Not Just A Transaction

Episode Topic:

In this episode of Not Just A Transaction, hosts Nick and Zachary discuss the impact that the COVID-19 pandemic has had on home buyers and sellers. They also share the positive effects that buyers have experienced during this time, and what they expect to see in the market in the future.

Glossary of Special Terms Used in this Episode:

• Forbearance – Temporary financial relief from the obligation of making a payment on a debt. 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:

• What are the two ways that sellers were affected by COVID-19
• What are the two solutions that Pre Property Solutions can offer homeowners struggling with the effects of the pandemic
• How COVID-19 has affected buyers searching for a home
• The positive ways that buyers have been affected by the pandemic
• What Nick and Zach expect to see in the market in the next two to five years
• Why Pre Property Solutions buyers are walking into homes with equity

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.

Episode Topic:

In this episode of Not Just A Transaction, host Nick Prefontaine speaks with real estate investor Paul Moore of Wellings Capital. He explains the importance of focusing on one business idea, and he shares how his company helps make commercial real estate investing easy for beginners.

Glossary of Special Terms Used in this Episode:

• Diversified funds – an investment that is spread across multiple markets or assets

What you’ll learn about in this episode:

• Why Paul Moore wishes he was not a serial entrepreneur
• What most billionaires have in common
• How to get started in commercial real estate with minimal effort
• What decision Paul made starting his entrepreneurial journey that he wouldn’t do again
• How Paul Moore hopes to help decrease human trafficking

Resources:

• Twitter: https://twitter.com/PaulMooreInvest
• Facebook: https://www.facebook.com/wellingscapital
• LinkedIn: https://www.linkedin.com/company/wellings-capital-llc
• Website: https://www.wellingscapital.com
• Free special report: https://www.wellingscapital.com/resources

Additional Resources:

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

Paul Moore’s Bio:

After a stint at Ford Motor Company, Paul co-founded a staffing firm where he was finalist for Michigan Entrepreneur of the Year two years straight. After selling the staffing firm to a publicly traded company, Paul began investing in real estate, founded multiple investment and development companies, appeared on HGTV, and eventually completed 85+ real estate Investments and exits, including a large multifamily development.

He has contributed to Fox Business and is a regular contributor to Bigger-Pockets, producing live video and blog content regularly. Paul also co-hosted a wealth-building podcast called How to Lose Money and he’s been a featured guest on 200+ podcasts. Paul is the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing and Storing Up Profits – Capitalize on America’s Obsession with Stuff by Investing in Self-Storage. Paul is the Founder and Managing Partner of Wellings Capital, a real estate private equity firm.

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.

Episode Topic:

In this episode of Not Just A Transaction, hosts Nick and Zachary discuss the most common misconceptions of renting-to-own or lease-purchase for both sellers and buyers. They also share real-life examples of recent rent-to-own purchases, and their experience as real estate investors.

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.
• Equity – The difference in value between a home’s fair market value and the amount of outstanding debt on the home through mortgages or other types of liens.

What you’ll learn about in this episode:

• How often buyers actually cash out the property
• How real estate investors take on liability along with the seller
• Do buyers take care of the home in the same way that the seller would
• Why it’s just as effective to sell to a real estate investor as it is to a buyer
• How buyers can walk into a home with 50-75k of equity

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.

Episode Topic:

In this episode of Not Just A Transaction, hosts Nick Prefontaine and Zachary Beach speak with Curtis May of the financial planning firm Practical Wealth Advisors. He explains how managing cash flow is a crucial part of building wealth. He also shares easy principles to implement today to gain control over your money.

Glossary of Special Terms Used in this Episode:

• Capital gains: a profit that is made from selling an investment

What you’ll learn about in this episode:

• Why most wealth is lost while managing cash flow
• The five things you have to get control of to build wealth
• What is the #1 thing that you can do to get control of your money
• The three different types of bank accounts that you should have
• Why paying yourself first is the difference between being rich and poor
• What are the four things you can do with money

Resources:

• Website: https://practicalwealthadvisors.com
• Facebook: https://www.facebook.com/findoutmorenow/
• LinkedIn: https://www.linkedin.com/in/curtismay/
• Podcast: https://practicalwealth.libsyn.com/

Additional Resources:

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

Curtis May’s Bio:

Curtis May is the host of the Practical Wealth Show podcast and the creator and owner of Practical Wealth Advisors. Curtis has been planning for individuals for more than 35 years, and he is passionate about helping his clients save money and live the very best life they can right now. The primary focus of his financial planning firm is to help individuals and families become financially free by following the principles of wealth creation that have endured for centuries around the world.

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.

Episode Topic:

In this episode of Not Just A Transaction, hosts Nick and Zachary explain the benefits of putting more than the minimum of a 3.5% down payment on a home. They also share unique ways that a buyer can make a larger down payment over time, and how buyers can enter into a mortgage with equity on the 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.
• PMI – Private Mortgage Insurance that a buyer is required to have if they make a down payment less than 20% of the home purchase price.
• Equity – The difference in value between a home’s fair market value and the amount of outstanding debt on the home through mortgages or other types of liens.

What you’ll learn about in this episode:

• The benefits of putting more than 3.5% down on a home
• How much of a down payment do you need to avoid paying for PMI
• Why a higher down payment can mean a lower monthly mortgage payment
• How buyers choosing a lease-purchase can walk into equity at the time of purchase
• Why lenders are likely to give a loan to a buyer who’s been making down payments over time in a lease-purchase

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.

Episode Topic:

In this episode of Not Just A Transaction, host Nick Prefontaine speaks with Sean Tepper, Founder & CEO of SaaS platform TYKR about how investing can help you make up for time that you were not saving or investing. Sean also discusses why it’s important to invest in both properties and stocks.

Glossary of Special Terms Used in this Episode:

• Angel investing: an investor with a high net worth that invests in a small business or startup in exchange for ownership equity in the business
• Public market: a company that sells shares to the open population
• Individual stocks: partial ownership in a company
• Compounding wealth: increased value due to interest earned on both the principal and interest

What you’ll learn about in this episode:

• Why real estate investors should invest in both property and stocks
• How individual stocks can help someone who has little money saved make up for lost time
• The one thing that an average person can do now to learn about investing
• What is a good entry point for beginning investors
• Why Sean believes schools should teach students about second streams of income
• The types of investments that see quicker returns

Resources:

• Facebook: https://www.facebook.com/tykrpro/
• LinkedIn: https://www.linkedin.com/in/seantepper/
• Twitter: https://twitter.com/seantepper
• Platform: https://tykr.pro
• Affiliate program: https://tykr.pro/affiliates

Additional Resources:

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

Sean Tepper’s Bio:

Sean’s backstory on TYKR has a not-so-glamorous humble beginning. He worked intensely as an angel investor without much success for five years (2011-2016). In 2016, he took a step back and decided to read as many boring investment books as he could, to create an algorithm that would help generate higher returns in the public market. In one year, he achieved a 15% return compared to the market average of 6%, if not lower. He then went on to refine the algorithm and achieve returns ranging from 15% to 50%.

In the summer of 2019, he had an “ah ha” moment. He back tested TYKR through the 2008 recession and here are those surprising results:

• In 2008 the S&P 500 dropped by 38%, if you would have used TYKR in 2008 you could have been up 19%
• In 2009 the S&P 500 went up by 23%, if you would have used TYKR in 2009 you could have been up 72%
• In 2010 the S&P 500 went up by 12%, if you would have used TYKR in 2010 you could have been up 96%

He then went on to backtest TYKR every year from 1999-2019, and TYKR has proven to beat the market every year. That is the moment Sean decided he couldn’t keep this algorithm himself and created a platform to share it with others.

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.

Episode Topic:

In this episode of Not Just A Transaction, hosts Nick and Zachary discuss properties with liens and if they are able to purchase a property that has a lien. They also explain the different types of liens and how each lien type affects their decision to buy or not to buy a home.

Glossary of Special Terms Used in this Episode:

• Lien – A legal right to your home until a debt is paid.
• Equity – The difference in value between a home’s fair market value and the amount of outstanding debt on the home through mortgages or other types of liens.

What you’ll learn about in this episode:

• Can Pre Property Solutions team purchase a home with a lien, other than a mortgage
• How the Pre Property Solutions team determines if they can purchase a home with a lien
• The differences between a HUD lien and an HOA lien
• How Pre Property Solutions decides between paying off the seller’s lien and the seller paying off their lien
• How Pre Property Solutions can help sellers avoid default or foreclosure by buying their property with a lien

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.

In this episode of Not Just A Transaction, hosts Nick Prefontaine and Zachary Beach speak with special guest Rob Romano, Attorney of Massachusetts-based estate planning firm, Robert Romano Law. Rob shares how he helps families protect and preserve their assets in preparation for the unknown and the inevitable.

Glossary of Special Terms Used in this Episode:

• Estate plan: a collection of legal documents planned to handle your assets and wishes after death or incapacitation
• Trust: a legal document giving another party the ability to execute your division of assets after death or incapacitation
• Will: a legal document stating wishes for the division of assets after death

What you’ll learn about in this episode:

• What’s the only asset that cannot have beneficiaries
• The #1 mistake the Rob see’s the average person make
• Why most people do not have an estate plan
• The difference between a trust and a will
• How having an estate plan benefits property owners
• The three life phases of estate planning

Resources:

• Website: www.RobertRomanoLaw.com
• Email: [email protected]

Additional Resources:

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

Rob Romano’s Bio:

Robert E. Romano has over 29 years of service helping families on the South Shore work towards achieving their financial goals. Beginning as a financial advisor in 1992 (and a Certified Financial Planner since 1997), he has enjoyed helping others gain financial security.

Mr. Romano went to law school after seeing the impact of increased medical expenses and nursing home costs on his clientele’s life savings. He saw the need to address the issue to help his clientele and went to law school at night while keeping his practice as a financial advisor and graduated in 2004. He is a member of the National Academy of Elder Law Attorneys (NAELA) and collaborates with both Massachusetts attorneys and leading Estate planning attorneys nationwide.

Robert E. Romano is now fully dedicated to estate planning and helping families protect their assets in order to pass them on to their heirs according to their personal wishes. He takes great pride in getting to know his clients, their family situation, understanding their unique values, circumstances, and goals, and in designing customized strategies to achieve their wishes. Mr. Romano helps his clients obtain significant results, such as avoiding probate; reducing income taxes, estate/gift and other taxes; protecting assets; preserving wealth; providing for children and grandchildren; and preventing the erosion of assets that they worked so hard to accumulate from the impact of unknown future medical expenses.

Mr. Romano has been a lifelong South Shore resident and has made his home in Quincy for the past twenty-five years. He attended Hingham High School, Bentley College (BS in Finance), and the New England School of Law (Juris Doctor).

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.

Episode Topic:

In this episode of Not Just A Transaction, hosts Nick and Zachary explain how they are able to help buyers get their own home loan by working with their credit repair team. They also share how their credit repair team determines how long it will take for the buyer to become mortgage ready.

Glossary of Special Terms Used in this Episode:

• Front-end debt-to-income ratio – The amount of gross income that is spent on housing related costs.
• Back-end debt-to-income ratio – The amount of gross income that is spent on debts.
• 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 enrolling in the credit repair program is a condition of the Pre Property Solutions lease option agreement
• How the timeline of a lease option agreement is determined
• What makes Pre Property Solutions credit repair team better than other companies
• The difference between front-end debt-to-income ratio vs back-end debt-to-income ratio
• When should a buyer begin working with a credit repair team

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.

Episode Topic:

In this episode of Not Just A Transaction, host Nick Prefontaine speaks with Real Estate Advisor, Dale Masslon about the difference of working with buyers vs sellers, and why he likes the challenge. Dale also explains how his 30 year background in manufacturing makes him an expert at finding the right solutions for clients.

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 Dale leverages his 30 years of experience in manufacturing to find the right solution for buyers and sellers
• Why Dale finds buying a home more challenging than selling a home
• The reason Dale went from flipping and investing in homes to becoming a real estate agent
• Why you should never aim to meet in the middle during a negotiation
• The questions that a real estate agent should ask during an initial consultation

Resources:

• LinkedIn: https://www.linkedin.com/in/dalemasslon/
• Facebook: https://m.facebook.com/dale.masslon

Additional Resources:

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

Dale Masslon’s Bio:

After spending almost 30 years in the Aviation Industry as a Business Manager, Customer Service Manager and Technical Guru it was time for a change into a career and business that would provide me with more satisfaction and the ability to focus on the things that were really important to my family and MYSELF. Having started investing in real estate for personal use, and following friends who were investing in real estate for both home ownership and wealth building, in 2012 I began researching and educating myself on Real Estate investment, rehabilitation and management to become a premier Real Estate Investor.

As a Real Estate investor, I noticed the need for a better quality Real Estate agent. One who would listen to their clients and work for them, not the commission. This caused me to become a Licensed Realtor so that I could help others. I have spent much time and expense to get the best Real Estate experiences I can to better educate myself on options for my clients, this allows me to help clients in ways that others can’t. From early on in my real estate career I became known as someone who would not turn down an opportunity to help someone or answer their questions. This led to a reputation for being able to Think Outside the box and create solutions for my client’s needs. Whenever there is a challenge in Real Estate, there is also a solution that will work for everyone. My job is to find it.

One of my Proudest Moments was receiving our company’s Cultural Ambassador Award in 2016. Other Awards include 2015 KWGH Rookie of the Year for outstanding Sales. Training and education includes over 50 hours of Commercial Investing and Sales. In 2021 I completed my coursework to be a CT Licensed Broker and am eagerly awaiting my tests.

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.