28 Jul Stacking: A Powerful Business Success Strategy, with Chris Prefontaine
Episode 290:
Chris Prefontaine is the best-selling author of Real Estate on Your Terms: Create Continuous Cash Flow Now, Without Using Your Cash or Credit. He’s also the founder of SmartRealEstateCoach.com and the Smart Real Estate Coach Podcast.
Chris has been in real estate for over 25 years. His experience includes the construction of over 100 single-family and duplex homes (mostly in the 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 the US and Canada. He also participated (and still does selectively) 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, as well as consults 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.
What you will learn in this episode:
- Why the terms niche is the ideal real estate investment niche, even during a challenging real estate market and uncertain times
- Chris shares a powerful business success strategy he recently shared on a High Six mastermind call about the year being half-over already
- Why the business success strategy of “stacking” can benefit you in your deals and in all aspects of your life
- What important questions to ask yourself to gauge your progress now that we've reached the halfway point in the year
- What steps you can take today to put yourself back on track if you aren't where you want to be at this point in the year
- What the two types of “stacking” are (general stacking and wealth stacking) and how they can transform your business
- Chris provides examples of general stacking scenarios and discusses some of the resources his family team has created for the Wicked Smart community
- How wealth stacking can help you grow your business and do bigger and more profitable deals, with four and even five paydays
Additional resources:
- Follow Chris and Zach on Club House to learn even more about deal structures and how to get 3 paydays from your real estate investments.
- If looking to secure some lines of credit for your business, check out Fund and Grow – Visit our Resource page at https://smartrealestatecoach.com/resources
- Schedule a FREE Strategy Call: SmartRealEstateCoach.com/action
- Register for our free masterclass: www.SmartRealEstateCoach.com/mastersclass
- Real Estate on Your Terms by Chris Prefontaine
- SmartRealEstateCoachPodcast.com/webinar
- SmartRealEstateCoachPodcast.com/ebook
- SmartRealEstateCoach.com/QLS
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