Get Creative with Pace Morby

Latest Episodes:

Persistence Pays Off: A SubTo Student's Journey to Success Sep 03, 2024

Show notes

Welcome to a new episode of Get Creative! Your host, Jordan Wittenburg, is joined by Tom Crawford, a SubTo student who recently completed a unique real estate deal in Michigan. In this episode, they dive deep into Tom's journey, exploring his transition from wholesaling to creative finance strategies, and the challenges he faced in executing a Novation deal. Listeners will gain valuable insights into sourcing deals, navigating complex legal and title issues, and leveraging partnerships to achieve success in the real estate industry.

Highlights:

"I had a few other businesses that I was working on that got shut down during covid, so I was kind of in like a transition where I was like, I don't know what to do."

"By the end of 2021 I had acquired nine rental properties using creative finance, all seller finance, actually."

"I just drove around, drove drove around the city all my local like Grand Rapids is where I'm from, so like all the neighboring cities, drove around and just saved properties one by one."

"It took some more following up. And within the next couple months, his health had taken, like a downturn, and I wasn't able to get a hold of him, and he ended up passing away."

Timestamps:

0:00 - Introduction to the Podcast

2:22 - Tom Crawford's Real Estate Journey

5:59 - Sourcing Deals through Driving for Dollars

8:46 - Navigating the Probate Process

11:49 - Explaining the Novation Strategy

14:15 - Overcoming Title Company Challenges

16:40 - Involving the Realtor, John Pickle

20:54 - Coordinating with Multiple Parties

24:35 - Finalizing the Deal Terms

27:50 - Tom's Future Plans and Partnerships

► 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/

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The Fothergill Brothers' Guide to Real Estate Investment in New England Sep 02, 2024

Show notes

Welcome to a new episode of Get Creative! In today’s episode, host Justin Tuminowski is joined by Jon and Ken Fothergill, two real estate professionals from New England. We'll be diving into how they secured, rehabbed, and flipped a property using creative finance strategies, all while navigating the complexities of a seller finance deal. This discussion will reveal insights into the world of real estate investment and highlight the power of community in achieving success.

Highlights:

"The best way to do it is to join a community of people helping people."

"It's about making a connection with somebody that can eventually help you down the road."

"You're never going to learn everything by just watching videos; you have to go out and do deals."

"The money is made on the purchase price, not by saving on the rehab or cutting corners."

Timestamps:

0:00 - Podcast Introduction

2:24 - Guests' Background and Community

5:15 - Finding the Fix and Flip Deal

9:34 - Dealing with a Hoarder House

12:44 - Uncovering Historical Artifacts

17:10 - Navigating Unexpected Discoveries

20:22 - Overcoming Contractor Challenges

24:05 - Lessons Learned from Old Homes

26:15 - Financial Breakdown of the Flip

30:24 - Reaching Out for Future 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/

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The Gator Strategy That Can Set You Up for a Lifetime Sep 01, 2024

Show notes

Welcome to a new episode of Get Creative! Today, we dive into the nuances of real estate transactions with a focus on how to strategically engage in deals that could potentially provide lifelong benefits. Learn from seasoned experts who discuss strategies like leveraging relationships, structuring multi-unit purchases, and setting up residual income streams. Whether you're a novice or a seasoned investor, this episode is packed with invaluable insights on navigating the complex world of real estate investments.

Highlights:

"Focus on building relationships, not just transactions."

"Every single deal could be the key to a pipeline of passive income."

"Real estate isn't just about flipping properties; it's about flipping your financial future."

"Leverage is not just financial; it's relational and strategic in real estate."

Timestamps:

0:00 - Mutual Business Relationship

0:37 - Zoom Session and Loan Referrals

1:22 - Compensation for Loan Referrals

2:05 - Multifamily Loan Opportunity

2:22 - Gator Business Strategies

3:44 - Challenges and Opportunities in Gator Business

4:43 - Different Gator Structures

6:01 - Gator Wrestling

7:53 - Creating a Pipeline as a Gator Business

► 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/

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Cash vs. Subject-To: Which Real Estate Strategy Wins? Aug 31, 2024

Show notes

Welcome to a new episode of Get Creative! In this episode, we dive into the nitty-gritty of real estate transactions, comparing the intricacies of subject-to deals versus cash transactions. Our guest expert breaks down a real-life deal on Flower Street, explaining every step from initial contact with the seller to finalizing the purchase. If you've ever wondered why some sellers would agree to let buyers take over their payments, or how agents play a critical role in these transactions, this is the episode for you!

Highlights:

"Cash transactions are so much more challenging than subject to."

"Every deal starts with a seller, someone who owns the property."

"The motivation of a seller is often an emotional thing."

"If you're an agent and not presenting all offers to your seller, you're not fulfilling your obligation."

Timestamps:

0:00 - Intro to Subject-to vs. Cash Transactions

0:32 - Importance of Seller Motivation

1:37 - Expired Listings and Reaching Out to Agents

3:48 - Seller's Emotional and Financial Pain

5:27 - The Subject-to Transaction Process

7:37 - Financing the Deal with Private Money

9:00 - Closing the Transaction and Ongoing Payments

10:15 - The Delta and Long-Term Wealth Building

11:00 - Exploring Different Exit Strategies

12:30 - Conclusion and Key Takeaways

► 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 Real Deal: Success Stories from the Real Estate Frontline Aug 30, 2024

Show notes

Welcome to a new episode of Get Creative, the podcast where we break down the world of creative finance and delve into the world of real estate investing. Today, hosts Miron and Karolyn Briley are joined by special guests Jais Eliz. In this episode, we explore the innovative finance strategies and success stories from our industry leaders. We’ll discuss the hurdles of real estate transactions, the role of a transaction coordinator, and get firsthand insights from Jais and Jeffrey's experiences in the field.

Highlights:

"Realizing my background in project management, I saw there were many people excited about lending but didn’t understand the backend process of it."

"Starting in real estate, the community aspect is crucial; it’s about helping each other and building that network of trust and support."

"The beauty of doing a podcast is that you meet so many more people through our community, which is super wide."

“You think you’re just helping a few friends, and then suddenly, you’re closing files for a multitude of clients in no time.”

Timestamps:
00:01 - Introduction

01:26 - Miron and Karolyn's First Dallas Deal

03:16 - Introducing Jace and Her Background

05:22 - Explaining the Role of a Transaction Coordinator

10:06 - Jais' First Deal and Probate Challenges

13:39 - Disposition Challenges and Final Assignment

16:12 - Lessons Learned and Community Support

20:00 - Closing Process with Six Heirs

24:07 - Importance of Community and Overcoming Hurdles

28:31 - Connecting with Karolyn, MIron, and Jais

► 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

Breaking Barriers with Ben Lureen: A Real Estate Success Story Aug 29, 2024

Show notes

Welcome to a new episode of Get Creative! Today, host Keola Keala is joined by special guest Ben Lureen, who will share his remarkable journey into the world of real estate investing. Ben dives into his unique approach to creative financing and how he turned challenges into lucrative opportunities. Whether you're a seasoned investor or just starting, Ben's insights into overcoming obstacles and mastering real estate deals are invaluable.

Highlights:

"I just picked up Rich Dad, Poor Dad... That's really how I got started into real estate."

"Door knocking is a huge part of his business. It's the best way to get a deal."

"You've got to catch them just being super diligent and following up harder than the competition."

"Getting creative, especially with the pitch... Go, try and figure something out."

Timestamps:

0:00 - Introduction to the Get Creative Podcast

1:00 - Ben Lureen's Background and Early Real Estate Ventures

3:32 - Accidentally Dropping Out of College and Discovering Real Estate

8:24 - Finding Pace's Community and Joining the SubTo Group

11:20 - Leveraging Pace's Community for Mentorship and Collaboration

15:00 - Detailed Account of the Featured Real Estate Deal

19:38 - Perseverance and Creativity in Closing the Deal

24:14 - Timeline and Financials of the Successful Acquisition

28:14 - Helping the Seller and Lessons Learned

31:04 - Advice for Joining and Maximizing Pace's Community

► 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

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One Rental at a Time: Wealth-Building with Michael Zuber Aug 28, 2024

Show notes

Welcome to a new episode of Get Creative! Today, Pace talks with Michael Zuber, a seasoned real estate investor from Northern California who champions the philosophy of growing wealth one rental at a time. Michael shares his insights on building a sustainable investment strategy, debunking the high-volume acquisition trend and emphasizing the importance of patience and steady growth in real estate. Whether you’re a W2 employee looking to get your feet wet in real estate or a full-time investor, this episode offers invaluable advice on managing and scaling your investments without falling into common traps set by market hype.

Highlights:

"Stop thinking 10 minutes, 10 days, 10 weeks, 10 months; it’s 10 years to truly change your life with real estate."

"Welcome to Real Estate Investing, where patience and gradual improvements lead to long-term wealth."

"The game isn’t about getting rich quick; it’s about building slowly and surely, one property at a time."

"Your job can be your best asset; treat it like a business degree for the real world."

Timestamps:
00:00 - Introduction and Overview of the Podcast

05:29 - Discussion on Real Estate Investing Strategies

11:07 - The Importance of Patience and Time in Real Estate

15:47 - Challenges of Full-Time Real Estate Investing

20:12 - The Role of Disposable Income in Real Estate Investing

23:34 - The Importance of Building Relationships in Real Estate

32:46 - The Role of Skill in Real Estate Investing

37:19 - The Importance of Patience and Long-Term Planning

41:08 - The Role of Mindset in Real Estate Investing

48:39 - The Importance of a Slow and Steady Approach

► 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

Scott Mednick on Maximizing Real Estate Opportunities Aug 27, 2024

Show notes

Welcome to a new episode of Get Creative! Today, we're joined by the accomplished real estate investor Scott Mednick. Our host, Jordan Whittenburg, will dive into Scott's extensive background in the real estate industry, exploring a particularly fascinating deal involving a house flip that came with a unique twist—a Corvette! Learn how Scott navigates the highs and lows of real estate investments and uses creative financing to make the most out of every opportunity.

Highlights:

"You know, joining this has been the best thing I've ever done. The people and the contacts... just fantastic."

"Some people may think I paid $10,000 for the car. I feel I got it for free because I would have paid that much for the house anyway."

"You don't want to put cheap stuff in a nicer neighborhood, and you don't want to put too expensive stuff in a neighborhood that's not that great."

"It's like going to medical school, right? You got the experience, you have your formula."

Timestamps:

00:00 - Introduction to Creative Real Estate Financing

00:53 - Scott Mednick's Incredible House Flip Deal

03:36 - Unique Aspects of Scott's Real Estate Career

05:20 - The Background that Fuels Scott's Success

10:05 - Negotiating a Corvette into a Real Estate Deal

13:13 - The Beginnings of the Rehab Process

15:57 - Calculating Profits and Extra Perks

17:08 - Scott's Approach to Real Estate Valuations

22:07 - Benefits of Joining Real Estate Investment Groups

27:23 - Scott's Future Plans and How to Connect

► 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

How Seller Financing Can Change Your Real Estate Game Aug 26, 2024

Show notes

Welcome to a new episode of Get Creative! Join us as we delve into the intricacies of creative finance in real estate. In this episode, our hosts Karolyn and Miron Briley chat with guest Devin Carder about the nuances of seller-financed deals. Devin shares his journey within the Pace community, shedding light on how community involvement and creative strategies propelled his real estate success.

Highlights:

"It's all about joining a community of go-givers."

"The numbers work, and that's what really matters at the end of the day."

"I've been with the community since 2020, and it's been a game-changer."

"0% interest deals are definitely a thing and absolutely workable."

Timestamps:

00:00 - Introduction to Creative Finance and Real Estate Investing

01:57 - The Dynamics of Working with Family and Community

03:17 - Initial Discussion on Seller Finance

06:49 - Devin Explains the Dynamics of a Daisy Chain Deal

09:24 - The Reality of 0% Interest Deals in Seller Financing

12:42 - Devin's Strategy for Managing Multiple Lots on a Single Deal

17:01 - Discussion on Rental Income and Financing Details

22:14 - The Importance of Position in Financing Arrangements

27:16 - Addressing Unexpected Repair Costs and Contractor Challenges

31:20 - Wrapping Up and Contact Information for Future Engagements

► 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

A Step-by-Step Guide to Getting Your First Deal Aug 25, 2024

Show notes

Welcome to a new episode of Get Creative! In this episode, we embark on a 90-day journey with Nathan Barnes, a member of the Gator community. We'll explore how Nathan, a carpenter from Oregon now turned real estate enthusiast, integrates into the world of creative finance. From setting up his own LLC to mastering the Gator method under the mentorship of his guide, this series promises to offer a step-by-step blueprint for anyone looking to break into real estate without prior ownership.

Highlights:

"You know what people's biggest problem is? They need a step-by-step solution to anything they're trying to do."

"We are literally going to take a brand new Gator, somebody who just joined the tribe, and we're going to document everything he does."

"The challenge with Gator is you won't see the physical result. You will only be able to hear it when you hear how articulate you are."

"This is why I'm saying we do one hour a day of action and maybe even two hours of documenting."

Timestamps:

00:00 - Nathan's Introduction and Background

02:43 - Challenges of Taking Action

04:09 - Setting Up the LLC and Initial Steps

10:17 - Daily Tasks and Documentation

18:09 - Creating a Step-by-Step Process

18:21 - Building Relationships and Networking

18:34 - Documenting and Sharing Progress

► 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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