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."
"You react all day long. The hardest part about entrepreneurship is creating something that you have to then react to."
"Creative finance extends far beyond real estate... We use creative finance to also purchase businesses."
Timestamps:
01:18 Starting as a Part-Timer
08:42 Choosing a Focus
18:47 Building Relationships
27:33 Connecting the Dots
31:11 Reacting to Opportunities
42:13 The Challenges of Wholesaling
47:02 Strengths as a Night Person
50:17 Becoming the Go-To Person
52:18 Q&A and Conclusion
