take them pretty seriously. We talk about them often, and we encourage our Associates to adopt some of them in their own real estate businesses. So, without further ado, let's dive into each of our six core values. 1. We Empower Individuals and Families Our ultimate goal is to help people create...

01 Dec

Posted at 09:07h in Blog

In the conventional real estate market, expired listings often scare away investors. Why would you pursue a house that has sat on the market for months? It's a recipe for disaster. But in our world, things are different. The rent to own market is completely separate from the conventional buying and selling market. When we take on a property, we're marketing it to a completely different group of people—and often a much larger group of people.  Just recently, I did a video with one of our couples in High 6 (also one of our Certified coaches) who sold a home in...