WIP 539: Subject-To Masterclass! - The Secret Strategy to Quick Riches in this Little Known Real Estate Niche
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 19 October 2020
⏱️ 58 minutes
🔗️ Recording | iTunes | RSS
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Summary
If you need a masterclass on sub-to and creative financing, you’ll be in for a treat! In this episode, we have someone who knows the topic inside and out and he generously shared all you need to know!
Pace Morby is referred to as the subject-to legend and with good reason. After working as a general contractor for a decade, Pace transitioned into wholesaling properties, seller finance, assisted living, and property flipping.
To date, he generates over $150k in wholesale fees monthly, owns 7 assisted living facilities, and 15 subject-to properties! Taking into consideration all that he has accomplished so far, it’s easy to see Pace has truly mastered the art of subject-tos and wholesaling.
In this episode, you’ll learn all the basics of sub-to. However, that’s not all. You’ll also learn about the likely objections and how you can effectively address them, how to get sellers to take terms, and how you can build your portfolio in less than 2 years.
You’ll have plenty of powerful gold nuggets and insights to take note of so you better have a pen and paper handy!
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Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Transcript
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| 0:00.0 | You're listening to Wholeselling Inc. episode number 539. |
| 0:04.7 | Basically what it is is you are convincing yourself that you are staying busy by being in your car |
| 0:10.0 | and driving to an appointment and I'm busy I'm busy I'm busy I'm busy and it's just like a total mental game you're playing |
| 0:17.2 | with yourself and you're convincing yourself you're working hard. |
| 0:19.8 | My point is there's so many people in this business that stay busy to convince |
| 0:23.9 | themselves that they're doing something when the reality is what you were just |
| 0:27.8 | talking about which is money producing activities is what you need to be doing |
| 0:32.2 | all day long. |
| 0:33.0 | This is game-changing information, guaranteed to raise your real estate wholesaling business |
| 0:38.5 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling and start making money today. |
| 0:46.4 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies for |
| 0:50.9 | success to enable you to duplicate their results. You're listening to us. their For those who don't know me, I'm Lauren Hardy. I'm with Wholesailing Inc. I coach all things virtual wholesaling, |
| 1:10.8 | wholesaling, virtual investing, and we have Pace Morby. |
| 1:15.0 | He is a subject to legend, creative finance expert, super excited to have you. |
| 1:21.6 | Well, you know what's funny is I started out in wholesaling years |
| 1:24.9 | ago and I was a Homevester franchise. Do you know any Homevester franchises like |
| 1:29.6 | the We Buy Agley houses people? I know all about it. Okay looking back on it it's so |
| 1:35.0 | funny because I felt like I had all the answers because I was part of a |
| 1:37.8 | franchise you know and they teach you the opposite of virtual wholesaling it's like go on every appointment, you are the |
| 1:44.8 | center of your business, and so there's just this massive bottleneck where you can |
| 1:48.8 | only do so many deals and now I look back on that business model when I was making fun of people that were doing virtual |
| 1:54.7 | not making fun of I was just in the back of my mind I'm like well you're not buying deals as |
... |
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