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All Forum Posts by: Paige Kuhbacher

Paige Kuhbacher has started 4 posts and replied 14 times.

Post: Pace Morby's Subto Mentorship is the BEST!

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

 14 Posts

19 Posts 

Yep. 

@Nate Marshall

I've been on BP since October 2020. I am a full time realtor and investor. It has not been a priority of mine to sit in the Bigger Pockets forums and post/comment on everything. I do however provide input and value where I see fit. 

I would be happy to help answer questions or clear up any confusion anyone has about the Subto mentorship. I joined in March, but have been involved enough to see the massive potential it provides to investors looking for a supportive community. 

Post: Pace Morby Mentorship

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8
Quote from @Brady Hales:
Quote from @Account Closed:
Quote from @Brady Hales:

@Account Closed I apologize I didn't see your post earlier. I will be 100% honest with you. I am not paid by Pace Morby although that would be cool. I have 0 deals and have made $0. Just being honest with you. But I haven't put in any work other than listening to the videos. So it wouldn't really be fair to judge anybody's mentorship value based on my results whether it is paid or free because I haven't put in the work. If you look at one of my earlier posts I did encourage people to check out his free group before considering his mentorship. I am not here to sell his mentorship just give honest opinions. 

Thank you for your candor. Mechanical engineers are thinkers by nature, before  they act. It isn't surprising that you want to learn. (I'm surrounded by engineers in the family) Most have disbelief that I can do what I've done because it doesn't follow the accepted order of things. ;-)

It's when people who are desperate to make a meager amount more, living paycheck to paycheck, have no reserves, have no skills, don't understand real estate, and are told to use their credit cards to join but are not told about the fact that 90% never buy a property, that part seems to be hurting people, not helping them.

In fact, one of the other biggest issues is when Morby uses “Gator funding” or whatever it’s called to entice unsophisticated investors to take a third position on an overleveraged property so he can get into it without any of his own money. The unsophisticated investors are taking all of the risks. That won't end well.


I completely agree with you Mike. Although the Gator Funding Training is included in the training I purchased I haven't really got into it yet. I'm more interested in the longer term plays for wealth building. And if I was in an earlier phase of my life there is absolutely no way I would have purchased it. I think with all forms of education it is imperative to be discerning in your learning and not just blindly follow someone into a big mess. It's important to recognize your own limits with all the risks involved and not get into trouble by just following someone just cause they said to do it. So I 100% agree with you.


I agree with that Brady! You have to be able to assess where you're at in your investing journey and know yourself well enough to be able to take full ownership of your actions and apply the material accordingly. If you go into it thinking you'll get rich quick and easy without taking any action, it would likely be a very disappointing mentorship to join.

Post: Pace Morby Mentorship

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

@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!

Post: Pace Morby's Subto Mentorship is the BEST!

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

I'm just here to say that there is an infinite amount of value in Pace's mentorship program. As long as you have an abundance mindset and you're willing to take consistent action you have every resource available to succeed. Within the first 2 months of joining we did a deal, and the access to the contracts, confidence, and assistance is well worth the fee to join. 

Community and collaboration is so important in this business. If anyone wants to know more I'm happy to hop on a call and answer more questions! 

Post: Pace Morby Mentorship

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

@Account Closed 

I joined Pace's Subto mentorship in March and it's almost impossible to quantify the value it provides. Partnered and did a deal within the first 2 months, had access to all of the legal contracts we needed, and an endless network of people who are willing to selflessly help you and walk you through every step. It's truly an amazing community of go-givers and Pace over delivers every day. As long as you are consistently taking action you have every resource available to succeed.

If anyone wants to know more about the mentorship I'm happy to get on a call and help answer any questions! 

Post: Does BP have anything similiar to Quick books on its website?

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

Check out Landlord Studio! It is much more user friendly than Quickbooks and made specifically for rentals/investments. I believe Stessa is a similar software that does many of the same things that Landlord Studio does, and is more inexpensive. 

Post: Wyoming Rental Markets

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

Hi Jake, I am a buy and hold rental investor, realtor, and native of Gillette WY. The market here is definitely moving quickly due to low inventory and high demand from out of staters. There is currently a lot of demand for rentals in Gillette. There are a few decently priced multi-family properties and single-family properties. My husband and I have 5 doors currently but we have no vacancies and rents are appreciating in all areas of town.

Although we are the energy capital of the nation and that has it's drawbacks with the current administration - I'd say we have a self sustaining community and aren't in jeopardy of another bust cycle. There has been an influx of people looking to move here from out of state due to our conservative way of life and low cost of living (no COVID restrictions, low property taxes, etc.).

If you'd like I can to add your email to my MLS portal to view what we have on the market currently. If this is an area you decide you'd like to invest in, I'd be happy to help you evaluate properties and purchase some rentals!

Post: Tenant Requesting Rental Assistance

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

It's for assistance with utilities during winter months... which ends March 31st and would authorize them to come in and winterize his unit. 

I'm essentially wondering if there are any legal obligations for me to consent to this? 

Post: Tenant Requesting Rental Assistance

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

Hello!

We purchased a multi-family rental property in November. This property came with an inherited tenant who has been difficult to deal with since the day we closed. He is now almost two months behind in rent, has been laid off, and has a multitude of lies and stories about why he can't pay rent.

We have informed him that we will not be renewing his lease when it is up in May. He sent over some paperwork for assistance for us to fill out. If he is going to be out by the end of May, is it just going to complicate things for us to get him on this program? 

Thank you in advance for your advice.

Post: Investing/Property Management Business Questions

Paige Kuhbacher
Agent
Posted
  • Realtor
  • Gillette Wyoming
  • Posts 15
  • Votes 8

We purchased the property in our personal names because we were told banks don’t like to loan to new LLCs.

We started the property management LLC to position ourselves to scale up in the future and have a property management company for future properties.