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Chris Prefontaine

Episode 31: Sandwich Leases: Real Estate Investing on Your Terms

Chris Prefontaine has been in real estate for 25+ years and has built over 100+ single family homes (1990’s), has owned a Realty Executives Franchise (Massachusetts 1994-2000) and eventually sold his brokerage business as a realtor to Coldwell Banker in 2000. The 2000’s included coaching people throughout US and Canada and 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 has participated annually in high end mastermind group personally with Ron LEGRAND. He also does JV deals with Ron Legrand for the $1mil + properties. Chris’s company Pre Property Solutions buys between 4-10 properties monthly and a large percentage of those are done via lease/options as well as selling via special terms lease. Chris and his family/team has done over 75 million in real estate transactions. Chris also coaches others throughout the country to do the same. He has passion in helping others in allowing them to grow to their full potential.

What you’ll learn about in this episode:

  • Chris’ background
  • Chris’ niche: sandwich leases (these work everywhere but Texas but we are going to research more on this)
  • What happened to Chris and his business when the market crashed and how he changed his business because of it
  • Why you’d absolutely be foolish to go into sandwich leases without a mentor
  • How much money it takes to get into sandwich leases
  • Chris’ upcoming book “Real Estate On Your Terms”
  • Where Chris would spend money when starting a business
  • Why inaction is one of the biggest mistakes you can make
  • Where Chris turns for coaches and mentors
  • Books that Chris is reading now — and why it’s so important to rotate topics
  • What’s next for Chris and his business
  • Why you should hire VAs
  • Why you need to find someone whose material you like — and the steps to take once you’ve found them

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