003 Pace Morby: Understanding Real Estate Buying Trends During A Crisis

Pace Morby: Understanding Real Estate Buying Trends During A Crisis

Meet Pace Morby, a real estate investor and entrepreneur with a construction background. He was a contractor for 10 years and just recently got rid of his license after a long battle with himself about it.

In this episode of Construct Your Life with Austin Linney, Pace shares his successes, struggles, and the lessons he has learned in his real estate journey. He also talks about the power of making room for positivity as an entrepreneur to keep sane.

You will learn some major real estate tips on how you can buy houses at a much cheaper price during the COVID-19 crisis.

Quote:
“The power of subject-to is that you could buy any property you want by taking over somebody else’s debt at an interest rate lower than you could qualify for yourself.”- Pace Morby

What You Will Learn:
[1:17] How Pace never gave up even after losing money to bad partners but instead focused on other businesses away from construction.

[11:49] Learn how to create your world without negativity in it- having a plan or creating a vacuum that negativity won’t suck up.

[18:11] Pace shares how he found a passion for helping people which fuels his drive.

[23:55 Understanding the power of having a reliable team. Learn to rely on other people when running your business.

[25:50] The importance of combining a visionary and an integrated partner in a business partnership- finding someone that complements you in every aspect.

[30:15] Pace explains the importance of having support from your life partner and learning to balance family and business.

[36:42] Understanding the process of buying a house and making a profit in a time of crisis.

[42:36] Learn the concept of buying a house subject-to where you utilize creative financing and could buy a hundred houses without pouring your credit at any point. The minimum and maximum cost of property right now.

Follow Pace:

Facebook Group - Wholesale Hotlines: https://www.facebook.com/groups/759418414582645/

LinkedIn: https://www.linkedin.com/in/pacejordanmorby/

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

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