Get Creative with Pace Morby

Unlocking Real Estate Riches: The SubTo Strategy with Pace Morby

19 snips
Apr 24, 2024
Pace Morby, a SubTo investing expert, shares groundbreaking strategies like turning real estate deals into a fun game. Topics include transitioning from hard labor to strategic investing, facing challenges, maximizing lead conversion with creative financing, and leveraging charity for tax planning. The journey to a TV show and the importance of community in real estate investing are also discussed.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Hard Work Without Systems Won't Build Lasting Wealth

  • Hard work without smart systems produced high income but not lasting wealth for Pace while contracting.
  • After burnout and long hours he shifted to creative finance to reduce work hours and increase wealth generation.
ANECDOTE

Bootstrapping A Local Reputation From A Prius

  • Pace used to park at a Circle K and pick up the first three people to join his Prius to take them to appointments, training many people hands-on.
  • That grassroots teaching made him 'the subject-to guy' locally and built his community and brand.
ADVICE

Build A Board Of Advisors That Forces Growth

  • Do build a board of advisors of five people who push you and know your numbers; treat them as accountability, not just friends.
  • Example: Brent Daniels required 50% income growth year-over-year to remain in his advisory room.
Get the Snipd Podcast app to discover more snips from this episode
Get the app