Troubled Property into Profitable Investment with PadSplit
Вставка
- Опубліковано 2 жов 2024
- Join us as we share our journey of turning a rundown property into a successful PadSplit investment. Discover how we dealt with tenant disputes, renovations, and city regulations to create a fortress-like residence. Learn about the potential earnings and the strategies we employed to maximize cash flow in this C-area neighborhood. Don't miss out on this real estate success story!
► Join The Subto Community & Learn Creative Finance Directly from Pace:✌🏼
subto.sjv.io/Y9...
► Join Our Free Facebook Group to Connect with Pace and his Students:
paceapproves.c...
► Subscribe To My Second Channel:
/ @keepupthepace1
► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:
getcreativepod...
► The Ultimate Exit Strategy for Subto Deals:
splityourpad.com
► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:
jointoptiercomm...
-----------------------------------------------------------
► Get Our Vulcan7 Code:
www.vulcan7.co...
► Get Our BatchLeads Code:
batchleads.io/...
► Get Access To Privy
Startwithprivy...
------------------------------------------------------------
🔌 PLUG IN & SUBSCRIBE 🔌
Instagram: / pacemorby
TikTok: / pacemorby
LinkedIn: / pacejordanmorby
🗝🗝 FREEBIES 🗝🗝
📑 FREE assignment contract: go.www.pacejmo...
📑 FREE wholesale contract: go.www.pacejmo...
📑 FREE cold calling script: go.www.pacejmo....
📑 FREE cold texting script: go.www.pacejmo...
📑 FREE foreclosure script: go.www.pacejmo....
📑 FREE disposition checklist: go.www.pacejmo...
📑 FREE comping cheat sheet: go.www.pacejmo...
📑 FREE guide to pulling a water list: go.www.pacejmo...
📑 FREE guide for taking photos on appointments: go.www.pacejmo...
📑 FREE seller lead form for talking to sellers: go.www.pacejmo...
📑 FREE profit and loss template: go.www.pacejmo....
#RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips
🚧🚧🚧 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 UA-cam video for entertainment purposes ONLY ❎
Smartest man in real estate proud to know him and have him as my mentor. Subto!!!
TY ✌️
I really like this case study style content..Very HGTV🤔
The editing at 32:12 😂😂love it. Great video, thanks!
Pace, I’ve probably watched damn near every video you put out. This was the best video I’ve ever seen. Talking real numbers, situations, strategies. Made me feel like you were human haha I love your content and appreciate what you give to REI.
Starting to see on the light on
pad spit , split brick ......... Pad Split !
Props to the editor's humor. This is a great video!
I did this in 2005 in Bakersfield. Making improvements without permits, pad splits, creative rentals etc. it worked for a while but in the end I lost all of it. The issue is these ghetto tenants know more about the law then most lawyers and will exploit every loophole to skip out on rent. Stay away from the ghetto unless you’re quick flipping. You’re trying to squeeze blood from a turnip I would listen to Molly. She’s right and you’re most likely going to loose out in the end.
I need a "Molly" in my life, lol
Very interesting. In Japan this is called a "gaijin house." It's where a lot of foreigners stay when they first come to Japan if they're not sponsored.
Thanks Pace and Molly !!!! Love you guys!!!!!❤
Great video sharing with the community of investors an option that'll help many with affordable housing. Keep up the great work Pace and crew!
Thanks Pace, Molly and community. I learn a lot.
Thanks Pace, Molly and community. I learn a lot.
😊 26:17
I emailed pad split to ask them if they wanted a rental and they never responded 😢
Padsplit is a game changer
Love pace but this doesn’t solve anything for affordability. Most ppl do not want to live with other ppl, and alot of them have kids as well so this isn’t an option. Average Americans need to be able to afford their own place. We need to loosen up building and allow more freedom to build housing
Good luck solving that problem, buddy. This channel is for investors, not humanitarians. Get rich and go build a bunch of units and watch what the tenants do to them. Profit has to be made, unfortunately. Think our federal government and the federal reserve for printing out trillions of dollars and valuing our currency.
Baltimore area - yes, please!
Loved this. Do you have a video with PadSplit explaining how they work and how they judge how many sleep a room, etc.?
“In a village of 12,000 people in Wisconsin” 😅
I'm focusing on pad splits in Cali. Who wants to JV?
Where in socal. Have you worked w them
Extreme value, thank you Pace, Team and PadSplit! I'm in Vegas and I'm in!
Boom!
PadSplit is code for slum lord ...have some decency for Christ sake
You gonna cry?
Could you look any gayer?
Sonar lol😅 @4:02
PadSplit sounds like Student Housing.. each room rents so CF is insane
Pretty interesting I like all the concept you got my number I want to get involved, but I’m old-school like way back. I need to learn computer skills, but the day I was born I was born creative. I need to hook up, take a chance on me like you did on the property
I know with the right people around me I could make money for the circle the community. Thank you.
Just join the community.
Bring pad split to Oregon please 😂
Do you need to bring it? Can't you do that?
@@spldrong it isn't supported in my area
@@JoeGlascockJr damn, well people have been doing a similar thing before it... put each room on airbnb for 30 days or longer, FB marketplace and the like
@@spldrong most definitely. This just takes a lot of hassle away. Just delegating those procedures to an outsource company.
Bro looked at his wrist with no watch
Molly!!👀
So C is for cashflow... but what is the D for [no joke intended... truly asking]
They said " A is for Avoid", "B is for beware of HOA", "C is for Cashflow", "D is are you Dumb, or Dont get greedy" 😂😅
Where will the all those tenants park with no carport?
How much is padsplit's fee?
@Pace who is your ps contact?
C is for Cash Flow
She lived at the property for free for 43 whopping years . Insane
Painful Hold... we can see 2-3 like those a year with enough deal flow volume. Great alternative.
Because kids are not allowed in a padslit then the investors could lower the rents because they are doing extra with padsplit yay
Rents ain’t dropping. Good luck
whos the girl? she dont wanna see the vision
i bought a busted house for 40 down and then spent 40 to fix it
paid 155 its now worth 230
pretty typical ratio
This guy really used the watermelonium meme in his ad. That's hilarious.
No sale, though.
Lol in Cali they will go into any part of the house they want, even if you didn't pull permits for that area
Amazing content! Pad Split is wild! 🤘🏼
I liked the "marketing flywheel" analogy.
Hey Pace! Jean here from LA, me and my brother AJ have our 1st Padsplit in Atlanta, and now that's operating, cash in cash return is 28% !!!
More investors need to do Padsplit! Padsplit's mission to solve the affordable housing crisis is amazing and we're behind their cause all the way! 🙌🙌🙌🙌
So happy you guys are collaborating! 🙌🙌🙌
Thank you Atticus and Nick, this is brilliant for investors and to solve the affordability crisis. Brilliant ideas Pace.💯
Love you, Pace and Molly!! thank you for all you do❤
First!
Love it!
😂😂😂😂 @2:50