Manage episode 377704364 series 2813530
Imagine transforming your approach to real estate after a major financial crash - sounds daunting, right? Today, we're talking to Chris Prefontaine of @wickedsmartinc a real estate veteran, who did just that after the 2008 economic downturn, shifting gears to focus on creative financing. His insights are bound to leave you inspired and equipped with new perspectives on navigating the industry.
Through our conversation, we reveal tried and true negotiation strategies, providing you with the tools to craft deals that are mutually beneficial. Get ready for an informative deep dive into owner financing, and discover how to utilize it for real estate purchases. We also discuss the potential benefits of rent-to-own property arrangements for landlords and tenants, and introduce you to automated platforms like PropSparsity, designed to streamline your real estate processes.
But our conversation doesn't just stop at strategies. Chris shares his long-term outlook on successful real estate investing, emphasizing the importance of providing value to clients. We also hear from Dan, another industry veteran, about how to face common objections and identify lucrative deals. Chris concludes by shedding light on working with various types of investors, and the importance of strong contracts for rental properties. This episode is packed with valuable nuggets of wisdom for both seasoned and aspiring real estate enthusiasts. So, are you ready to embark on this knowledge-rich journey with us?
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Real Estate, Real Estate Investing, Creative Financing, Negotiation Strategies, Investment Strategies, Process, Rent-to-Own Property, Challenges, Success, Current Investors, New Investors, Owner Financing, Hybrid Deals, Subject-to Deals, Expired Listings, For Rent by Owner, PropSparsity, Automation, Marketing, Rent Collection, Debt Payment, Permits, Long-Term Outlook, Master in the Field, Providing Value, Keystone Objections, Sub-Two Deals, Solid Contracts, Seller Financing, Land Contracts, Acquisition, Disposition, Lead Generation, Leads