Get Creative with Pace Morby

Welcome to a new episode of Get Creative! In today’s episode, we chatted with Wesley Thompson, a graduate of the SubTo program who found success in real estate using creative financing strategies. Wes shares his journey from military service to becoming a long-term rental investor, highlighting the importance of finding the right market and building relationships.

Highlights

"I don't want to build myself into a business or a job. So I like to keep things as Chad Carson would say, relatively small and mighty." 

"It's not necessarily the best idea to be the first one to reach the seller." 

"It was very much a relationship thing... the listing agent reached out to me because they already had credibility there." 

Timestamps:

00:49 - Meet Wesley Thompson

02:54 - Why Long-Term Rentals?

04:51 - Real Estate Journey: Army to SubTo Graduate

06:28 - First Creative Deal: Subject-To on MLS Listing

09:14 - Finding the Right Market & Seller Situation

12:27 - Wholesalers Paved the Way for Creative Deal

14:31 - Building Relationships with Listing Agents

18:43 - Renovation & Cash-on-Cash Return

21:14 - Creative Financing on the Commercial Side

24:20 - Open to Weird Deals & Building a Team

► 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 another episode of Get Creative! In today’s episode, we sit down with the incredible Ashley Perez to discuss her journey into creative real estate investing. From discovering a unique RV park deal in Florida and transforming it from a men's-only nudist camp to a family-friendly destination. Ashley shares her inspiring story and the creative strategies she used to make it happen. Tune in to learn how you can leverage creative finance to achieve your real estate dreams, no matter the challenges!

Highlights:

"I fall back on the numbers, I fall back on the opportunity to acquire 26 acres in a beautiful area that I know I can improve."

"The power of seller finance, the power of the seller taking the note, you have an income with less capital and then more to go out to deploy onto the asset itself."

"We're in the people business too, so having a heart and having compassion is key."

Timestamp:

00:00 - Introduction

01:07 - Joining the SubTo Community

02:24 - The Dope Deal

04:13 - Getting Invested in RV Parks

09:41 - Overcoming Naysayers

15:03 - Securing the Deal

20:21 - Creative Financing Saves the Day

24:34 - The Major Takeover

28:56 - Adding Value and Amenities

36:22 - Future Plans and Expansions

► 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/

TikTok: https://www.tiktok.com/@pacemorby

Welcome to another episode of Get Creative. In this episode, I joined Jordan Belfort on the Wolf’s Den! Today, I shared my journey into the world of "subject to" real estate investing. From my blue-collar beginnings to becoming a successful investor with my TV show, I talk about some of the pivotal moments that led me to embrace creative financing strategies. 

Highlights:

"The secret sauce is turning this into a fun game every single day that you get to hang out with your buddies because now your buddies are also real estate investors."

"I never have to work for anybody ever again. Even though I was making really good money in these other businesses, it became the funnest thing. And then I just started talking about it like crazy."

"Find something so basic that you can provide value and get around the right people even if you don’t have the money to go join masterminds."

Highlights:

00:00 - Introduction

01:18 - Pace's Background

07:06 - The Turning Point

14:21 - Building a Community

20:00 - Subject To and Seller Finance Basics

27:37 - Getting Started with No Money

34:43 - Tax Benefits of Real Estate Investing

40:58 - Collaboration Over Competition

47:35 - Pace's Artistic Inspiration

55:00 - The Power of Masterminds

► 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/

TikTok: https://www.tiktok.com/@pacemorby

Welcome to Get Creative. In today’s episode, I joined Jamel Gibbs on The Deal Pro Podcast. We discussed the world of "subject to" real estate investing and shared my journey with you. From my blue-collar family background to becoming a successful real estate investor, I'll discuss the pivotal moments that led me to use creative financing strategies. We'll provide valuable insights into how you can succeed in real estate without spending a fortune. Discover how I turned setbacks into comebacks, built a thriving community, and developed multiple streams of income. 

Highlights: 

"The secret sauce is turning this into a fun game every single day that you get to hang out with your buddies because now your buddies are also real estate investors."

"I never have to work for anybody ever again. Even though I was making really good money in these other businesses, it became the funnest thing. And then I just started talking about it like crazy."

“Find something so basic that you can provide value and get around the right people even if you don’t have the money to go join masterminds."

Timestamps:

00:00 - Introduction

01:18 - Pace's Background

07:06 - The Turning Point

14:21 - Building a Community

20:00 - SubTo and Seller Finance Basics

27:37 - Getting Started with No Money

34:43 - Tax Benefits of Real Estate Investing

40:58 - Collaboration Over Competition

47:35 - Pace's Artistic Inspiration

55:00 - The Power of Masterminds

► 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/

TikTok: https://www.tiktok.com/@pacemorby

Welcome to a new episode of Get Creative! In this episode, we’re joined by Jeff Smith as they talk about their success in creative real estate investing. Join us to listen to how they turned a challenging deal into a $38K payday. They share their strategies for navigating competitive markets, building trust with sellers, and easily closing deals. 

Highlights:

"You are there to listen for the symptoms so you can diagnose the disease and then prescribe the right medicine."

"If I could show you a way to write you a check and get this done with full certainty, are you open to something a little different?"

"The power of the sub two community is that my stories are your stories, and our collective experience can be leveraged for your success."

Timestamps: 

01:15 - Finding the Deal

03:29 - Diagnosing Seller Needs

05:00 - Engaging All Decision Makers

07:16 - Presenting Creative Offers

10:00 - Handling Seller Objections

13:09 - Closing the Deal

17:10 - Benefits of Creative Financing

21:04 - Partnering with Community Members

24:29 - Lessons Learned and Advice

► 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/

TikTok: https://www.tiktok.com/@pacemorby

Welcome to the Get Creative podcast! In this episode, we dive deep into Zander and Michael Katrakis' real estate journey. These young real estate investors from Scottsdale, Arizona. They share their story of transforming a simple property into a profitable pad split by leveraging their skills and community support. Learn about their innovative approach, the challenges they faced, and their plans for the future. 

Highlights:

"You never really know what happens when you meet enough people, eventually things click into place."

"There's always going to be hurdles that you run into, but the key is to keep moving forward and learning."

"Applied knowledge is power because you can learn stuff and not do anything with it, and it's not gonna take you anywhere."

Timestamps:

00:00 - Meet Zander and Michael Katrakis

01:39 - Joining the Subto Community

02:06 - Breaking Down the Pad Split Deal

03:26 - Financial Breakdown

04:51 - Finding the Deal

06:13 - Early Influences and Learning from Their Dad

07:46 - Overcoming Renovation Challenges

09:43 - Planning for Future Investments

12:01 - Pad Split Process and Community Involvement

16:13 - Key Takeaways 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/

PLUG IN & SUBSCRIBE

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

TikTok: https://www.tiktok.com/@pacemorby

Welcome to a new episode of Get Creative. In this episode, I joined Ashley Kehr and Tony J Robinson over at Real Estate Rookie to dive deep into the world of creative real estate financing. We discuss some invaluable insights from my book, "Wealth Without Cash." Join us and learn how to invest in real estate without using your own money or credit, understand the intricacies of SubTo deals, and discover why creative financing can multiply your success in real estate. If you're looking to expand your investment strategies and close more deals, this episode is a must-listen.

Highlights:

"I'm not really buying your house; I'm buying the interest rate attached to your house."

"In creative finance, it's not about negotiating the sales price; it's about negotiating the terms."

"The only person that makes money when I go get a new bank loan to pay off your existing bank loan are two banks. You don't make any more money, and I don't make any more money."

Timestamps:

00:00 - Introduction to Creative Financing

01:07 - Golf Analogy for Real Estate Investing

03:01 - Benefits of SubTo Deals

04:48 - Options for Creative Financing

08:16 - Finding Expired Listings

12:43 - Easier than Cash Transactions

17:00 - Understanding Seller Financing

20:40 - Overcoming Seller Objections

24:36 - The Benefits of Tax Depreciation

30:00 - Creating Win-Win Deals

► 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/

TikTok: https://www.tiktok.com/@pacemorby

Welcome to the Get Creative podcast! In this episode, Britt Christian delves into his successful real estate deals, all made possible through the SubTo and Gator communities. Britt shares how he navigated challenges, leveraged community support, and made substantial returns on his investments. This episode is packed with insights into earnest money deposits (EMD), creative financing, and the power of a supportive community.

Highlights:

"Applied knowledge is power because you can learn stuff and not do anything with it, and it's not gonna take you anywhere."

"Positive conversations can release oxytocin, making us feel better and more energized."

"Everyone can bring value regardless of where your background is from or where you live."

Timestamps:

00:35 - 18-Minute Challenge and Community Impact

01:41 - Understanding EMD (Earnest Money Deposit)

02:42 - Leveraging Community for Opportunities

03:49 - Learning from Mistakes

06:13 - Swift Returns on Investment

08:08 - Ensuring Safe Transactions

09:57 - Joining Gator by Mistake

13:18 - Benefits of a Transaction Coordinator (TC)

17:28 - Sage Advice for New Investors

Join my Gator mentorship: joingatortribe.com

Join Our Free Facebook Group: https://paceapproves.com/fbg-pod