Learning from Early Real Estate Mistakes & Scaling to 3,600 Deals with Peter Vekselman

Published: Feb. 14, 2023, 8 a.m.

b'Join Taylor Loht as he interviews 23-year veteran real estate investor, Peter Vekselman. With 3,600+ deals to his name and financial freedom achieved, Peter shares his story and provides insight into how he went from losing it all to becoming a successful real estate investor. He recounts his mistakes of trusting the wrong people and emphasizes that learning from those mistakes has been key to his success. Learn the importance of building a team when it comes to real estate investing, how to work with people, how to scale up by having the right people in the correct positions, and how to invest in others even when there is little money available. Peter also explains his partner-driven investing model which includes providing training and leads as well as handling the back office. This model aims to reduce the low success rate of real estate investors by providing them with all of the necessary tools and resources needed to be successful. Tune in for this engaging conversation about real estate investing!\\n\\n[00:01 - 08:05] Peter Vekselman\'s Journey from Stumbling to 3,600 Deals\\nPeter Vekselman has done 3,600 real estate deals through a partner-driven investing model\\nPeter\'s journey started as an entrepreneur and he stumbled and lost it all before getting back on track\\nPeter\'s biggest mistake was trusting the wrong people in the real estate business\\n\\xa0\\n[08:06 - 15:11] How to Build a Team and Scale Your Real Estate Investing Business\\nMistakes made: trusting the wrong people and diving too hard right at the beginning\\nThe first hire should not be a secretary; focus on developing marketing infrastructure\\nShort-term pain, and long-term gain when making early hires\\nBuying the right deals is important, but connecting with sellers and putting deals together is key to making money in real estate.\\n\\xa0\\n[15:12 - 22:41] Unlocking the Mystery of Real Estate Investing: How Partner-Driven Strategies Can Help You Achieve Success\\nReal estate has an extremely poor success rate of only 5%\\nMost people don\'t know how to bring on the right people, train them, or know who to bring on board\\nOne good deal can make a big impact in the beginning stages\\nPartner-driven real estate investing solves the mystery of why the industry has such a low success rate.\\nThe strategy involves getting trained, generating leads, handling back office tasks, constructing, and marketing\\n\\xa0\\n[22:42 - 28:13] Closing Segment\\nThe importance of staying in your lane and scaling that lane\\nThe best investment you can make is in relationships\\nThe most important lesson learned: it\'s not about working hard or getting good grades, it\'s about aligning yourself with successful people.\\n\\nConnect with Peter Vekselman through Instagram\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your terms.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.\\n\\nQuotes:\\n\\xa0\\n"Making money is a no-brainer. Being successful is just part of the trait. I think we all kind of have our own set of circumstances or have our own set of issues." - Peter Vekselman\\n\\xa0\\n"It\'s short-term pain, long-term gain, and, I would almost argue the point that you have to cut back if you know how to bring the right people on board." - Peter Vekselman\\n\\n"The shortest shortcut to success is the ability to align yourself with more successful people." - Peter Vekselman\\n\\xa0\\n\\u201cIt\'s not just about money. It\'s about time, it\'s about lifestyle, it\'s about control.\\u201d - Peter Vekselman'