#90 - From Rock Bottom to Real Estate Wealth with Pete Schnepp

Send us Fan MailIn today’s episode, Steven chats with Pete Schnepp, who went from losing his first home in the 2008 crash and getting hit with a lawsuit, to building a real estate portfolio with over 100 rental units. Pete opens up about the tough lessons that shaped how he invests today, why uncertain markets can be full of opportunity, and how buying just one property a year can seriously change your future. They talk about what it really takes to build wealth, the truth behind “passive” income, and why partnering with the right people often beats going it alone. If you’ve ever felt stuck or unsure about how to start investing or if you just want to build a more secure, intentional life, this one’s for you.Pete Schnepp is a family-first entrepreneur and real estate investor with over 20 years of experience in construction and property investing. He’s the founder of Asset Stream Properties, a firm focused on low-risk, high-reward multifamily investments in fast-growing markets like Phoenix. After building a successful construction business and going through a tough lawsuit, Pete shifted toward real estate to create more freedom and stability for himself and others. Today, his company manages over $540 million in assets and helps investors grow their wealth through hands-off, strategic real estate deals. Pete’s all about doing business with integrity, building strong relationships, and helping both investors and communities thrive.Connect with Pete:Website: https://assetstreamproperties.com/invest                https://peteschnepp.com/LinkedIn: https://www.linkedin.com/in/peteschneppFB: https://www.facebook.com/pete.schnepp/IG: https://www.instagram.com/peteschnepp/Episode highlights:(0:00) Intro(1:18) Who is Pete Schnepp?(2:00) Learning from downturns(4:51) First real estate hit(8:50) Painter to investor(12:24) The wake-up call(16:55) Why now is the time to buy again(20:13) What are infinite returns?(24:57) What business taught him about partnerships(30:01) Is passive income a myth or reality?(34:59) How to find the right real estate partner(39:10) Designing life with intention through real estate(41:04) What is the real fear?(43:25) Resources and where to find Pete(45:35) Outro—Share this with your tech friends who you think would benefit from learning about passive income and alternative real estate investments. For more resources and guides, check these out:Crack the Code https://www.aritacapital.com/crack-the-code/Investor 101 https://www.aritacapital.com/investor-101-resource/Due Diligence Resource https://www.aritacapital.com/dd-checklist-resource/If you want to learn more, reach out at:Email: [email protected]:  https://www.linkedin.com/in/aritasteven/IG:  https://www.instagram.com/the.real.arita