In this episode of The Vaults, I had an insightful conversation with Chris Prefontaine, the founder and chairman of Smart Real Estate Coach. Chris shared his journey through the 2008 real estate crash and how it shaped his approach to real estate investing. He emphasized the importance of creative real estate strategies that avoid bank loans and personal debt, along with building a supportive community with ongoing mentorship. We also discussed how technology, including AI, is transforming the real estate field. Chris generously offered free copies of his book Real Estate On Your Terms and highlighted his transparent, hands-on coaching style that focuses on completing real deals with students rather than just selling courses.
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👉In this episode of The Vaults, I had an insightful conversation with Chris Prefontaine, the founder and chairman of Smart Real Estate Coach. Chris shared his journey through the 2008 real estate crash and how it shaped his approach to real estate investing. He emphasized the importance of creative real estate strategies that avoid bank loans and personal debt, along with building a supportive community with ongoing mentorship. We also discussed how technology, including AI, is transforming the real estate field. Chris generously offered free copies of his book Real Estate On Your Terms and highlighted his transparent, hands-on coaching style that focuses on completing real deals with students rather than just selling courses.
🕗Timestamps
(00:00) Introduction to The Vaults
(01:19) Meet Chris: Real Estate Expert
(02:53) The 2008 Real Estate Crash
(03:27) Rebuilding with New Rules
(04:04) Smart Real Estate Coach Approach
(05:12) Biggest Lessons Learned
(05:47) Common Real Estate Mistakes
(06:54) Steps to Start in Real Estate
(08:41) Creative Real Estate Strategies
(09:51) Current Market Insights
(11:21) Impact of AI on Real Estate
(12:21) Best Business Advice
(13:47) Authenticity in Business
(14:52) Addressing Criticism and Real-Life Preparation
(15:08) Latest Book and Free Offers
(17:30) Common Mistakes and the Importance of Guidance
(18:45) Time to First Deal and Industry Challenges
(19:57) Team Expansion and Experience
(20:56) Advice for Future Real Estate Entrepreneurs
(23:19) Discipline and Entrepreneurship
(26:57) Overcoming Financial Crisis and Commitment
(28:11) Where to Find More Information
👉Key Takeaways
Creative real estate investing without bank loans or personal asset risk is a sustainable way to build wealth.
Having a trusted mentor or community significantly increases chances of success in real estate.
Patience and discipline are essential traits for long-term success in real estate entrepreneurship.
The rapid changes and uncertainties in the market actually increase opportunities for creative investors.
🌎 Connect with Chris
Download free copies of Chris Prefontaine’s books Real Estate On Your Terms and Deal Structure Over Time with no shipping cost at smartrealestatecoach.com (mention Sonja’s show to get the free offer).
Attend the free replay of Chris’s masterclass at smartrealestatecoach.com/mastersclass to learn foundational creative real estate investing techniques.
Engage with the Smart Real Estate Coach community to get hands-on support and partnership opportunities in deals.
Website: https://smartrealestatecoach.com
Masterclass: https://smartrealestatecoach.com/mastersclass
Book: http://bit.ly/smartrealestatecoachbook
Podcast: https://smartrealestatecoachpodcast.com/podcasts/
LinkedIn: https://www.linkedin.com/in/chrisprefontaine
Facebook: https://www.facebook.com/ChrisPrefontaineSmartRealEstateCoach/
Instagram: https://www.instagram.com/chrisprefontaine_/
YouTube: https://www.youtube.com/smartrealestatecoach
🌎 Connect with Sonja
Facebook: www.facebook.com/sonja.martinovic.1111
LinkedIn: www.linkedin.com/in/sonjamartinovic
Website: www.sonjamartinovic.com
🎤 Podcast post-production Seamless Multimedia