Episode Details
Back to EpisodesWhat This Airbnb Taught Me Before I Sold It | Subto Breakout
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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