Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

Slow & Steady Wins the Race In Real Estate! #shorts

25 Apr 2024 · 1 min

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0:36

In this short, Chris Prefontaine emphasizes a patient, incremental approach to real‑estate investing. He advises first building a cash reserve, then using that cash to purchase a rental property that generates positive cash flow. The returns from each property are reinvested to acquire additional homes one at a time, creating a compounding portfolio. Because each home is a tangible asset, banks will readily provide loans secured by the property, giving the investor leverage and liquidity when needed. The overall message is that steady, cash‑driven growth leads to a portfolio of leverageable assets and reliable income.

Chapters

To me, slow and steady wins the race. And as I said earlier, the more cash you have, the more opportunity presents itself. So be patient, squirrel away your cash, get it working for you, increase cash flow one house at a time. It's returning cash. You're taking that cash, you're putting into other, other homes. Before you know it, you wake up, you're in an area, you're in a place where you've got cash flow and you've got leverageable assets that if you need to convert something to cash, you have the ability to do it. Any bank on the planet will leverage against a physical asset like a home all day long.