Get Creative with Pace Morby

Latest Episodes:

Making Millions by Bringing People Together with Kyle Huber Apr 05, 2024

Show notes

Welcome to a new episode of the Get Creative podcast. In today’s episode, we're diving into the world of real estate with a twist! Our special guest, Kyle Huber, shares his remarkable journey of becoming a successful 'Connector' within the real estate community. From initially drawn to the lending side of real estate to making significant earnings by simply connecting people, Kyle's story is a testament to the power of networking and community. We explore with Kyle the ins and outs of making money by bridging the gap between those who have and those who need it, the importance of networking with intent, and the endless possibilities that creative real estate offers.

Highlights:

"Your network is your net worth. So, if you want to be a really good connector, continuing to connect is imperative because there are so many deals out there."

"Good fences make good neighbors... Good paperwork and good due diligence make a good borrower."

"It's really impossible to know without being here... Just the depth at which creative real estate as a whole is just mind-boggling."

Timestamps:

00:00 - Introduction to Connecting in Real Estate

01:30 - Kyle's Journey into Real Estate and Networking

03:40 - The Catalyst Deal: Learning Through Connecting

06:08 - Turning Challenges into Opportunities: The Freeze Story

08:12 - The Due Diligence Process: Beyond Just Trust

09:42 - The Connector Role: Bridging Deals and Education

11:57 - The Financial Win: Learning and Earning Together

13:04 - The Depth of Creative Real Estate and Community Impact

14:15 - Kyle's Future Goals: Building a Connector Business

15:23 - How to Reach Kyle and Collaborate on Future Deals

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Journey into Private Money Lending with Shiladitya Das Apr 04, 2024

Show notes

Welcome to a new episode of the Get Creative Podcast! We are joined today by Shiladitya Das as he shares his journey into private money lending. From initial fears to lucrative returns, Das dives into his experience and offers valuable insights and inspiration for those looking to venture into real estate.

Highlights:

"In our world, in Project program management, everything seems like it's a team; you cannot win by your own. It's a whole team win."

"My primary focus is to get more private money lenders for bigger deals. And also, from time to time, work on bringing deals where I can buy them myself."

"I was in the software industry for over 20 years and had zero experience in real estate transactions. But now, I definitely see this as my primary. I love this."

Timestamps:

00:36 - What is Private Money Lending?
03:00 - Overcoming Fear in Investing
04:29 - Securing Investments
05:31 - Potential for Full-Time Income
07:20 - Goal Setting for 2024
08:27 - Diversifying Investments
09:22 - Transitioning to Real Estate
10:45 - Community Support and Growth
11:42 - Seeking Private Money Lenders

Join my SubTo Mentorship: http://joinpacescommunity.com/

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

The Dynamic Duo Shaping Real Estate: Michael Mnatsakanian & Adam Catledge Apr 03, 2024

Show notes

Welcome to a new episode of the Get Creative podcast. In this episode, we’re joined by Michael Mnatsakanian & Adam Catledge. Known as coast-to-coast vets, these two real estate experts share their journey from individual pursuits to forming a powerhouse partnership. This episode is full of insights, from their initial meeting and mutual respect to their ambitious goals for 2024 and beyond. Discover how leveraging each other's strengths, embracing visionary roles, and building a supportive team have catapulted them to nearly $10 million in property valuation.

Highlights:

"If Adam from June 24 walked by me today, I would not recognize who that person was. And that's the power of the SubTo community."

"You want your problems to be bigger and new. You want to be dealing with the same problems over and over again—that's not progress."

"When me and Michael got married, it was until death do us part. We both committed to saying, 'Hey, this is where we want to be in five years.'"

Timestamps:

00:00 - Meet Michael and Adam

01:05 - Adam's Transformation

03:43 - Michael's Pivot Point

06:14 - Partnership Foundations

11:19 - Partnering Wisely

17:30 - 2024 Strategy

20:22 - Breaking Through Challenges

24:08 - Mastering Delegation

28:08 - Calling for Collaborators

34:44 - Looking Ahead

Join my SubTo Mentorship: http://joinpacescommunity.com/

Join Our Free Facebook Community to Connect with Michael and Adam: https://paceapproves.com/fbg-pod

From Supermarket to Top NYC Realtor: The Real Estate Journey of Paul Carassone Apr 02, 2024

Show notes

Welcome back to a new episode of the Get Creative podcast. Today’s episode dives into the life of Paul Carassone, a man who's not just a name but a narrative of persistence, learning, and triumph in New York's challenging real estate market. Flying in from Hudson Valley, Paul shares his journey from bagging groceries to becoming a real estate mogul, owning hundreds of units in one of the most daunting markets. His tale is not just inspiring but filled with actionable insights, peppered with humor, and a testament to the power of hard work and vision. Join us for an inspiring story that is bound to leave you motivated and perhaps a bit wiser on your path to success.

Highlights:

"You wanted to go to work, make some money. In those days, you didn't want to sit home on your rear and just do nothing."

"It's not about where you start; it's about where you're going. Start bagging groceries at age nine, get the work ethic because it becomes part of who you are."

"What's the secret to success? Start by doing the work, learning every step of the way, and never, ever underestimate the value of persistence."

Timestamps:

01:35 - The Arrival from Hudson Valley

04:20 - Learning the Value of Work.

07:50 - Transition to Real Estate

11:30 - First Real Estate Ventures

15:45 - The Supermarket Wisdom

19:00 - Scaling Up.

22:55 - Overcoming Challenges

27:10 - The Power of Mentorship

31:25 - Vision for the Future

35:40 - Advice for Aspiring Entrepreneurs

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Creative Collaboration in Real Estate with Julie Nicholson and Matt Schaeffer Apr 01, 2024

Show notes

Welcome to a new episode of the Get Creative podcast. In this episode, we dive into the world of creative financing in real estate with Julie Nicholson and Matt Schaeffer. This duo shares their journey of collaborating on a wrap deal that showcases innovation, teamwork, and strategic thinking. Julie, a brilliant investor, navigated through a unique purchasing scenario, while Matt, wearing multiple hats as a real estate agent and creative finance enthusiast, facilitated the deal with remarkable flexibility. Their story is set in Temecula, proving that creative financing can thrive even in California's competitive market. Join us as we discover the layers of this deal, from the initial connection through a SubTo acquisition to a successful rental strategy, all while overcoming challenges with creative solutions.

Highlights:

"You're telling me we can do creative finance deals in California? I thought that was illegal. Unheard of."

"How is this even possible? I cannot believe that we're beating the whole entire everybody else is going getting 7% We're getting four and a half percent low money down."

"Look how they teamed up. They helped each other out and they were creative on more than one account."

Timestamps:

00:00 - Introduction to Creative Financing with Julie & Matt

00:16 - The Origin of the Temecula Wrap Deal

02:00 - Understanding the Seller's Motivation

03:07 - Julie Steps In as the Buyer

04:10 - Representing the Buyer and Structuring the Deal

05:12 - Julie's Rental Strategy and Payments

06:58 - Non-Cash Flowing Deal Justification

08:30 - Matt's Innovative Commission Arrangement

11:22 - Julie's Goals for 2024

11:54 - Matt's Business Outlook and Contact Info

Join my SubTo Mentorship: http://joinpacescommunity.com/

Join Our Free Facebook Community to Connect with Julie and Matt: https://paceapproves.com/fbg-pod

The Secret to Building a $150 Million Empire Mar 31, 2024

Show notes

Welcome to a new episode of the Get Creative Podcast. In this episode, I joined Steve Trang on Real Estate Disruptors. We talk about my experience in overcoming financial adversity and deal-making. I share insider secrets on using creative financing strategies to build wealth in real estate. With stories of starting from scratch to acquiring multifamily units without traditional bank loans, this episode is packed with insights for anyone looking to break the mold in real estate investing. We try to demystify complex topics like "SubTo" deals and seller financing, making them accessible to both new and seasoned investors.

Highlights:

"Creative finance will dominate. If you're just learning wholesale right now, good luck. You're going to get left behind."

"The value of anything is not the purchase price. It's what you can do with it."

"Holding properties is my main objective. True wealth is not built by just getting cash flow. It's by having your tenants crowdsource your retirement."

Timestamps:

00:00 - Journey from Bankruptcy to Billion-Dollar Deals

05:00 - The Power of Seller Finance in a Tight Market

10:00 - Mastering Subject To Deals

15:00 - Multifamily Success with Creative Financing

20:00 - The Importance of Building a Strong Network

25:00 - Navigating the Shifts in Real Estate Market

30:00 - Zero Down Success Stories

35:00 - Pace's Formula for Evaluating Deals

40:00 - The Future of Creative Financing in Real Estate

45:00 - Personal Growth Through Real Estate Investing

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Flipping, Wholesaling, and Beyond Mar 30, 2024

Show notes

Welcome to the Get Creative podcast. In this episode, we dive into the world of real estate with Jordan Belfort on the Wolf’s Den. We talk about turning properties into profits through flipping, wholesaling, and creative financing. Whether you're curious about breaking into real estate, scaling your portfolio, or exploring Airbnb opportunities, we have practical insights and step-by-step guidance to demystify the process. Discover how to start with little to no money down, why real estate is an accessible path to wealth for anyone motivated, and how to navigate the challenges and triumphs of property investment.

Highlights:

"The greatest thing about real estate is not just the wealth it builds but the freedom it provides. You can literally start with nothing and carve out a fortune by solving problems for others."

"Equity comes and goes, but cash flow is forever. The real magic in real estate isn't just in acquiring properties; it's in generating lasting wealth through smart, consistent cash flow strategies."

"The secret to success in real estate, or any endeavor, really, is finding the right community. No one achieves greatness alone. It's the support, the collaboration, and sometimes even the competition, that drives us to new heights."

Timestamps:

02:09 - Diving Deep into Real Estate Opportunities

02:49 - Pace Morby's Multi-Faceted Real Estate Approach

10:00 - The Simplicity of Starting in Real Estate

15:00 - Understanding Creative Financing Options

20:00 - The Power of Leveraging Other People's Money

25:00 - Success with Subject-To Investing

30:00 - Overcoming the Fear of Starting

35:00 - Pace's Personal Turning Point

40:00 - Building a Real Estate Community

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Navigating No-Cash Deals, SubTo and Seller Finance Mar 29, 2024

Show notes

Welcome to a new episode of the Get Creative podcast. In this episode, we dive deep into the world of creative real estate financing with the On the Market podcast. I share my experience in "SubTo", seller financing strategies and knowledge on acquiring properties with minimal to no upfront cash. Whether you're battling high interest rates or looking for innovative ways to expand your real estate portfolio, these insights offer a new perspective on tackling today's market challenges.

Highlights:

"It's like taking candy from a baby because we know how to scale and operate businesses."

"I'm happy about [the market cooling]. It resettles the sellers... and gives us an opportunity to jump in and buy these types of deals."

"The only thing I will ever invest my money in is real estate, and I'm not wasting my time and energy anywhere else."

Timestamps:

00:00 - Welcome to the Episode

01:46 - Introducing Pace Morby

20:00 - Seller Finance Explained

21:38 - Creative Financing Success Stories

27:30 - Why Sellers Choose Seller Finance

34:39 - Multifamily Sellers' Openness to Terms

40:00 - Seller Finance vs. Cash Deals

44:18 - Expanding Deal Flow-Through Creativity

54:42 - Subject To Deals Spotlight

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Revealing Real Estate Investor's Blueprint Mar 28, 2024

Show notes

Welcome to a new episode of the Get Creative Podcast. In this episode, we give you the blueprint into the world of creative real estate investing with Clint Coons, Esq. Podcast. We share some groundbreaking strategies and reveal some industry secrets in the ever-evolving real estate market. From the power of creative financing to the art of negotiation, this episode is packed with a lot of insights for both new and seasoned investors. Join us as we show you how to navigate seller's markets, tackle foreclosures, and unlock new levels of investment opportunities.

Highlights:

"It's not that I'm even paying more, it's just that my terms are so favorable to me that really the purchase price is insignificant." - Pace on the art of deal structuring.

"Every path actually works as long as you actually apply the teachings and you take action."

"I want to yell so loud and be so loud with my social media that I'm almost going to yell so loud that a five-year version of me five years ago can hear me."

Timestamps:

00:00 - Pace Morby's Return & Insights

01:30 - The Edge of Terms in Buying

06:17 - Creative Financing Explained

12:03 - Introducing the Morbi Method

18:12 - LLC Strategies for Deals

26:27 - Negotiating and Deal Tips

30:00 - Finding Direct Seller Deals

33:34 - Foreclosure Opportunities

37:26 - The 30-Day Investor Challenge

44:53 - Expanding Real Estate Education

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A Deep Dive Into Creative Financing in Real Estate Mar 27, 2024

Show notes

Welcome to a new episode of Get Creative. In this episode, we dive deep into the world of creative financing with Real Estate Rookie’s Ashley Kehr and Tony J Robinson. If you've ever been curious about seller finance, subject-to-deals, or simply finding innovative ways to invest in real estate without breaking the bank, this episode is your golden ticket! We break down complex strategies into digestible nuggets, making creative financing accessible to all.

Highlights:

"I've never made $1 in real estate by myself. Real estate is a team sport, and networking isn't just a good idea; it's an absolute requirement."

"Creative financing is not about paying less; it's about thinking more creatively about how you structure the deal. You can often pay more on paper and still come out ahead."

"The value of anything is not based on the purchase price. It's based on what you can do with it. It's about the utility and the income it can generate for you."

Timestamps:

00:00 - Introduction to Creative Financing with Pace Morby

01:21 - The F150 Story: A Lesson in Seller Finance

05:34 - Understanding Seller Finance vs. Subject-To Deals

08:14 - Selling a Truck on Payments: The Lightbulb Moment

11:29 - The Journey from Contractor to Creative Financing Expert

16:36 - How to Negotiate Creative Financing Deals

21:47 - Structuring Deals and Legal Considerations

25:56 - Overcoming the Due on Sale Clause

28:17 - Finding Motivated Sellers for Creative Deals

36:52 - Live Deal-Making and Future Workshops

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