Join Pace Morby at Mountain View RV Resort in Montana as he shares the incredible story of how he bought this RV park using creative finance methods (not subject to or seller finance). This deal is a job killer-it cash flows so much it can replace any corporate job out there!
In this video, Pace dives deep into the creative BRRRR strategy he used to acquire the property without using his credit, going to a bank, or spending any of his own money. Instead, he brought in $1.4M in cash from his SubTo community members. Discover the ins and outs of the negotiation process, why the seller decided to sell, and how Pace structured this unique deal.
Pace explains the management style for the RV park and breaks down the numbers behind the deal, revealing a net cash flow of $70k-$80k in the first year and around $150k annually after operations smooth out. He also shares where he found the deal-at a community meetup-and emphasizes why attending meetups is crucial for your real estate business. Additionally, he offers tips for negotiating with agents, brokers, and private money lenders.
During the Q&A session, Pace answers questions about mitigating slow periods, long-term and short-term marketing, workers’ camps, and value-add opportunities. He also discusses his vision for reinvesting in his parks to create a historic brand in Montana.
Don’t miss out on these valuable insights! Like, subscribe, and leave your questions in the comments below. Let’s get creative and start getting real estate deals so you can quit your corporate jobs!
► Join The Subto Community & Learn Creative Finance Directly from Pace:✌🏼
subto.sjv.io/Y9...
► Join Our Free Facebook Group to Connect with Pace and his Students:
paceapproves.c...
► Subscribe To My Second Channel:
/ @keepupthepace1
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
getcreativepod...
► The Ultimate Exit Strategy for Subto Deals:
splityourpad.com
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
jointoptiercomm...
-----------------------------------------------------------
► Get Our Vulcan7 Code:
www.vulcan7.co...
► Get Our BatchLeads Code:
batchleads.io/...
► Get Access To Privy
Startwithprivy...
------------------------------------------------------------
🔌 PLUG IN & SUBSCRIBE 🔌
Instagram: / pacemorby
TikTok: / pacemorby
LinkedIn: / pacejordanmorby
🗝🗝 FREEBIES 🗝🗝
📑 FREE assignment contract: go.www.pacejmo...
📑 FREE wholesale contract: go.www.pacejmo...
📑 FREE cold calling script: go.www.pacejmo...
📑 FREE cold texting script: go.www.pacejmo...
📑 FREE foreclosure script: go.www.pacejmo...
📑 FREE disposition checklist: go.www.pacejmo...
📑 FREE comping cheat sheet: go.www.pacejmo...
📑 FREE guide to pulling a water list: go.www.pacejmo...
📑 FREE guide for taking photos on appointments: go.www.pacejmo...
📑 FREE seller lead form for talking to sellers: go.www.pacejmo...
📑 FREE profit and loss template: go.www.pacejmo...
#RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips
🚧🚧🚧 DISCLAIMER 🚧🚧🚧
❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a RU-vid video for entertainment purposes ONLY ❎
29 сен 2024