Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

Real Estate Investing Comes With It’s Skeptics #shorts

22 May 2024 · 0 min

Watch on YouTube

0:27

In this short personal narrative, the speaker recounts launching a real estate brand that grew to roughly 200 locations. He describes his father's skeptical question to his older brother, Billy, about whether he could make a living from the venture, highlighting familial doubt. Three years later, the speaker sold a 40% stake in the company for about $47 million, an event that was publicly reported, including coverage in the Minneapolis Star Tribune.

When I started my first brand, I had about maybe 200 locations. And my dad says to my oldest brother, he says, my oldest brother's name was Billy. He says, hey Bill, can Peter make a living at that? That shows you how out of touch he was. When I sold the company, literally 3 years later, I sold 40% for, like I said, $47 million. It became public. It was in the news. It was in the Minneapolis Star Tribune.