Get Creative with Pace Morby cover image

Get Creative with Pace Morby

Latest episodes

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Mar 23, 2024 • 58min

Revealing the Secrets of $0 Down Real Estate Deals

Welcome to a new episode of the Get Creative podcast. Today, we dive into the world of creative real estate financing as I join David Greene and Rob Abasolo on their podcast BiggerPockets Real Estate Podcast.    In this episode, I share the mastermind behind countless successful $0 down deals. I’ll discuss how I usually navigate the complexities of SubTo financing, negotiate multifamily units, and transform challenges into opportunities. Whether you're a seasoned investor or just starting out, these insights are important to get you into creative financing, going to help you understand seller motivations and the magic of structured deals. Take advantage of these strategies that could open the door to your next big deal!   Highlights: "Buyers are liars, sellers are worse. You have to be good at these things to overcome objections because people are not going to seminars like we are, they're not watching hundreds of YouTube videos."   "A SubTo or seller finance deal can be done in less than four hours... It's take out five people out of the transaction; all you're doing is transferring the deed."   "The receipt of real estate is called the deed. Whoever has the receipt is who owns that property."   Timestamps: 00:00 - Creative Financing Intro 00:37 - Multifamily vs. Single Family 02:26 - Mastering Sub-to Deals 03:19 - Hybrid Deal Breakdown 08:37 - Underwriting Multifamily Deals 10:31 - Due Diligence and Seller Lies 18:21 - Agent Challenges in Creative Deals 21:14 - Sub-to & Multifamily Closing Times 27:03 - Length of Ownership Strategy 44:38 - Executive Contracts & Risk Management   Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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Mar 22, 2024 • 16min

A Journey to Financial Freedom with Tim Yu

Welcome to a new episode of the Get Creative Podcast! In today’s episode, we dive into a fascinating real estate journey with Tim Yu, a SubTo student turned successful investor. Discover how Tim navigated a seller finance deal in Louisville, Kentucky, and turned it into a long-term investment strategy. From overcoming initial challenges to using the power of community, this conversation is packed with inspiration and actionable insights for anyone interested in real estate investing.   Highlights:   “It's all about the people that you need."     "I always say the course is more like an appetizer to get you understanding stuff. And then the next step is connecting with people that are ahead of you"     "They're like, You're so stupid. You didn't you should just focus on one person. I'm like, no, because, like, I need sometimes seven or eight different people on a deal to get the deal done.   Timestamps:   04:56- A Seller Finance Success Story 08:39- Zero Interest Seller Finance Deal 09:55- SubTo Students Involved 11:12- Leveraging SubTo Community 12:51- Balancing W-2 and Real Estate 13:44- Focus on Marketing and Scaling 14:59- Building Friendships within SubTo  15:12- Exciting Opportunities with Pace Morby   Join my SubTo Mentorship: http://joinpacescommunity.com/    Join Our Free Facebook Community to Connect with Tim: https://paceapproves.com/fbg-pod
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Mar 21, 2024 • 17min

How Jennifer Billat Conquered Real Estate Dreams One Follow-Up at a Time

Welcome to the Get Creative podcast! In this episode, we're joined by the unstoppable Jennifer Billat, who shares her journey into real estate and reveals the secrets behind her success in acquiring properties through creative financing. From manifesting dreams to relentless follow-ups, Jen's story is both inspiring and empowering. Join us as we delve into her strategies and discover how she's making real estate dreams a reality!   Highlights: "I just wanted to talk to you. I'm not here to take advantage, I just want to bring that back to real estate... How can I help you? Because inevitably it's gonna help me."     "It's so cool to hang out with you. You earned it. This is freaking awesome... You did the work that nobody was watching. You stayed consistent, you were committed."     "What makes my heart and soul happy is, how do I help? What can I do? What resources do I have to help others? So super stoked."   **Top 10 Timestamps + Short Titles:** 00:00- Introduction: Meet BadAssBossJen 00:30- Getting Into Real Estate: Jennifer's Journey 01:28- Choosing Arizona: Manifesting Dreams 02:26- Challenges of Creative Finance 03:15- Finding Opportunities and Overcoming Objections 04:14- Building Rapport and Persistence 06:07- Seller's Pain and Motivation 07:35 - The Application Process for Seller Financing 09:01- Seller's Pain Points and Market Realities 13:18- Connecting with Jennifer: How to Get Involved   Join my Gator mentorship: https://paceapproves.com/gatortrainingyt    Join my SubTo Mentorship: http://joinpacescommunity.com/    Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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Mar 20, 2024 • 1h 23min

The SubTo Method for Real Estate Investing

Welcome to a new episode for the Get Creative Podcast. Let's dive into the world of real estate. I'm Pace Morby, an entrepreneur and seasoned real estate investor. In this episode, I'll reveal the secrets to establishing a thriving real estate empire using creative financing and community collaboration. From conquering formidable challenges to harnessing specialized skills and nurturing authentic connections, I'll share invaluable some insights to empower both experienced investors and newcomers. Prepare to transform your real estate strategies and discover limitless prospects for success in this ever-evolving industry.   Highlights: "You don't eliminate problems. You upgrade yourself to deserve bigger and better problems." "Focus on becoming a man that understands private money partnerships, how to find community members with deals, how to structure deals, and how to underwrite creative finance deals. Once you acquire these skills, you are unstoppable." "If you did anything 18 minutes a day, by the end of the year, you would be world-class at that thing. You would be in the top 1%."   Timestamps: 03:43- Creative Financing in 2023 and Beyond 06:11- Overcoming Overwhelm 08:10- Deserve Better Problems 11:26- Creating Real Problems to Solve 26:25- Acquiring Skills, Relationships, and Resources 29:00- Maximizing a Budget 31:00- Becoming a Different Person 38:28- The Power of Consistency 54:09- Building Genuine Connections 1:06:25- Financial Strategies
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Mar 19, 2024 • 37min

Crafting Adventures in Finance with Michael Mnatsakanian

Welcome to a new episode of Get Creative.  Join us on Michael Mnatsakanian's journey as he shares his remarkable journey through real estate investing, from the wilderness of Alaska to the realms of creative financing. Michael dives into the ingenious strategies behind acquiring 20 rental cabins in Alaska with minimal upfront investment, showing the blueprint for scaling success nationwide. Join us as we unravel the secrets to unlocking lucrative opportunities in the dynamic world of real estate.   Highlights: "It's what does the seller need? And it's changed everything for me... solve the seller's problem. They're more likely to agree with you."    "I would rather have a lower cash flow with no money tied up in the deal and have a higher yield, right? And basically an almost infinite return."    "You can't use other people's money to buy that stuff... You can only do that in real estate."    Timestamps: 02:26- Exploring Alaskan Real Estate 04:53- Understanding Seller's Needs 06:52- Resourcefulness in Ventures 09:09- Minimal Upfront Investment 12:57- Transformational Power of Creative Finance 16:17- Structuring Finance Deals 20:10- Professional Property Management 21:36- Dealing with Mismanagement 26:50- Scaling with Strategic Partnerships 32:0- Prioritizing Higher-Value Activities   Join my SubTo Mentorship: http://joinpacescommunity.com/    Join Our Free Facebook Community to Connect with KJ & Joseph: https://paceapproves.com/fbg-pod
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Mar 18, 2024 • 20min

Scaling Your Real Estate Empire with Bryce Thigpen

Join us on this episode of the Get Creative Podcast as we talk with Bryce Thigpen, a real estate investor who has mastered the art of creative financing and Airbnb management. Bryce shares his journey from transitioning out of solar sales into wholesaling and SubTo deals, all while building a thriving Airbnb management company. Learn how Bryce leveraged community support, reinvented his business model, and implemented innovative strategies to scale his real estate empire.   Highlights:   "I want to build liquidity and invest my capital into more Sub To deals. Let's do cash direct to seller, super niche lists direct from the county."   "The greatest human beings on planet Earth are in Hawaii. Like Juan Carlos, he's just such a badass. You guys are homies, obviously."    "If it's going to benefit me, I know it's going to benefit other people. Most people love that."    Timestamp: 00:32 - Introduction & Community Support 02:50 - Transition: Solar Sales to Real Estate 05:45 - Leveraging Community Relationships 08:35 - Successful SubTo Deal Details 11:13 - Airbnb Management Venture 14:25 - Innovative Airbnb Marketing Strategy 16:37 - Targeted Direct-to-Seller Marketing 18:47 - Current Needs: Cash Buyers & Lead Gen 19:59 - Closing Remarks & Invitation 20:25 - Conclusion & Subscribe   Join my SubTo Mentorship: http://joinpacescommunity.com/  Join Our Free Facebook Community to Connect with KJ & Joseph: https://paceapproves.com/fbg-pod
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Mar 17, 2024 • 22min

Closing Deals and Changing Lives with Fatou Ndoye

Welcome to a new episode of Get Creative, Join Fatou Ndoye, whose collaboration led to the closing of a transformative deal. From last-minute funding to overcoming obstacles, this episode showcases the power of connection and the impact of taking action. Discover how a simple act of kindness sparked a chain reaction of prosperity, changing lives and shaping futures along the way.   Highlights:   "You don't raise money the second you need money, you raise the money before you need the freaking money."   "It's all about the relationship because now that I've proved that I'm here to help, there's a trust factor that I can deliver on what I said I'm gonna do."    "You attract a lot of amazing things because of who you are. And no matter how hard I try, or I set up, you are the difference maker."   Timestamps: 00:00 - Introduction  00:43 - A Turning Point 01:51 - The Last-Minute Funding Request 02:36 - Collaboration and Community Support 03:55 - From Connection to Quick Action 05:00 - Shai's Deadline and Urgent Need 07:04 - The Importance of Due Diligence 09:46 - Building Trust and Cementing Relationships 12:13 - Reflecting on Future Ventures 18:45 - Planning a Community Meetup   Join my Gator mentorship: https://paceapproves.com/gatortrainingyt  Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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Mar 16, 2024 • 55min

From W-2 to Financial Freedom with Michael Zuber

Welcome to a new episode of Get Creative.  Join Michael Zuber and I as we talk about real estate investing. From leveraging your W-2 job as a stepping stone to financial independence to the art of navigating the real estate landscape with precision, this conversation is a roadmap to success. Discover the transformative power of patience, the strategic use of disposable income, and the essence of authenticity in building wealth, one rental at a time.   Highlights:   “Disposable income is money leftover at the end of the month that you could literally light on fire, and nothing in your life changes."    "Learning the skill of real estate investing is like being on the driving range. Once you figure out how to hit the ball, you can go to any golf course in the country."     "You can attract a lot more bees with honey than you can with vinegar."    Timestamps  00:52 - Strategy of One Rental at a Time 05:37 - Patience in Real Estate Investing 08:31 - The value of authenticity and honesty in content creation 11:15 - Leveraging disposable income for real estate investing  28:24 - Delayed Gratification Pays Off 29:51 - Journey Towards Financial Freedom 31:11 - Intentional Wealth Building 32:34 - Playing the Long-Term Game 33:20 - Building Confidence Through Patience 42:54 - Developing Your Real Estate Skill Set
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Mar 15, 2024 • 18min

A Journey of Marriage and Real Estate with Dillon Hubbard & Thu Vo

Welcome to a new episode of Get Creative. Join on this episode of the Get Creative Podcast as we dive into the inspiring story of Dylan Hubbard and Thu Vo. From the challenges of marriage to finding success in real estate, their journey will motivate and uplift you. Learn how they overcame obstacles, found their path in the real estate world, and achieved financial freedom together.   Highlights:  "The knowledge we've learned through the last couple of months is much, much bigger compared to the cumulative knowledge that we've learned now in tight life"   "You changed our lives and it's so many other people, we will forever be indebted to you just for everything that you've done to change us"    "Working together for a common good to save sellers from bad situations and ultimately make money in the process."   Timestamps: 00:00 - Dylan and Thu: A Couple's Journey 02:40 - The Beginning of Their Story 03:57 - A Turning Point 05:49 - The Power of Community Support 08:13 - Building Confidence 11:38 - Closing Their First Deal 14:09 - Paradigm Shift and Confidence 15:00 - Focus on Wholesaling and Rentals 16:57 - Gratitude and Future Plans 17:37 - Stay Inspired and Keep Getting Creative   Join my SubTo Mentorship: http://joinpacescommunity.com/ Join Our Free Facebook Community to Connect with KJ & Joseph: https://paceapproves.com/fbg-pod
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Mar 14, 2024 • 30min

Navigating the Chaos of Real Estate Transaction Coordination with Alyssa Ritchie

Welcome to a new episode of Get Creative! Join us for a rollercoaster ride through real estate transactions as Alyssa Ritchie, a seasoned transaction coordinator, shares her journey handling a particularly turbulent deal. From unexpected surprises to handling multiple layers of complexity, Alyssa shows how resilience and problem-solving skills are essential in the world of real estate. Get ready for an insightful discussion filled with valuable insights and lessons learned!   Highlights: "You just have to keep going and push through." "There's no amount of paid education that you could ever go through, no college you could ever go through that's going to learn... you're going to learn the lessons that you learned on this one single deal." "If you're trying to do files without a transaction coordinator, just punch yourself in the face. First and foremost.”   Timestamps: 01:09 - Zoom Check-ins and Unnatural Intuition 03:00 - Introduction to the Property Deal 07:42 - Dumpster Fire Deal Unveiled 09:42 - Layers of Complexity: Gator Process 11:51 - Title Company Mishaps Unveiled 14:45 - The Saga of Missing Payments 18:53 - Human Inadequacy and Frustrations 20:21 - Dealing with Servicing Company Issues 22:39 - Seller Interactions and Check Issues 26:55 - The Grit of a Transaction Coordinator Join Top Tier TC: http://jointoptiercommunity.com/ Join Our Free Facebook Group: https://paceapproves.com/fbg-pod

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