Hey guys, Pace Morby here. Welcome to Wholesale Hotline Podcast. Today, we're going to be talking about

wholesaling and how you can get started. But I want to tell you, wholesaling is not just an amazing way for you

to get started in real estate, but you can also build cash flow and build a portfolio in the process.

Today's episode, you will walk away with tremendous notes. And I want you to remember, we do a live

episode every Monday night

over on my YouTube channel, YouTube.com forward slash pace morby. Head over there and you can meet

other audience members and do deals in the live chat. Remember to subscribe, give us a little bit

of love, and make some comments in the show notes down below so we know what

to talk about in the future. Enjoy today's episode. Welcome to the Webrunner. We've got Ken

McElroy coming in. One of the first times I met Ken. I don't know if Ken remembers this,

but I started getting into a conversation with Ken,

and I asked Ken a question. I said, Ken, what's the one thing you'd give advice to somebody like me right now? If you could go in a time machine, go backwards. And he said,

spend more time with your family, spend more time with your wife. The best advice I could give

you and goes, because I was obsessed with my business and my growth and it disrupted my personal life. And then within about three, four minutes, he goes, so what's going on with your personal life? And I go, well, my wife's about to have a baby. And he's like, and you're here. And he called me out on it. And instead of sitting down at dinner, I left. I went home. Right. And it's all these big, powerful people and I went home. And my wife is like, why are you home? And I'm like, because Ken McRoy told me I needed to be home. And I look at Ken, not just as financial advice and all of those other things, but also just a really good father figure to remind me and show me the path that is in front of me

in 15 years, 20 years, et cetera. Now, by the way, we have a live audience. Can you show the live audience? One of the questions that I get asked all the time that I also asked, I would look at people like Ken who have billions of dollars in real estate. And I go, why are you still working? Why are you still working. And what's interesting is Ken has been talking about

on his YouTube channel recently in the last three, four, five months, he's been talking about

how he's going to go and double his portfolio over the next 10 years. Guys, let's give Ken a lot

of love in the side chat, please. Everybody that watches his YouTube channel, let's bring him up

on the stage, Victoria, so we can get

this man cooking. Guys, give Ken McElroy some love in the side chat. Ken, how are you doing, brother? Hey, what's going on, man? I want to just say that I sent over to my family office, one of your guys's new developments, and I go, hey, I think I'm going to cut a check for being a partner with Ken. And they came back and they go, this is the first time this has ever happened, by the way. They're like, number one, there's no red flags. Number two, all green flags. You should invest in this. Do you know who this person is? I was like, bro, do you know who this person is? This is Ken. He's a legend. And I want to talk about a bunch of things today. I doubt you have anything prepared for me because I think you and I are just going to go through a series of questions if that's okay. Yeah, yeah. Fire away, man. I'm ready to roll. The first question I have is just as a friend of yours and somebody that I just look up to you as a father figure in a lot of ways, I look at you and I go, is there such thing as a day that Ken McElroy is not working anymore?

Why would you go double your portfolio over the next 10 years? What is the thought process of that? Can you help me understand? You know, there's an interesting book I read years ago called Good to Great by Jim Collins. And if anybody hasn't read it, I highly suggest you read it.

But one of the concepts in there really stuck with me, and it's called the flywheel concept.

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