By Far The Easiest Way To Make $5K In Real Estate (Copy And Paste This Strategy) | Subto Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 β’ 586 Ratings
ποΈ 18 July 2025
β±οΈ 31 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition),Β Pace Morby breaks down why lowballs are necessary to run a business with deal breakdowns.
Show notes -- in this episode we'll cover:
- Pace Morby breaks down exactly why a $315K "deal" in Mesa, AZ with a $460K ARV is actually a money-losing trapβdespite a $145K spread on paper.
- The real math behind flipping: Pace reveals his full cost breakdown including purchase, closing, renovation, holding costs, agent commissions, and concessionsβshowing how thin margins kill deals.
- Why real estate agents label investor offers as "lowball"βand how Pace explains it's usually due to lack of investing experience, not malice.
- A masterclass in investor mindset: Learn to say no to bad deals, identify seller pain, and move quickly when the numbers (or motivation) donβt work.
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π§π§π§ DISCLAIMER π§π§π§
β 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 β
Transcript
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| 0:00.0 | Hey guys, Pace Morby here. Welcome to Wholesale Hotline Podcast. Today, we're going to be talking |
| 0:03.7 | about wholesaling and how you can get started. But I want to tell you, wholesaling is not just an |
| 0:07.8 | amazing way for you to get started in real estate, but you can also build cash flow and build |
| 0:12.7 | a portfolio in the process. Today's episode, you will walk away with tremendous notes. |
| 0:18.0 | And I want you to remember, we do a live episode every Monday night |
| 0:22.4 | over on my YouTube channel, YouTube.com forward slash pace morby. |
| 0:27.1 | Head over there and you can meet other audience members and do deals in the live chat. |
| 0:31.9 | Remember to subscribe, give us a little bit of love, and make some comments in the show |
| 0:36.4 | notes down below so we know what to talk about in the future. |
| 0:39.2 | Enjoy today's episode. |
| 0:45.7 | We are going to go through and talk about bird dogging today. |
| 0:49.8 | The purpose of this training today is just to help people understand bird dogging a little bit more clearly on a deal that we closed yesterday. And I've been training on this for the last couple of months, but I just thought I'd kind of do some backfilling and talk about why I'm doing the bird dogging stuff so much lately. And hopefully this will help somebody get their first deal. Let's just compare real estate to basketball for a minute this is like the layup in fact this is not even the layup this is like |
| 1:14.7 | you know when you take your kid and you give your kid a basketball and you bring your kid to |
| 1:18.2 | the basketball hoop and you say drop the ball in the hoop that's literally this move it is the |
| 1:22.9 | easiest strategy in real estate of all time today I had have the steps to do it. So here we go. |
| 1:29.3 | Bird dogging is a process that eliminates every single excuse that a new newbie could ever |
| 1:36.0 | give you or anybody else. They can't lie anymore. It removes all of the lies. Okay. So when a new |
| 1:41.0 | person jumps into real estate, whatever it is, think about it, about it kind of like basketball just for a second. |
| 1:47.3 | They compare themselves to Michael Jordan. Like you think basketball, you think Michael Jordan. You think basketball. You think Steph Curry, right? |
| 1:53.5 | Shooting freaking three points, three pointers from the halfway mark on the court. And people start thinking then that's what they should be doing in |
| 2:01.0 | fact don't lie I know we've all done this people will spend more time on the basketball court shooting |
| 2:06.2 | from half court than they will shooting a freaking layup like I'm practice like people are practicing |
... |
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