Get Creative with Pace Morby

Latest Episodes:

Change Your Career with SubTo Real Estate Strategies May 25, 2024

Show notes

Welcome to Get Creative. In today’s episode, I joined Jamel Gibbs on The Deal Pro Podcast. We discussed the world of "subject to" real estate investing and shared my journey with you. From my blue-collar family background to becoming a successful real estate investor, I'll discuss the pivotal moments that led me to use creative financing strategies. We'll provide valuable insights into how you can succeed in real estate without spending a fortune. Discover how I turned setbacks into comebacks, built a thriving community, and developed multiple streams of income.

Highlights:

"The secret sauce is turning this into a fun game every single day that you get to hang out with your buddies because now your buddies are also real estate investors."

"I never have to work for anybody ever again. Even though I was making really good money in these other businesses, it became the funnest thing. And then I just started talking about it like crazy."

“Find something so basic that you can provide value and get around the right people even if you don’t have the money to go join masterminds."

Timestamps:

00:00 - Introduction

01:18 - Pace's Background

07:06 - The Turning Point

14:21 - Building a Community

20:00 - SubTo and Seller Finance Basics

27:37 - Getting Started with No Money

34:43 - Tax Benefits of Real Estate Investing

40:58 - Collaboration Over Competition

47:35 - Pace's Artistic Inspiration

55:00 - The Power of Masterminds

► 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

Creative Real Estate Journey: Jeff Smith’s $38K Real Estate Win May 24, 2024

Show notes

Welcome to a new episode of Get Creative! In this episode, we’re joined by Jeff Smith as they talk about their success in creative real estate investing. Join us to listen to how they turned a challenging deal into a $38K payday. They share their strategies for navigating competitive markets, building trust with sellers, and easily closing deals.

Highlights:

"You are there to listen for the symptoms so you can diagnose the disease and then prescribe the right medicine."

"If I could show you a way to write you a check and get this done with full certainty, are you open to something a little different?"

"The power of the sub two community is that my stories are your stories, and our collective experience can be leveraged for your success."

Timestamps:

01:15 - Finding the Deal

03:29 - Diagnosing Seller Needs

05:00 - Engaging All Decision Makers

07:16 - Presenting Creative Offers

10:00 - Handling Seller Objections

13:09 - Closing the Deal

17:10 - Benefits of Creative Financing

21:04 - Partnering with Community Members

24:29 - Lessons Learned and Advice

► 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

Transforming Spaces and Lives with Zander and Michael Katrakis May 23, 2024

Show notes

Welcome to the Get Creative podcast! In this episode, we dive deep into Zander and Michael Katrakis' real estate journey. These young real estate investors from Scottsdale, Arizona. They share their story of transforming a simple property into a profitable pad split by leveraging their skills and community support. Learn about their innovative approach, the challenges they faced, and their plans for the future.

Highlights:

"You never really know what happens when you meet enough people, eventually things click into place."

"There's always going to be hurdles that you run into, but the key is to keep moving forward and learning."

"Applied knowledge is power because you can learn stuff and not do anything with it, and it's not gonna take you anywhere."

Timestamps:

00:00 - Meet Zander and Michael Katrakis

01:39 - Joining the Subto Community

02:06 - Breaking Down the Pad Split Deal

03:26 - Financial Breakdown

04:51 - Finding the Deal

06:13 - Early Influences and Learning from Their Dad

07:46 - Overcoming Renovation Challenges

09:43 - Planning for Future Investments

12:01 - Pad Split Process and Community Involvement

16:13 - Key Takeaways and 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

The Pace Morby Guide to Wealth Without Cash On Real Estate Rookie May 22, 2024

Show notes

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

Turning Challenges into Wins: Britt Christian’s Real Estate Success May 21, 2024

Show notes

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

From Low Equity to High Returns: Justin Burch and Michael Baker’s Real Estate Success May 20, 2024

Show notes

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

Breaking Boundaries in Real Estate May 19, 2024

Show notes

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

My Secret to Real Estate Success and Creative Financing May 18, 2024

Show notes

Welcome to a new episode of Get Creative. In this episode, I joined Nick Lamagna on The A Game Podcast. In this episode, I reveal the secrets behind my creative financing strategies and the journey from contractor to industry leader. I also talk about many ways to overcome financial setbacks, manage contractors, and the power of creative finance in today’s market.

Highlights:

"The goal of business is to make money now and in the future. If you're chasing old money, you're not doing either."

"Every time I step away from my business, it grows because my team takes ownership and thrives."

"Creative financing is the fastest, easiest way to build long-term wealth and make money today in terms of cash flow."

Timestamps:

03:48 - Loving the Real Estate Game

06:23 - The Power of Rocket Fuel

08:56 - Transition from Construction to Investing

10:36 - Buying a Franchise and Learning Creative Finance

11:52 - Handling Financial Setbacks

15:00 - Managing Contractors Effectively

29:55 - Understanding Creative Financing

44:00 - Protecting Against Market Shifts

Join Our Free Facebook Group: https://paceapproves.com/fbg-pod

Overcoming the New Mexico with Rocio Pineda & Daniella Devine May 17, 2024

Show notes

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

Leap First, Ask Forgiveness Later? A Real Estate Journey with Adrian Miller and Urania Smith May 16, 2024

Show notes

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