Episode Details

In this episode Rich sits down With Pace Morby to talk about how he built a real estate portfolio worth roughly $500 million using strategies such as subject-to deals, seller financing, and creative finance. Pace breaks down how he finds opportunities through agents, targets properties that have been sitting on the market, structures deals around existing mortgages, and uses seller financing to acquire everything from single-family homes to RV parks and large multifamily properties.

Pace also shares how he builds companies by hiring experienced leaders, offering phantom equity and profit sharing, and creating teams that can operate without him. They discuss the future of wholesaling, how AI is changing businesses and jobs, the importance of surrounding yourself with high-level people, and why the entrepreneurs who succeed are focused on developing skills, relationships, and resources rather than chasing one quick deal.

Connect with Rich on Instagram: @rich_somers