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The Best Ever CRE Show

JF 4076: JF 4076: Five Years To Freedom, Partner Leverage and Faster Turns ft. Pete Schnepp

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 1 November 2025

⏱️ 54 minutes

🧾️ Download transcript

Summary

John Casmon interviews Pete Schnepp. Pete shares how he went from running a contracting company to building a 150-door portfolio, including his “five years to freedom” cash-flow goal and the mindset shift from “keep it small, keep it all” to partnering through JVs. He explains why many high-net-worth partners prefer voting rights and alignment over passive LP checks, and how he supplements third-party management to beat market occupancy. You’ll hear practical tactics like speeding up turns, leveraging Facebook Marketplace for leasing, and using your “ikigai” to decide what to scale next. Pete SchneppCurrent role: Founder, Asset Stream Properties; creator of The Deal Room. Based in: Gilbert, Arizona. Say hi to them at: https://assetstreamproperties.com/ | https://peteschnepp.com/ | https://dealroomonline.com/ | LinkedIn | Instagram Alternative Fund IV is closing soon and SMK is giving Best Ever listeners exclusive access to their Founders’ Shares, typically offered only to early investors. Visit smkcap.com/bec to learn more and download the full fund summary. Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Podcast production done by ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:13.9

Hey, what's going on best ever listeners? This is John Kazman. I'm here for the

1:18.0

multi-family mastery show, a part of the Best Ever Commercial Real Estate Investing Podcast.

1:24.0

Listen, I'm super excited to come and talk to you today. Today's guest is Pete Schnep. Pete, how are you today?

1:31.4

I am fantastic, John. Thanks for having me on. I'm excited to chat. Yeah, man, absolutely. Pete,

1:37.6

it's great to have you on. Why don't you take a minute or two and give our listeners a little bit about your background?

1:44.5

Well, sure, yeah.

1:45.7

I've been in real estate and construction pretty much my whole life.

1:49.4

I started off learning the painting business back in college, actually.

1:54.1

And then that led to construction with some bigger home builders,

1:58.9

learning it as an employee and then a transition to being self-employed,

...

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