Get Creative with Pace Morby Creative Finance Beyond Real Estate with Jessica Roberts
Welcome to a new episode of Get Creative! Today, host Justin Tuminowski sits down with Jessicaa Roberts to discuss the world of creative finance and innovative business strategies. Jessica shares her remarkable journey from the spa and wellness industry to the world of real estate investing and business acquisitions, diving deep into her experience of purchasing a wellness center using creative financing techniques, including leveraging private capital and seller financing. Tune in to listen to Jessica her strategies for building a strong team and finding the right partners, the differences between investing in real estate and acquiring businesses and much more.
Highlights:
"I had my phone out multiple times about to send a catastrophic text, and I'm like, nope, nope. I'm smarter than this. I've been in business longer than this."
"If you're thinking right now, I don't know what to do if I was to buy a business. You can find a way to educate yourself, and you do not have to do it alone."
"60% of businesses are bought creatively in a huge percentage of businesses that are even listed on websites like bizbysell, they never sell."
Timestamps:
00:00 - Introduction to Creative Finance and Jessica Roberts
04:31 - Jessica Roberts' Background and Transition to Investing
06:41 - Challenges in Buying Businesses
09:04 - Details of the Wellness Center Acquisition
14:01 - Revenue and Cash Flow Analysis
19:12 - Impact of Owner Departure on Business Value
25:40 - Structuring Private Capital and Current Business Status
29:50 - Future Business Plans
30:43 - How to Connect with Jessica
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► 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:
► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
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