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What This Airbnb Taught Me Before I Sold It | Subto Breakout

Published 8 months ago
Description

On today's Wholesale Hotline Podcast (Subto Edition), Pace reveals how he bought a property on Sonnet Drive with no money down, no credit, and 2% seller finance, eventually profiting over $200,000 through appreciation and cash flow..

Show notes -- in this episode we'll cover:

  • Why Airbnb is a dying model, especially in HOAs and strict cities like Atlanta and Vegas—Pace explains why he’s exiting the short-term rental game completely in favor of more scalable strategies.
  • Powerful insight into balloon payments and automatic extensions—Pace details how he negotiated a 5-year renewal clause on all 31 seller-financed properties he bought from the same seller.
  • Why Pace agreed to pay Zillow price + $10K and how he used that to negotiate 0% down—breaking down the “teeter totter” method of trading higher price for better terms.
  • Final takeaway: Single-family real estate is a long game—cash flow is minimal, but equity and appreciation create massive wealth when you roll profits into bigger deals like RV parks using 1031 exchanges.

 

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