Get Creative with Pace Morby

Pace Morby
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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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Aug 17, 2024 • 53min

From Door Knocks to Jackpots: Jordan’s $100K Deal

In this riveting talk, Jordan Whittenburg shares his incredible journey of turning a foreclosure into a stunning $100,000 deal. He emphasizes the power of persistence, recalling the pivotal moment when he decided to knock one more door. Jordan also highlights the emotional impact of his actions, illustrating how he not only achieved financial success but also helped an elderly man avoid homelessness. His inspiring story is a blend of strategic decision-making and the joy of making a difference in someone’s life.
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Aug 16, 2024 • 26min

Wholesaling Wins: Lessons from the Trenches

Welcome to a new episode of Get Creative! Today’s host, Ingryd Hernandez, a mastermind student of SubTo is joined by two incredible guests, Ryan TJ Turner and Niccolo Fazio. Today, we dive deep into the world of real estate, focusing on the highs and lows of wholesaling and creative finance. Ryan shares the journey of his very first wholesale deal, which Niccolo helped make a reality. Together, they discuss the importance of collaboration, overcoming obstacles, and building strong networks within the real estate community.    Highlights: "Collaboration over competition is what makes our community thrive."   "When you're in the trenches, having the right partner makes all the difference."   "Real estate is about solving problems, not just making deals."   "Focus on the experience, not just the payout, to build lasting success."   Timestamps: 00:00 - Introduction: Welcome to the Get Creative podcast 01:27 - Ryan's First Wholesale Deal: How it all began 02:58 - Meeting Nico: The importance of networking and connections 03:46 - The Subto Community: Collaboration over competition 06:14 - Behind the Scenes: Overcoming challenges in wholesaling 08:25 - A Cash Deal Journey: Numbers and negotiations 11:13 - Trust and JV Agreements: Building rapport in partnerships 14:32 - Dispo Strategy: Navigating tight margins and maximizing deals 20:03 - Final Thoughts: Advice for newcomers to wholesaling 23:45 - Contact Information: How to connect with Ryan and Nico   ► 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 15, 2024 • 32min

Building Rapport and Sealing the Deal: Insights from Evan Bates

Evan Bates, a newcomer to the SubTo community, shares his journey from tech recruiter to real estate investor. He discusses his remarkable first deal in Idaho and the creative strategies that helped him overcome challenges like DSCR loans and seller financing. Evan emphasizes the importance of building rapport quickly, drawing parallels between recruiting and real estate. He also highlights the incredible support from the SubTo community and the significance of nurturing relationships over mere transactions in achieving success.
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Aug 14, 2024 • 52min

New Opportunities in Real Estate Due to Lowered Interest Rates

Pace Morby, a savvy expert in real estate and creative financing, dives into the implications of recent interest rate cuts. He highlights innovative strategies for investors, emphasizing the power of community connections to secure deals. Morby shares insights on obtaining favorable mortgage terms directly from sellers and adapting to market changes. He dispels myths about an imminent real estate crash, stressing the importance of understanding market dynamics for wealth creation. Listeners gain valuable strategies to navigate the evolving landscape of real estate investing.
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Aug 13, 2024 • 33min

Building Wealth through Co-Living Ventures with Javier Paredes

Javier Paredes, a seasoned real estate investor who shifted from traditional realtor to creative finance pro, shares his insights on wealth-building. He dives into a successful pre-foreclosure deal in Florida and the benefits of co-living spaces, discussing how platforms like Pad Split can maximize rental income. Javier highlights the importance of constant learning and effective networking in real estate. His strategies showcase how to manage risk while providing affordable housing solutions, proving that with the right approach, money truly can grow on trees.

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