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What This Airbnb Taught Me Before I Sold It | Subto Breakout
Manage episode 483091750 series 3409560
On today's Wholesale Hotline Podcast (Subto Edition), Pace reveals how he bought a property on Sonnet Drive with no money down, no credit, and 2% seller finance, eventually profiting over $200,000 through appreciation and cash flow..
Show notes -- in this episode we'll cover:
- Why Airbnb is a dying model, especially in HOAs and strict cities like Atlanta and Vegas—Pace explains why he’s exiting the short-term rental game completely in favor of more scalable strategies.
- Powerful insight into balloon payments and automatic extensions—Pace details how he negotiated a 5-year renewal clause on all 31 seller-financed properties he bought from the same seller.
- Why Pace agreed to pay Zillow price + $10K and how he used that to negotiate 0% down—breaking down the “teeter totter” method of trading higher price for better terms.
- Final takeaway: Single-family real estate is a long game—cash flow is minimal, but equity and appreciation create massive wealth when you roll profits into bigger deals like RV parks using 1031 exchanges.
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☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️
Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business:
✌️ https://shor.by/pace-youtube ✌️
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🗝🗝 FREEBIES 🗝🗝
📑 FREE assignment contract: https://www.pacejmorby.com/assignment...
📑 FREE wholesale contract: https://www.pacejmorby.com/wholesalec...
📑 FREE cold calling script: https://www.pacejmorby.com/coldcalling
📑 FREE cold texting script: https://www.pacejmorby.com/text
📑 FREE foreclosure script: https://www.pacejmorby.com/foreclosure
📑 FREE disposition checklist: https://www.pacejmorby.com/dispo
📑 FREE comping cheat sheet: https://www.pacejmorby.com/comping
📑 FREE guide to pulling a water list: https://www.pacejmorby.com/water
📑 FREE guide for taking photos on appointments: https://www.pacejmorby.com/photos
📑 FREE seller lead form for talking to sellers: https://www.pacejmorby.com/seller
📑 FREE access to my upcoming ebook: https://www.pacejmorby.com/exitstrate...
📑 FREE profit and loss template: https://www.pacejmorby.com/profitloss
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Want a site to host your podcast? We use PODCASTICS!: https://www.podcastics.com/?&_rid=12536
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👽✌️ Learn from Pace and Cody 👽✌️
🔸Follow Pace on IG: https://www.instagram.com/pacemorby
🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk
🔸Dive deeper within my mentorship: https://go.subto.com/pace-sunday-service
🔹Watch Sunday Service live on my YouTube every Sunday at 7 PM PST
🔸Tune in to Wholesale Hotline live on my YouTube every Monday 5pm PST
⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo ⚠️
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🚧🚧🚧 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 Podcast for entertainment purposes ONLY ❎
1371 episodes
Manage episode 483091750 series 3409560
On today's Wholesale Hotline Podcast (Subto Edition), Pace reveals how he bought a property on Sonnet Drive with no money down, no credit, and 2% seller finance, eventually profiting over $200,000 through appreciation and cash flow..
Show notes -- in this episode we'll cover:
- Why Airbnb is a dying model, especially in HOAs and strict cities like Atlanta and Vegas—Pace explains why he’s exiting the short-term rental game completely in favor of more scalable strategies.
- Powerful insight into balloon payments and automatic extensions—Pace details how he negotiated a 5-year renewal clause on all 31 seller-financed properties he bought from the same seller.
- Why Pace agreed to pay Zillow price + $10K and how he used that to negotiate 0% down—breaking down the “teeter totter” method of trading higher price for better terms.
- Final takeaway: Single-family real estate is a long game—cash flow is minimal, but equity and appreciation create massive wealth when you roll profits into bigger deals like RV parks using 1031 exchanges.
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
☎️ Welcome to Wholesale Hotline & Subto Breakout✌️✌️! ☎️
Need discounts and free trials!? Check this out for the softwares/websites/contracts/scripts/etc we use in our business:
✌️ https://shor.by/pace-youtube ✌️
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🗝🗝 FREEBIES 🗝🗝
📑 FREE assignment contract: https://www.pacejmorby.com/assignment...
📑 FREE wholesale contract: https://www.pacejmorby.com/wholesalec...
📑 FREE cold calling script: https://www.pacejmorby.com/coldcalling
📑 FREE cold texting script: https://www.pacejmorby.com/text
📑 FREE foreclosure script: https://www.pacejmorby.com/foreclosure
📑 FREE disposition checklist: https://www.pacejmorby.com/dispo
📑 FREE comping cheat sheet: https://www.pacejmorby.com/comping
📑 FREE guide to pulling a water list: https://www.pacejmorby.com/water
📑 FREE guide for taking photos on appointments: https://www.pacejmorby.com/photos
📑 FREE seller lead form for talking to sellers: https://www.pacejmorby.com/seller
📑 FREE access to my upcoming ebook: https://www.pacejmorby.com/exitstrate...
📑 FREE profit and loss template: https://www.pacejmorby.com/profitloss
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
Want a site to host your podcast? We use PODCASTICS!: https://www.podcastics.com/?&_rid=12536
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
👽✌️ Learn from Pace and Cody 👽✌️
🔸Follow Pace on IG: https://www.instagram.com/pacemorby
🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk
🔸Dive deeper within my mentorship: https://go.subto.com/pace-sunday-service
🔹Watch Sunday Service live on my YouTube every Sunday at 7 PM PST
🔸Tune in to Wholesale Hotline live on my YouTube every Monday 5pm PST
⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo ⚠️
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🚧🚧🚧 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 Podcast for entertainment purposes ONLY ❎
1371 episodes
All episodes
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