Get Creative with Pace Morby

In this episode of "Get Creative," we delve into the diverse world of creative finance. Pace Morby shares insights on real estate investment, contrasting strategies with figures like Grant Cardone. The discussion highlights the importance of starting with single-family homes and explores business acquisitions. Guest Nathan Chapman joins to discuss practical strategies for part-time real estate investors, emphasizing the value of networking, community resources, and smart investing for sustainable growth. This episode is a must-listen for anyone interested in innovative finance solutions.

Highlights:

"Every deal is not about the deal. It is about the acquisition of skills, relationships, and resources."

Timestamps:

01:18 Starting as a Part-Timer

Tune in to this episode of "Get Creative," where we dive deep into real estate investing. This episode focuses on lead generation, how to begin investing in properties, and the art of maximizing time and resources. Whether you're a seasoned investor or just starting out, this episode is for you.

Highlights:

"Owning real estate is actually very challenging... for the first couple of years of acquiring real estate, you really have to stabilize and get really good tenants."

Timestamps:

01:24 Talking About Lead Generation

This week on Get Creative, Pace Morby is back with another insightful discussion about creative real estate investing. He sits down with first-time investor Jake Alexander to discuss Jake's journey of leaving his corporate job to pursue real estate full-time. Pace breaks down the basics of getting started through creative financing strategies like seller financing and subject-to-deals. He provides a model for acquiring your first 25 rental properties without needing much cash upfront. Tips include flipping houses each year with an experienced partner while driving for dollars to find off-market deals. As always, Pace delivers practical advice in his signature motivational style. Don't miss this episode for a step-by-step look at how to transition into real estate investing in the new year. Plus, one lucky listener will drive away with a free car at the end of the show! Highlights: "I ended up having a big company meeting for about five hours today. And just kind of cleaning up all the meetings that we weren't able to have to wrap up the year of last year."I'm already known as the creative finance guy. Why don't I just double down and just help everybody else."I think the market is going to go bonkers. Whether they raise rates or lower them, the real estate market will go crazy."+

Timestamps:

Want to know how to get your business finances straight next year... come to tonights episode! Join Pace Morby and his money manager, Toni Counts to optimize your business finances in 2024. Good business starts with good book keeping. The two cover the importance of choosing an avatar or a specific path in real estate.

Different avatars cater to various personality types, such as introvert versus extroverts, direct to seller or direct to agent, and many other factors. Pace emphasizes the need to align one's avatar with their personality type for elevated success in the industry. Check out Pace's avatar guide to pick the avatar that best suits you. Toni advises creating an LLC and a bank account as the foundational step for starting a real estate business. We recommend using Prime Corporate Services for LLC setup and Relay for banking. 

📘Need a book keeper of your own? Check out Start Virtual📘 https://paceapproves.com/bookkeepingyt

💰Get Your Business Banking Set Up Right With RELAY💰 https://paceapproves.com/relayyt

👉File Your LLC With Prime Corporate Services👈

https://paceapproves.com/primeyt

🐊Want to become a Gator (Private Money Lender)? Join us for the upcoming LIVE training🐊

https://paceapproves.com/gatortrainingyt

✌️Join My Subto Mentorship✌️

https://paceapproves.com/subtoyt

 👥Connect With Other Investors In Our Free Facebook Community 👥 https://paceapproves.com/communityyt

Order Pace's Book Wealth Without Cash: https://amzn.to/3EgWUBw

Learn The Fastest Steps To Landing Your First Deal: https://pacejmorby.com/fasteststeps

Follow Pace On Instagram: https://www.instagram.com/pacemorby/ 

Today on GET CREATIVE, Pace Morby and his friends talk about buying businesses with creative finance. The question is "CAN YOU BUY A BUSINESS without your own cash?" and "CAN YOU BUY A BUSINESS without a credit check?"

Can you buy a business with creative finance? How to buy a business subject to?