REAL REAL ESTATE
Here is a recent deal that Claudia, one of our High 6 Associates, just closed:
I’m working primarily in the southern part of Arizona. So far, I have four completed deals that are occupied homes with another property for which I’m finding a tenant buyer and another that I will set an appointment for soon. One of my recent deals worked out especially well. It was a home the owners were trying to sell that had either expired or canceled. But they wanted $200,000 for their house, no matter what. At the time, the balance left on the house was $172,500, so I ended up taking over their payments and giving them the difference between $200,000 and what I paid at the end of the cashout. That difference amounted to $26,546.
TAKE A BREAK
Payday No. 1: $22,200 Payday No. 2: $8,000 Payday No. 3: $31,193
The total ended up being $61,481, which is great because it’s higher than my average and because I have little to no money in these deals.
Chipotle BLACK BEAN BURGERS
If you want more information about how to complete deals like Claudia’s, don’t hesitate to reach out to our team at SmartRealEstateCoach.com! IA’
Inspired by ArisMenu.com
INGREDIENTS
• 2 cans black beans, drained and rinsed • 1/2 medium onion, roughly chopped • 3 cloves garlic • 2 tablespoons chipotle peppers in adobo sauce • 2 teaspoons cumin • 1 pinch salt
ENTREPRENEURIAL HURDLES AND INVALUABLE RESOURCES
• 1 tablespoon cornstarch • 1 handful fresh cilantro • 1 teaspoon Sriracha • 1/2 cup gluten-free rolled oats • 1–2 tablespoons olive oil
without loans, who benefits the most from coaching, how to buy on terms or rent to own, seller financing, and all the processes associated with sandwich leases. While this more pragmatic wisdom is necessary to achieve the same kind real estate success experienced by the Smart Real Estate Coach team and its Associates, Jacob also implored Chris to discuss more personal aspects, including how he navigates the struggles of the small-business startup life. Chris also points to two invaluable resources that helped him throughout his early investment ventures and starting Smart Real Estate Coach: Leverage, a business that helps small-
business owners outsource and scale their business, and “The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers,” a book by Ben Horowitz that includes essential advice on building and running a startup. If you want to listen to Jacob and Chris’ interview to get more information on how buy on terms or find successful solutions to common startup issues, you can find the episode by going to JacobBayers.com/Podcast-2/ and scrolling to episode 111, “Real Estate on Your Own Terms With Chris Prefontaine.” Additionally, if you haven’t had a chance to listen to our podcast, be sure to go to SmartRealEstateCoachPodcast.com!
DIRECTIONS
1. Place half the black beans, onion, and garlic in your food processor. Blend for 20–30 seconds until combined. Add chipotle, cumin, salt, cornstarch, cilantro, and Sriracha. Blend for another 10–20 seconds. 2. Transfer to a large mixing bowl. Stir in oats and remaining black beans. 3. Heat olive oil in a large skillet over medium heat. Formmixture into patties and carefully transfer to skillet. Cook for about 5–7 minutes until bottom is browned and set. Very carefully flip and cook for an additional 4–6 minutes until opposite side is browned and set as well. 4. Serve immediately, or store refrigerated in an airtight container for up to 1 week.
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