Get Creative with Pace Morby The True Cost of Owning Rentals: A Deep Dive
Welcome to a new episode of Get Creative! In this episode, Ashley Kerr and Tony Robinson sit down with Pace Morby and Jamil Damji to discuss the current real estate market, the true cost of owning rental properties, and field questions from a live audience. They share their expertise on creative financing, the risks and opportunities in today's market, and practical tips for new and seasoned investors alike.
Highlights:
"Creative finance is like rocket fuel for your real estate deals."
"Always stick to your numbers, no matter what."
"Finding a partner with complementary strengths is crucial."
"The market shift is an opportunity, not a setback."
Timestamps:
03:06 Building Relationships with Agents and Lenders
07:41 Risks in Wholesaling and Creative Financing
13:01 Creative Finance Strategies
14:09 Finding the Right Real Estate Partner
18:21 Safely Investing in Multifamily for Beginners
20:28 Data Sources for Real Estate Investments
22:45 Understanding the Wholesaling Process
27:00 Business Relationship Etiquette
31:40 Additional Costs of Rental Ownership
38:12 Dual Agent Considerations
43:00 Episode Wrap-Up and Final Thoughts
► Join The Subto Community & Learn Creative Finance Directly from Pace:
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► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
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► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
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