In this episode of the REI Mastermind Network, Pete Neubig shares his incredible journey of scaling to 984 doors and offers invaluable lessons for real estate investors looking to grow their investment portfolios and achieve generational wealth. From starting as a small investor to building and selling a successful property management company, Pete's story is packed with actionable insights and strategies for real estate investing success.
Pete discusses:
- How he entered real estate investing and scaled to multifamily assets.
- The pivotal role of virtual assistants in transforming property management operations.
- Reducing churn rates, increasing profitability, and creating proactive business strategies.
- Building a real estate investment strategy that works for both cash flow and appreciation.
- The mindset shifts necessary to grow from solopreneur to CEO.
💡 Key Takeaways for Real Estate Investors:
- Learn how strategic hiring, especially of remote team members, can optimize your business.
- Discover the importance of KPIs and a structured hiring process for long-term success.
- Avoid common pitfalls in real estate investing and focus on sustainable growth.
🎯 Connect with Pete Newberg! Visit VPMsolutions.com and explore how virtual assistants can revolutionize your business.
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"Your people are your greatest investment. Hire smart, train well, and watch your business thrive." – Pete Neubig
Take action today and start building your path to generational wealth through real estate investing! Subscribe now and join the REI Mastermind Network for more expert insights and strategies!
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CHAPTERS:
00:00 - Pete Newbig
00:19 - How Pete Got Into Real Estate
01:44 - How Pete Got Into Virtual Assistance
06:34 - Managing Virtual Assistants Effectively
11:19 - Common Tasks to Outsource
12:45 - Reasons for Selling Your First Company
13:39 - Lessons Learned from Starting Your First Company
16:23 - Using DISC Profiles in Hiring
16:55 - Hiring for Attitude and Culture Fit
22:11 - Value of Investing in Top Talent
27:57 - Red Flags When Hiring Virtual Assistants
29:45 - Key Qualities in a Virtual Assistant
31:02 - Viewing Your Team as an Investment
32:44 - Additional Insights and Topics
33:11 - Lies Real Estate Investors Tell Themselves
33:41 - Advice for Your Younger Self
34:25 - Recommended Books for Entrepreneurs
34:36 - Time-Saving Strategies for Success
35:30 - Wrapping Up and Finding Pete
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We empower real estate investors by optimizing your business processes through customized automation and system integration. From lead management to deal closure, we help you build a scalable and efficient operation. Learn more at RealDealCrew.com
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