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Get Creative with Pace Morby

Latest episodes

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Oct 31, 2024 • 40min

Creative Finance and Real Estate: A Deep Dive with Nicholas Munoz

Welcome to a new episode of the Get Creative podcast! Today, host Karolyn Briley sits down with Nicholas Munoz, a rising star in the real estate investing world. In this episode, we’ll explore Nick’s transition from the automotive industry into creative finance and real estate investing. He'll share his strategies, the lessons learned along the way, and some inspiring success stories from his journey in the industry. Whether you're a seasoned investor or just starting out, Nick’s insights into creative financing will provide you valuable perspectives on securing your first deals and thriving in real estate.   Highlights: "Every deal is a learning experience; it’s about moving forward and adapting."   "In real estate, sometimes stumbling into an opportunity is the best way to learn."    "Creative finance isn’t just theory; it’s practical, it’s real, and it’s transformative."   "To succeed in real estate, you need to step out of the sidelines and into the action."    Timestamps: 00:00 - Introduction: Entering the World of Creative Finance 02:10 - Nicholas Munoz's Introduction and Background 03:48 - Transition from Automotive Sales to Real Estate 05:24 - First Deal Experience: Learning from Community and Taking Action 09:23 - The Art of Creative Deal Structuring 14:01 - Adapting to Market Changes and Refinancing Strategies 19:22 - Journey to Joining SubTo Community 23:28 - Challenges and Successes in Foreclosure Deals 27:47 - The Impact of Community Support and Mentorship in Deals 34:14 - Final Thoughts: The Importance of Community and Continued Learning   ► 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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Oct 30, 2024 • 17min

The Multifamily Millionaire Blueprint

Welcome to a new episode of Get Creative! In this episode, we delve into the lucrative world of multifamily real estate investing. Whether you're looking to make a start in the industry or scale up your existing portfolio, our discussion covers a range of strategies from starting as a fund of funds to leveraging creative finance and wholesaling. Join us as we explore how these strategies create new millionaires and provide insights into multifamily fund operations, qualifying partner strategies, and the importance of in-person learning.   Highlights: "Jump straight to the big leagues of real estate through multifamily investments."   "Understanding fund operations is crucial for scaling in real estate."   "Qualifying partners can dramatically increase your leverage in deal-making."   "Wholesaling is just the beginning—multifamily is where true wealth is built."   Timestamps: 00:00 - Getting Started in Multifamily Real Estate 01:51 - Fund of Funds Strategy 06:13 - Learning and Leveraging Fund Operations 08:01 - Qualifying Partner (QP) Strategy 15:16 - Wholesaling to Multifamily Funds 16:21 - In-Person Classes 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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Oct 29, 2024 • 32min

Ashley Abbott on Building a $7M Portfolio with SubTo

Welcome to a new episode of Get Creative! Today, host Keola Keala sits down with Ashley Abbot, a seasoned real estate investor who transitioned from a career in IT and the Marine Corps to building a $7 million real estate portfolio using innovative financing strategies. Join us as we explore Ashley's journey and uncover actionable insights on making it big in real estate through creative financing.   Highlights: "You can almost make anything a deal if you structure it right."    "I woke up one day and said, I want to start a real estate business."    "Be a hawk, be out there, go get it. Nobody is going to make it happen except for yourself."    "If you fail, you just go back to working a nine-to-five job like everybody else in the world."    Timestamps: 00:00 - Introduction and Welcome 01:09 - Ashley's Background and Initial Steps in Real Estate 04:16 - Discovery of the Pace Community and Initial Success 06:41 - Growth and Expansion in Real Estate 10:21 - Details of a Wholesale Deal 20:11 - Negotiation and Closing the Deal 25:36 - Execution and Final Outcome 28:43 - Advice and Final Thoughts 30:55 - Contact Information and Closing   ► 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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Oct 28, 2024 • 29min

Wholesaling Wisdom: Justin & Julia Share Their Strategies

Welcome to a new episode of the Get Creative podcast! Today, Justin and Julia Pickel from Detroit, Michigan, join host Jordan Whittenburg. In this episode, Justin and Julia share their experiences and successes in the realm of real estate wholesaling, including a deep dive into their recent turnkey deal in Florida. They'll also discuss the systems they've built to streamline their business and the impact of family mentorship on their careers.   Highlights: "Building relationships and maintaining great energy are key in this business."    "Never give up. There's always a way and something you could do to solve the problem."    "I learned the importance of always following up with people and maintaining those relationships."    "It’s all about being problem solvers and figuring things out when they get difficult."    Timestamps: 00:01 - Introduction 01:06 - Meet the Host and Guests: Jordan, Justin, and Julia 02:03 - Justin's Start in Wholesaling 04:33 - Julia's Entry into Real Estate 06:17 - Young Achievers in Action 08:08 - Building a Successful Real Estate Team 10:52 - The Big Deal in Florida 14:34 - Another Successful Close and New Opportunities 17:16 - Key Lessons from Family Business 20:07 - Strategies and Confidence in Wholesale 23:04 - The Value of Community and Networking 25:14 - Future Plans and Opportunities for Growth 28:06 - Closing Remarks   ► 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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Oct 27, 2024 • 13min

RV Parks: The Hidden Gold Mines of Real Estate

Welcome to a new episode of Get Creative! In this episode, dive deep into the world of creative finance in the RV park industry. Learn how a single RV park generates significant cash flow through innovative financial strategies, including a detailed breakdown of a $1.4 million cash deal involving community funding, seller finance struggles, and a hybrid deal structure. Discover the potential of RV parks as high-return investments and the intricacies of managing and upgrading such properties for maximum profitability.   Highlights: "This single park produces enough cash flow that can kill just about any job I've ever seen."   "This park generates about $25,000 a month."   "My net cash flow on this property every single year will be somewhere around $70 to $80,000 for our first year."   "It's like 80% of every park I've ever talked to, the person who is managing the park on a day-to-day... They're basically living here just for the rent and the utilities."   Timestamps: 0:00 - Mountain View RV Resort: A Job Killer 1:22 - Creative Finance and Community Funding 2:43 - Park Acquisition and Renovation Plans 3:59 - Management and Labor Strategy 5:26 - Finding the Deal and Community Meetups 7:36 - Long-Term Rental Strategy 9:37 - Value Add and Future Plans   ► 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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Oct 26, 2024 • 23min

How to Earn $230K a Year in Real Estate

Welcome to a new episode of Get Creative! Today, we're diving into the fascinating world of no-money-down real estate deals. We'll explore a real-life example of acquiring a home using creative financing strategies like subject-to loans, seller financing, and more. I'll break down the numbers, explaining each step of the process, from acquisition to cash flow strategies. If you're interested in real estate investment and looking for innovative ways to leverage your deals, this is an episode you won't want to miss!    Highlights: "You could buy 12 of these deals, get paid up front to do it, and you're set for life." "We took over three mortgages with no money out of our pocket and got paid $15,000 to buy the deal." "The biggest reasons why she sold to us is because she wanted all her equity out of the house." "This is how I’m buying deals with no money, no cash, no credit, and getting paid in the process."   Timestamps: 00:00 - Introduction to No Money Down Deals  02:30 - Breaking Down the Real House Purchase  05:00 - Detailed Explanation of Financing Strategies  08:16 - Overview of the Subject-To Deal Structure  10:45 - Cash Flow Analysis and Profit Strategies  15:00 - Deep Dive into Refinancing Options  18:20 - Tax Benefits and Cost Segregation Explained  22:00 - Long-Term Financial Impact of Real Estate Investments  25:30 - Challenges and Considerations in Creative Financing  28:50 - Closing Thoughts and Key Takeaways   ► 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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Oct 24, 2024 • 39min

The Anatomy of a Virtual Wholesaling Deal

Welcome to a new episode of Get Creative! In this episode, hosts Karolyn and Miron Briley sit down with guests Bryant Garcia and Daniella Devine to discuss the intricacies of virtual wholesaling and creative finance. We dive into a particularly challenging real estate deal that tested every aspect of negotiation, problem-solving, and persistence. From compliance issues to contract extensions, this story covers a comprehensive journey through the world of real estate deals that require creativity and community support.   Highlights: "Every deal has a story, and overcoming ten different challenges is our theme today."   "We're tapping into virtual wholesaling, where it’s not just about finding the right deals, but also navigating the complexities that come with it."   "Persistence is key in real estate; the more problems you face, the more you learn."   "Don't give up, even when the deal throws every possible challenge your way. There’s always a solution."   Timestamps: 00:00 - Introduction and Overview of the Podcast 02:13 - Initial Lead and Challenges 04:13 - Navigating the Land Trust Issue 10:17 - Switching Title Companies and Continued Challenges 14:10 - Final Push to Close the Deal 34:49 - Post-Closing Challenges and Lessons Learned 35:04 - Final Thoughts and Contact Information   ► 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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Oct 23, 2024 • 13min

Inside a $11K/Month Multi-Family Property Deal

Welcome to a new episode of Get Creative! In this episode, we delve into the profitable world of multifamily properties through owner financing. Join us as we follow the journey of Carly Romer and her team, exploring their tactics from initial contact to successful negotiations. Discover the steps they took to secure a multifamily property that nets $11,000 a month, their strategic persistence in follow-ups, and the key takeaways that can help any investor succeed in real estate.   Highlights: "Building a relationship with property sellers can transform an initial cold call into a profitable negotiation."   "Persistence in follow-ups is crucial; it's about staying on their radar without being a nuisance."   "Negotiation is an art—knowing when to push for a better interest rate or a lower down payment can make or break a deal."   "Every successful deal relies heavily on the community and partnerships—it's not just about the numbers."   Timestamps: 0:00 - Acquiring Multi-Family Properties through Owner Financing 1:13 - Carly Romer's Initial Attempts and Challenges 3:18 - Building Rapport and Persistent Follow-Up 5:29 - Negotiating the Deal Terms 10:02 - Key Takeaways and Strategies for Success 12:27 - Community Support and Final 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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Oct 22, 2024 • 37min

The Thrill of the Deal: Tim Armstrong's Creative Finance Wins

Welcome to a new episode of Get Creative! Today, host Keola Keala is joined by Tim Armstrong, who shares his journey from being a carpenter working on high-end homes to mastering the art of creative real estate investing. In this episode, we dive into how Tim leveraged his background in construction to navigate the competitive real estate market, his approach to creative financing, and the lessons learned along the way. Join us as Tim discusses his first successful deals, the power of persistence, and the importance of community in the world of investing.   Highlights: "If you're on the fence, get off. It's either join or don't join. That part in the middle is the worst place to be."   "You gotta paddle into it yourself. You got to take your lumps, and then you're going to get a ride of your life."   "I didn't realize that I was that persistent, and it's not difficult. Most times it's you talk yourself out of doing something."   "These are the best friends that money can buy, and it's so true. You're part of a community now that wants to do the exact same things that you do."   Timestamps: 00:01 - Introduction to the podcast and Tim Armstrong 02:29 - Transition from carpentry to real estate 04:28 - Attraction to the real estate community 05:47 - Surfing analogy and community engagement 07:35 - Emphasizing persistence in real estate 10:05 - Discussing a specific creative deal 15:36 - Finalizing the deal and key lessons 19:02 - Exploring partial fix and flip strategies 22:35 - Action-based learning and adjustments 26:49 - Financial outcomes of the deal 29:01 - Biggest lessons learned from the experience 32:38 - Tim's advice for those new to real estate   ► 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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Oct 21, 2024 • 32min

From Corporate to Creative: The McGuire's Real Estate Leap

Welcome to a new episode of Get Creative! Today, we're joined by Corrie and Andrew McGuire, a power couple from Arizona who have mastered the art of creative real estate deals. In this episode, they share their inspiring journey from corporate America to becoming influential figures in the real estate community, detailing the strategies that helped them succeed, including the innovative "Rooster Strategy." Whether you’re a seasoned investor or just starting, this story of transformation and success is sure to offer valuable insights. Highlights: "I felt like I was in prison, and I was like, how do I get out of this prison? I'll do anything."  "It’s about going all in and finding that unique balance in leveraging each other’s strengths." "The more emotional the reaction, the closer you are to a deal."  "Never underestimate the power of empathy and understanding in negotiations."   Timestamps: 00:00 - Introduction to the Episode  01:44 - Andrew's Initial Struggles and Breakthrough  03:12 - Transition to Full-time Real Estate  05:00 - The Origin of the Rooster Strategy  07:06 - Corrie's Transition from Speech Therapist to Real Estate  09:34 - Introduction to the Rooster Strategy  12:28 - Engaging a Difficult Seller  15:10 - Finalizing the Deal with Creative Solutions  19:06 - The Emotional Reward of Helping Others  22:14 - Learning from Emotional Responses in Sales  24:06 - Closing the Deal and Its Impact  26:33 - How the Deal Benefited Both Buyer and Seller  28:19 - Future Plans and Collaborations  31:07 - Wrapping up and Contact Information   ► 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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