He’s Built a $400M Real Estate Portfolio Utilizing No Money Down, and No Credit | Pace Morby E294

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 14 January 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

What if you could build wealth through real estate with little to no money down? In this episode, Rich Somers sits down with Pace Morby at the TR Wealth Conference in Nashville to explore the art of creative financing. From seller financing to subject-to deals and targeting expired listings, Pace reveals how he’s acquired over 2,000 doors and built a thriving real estate empire without relying on traditional methods.The conversation goes beyond strategies, diving into the importance of authen...

Transcript

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0:00.0	When you understand the power that you have, you realize you're selfish when you're not putting
0:05.6	your brand out there because it then compounds the amount of people that you can help. So the difference
0:09.7	I see in people that are not posting and the people that are, the people are not posting have
0:13.7	actually never helped anybody besides themselves. And if you help somebody else beside yourself,
0:18.7	you get that addiction of, wow, that's why I was put on this planet.
0:21.6	How do I do that faster?
0:22.6	There's one answer.
0:23.3	It's social media.
0:24.5	Welcome to the Rich Drummers Report where we talk real estate, business, and wealth building, all while keeping it real.
0:29.8	No fluff, no BS.
0:31.5	I hope that you enjoy the show.
0:41.1	All right, guys, welcome to another episode of The Report today.
0:46.5	We are live out in Nashville at the STR Wealth Conference, and we got a little crowd out here.
0:48.9	And I got a special guest, my man, Pace Morby, pace.
0:50.5	Welcome to the show for the second time.
0:51.8	Rich, you're the best.
0:53.5	Appreciate you, brother.
0:54.5	Dude, you're too nice to me, man. You're doing so great. Last time we hung out, we hung out at one of your big Airbnbs in
0:58.8	Scott Stel. Yelp. Yeah, I don't know, three, 400 people show up to this thing. You're doing,
1:04.6	you're killing it, dude. I appreciate you, man. And you've definitely been someone who uh inspires me and uh i appreciate you you provide a lot of
1:12.7	value to everyone man so thank you for that um so dude since i've had you on it was last april so it's
1:17.2	been nine months now 10 months what the hell you've been up to dude um i got somebody pregnant
	...

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