Discover the insider secrets of real estate investing and unlock your path to financial freedom with the Get Creative Podcast with Pace Morby. Join Pace and ind...
Welcome to a new episode of Get Creative! Today, we have Gregory Crane, a member of the Gator Tribe and the Subto community. In this episode, Gregory shares his journey into real estate investing, highlighting a successful private money partnership deal he executed in Knoxville, Tennessee. He discusses the importance of networking, creative financing strategies, and how collaboration within the community has helped him thrive.
Highlights:
"Networking is key; meet as many people as you can."
"A wrap exit allows buyers to bypass traditional mortgage hurdles."
"You can get paid three ways in a wrap deal: at closing, monthly cash flow, and upon sale."
"Resilience is crucial; not every deal will go smoothly."
Timestamps:
00:00 Introduction
01:06 Introduction of Guest: Gregory Crane
01:41 Gregory's Background in Real Estate
03:58 Importance of Networking in Real Estate
04:26 Understanding Wrap Exits and Their Viability
06:24 The Buyer’s Situation and Deal Structuring
07:23 Marketing Strategies for Finding Buyers
11:02 Role of Transaction Coordinators in Deals
13:18 Growth Through Community Engagement
15:03 Resilience in Real Estate Investing
► 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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30:55
The Domino Effect of Stepping Out of Comfort Zones
Welcome to a new episode of Get Creative! In this episode, we dive into an exhilarating journey of personal growth and community building. The host shares a transformative experience from the Day with Pace program, where participants confront fear by flying airplanes and pushing boundaries. This episode explores the parallels between overcoming fear in real estate and life, how mentorship can elevate confidence, and the power of content creation in building meaningful connections. Tune in to be inspired and motivated to step out of your comfort zone!
Highlights:
"It’s not the mountain we conquer, but ourselves."
"Fear is just the first step to transformation."
"The domino effect of one bold move can redefine your life."
"Comfort zones are great, but growth happens in the stretch."
Timestamps:
00:00 The thrill of unexpected challenges and the mission of Day with Pace.
02:42 Participants confront their fear of flying and reflect on the experience.
03:12 How pushing through fear leads to personal change and growth.
03:41 Comparing learning to fly with closing the first real estate deal.
04:09 Insights on how mentors guide through challenges.
04:34 Why hard challenges are essential for long-term growth.
05:12 Teaching the art of content creation and its impact.
05:47 The power of networking within a supportive community.
07:30 How shared experiences foster lasting bonds.
08:50 How bold moves generate success and inspire others.
► 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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10:52
The $20K/Month Laundromat: Benjamin Wong's Ingenious Approach
Welcome to a new episode of Get Creative! In this episode, we dive into the inspiring story of Benjamin Wong, a SubTo leader in New England, who acquired a laundromat with no money down, no credit check, and no prior experience. Through his creative financing strategies and his ability to build rapport with the seller, Benjamin was able to turn this laundromat into a $20,000-per-month revenue-generating business, and he even brought in private money partners from the SubTo community to join him in the venture.
Highlights:
"This episode is all about how one deal can change your life, and not only one deal, but one deal that you don't have to use a bank, no money of your own, no credit check."
"Our goal is to give the all the money back to our partners, so they are, they are zero money in the deal, and make it infinite return"
"She was so glad at the closing table. She was like, this is the partner, and she just turned the part."
"In her whole life, she has never traveled one day, and all she initially wanted was to retire and go travel. But after my conversation with her, she realized it's more important to see her son to be out of the basement."
Timestamps:
00:00 - Introduction to the concept of buying a laundromat with creative finance
02:09 - Benjamin's approach to building a relationship with the seller
06:24 - The structure of the deal and the use of private money partners
12:00 - The primary revenue sources and profit margins of the laundromat
19:50 - Benjamin's rapport-building with the seller and solving her personal problems
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► 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:
https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=
► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
https://getcreativepodcast.com/
PLUG IN & SUBSCRIBE
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22:11
Empowering Investors: Lessons from The Star Group
Welcome to a new episode of Get Creative! Today, host Jordan Whittenburg sits down with two inspiring guests: Matt Starobykhovskiy and Drake Bonilla. In this episode, we dive deep into the process of closing creative finance deals, overcoming obstacles in real estate investing, and the power of mentorship within the SubTo community. Learn how Drake secured his first rental property and how Matt’s innovative team strategies help new investors achieve their dreams. If you're ready to take action, this is the episode for you!
Highlights:
"You don’t need a ton of money or experience to break into real estate."
"Focus on relationships, not just transactions, to close creative deals."
"Listening is the foundation of building trust and understanding."
"Real estate is more than cash flow; it’s about opportunity and growth."
Timestamps:
00:00 Introduction
01:06 Meet the Team
05:15 Matt’s Story Of Mentorship Challenges And Early Losses.
07:43 First Deal Highlights & The Star Group’s Support.
10:20 Matt’s Approach to Handling Agent Resistance in Creative Deals.
14:08 Drake’s Rental Property
17:29 The SubTo Advantage
20:30 Building a Collaborative Team
24:42 Innovative Dispo Platform
30:59 Closing Notes
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► 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:
https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=
► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► 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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32:24
Creative Finance Beyond Real Estate with Jessica Roberts
Welcome to a new episode of Get Creative! Today, host Justin Tuminowski sits down with Jessicaa Roberts to discuss the world of creative finance and innovative business strategies. Jessica shares her remarkable journey from the spa and wellness industry to the world of real estate investing and business acquisitions, diving deep into her experience of purchasing a wellness center using creative financing techniques, including leveraging private capital and seller financing. Tune in to listen to Jessica her strategies for building a strong team and finding the right partners, the differences between investing in real estate and acquiring businesses and much more.
Highlights:
"I had my phone out multiple times about to send a catastrophic text, and I'm like, nope, nope. I'm smarter than this. I've been in business longer than this."
"If you're thinking right now, I don't know what to do if I was to buy a business. You can find a way to educate yourself, and you do not have to do it alone."
"60% of businesses are bought creatively in a huge percentage of businesses that are even listed on websites like bizbysell, they never sell."
Timestamps:
00:00 - Introduction to Creative Finance and Jessica Roberts
04:31 - Jessica Roberts' Background and Transition to Investing
06:41 - Challenges in Buying Businesses
09:04 - Details of the Wellness Center Acquisition
14:01 - Revenue and Cash Flow Analysis
19:12 - Impact of Owner Departure on Business Value
25:40 - Structuring Private Capital and Current Business Status
29:50 - Future Business Plans
30:43 - How to Connect with Jessica
► Join The Subto Community & Learn Creative Finance Directly from Pace:
https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► 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:
https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=
► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast
► 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
Discover the insider secrets of real estate investing and unlock your path to financial freedom with the Get Creative Podcast with Pace Morby. Join Pace and industry experts as they share invaluable tips, creative finance strategies, and success stories to help you thrive in the competitive world of real estate investing. Whether you’re a seasoned investor or just starting out, our podcast provides actionable insights to accelerate your journey towards wealth and independence. Tune in now and start building your empire today!
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