Chris Prefontaine comes on the show to break down how to get 3 separate paydays as a real estate investor while using the strategy of facilitating a lease to own property.
Together Chris and I break down how it works and why he has had so much success with creating three unique revenue streams. Chris will also explain why he will match his way of doing real estate against any other model and why his will always outperform the others.
Yes, this may sound confusing at first but you can guarantee I asked Chris a ton of questions and even had him break down a real-world scenario using real numbers. You’re really going to like how we simplified the process to understand over the podcast and how we added the example into the show notes for this episode.
During the interview, Chris and I talk about:
• What is a lease to own
• Why a lease to own is an option for buyers
• What kind of sellers look for a lease to own option
• Payday #1, Payday #2, and Payday #3
• The average initial investment required
• What are the risks and challenges of lease to own
• Who this is not for
All the show notes, links and anything Chris and I mentioned can be found at https://www.moneypeach.com/session106
EP173: What is a Health Savings Account?
EP172: Help! I Have IRS Problems - What Are My Rights?
EP171: Should I Lease a Car or Get an Auto Loan?
EP170: How Does a Cash-Out Refi Work and is it Right for Me?
EP169: What is "Infinite Banking" and is it a Scam?
EP168: Building Wealth through Multifamily Real Estate Investing with Gino Barbaro
EP167: How to Create Digital Cash Envelopes with Ryan Clark
EP166: How to Open a Brokerage Account
EP165: Passive Income via Hard Money Lending
EP164: What is the BEST Mortgage For Me Right Now?
EP163: Financial Independence in Her 30s with Diania Merriam
EP162: How Does a HELOC Work and Is It Right for Me?
EP161: The 50/30/20 Budget For Those Who Like Simple
EP160: The Most Important Part of Your Money You Aren't Doing Right
EP159: Should I Buy a New Car? (The REAL Costs Broken Down)
EP158: How to Finally STOP Living Paycheck to Paycheck
EP157: How to Use Profit First in Your Biz or Side Hustle
EP156: How I'm Picking Winning Stocks that Beat the Market
EP155: The 4 BEST Retirement Investment Accounts in 2021
EP154: How to Get Started Investing in 2021
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