Get Creative with Pace Morby

Welcome to a new episode of Get Creative! In today’s session we’re joined by real estate enthusiasts Mark Freas and Arnie Newton. Mark shares the inspiring journey of securing his first Sub-To deal with the guidance of his mentor, Arnie. From finding the right properties to navigating hurdles like liens and skeptical agents, this episode is packed with practical advice and motivating insights for anyone looking to make their mark in real estate.

“You’ve got to make friends, get out there, and talk to people.” 

“The key to getting deals locked up is being transparent, showing credibility, and being honest.” 

“Our community is nationwide. If you're willing to work with others, you can get your first deal done.” 

"You don’t need to know everything—just find someone in the community who does." 

00:53 – Introduction to Creative Finance Community

03:39 – How Mark Met Arnie & Got Started

05:40 – First Deal: Finding the No-Equity Property

08:34 – Overcoming Agent & Seller Skepticism

10:36 – The Power of a Credibility Packet

14:23 – Navigating the Challenges of Sellers Moving Out

19:35 – Using a Third-Party Servicing Company for Payments

27:54 – Tackling the Unexpected Liens on the Property

29:21 – Overcoming the Hurdle of Debt in Seller's Name

32:17 – Importance of Networking & Community Support

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

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Welcome to a new episode of Get Creative! In today’s session, we’re joined by Michael Franke, a seasoned pro in handling pre-foreclosure real estate deals. We'll explore the critical Key Performance Indicators (KPIs) essential for success when door knocking. Michael shares his insights and experiences, breaking down the numbers you need to know, from how many doors to knock to what it really takes to close a deal. This episode is a must-listen for anyone looking to master the art of real estate deals through direct engagement.

Highlights:

"KPIs, Key Performance Indicators, it's the different metrics in your business that you really need to track to make sure you're hitting your target."

"For every 100 doors knocked, expect to engage in 20 to 30 conversations."

"You should plan to knock on 100 doors at least before you complain about not getting a deal."

"From 100 doors, expect to convert about 25% of your conversations into appointments."

Timestamps:

0:00 - KPIs and Key Performance Indicators in Door Knocking

1:20 - Expectations for New Door Knockers

2:15 - Follow-Up and Multiple Attempts

4:29 - Converting Conversations to Appointments

7:31 - Long-Term Follow-Up and Additional Deals

8:24 - Average Assignment Fee and Profit

10:09 - Challenges and Escrow Issues

11:31 - Final KPIs and Encouragement

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

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Welcome to a new episode of Get Creative! Today, we're diving into the intricacies of seller finance deals with our guest Nathaniel. Learn how he transitions rejected cash offers into successful creative finance solutions that benefit both buyer and seller. Nathaniel shares his journey from initial contact through to finalizing deals, offering insights into the power of persistence and flexibility in real estate. Whether you're a seasoned investor or new to creative financing, this episode promises valuable strategies to enhance your real estate toolkit.

Highlights:

"We go for cash two or three times before pivoting to creative." 

"The market rejection was the greatest thing for him." 

"If you're wholesaling creative deals, we'd love to be your number one buyer." 

Timestamps:

0:00 - Seller Finance Deal Introduction

1:31 - Transitioning to Creative Finance

3:42 - Analogy of High Expectations

6:02 - Details of the Creative Finance Deal

8:04 - Lessons and Future Plans

9:54 - Invitation to Join the Community

11:38 - Final Thoughts and Contact Information

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

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Welcome to a new episode of Get Creative! Today, we have the pleasure of hosting Tiana Vause, a seasoned real estate professional who has carved a niche in creative finance strategies. Our host, Keola Keala, will explore Tiana’s eight-year journey in real estate, focusing on a particularly unique deal that highlights her innovative approach to overcoming challenges in the market. This episode will delve into the specifics of creative deals, the importance of community support, and Tiana’s insights on making the leap from real estate agent to investor, providing valuable lessons for anyone looking to navigate the complex world of real estate investing.

Highlights:

"I realized the level of trust was there already because we already knew each other."

"Don't let fear hold you back. Just do it and take action."

"I learned more going through the deal than I did watching a webinar or a Zoom call."

"If you have a possible deal or a potential deal, take it and run with it."

Timestamps:

00:52 - Introduction of Tiana Vause

01:16 - Tiana's Entry into Real Estate

04:05 - Discussing a Creative Deal

10:07 - Strategy behind the Creative Deal

14:05 - Tiana's Approach to Real Estate Deals

17:13 - Overcoming Skepticism in Deals

20:07 - Importance of Knowledge in Creative Finance

23:15 - The Closing Process and Outcomes

27:12 - Learning from the Deal

30:43 - Future Plans and Advice for New Investors

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

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Welcome to a new episode of Get Creative! In today's episode, we dive deep with Mamadou Diallo, a seasoned real estate investor who specializes in creative finance solutions and pre-foreclosure deals. Our host, Ingryd Hernandez, explores Mamadou's journey, the strategies he employs, and the lessons he has learned from years of navigating the complex real estate market. Whether you're a seasoned investor or a newcomer to the world of real estate, this episode promises to offer valuable insights into making successful deals using creative financing methods.

Highlights:

"I see a lot of newbies struggle with pre-foreclosures because they don't understand the follow-up process." 

"We're problem solvers. The first thing is, I love pre-foreclosures actually because I am supposed to reach out to motivated sellers." 

"We never get the contract because of the property being in bad shape. It's typically because of personal problems they have that we solve." 

"We truly here to help, and I believe doing this kind of things never go to waste." 

Timestamps: 

00:00 - Introduction to Creative Finance and Real Estate 

01:17 - Meet Mamadou Diallo: A Journey into Creative Real Estate 

02:35 - Examining a Pre-Foreclosure Deal in Detail 

05:56 - The Importance of Data in Identifying Real Estate Opportunities 

07:26 - Mamadou Shares Success Stories of First-Time Deals 

11:12 - Strategies for Handling Pre-Foreclosure Scenarios 

14:20 - Postponing Auctions: Tips and Tricks 

18:37 - The Human Element: Beyond Business in Real Estate 

22:13 - Collaborating with Seasoned Investors for Success 

25:55 - Community and Economic Impacts of Real Estate Investments

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

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Welcome to a new episode of Get Creative! In today's episode, we're diving deep into the intricacies of Bill 1840, a new legislative piece that has stirred a mix of reactions. We'll explore the details of the bill, its eligibility criteria, implications for immigration and housing, and how it can impact you financially. Whether you're looking to understand the bill better or seeking strategies to profit from it, this episode has got you covered. Plus, don't miss out on the exclusive offer for a free course that could change how you approach housing and investment.

Highlights:

"At the end of the day, we want to provide benefits to this country."

"This bill is passing, we are going to see a massive surge coming across our border."

"If you're smart and capitalist, you learn how to surf that wave."

"We're going to be giving probably four of these courses away every single year."

Timestamps:

0:00 - Bill 1840 Overview and Initial Reactions

1:05 - Details of Bill 1840 and Its Implications

2:16 - Eligibility Criteria and Fairness Concerns

5:03 - Impact on Immigration and Housing Demand

5:43 - Strategies for Profiting from the Program

8:19 - Free Course Offer and Future Plans

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

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Welcome to a new episode of Get Creative! Your host, Jordan Wittenburg, is joined by Tom Crawford, a SubTo student who recently completed a unique real estate deal in Michigan. In this episode, they dive deep into Tom's journey, exploring his transition from wholesaling to creative finance strategies, and the challenges he faced in executing a Novation deal. Listeners will gain valuable insights into sourcing deals, navigating complex legal and title issues, and leveraging partnerships to achieve success in the real estate industry.

Highlights:

"I had a few other businesses that I was working on that got shut down during covid, so I was kind of in like a transition where I was like, I don't know what to do."

"By the end of 2021 I had acquired nine rental properties using creative finance, all seller finance, actually."

"I just drove around, drove drove around the city all my local like Grand Rapids is where I'm from, so like all the neighboring cities, drove around and just saved properties one by one."

"It took some more following up. And within the next couple months, his health had taken, like a downturn, and I wasn't able to get a hold of him, and he ended up passing away."

Timestamps:

0:00 - Introduction to the Podcast

2:22 - Tom Crawford's Real Estate Journey

5:59 - Sourcing Deals through Driving for Dollars

8:46 - Navigating the Probate Process

11:49 - Explaining the Novation Strategy

14:15 - Overcoming Title Company Challenges

16:40 - Involving the Realtor, John Pickle

20:54 - Coordinating with Multiple Parties

24:35 - Finalizing the Deal Terms

27:50 - Tom's Future Plans and Partnerships

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

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Welcome to a new episode of Get Creative! In today’s episode, host Justin Tuminowski is joined by Jon and Ken Fothergill, two real estate professionals from New England. We'll be diving into how they secured, rehabbed, and flipped a property using creative finance strategies, all while navigating the complexities of a seller finance deal. This discussion will reveal insights into the world of real estate investment and highlight the power of community in achieving success.

Highlights:

"The best way to do it is to join a community of people helping people."

"It's about making a connection with somebody that can eventually help you down the road."

"You're never going to learn everything by just watching videos; you have to go out and do deals."

"The money is made on the purchase price, not by saving on the rehab or cutting corners."

Timestamps:

0:00 - Podcast Introduction

2:24 - Guests' Background and Community

5:15 - Finding the Fix and Flip Deal

9:34 - Dealing with a Hoarder House

12:44 - Uncovering Historical Artifacts

17:10 - Navigating Unexpected Discoveries

20:22 - Overcoming Contractor Challenges

24:05 - Lessons Learned from Old Homes

26:15 - Financial Breakdown of the Flip

30:24 - Reaching Out for Future Opportunities

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

PLUG IN & SUBSCRIBE

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Welcome to a new episode of Get Creative! Today, we dive into the nuances of real estate transactions with a focus on how to strategically engage in deals that could potentially provide lifelong benefits. Learn from seasoned experts who discuss strategies like leveraging relationships, structuring multi-unit purchases, and setting up residual income streams. Whether you're a novice or a seasoned investor, this episode is packed with invaluable insights on navigating the complex world of real estate investments.

Highlights:

"Focus on building relationships, not just transactions."

"Every single deal could be the key to a pipeline of passive income."

"Real estate isn't just about flipping properties; it's about flipping your financial future."

"Leverage is not just financial; it's relational and strategic in real estate."

Timestamps:

0:00 - Mutual Business Relationship

0:37 - Zoom Session and Loan Referrals

1:22 - Compensation for Loan Referrals

2:05 - Multifamily Loan Opportunity

2:22 - Gator Business Strategies

3:44 - Challenges and Opportunities in Gator Business

4:43 - Different Gator Structures

6:01 - Gator Wrestling

7:53 - Creating a Pipeline as a Gator Business

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

PLUG IN & SUBSCRIBE

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Welcome to a new episode of Get Creative! In this episode, we dive into the nitty-gritty of real estate transactions, comparing the intricacies of subject-to deals versus cash transactions. Our guest expert breaks down a real-life deal on Flower Street, explaining every step from initial contact with the seller to finalizing the purchase. If you've ever wondered why some sellers would agree to let buyers take over their payments, or how agents play a critical role in these transactions, this is the episode for you!

Highlights:

"Cash transactions are so much more challenging than subject to."

"Every deal starts with a seller, someone who owns the property."

"The motivation of a seller is often an emotional thing."

"If you're an agent and not presenting all offers to your seller, you're not fulfilling your obligation."

Timestamps:

0:00 - Intro to Subject-to vs. Cash Transactions

0:32 - Importance of Seller Motivation

1:37 - Expired Listings and Reaching Out to Agents

3:48 - Seller's Emotional and Financial Pain

5:27 - The Subject-to Transaction Process

7:37 - Financing the Deal with Private Money

9:00 - Closing the Transaction and Ongoing Payments

10:15 - The Delta and Long-Term Wealth Building

11:00 - Exploring Different Exit Strategies

12:30 - Conclusion and Key Takeaways

► Join The Subto Community & Learn Creative Finance Directly from Pace: 

https://paceapproves.com/subto-gc 

► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:

http://joingatortribe.com/yt 

► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc 

► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:

https://getcreativepodcast.com/ 

PLUG IN & SUBSCRIBE

Instagram: https://www.instagram.com/pacemorby/ 

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