WS74: Workflow for Scaling up Your Syndication Business with Chris Prefontaine

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Summary:

In this episode, Whitney interviews Chris Prefontaine, founder, Smart Real Estate Coach. Chris does 5-10 deals every month controlling $20-$30 million of real estate. In this show you will learn how you can use technology for effective delegation which will then allow you to scale up your real estate business to the next level.

What are some effective ways of finding and vetting a suitable VA? We also discuss workflow for delegating work to VA’s which will result in seamless and hassle free execution. You will also learn some great resources that can help you and your business immensely. This is a great show that is loaded with some nuggets for folks in the syndication business. Tune in now!

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Time Stamped Show Notes:

00:29 – Whitney introduces Chris to listeners
01:05 – Chris shares his real estate investing journey
03:15 – Learn how buying on bound terms can help you mitigate risk in syndication
04:05 – Why would a seller agree to bound terms?
05:30 – How hiring a virtual assistant can help you scale up your syndication business
07:38 – Focusing on value added work can help you push up your revenues
08:21 – How to effectively vet and find your first VA
09:40 – How does Chris communicate with his VA’s?
10:40 – Chris explains how his VA’s are helping him increase his deal flow
12:40 – How can a syndicator train a VA to communicate effectively with prospects?
14:00 – Marketing Tips and Tricks for syndicators who wish to gain greater visibility
15:15 – Chris shares how he manages to outsource his marketing to VA’s
16:35 – How does Chris use social media to scale his business?
17:22 – What is the #1 thing that has contributed to Chris’s success?
18:30 – What are some of the exciting things that Chris is working on?
19:18 – Chris shares his contact information
20:19 – Share, Review and Subscribe to the Real Estate Syndication Show
20:26 – A special thanks to our sponsor, Life Bridge Capital

In this episode, you will learn

How to mitigate risk by syndicating a deal on bound terms
How to free up your time and scale up your business by outsourcing to VA’s
Marketing Tips and Tricks for giving your syndication business greater visibility and traction
Resources that will help you scale up your syndication business

Resources