Apr 13, 2020
Pace Morby: Understanding Real Estate Buying Trends During A Crisis
Meet Pace Morby, a real estate investor and entrepreneur with a
construction background. He was a contractor for 10 years and just
recently got rid of his license after a long battle with himself
about it.
In this episode of Construct Your Life with Austin Linney, Pace
shares his successes, struggles, and the lessons he has learned in
his real estate journey. He also talks about the power of making
room for positivity as an entrepreneur to keep sane.
You will learn some major real estate tips on how you can buy
houses at a much cheaper price during the COVID-19 crisis.
Quote:
“The power of subject-to is that you could buy any property you
want by taking over somebody else’s debt at an interest rate lower
than you could qualify for yourself.”- Pace Morby
What You Will Learn:
[1:17] How Pace never gave up even after losing money to bad
partners but instead focused on other businesses away from
construction.
[11:49] Learn how to create your world without negativity in it-
having a plan or creating a vacuum that negativity won’t suck
up.
[18:11] Pace shares how he found a passion for helping people which
fuels his drive.
[23:55 Understanding the power of having a reliable team. Learn to
rely on other people when running your business.
[25:50] The importance of combining a visionary and an integrated
partner in a business partnership- finding someone that complements
you in every aspect.
[30:15] Pace explains the importance of having support from your
life partner and learning to balance family and business.
[36:42] Understanding the process of buying a house and making a
profit in a time of crisis.
[42:36] Learn the concept of buying a house subject-to where you
utilize creative financing and could buy a hundred houses without
pouring your credit at any point. The minimum and maximum cost of
property right now.
Follow Pace:
Facebook Group - Wholesale Hotlines:
https://www.facebook.com/groups/759418414582645/
LinkedIn: https://www.linkedin.com/in/pacejordanmorby/
Instagram: https://www.instagram.com/pacemorby/
#podcast