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    Chris Prefontaine: Creative Financing in 2021 | Sub-To, Sandwich Lease, and Owner Finance

    en-usJune 15, 2021
    What was the main topic of the podcast episode?
    Summarise the key points discussed in the episode?
    Were there any notable quotes or insights from the speakers?
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    Were there any points particularly controversial or thought-provoking discussed in the episode?
    Were any current events or trending topics addressed in the episode?

    About this Episode


    Creative Real Estate Investing: Ask The Expert with Chris Prefontaine


    Chad Corbett chats owner finance, sandwich lease options, and subject-to deals with creative finance expert Chris Prefontaine.

    Full Show Notes and Resources: https://ProbateMastery.com/chris-prefontaine-creative-finance-strategies

    Watch on YouTube: https://youtu.be/ldrvMs-_IMc

    Join Chad's
    Facebook Mastermind


    What you’ll learn about in this episode:

    • How many people see an increase in their deal flow after learning creative financing
    • The different paydays Chris and his team extract from each deal
    • How creative financing can help you win the deals your competition is walking away from
    • What to do if your Broker suggests you shouldn’t offer creative finance options
    • How Chris and his team have 3x’ed their acquisitions even through COVID
    • What lead lists Chris is targeting and how he is segmenting them
    • How to take a probate lead and turn it into a free house for yourself through subject-to terms.
    • Why you should offer creative finance options to probate families, and how to present options in an easy-to-understand way
    • Why continued learning is crucial for growth and personal development, and the best ROI you could ever find



    Resources:


    Estate Professionals Mastermind content is recorded via zoom and can be viewed in video format in the Estate Professionals Mastermind community, YouTube, or in our podcast archive.

    Looking for Probate Leads and Marketing Automation? https://probatemastery.com/probatesuccess

    Take Chad Corbett's Probate Mastery course:  https://probatemastery.com

    Learn more at www.probatemastery.com

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    🕛🕛Timestamp Navigation 🕛🕛
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    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    06:26 Twana's Repeat Situation: Uncertainty with Deals and Probate
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    33:50 Exploring Probate Sales in Your Area: Strategies for Research
    34:32 Acquiring Probate Data: Insights from Bill
    42:42 Exploring Email Marketing Training: Request for Insights
    42:53 Expanding Business Horizons: Building a National Network and Coaching Foundation Principles
    49:26 Streamlining Connections: Balancing Communication and Follow-Up
    50:14 Efficient Email Management: Integrating Mailchimp with CRM
    55:56 Approaching Attorneys for Probate Business: Tips for Newcomers
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    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    02:31 Mina Inquires About Dealing with Property without an Executor
    03:08 Bill Discusses Pre-Executor Options and Creating Value for Families in Advance
    09:25 Challenges with Buyers in Probate Sales
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    🕛🕛Timestamp Navigation 🕛🕛
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    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    05:47 Cam Seeks Foundational Advice for Navigating the Probate Space and Building a Network
    06:06 Bill Answers Cam's Question, Probing Further and Highlighting Potential Gold Mines in his Vicinity
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    21:59 Bill Shares his Experience Attending a Hearing with a Buyer, Providing a Firsthand Example of Navigating the Probate Process in Court
    24:43 Bill Introduces Lu as the Course Advisor and Invites Participants to Reach Out with Any Questions About the Course
    25:36 Matt Price Thanks Bill and Mentions Having Two Follow-Ups Today with Two Escrows, Prompting Bill to Offer his Opinion
    26:40 Ron Queries Bill About Probate Courts, and Bill Promptly Addresses his Inquiry
    30:28 Jennifer Inquires About Approaching Attorneys and Families at Court, Seeking Advice on What to Say, and Bill Provides a Detailed Response to her Query
    38:33 Bill Explains Lead Source Exploration, Comparing Pre-Probate and Probate Leads, to Ryan, a New Agent in North Carolina
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    48:34 Bill Provides Guidance to Bernadette on Checking Probate Hearings in LA, Acknowledging her Experience at the Court Last Week
    51:34 Bill Clarifies Emily's Query About Escrows, Highlighting Variations in Processes Across Different Counties
    53:48 Ryan Inquires About Collaborating with Others in Different Locations, with Matthew Offering to Share his Details in the Chatbox for Further Discussion
    54:53 Bill Celebrates a Recent Victory Despite Being Unwell for the Past Few Weeks.

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    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    05:13 Ron Inquires About Probate Mastery Logo and Designation
    05:26 Bill Explains Process of Downloading Probate Mastery Logo
    06:05 Larry Inquires About Bill's Email Course and Group Engagement in Weekly Emails
    06:52 Bill Clarifies Approaches to Sending Regular Weekly Emails
    14:10 Coley Seeks Guidance on Navigating Property Inheritance Challenges in the Absence of a Death Certificate Call
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    19:28 Bill Confirms Commonality of PR Being Primary Beneficiary in Non-Complicated Probates
    19:32 Chad Inquires About Initial Steps for PR in Simple Probate Cases
    19:58 Bill Clarifies Probate Filing Process, Highlights State Variations
    24:28 Chad Seeks Advice on Email Marketing Strategy for Probate Business
    25:10 Bill Advises Chad on Tailoring Email Marketing for Probate Business
    27:13 Lyn Seeks Clarification on the Distinction Between a Petitioner and an Attorney
    27:21 Bill Clarifies the Distinction Between a Petitioner and an Attorney for Lyn
    28:04 Lyn Seeks Guidance on Initiating the Probate Process for an Aunt Who Passed Away 3 Years Ago
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    35:55 Jim Seeks Guidance on Offering Probate Services to Attorneys, Gets Mixed Response
    37:30 Bill Advises Jim on Crafting a Customer-Centric USP for Probate Services to Attorneys
    43:34 Russell Seeks Advice on Effective Timing and Communication Strategies with Attorneys in the Probate Field
    44:55 Bill Emphasizes the Importance of Leveraging Your Existing Database When Building a Probate Business
    50:09 Lyn Seeks Advice on Tactfully Staying in Touch After a Prospect Requests Removal from Mailing List
    50:31 Bill's Rule: Doing Business with Those Who Want to Engage
    51:41 Gil Seeks Advice on Starting in Probate with Limited Sales Experience
    52:02 Bill Guides Gil on the Significance of Building and Valuing His Real Estate Database
    56:19 Bill Highlights Coaching Schedule and Promotions

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    Questions about Probate Real Estate trainings, digital courses, and educational opportunities? Schedule a time to talk with Course Advisor, Luis here:
    https://calendar.app.google/q4iiFdi8pSZgEvSD6

    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    14:13 Peter Seeks Advice on the Most Effective Skip Tracing Methods and Software for a Probate List Obtained from the County Courthouse
    14:37 Bill Suggests Seeking Advice on Skip Tracing for a Probate List by Posting the Question on the Estate Planning Website, Promoting Community Engagement and Knowledge-Sharing
    16:10 Renae Highlights the Use of Popstreams to Filter and Generate a Targeted Pre-Probate Lead List
    20:52 Samson Inquires About Renae's Approach to Customizing Probate Letters
    21:57 Renae Discusses her Personalized Approach to Probate Letters
    23:09 Bill Commends Renae's Personalized Approach to Probate Letters
    27:31 Bill Provides a Quick Recap of Probate Mastery's Weekly Coaching Call, Setting the Stage for the Ongoing Discussion
    29:17 Nick Seeks Guidance on Navigating Reverse Mortgages in Probate Scenarios
    30:37 Bill Provides Insights and Guidance to Nick on Dealing with Properties Under Reverse Mortgages in Probate Situations
    35:34 Nick Seeks Advice on Visiting Probate Court to Better Understand the Process and Enhance his Involvement in Probate Deals
    38:19 Bill Provides Insights and Shares his Experience on Nick's Inquiry About Visiting Probate Courts and Understanding the Process and Involvement
    42:49 Renae Discusses the Importance of Educating PRs About Reversed Mortgages
    43:29 Sara Seeks Advice on Handling a Situation Where a Relative is Causing Delays in Selling a House and Asks for Guidance on How to Help the Situation Move Forward
    43:36 Bill Responds to Sara's Query About Dealing With a Relative Causing Delays in Selling a House
    47:02 Newcomer Seeks Clarification on Probate Process Costs, Questioning Whether Individuals Must Pay Substantial Amounts Upfront Upon Entering Probate Court
    47:42 Bill Explains the Necessity of Court Involvement in Transferring Property Title Post-Death When No Trust is in Place, Clarifying the Pre-Probate Process
    51:00 Matthew Asks About Courthouse Visits, Seeking Advice on Having an Agenda or Specific Activities During the First Visit
    51:10 Bill Answers Matthew's Question About Courthouse Visits
    52:54 Jim Asks for Guidance as a New Participant, Seeking Advice on What to Prioritize After Completing the Intro Course
    53:05 Bill Offers Guidance to Jim, a New Participant, on the Essential Steps to Take After Completing the Intro Course and Entering the Probate Niche
    54:44 Robert Inquires About Obtaining an 'Affidavit of Heirship' for Someone Who Passes Away Without a Will
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    Facebook Group: https://www.facebook.com/groups/estateprofessionalsmastermind

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    In this week’s coaching call, Bill Gross and Probate Mastery students/alumni discuss guidance on the certification process, insights into the Probate Mastery certification process, and more!

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    Questions about Probate Real Estate trainings, digital courses, and educational opportunities? Schedule a time to talk with Course Advisor, Luis here: https://calendar.app.google/q4iiFdi8pSZgEvSD6 

    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    04:00 Bill Introduces Luis, the Course Advisor for Probate Mastery, Who Shares his Role and Invites Participants to Ask Any Questions Related to the Courses Within the First 10 Minutes of the Call
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    10:17 Chad Poses a Two-Part Question to the Group, Seeking Guidance on the Initial Steps to Generate New Business After Relocating to Tennessee and Inquiring About Resources to Learn the Differences in Probate Processes Between California and Tennessee
    11:02 Bill Shares Insights on Transitioning a Business from One State to Another, Emphasizing the Importance of Recognizing Existing Assets, Such as Knowledge, Contacts, and Systems, and Strategically Choosing a Niche in the New Market.
    17:51 Bill Responds to a Chat Question about the Key Factor in Building Business and Relationships
    19:12 Steven Hughes Discusses the Challenge of Finding Committed Attorneys in Elder Care, Estate Planning, and Probate
    23:21 Bill Shares his Method for Determining Worthwhile Attorneys in Probate, Emphasizing the Use of Data Sources 
    38:16 Ursel Suggests Joining the American Bar Association to Strengthen Connections with Attorneys, Emphasizing it as a Valuable Learning Opportunity. Bill agrees and Shares Insights on How this Step Can Contribute to Building Robust Relationships in the Legal Field for Your Probate Business
    46:46 Matt Harris Seeks Guidance on Creating an Effective Script for Initial Probate Phone Calls
    46:50 Bill Responds to Matt Harris's Query About Scripting for Cold Calling in Probate. Gain Valuable Insights Into Refining Your Approach and Explore Additional Resources, Including Bruce's Expertise In Cold Call Scripting Within the Probate Mastery Program
    49:11 Lori Seeks Advice on Sending Referral Letters to Attorneys as Part of her Marketing Strategy
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    Facebook Group: https://www.facebook.com/groups/estateprofessionalsmastermind

    Learn More from Bill Gross on YouTube: @BillGrossProbate

    Learn more at www.probatemastery.com

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    #realestate #wholesalerealestate #realestatecoaching #realestateinvesting #probaterealestate

    In this week’s coaching call, Bill Gross and Probate Mastery students/alumni discuss probate title changes, complex family dynamics in probate,  communication challenges in probate deals, and more!

    If you are exploring the idea of building a probate niche in your real estate business, take this FREE Probate Foundations course. In this 2 hour digital course, you’ll learn the basics of what probate is, realistic conversion expectations, solutions to probate challenges, proven marketing approaches (which includes an opening script!), and actionable steps to start your business in probate. Sign up here: https://courses.probatemastery.com/offers/FcvuDdG6

    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    07:11 Navigating Family Dynamics: Janey Uncovers Startling Probate Title Changes
    07:43 Bill Addresses Complex Family Dynamics in Probate: Challenges and Opportunities
    10:58 Challenges in Communication: Cher's Experience Despite Meticulous Planning
    15:06 Bill's Insights on Communication Challenges in Probate Deals
    22:57 Streamlining Communication: Bill's Insight on Appointing a Point Person in Probate
    24:37 Geni's Journey and Insights from a Lost Probate Deal
    25:10 Building Relationships and Staying Connected - The Key to Future Probate Opportunities
    29:22 David's Strategy: Reviving Communication in the New Year for a Full Blast Approach
    36:44 Handling Properties with Fire Damage: Derrit Seeks Advice from Bill
    37:40 Navigating the Challenges of Fire-Damaged Houses: Bill's Expert Advice
    40:39 David Seeks Agents in Fort Worth, Texas for Corporate Sponsorship Opportunities
    43:30 Seize the Probate Opportunities: Bill Urges Agents to Take Action and Accelerate Success
    49:10 Building Connections: Macie Takes Initiative to Meet the Probate Clerk at the Local Courthouse
    54:34  Jeremy's Update on Court Dates and Broker Approval

    Facebook Group: https://www.facebook.com/groups/estateprofessionalsmastermind

    Learn More from Bill Gross on YouTube: @BillGrossProbate


    Learn more at www.probatemastery.com

    Navigating Probate Business in Today's Market

    Navigating Probate Business in Today's Market

    #realestate #wholesalerealestate #realestatecoaching #realestateinvesting #probaterealestate

    In this week’s coaching call, Bill Gross and Probate Mastery students/alumni discuss challenges in obtaining responses from his initial text messages, the importance of ethical marketing and building a solid foundation for long-term success in the probate business, and more!

    If you are exploring the idea of building a probate niche in your real estate business, take this FREE Probate Foundations course. In this 2 hour digital course, you’ll learn the basics of what probate is, realistic conversion expectations, solutions to probate challenges, proven marketing approaches (which includes an opening script!), and actionable steps to start your business in probate. Sign up here: https://courses.probatemastery.com/offers/FcvuDdG6

    🕛🕛Timestamp Navigation 🕛🕛
    00:00 Introduction
    03:37 Bill's Probate Market Overview - Insights and Personal Journey
    9:59 Julien Discusses his Challenges in Obtaining Responses from his Initial Text Messages
    10:22 Bill Provides Constructive Feedback on Julien's Initial Text Draft, Emphasizing the Importance of Ethical Marketing and Building a Solid Foundation for Long-term Success in the Probate Business
    15:52 Bill Reads a Comment from Yasser Hatab, Where he Shares Insights Into his Full-time Acquisitions Team and Their Decision to Navigate Away from Text Marketing
    17:28 Aria Expresses Concerns about Competitors Acquiring Properties Shortly After Probate is Opened and Seeks Insights on How They May be Reaching Personal Representatives (PRs). Bill Provides Thoughts and Advice on Navigating this Situation
    20:03 Lilia Seeks Insights Into the Strategies Bill Employs for Marketing, and Bill Provides Valuable Information on his Effective Methods and Approaches in the Probate Real Estate Business
    30:34  Keisychase Inquires About Bill's Stance on Cold Calling in Probate and Seeks Advice on Best Practices for Initiating Marketing Efforts or Building Relationships with Personal Representatives (PRs). Bill Provides Valuable Insights into Effective Strategies for Approaching Probate Leads Without Resorting to Cold Calling
    36:34 Sheila Fecenko Shares Success in Cold Calling
    39:50 Keisychase Prompts a Discussion on the Challenges Faced in the Probate Real Estate Field. Bill Shares his Experiences, Offering Insights into Common Obstacles and How to Navigate them for Success in the Industry
    44:15 Julien Sam Limo Seeks Insights on the Effectiveness of Targeting Lawyers or Practitioners in Probate Real Estate Marketing. Bill Shares his Experiences and Perspectives on the Strategies that Yield Better Results in Building Connections with Legal Professionals
    45:07 Atif Usman inquires about the presence of probate courts in every state. Bill Provides Insights Into the Nationwide Existence of Probate Courts and the Implications for Probate Real Estate Practitioners
    48:00 Rob Ishihara Shares his Challenging Experience Contacting Attorneys, and Bill Discusses Strategies, Including Attending Court, to Establish Fruitful Relationships with Probate Attorneys
    51:31 Rob Ishihara Discusses Using Email Outreach and CRM to Connect with Attorneys, and Bill Provides Insights Into Maintaining Omnipresence in the Industry
    52:29 Probate Listing Dilemma: Should You Share Photos and Cost Estimates Before Appraisal? - Bill Shares Insights on Handling a Probate Listing

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    Learn More from Bill Gross on YouTube: @BillGrossProbate

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