Why is it important to learn the importance of being careful taking advice from others? In this episode of The Academy Presents: Real Estate Investing Rocks, we welcome Chris Prefontaine. Chris shares how to stay informed and make smart decisions in the real estate market. He talks about the importance of doing thorough research before investing in any real estate program, looking out for one-off pieces of advice, and how to seek out experts in your desired field.

Join Angel and her esteemed guest to discuss how real estate investments can be a great way to build wealth if one is responsible, and the risks associated with the industry.

Tune in now as Chris shares his insights on the importance of being careful taking advice from others!

[00:01 - 02:29] Don’t Take Advice From Everyone

• Angel welcomes back, Chris Prefontaine!
• Balloon payments are common in owner financing

[02:30 - 07:03] Beware Of False Expectations

• Fractional ownership was popular before the crash
• Taxes can be considered when selling property piecemeal
• Take advice from people who have experienced markets changing
• Friends and family can derail your success

[07:04 - 11:07] How To Find The Right Real Estate Coaching Program

• Good debt can be used to purchase a personal home and build wealth
• It is important to get advice from someone who has experience in real estate
• Ups and downs are normal in real estate
• Be aware of false expectations when looking for a program or coach

[11:08 - 14:23] Closing Segment

• Chris shares why is it important to make sure the program or coach is true to their word and matches your needs!
• Tune in to this episode to learn more about Chris!

Tweetable Quotes:

“Unless they are where you want to be, don’t listen to them. You have to take the word “family” out.” – Chris Prefontaine

“When we do it on an owner-financing, we deal mostly with people that are free and clear.” – Chris Prefontaine

You can connect with Chris Prefontaine through:

Website: Smart Real Estate Coach

Facebook: @smartrealestatecoach

YouTube: @smartrealestatecoach

Instagram: @smartrealestatecoach

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