I currently live in Pacific Grove, in Monterey County, California. I became financially independent through real estate investing in 2020, have been a landlord since 2004, and joined the Subto mentorship because I feel that the market is ripe for more creative deals. Below is my summary of my experience since joining last November:
1. Network of People, Friends That Do Deals Together
We have met our best friends in this community, not an exaggeration. Like-minded investors who give each other the best deals because we want our friends to succeed. We bought our first deal 2 months after joining from another Subto member.
2. Creative Finance Training and Paperwork
The paperwork alone has made this mentorship pay for itself. The creative contracts and the Zoom recordings on the particulars have been extremely valuable.
3. Live Zooms (13 - 20 per week), Active Role Playing
There are very talented and successful people in this mentorship, many are making six figures or more each month and I have received first-hand role-playing coaching, live from some of these people, free of charge!
4. Professional Undwriter On Staff
Pace pays a professional underwriter to be on staff, over $250k per year I believe, just to underwrite everyone's deals, residential and commercial, for free. Crazy value.
5. Meetups
We have gone to several meetups in San Jose, Santa Cruz, Orlando, and Los Angeles, and have met newbies along with extremely successful investors who have a huge go-giver mentality, thanks to Pace Morby's desire for successful mentees to give back to newbies.
I am now under contract with my first creative deal in San Antonio, a Subto deal that we might wholesale or keep for ourselves. I am confident if I were to have started taking action sooner I would have had many more deals under my belt but I was a knucklehead and was swinging hammers on my fixer-upper instead of hiring a contractor. My eyes have been opened to new opportunities to grow our portfolio, thanks to Pace and the Subto mentorship. Hands down the best decision of my investing career.