Meet Pete Schnepp, a successful entrepreneur based in Phoenix, AZ. Known in his community as the “painter guy,” Pete has been quietly investing in real estate for over two decades. With a portfolio of over 45 rental units, Pete decided it was time to scale—and he did it using Other People’s Money (OPM). Here’s how.
👇 Watch Pete’s Video Here
The Challenge: Breaking Out of the “Painter Guy” Persona 🎨
Pete has built a successful commercial painting business and a substantial real estate portfolio. However, he faced two significant challenges:
- Scaling his real estate investments: Pete had self-financed all his properties and was looking to scale without dipping into his own pockets.
- Identity: Known as the “painter guy,” Pete was nervous about approaching people for investment, fearing they wouldn’t take him seriously in the real estate sector.
The Transformation: First Deal with 100% OPM 🎉
After working with us and implementing the “Money Partner Formula,” Pete successfully closed his first deal using 100% OPM. He managed to bring four investors on board, retaining 50% equity and full control over the property.
Pete’s Own Words 🗣️
In a recent conversation with Dave Dubeau, Pete shared his excitement:
“I just collected all the money today. So fully funded, closing next Friday. I got 50% equity and full control. I had another investor call today, and I got another person that I’m talking to on Monday. If this is what’s to come, I’ve got an exciting future!”
What Can You Learn from Pete’s Story? 🤔
- Don’t Let Your Day Job Define You: Pete broke out of his “painter guy” persona and leveraged his skills in real estate.
- The Power of OPM: Using Other People’s Money can significantly accelerate your investment goals.
- Networking is Key: Pete received referrals and reconnected with old contacts, expanding his investor network.
Pete’s story is a testament to what’s possible when you’re equipped with the right strategies and mindset. Want to be our next success story? Reach out to us today!
#SuccessStory #RealEstateInvesting #OPM #Entrepreneurship #MoneyPartnerFormula #DaveDubeau #RaisingCapital