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Updated 7 months ago on . Most recent reply
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Pace Morby Subto Mentorship
I'm not typically one to write posts, but wanted to talk about my experience with the Subto mentorship with Pace Morby. I had already joined two other programs that didn't really work out the way I had hoped, so I was pretty skeptical. I did a lot of research in the form of listening to watching his content. It seemed pretty obvious to me that he put a lot of effort into helping others, just based on the fact that he had 7, 8, 9 hour zooms on weekends to answer questions and just hangout. I took the plunge and joined about a year and a half ago. Like many others, I wasn't really active until recently. The amount of information he and his team provide is unbelievable. The value you get is 10 times what you pay and is by far the best program I've been part of. It's not just the content, but the culture that he's built. It really is about collaboration and not competition. Nothing was more evident than going to the mastermind earlier this month where you had people new to real estate talking and building relationships with people who have been in the industry for years. Everybody was super friendly and seemed to genuinely care about you as a person. It's the first time I've ever felt so welcomed by strangers in a room. I cannot recommend this community enough.
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6 of the 7 land flips were self financed (partnered with a subto student) and sold to end buyers seller financed. I JV'd with another person on the 7th to sell it. 2 LTR purchases were the BRRRR method, which were my last two BRRRRs. I partnered with another subto student for the wholesale deals and we split the assignment fee. I have another subto student i'm partnered with and we're buying straight off the MLS for section 8 housing. We have 4 under contract with one closing this Wednesday.
The moral of the story is, yes, creative finance is one of the things that is taught. However, the power is in the community. I would not have have the 2 wholesale deals completed with 3 more PA verbally accepted.
It really depends on what your avatar is. I have a demanding W2 with a wife and two young children. I don't enjoy nurturing and closing sellers on a regular basis. I found my path in the real estate world and it's because of the wide variety of education I received from the subto training videos and community.