Posts tagged "transaction"

JC 091: Helping Each Other in Tough Times with Chris Prefontaine

May 29th, 2020 | no comments

What Investors Should Be Thinking About Today

Chris Prefontaine has been in the real estate game for 25+ years and is a two-time Amazon best-selling author of “Real Estate On Your Terms” and “The New Rules of Real Estate Investing”.

Chris is a big advocate of constant and continuing education. He participates annually in high-end mastermind groups and boot camps and invests in private mentors in order to stay competitive in the ever-changing real estate market.

Chris and his family/team have participated in over $80 million in real estate transactions as a group. The team currently focuses on purchasing homes via Lease/Purchase or Owner financing with sellers and helping buyers gain the time they need for credit enhancement, mortgage qualifying seasoning, or down payment build up. The team believes in win/win relationships and strives to structure deals for both seller and buyer to achieve favorable outcomes.

Chris Prefontaine joins John Carney today in The Real Estate Locker Room to talk about helping out, adding value, and solving problems.

Key Points:

  1. People need help right now and this is an opportunity for a win/win.
  2. Terms business: buy only lease purchase and owner financing. Terms means the buyer doesn’t need a bank right away.
  3. Success does not happen overnight. You have to work through hard times and change in order to find success on the other side.
  4. New investors: find someone who has gone through 1-2 economic cycles, is currently doing exactly what you want to do and start digging in for free before you decide to fully commit (YouTube, webinar).
  5. Know what your goals are and what you are willing to put in.

Favorite Sport:

  • Hockey

Favorite Books:

Pro tip:

  • Routine is good no matter what. Work out, meditate, or journal. Start your day intentionally.

Resources Mentioned:

Reach Out to Chris Prefontaine

Thank you Chris for taking the time to share how you navigate difficult times with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

JC 067: Flipping Land with Jack Bosch

May 22nd, 2019 | no comments

Living the American Dream with Land Transactions.

Known as “the Land Guy,” Jack Bosch is a German native, real estate investor, educator, husband, and father. Since 2002, Jack and his wife Michelle, have been buying and selling lots and unimproved land and have flipped their way to financial freedom with more than 4,000 transactions. It only took them 18 months to go from Zero to $1M.

Since 2008, Jack and Michelle have been educating investors who either find houses too challenging or are unsatisfied with the competition and teaching them how to make more money from simple land and lot flips.

Jack Bosch joins John Carney today in The Real Estate Locker Room and takes us on his journey from Germany to the USA and how he started a successful business flipping land.

Five Key Points:

  1. Land is a viable option. You can flip land the same way you flip houses.
  2. It may take some time to get your first deal and you may struggle with no responses from potential sellers. Having a formula that works for you will turn it around.
  3. There are “different kinds of land”. If the land is undeveloped and it is free and clear, you can you can lease, rent, split, rezone, sell it for retail, sell it wholesale, etc…
  4. Focus on the land alone. You do not have to develop the land. Someone else will develop it after you sell it.
  5. Land sales are typically sold directly to consumer and not with a real estate agent.

Favorite Sports:

  • Team Handball

Favorite Athlete:

Favorite Books:

Pro tip:

  • Always keep in mind the 80/20 rule. 20% of your activities are generating 80% of your results.

Resources Mentioned:

Reach Out to Jack Bosch

Thank you Jack for taking the time to discuss flipping land with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2019