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Payback Time Podcast\n

Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

Chris Prefontaine

Chris Prefontaine \u2013 How to create 3 income streams from 1 property  My next guest has been a real estate investor for 31 years. If you\u2019re looking to create recurring revenue through real estate, this episode is for you. We specifically discuss how his investment strategy compares to flipping, how you get started part-time, and realistic returns. Please welcome Chris Prefontaine
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key timecodes

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• (0:51) \u2013 Background history
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• (01:53) \u2013 His real estate business model
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• (04:34) \u2013  How does he make money?
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• (07:41) \u2013 What are his financing sources?
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• (09:46) \u2013 How to create a part-time business to create residual revenue
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• (11:37) \u2013  Strategy to build long-term savings
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• (16:06) \u2013 The importance of his support team
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• (17:05) \u2013  Numbers that matter to his business model revenue
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• (19:54) \u2013 The worst investment advice he ever received
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• (20:23) \u2013 The best investment advice he ever received
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• (21:34) \u2013  His book and his contacts
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