Get Creative with Pace Morby cover image

Get Creative with Pace Morby

Turning a Homeless’ Lead to $80K Profit with Michael Hillman

Dec 2, 2024
33:34

Welcome to a new episode of Get Creative! In this episode, host Keola Keala chats with real estate investor Michael Hillman about his wild journey from a homeless lead to making a whopping $80,000 profit on a distressed property. Mike shares how he sees value where others don't, the importance of trusting relationships, and how to navigate sketchy deals. Whether you're new to real estate or a seasoned investor, there’s a wealth of knowledge packed in this one!

 

Highlights:

"Every deal has potential, it’s all about how you structure it."

 

"I picture a treasure chest with $50,000 on the other side of that door."

 

"Don't compromise on price – it can be a very costly lesson."

 

"Team up and thrive – there’s no need to reinvent the wheel."

 

Timestamps:

0:00 - Mike Hillman's Introduction and Background 

2:04 - Joining the SubTo Community 

3:53 - Details of the Successful Deal 

6:24 - Negotiating with Butch 

17:31 - Acquiring and Renovating the Property 

21:31 - Butch's Financial Gain and Mike's Support 

23:17 - Renovation and Sale of the Property 

26:35 - Final Thoughts and Advice 

 

► 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:

https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content= 

 

► 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/ 

 

PLUG IN & SUBSCRIBE

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

TikTok: https://www.tiktok.com/@pacemorby 

 

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