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The Short Term Show
The Power of Subject To: Unlocking Real Estate Success with Pace Morby
Aug 28, 2024
In this engaging conversation, real estate mogul Pace Morby, a Wall Street Journal bestselling author and TV star, shares his insights on creative finance strategies, focusing on the 'Subject To' approach. He reveals how taking over payments can overcome traditional financing hurdles. Besides real estate tactics, Pace discusses prioritizing family time and how to structure life for better work-life balance. He emphasizes the crucial role of mindset in achieving success, advocating for mentorship and community connections in the industry.
01:00:45
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Quick takeaways
- Pace Morby highlights the transformative potential of creative financing strategies like 'Subject To' for overcoming traditional real estate investment barriers.
- The significance of mindset in achieving real estate success is underscored, as belief in oneself can lead to impressive portfolio growth.
Deep dives
Pace Morby's Journey into Real Estate
Pace Morby transitioned from a contractor to a successful real estate investor through a series of strategic decisions. Initially working for iBuyers like Opendoor and Zillow, he stumbled upon Instagram as a tool for documenting his work, which led to significant opportunities in the real estate sector. A crucial turning point came when a mentor encouraged him to pursue real estate investments instead of solely working for others. This mindset shift allowed him to leverage his contracting experience, eventually leading to substantial earnings and the realization that he could independently navigate the real estate landscape.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode