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Get Creative with Pace Morby

From Fireman to Fixer: Jacob's Journey in Albuquerque

May 13, 2024
Jacob Tapia, a former fireman turned real estate investor in Albuquerque, shares his journey and lessons learned from a challenging real estate deal. He emphasizes the importance of mentorship, community support, and ethical investing practices. Jacob's story highlights the power of perseverance, humility, and learning from mistakes in the real estate industry.
26:14

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Real estate deals benefit from mentorship and community support for valuable insights and learning opportunities.
  • Being open to advice and feedback is crucial in reassessing and restructuring deals for better outcomes.

Deep dives

Deal Structuring Journey: From Direct to Seller to Working with Agents

The episode delves into Jacob's deal in New Mexico, highlighting his journey from initially attempting deals directly with sellers to eventually collaborating with real estate agents. Jacob realized his strength lay in working with agents, leading him to restructure his deal through an agent, ultimately aiding in attaining better terms and insights.

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