If anyone doesn't re-watch this 10 times and take notes and then fully research every second of the show, they will 100000000000% miss out! Amazing show wow!
@blackmentalhealthoregon44282 жыл бұрын
I'm on my 4th round watching 👀 Lol Awesome information!👏🏽
@treasuretakara60722 жыл бұрын
I’m on my 2nd time watching is he just gave us everything needed to make millions ❤💯
@donzell1738 Жыл бұрын
I programmed my car not to start unless this podcast is inserted in my car's USB media drive. 🔥
@Kyle-cv3de Жыл бұрын
Alright let's reel it in chief
@b_easy08232 ай бұрын
Sounds like your a student of the game which is great. Just make sure you’re taking action!
@EZTransactionalLending3 жыл бұрын
You've gotta get Pace Morby back. Pace is a amazing person and I am a subto student and his community is the best I have ever been in. I have purchased different coaching programs but subto mentorship is the best.
@cd51392 жыл бұрын
Would you suggest doing this as a first step instead of doing a rental arbitrage model to start?
@eccomercementoreeryan2264 Жыл бұрын
How many units do you have with the knowledge?😊
@duffstah12 жыл бұрын
Pace is a madman. A true entrepreneur. Big banks and the U.S government's worst enemy - a creative entrepreneur taking money out of their pockets. Keep rockin man.
@andyhwell84192 жыл бұрын
This dude motivates me to study more because he is a clear example that knowledge is power. Smart dude!
@jpslaughter42083 жыл бұрын
Pace is THE GOAT, any time you bring him on bigger pockets you will bring even more eyeballs to your channel, keep em coming!
@hunnybutta93 жыл бұрын
This is the one of the best bigger pockets podcast. Pace is really something special, with how he is influencing the real estate community. So many 💎 💎 of knowledge.
@CandidTamera2 жыл бұрын
This Bigger Pockets episode was indeed mindblowing! 1. Subject to insurance. 2. Due on sale remedy: lease option with the purchase price being the loan balance. 3. Down payment installment agreement as part on the Note. 4. Give seller their retail price with investor's terms. ONE QUESTION 1. On the 36-pad mobile home sale that Pace bought for $600K, no down, no interest. Why would the seller take $4,500/month from Pace's lease option when the seller was already pulling in $15,400 a month in mobile home tenant land lease payments? Thanks!
@aheadatime Жыл бұрын
That's a good question. I can only assume it's because the seller was tired of managing the property, perhaps was older and wanted to just enjoy life and stop being invovled in anything directly. Deals like this are gems, but they only seem to work with the right seller under the right circumstances.
@SethMceleney6 ай бұрын
I would guess their team got the vacancy rate down and increased rents. Probably cleaned up the property as well. Basic tenant improvements.
@ingrydhernandez3 жыл бұрын
This episode goes full circle for me. During the pandemic I found BiggerPockets and love to listen to Brandon Turner, even bought his books. It opened up my mind to investing and I found Pace in my quest for more info. Now I'm a student of Pace's and it's changing my life. Pace is the real deal!
@investwitheric3 жыл бұрын
Yes! Exactly my thoughts. Found BP Summer of 2020 and first heard about Pace earlier this year and now a SubTo student and learning so much from this community and the man himself. A true go-giver!
@LukeSalaiz2 жыл бұрын
I don’t understand how this episode doesn’t have at least 500k views. Pace is the real deal. Joining the subto community is by far the best decision I’ve ever made professionally. Hope this encourages people to look into what it’s all about. Cheers from Eastern WA.
@sareng2005 Жыл бұрын
How are you doing now after one year? any tips?
@MrKmichaelw2 жыл бұрын
absolutely love this show. Wharton MBA level teaching...without paying the $9500+ /credit hour Bigger Pockets...ROCKS!
@SeeLifeBro2 жыл бұрын
I have to listen to this episode like 10 times to soak up as much of this gold as I can. Awesome work gentlemen...💯
@JohnJones-eh5ss2 жыл бұрын
“THERE’s ALWAYS SOMETHING YOU CAN DO!” Love it. That is my belief. Great great podcast. I had to download and save.
@pirytreasuresales47372 жыл бұрын
Pace is a go getter personality! He is not only a good person but care to each single student from no body to somebody! Now I am in his mentorship program and loving it! I know if i fail i fail forward because somebody like Pace got my back in his community!
@angeloliver20642 жыл бұрын
This is probably my favorite episode so far! So much value from Pace!
@hayesmikeg3 жыл бұрын
Pace is amazing! I’ve personally bought 5 properties using the information I gained in his mentorship, and it’s just the beginning. The subto community is all about helping sellers, investors and especially people in the subto community he has built. He is the ultimate go giver!
@Shabaee26263 жыл бұрын
He's amazing. I'm heavily thinking about joining his program 🤔 heard it's expensive but worth it
@ryansatchell23023 жыл бұрын
Any chance you could explain how you would BRRRR a sub-to? I have an opportunity I’m thinking of using it on and I’m stuck on two things. 1) how do the realtors get paid in this strategy?(if they do) 2) if you end up not being able to sub-to and instead have to contract for sale. How do you regain ownership before refinancing? Or do you plain not BRRRR a sub-to?
@LukeSalaiz2 жыл бұрын
100%!!
@autumnjames41223 жыл бұрын
I am so impressed at this guest, the humility of all you guys(thats not uncommon), and I am super crazy excited about the knowledge I have been given!! Thank you Thank you Thank you- My life will never be the same, my “dead ends” are now open doors! This is great stuff
@chomerun2 жыл бұрын
Pep
@mrjuannorris_2 жыл бұрын
Absolutely 👍🏿 #NoHomesLeftBehind
@buydip79512 жыл бұрын
Which online platform do you recommend for newbies to know the secret on how to become a millionaire without taxes?
@prestonwalters17952 жыл бұрын
I have been making good profits and consistent free withdrawal since i joined (First Trade Markets)
@buydip79512 жыл бұрын
thank you for the recommendation. I just started making profits now from the platform. I started my account with a small capital. I will definitely add more.
@rebloodhounds63103 жыл бұрын
Pace and his community is a game changer for new and old investors. The entire community goal is to help investors solve problems EVEN if they are NOT in the community. You can bring Pace on 100 times and you will always get numerous mind blowing nuggets. No Hype...PERIOD
@caitlyndborn-dohm512 жыл бұрын
This upload has been eye-opening! Right when I thought I might have to wait to qualify for a mortgage, I find this video! I am trying to purchase a short-term rental, and I am desperate to get into the world of real estate investing, but I didn't want to use hard money and couldn't find a private lender that would help without at least 20% down! Amazing that Pace can amass such real estate portfolio mainly using seller financing.
@brycesullivan37893 жыл бұрын
You gotta have pace back for more! hes such a amazing person. Subto is such a family, all they wanna do it help. i love it
@selmajohnson-jackson39062 жыл бұрын
low income $1129,00. My desire is to work creatively and make money doing real investment. I’m 73 young, need update.my income. The man Pace is what I want to do. Please help me to know ways to think creatively. and pray my demons. away. Such as no money, will take time, for me to old.. I love helping people my past jobs
@selmajohnson-jackson39062 жыл бұрын
My career in the past was housing development and sale properties., a nanny,, real estate person.years ago. it’s hard for a black woman to get more involved but it can be none. Please contact me ASAP thank you. Selma Johnson-Jackson
@rgtrade35222 жыл бұрын
Subto guys are actually doing deals , these other “gurus” probably blow through 500 leads a day and wholesale 2 deals a month where a subto master would have 100 deals from the same leads. They really are a different breed, I’m in the middle of my first one now
@911SuzieQ2 жыл бұрын
What i love about Pace is that you can even make money from his free community … and what you are paying for is to be inside his aay to community !! This is gold !! He give sooo much info gor free tho !!
@malaysiapearl2 жыл бұрын
Pace can talk all day long, let him talk please!!! Wow, I am learning so much, so interesting, could listen to him all day long.
@jessicadjonne26872 жыл бұрын
I’m so glad I stumbled across this channel!!! I ignorantly thought that one of these ideas was original to me, lol. Hearing some details gives me the confidence to actually do it, now! Thanks guys! Thanks for sharing advice without charging us for every little script, program, deal, etc. it’s a great way to create loyalty from those of us who care about things like integrity, values, hard work, etc. I love all you guys!!!
@kcurby2 жыл бұрын
This has got to be the best show I've seen on bigger pockets
@danarobinson61563 жыл бұрын
The knowledge that was talked about in this episode on subject-to and creative financing is absolutely frickin brilliant. The creative problem solving is spot on. 👌 I almost was going to skip this one. This one made me opt-in for the 4 month youtube download. Seriously NO BS.
@tkinghorn Жыл бұрын
Pace is the real deal. I’ve been apart of his Subto community for 2 years and the learning is endless!!
@jitendrakamdar16552 жыл бұрын
Pace speaks very clearly and any lay man person can understand . Great guy !
@TheRealEstateLife3 жыл бұрын
Pace is one in a billion. There is no one in the industry that gives more, provides more value, and has a bigger heart! Not to mention he is walking the walk and building a massive business that most gurus can only dream of. He changed my life in ways that cant be measured and I am beyond grateful.
@christiancaropolo21932 жыл бұрын
I think this is one of the best real estate videos I've watched. So many gems!
@ShawnJBolden3 жыл бұрын
As a Retired U.S. Marine, I have been a part of an organization that takes care of its own but I must say the Pace Morby and Subto are the best community out there when it comes to having your back and taking care of each other. I have met some amazing people and I can't wait to do big things with you'll. Pace Morby has changed my thought process on how much I can achieve in life if I have a network of people that want the same success.
@johnblazer76612 жыл бұрын
I thought the Subject 2 part was brilliant, but when he started in on his rationale for seller-financing, I was stunned. It's not easy to surprise me, but the F150 story BLEW MY MIND. This guy is a genius.
@ckkendrick7861 Жыл бұрын
Seller finance is hard to do cause most sellers want there money now, they dont want to wait
@ckkendrick7861 Жыл бұрын
F150 story is crap, who the hell would do take payments for a truck double the value, i would have said i would you take payments for 5k cause thats what it's worth
@HollywoodWestern Жыл бұрын
Yea the problem with seller finance is most sellers want cash now. It’s more a sales game, than real estate
@RyanNotarfrancesco3 жыл бұрын
So many amazing solutions for most seller situations… Pace and the Subto community is legit and amazing to work with. 👊🏻
@azuz16982 жыл бұрын
This is the best biggerpockets episode I’ve seen. Amazing info especially on seller financing and I love pace’s humility. I’m really excited to learn more about this!!
@dariangel59932 жыл бұрын
Wow! Indeed phenomenal! So much to learn from this guy! Thanks a lot Pace for sharing your knowledge and thank you BP for arranging it!
@acedagod882 жыл бұрын
Great information & Pace is a great story teller. Captivating, informative & concise. This is communication 101.
@kmp1012 жыл бұрын
This was not concise whatso ever.
@altivoindustries81622 жыл бұрын
@@kmp101 He knows his stuff but he just loves to hear himself talk and its so annoying
@kmb5253 жыл бұрын
Pace is changing lives and creating so much opportunity for people! We are super grateful to be a part the amazing Subto community! Let's Be Go-Givers!!
@TheRealEstateLife3 жыл бұрын
Qq
@TheRealEstateLife3 жыл бұрын
Q
@y3llowduckyys635 Жыл бұрын
Man!!! You got me pumped!!! I just paused it to grab a pen and pad. I've been following him for a long time now.I have a phone call set up tomorrow at 6 pm with one of his recruiters to sign me up for his accadamy.!! Wow!! I don't even know if I'll sleep!
@KTForbes Жыл бұрын
Just realized that’s Outcast in the back of Pace. He might really know what he’s talking about.😂😂Great info!! Thank you!
@foxyglobetrotta57942 жыл бұрын
I learned so much from this interview and I have done many seller finance/land contract deals. Great show.
@rgtrade35222 жыл бұрын
Respect. Pure substance, not like the fake gurus. I think I enjoyed this as much as ron legrand videos. He’s now my new favorite guy to listen to
@ahmadalshakargi40932 жыл бұрын
I did ask my escrow officer about the due for sale clause because I was little concerned for the seller finance deals I had with clients in the past that does has ongoing mortgage on it. He did say that All-inclusive deed of trust is violation of due on sale, but only Fha loans usually check. In case the clause is activated you can switch to contract for deed and bring the property title back to the previous onwner until the loan is paid off and usually solve the issue
@matthommell46563 жыл бұрын
Without a doubt the best in business. We need some more Pace!
@WillBockovenCRE Жыл бұрын
12:54 David’s comment…unreal how true this point he makes. This is an extremely significant topic rarely discussed. It’s common when growing a business, it’s a leadership lesson.
@cilesialopes11753 жыл бұрын
Pace Morby #1 GO GIVER, BEST MENTOR EVER, so happy to be a part of Subto community.
@imchubbard3 жыл бұрын
Thank goodness Brandon is back
@vanillathehexican41422 жыл бұрын
This is exactly what I needed...great stream!!
@reggiekeown102 жыл бұрын
This show was great! I learned a lot from this show. I'm going to keep my eye out on the next time you guys have Pace Morby back on the show again.
@cmahesse Жыл бұрын
Amazing episode! 🤩 I learned SO much and Pace answered most of the questions I had.
@ernestosalgado93573 жыл бұрын
These podcasts have helped push me from thinking about to taking action. You guys are awesome for doing what you do. I can only hope to reach the level of success to do the same one day. I listened tot he podcast in the car and oddly enough without evening know it, you talked about a scenario that I am actually part of right now. I didn't even realize that I could structure a subject to deal and that's the exact scenario I'm in the middle of. In the show you mentioned Due on Sale clause insurance. But didn't mention the companies that could protect that clause. You mentioned some other strategies to overcome a due on sale clause being called upon. But I called a lender to see if she had ever heard of strategies to help overcome Due on Sale and she had never heard of it. I want to make sure that I'm prepared when because this is going to become my first investment deal and if it falls back on me I don't have the money to overcome the dreaded clause. Can you go into a little more detail on overcoming that clause when doing a subject to? Or could you help point me in the direction of how to find the insurance companies that help protect against the clause? Keep doing what you guys are doing. I'm a huge fan!!!
@paultaylor23912 жыл бұрын
Incredibly frustrating that nobody has bothered to answer this in over a year. I, too, have looked for companies to give me a policy and just get laughed at. Does anybody know of a company that actually does write this type of policy???
@sabinas.9323 жыл бұрын
One of the best shows I’ve ever listened to! Please bring Pace back to share more of his knowledge and experience with us!
@traviscarey3871 Жыл бұрын
Only listen to Pace for a couple days I can tell he the real deal for sure
@TheGuitarist172 жыл бұрын
Love it. 1 question though, with seller financing, what happens if the seller passes away. Do payments continue as they did before and just go to the seller’s heirs? Thank you! Great content here guys! 🔥
@cyndigreenwood32722 жыл бұрын
Pace did a $3 Million deal, and they wrote in the contract that the sellers kids would get paid after he passed. So I would think that it would have to be in writing.
@10xAds5 ай бұрын
I read this book in june 24 and now I. July I m reading it for the second time . Probably will read 3rd time immediately after that .. He and Jerry Norton both are genius when it comes to creative finance .. funny that whatever he is saying I can understand (thanks to his book) .. And I m planing to start my real estate joinery in the US (as I live outside the US) with creative finance (God willingly) all virtual .. Pace .. love u man .. God bless u .. Ibrahim
@diemtran26403 жыл бұрын
Thank you Pace. Probably top 5 episodes ever on BP, or even better. Such mind blowing info in here.
@laundreyoung69982 жыл бұрын
Great content!! Thank you!!!! Also, LOVE the picture of OutKast for the background!!!
@josephhefley97012 жыл бұрын
You made me yell "seriously!!" When Pace offered to play the call, which would have been perfect because he is literally explaining it, and it would have driven it home. Brandon: "No, let's put it in the show notes." He really thought it was important for people to hear; you are interviewing him but don't want to hear what he felt was really important in that moment. You might hear tons of calls, but we don't always. And for some of us, it will be hours before we can come back to this at the end of the day when the idea is no longer fresh in our minds. Please don't do that again to a guest. If they repeat themselves about something to share, they obviously feel it is of great importance. Let them share it.
@911SuzieQ2 жыл бұрын
Facts !!!
@KatCherryRealtor2 жыл бұрын
Agree.
@cyndigreenwood32722 жыл бұрын
Real Estate Rookie said they would do a workshop episode and let Pace do his thing.. and they still haven't.
@fiz66663 жыл бұрын
Pace Morby has created a community! His mentorship goes beyond real estate. Every aspect of my life has improved from being a part of what Pace has created. Biggest go-giver ever. Truly my role-model.
@hamzamalik85943 жыл бұрын
Pace is amazing and has created the best community in the world!! Please have Pace come back on the next episode! He always gives so much value!!!
@jeremykirkwood6993 жыл бұрын
This is by far the best podcast BP has done. Pace is the king and has taught me so much that I am currently using.
@SteveAllisonTri3 жыл бұрын
Pace is the MAN I'm a Subto student and Pace has created a community that is second to none -- lets squad up and help some people out!
@danielmoery3 жыл бұрын
The Subto community is a lifetime membership! It is truly a family of like minded entrepreneurs and Pace sets the bar for leadership and giving at an inspirational height. What a great episode you guys!!! ❤
@DuyNguyen-nt3lb3 жыл бұрын
Pace is an amazing mentor and a true leader in our community. I joined subto a year and a half ago and it completely CHANGE MY LIFE. I am forever thankful. I am so happy for BP to have Pace on the show to show the world what an amazing human he is. BP you need to get Pace come back and pour more knowledge to the world and help more people!
@veritypropertyinvestors34843 жыл бұрын
Loved this Podcast with Pace Morby. Hope there are more of these to come.
@gigawatts66673 жыл бұрын
Pace keeps it real. Pace, Brent, and Jamil all have good vibes and are killing the game! 💯
@cosbysthoughts2 жыл бұрын
This is the best thing I have watched for my future
@arams8422 жыл бұрын
Near 19:30: How is transferring a deed without purchase not a gift and therefore not subject to the gift tax laws?
@djmckayhan2 жыл бұрын
Where can we go to either purchase or review a Subject-to and Novation Contract?
@trojan79332 жыл бұрын
How do you make sure the mortgage payments go straight to the bank instead of the previous owner in a Subject To deal?
@dallasbell6156 Жыл бұрын
This was a great episode. Pace is the man!
@RobinHuud_ Жыл бұрын
45:46 what legal recourse do you have if someone stops paying on the truck? 🤨
@nanav68372 жыл бұрын
Best episode I watched on KZbin so far wow!
@WillBockovenCRE Жыл бұрын
23:24 I’m confused here. If the seller transfers the deed to the buyer but continues to be on the loan, and the buyer just makes payments on the loan then the mortgage is still on the Sellers’s credit report. How can the seller then buy another house and qualify for a loan without the first being paid off?
@thegreatsauna23472 жыл бұрын
This conversation is literally GOLD. Start with the end in mind this is crazy good. I am the person to GSD and to hand off is going to be hard but I need to write down the job tasks and in the end who to delegate this to and when.
@onejhead Жыл бұрын
Are there specific contracts we need for creative/seller financing? If so where can I find them? I’m a realtor in the Atlanta area
@domenechfamily14222 жыл бұрын
MindBlown!
@Wangstanemesis3 жыл бұрын
Pace is the man! Bring him back for more episodes!!!
@ElAngelAlmazan3 жыл бұрын
Pace is on of the most legit guys I have ever met! It’s unbelievable how much value he gives his community.
@djvmorales3 жыл бұрын
mind blown. i have this on replay.
@LukeSalaiz3 жыл бұрын
Same
@shivonandrews11113 жыл бұрын
I'm thankful for Pace! He is the elite go giver, changed my life, and countless others.
@pauljennings78762 жыл бұрын
Pace needs to write a book about this and simplify how to do this
@djmartin97493 жыл бұрын
Bring pace back! Bring pace back! Bring pace back!!!!
@JasonMorford3 жыл бұрын
Can you do a home equity line of credit on Subject 2? Can you do a cash out refinance on a Subject 2?
@blacca5372 жыл бұрын
Off topic... I love that painting of Outkast on his wall behind him.
@asiameowingtons3 жыл бұрын
life-changing information. thank you Pace!
@uriahcrawford75543 жыл бұрын
Pace is awesome. His mentorship is dope. But the biggest thing that He's created is the SubTo community. I've been a part of many classes, mentorships, courses. I learned something from them all-- but the community. Giving. Helping OTHERS. Growth mentality. AWESOME!!!!
@cynthiatrujillo39623 жыл бұрын
Pace is a go-giver and is creating a community of leaders. I am a Subto student and I know I made the best decision in joining this mentorship. He not only is full of knowledge in REI but he literally saves lives… one of our family members (subto-student) by the name of Page was scammed by a fake mortgage lender for 15k and Pace jumped in and gave it back to her out of his own pocket… Why would he do this? Because he cares about his community… !!! We love Pace! Bring him into another episode!!! #Subtoforlife😎✌🏼
@Cali_Girl12 жыл бұрын
1:11:00 There are several books with the title 'Rocket Fuel'. Who's the Author?
@444destiny2 жыл бұрын
I'm learning a lot. Haven't had it explained so clearly before. 👍🏾
@austineilers15302 жыл бұрын
Maybe the best podcast I’ve heard
@dacr07082 жыл бұрын
What I’m curious about is what 100k property brings in 1650 in rent. I live in phx and Tucson and that cap rate is pretty unbelievable especially in 2020
@tony93052 жыл бұрын
Great stuff! Thank you both for the valuable knowledge.
@MathyusHolden3 жыл бұрын
Pace is a killer mentor! Best go giver in the business- coming from a subto student - BRING PACE MORBY BACK ON THE PODCAST
@debbieliu-atopladyboss3 жыл бұрын
Pace is the BIGGEST GO GIVER I've ever seen and I'm so blessed to be part of his subto community! Definitely need to bring Pace back to give more contents and value!!!!
@rogertherealtor82702 жыл бұрын
Awesome video, I have been a subscriber for only about a month or so and have already learned so much more than I ever have. Thank you guys so much for sharing this and spreading the knowledge. I’m sure I speak fo all of us when I say we appreciate you.
@SA_7_7_73 жыл бұрын
Pace is THE MAN!
@THEREALESTATEHUSTLER Жыл бұрын
I love this interview. Thanks you guys💯💪🏿💪🏿🔥🔥🔥🔥❤️❤️❤️❤️
@jpdowdell81142 жыл бұрын
Absolutely amazing episode. The information is incredibly detailed and out of the box.
@cody_realtor Жыл бұрын
Am I the only one that noticed a mistake? In the first example, Pace said he bought a house for $372,000 with only $2,500. He did a Subject-To, which means the mortgage remained in the Seller's name. But that doesn't make sense because Pace said the whole reason the guy was selling is because his debt-to-income was too high and the bank wouldn't let him hold two mortgages. So how did a sub-to help his DTI if he's still carrying the note? it just doesn't add up. Before anyone gets ugly, I've used seller financing for 17 rentals and fully support what Pace is pitching.
@D3vinePurp0se2 жыл бұрын
Wow. This guy is a genius. If he had a real estate course. I would do it
@Maturelyme2 жыл бұрын
For the comment about the mortgage still being on the credit report @33:00, if you use a servicer and the deed is in your business name and being paid by your business does this still apply????
@garychefetz80453 жыл бұрын
Huge Pace Morby fan! Any show with Pace is a defining show!