How To Set Up Your Real Estate Business The Right Way | Subto Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 28 November 2025
⏱️ 15 minutes
🧾️ Download transcript
Summary
Welcome to the Wholesale Hotline Podcast (Subto Edition), where Pace breaks down creative finance strategies like subject-to, seller finance, and novations in plain English.
Today's episode is part of our Throwback Series where we re-air some of our most popular shows. This episode originally aired on 08/30/2024.
Show notes -- in this episode we'll cover:
- Learn how to buy properties without cash, credit, or credentials—no gatekeeping.
- Deep dives into real deals, seller conversations, and deal structuring from A to Z.
- Tactical advice for scaling a portfolio with little to no risk using powerful creative tools.
- Community-driven, high-value episodes that help you solve problems most investors run from.
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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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👽✌️ Learn from Pace and Cody 👽✌️
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🔹Join our free dope creative finance Facebook group: https://shor.by/8vxk
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🔹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 ❎
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey guys, Pace Morby here. Welcome to Wholesale Hotline podcast. Today we're going to be talking about |
| 0:03.9 | wholesaling and how you can get started. But I want to tell you, wholesaling is not just an amazing |
| 0:08.1 | way for you to get started in real estate, but you can also build cash flow and build a portfolio |
| 0:13.5 | in the process. Today's episode, you will walk away with tremendous notes. And I want you to |
| 0:18.9 | 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 enjoy today's episode |
| 0:40.6 | now here's the thing today in the dm somebody asked me pace i want to know how to get started |
| 0:49.6 | and what's beautiful is today we're going to be talking about your first thing that you need to do to get started. |
| 0:54.9 | We're at an RV park. I've been staying at RV parks all over the country. You got to ask yourself the question, how did these people buy this property? Do they buy in their personal name? Did they get an LLC, a trust? If they got an LLC, where is that LLC sitting? Is it in Wyoming? Is it Nevada? Today, we're going to be breaking down |
| 1:11.3 | what prime corporate services does for people like me. They help me in my first step in getting |
| 1:16.8 | started in buying real estate, wholesaling real estate, lending on real estate, borrowing against |
| 1:21.1 | real estate. It's all done through corporate structure. So as we go into the meetup today and we |
| 1:26.2 | help somebody get their first deal, |
| 1:32.4 | the first thing I want you guys to understand is how should I be getting started with the right corporate structure? So we're going to break that down today. All right, so let's go through some |
| 1:37.4 | corporate structured basics. Okay. A lot of people will have a ton of questions with this and that's |
| 1:42.3 | perfectly fine. My friends at prime corporate services will give you a whole hour free of charge on me. They will walk you through a lot of questions you'll have when you're setting up your corporate structure. But let's go into you. If you have a budget, right, to set up a corporate structure, this is the perfect corporate structure if you have a budget. |
| 2:01.3 | I'll follow up and give you one if you don't have a budget. |
| 2:04.0 | Okay. |
| 2:04.3 | So when you're just starting out, you do not want to have your name on anything. |
... |
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