All Forum Posts by: Brady Hales

 @Jay Hinrichs thank you for correcting me. I had misread the tone of your first message and the misunderstanding was definitely on my part. I appreciate your patience. When I purchased the mentorship they did try and upsell the mastermind class but I declined it. I have met a few people in the mentorship who have nothing but good to say about it but I just couldn't accept the price for it yet. I don't even have a profitable real estate business yet so why the upsell? Maybe if someone has the money already and are full time Real Estate professionals. But I am not even close to that yet, so I don't think the mastermind he does would be of any use to me yet.

I completely agree with you Mike. Although the Gator Funding Training is included in the training I purchased I haven't really got into it yet. I'm more interested in the longer term plays for wealth building. And if I was in an earlier phase of my life there is absolutely no way I would have purchased it. I think with all forms of education it is imperative to be discerning in your learning and not just blindly follow someone into a big mess. It's important to recognize your own limits with all the risks involved and not get into trouble by just following someone just cause they said to do it. So I 100% agree with you.

@Nate Marshall @Jay Hinrichs

I gave an honest review. But I think no matter what I say here, it wont change your mind.

@Account Closed I apologize I didn't see your post earlier. I will be 100% honest with you. I am not paid by Pace Morby although that would be cool. I have 0 deals and have made $0. Just being honest with you. But I haven't put in any work other than listening to the videos. So it wouldn't really be fair to judge anybody's mentorship value based on my results whether it is paid or free because I haven't put in the work. If you look at one of my earlier posts I did encourage people to check out his free group before considering his mentorship. I am not here to sell his mentorship just give honest opinions. 

I really like the education he provides and for my current situation in life I don't mind paying for education and implementing it over time as I see fit. I spent a whole lot less on his course than I did on my mechanical engineering degree and there were many classes I had to pay for in college that haven't actually advanced my pay potential at all. But the education of the degree was valuable nonetheless. 

So for right now I am happy with what I have received as I feel the education was worth the price. I wasn't so much concerned with making my money back super quick as I was about the actual learning.

Most people won't see it that way and that's totally fine. You may disagree with me on if his mentorship is worth any money and thats fine too. You and me are different. If you dont find his information valuable no worries. 

I really appreciate your opinions and concerns about it all though because it helps me further evaluate and articulate the value I see in his program. And a critical evaluation of others teaching is necessary to preserve and better the quality of the education itself. So your concerns and questions are really important to the investor community because they help others get a better picture on what they are receiving and I appreciate that.

His mentorship may not be for everyone just like a degree in mechanical engineering isnt for everyone. In my opinion the value of the education he and his community offer outweighs the price. But I hope everyone reading this post in the future and may be considering his mentorship take your comments into consideration because if others don't see the value in his mentorship it would be better for them upfront to understand that and find a mentor more similar to yourself in which they truly believe in and could be successful with.

@Johnathan Cummings not fraud. It is line 503 on every closing HUD. You can take anything subject to. As stated, the lender has the right to call the loan due but not the obligation. There are plenty of ways you can protect yourself from due on sale clause.

You can have the seller put the property in a land trust and then assign it to you. You can do an executory contract like an agreement for sale where the deed is transferred to the buyers name but not recorded until the balance is paid off.

If done correctly, both of these prevent the bank from ever seeing in county records that the property was sold. You can also take title in your personal name or LLC but this way should only be done if the mortgage/lender is a big authority like chase, wells fargo, etc.

You also have to make sure you do the insurance correctly. Typically what I have seen a lot of people do is they add an additional policy with the seller as an additional insured and keep the original insurance for 3 - 6 months. After, 3 - 6 months they cancel the sellers original insurance policy and just keep the new one in place. This is done to reduce the likelihood of noticing the property was sold.

But you can take any loan subject to. Almost any lien no matter the position on the property can be taken subject to as it is on the HUD.

@Nathan Frost Creative Real Estate with Pace Morby on facebook have some if you are willing to pay an assignment fee. You can also market to pre-foreclosure situations or even expired listings with little-to-no equity. A lot of the information on these lists are free to little cost to pull them and start making phone calls.

@Kelly Cochran Tony Robinson from the real estate rookie podcast would be a great one to follow. I believe it was him where in one of his episodes he says it doesn't truly have to be 24/7. If there is a true emergency they should call 911 and you can deal with it in the morning. Also, so much of it can be automated nowadays. It is just trying to find those things to get automated. "The Real estate Robinsons" on YouTube would be good to follow. They have some great videos on this topic if memory serves me right;)

@Patty C. the mentorship is different. But there is no need to sign up for it yet. I would go to the boot camp. Get some of the basics down and then make posts in the facebook group "Creative Real Estate with Pace Morby". There are many of his students there that will team up with you for free to show you the ropes and help get your feet on the ground before you pay for the mentorship. That way you can know if it is right for you or not before buying;)

Also, Pace just published his bigger pockets book this last week. It is called Cash without Wealth. It is a great buy to begin understanding the topics he will go over;)

 Sorry. I thought I had included that. It is a facebook group with a lot of helpful people in it;) Pace also has a super helpful yputube channel that is a lot of fun to follow.

@Maximo Dejesus

This is a good probate seller call example with some details in it.

https://youtu.be/IUPG5i4A2UU

I know a lot of people in the "Creative Real Estate with Pace Morby" that actually solely work doing sub-to with probate sellers. You might try there in addition to here on bigger pockets to increase your chances of talking to somebody who has done these types of deals and understands the deal process better.