Get Creative with Pace Morby

Welcome to a new episode of Get Creative! In today’s episode, host Karolyn Briley is joined by real estate investor Phillip Warrick. They dive into the intricacies of creative finance, focusing on a compelling Subto deal in LaPorte, Texas. Phillip shares his journey in real estate investing, the importance of community collaboration, and valuable insights on navigating motivated seller situations. Highlights: "Real estate is local; you can build a multi-million dollar empire in your own market." "The Subto community has everything; I don’t have to go outside to get high-level training." "When we can solve more problems for sellers, the more likely we are to get the deal." "I started my journey with a home study course on buying houses with no cash and no credit." Timestamps: 00:00 Introduction 01:12 Guest Introduction: Phillip Warrick 02:06 Overview of the LaPorte, Texas Market 03:04 Phillip's Real Estate Journey 04:58 Starting in Real Estate at Age 21 05:17 The Importance of Local Market Knowledge 07:09 Discovering Gator Community 09:00 Transitioning into Subto Community 10:56 Origin of the LaPorte Deal 13:27 Breakdown of Numbers and Financing ► 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   

Welcome to a new episode of Get Creative! Today, we have David Richter, a highly regarded expert in financial management for real estate investors and author of the influential book Profit First. In this episode, David discusses the critical financial strategies that can help investors manage their money effectively, avoid common pitfalls, and build a profitable business. He shares his journey in real estate, the inspiration behind his book, and practical tips for managing finances as you scale your business. Highlights: "Bookkeepers track; CFOs strategize." "You don’t need a CFO when you’re brand new." "Scaling to oblivion is a common mistake." "Understanding your numbers is crucial for success." Timestamps: 00:00 Welcome to the Get Creative Podcast 01:06 Introduction of Guest: David Richter 02:30 Overview of David’s Company: Simple CFO 03:58 Inspiration Behind Profit First 05:21 David's First Real Estate Deal Experience 07:05 The Importance of Financial Management 09:14 Common Financial Pitfalls in Real Estate 10:15 Transitioning to Better Financial Practices 12:14 Addressing the Epidemic of Financial Illiteracy 14:30 Closing Thoughts and Resources 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

Welcome to a new episode of Get Creative! Today, we have Gregory Crane, a member of the Gator Tribe and the Subto community. In this episode, Gregory shares his journey into real estate investing, highlighting a successful private money partnership deal he executed in Knoxville, Tennessee. He discusses the importance of networking, creative financing strategies, and how collaboration within the community has helped him thrive. Highlights: "Networking is key; meet as many people as you can." "A wrap exit allows buyers to bypass traditional mortgage hurdles." "You can get paid three ways in a wrap deal: at closing, monthly cash flow, and upon sale." "Resilience is crucial; not every deal will go smoothly." Timestamps: 00:00 Introduction 01:06 Introduction of Guest: Gregory Crane 01:41 Gregory's Background in Real Estate 03:58 Importance of Networking in Real Estate 04:26 Understanding Wrap Exits and Their Viability 06:24 The Buyer’s Situation and Deal Structuring 07:23 Marketing Strategies for Finding Buyers 11:02 Role of Transaction Coordinators in Deals 13:18 Growth Through Community Engagement 15:03 Resilience in Real Estate Investing ► 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   

Welcome to a new episode of Get Creative! Today we’re joined by Spenser Nickelatti, a real estate aficionado, as we explore the dynamic realm of creative finance and real estate investing. In this episode, Spencer shares his remarkable transition from a negative net worth to becoming a successful real estate investor, shedding light on innovative finance strategies and the profound impact of community collaboration. Highlights: "Take action, don't let excuses hold you back." "Upgrade from a Honda Accord to a Ferrari in real estate." "Ready, fire, aim. The key to success is taking massive action." "Don't be a cruncher, be a doer in real estate investing." Timestamps: 00:00 Introduction 00:54 Building Connections and Opportunities 01:29 Spenser's Striking Beginnings and Midwest Real Estate Insights 04:21 Overcoming Financial Obstacles 05:27 Strategies for Success 06:24 Implementing Real Estate Deals 06:56 Ready, Fire, Aim Mentality 08:12 The Strength in Collaboration 10:15 Networking Essentials 11:42 Conclusion ► 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 

Welcome to a new episode of Get Creative! In this episode, we dive into an exhilarating journey of personal growth and community building. The host shares a transformative experience from the Day with Pace program, where participants confront fear by flying airplanes and pushing boundaries. This episode explores the parallels between overcoming fear in real estate and life, how mentorship can elevate confidence, and the power of content creation in building meaningful connections. Tune in to be inspired and motivated to step out of your comfort zone! Highlights: "It’s not the mountain we conquer, but ourselves." "Fear is just the first step to transformation." "The domino effect of one bold move can redefine your life." "Comfort zones are great, but growth happens in the stretch." Timestamps: 00:00 The thrill of unexpected challenges and the mission of Day with Pace. 02:42 Participants confront their fear of flying and reflect on the experience. 03:12 How pushing through fear leads to personal change and growth. 03:41 Comparing learning to fly with closing the first real estate deal. 04:09 Insights on how mentors guide through challenges. 04:34 Why hard challenges are essential for long-term growth. 05:12 Teaching the art of content creation and its impact. 05:47 The power of networking within a supportive community. 07:30 How shared experiences foster lasting bonds. 08:50 How bold moves generate success and inspire others. ► 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 

Welcome to a new episode of Get Creative! In this episode, we dive into the inspiring story of Benjamin Wong, a SubTo leader in New England, who acquired a laundromat with no money down, no credit check, and no prior experience. Through his creative financing strategies and his ability to build rapport with the seller, Benjamin was able to turn this laundromat into a $20,000-per-month revenue-generating business, and he even brought in private money partners from the SubTo community to join him in the venture.   Highlights: "This episode is all about how one deal can change your life, and not only one deal, but one deal that you don't have to use a bank, no money of your own, no credit check."   "Our goal is to give the all the money back to our partners, so they are, they are zero money in the deal, and make it infinite return"   "She was so glad at the closing table. She was like, this is the partner, and she just turned the part."   "In her whole life, she has never traveled one day, and all she initially wanted was to retire and go travel. But after my conversation with her, she realized it's more important to see her son to be out of the basement."   Timestamps: 00:00 - Introduction to the concept of buying a laundromat with creative finance 02:09 - Benjamin's approach to building a relationship with the seller 06:24 - The structure of the deal and the use of private money partners 12:00 - The primary revenue sources and profit margins of the laundromat 19:50 - Benjamin's rapport-building with the seller and solving her personal problems   ► 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 

Welcome to a new episode of Get Creative! Today, host Jordan Whittenburg sits down with two inspiring guests: Matt Starobykhovskiy and Drake Bonilla. In this episode, we dive deep into the process of closing creative finance deals, overcoming obstacles in real estate investing, and the power of mentorship within the SubTo community. Learn how Drake secured his first rental property and how Matt’s innovative team strategies help new investors achieve their dreams. If you're ready to take action, this is the episode for you!   Highlights: "You don’t need a ton of money or experience to break into real estate."    "Focus on relationships, not just transactions, to close creative deals."    "Listening is the foundation of building trust and understanding."   "Real estate is more than cash flow; it’s about opportunity and growth."    Timestamps: 00:00 Introduction  01:06 Meet the Team  05:15 Matt’s Story Of Mentorship Challenges And Early Losses. 07:43 First Deal Highlights & The Star Group’s Support. 10:20 Matt’s Approach to Handling Agent Resistance in Creative Deals. 14:08 Drake’s Rental Property  17:29 The SubTo Advantage 20:30 Building a Collaborative Team  24:42 Innovative Dispo Platform 30:59 Closing Notes   ► 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 

Welcome to a new episode of Get Creative! Today, host Justin Tuminowski sits down with Jessicaa Roberts to discuss the world of creative finance and innovative business strategies. Jessica shares her remarkable journey from the spa and wellness industry to the world of real estate investing and business acquisitions, diving deep into her experience of purchasing a wellness center using creative financing techniques, including leveraging private capital and seller financing. Tune in to listen to Jessica her strategies for building a strong team and finding the right partners, the differences between investing in real estate and acquiring businesses and much more.   Highlights: "I had my phone out multiple times about to send a catastrophic text, and I'm like, nope, nope. I'm smarter than this. I've been in business longer than this."   "If you're thinking right now, I don't know what to do if I was to buy a business. You can find a way to educate yourself, and you do not have to do it alone."   "60% of businesses are bought creatively in a huge percentage of businesses that are even listed on websites like bizbysell, they never sell."   Timestamps: 00:00 - Introduction to Creative Finance and Jessica Roberts 04:31 - Jessica Roberts' Background and Transition to Investing 06:41 - Challenges in Buying Businesses 09:04 - Details of the Wellness Center Acquisition 14:01 - Revenue and Cash Flow Analysis 19:12 - Impact of Owner Departure on Business Value 25:40 - Structuring Private Capital and Current Business Status 29:50 - Future Business Plans 30:43 - How to Connect with Jessica   ► 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

Welcome to a new episode of Get Creative! In this episode, we dive deep into the essentials of building the perfect wholesale real estate business. You'll learn how to strategically reverse-engineer your goals, focus on high-growth markets, and create the ideal blend of activities to achieve consistent deal flow. Whether you're a seasoned investor or just starting, this episode is packed with actionable insights to help you climb your real estate Mount Everest. Highlights:  "Thirty percent of your business should rely on competition." "Focus on building relationships in the market you want to grow in." "Inbound leads are your cherry on top, not the foundation." "Stay hyper-focused on one market—know the cross streets!" Timestamps: 00:00 Introduction to Wholesale Business Setup 01:45 The Importance of Choosing the Right Market 03:30 Building Your Base Camp for Long-Term Goals 05:00 Why Local Relationships Matter 06:40 Leveraging Competition to Your Advantage 08:32 Budget Breakdown: Inbound vs. Outbound Leads 10:00 The Truth About Pay-Per-Lead Systems 12:15 Outbound Strategies for Building Foundations 14:16 Inbound Leads vs. Reputation-Based Business 15:36 Practical Advice for New Investors ► 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 

Welcome to a new episode of Get Creative! In today's episode, host Karolyn Briley is joined by guests Mumbo Williams and Roger Oquist. Together, they explore innovative strategies in real estate investing, focusing on collaboration within the Sub Two community. The episode dives into a unique Novation deal that highlights the importance of communication, community support, and creative problem-solving in overcoming foreclosure challenges.   Highlights: "The community matters more than the education."    "Always make sure to get a copy of their payment each month."    "This business is about creating win-win solutions."    "You can't sell a home and pick up a home in that manner."    Timestamps: 00:00 Introduction to Get Creative Podcast 01:07 Meet the Guests: Mumbo and Roger 04:37 Mumbo's Journey into Real Estate 05:50 Understanding Novation Deals 08:13 Roger's Insights on the Deal 09:30 The Foreclosure Surprise 11:33 Importance of Active Participation 12:30 Creative Deal Structuring 15:22 Breakdown of Costs and Renovations 17:00 Selling the Property and Closing Details   ► 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