How To Triple Profits From One Creative Finance Deal -- Turning $350K To $1.6M | Subto Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 26 April 2024
⏱️ 19 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Subto Edition), Pace is joined by Ashley Abbott to breaks down a deal.
Show notes -- in this episode we'll cover:
- Ashley's background and how he came across his deals.
- Ashley breaks down the specifics of the deal.
- Exactly how Ashley rolled the profits of a one deal into multiple new deals.
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❎ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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
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| 0:00.0 | Hey guys, Pace Morby here. Welcome to Wholesale Hotline Podcast. Today, we're going to be talking about |
| 0:04.0 | wholesaling and how you can get started. But I want to tell you, wholesaling is not just an amazing way for you to get |
| 0:08.9 | started in real estate, but you can also build cash flow and build a portfolio in the process. |
| 0:15.2 | Today's episode, you will walk away with tremendous notes. And I want you to remember, we do a live |
| 0:20.5 | episode every Monday night |
| 0:22.5 | over on my YouTube channel, YouTube.com forward slash pace morby. Head over there and you can meet |
| 0:28.4 | other audience members and do deals in the live chat. Remember to subscribe, give us a little bit |
| 0:34.5 | of love, and make some comments in the show notes down below so we know what |
| 0:37.6 | to talk about in the future. Enjoy today's episode. |
| 0:45.6 | Hey guys, welcome to the podcast today. We've got Ashley Abbott out of Kansas City. And man, |
| 0:51.1 | this is an interesting one. The story we're going to talk about is actually Ashley doing a fix and flip and rolling the proceeds, rolling the profit into multiple other deals through creative finance. |
| 1:03.8 | And I don't think I've talked to anybody that's done this in years. |
| 1:07.8 | And so I'm really interested in hearing the story. |
| 1:10.1 | Ashley, thanks for coming to the show today. |
| 1:11.7 | How you doing, bro? |
| 1:13.4 | I'm doing great pace. Really appreciate you get me in here today. And everything sub two communities |
| 1:20.4 | has created for me. |
| 1:23.3 | It's the friggin best. |
| 1:25.8 | So I live in Lee Summit, Missouri, and I was, we've got a nice little downtown pretty close to here. |
| 1:34.3 | And I was, I was walking downtown one day and I saw this really run down triplex. |
| 1:40.1 | I'm like, this would be awesome. |
| 1:42.4 | I'm going to see who owns this. |
... |
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