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Index/Startups & Founders/The Proven Entrepreneur
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He Went Broke in 2008 and Rebuilt a Real Estate Empire Without a Single Bank Loan | Chris Prefontaine

The Proven Entrepreneur · 2026-04-08 · 22 min

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Episode notes

Most people who lose everything in a real estate crash never come back. Chris Prefontaine did. And the way he did it will completely change how you think about building wealth through property. In this episode of The Proven Entrepreneur Show , host Don Williams sits down with Chris Prefontaine, founder of Smart Real Estate Coach and one of the most respected names in creative real estate investing across the United States. Chris has spent over 34 years in the real estate business. He built homes, ran a Realty Executives franchise, sold his brokerage to Coldwell Banker in 2000, and was riding high until 2008 hit him like a freight train. The crash wiped him out completely. We are talking about going from a waterfront home overlooking the harbor in Newport, Rhode Island to a 976 square foot apartment. No money. Destroyed credit. Starting over at zero. Most people would have walked away from real estate forever. Chris did not. He rebuilt using a completely different set of rules: no bank loans, no personal guarantees, and no more getting paid once on a deal like he was running on a treadmill.

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