Not Just A Transaction

Not Just A Transaction

By Nick Prefontaine and Zachary BeachBusinessInvesting
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Not Just A Transaction episodes

  • When I Get To the End of My Lease Can I Use Uncle Frank Because He Does Loans and I Want to Give Him the Business?, with Nick Prefontaine

    Episode Topic:

    In this episode of Not Just A Transaction, host Nick Prefontaine discusses securing a loan before the rent-to-own agreement expiration date. He explains why Pre Property Solutions puts buyers in touch with lenders that are familiar with the process, and why you may want to avoid working with lenders you know that haven’t worked on unconventional deals.

    Glossary of Special Terms Used in this Episode:

    • Rent-to-own – An agreement between a homeowner and a renter that gives a renter the option to purchase the rented property during or at the end of the rental period.
    • Lender – A bank, credit union, or other financial institution that provides mortgage loans to qualified buyers.
    • Deposit – An amount of money paid as an installment towards a purchase.

    What you’ll learn about in this episode:

    • Why Pre Property Solutions reaches out 10-12 months before the expiration of an agreement to connect buyers with a lender
    • Why is it easier to work with a lender that is already familiar with rent-to-own deals
    • How buyers put themself at risk when they are not proactive about getting their loan
    • Why does Pre Property Solutions refer buyers to lenders even if they don’t get a referral fee
    • How many months could it take to secure a home loan from a lender

    Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Nick’s Bio:

    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    12 min
  • Creating New Homeowners, with Scott Ulmer

    In this episode of Not Just A Transaction, host Nick Prefontaine speaks with Scott Ulmer of Little Pink Houses of America. He explains how he helps buyers who can afford payments but are unable to qualify for a mortgage. Scott also shares how he helps sellers who have the time to wait to cash out, receive an additional 10 to 15% return on their home.

    Glossary of Special Terms Used in this Episode:

    • Lease Option – An agreement between a homeowner and a renter that gives a renter the option to purchase the rented property during or at the end of the rental period.
    • Down payment – An initial payment made when purchasing a home.
    • Forbearance – Temporary financial relief from the obligation of making a payment on a debt. A forbearance is an option for a lender or creditor who wants to extend the opportunity to postpone repayment to a borrower who is experiencing financial difficulties or personal hardship.

    What you’ll learn about in this episode:

    • How Scott was able to purchase his first home at only 14 years old
    • How Scott’s company helps people who can afford a mortgage but can’t qualify, become homeowners
    • Why sellers who can wait 12 to 18 months before being cashed out, they can see a 10-15% additional return
    • What does preeminence mean, and how it applies to Scott’s real estate business
    • Why having a business that gives back to the community is a recipe for success

    Resources:

    • Website:
      • http://scotulmer.net/
      • https://www.pinkhousesofamerica.com/
    • LinkedIn:
      • https://www.linkedin.com/in/scott-ulmer
      • https://www.linkedin.com/company/naremm
    • Facebook: https://www.facebook.com/littlepinkhouses4u/

    Additional Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Scott’s Bio:

    Scott has always had a passion for real estate. At just 14 years old Scott bought his own home after buying and selling a car that he found at a yard sale. From then on, he knew he had a natural talent for negotiating and selling homes. Recognizing he yearned to be part of the business world from a young age Scott graduated from The Ohio State University with a degree in business, finance, and Communication Studies.

    After graduating, he won the 20 under 40 award at 26 for a business he founded called, Aspiring Minds of Toledo. Scott then entered his family real estate business that ended up being far from what he expected. Though the outcome of his family business was not ideal. Scott did gain proficient professional skills and expertise he used throughout his career in real estate.

    Now, Scott recently started his own company dedicated to mentoring and training those who want to become real estate agents, or who wish to become property buyers or sellers. Scott has experienced over 1500 lease options, land contracts, owner financing, subject two’s, and now wants to share his business strategies with the world. Scott has a compilation of videos and other mentoring resources that help his clients learn about these kinds of investment strategies so they can excel in the world of real estate just as he has.

    Nick’s Bio:

    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:

    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    24 min
  • Solving Unforeseen Challenges, with Zach Beach

    Episode Topic:

    In this episode of Not Just A Transaction, host Zach Beach discusses the purpose behind Pre Property Solutions. He also shares real-life examples of the unforeseen financial and real estate challenges they’ve helped buyers and sellers get through.

    Glossary of Special Terms Used in this Episode:

    • Rent-to-Own – An agreement between a homeowner and a renter that gives a renter the option to purchase the rented property during or at the end of the rental period.

    What you’ll learn about in this episode:

    • What is the purpose of Pre Property Solutions
    • How Pre Property Solutions can help during unforeseen financial or real estate challenges
    • What are examples of the challenges that Pre Property Solutions helps solve
    • Why someone who has recently lost a child or went through a divorce would want to work with Pre Property Solutions
    • What are some of the struggles that homeowners with a second home face

    Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Zachary’s Bio:
    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    8 min
  • Thinking Outside the Box, with Greg & Cami Goucher

    Episode Topic:

    In this episode of Not Just A Transaction, hosts Nick Prefontaine and Zachary Beach speak with Greg and Cami Goucher of Mingo Properties. They explain how they help home buyers and sellers lock in equity and get the most out of a property with a terms deal. Greg and Cami also share what makes a buyer a good fit for their lease-purchase contracts.

    Glossary of Special Terms Used in this Episode:

    • Lease Option – An agreement between a homeowner and a renter that gives a renter the option to purchase the rented property during or at the end of the rental period.

    What you’ll learn about in this episode:

    • Why did Cami and Greg quit their W2 jobs to pursue terms real estate
    • How a buyer can lock in their equity at the beginning of a deal
    • What are the benefits of a lease purchase for a home seller
    • How sellers can get the most out of a property by doing a lease-purchase deal
    • What would make a buyer not a good fit for a lease-purchase contract with Mingo Properties

    Resources:

    • Website: http://mingoproperties.com/
    • Facebook: https://www.facebook.com/mingo.properties/
    • Instagram: https://www.instagram.com/mingo.properties/

    Additional Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Greg and Cami’s Bio:

    Greg and Cami are real estate investors in Ohio and are Co-Founders of Mingo Properties. They understand that life brings challenges that we cannot always foresee. They have experienced divorce, blending a family, being adult learners, and financial challenges. Last year they both left their full-time W2’s to pursue their entrepreneurial dream. They bring empathy, compassion, and honesty to their business and those they work with. Greg and Cami are also certified coaches for Smart Real Estate and coach others in the Terms Real Estate niche.

    Nick’s Bio:

    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:

    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    20 min
  • Why Would A Banker Sell To Investors?, with Nick Prefontaine and Zachary Beach

    Episode Topic:

    In this episode of Not Just A Transaction, hosts Nick and Zachary discuss how a banker who has worked in the finance industry for twenty years was able to benefit from selling his home outside of the traditional market. They also share how PreProperty Solutions helps sellers who are moving across the country.

    Glossary of Special Terms Used in this Episode:

    • Lease Option – An agreement between a homeowner and a renter that gives a renter the option to purchase the rented property during or at the end of the rental period.

    What you’ll learn about in this episode:

    • What benefits a banker has in selling to a real estate investor
    • Why do sellers have to pay out of pocket when they sell their home
    • How someone who spent 20 years in finance isn’t aware of working with investors likes Pre Property Solutions
    • Why the traditional real estate market doesn’t work for everyone, even people who aren’t in financial distress
    • Why sellers who are moving across the country benefit from working with Pre Property Solutions

    Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Nick’s Bio:
    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:
    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    12 min
  • Teaching Significance, with Justin Stoddart

    Episode Topic:

    In this episode of Not Just A Transaction, host Nick Prefontaine speaks with CEO, Bestselling Author, and host of the Think Bigger Podcast show–Justin Stoddart. He explains how he helps sellers and buyers close on their homes with title and escrow. Justin also shares the model that he’s developed to help real estate agents get to their clients.

    Glossary of Special Terms Used in this Episode:

    • Title: insurance that offers protection to home buyers against accidental or malicious acts.
    • Escrow: a third party company that holds assets and money of both parties during a transaction.

    What you’ll learn about in this episode:

    • What is title insurance and escrow
    • How title insurance ensures that you don’t inherit the sellers baggage
    • Why it’s important to focus on a life of a significance rather than success
    • What is the Upstream Model and how it helps real estate agents
    • Why you should always prioritize your home life, ahead of success

    Resources:

    • Website: https://justinstoddart.com/
    • YouTube: https://www.youtube.com/c/justinstoddart
    • Instagram: https://www.instagram.com/justinstoddart/
    • Linkedin: https://www.linkedin.com/in/justinstoddart/
    • Facebook: https://www.facebook.com/thinkbiggerrealestateshow
    • Podcast: https://justinstoddart.com/podcast/
    • Paperback Book: https://justinstoddart.com/book
    • Free Ebook: https://justinstoddart.com/freebook/

    Additional Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Justin Stoddart’s Bio:

    Justin finished his Bachelor’s degree in construction management and business. He self-funded his college education by partnering with investors to flip homes, owning and operating a home services business and then working for a high-end home builder, which later led Justin to form his own high-end home building company. In 2007 his company built the featured home of the area’s Parade of Homes.

    Despite rapid growth and success in the early to mid 2000’s in luxury home building, the market crash forced deep introspection and Justin came to realize that his passion wasn’t building homes, but rather building business and building people.

    Over the past two decades, Justin has owned, ran and grown small businesses, becoming an expert and thought leader in marketing, branding and business strategy.

    Now, his day-to-day entails being knee-to-knee with professionals through individual or team consultations, training and masterminds. In these settings, Justin is positioned on the front lines to help identify the biggest challenges facing professional industries and the subsequent opportunities that always follow.

    He recognizes the urgent need to help inspire industry professionals to Think Bigger. As an industry challenger, educator and leader, Justin is intent on helping to reshape the value proposition of well-paid professionals so that they can have a life of success and significance, income and impact.

    He is the host of the Think Bigger Real Estate Show where he interviews the biggest thinkers and highest achievers in the real estate industry. Justin is also an author and a nationally recognized, award-winning producer and speaker/trainer.

    He is also the International Best-Selling Author of The Upstream Model- Hidden Secrets to Building a Massive Referral Business While Crushing Big Tech Competitors.

    Nick’s Bio:

    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:

    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    16 min
  • Case Study of Rent to Own Buyers That Started This Month, with Nick Prefontaine and Zachary Beach

    Episode Topic:

    In this episode of Not Just A Transaction, hosts Nick and Zachary discuss rent-to-own buyers working with Pre Property Solutions this month. They explain how the journey of the self-employed buyers often differs from traditional employees. They also share how having a 20% downpayment can benefit you.

    Glossary of Special Terms Used in this Episode:

    • Down payment – An initial payment made when purchasing a home.
    • Deposit – An amount of money paid as an installment towards a purchase.

    What you’ll learn about in this episode:

    • What benefits rent to own buyers receive while working with Pre Property Solutions
    • Why Pre Property Solutions would like to see their rent to own buyers get to a 10% down payment
    • How Pre Property Solutions can get rent to own buyers to never need a bank once they get their downpayment to 20%
    • Why do some buyers who make more money, and have better credit than others need more time to qualify for a loan
    • How self-employed business owners experience a different situation with their accounting than other buyers

    Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Nick’s Bio:
    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:
    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    14 min
  • Transforming Neighborhoods, With Dan Breslin

    Episode Topic:

    In this episode of Not Just A Transaction, hosts Nick Prefontaine and Zachary Beach speak with Dan Breslin of Diamond Equity Investments. He explains how he helps clean up neighborhoods by flipping outdated houses. He also shares how families can close the chapter without altering their memories by selling directly to an investor.

    Glossary of Special Terms Used in this Episode:

    • Flipping – When a real estate investor purchases a distressed property or a home in need of repairs or renovation, makes the needed changes, then resells the property at a markup.

    What you’ll learn about in this episode:

    • How Dan was able to start a career flipping houses after jail
    • Why some people would rather forego making more profit and sell their home as-is
    • How it is often simpler to sell to an investor than with a realtor
    • Why the key to flipping houses is the fast and convenient sale
    • How Diamond Equity Investments helps sellers close deals within hours or a few weeks

    Resources:

    • Website: https://diamondequity.com

    Additional Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Dan Breslin’s Bio:

    Dan Breslin is the current host of the REI Diamonds Podcast. He is the Founder and President of Diamond Equity Investments, a quick flip investing company with yearly revenues of over $3 million currently operating in Chicago, Philadelphia, Atlanta, Tampa, and Miami. Since founding the company in 2006, he has closed hundreds of deals, all of those deals off-market except one, and that one was a bad deal. The one deal that he used an agent, he lost money on. These days, he does between anywhere from 25 and 50 deals, dealing directly with the seller every single month.

    Nick’s Bio:

    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:

    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    20 min
  • The Process of Closing on a Loan, with Nick Prefontaine

    Episode Topic:

    In this episode of Not Just A Transaction, host Nick Prefontaine discusses a real-life case study of a Pre Property Solutions buyer that recently closed on their loan. He also shares a realistic timeframe for the loan process, and why it’s important to work with lenders that are familiar with the lease-purchase agreement.

    Glossary of Special Terms Used in this Episode:

    • Lease Option – An agreement between a homeowner and a renter that gives a renter the option to purchase the rented property during or at the end of the rental period.
    • Lender – A bank, credit union, or other financial institution that provides mortgage loans to qualified buyers.
    • Deposit – An amount of money paid as an installment towards a purchase.

    What you’ll learn about in this episode:

    • Why Nick reaches out to the buyer and seller after closing a deal
    • What happens when a buyer is ready to start the process to get their loan
    • How long it typically takes a buyer to close on a loan
    • Why Pre Property Solutions likes to refer buyers to familiar lenders
    • How a seller can get rid of an asset without dealing with any problems that arise

    Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Nick’s Bio:

    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:

    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    23 min
  • Resolving IRS Issues, With Gerry DeLang

    Episode Topic:

    In this episode of Not Just A Transaction, host Nick Prefontaine speaks with Gerry DeLang of EndTaxProblems. He explains how he helps individuals and business owners alleviate their stress and anxiety from dealing with complications from the IRS. He also shares how a simple 15-minute conversation can answer unknown questions to immediately help you feel in control and at ease.

    Glossary of Special Terms Used in this Episode:

    • Statute of limitations: a law that sets the maximum amount of time that someone can legally file a lawsuit.

    What you’ll learn about in this episode:

    • How the IRS causes anxiety and worries within home life and personal relationships
    • What is the simplest thing you can do to reduce the stress of problems with the IRS
    • How the statute of limitations affects back tax payments
    • Why do many people think that others don’t suffer from IRS complications
    • How to get back on track after being a non-filer for several years

    Resources:

    • Website: https://endtaxproblems.com

    Additional Resources:

    • Pre Property Solutions website: https://www.prepropertysolutions.com/
    • Contact Us: https://www.prepropertysolutions.com/contact/

    Gerry DeLang’s Bio:

    In 2001, reacting to a huge need in the marketplace, Gerry DeLang founded EndTaxProblems to help taxpayers navigate and resolve their very painful IRS Issues. His company has successfully represented thousands of people over the years, restoring peace and sanity to their lives. They have helped folks from all walks of life, from the long-term nonfiler to the affluent business-facing payroll tax and personal tax issues. Oftentimes life events, health crises, divorce, business failure, accidents, etc throw what was once an orderly financial life into disarray. Never mind the great crashes of the internet bubble and the real estate meltdown. The real estate meltdown caused business issues, personal issues, and commercial real estate debt issues to increase even more.

    His team of seasoned Enrolled Agents and tax professionals has worked together for almost 20 years, handling all kinds of issues successfully.

    So, if you have tax problems large or small, business or personal, from the simple to the most complex, they are here to serve.

    Nick’s Bio:

    In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents that he probably wouldn’t walk, talk, or eat on his own again. Less than 3 months later, he was running out of Franciscan Children’s hospital. Now Nick speaks to groups that benefit from his message of overcoming adversity.

    Nick grew up in the real estate industry and got started at an early age. Most notably, he was knocking on Pre-Foreclosure doors at 16, doing up to 50 doors a day. This experience helped shape Nick’s real estate career. When someone opens the door you better have something compelling to say.

    Now, Nick specializes in working with lease purchase buyers to get them into a home and on the path to home ownership. That includes working with them throughout the entire deal which ends in them being able to get their own loan. Getting buyers to the finish line is something Nick and the entire Pre Property Solutions team take pride in. That is something that separates them from their competition. Regardless of a buyer’s credit situation, he looks at their complete financial picture and comes up with a plan to get them into a home.

    Zachary’s Bio:

    Zachary is an Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and has personally completed hundreds of real estate transactions and has mentored investors to complete thousands of transactions.

    At the age of 25, Zachary decided to leave the world of bartending and personally training and jump into the family business. Now he is an equal partner and runs the acquisitions department, focusing on helping sellers accomplish their goal of selling their property.

    If Zachary is not working, you will find enjoying the outdoors or spending time with his wife Kayla and two kids Remi and Bellamy. His passion for family and business is what keeps him motivated and excited to take on each day.

    21 min

About Not Just A Transaction

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