Is Pace Morby a Scam?

Real Estate Consultant · Evergreen, CO · Member since 2018 · 1k+ posts · 738 votes

Was informed by a credible source that a single Mom of 3 had to move into her car because Pace wouldn't give her a refund. His people pressured her into maxing out her credit cards. These stories are being compiled by an organization forming to take Pace down.

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
1mo
pretty much every guru who has a fullfilment company does the exact same thing. its not unique to Morby by any means.. some of them have lenders lined up for personal loans for the big ticket class's 30 to 40k etc.. Its just how the industry runs..
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Nate Marshall
Real Estate Consultant · Evergreen, CO · Member since 2018 · 1k+ posts · 738 votes
1mo
I just became aware through the same credible source that a lady with MS in a wheelchair is losing her life savings due to Pace and his henchmen. We are gathering more stories everyday from more and more people.
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Nate Marshall

Real Estate Consultant · Evergreen, CO · Member since 2018 · 1k+ posts · 738 votes

1mo

3 posts? So you weren't here until when? Paid by Pace.

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Justin Buswell

Member since 2021 · 57 posts · 38 votes

1mo

I've been in Gator and Subto for years. I don't have time to outline all the stories and issues. Suffice it to say STAY far away from anything Pace Morby. I regret ever hearing his name. Check Trust Pilot and look around. Nightmare stories abound.

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Nate Marshall
Real Estate Consultant · Evergreen, CO · Member since 2018 · 1k+ posts · 738 votes
1mo
1 of 100's of stories. I know of a single mom with 3 kids living in her car now. Many more stories coming out.
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Don KonipolBusiness Member
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
1mo
Nate, have you had any personal dealings with Pace Morby?
It’s a shame that these gurus sell this crap to unsuspecting people and mislead them so thoroughly to expect great results when the methodology they teach is lacking and even if it wasn’t the “student” just doesn’t have the knowledge, experience and or ability to be successful with the program.
@Jay Hinrichs is correct, the actions of Pace Morby’s operation is no different that most other “Las Vegas / Provo, Utah” built marketing programs. Pace Morby and most other gurus are marketers, NOT real estate experts. 40 years ago these marketing companies began hiring not very successful actors as front men for their operation; but that didn’t work out too well because they couldn’t answer anything “off the cuff”. So now they utilize real estate salespeople and package them as “experts”.
About 15 years ago Armando Montelongo’s ex wife told me that after they went broke flipping houses (they were the stars of “flip this house”) Armando went into a state of depression and didn’t leave his house for 6 months. One day they got a call from a Las Vegas marketing firm, flew to Vegas, and the marketing firm developed a “program” for Montelongo to become a guru. In his initial presentations he even said that he went broke as a house flipper - which begged the question why would anyone pay $40k to be “mentored” in real estate by someone who went broke in real estate? However, Montelongo was apparently VERY successful with his guru mentoring program, and although much of the profits went to the marketing company, he still did very well for himself. His students - probably not so much.
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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
1mo
I know Armando and was a back end vendor at his events.. He made bank no doubt. Once the students went through the big 4 day program many realized flipping houses was tough.. So He would mention that he had curated rental properties they could buy go to the back room.. folks came in and they would buy 30 to 50 houses end of the event.. at the time I had a non recourse private 5 year loan model that I would lend to IRA borrowers who put 50% down. And we worked Vegas and Orlando and the students bought these in the 2014 time frame for a few years and I know the homes they bought all doubled at least.. so it was a win win on those deals.. but the education program is as you said very well scripted.
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Nate Marshall
Real Estate Consultant · Evergreen, CO · Member since 2018 · 1k+ posts · 738 votes
4w
I have had interactions with him and his henchmen much the same way that the ICC has interactions with war criminals!
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Stuart UdisPro Member

Attorney · Philadelphia · Member since 2018 · 2k+ posts · 3k+ votes

4w

Is Pace still speaking at BPCON? I saw him in earlier promotions, but he's not listed as a featured speaker.

[email protected]

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Nate Marshall

Real Estate Consultant · Evergreen, CO · Member since 2018 · 1k+ posts · 738 votes

3w

From a Facebook Group for RV Parks: It's becoming more and more common to see disclosures like this on RV park listings, and there's a reason for it. (I saw this one today)

Pace Morby has built a community that's flooded this market with unqualified buyers, bird dogs, and "acquisitions associates" spraying and praying for deals. In practice, that means hundreds, sometimes thousands, of people mobilizing to find a property, then feeding it into their internal groups so a bird dog can pocket $10,000 for sourcing it.

We've had 30+ individual people reach out on a single listing, all from the same community, all running the same script. Ask the right questions and you'll often find several of them claiming to represent the same buyer, without that buyer even knowing.

This hasn't produced a single closed transaction for my company. What it did do was bottleneck our deals. Every time we listed a new park, we'd get 100+ people from this community reaching out in the first 30 days, all asking the same questions and requesting the same information.

The market's response has overwhelmingly been to add qualifying criteria and gates. Nothing complicated, but enough friction to weed out anyone who isn't real. We require direct communication with the principal or their licensed representative. We require proof of funds and a schedule of real estate owned. And early in the conversation, we make clear that if this reaches a contract and there's any attempt to wholesale the deal, there's a financial penalty for it. Pretty basic stuff honestly.

And the "creative financing" pitch is a joke. In well over 99% of cases, it exclusively benefits the buyer at the seller's direct expense. It's not the win-win these people love to claim it is.

This hasn't produced a single closed transaction for me. What it has done is torch the reputation of everyone involved: the community, the bird dogs who don't know better, and the buyers being misrepresented on their behalf.

The problem is none of it matters, because these are the same people not reading the offering materials in the first place. We've had signed NDAs breached, with confidential deal information showing up circulated in groups with thousands of members. Pace and his team will also do nothing to rectify it because their business is not helping people buy properties, its selling access to himself. He doesn't need you to know how to actually buy parks, he needs you delusional enough to believe you can "get rich" buying "passive ownership" RV Parks for zero money down so that you pay him $10k - $50k to join his community.

Qualify your buyers. Protect your sellers. This is why.

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Don KonipolBusiness Member
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
3w
Nobody could explain the whole situation and its consequences better than this post
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Justin Buswell
Member since 2021 · 57 posts · 38 votes
3w
I have been saying since he started pushing RV Parks that this would happen and a year or 2 from now defaults and foreclosures. I am in Subto and Gator and I won't do business with anyone in Subto or Gator. Especially avoid people who have pictures of themselves with Pace Morby.
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Diana KhanPro Member

Attorney · 10451 Mill Run Cir #755 Owings Mills, MD 21117 · Member since 2024 · 631 posts · 216 votes

3w

Quote from @David Hori:

I've been vetting gurus to determine where an investment would return the greatest ROI. Many gurus dangle their network, trainings and resources but few deliver real value. Fewer still actually show-up to deliver the value in-person.

Pace was the only one I encountered who showed up live, who is living these deals out every day and consistently finding ways to deliver (increasing) value to his community. The quality of people in his community is exceptional - yes there are world class experts, yes they hustle and are brilliant. But what's most compelling is that he's managed to curate a group of people who also care for each other and care about HOW they conduct business. They're not out to just make money, but take care of homeowners, business owners, partners, etc and their well-being.

Real estate investing wasn't on my radar - my focus is business acquisition, but once I encountered the Subto community and saw for myself how much they were willing to extend to me for free, I had complete confidence in making the investment.

Peace of mind with such an investment does not come cheap for me... I lost my job in July. I'm living off of cash reserves and burning through it - there is a well dry date looming on the horizon. I'm confident in the value that Pace is creating and what the Subto Community is delivering every day.

@David Hori, I understand why you’re taking the time to vet these programs carefully, especially when the investment is significant. I’ve seen people get excited about a real estate strategy or community and move forward before fully understanding what they are signing up for. I always tell people to slow down and look closely at the agreement, refund terms, financing, and exactly where the risk falls if things do not go as planned.

The same applies to the deals themselves. Do your own due diligence, verify who you are working with, and make sure the numbers and paperwork make sense beyond the success stories. I work around these issues from both the legal and real estate side, and I’ve learned that the paperwork usually tells you much more than the pitch.

I appreciate you starting this conversation, @David Hori. I’d be glad to stay connected and keep exchanging perspectives as you continue looking into different opportunities.

[email protected]240-266-0291

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Don KonipolBusiness Member
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
3w
Diana, do you realize that David Hori has not posted in three years; only posted 3 times all in the early part of this thread; and filled out nothing on his personal page? The obvious conclusion is that he either was a “shill” for Pace Morby or a very enthusiastic early “victim” who was trying to make back his “entry fee” by gaining referral fees for people he led to sign up for the program.
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Adrian Lammersdorf-SciollBusiness Member

Realtor · FL · Member since 2020 · 234 posts · 101 votes

1w

Pace Morby is actually one of my favorite "gurus" there are especially compared to someone like Grant Cardone, but I believe you can get all the information they have through AI, and YouTube videos. The biggest value to these groups is the networking it can bring, along with the accountability.

If you are seeking that, then another option would be to just go on eventbrite and find every event you can, and make a goal of who you want to meet and what you are looking for before going (ex: equity partner, realtor, contractor). As far as accountability, id look at finding a low cost coach or accountability group with experience/reviews.

I've been in many accountability groups that were well worth their cost of usually 50-100 a month. It's been a long time since I had a coach, but that helped me a lot and I was able to get a good one for $80 a session.

[email protected]561-305-2404

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Cloey Green
Member since 2025 · 1 post · 0 votes
1d
I hear you and understand what you are saying. But my thing is is its not marketed or talked about of it being about networking. Thats not why it was originally created or marketed as.
Its marketed as "Mentorship" which just is not true, all content in the modules can be found on YT and most people in the group still dont know what they are doing. It's the blind leading the blind.
Furthermore, the whole idea of paying someone to hold me accountable sounds like a waste of money. If you arent doing it without a coach, why waste your time and money on one?
And that is not the purpose of a coach in its entirety. The purpose is for direction, not to babysit you.
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Stuart UdisPro Member

Attorney · Philadelphia · Member since 2018 · 2k+ posts · 3k+ votes

3d

Sounds like he's moved onto co-living.

[email protected]

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
3d
this to me only works in very small niche markets.. Like I was talking to an investor from Cupertino Ca.. and he has a 4 bd that he puts 2 techies ( apple Google) in each room and charges them 1k a month per.. But that is a rarity doing this for lower income folks to me is a boarding house and full of landmines.
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Don KonipolBusiness Member
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
2d
The thing to realize, is that these gurus are NOT real estate guys; they are salesman, marketing, or business people. The product could be ANYTHING, their personal knowledge of real estate is extremely limited.
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Jamie Parker

Real Estate Investor · Memphis, TN · Member since 2016 · 428 posts · 142 votes

2d

Quote from @David Hori:

I've been vetting gurus to determine where an investment would return the greatest ROI. Many gurus dangle their network, trainings and resources but few deliver real value. Fewer still actually show-up to deliver the value in-person.

Pace was the only one I encountered who showed up live, who is living these deals out every day and consistently finding ways to deliver (increasing) value to his community. The quality of people in his community is exceptional - yes there are world class experts, yes they hustle and are brilliant. But what's most compelling is that he's managed to curate a group of people who also care for each other and care about HOW they conduct business. They're not out to just make money, but take care of homeowners, business owners, partners, etc and their well-being.

Real estate investing wasn't on my radar - my focus is business acquisition, but once I encountered the Subto community and saw for myself how much they were willing to extend to me for free, I had complete confidence in making the investment.

Peace of mind with such an investment does not come cheap for me... I lost my job in July. I'm living off of cash reserves and burning through it - there is a well dry date looming on the horizon. I'm confident in the value that Pace is creating and what the Subto Community is delivering every day.

If you want the biggest ROI, Got to a local Real Estate Meet Up. Going to those meet ups has the been, by far, the most beneficial for me and my real estate Journey. However 10 years ago in one market, the real estate meet up, At the time, did not have a multifamily meeting. Now They have that and more. In the market I am in currently. Creative Financing, Lease purchase, Sub-to, Multifamily, Rentals, Rehabs.

There are a couple meetings that i dont see often Commerical wholesaling and New Construction. Commercial and New Construction requires a little work to get around the right people but those meet up will get you closer to people your would never guess. mostly for 250-350 per year. depending on the area.

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Jamie Parker
Real Estate Investor · Memphis, TN · Member since 2016 · 428 posts · 142 votes
2d
@David Hori
I forgot to mention. Local Real Estate groups have “gurus” come to town to sell you something also. However you get a discount and these “gurus” have been selling the same course for decades in some cases.
What does that mean?
Education is available for less than $10,000. If you get in the game by getting in a community first it’s easier to decide if it’s a right fit first. Then after some time if you want some coaching, then the $10,000-50,000 coach may be something worth looking at if you are building a business doing $10mil dollars or more a year.
***however***
You don’t need a coach in most cases, a mentor or a partner can be a better value. And you can find that networking and doing deals.
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Is Pace Morby a Scam?

Is Pace Morby a Scam?

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