Get Creative with Pace Morby

Pace Morby
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May 22, 2024 • 52min

The Pace Morby Guide to Wealth Without Cash On Real Estate Rookie

Welcome to a new episode of Get Creative. In this episode, I joined Ashley Kehr and Tony J Robinson over at Real Estate Rookie to dive deep into the world of creative real estate financing. We discuss some invaluable insights from my book, "Wealth Without Cash." Join us and learn how to invest in real estate without using your own money or credit, understand the intricacies of SubTo deals, and discover why creative financing can multiply your success in real estate. If you're looking to expand your investment strategies and close more deals, this episode is a must-listen.   Highlights: "I'm not really buying your house; I'm buying the interest rate attached to your house." "In creative finance, it's not about negotiating the sales price; it's about negotiating the terms." "The only person that makes money when I go get a new bank loan to pay off your existing bank loan are two banks. You don't make any more money, and I don't make any more money."   Timestamps: 00:00 - Introduction to Creative Financing 01:07 - Golf Analogy for Real Estate Investing 03:01 - Benefits of SubTo Deals 04:48 - Options for Creative Financing 08:16 - Finding Expired Listings 12:43 - Easier than Cash Transactions 17:00 - Understanding Seller Financing 20:40 - Overcoming Seller Objections 24:36 - The Benefits of Tax Depreciation 30:00 - Creating Win-Win Deals   ► 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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May 21, 2024 • 24min

Turning Challenges into Wins: Britt Christian’s Real Estate Success

Welcome to the Get Creative podcast! In this episode, Britt Christian delves into his successful real estate deals, all made possible through the SubTo and Gator communities. Britt shares how he navigated challenges, leveraged community support, and made substantial returns on his investments. This episode is packed with insights into earnest money deposits (EMD), creative financing, and the power of a supportive community.   Highlights:   "Applied knowledge is power because you can learn stuff and not do anything with it, and it's not gonna take you anywhere."   "Positive conversations can release oxytocin, making us feel better and more energized."   "Everyone can bring value regardless of where your background is from or where you live."   Timestamps: 00:01 - Introduction to Get Creative Podcast 00:35 - 18-Minute Challenge and Community Impact 01:41 - Understanding EMD (Earnest Money Deposit) 02:42 - Leveraging Community for Opportunities 03:49 - Learning from Mistakes 06:13 - Swift Returns on Investment 08:08 - Ensuring Safe Transactions 09:57 - Joining Gator by Mistake 13:18 - Benefits of a Transaction Coordinator (TC) 17:28 - Sage Advice for New Investors   Join my Gator mentorship: joingatortribe.com   Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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May 20, 2024 • 21min

From Low Equity to High Returns: Justin Burch and Michael Baker’s Real Estate Success

Welcome to a new episode of Get Creative. In this episode. Molly chats with Justin Burch and Michael Baker about their journey in the world of real estate. They discuss navigating tricky deals, leveraging community expertise, and the benefits of creative financing. From dealing with non-communicative sellers to exploring opportunities in assisted living.    Highlights:   "Applied knowledge is power because you can learn stuff and not do anything with it, and it's not gonna take you anywhere."   "Positive conversations can release oxytocin, making us feel better and more energized."   "You can't dive deep enough into each of those topics to really get great at any of those things."   Timestamps: 00:46 - The Louisiana Deal 02:41 - Hiring Mike as TC 03:43 - Title Report Issues 07:22 - Negative Escrow Surprise 08:17 - Interest in Assisted Living 09:30 - Exploring Zoning Regulations 11:56 - Creative Closing Strategy 13:55 - Learning and Networking 17:28 - Advice for New Investors   Join my SubTo Mentorship: https://subto.sjv.io/Kj56xe Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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May 19, 2024 • 1h 3min

Breaking Boundaries in Real Estate

Welcome to a new episode of Get Creative. In this episode, I joined RJ Bates over at The Titanium Vault! We discuss our journeys in creative real estate. We also talk about bouncing back from financial setbacks, leveraging creative financing, and documenting his path to success. This episode is brimming with valuable insights, practical advice, and inspiring stories that will leave you motivated to take on the real estate world creatively.    Highlights: "Most people don't get anywhere in life because they just don't feel like pushing any harder."   "We all have more in the tank than we think we do."   "Positive conversations can release oxytocin, making us feel better and more energized."   Timestamps: 01:11 - Creative Financing Expertise 02:20 - Creative Financing Strategies 04:05 - The Power of Marketing and Ads 07:05 - The Importance of Documentation 09:23 - Navigating Financial Setbacks 11:19 - Becoming the SubTo Guy 23:02 - Building a Brand Through Chaos 35:11 - Over-serving as a Way of Life 45:42 - Setting the Pace and Creating New Ideas   Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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May 18, 2024 • 1h 5min

My Secret to Real Estate Success and Creative Financing

Discover the secrets of creative financing in real estate, overcoming financial setbacks, and managing contractors effectively. Learn about the power of creative finance in building long-term wealth, handling market shifts, and making money today through cash flow. Hear about transitioning from construction to investing, understanding the real estate game, and protecting against financial setbacks.
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May 17, 2024 • 28min

Overcoming the New Mexico with Rocio Pineda & Daniella Devine

Welcome to a new episode of Get Creative! Today, Molly sits with Rocio Pineda and Daniella Devine to discuss their challenging yet successful real estate deal in Alamogordo, New Mexico. They share their firsthand experiences of navigating complex transactions, overcoming multiple obstacles, and the importance of community and persistence. From dealing with unique state regulations to leveraging the power of mentorship, this episode is filled with insights and lessons for both new and experienced investors.   Highlights: "We’re not just doing deals; we’re solving real problems, turning challenges into opportunities."   "Every transaction is different, and there's always something new to learn."   "Helping people and building trust is the true reward; the financial gain is just a cherry on top."   Timestamps: 00:00 - Meet Rocio & Daniella 00:50 - The New Mexico Challenge 01:45 - The Deal Begins 03:17 - JV Partnership 05:18 - Overcoming FHA Hurdles 07:22 - Finding a Solution 09:55 - The Role of Attorneys 12:03 - The Rewarding Outcome 15:11 - Joining the Communities 17:46 - Continuous Learning   Join my Top Tier TC mentorship: https://toptiertc.pxf.io/y2NKZG   Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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May 16, 2024 • 29min

Leap First, Ask Forgiveness Later?  A Real Estate Journey with Adrian Miller and Urania Smith

Welcome to a new episode of Get Creative. Ready to take action in real estate but worried about making mistakes? Adrian Miller and Urania Smith share their inspiring (and sometimes hilarious) experiences on the path to creative real estate success. You'll hear Adrian's story of taking a bold move without informing Urania, and Urania's journey through analysis paralysis. Together, they unpack the importance of action, learning from mistakes, and overcoming the fear of asking forgiveness. Adrian and Urania discuss targeting specific areas, wholesaling deals, structuring deals without a dime, and leveraging the power of networking. They'll also emphasize the importance of community and collaboration, all while keeping the ultimate goal in mind: helping families find their dream homes.   Highlights:: "I believe in it. I have been studying real estate for 20 years, and it was analysis paralysis that kept me back until now."    "Let's just take some action and then we'll pay for whatever you want to join later."    "We're not just doing deals; we're solving real problems, turning challenges into opportunities."    Timestamps: 00:00 - Meet Adrian & Urania 00:47 - Joining the Community 01:29 - Diving into Real Estate 03:32 - First Chicago Deal 06:23 - Investment Strategies 08:13 - Refinancing Plans 09:15 - Creative Deal Structuring 14:01 - Year One Achievements 17:46 - Community Impact 26:32 - Teaching and Influence   Join my Gator mentorship: joingatortribe.com   Join Our Free Facebook Group: https://paceapproves.com/fbg-pod
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May 15, 2024 • 55min

The Art of the Turnaround: Mastering Business Transformations

Join Cody Barton, an expert in turning around struggling businesses, as he shares insights on creative financing in real estate, successful property transformations, business challenges, effective delegation, and scaling new heights in business. Discover the secrets to financial success and leadership in business transformations.
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May 14, 2024 • 27min

Keleisha Carter’s Path to Creative Financing

Real estate expert Keleisha Carter shares insights on mastering creative financing strategies in the world of real estate. From overcoming challenges to leveraging community support, Keleisha's journey showcases the power of perseverance and unique approaches. Tune in to learn about underwriting insights, sustaining commitments, and creative solutions for successful real estate ventures.
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May 13, 2024 • 26min

From Fireman to Fixer: Jacob's Journey in Albuquerque

Jacob Tapia, a former fireman turned real estate investor in Albuquerque, shares his journey and lessons learned from a challenging real estate deal. He emphasizes the importance of mentorship, community support, and ethical investing practices. Jacob's story highlights the power of perseverance, humility, and learning from mistakes in the real estate industry.

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