DiscoverGet Creative with Pace MorbyTurning $5K Into a Real Estate Empire
Turning $5K Into a Real Estate Empire

Turning $5K Into a Real Estate Empire

Update: 2024-11-28
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Description

Welcome to a new episode of Get Creative! In this episode, we’re joined by Manny Castillo, a standout member of the creative finance community, who shares his incredible journey into real estate. Manny walks us through a life-changing portfolio deal involving three townhouses in Augusta, Georgia. Discover how creative financing helped him save on taxes, negotiate effectively, and transform these properties into high-cash-flow investments—all while maintaining his integrity and community focus. Let’s dive into the details!




Highlights

"The only reason I’m buying these townhomes is because of that third one—and then silence."


"Seller finance isn’t just about a higher purchase price; it’s about spreading out taxes and maximizing gains."


"From a $5,000 investment to $45,000 profit—it’s all because of creative finance."


"You don’t need to reinvent the wheel; you just need to take action and add your flavor."




Timestamps 

00:00 Introduction to Manny Castillo


01:58 The Power of Community


03:40 The Portfolio Deal


06:23 Explaining Seller Finance


08:09 Smart Negotiation Tactics


12:30 Turning Townhomes into Cash Flow


15:23 Combining Rentals and Flips


18:49 Collaboration in Real Estate


21:09 Maximizing Profits


23:10 Loving What You Do




► Join The Subto Community & Learn Creative Finance Directly from Pace: 


https://paceapproves.com/subto-gc 




► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals:


http://joingatortribe.com/yt 


 


► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt 


 


► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:


https://paceapproves.com/tttc-gc 


 


► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success:


https://getcreativepodcast.com/ 


 


PLUG IN & SUBSCRIBE


Instagram: https://www.instagram.com/pacemorby/ 


TikTok: https://www.tiktok.com/@pacemorby 

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Turning $5K Into a Real Estate Empire

Turning $5K Into a Real Estate Empire

Pace Morby