Get Creative with Pace Morby

Cracking the Code on Real Estate Wealth

04.21.2024 - By Pace MorbyPlay

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Welcome to a new episode of Get Creative. In this episode, I joined Mark J Kohler and Mat Sorensen on their podcast, Main Street Business. We get into an in-depth conversation about creative real estate financing. From humble beginnings as a contractor to creating a vast real estate empire, you can do that too! I share the lessons and strategies that boosted my career. We dive into the challenges, breakthroughs, and powerful mindset shifts necessary to leverage creative financing, including seller finance and SubTo deals. 

 

Highlights:

 

"The legacy I want is hanging out with my friends every single day. That's it. It's very simple."

 

"The greatest thing on planet Earth is that students bring deals to me. They get financially compensated so incredibly well." 

 

"It's all about understanding what the seller is doing and having empathy for people." 

 

Timestamps:

00:43 - From Contractor to Real Estate Expert

03:09 - Overcoming Early Career Hurdles

06:02 - The Importance of Community in Real Estate

10:13 - Building a Real Estate Community Out of Spite

14:17 - The Significance of 'Finding the Bunnies' in Deals

23:08 - Leveraging Social Media for Deal Flow

31:08 - Negotiating Seller Finance Deals Directly

34:54 - Crafting Win-Win Seller Finance Terms

42:13 - How Community Impacts Deal Flow and Success

55:02 - Setting Long-term Goals and Building Relationships

 

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