Pete SchneppReal Estate Deal Maker | Infinite Returns Specialist | Entrepreneur’s Ally

About Asset Stream Properties (Woody Creek Condos)

Name: About Asset Stream Properties (Woody Creek Condos)
Uploaded: 2025-01-11T18:33:51+00:00
Duration: 53 s
Channel: Pete Schnepp
Description: Pete Schnepp introduces his real estate firm, AssetStream Properties, describing its scale and strategy. He states the firm manages about $20 million in…

11 Jan 2025 · 1 min

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Pete Schnepp introduces his real estate firm, AssetStream Properties, describing its scale and strategy. He states the firm manages about $20 million in assets, owns a little over 20 properties (~100 doors), and holds most assets outright with some partnerships. Four properties are in "infinite" status (no capital remaining invested). The portfolio LTV is 55%, reflecting a conservative leverage approach. He notes he rarely sells; a recent sale produced an 1100% cash-on-cash return over five years.

Questions this video answers

About $20 million.

A little over 20 properties and about 100 doors.

Four properties.

55%.

1,100% cash-on-cash return over five years.

Chapters

AssetStream Properties is my company. If you don't know me, this is my real estate firm and at the moment we've got about $20 million in assets under management. It's a business that I built myself slowly, by myself, without the right partners, and it took me a while to build. Most of these assets are fully owned. I do have a handful of partnerships, but right now that looks we're a little bit over 20 properties and about 100 doors at the moment. I've got four of those in infinite status, which if you don't know, means I've taken all my money out or my partner's money out and we've redeployed that money elsewhere and we own those assets with no money in it. Kind of the holy grail. And that's why I like this infinity sign. But I am a conservative in Nature. Our total LTV for the portfolio is 55%. So unlike a lot of guys out there, I am not over leveraged right now and I do not sell properties very often. But the last one that I did achieved an 1100% cash on cash return over five years and it was pretty nice.