#197 - How to get paid three different ways on one deal - Chris Prefontaine

Today’s guest is Chris Prefontaine, the chairman and founder of Smart Real Estate Coach and a four-time bestselling author. He is dedicated to teaching individuals how to transition from their W2 jobs into becoming full-fledged real estate investors. Chris is a recognizable giant in the industry and a certified fount of real estate investing knowledge accumulated from 31 years of experience, which he shares through both his business and his podcast—the Smart Real Estate Coach podcast, ranking in the top 0.5% of shows on Apple Podcasts. Chris joins us to share his knowledge with those who are looking to begin their investing journey, creative finance, and more. Tune in! Key Takeaways [00:00] Introducing Chris Prefontaine [04:38] Advice for beginner investors [08:05] Ballpark time frame for new investors before going into it full-time   [11:19] What is creative finance? What is buying on terms? [13:02] Where to find these deals [15:15] The Three Payday System [17:30] Owner finance deals [20:14] Traits that make a successful real estate investor [22:37] Advice on growing and managing your team [26:07] What Chris would do differently if he could start again [27:24] Connect with Chris Guest Links Website – smartrealestatecoach.com Youtube – youtube.com/smartrealestatecoach Affiliate link -https://smartrealestatecoach.com/?sld=92 Get Chris’ two books, Real Estate On Your Terms and Deal Structure Overtime, for free here: wickedsmartbooks.com/kirby1 Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals