Seeking feedback from anyone on BiggerPockets who is in this program.

Seeking feedback from anyone on BiggerPockets who is in this program.

Investor · Lake Oswego, OR · Member since 2022 · 36 posts · 19 votes

I'm wondering about Pace Morby's Gator program. It sounds like there are five strategies, and the first one is essentially inserting yourself into a deal by providing the funds for an earnest money deposit for someone like a wholesaler. I have no idea what the other strategies are. Does anyone have any insights on if this is worth pursuing? The lifetime access fee for the training is nearly $3000.

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Investor · Scottsdale Austin Tuktoyaktuk · Member since 2021 · 4k+ posts · 4k+ votes
3y
Quote from @Misty Amburgy:

Jamie,

The Gator Method has 7 different strategies. Only 3 have been released with each new one released the price of Gator is going up. Is it completive YES. Can you make money....That is up to you and your ability to connect with people and build relationships. Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.

Pace makes a lot of money with everything he does. He is also very generous. ************* and Tony Robbins just did their Launch Pad program that sold for $997.00. Pace J. Morby is paying for over 500 of his members to get that program. He is doing additional training with the Launch Pad as well. Not to mention the $47 VIP ticket that Dean and Tony had for their week long event. Everyone that signed up Pace paid.  I have no idea how many people signed up. 

Pace is a man and imperfect, however, he is helping so many people with the community he is building. The community that is where I find so much value. Meeting many different people that are on many different levels in their real estate journey. Doing JV deals or just getting answers to questions in real time, for me that is priceless. If you or anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.

If I can answer any questions I will do my best.  

@Misty Amburgy:  Your Comment: "Pace makes a lot of money with everything he does. He is also very generous. If I can answer any questions I will do my best."

Since you asked. I'm just wondering if since he is so generous, has he paid these people back? It seems fair to ask:



AZ Contracting Group LLC LICENSE NUMBER ROC 303463 This information is current as of 2023-08-20 18:21:35

Name : Pace Jordan Morby

Position : Member

Other Positions : MEMBER

7 Disciplined Cases


THIS CONTRACTOR IS NOT ABLE TO CONTRACT WITH THIS LICENSE AT THIS TIME. THIS CONTRACTOR MAY BE OPERATING WITH OTHER CURRENT LICENSES




Business Entity NameAZ Contracting Group LLC
City and State

Tempe, AZ, 85282

Phone(480) 239-1066
Status / ActionRevoked
Status Last Changed On:2021-07-27


Name : Pace Jordan Morby

Position : Member

Other Positions : MEMBER

7  Disciplined Cases


ADDITIONAL COMPLAINT INFORMATION

TYPECOMPLAINT IDOUTCOMECLOSED DATE (IF CLOSED)
Disciplined2019-04542Legal – Revoked2019-12-09
Disciplined2019-00552Legal - Revocation2019-07-08
Disciplined2019-01410Legal – Revoked2019-07-26
Disciplined2019-01649Legal - Revocation2019-09-03
Disciplined2018-05708Legal - Revocation2019-04-25
Disciplined2018-21Legal - Revocation2019-04-25
Disciplined2018-4172Legal - Revocation2019-04-26
See this reply in the discussion

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  • Oahu, HI · Member since 2020 · 21 posts · 20 votes
    3y

    Hey Jamie,

    Check out post by 
    Kyle Giess He asked about Gator Method and got a few answers. Hope that helps



  • Andrew PostellPro Member
    Lender · Fort Worth, TX · Member since 2016 · 8k+ posts · 6k+ votes
    3y

    @Jamie Stone lots of information out there that has a big price tag on it.  I would suggest to try some local real estate meetup groups. Meetup.com is a good resource for those but some of the groups will also post here on Bigger Pockets Marketplace too. Even facebook might have some good local groups for you. Most of the local groups are completely free.  And as with everything, some will be better than others but at least you won't have to spend a ton of money to learn.  That's what I would suggest to do first.

  • Member since 2023 · 17 posts · 9 votes
    3y

    Jamie,

    The Gator Method has 7 different strategies. Only 3 have been released with each new one released the price of Gator is going up. Is it completive YES. Can you make money....That is up to you and your ability to connect with people and build relationships. Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.

    Pace makes a lot of money with everything he does. He is also very generous. ************* and Tony Robbins just did their Launch Pad program that sold for $997.00. Pace J. Morby is paying for over 500 of his members to get that program. He is doing additional training with the Launch Pad as well. Not to mention the $47 VIP ticket that Dean and Tony had for their week long event. Everyone that signed up Pace paid.  I have no idea how many people signed up. 

    Pace is a man and imperfect, however, he is helping so many people with the community he is building. The community that is where I find so much value. Meeting many different people that are on many different levels in their real estate journey. Doing JV deals or just getting answers to questions in real time, for me that is priceless. If you or anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.

    If I can answer any questions I will do my best.  

  • Investor · Lake Oswego, OR · Member since 2022 · 36 posts · 19 votes
    3y
    Quote from @Misty Amburgy:

    Jamie,

    The Gator Method has 7 different strategies. Only 3 have been released with each new one released the price of Gator is going up. Is it completive YES. Can you make money....That is up to you and your ability to connect with people and build relationships. Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.

    Pace makes a lot of money with everything he does. He is also very generous. ************* and Tony Robbins just did their Launch Pad program that sold for $997.00. Pace J. Morby is paying for over 500 of his members to get that program. He is doing additional training with the Launch Pad as well. Not to mention the $47 VIP ticket that Dean and Tony had for their week long event. Everyone that signed up Pace paid.  I have no idea how many people signed up. 

    Pace is a man and imperfect, however, he is helping so many people with the community he is building. The community that is where I find so much value. Meeting many different people that are on many different levels in their real estate journey. Doing JV deals or just getting answers to questions in real time, for me that is priceless. If you or anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.

    If I can answer any questions I will do my best.  

    Hi Misty,
    I’ve been a gator myself more since July. I have not regretted it. 

    Jamie
  • Member since 2023 · 17 posts · 9 votes
    3y
    Quote from @Jamie Stone:
    Quote from @Misty Amburgy:

    Jamie,

    The Gator Method has 7 different strategies. Only 3 have been released with each new one released the price of Gator is going up. Is it completive YES. Can you make money....That is up to you and your ability to connect with people and build relationships. Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.

    Pace makes a lot of money with everything he does. He is also very generous. ************* and Tony Robbins just did their Launch Pad program that sold for $997.00. Pace J. Morby is paying for over 500 of his members to get that program. He is doing additional training with the Launch Pad as well. Not to mention the $47 VIP ticket that Dean and Tony had for their week long event. Everyone that signed up Pace paid.  I have no idea how many people signed up. 

    Pace is a man and imperfect, however, he is helping so many people with the community he is building. The community that is where I find so much value. Meeting many different people that are on many different levels in their real estate journey. Doing JV deals or just getting answers to questions in real time, for me that is priceless. If you or anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.

    If I can answer any questions I will do my best.  

    Hi Misty,
    I’ve been a gator myself more since July. I have not regretted it. 

    Jamie

     Sweet Jamie

    I would like to connect and hear more about your story and see how I can help you.

  • Joe S.Pro Member
    Investor · San Antonio · Member since 2020 · 3k+ posts · 3k+ votes
    3y

    It appears Misty works for Pace. Look at her other post on the forms.

  • Investor · Scottsdale Austin Tuktoyaktuk · Member since 2021 · 4k+ posts · 4k+ votes
    3y
    Quote from @Misty Amburgy:

    Jamie,

    The Gator Method has 7 different strategies. Only 3 have been released with each new one released the price of Gator is going up. Is it completive YES. Can you make money....That is up to you and your ability to connect with people and build relationships. Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.

    Pace makes a lot of money with everything he does. He is also very generous. ************* and Tony Robbins just did their Launch Pad program that sold for $997.00. Pace J. Morby is paying for over 500 of his members to get that program. He is doing additional training with the Launch Pad as well. Not to mention the $47 VIP ticket that Dean and Tony had for their week long event. Everyone that signed up Pace paid.  I have no idea how many people signed up. 

    Pace is a man and imperfect, however, he is helping so many people with the community he is building. The community that is where I find so much value. Meeting many different people that are on many different levels in their real estate journey. Doing JV deals or just getting answers to questions in real time, for me that is priceless. If you or anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.

    If I can answer any questions I will do my best.  

    @Misty Amburgy:  Your Comment: "Pace makes a lot of money with everything he does. He is also very generous. If I can answer any questions I will do my best."

    Since you asked. I'm just wondering if since he is so generous, has he paid these people back? It seems fair to ask:



    AZ Contracting Group LLC LICENSE NUMBER ROC 303463 This information is current as of 2023-08-20 18:21:35

    Name : Pace Jordan Morby

    Position : Member

    Other Positions : MEMBER

    7 Disciplined Cases


    THIS CONTRACTOR IS NOT ABLE TO CONTRACT WITH THIS LICENSE AT THIS TIME. THIS CONTRACTOR MAY BE OPERATING WITH OTHER CURRENT LICENSES




    Business Entity NameAZ Contracting Group LLC
    City and State

    Tempe, AZ, 85282

    Phone(480) 239-1066
    Status / ActionRevoked
    Status Last Changed On:2021-07-27


    Name : Pace Jordan Morby

    Position : Member

    Other Positions : MEMBER

    7  Disciplined Cases


    ADDITIONAL COMPLAINT INFORMATION

    TYPECOMPLAINT IDOUTCOMECLOSED DATE (IF CLOSED)
    Disciplined2019-04542Legal – Revoked2019-12-09
    Disciplined2019-00552Legal - Revocation2019-07-08
    Disciplined2019-01410Legal – Revoked2019-07-26
    Disciplined2019-01649Legal - Revocation2019-09-03
    Disciplined2018-05708Legal - Revocation2019-04-25
    Disciplined2018-21Legal - Revocation2019-04-25
    Disciplined2018-4172Legal - Revocation2019-04-26
  • Investor · Scottsdale Austin Tuktoyaktuk · Member since 2021 · 4k+ posts · 4k+ votes
    3y
    Quote from @Account Closed:
    Quote from @Misty Amburgy:

    Jamie,

    The Gator Method has 7 different strategies. Only 3 have been released with each new one released the price of Gator is going up. Is it completive YES. Can you make money....That is up to you and your ability to connect with people and build relationships. Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.

    Pace makes a lot of money with everything he does. He is also very generous. ************* and Tony Robbins just did their Launch Pad program that sold for $997.00. Pace J. Morby is paying for over 500 of his members to get that program. He is doing additional training with the Launch Pad as well. Not to mention the $47 VIP ticket that Dean and Tony had for their week long event. Everyone that signed up Pace paid.  I have no idea how many people signed up. 

    Pace is a man and imperfect, however, he is helping so many people with the community he is building. The community that is where I find so much value. Meeting many different people that are on many different levels in their real estate journey. Doing JV deals or just getting answers to questions in real time, for me that is priceless. If you or anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.

    If I can answer any questions I will do my best.  

    @Misty Amburgy:  Your Comment: "Pace makes a lot of money with everything he does. He is also very generous. If I can answer any questions I will do my best."

    Since you asked. I'm just wondering if since he is so generous, has he paid these people back? It seems fair to ask:



    AZ Contracting Group LLC LICENSE NUMBER ROC 303463 This information is current as of 2023-08-20 18:21:35

    Name : Pace Jordan Morby

    Position : Member

    Other Positions : MEMBER

    7 Disciplined Cases


    THIS CONTRACTOR IS NOT ABLE TO CONTRACT WITH THIS LICENSE AT THIS TIME. THIS CONTRACTOR MAY BE OPERATING WITH OTHER CURRENT LICENSES




    Business Entity NameAZ Contracting Group LLC
    City and State

    Tempe, AZ, 85282

    Phone(480) 239-1066
    Status / ActionRevoked
    Status Last Changed On:2021-07-27


    Name : Pace Jordan Morby

    Position : Member

    Other Positions : MEMBER

    7  Disciplined Cases


    ADDITIONAL COMPLAINT INFORMATION

    TYPECOMPLAINT IDOUTCOMECLOSED DATE (IF CLOSED)
    Disciplined2019-04542Legal – Revoked2019-12-09
    Disciplined2019-00552Legal - Revocation2019-07-08
    Disciplined2019-01410Legal – Revoked2019-07-26
    Disciplined2019-01649Legal - Revocation2019-09-03
    Disciplined2018-05708Legal - Revocation2019-04-25
    Disciplined2018-21Legal - Revocation2019-04-25
    Disciplined2018-4172Legal - Revocation2019-04-26

     This the same guy?

    https://www.ksl.com/article/5684021/employees-with-tank-comp... Reddit threads about this and allegedly has his license revoked in Arizona as a GC for numerous violations.

    https://azroc.my.site.com/AZRoc/s/contractor-search?licenseId=a0ot0000000NaFsAAK


  • Rental Property Investor · Northern NJ · Member since 2019 · 673 posts · 677 votes
    3y
    Quote from @Account Closed:

    Business Entity NameAZ Contracting Group LLC
    City and State

    Tempe, AZ, 85282

    Phone(480) 239-1066
    Status / ActionRevoked
    Status Last Changed On:2021-07-27


    Name : Pace Jordan Morby

    Position : Member

    Other Positions : MEMBER

    7  Disciplined Cases


    ADDITIONAL COMPLAINT INFORMATION

    TYPECOMPLAINT IDOUTCOMECLOSED DATE (IF CLOSED)
    Disciplined2019-04542Legal – Revoked2019-12-09
    Disciplined2019-00552Legal - Revocation2019-07-08
    Disciplined2019-01410Legal – Revoked2019-07-26
    Disciplined2019-01649Legal - Revocation2019-09-03
    Disciplined2018-05708Legal - Revocation2019-04-25
    Disciplined2018-21Legal - Revocation2019-04-25
    Disciplined2018-4172Legal - Revocation

     This the same guy?

    https://www.ksl.com/article/5684021/employees-with-tank-comp... Reddit threads about this and allegedly has his license revoked in Arizona as a GC for numerous violations.

    https://azroc.my.site.com/AZRoc/s/contractor-search?licenseI...

    https://wikitia.com/wiki/Pace_Morby

    I'm going with yes. In this article, it says he's from Utah and his dad is named Douglas. Same name in the article you posted which said Pace's dad is in federal prison. Curious to see how this all plays out if its true. 

    https://wikitia.com/wiki/Pace_Morby

  • Investor · Scottsdale Austin Tuktoyaktuk · Member since 2021 · 4k+ posts · 4k+ votes
    3y
    Quote from @Mark F.:
    Quote from @Account Closed:

    Business Entity NameAZ Contracting Group LLC
    City and State

    Tempe, AZ, 85282

    Phone(480) 239-1066
    Status / ActionRevoked
    Status Last Changed On:2021-07-27


    Name : Pace Jordan Morby

    Position : Member

    Other Positions : MEMBER

    7  Disciplined Cases


    ADDITIONAL COMPLAINT INFORMATION

    TYPECOMPLAINT IDOUTCOMECLOSED DATE (IF CLOSED)
    Disciplined2019-04542Legal – Revoked2019-12-09
    Disciplined2019-00552Legal - Revocation2019-07-08
    Disciplined2019-01410Legal – Revoked2019-07-26
    Disciplined2019-01649Legal - Revocation2019-09-03
    Disciplined2018-05708Legal - Revocation2019-04-25
    Disciplined2018-21Legal - Revocation2019-04-25
    Disciplined2018-4172Legal - Revocation

     This the same guy?

    https://www.ksl.com/article/5684021/employees-with-tank-comp... Reddit threads about this and allegedly has his license revoked in Arizona as a GC for numerous violations.

    https://azroc.my.site.com/AZRoc/s/contractor-search?licenseI...

    https://wikitia.com/wiki/Pace_Morby

    I'm going with yes. In this article, it says he's from Utah and his dad is named Douglas. Same name in the article you posted which said Pace's dad is in federal prison. Curious to see how this all plays out if its true. 

    https://wikitia.com/wiki/Pace_Morby

    Well, while I don't blame a man for something his dad did, I do expect a man who is making a lot of money to make right by the people he has ripped off.

    If he treated people who trusted him this way, it won't end well for his current scheme.
  • Investor · Lake Oswego, OR · Member since 2022 · 36 posts · 19 votes
    3y
    Quote from @Misty Amburgy:
    Quote from @Jamie Stone:
    Quote from @Misty Amburgy:

    Jamie,

    The Gator Method has 7 different strategies. Only 3 have been released with each new one released the price of Gator is going up. Is it completive YES. Can you make money....That is up to you and your ability to connect with people and build relationships. Will most people fail, unfortunately, yes weather they join the Gator Tribe of something else.

    Pace makes a lot of money with everything he does. He is also very generous. ************* and Tony Robbins just did their Launch Pad program that sold for $997.00. Pace J. Morby is paying for over 500 of his members to get that program. He is doing additional training with the Launch Pad as well. Not to mention the $47 VIP ticket that Dean and Tony had for their week long event. Everyone that signed up Pace paid.  I have no idea how many people signed up. 

    Pace is a man and imperfect, however, he is helping so many people with the community he is building. The community that is where I find so much value. Meeting many different people that are on many different levels in their real estate journey. Doing JV deals or just getting answers to questions in real time, for me that is priceless. If you or anyone wants the wholesale contract that is written so you get you EMD back if the deal doesn't close just hit me up I will share that at absolutely no charge.

    If I can answer any questions I will do my best.  

    Hi Misty,
    I’ve been a gator myself more since July. I have not regretted it. 

    Jamie

     Sweet Jamie

    I would like to connect and hear more about your story and see how I can help you.

    Sure, let’s connect on the Facebook group. 

    Jamie
  • Member since 2019 · 2 posts · 4 votes
    3y

    Like Misty and Jamie, I'm a Gator and also a Subto member.

    Like you and Misty, I’m a Gator. I joined Gator is April of ’22 and Subto a month after that in May ’23.

    Jamie, you asked for feedback from a member of Subto, and here’s mine. First however, I think it’s important to know why you’re interested in a mentorship program first – before you can adequately determine its value or worth. Asking is it worth it is like asking does it taste good – what do you expect it to taste like? What do you expect to get out of it first – then did you get it – then have those expectations been exceeded?

    In short - here are the reasons I pivoted to Real Estate Investing:

    • All the benefits of Real Estate + growing STR options
    • Inflation raging at 10%/mo
    • Currency wars and what or who will win them (Prec Metl or CDBC, etc.)
    • Equities markets receive derivative pressures from credit markets and pressures on US dollar
    • Realistic 10+ year opportunity in using Creative Financing, given monetary policies.
    • Global disruption and impact analysis of COVID to businesses (small/large) and individuals

    What I was (originally) looking to get out of the program:

    • Better understanding of Real Estate and it’s Market
    • Locally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)
    • Improvement in comfort level working in REI and learning "on the job"
    • A community where I could find deals, connect with ppl for help and ask questions, etc.
    • Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategies
    • Anonymity strategies
    • Access to vetted contracts for traditional, creative and gator (EMD) Real Estate deals

    My experience and feedback based on my expectations:

    • Great original 6 week mentorship program.
      • I went through the course work, completed the assignments and learned a bit more about REI and rounding our some terms and filling in some gaps.
    • Community was outstanding. There were ppl taking the course worth with me, but it was not interactive (which worked for me.) I was fitting this into an awkward schedule.
    • The Facebook group was welcoming and fun to lurk and read posts, getting a feel for the community.
    • Contracts in the document library were great – but overwhelming (you’ll see this phrase a lot)
      • This was a main value for me – hiring lawyers to write contracts without knowing potential pitfalls or where I could/could not protect myself was a major concern.
    • These contracts are worth the price of admission and only available w/in community.
    • These contracts cover Joint Ventures (JVs) between parties, Creative Deals and non-creative deals, WRAPs, RVs, Automobiles, Leas Options, Wholesale Assignments, Hybrid docs and more.
    • I haven’t actually gone through all of them yet.

    Tens of Thousands of dollars have been spent refining these contracts and just having access to this library was worth the price. These contracts and discussions within the community are augmented by the real world applications of the same, as well as the corporate structure necessary to provide all the protections and benefits.

    The real question is - would I use them? Would I apply what I’ve learned? This is where the investment either does or does not translate into value. And this, in my opinion, is where mentorship programs get some negative reviews. Often the member is committed to completing and utilizing whatever material at the beginning of the program, but after a few weeks or months and life starts happening again, they get pulled back by the gravity of the familiar and stop or don’t apply what was learned. E.g. Reviews are relative. Quickly addressing some of the comments posting articles about Pace from 2009, I can’t speak to past or pending litigation. However, like many, I too start with the negative reviews on Amazon. The ones that are important are the ones about the product. Not about the vendor, or delivery, something else that has nothing to do with the product. Each review has a story and each has it’s place. It would be nice to have a category for those reviews so I could search for product only. It’s similar to the article about Pace’s litigation. What I’ve learned in Subto, is that no contract is the same and the devil is in the details. There are many reasons why things can look bad on the outside, but they really aren’t. This is also why two parties go to court or arbitration, they differ in their interpretation of typically very clear language in the contract and one or the other doesn’t want to honor it. A story that does not clearly lay out the language of the contract, the dispute and both parties position (which is rarely if ever done) is only positioning for public support for one side to sell clicks or advertising. I’m just saying take reviews, articles and other forms of information at face value and never discount the source. Public sentiment is powerful and negativity certainly garners more likes, clicks and ad revenue that positive stores. I think the ratio used to be 10:1, but may be more near 100:1. But, I digress.

    What additional items, value I got out of the program:

    • Community, community, community
      • Great friends and business partners
    • This is not unique to Subto, as seen here in BP. But it is an added value over and above the mentorship/course contract.
    • 6 new LLCs and partnerships in the first 9 months
    • Local Subto Meetups. Each state or big metro area across the country has a group with members/leadership that help keep everyone together and connected. *I haven’t been able to make many in the past several months, but they happen all the time. If you travel to another state, you can make a post, find a Subto member in that city and feel right at home. (I’m sure it’s very similar to BP too, but I don’t know for sure.)
    • LIVE, weekly Zooms, trainings and calls, across all the different groups/avatars
    • Zooms about all sorts of helpful things:
      • Estate Planning (Trusts) and other entities
    • Acquisitions, Underwriting
    • Agent Outreach, Flipping
    • Personal Development (finding your avatar = what you’re really good at and what excites you)
    • Creative Financing Strategies, Handling Objections,
    • Disposition (Dispo), Exit Strategies, Seller Calls,
    • Land Deals, Rentals,
    • Multi-Family, Pre-Foreclosure, Raising Private Capital
    • I COULD GO ON AND ON – there are literally thousands of videos and saved Zooms in the Vault

    This was and still is, the biggest surprise to me. The mentorship only last for 6-9 weeks or something, but you get the very helpful content in the program, but you also get all of the above + more intangibles, all of which I can't list here. Pace puts out so much content that I seriously don't know how he does it. But anyone who's wished that their lives, businesses, or work environments worked more seamlessly together, will appreciate what Pace is building. He has named and nurtured, provided specific training and helped to differentiate each specific segment of the REI ecosystem, but all within this community.

    He has a community that is interested in investing in Real Estate – that's the easy part. But he's also created a document library to help them stay protected. He has done the same for those with capital that funds EMD, PML and HML. He's nurtured and created a group that calls and closes deals, just does the paperwork for deals, is only looking for Fix/Flip deals, leverages those that are just great at connecting these pieces together. Everyone can leverage their strengths and still get a little piece of that deal. He's done it, he's doing it and he helps explain how to get from A to B or wherever you want to be. Pace is building and nurturing all aspects of the Creative Finance REI ecosystem, but he's also building the next generation within the community. He is always encouraging his community (strongly and softly) to help someone. Find a newbie and reach out – help them get their first deal. He's building leaders within the community too.

    What he can’t do and no one can, is vet every person that joins the community. There are deals that go bad and things that happen. People that join for a quick gain and leave a wake of problems behind them, but these are rare and he just recently announced a clever way he’ll be dealing with that too. He’s a businessman and he’s building a business and a brand.

    I’m not drinking any coolaid, but I respect Pace a lot and what he’s done and doing. He encourages ethical behavior, and personal growth. He leads by example because he’s always doing a Zoom about something, contributing to the community and always asking you to figure out where you can too. Does this build his brand? Sure. But would I want to be in a community where I feel scared to take action? No! It might serve his needs too, but his approach fits my temperament and how I want to do business too.

    The biggest risk in joining this mentorship program (community) is not will you get your monies worth or whether it’s of value. It’s maintaining your personal focus and not feeling overwhelmed. There is literally so much available to you, both in the video Vault and happening live every week, that it’s hard to keep up or navigate where to spend your time. There is an opportunity around every corner. I’ve been in the community for just over a year and a half, been involved in probably a dozen deals, and still feel like a newbie at times.

    I hope this helps you and others get a bit of a feel for what’s in the program and what they can expect.

    I would offer two pieces of advice to anyone worried about whether the program will help you.

    One) Figure out what you want to get out of it first. (*This is probably the hardest step) Will the Subto community help me do X? Get me closer to my goal of Y? My buy-box is weird (whatever), is there some training on how to leverage this? After you have done this, then ask or post that question to the forum.

    Two) Join the Creative Real Estate with Pace Morby Facebook Group. There are a lot of Subto students in that group and your specific question (above) will certainly garner some good feedback.

  • Joe S.Pro Member
    Investor · San Antonio · Member since 2020 · 3k+ posts · 3k+ votes
    3y
    Quote from @Randy Opp:

    Like Misty and Jamie, I'm a Gator and also a Subto member.

    Like you and Misty, I’m a Gator. I joined Gator is April of ’22 and Subto a month after that in May ’23.

    Jamie, you asked for feedback from a member of Subto, and here’s mine. First however, I think it’s important to know why you’re interested in a mentorship program first – before you can adequately determine its value or worth. Asking is it worth it is like asking does it taste good – what do you expect it to taste like? What do you expect to get out of it first – then did you get it – then have those expectations been exceeded?

    In short - here are the reasons I pivoted to Real Estate Investing:

    • All the benefits of Real Estate + growing STR options
    • Inflation raging at 10%/mo
    • Currency wars and what or who will win them (Prec Metl or CDBC, etc.)
    • Equities markets receive derivative pressures from credit markets and pressures on US dollar
    • Realistic 10+ year opportunity in using Creative Financing, given monetary policies.
    • Global disruption and impact analysis of COVID to businesses (small/large) and individuals

    What I was (originally) looking to get out of the program:

    • Better understanding of Real Estate and it’s Market
    • Locally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)
    • Improvement in comfort level working in REI and learning "on the job"
    • A community where I could find deals, connect with ppl for help and ask questions, etc.
    • Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategies
    • Anonymity strategies
    • Access to vetted contracts for traditional, creative and gator (EMD) Real Estate deals

    My experience and feedback based on my expectations:

    • Great original 6 week mentorship program.
      • I went through the course work, completed the assignments and learned a bit more about REI and rounding our some terms and filling in some gaps.
    • Community was outstanding. There were ppl taking the course worth with me, but it was not interactive (which worked for me.) I was fitting this into an awkward schedule.
    • The Facebook group was welcoming and fun to lurk and read posts, getting a feel for the community.
    • Contracts in the document library were great – but overwhelming (you’ll see this phrase a lot)
      • This was a main value for me – hiring lawyers to write contracts without knowing potential pitfalls or where I could/could not protect myself was a major concern.
    • These contracts are worth the price of admission and only available w/in community.
    • These contracts cover Joint Ventures (JVs) between parties, Creative Deals and non-creative deals, WRAPs, RVs, Automobiles, Leas Options, Wholesale Assignments, Hybrid docs and more.
    • I haven’t actually gone through all of them yet.

    Tens of Thousands of dollars have been spent refining these contracts and just having access to this library was worth the price. These contracts and discussions within the community are augmented by the real world applications of the same, as well as the corporate structure necessary to provide all the protections and benefits.

    The real question is - would I use them? Would I apply what I’ve learned? This is where the investment either does or does not translate into value. And this, in my opinion, is where mentorship programs get some negative reviews. Often the member is committed to completing and utilizing whatever material at the beginning of the program, but after a few weeks or months and life starts happening again, they get pulled back by the gravity of the familiar and stop or don’t apply what was learned. E.g. Reviews are relative. Quickly addressing some of the comments posting articles about Pace from 2009, I can’t speak to past or pending litigation. However, like many, I too start with the negative reviews on Amazon. The ones that are important are the ones about the product. Not about the vendor, or delivery, something else that has nothing to do with the product. Each review has a story and each has it’s place. It would be nice to have a category for those reviews so I could search for product only. It’s similar to the article about Pace’s litigation. What I’ve learned in Subto, is that no contract is the same and the devil is in the details. There are many reasons why things can look bad on the outside, but they really aren’t. This is also why two parties go to court or arbitration, they differ in their interpretation of typically very clear language in the contract and one or the other doesn’t want to honor it. A story that does not clearly lay out the language of the contract, the dispute and both parties position (which is rarely if ever done) is only positioning for public support for one side to sell clicks or advertising. I’m just saying take reviews, articles and other forms of information at face value and never discount the source. Public sentiment is powerful and negativity certainly garners more likes, clicks and ad revenue that positive stores. I think the ratio used to be 10:1, but may be more near 100:1. But, I digress.

    What additional items, value I got out of the program:

    • Community, community, community
      • Great friends and business partners
    • This is not unique to Subto, as seen here in BP. But it is an added value over and above the mentorship/course contract.
    • 6 new LLCs and partnerships in the first 9 months
    • Local Subto Meetups. Each state or big metro area across the country has a group with members/leadership that help keep everyone together and connected. *I haven’t been able to make many in the past several months, but they happen all the time. If you travel to another state, you can make a post, find a Subto member in that city and feel right at home. (I’m sure it’s very similar to BP too, but I don’t know for sure.)
    • LIVE, weekly Zooms, trainings and calls, across all the different groups/avatars
    • Zooms about all sorts of helpful things:
      • Estate Planning (Trusts) and other entities
    • Acquisitions, Underwriting
    • Agent Outreach, Flipping
    • Personal Development (finding your avatar = what you’re really good at and what excites you)
    • Creative Financing Strategies, Handling Objections,
    • Disposition (Dispo), Exit Strategies, Seller Calls,
    • Land Deals, Rentals,
    • Multi-Family, Pre-Foreclosure, Raising Private Capital
    • I COULD GO ON AND ON – there are literally thousands of videos and saved Zooms in the Vault

    This was and still is, the biggest surprise to me. The mentorship only last for 6-9 weeks or something, but you get the very helpful content in the program, but you also get all of the above + more intangibles, all of which I can't list here. Pace puts out so much content that I seriously don't know how he does it. But anyone who's wished that their lives, businesses, or work environments worked more seamlessly together, will appreciate what Pace is building. He has named and nurtured, provided specific training and helped to differentiate each specific segment of the REI ecosystem, but all within this community.

    He has a community that is interested in investing in Real Estate – that's the easy part. But he's also created a document library to help them stay protected. He has done the same for those with capital that funds EMD, PML and HML. He's nurtured and created a group that calls and closes deals, just does the paperwork for deals, is only looking for Fix/Flip deals, leverages those that are just great at connecting these pieces together. Everyone can leverage their strengths and still get a little piece of that deal. He's done it, he's doing it and he helps explain how to get from A to B or wherever you want to be. Pace is building and nurturing all aspects of the Creative Finance REI ecosystem, but he's also building the next generation within the community. He is always encouraging his community (strongly and softly) to help someone. Find a newbie and reach out – help them get their first deal. He's building leaders within the community too.

    What he can’t do and no one can, is vet every person that joins the community. There are deals that go bad and things that happen. People that join for a quick gain and leave a wake of problems behind them, but these are rare and he just recently announced a clever way he’ll be dealing with that too. He’s a businessman and he’s building a business and a brand.

    I’m not drinking any coolaid, but I respect Pace a lot and what he’s done and doing. He encourages ethical behavior, and personal growth. He leads by example because he’s always doing a Zoom about something, contributing to the community and always asking you to figure out where you can too. Does this build his brand? Sure. But would I want to be in a community where I feel scared to take action? No! It might serve his needs too, but his approach fits my temperament and how I want to do business too.

    The biggest risk in joining this mentorship program (community) is not will you get your monies worth or whether it’s of value. It’s maintaining your personal focus and not feeling overwhelmed. There is literally so much available to you, both in the video Vault and happening live every week, that it’s hard to keep up or navigate where to spend your time. There is an opportunity around every corner. I’ve been in the community for just over a year and a half, been involved in probably a dozen deals, and still feel like a newbie at times.

    another ad? 

  • Member since 2019 · 2 posts · 4 votes
    3y
    Quote from @Joe S.:
    Quote from @Randy Opp:

    Like Misty and Jamie, I'm a Gator and also a Subto member.

    Like you and Misty, I’m a Gator. I joined Gator is April of ’22 and Subto a month after that in May ’23.

    Jamie, you asked for feedback from a member of Subto, and here’s mine. First however, I think it’s important to know why you’re interested in a mentorship program first – before you can adequately determine its value or worth. Asking is it worth it is like asking does it taste good – what do you expect it to taste like? What do you expect to get out of it first – then did you get it – then have those expectations been exceeded?

    In short - here are the reasons I pivoted to Real Estate Investing:

    • All the benefits of Real Estate + growing STR options
    • Inflation raging at 10%/mo
    • Currency wars and what or who will win them (Prec Metl or CDBC, etc.)
    • Equities markets receive derivative pressures from credit markets and pressures on US dollar
    • Realistic 10+ year opportunity in using Creative Financing, given monetary policies.
    • Global disruption and impact analysis of COVID to businesses (small/large) and individuals

    What I was (originally) looking to get out of the program:

    • Better understanding of Real Estate and it’s Market
    • Locally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)
    • Improvement in comfort level working in REI and learning "on the job"
    • A community where I could find deals, connect with ppl for help and ask questions, etc.
    • Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategies
    • Anonymity strategies
    • Access to vetted contracts for traditional, creative and gator (EMD) Real Estate deals

    My experience and feedback based on my expectations:

    • Great original 6 week mentorship program.
      • I went through the course work, completed the assignments and learned a bit more about REI and rounding our some terms and filling in some gaps.
    • Community was outstanding. There were ppl taking the course worth with me, but it was not interactive (which worked for me.) I was fitting this into an awkward schedule.
    • The Facebook group was welcoming and fun to lurk and read posts, getting a feel for the community.
    • Contracts in the document library were great – but overwhelming (you’ll see this phrase a lot)
      • This was a main value for me – hiring lawyers to write contracts without knowing potential pitfalls or where I could/could not protect myself was a major concern.
    • These contracts are worth the price of admission and only available w/in community.
    • These contracts cover Joint Ventures (JVs) between parties, Creative Deals and non-creative deals, WRAPs, RVs, Automobiles, Leas Options, Wholesale Assignments, Hybrid docs and more.
    • I haven’t actually gone through all of them yet.

    Tens of Thousands of dollars have been spent refining these contracts and just having access to this library was worth the price. These contracts and discussions within the community are augmented by the real world applications of the same, as well as the corporate structure necessary to provide all the protections and benefits.

    The real question is - would I use them? Would I apply what I’ve learned? This is where the investment either does or does not translate into value. And this, in my opinion, is where mentorship programs get some negative reviews. Often the member is committed to completing and utilizing whatever material at the beginning of the program, but after a few weeks or months and life starts happening again, they get pulled back by the gravity of the familiar and stop or don’t apply what was learned. E.g. Reviews are relative. Quickly addressing some of the comments posting articles about Pace from 2009, I can’t speak to past or pending litigation. However, like many, I too start with the negative reviews on Amazon. The ones that are important are the ones about the product. Not about the vendor, or delivery, something else that has nothing to do with the product. Each review has a story and each has it’s place. It would be nice to have a category for those reviews so I could search for product only. It’s similar to the article about Pace’s litigation. What I’ve learned in Subto, is that no contract is the same and the devil is in the details. There are many reasons why things can look bad on the outside, but they really aren’t. This is also why two parties go to court or arbitration, they differ in their interpretation of typically very clear language in the contract and one or the other doesn’t want to honor it. A story that does not clearly lay out the language of the contract, the dispute and both parties position (which is rarely if ever done) is only positioning for public support for one side to sell clicks or advertising. I’m just saying take reviews, articles and other forms of information at face value and never discount the source. Public sentiment is powerful and negativity certainly garners more likes, clicks and ad revenue that positive stores. I think the ratio used to be 10:1, but may be more near 100:1. But, I digress.

    What additional items, value I got out of the program:

    • Community, community, community
      • Great friends and business partners
    • This is not unique to Subto, as seen here in BP. But it is an added value over and above the mentorship/course contract.
    • 6 new LLCs and partnerships in the first 9 months
    • Local Subto Meetups. Each state or big metro area across the country has a group with members/leadership that help keep everyone together and connected. *I haven’t been able to make many in the past several months, but they happen all the time. If you travel to another state, you can make a post, find a Subto member in that city and feel right at home. (I’m sure it’s very similar to BP too, but I don’t know for sure.)
    • LIVE, weekly Zooms, trainings and calls, across all the different groups/avatars
    • Zooms about all sorts of helpful things:
      • Estate Planning (Trusts) and other entities
    • Acquisitions, Underwriting
    • Agent Outreach, Flipping
    • Personal Development (finding your avatar = what you’re really good at and what excites you)
    • Creative Financing Strategies, Handling Objections,
    • Disposition (Dispo), Exit Strategies, Seller Calls,
    • Land Deals, Rentals,
    • Multi-Family, Pre-Foreclosure, Raising Private Capital
    • I COULD GO ON AND ON – there are literally thousands of videos and saved Zooms in the Vault

    This was and still is, the biggest surprise to me. The mentorship only last for 6-9 weeks or something, but you get the very helpful content in the program, but you also get all of the above + more intangibles, all of which I can't list here. Pace puts out so much content that I seriously don't know how he does it. But anyone who's wished that their lives, businesses, or work environments worked more seamlessly together, will appreciate what Pace is building. He has named and nurtured, provided specific training and helped to differentiate each specific segment of the REI ecosystem, but all within this community.

    He has a community that is interested in investing in Real Estate – that's the easy part. But he's also created a document library to help them stay protected. He has done the same for those with capital that funds EMD, PML and HML. He's nurtured and created a group that calls and closes deals, just does the paperwork for deals, is only looking for Fix/Flip deals, leverages those that are just great at connecting these pieces together. Everyone can leverage their strengths and still get a little piece of that deal. He's done it, he's doing it and he helps explain how to get from A to B or wherever you want to be. Pace is building and nurturing all aspects of the Creative Finance REI ecosystem, but he's also building the next generation within the community. He is always encouraging his community (strongly and softly) to help someone. Find a newbie and reach out – help them get their first deal. He's building leaders within the community too.

    What he can’t do and no one can, is vet every person that joins the community. There are deals that go bad and things that happen. People that join for a quick gain and leave a wake of problems behind them, but these are rare and he just recently announced a clever way he’ll be dealing with that too. He’s a businessman and he’s building a business and a brand.

    I’m not drinking any coolaid, but I respect Pace a lot and what he’s done and doing. He encourages ethical behavior, and personal growth. He leads by example because he’s always doing a Zoom about something, contributing to the community and always asking you to figure out where you can too. Does this build his brand? Sure. But would I want to be in a community where I feel scared to take action? No! It might serve his needs too, but his approach fits my temperament and how I want to do business too.

    The biggest risk in joining this mentorship program (community) is not will you get your monies worth or whether it’s of value. It’s maintaining your personal focus and not feeling overwhelmed. There is literally so much available to you, both in the video Vault and happening live every week, that it’s hard to keep up or navigate where to spend your time. There is an opportunity around every corner. I’ve been in the community for just over a year and a half, been involved in probably a dozen deals, and still feel like a newbie at times.

    another ad? 

    Interesting, but nope - not another ad or an ad at all. How would you want someone to reply if you posted a question?  There's a great deal of respect and honesty in BP and I appreciate that.  

    For context:
    I bought my first STR in the summer of 2021. Not really knowing anything about what I was doing. After 25 years in IT, I was tired of it and wanted something that would provide more time for me and my family (24-7 on-call, gets old). I decided to pivot in 2018.

    So, 1st STR in the summer of 2021 and then joined Bigger Pockets in Jan of 2022, then Gators in April of 2022 and then Subto in May of 2022. It hasn't been a slow burn, but I've tried to be thorough. Anyone who joins a community typically needs something or is looking for something. I was trying to help. If it's too much and you'd prefer - "It's great, you won't regret it!" then you're a rare bread. An accumulation of those responses can sway you with these consistent replies but they won't help most people. I was trying to provide my honest impression of the program and in doing so, wanted to be clear and thorough.

    If I like a movie or a new place to eat, I'll typically share my impression if asked. That's it. Take it for what it's worth, it took me about 30 minutes to put it all down in a way that might help Jamie or anyone else who will read my response. I didn't get paid for my time, I was just offering my assessment.

    To reiterate, value isn't just about money.  If you don't know what you're expecting to get out of any program, class, seminar, employment choice (Subto, BP, Tony Robbins, etc.) you'll never get your monies worth.  You'll always move the goal posts to justify a result. And often will keep searching for something that will make you 'feel good'...until it doesn't. For me - Subto has been tremendously helpful for me.

    The post wasn't about BP, which I thoroughly enjoy visit regularly and use the online calc tools incredibly often.

    ~ Randy
  • Rental Property Investor · Rohnert Park, CA · Member since 2014 · 307 posts · 160 votes
    2y

    I’m getting every penny out of joining the Gator community!

    I have found people to partner with to do deals, and have earned back double my cost of joining after only being in the group for 1 year. 
    I have been on BP for 10 years and never found people to do deals with, so Pace’s tribe has been way more beneficial for me.

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