@Account Closed
It's a buy & hold property, so with time it will. We had access to the legal contracts that he has his legal team provide, private money, the JV agreement, and corporate structure to protect the asset we purchased. It currently cash flows both parties roughly $500/mo. We didn't join as newbies, though. We already have a portfolio and deals under our belt. Being in the mentorship just gave us the tools and confidence we needed to take on that deal.
Since then we have teamed up with another Subto member in a different state and he's giving us rev share to be his lead managers helping homeowners facing pre-foreclosure. We've helped him close 3 deals and save homeowners from foreclosure.
The value doesn't come down to a number on a spreadsheet. The value is in the community and the access to the resources to succeed in any area of real estate investing. Everything Pace Morby teaches inside the mentorship is about collaboration, taking action, and helping others.
We're currently working on our Trust/LLC structure, CRM, and lead gen with the help of the info in the mentorship. They have leaders in every region and zoom meetings every day to help members with everything from lead gen to underwriting deals to transaction coordination, etc.
I'd be happy to update you as we do more deals and help provide value to you in any way that I can!