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Get Creative with Pace Morby

Latest episodes

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Aug 27, 2024 • 29min

Scott Mednick on Maximizing Real Estate Opportunities

Welcome to a new episode of Get Creative! Today, we're joined by the accomplished real estate investor Scott Mednick. Our host, Jordan Whittenburg, will dive into Scott's extensive background in the real estate industry, exploring a particularly fascinating deal involving a house flip that came with a unique twist—a Corvette! Learn how Scott navigates the highs and lows of real estate investments and uses creative financing to make the most out of every opportunity.   Highlights: "You know, joining this has been the best thing I've ever done. The people and the contacts... just fantastic."   "Some people may think I paid $10,000 for the car. I feel I got it for free because I would have paid that much for the house anyway."   "You don't want to put cheap stuff in a nicer neighborhood, and you don't want to put too expensive stuff in a neighborhood that's not that great."   "It's like going to medical school, right? You got the experience, you have your formula."   Timestamps: 00:00 - Introduction to Creative Real Estate Financing 00:53 - Scott Mednick's Incredible House Flip Deal 03:36 - Unique Aspects of Scott's Real Estate Career 05:20 - The Background that Fuels Scott's Success 10:05 - Negotiating a Corvette into a Real Estate Deal 13:13 - The Beginnings of the Rehab Process 15:57 - Calculating Profits and Extra Perks 17:08 - Scott's Approach to Real Estate Valuations 22:07 - Benefits of Joining Real Estate Investment Groups 27:23 - Scott's Future Plans and How to Connect   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 26, 2024 • 32min

How Seller Financing Can Change Your Real Estate Game

In this engaging discussion, Devin Carder, a dedicated member of the Pace community since 2020, shares his insights on seller financing and how it transformed his real estate journey. He highlights the power of community and collaborative learning, emphasizing that it’s all about 'go-givers.' Devin reveals the potential of 0% interest deals and the strategic advantages of seller financing. He also discusses managing multiple properties and navigating the complexities of real estate contracts and unexpected challenges.
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Aug 25, 2024 • 20min

A Step-by-Step Guide to Getting Your First Deal

Welcome to a new episode of Get Creative! In this episode, we embark on a 90-day journey with Nathan Barnes, a member of the Gator community. We'll explore how Nathan, a carpenter from Oregon now turned real estate enthusiast, integrates into the world of creative finance. From setting up his own LLC to mastering the Gator method under the mentorship of his guide, this series promises to offer a step-by-step blueprint for anyone looking to break into real estate without prior ownership.    Highlights: "You know what people's biggest problem is? They need a step-by-step solution to anything they're trying to do."   "We are literally going to take a brand new Gator, somebody who just joined the tribe, and we're going to document everything he does."   "The challenge with Gator is you won't see the physical result. You will only be able to hear it when you hear how articulate you are."   "This is why I'm saying we do one hour a day of action and maybe even two hours of documenting." Timestamps: 00:00 - Nathan's Introduction and Background  02:43 - Challenges of Taking Action  04:09 - Setting Up the LLC and Initial Steps  10:17 - Daily Tasks and Documentation  18:09 - Creating a Step-by-Step Process  18:21 - Building Relationships and Networking  18:34 - Documenting and Sharing Progress    ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 24, 2024 • 15min

Your Guide to Maximizing Seller Returns

Welcome to a new episode of Get Creative! In this episode, we delve into the intricate world of creative finance in real estate. Join us as we break down various investment strategies, focusing on how to talk to sellers about creative financing options. From understanding equity in practical terms to exploring multiple selling options beyond traditional listings, this episode offers valuable insights for both seasoned investors and those new to the real estate game.   Highlights: "Equity is not just the difference between what you owe and what it sells for; it's what you actually pocket after all fees."   "Offering multiple selling options is crucial; relying solely on traditional listings can limit your potential."   "Creative finance can transform a standard real estate deal into a win-win for both buyer and seller."   "In real estate, knowing more options gives you an edge in maximizing your investments and choices."   Timestamps: 00:00 - Seller's Net Sheet and Agent's Commissions  02:56 - Breakdown of Selling Costs  03:41 - Alternative Selling Options  03:55 - Financing and Partnership Options  12:14 - Market Risks and Long-Term Benefits  12:49 - Final Considerations and Agent Advice    ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 23, 2024 • 38min

Flipping the Script: James Wells on Resilience and Innovation in Real Estate

Welcome to a New Episode of Get Creative! In this episode, our host Keola Keala is joined by the talented James Wells. We dive deep into the world of real estate, exploring innovative strategies and sharing James's journey in flipping properties and navigating the challenges of the market. Whether you're a seasoned investor or just starting out, this episode is packed with actionable insights that could redefine how you approach property investments.   Highlights: "Consistency beats everything else. Just keep showing up."   "Swing for the fences because really, the basic needs in life, they're gonna still be there."   "Facing your fears is the first step to overcoming them."   "What's in the way is the way."   Timestamps: 00:00 - Introduction 03:11 - James Wells' Background and Introduction to Real Estate 07:17 - Journey to Pace's Community and Initial Success 09:53 - Consistency and Action in Real Estate 14:25 - Handling Market Challenges and Building Relationships 18:24 - The Executory Contract and Enhancements 28:14 - Challenges and Pivots in Property Management 34:10 - Advice for Joining Pace's Community 35:34 - What's Next for James and How to Contact Him 37:38 - Conclusion and Outro   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 22, 2024 • 31min

Turning Zero Equity into Cash Flow: Jackson’s Strategy

Welcome to a new episode of Get Creative! In today’s episode, we have a special guest, Jackson Pierce, joining our host, Justin Tuminowski. Jackson, a member of the Gator tribe and a seasoned real estate investor, shares his journey from military service to mastering creative finance strategies in real estate. Throughout the episode, Jackson discusses how he leveraged creative financing techniques to turn seemingly impossible deals into profitable investments. He dives into a recent Sub-To deal where he transformed a zero-equity situation into significant cash flow by using his unique exit strategy.    Highlights: "I went from YouTube University to the school of Gator, and this year, I got into SubTo  and Owners Club as well."   "You need to be telling people what you're doing... It's mindset, but at the end of the day, you have to talk about your passions."   "It's important that I had my exit strategy lined up. I don't think I could have bought this deal without knowing exactly what I was going to do with it."   "You don't have to have a direct-to-seller business when you just talk about what you're doing and what you're passionate about."   Timestamps: 00:00 - Introducing Jackson Pierce 01:03 - Discussing Jackson's Real Estate Journey 03:16 - The Importance of Transaction Coordinators 05:27 - Finding Distressed Properties through Networking 08:36 - Structuring the Sub-To Deal 12:03 - Leveraging Military Housing Opportunities 15:10 - Furnishing and Monetizing the Property 19:07 - Acquiring the Property with a Private Money Partner 23:53 - Considerations for Private Money Partnerships 27:59 - Connecting with Jackson and Seeking Opportunities   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 21, 2024 • 15min

No Capital? No Problem: Unlocking Real Estate Profits

Welcome to a new episode of Get Creative! Today, we dive into an incredible real estate story featuring a student named Brian who transformed his life from a valet attendant to a full-time real estate investor. After joining a real estate mentorship, Brian managed to earn $180,000 in just one year, allowing him to quit his day job and pursue real estate full-time. We'll explore the strategies he used, the challenges he faced with financing deals, and how leveraging the right community and tools can lead to massive success in the wholesale real estate market.   Highlights: "Today is the last day I'm working here... I joined your mentorship a year ago and I made $180,000."   "All they need is money. What are the problems? Why will the lender not give Brian money for the four unit plus?"   "You can make a lot of money without even being your transaction."   "Gators come in and insert themselves and gather resources and bring resources to the table and get paid to do so." Timestamps: 00:00 - Brian's Success Story and Initial Deal 02:18 - Challenges with Financing and Gator Strategy 03:28 - Details of the Wholesaling Deal 04:17 - Lender Communication Issues and Property Details 05:43 - Brian's Background and Additional Deals 06:12 - Gator Strategy and Community Benefits 06:40 - Finding Lenders and Making Money 07:53 - Recap of Brian's Success and Future Plans 08:26 - The Next Steps for Brian 13:45 - Conclusion and Final Thoughts   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 20, 2024 • 33min

Scaling with a Fractional Operator: Caitlin & John’s Journey

Welcome to a new episode of Get Creative! Today, we’re excited to bring you an insightful conversation with Caitlyn Beals and Jonathan Chan, hosted by Miron and Karolyn Briley. In this episode, we dive deep into the world of creative finance, exploring how Caitlyn transitioned from project management to becoming a top-tier transaction coordinator. Jonathan shares his journey of scaling his real estate business through innovative financing methods and the invaluable role of a strong operator. If you’re interested in learning how to blend visionary ideas with practical execution, this episode is packed with valuable insights for you.   Highlights: "It’s not just about doing deals; it’s about doing them right."   "Being a visionary doesn’t mean you have to do everything alone."   "When you find the right partner, scaling becomes possible."   "Creative finance is more than a strategy; it’s a mindset."   Timestamps: 00:00 - Introduction 01:27 - Meet today’s hosts and guests 03:55 - Jonathan Chan and Caitlyn Beals share their backgrounds 06:03 - Jonathan discusses his first real estate transactions with Caitlyn 09:29 - Caitlyn shares the challenges and learning experiences in her role 13:45 - Jonathan’s approach to scaling his portfolio with creative finance 19:18 - Understanding roles in a visionary-operator partnership 25:00 - Insights on different types of visionaries in real estate 27:02 - Caitlyn’s methodical approach to managing transactions 31:46 - Final thoughts   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 19, 2024 • 37min

Real Estate Deals in Santa Cruz with Josh Kolbo & Brayton Furlong

Welcome to a new episode of Get Creative! In this episode, host Keola Keala is joined by real estate investors Josh Kolbo and Brayton Furlong. Together, they dive deep into the world of creative real estate investing, sharing their journey from their initial foray into real estate during the pandemic to closing innovative deals in Santa Cruz. Josh and Brayton discuss how they met through a local community and leveraged the power of collaboration within Pace's SubTo community to close a challenging deal. They also highlight the importance of building transformational relationships over transactional ones and how that philosophy has driven their success.    Highlights: "Teamwork makes the dream work when it comes to real estate."   "It’s about creating transformational relationships, not just transactions."   "We’re solving problems for sellers and providing solutions for investors."   "Connecting in person is key—real estate is a team sport."   Timestamps: 00:00 - Introduction to Get Creative Podcast and today's guests. 01:08 - Josh and Brayton share their backgrounds and how they got into real estate. 06:37 - What attracted Josh and Brayton to SubTo and their partnership story. 12:58 - Josh details a creative deal in Felton, California, and the challenges faced. 20:49 - Transition to Brayton’s role in the disposition side of the deal. 27:15 - Breakdown of the deal’s financials and creative financing details. 30:42 - Key takeaways: the power of teamwork and placing the right buyer. 33:19 - The importance of transformational relationships over transactional ones. 34:44 - Where to find Josh and Brayton online and how to connect for deals. 36:19 - Final thoughts and call to action for listeners.   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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Aug 18, 2024 • 20min

The Art of Door Knocking and Cold Calling in Real Estate

Welcome to a new episode of Get Creative! In today's episode, we cover the best ways to communicate with sellers in foreclosure. Joining us is Michael Franke, an expert in pre-foreclosures, who shares his top strategies, including door knocking, cold calling, and the importance of using various communication methods. We discuss the effectiveness of direct mail, video messages, and even how to leverage platforms like Facebook Messenger to connect with distressed sellers. Michael also emphasizes the need to be persistent, compassionate, and professional when reaching out to those facing foreclosure.   Highlights: "It's my duty to make sure they're okay, whether I buy the house or they solve the situation on their own."   "Persistence is key; people will respond when they're ready, and you have to be there."   "You need to see somebody that's regimented, consistent, polite, and professional."   "Foreclosure communication isn’t about buying a house; it's about providing a solution."   Timestamps: 00:00 - Introduction to Foreclosure Communication 01:04 - The First Step: Door Knocking or Cold Calling? 03:03 - The Duty of Helping Sellers 04:40 - Choosing Between Door Knocking and Cold Calling 06:11 - Crafting Effective SMS Messages 07:08 - The Options Available to Sellers in Foreclosure 09:23 - Using Facebook Messenger for Foreclosure Deals 11:30 - The Role of Email in Foreclosure Communication 12:11 - Direct Mail: Credibility and Timing 14:33 - The Power of Video Messages   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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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