Let me know what your hangups are with Subject To in comments! Let's put these to rest TODAY!! Everyone watching this video can use this strategy to get a property like this and I want to show you. So let the questions fly!!!! Also, if you are trying to learn all the details about this strategy, join my SUBTO COMMUNITY now👉🏼subto.sjv.io/g1EY4g
You can also do hipcamping on your Montana property. People come from all over the world to camp at my place to see my burningman art and animals. I live on the verde river
20 acres Wow id say Chop the parcel up and build houses on 1 acre a piece and do what i see people do they list it on MLS before breaking ground and when it sells build it this is really cool and i doubt you see many subto Rich boi houses that are huge and worth millions
Doesn’t Montana have lots of snow and sub zero temperatures during the months that you are going to be renting it out? The months that you are keeping it for personal time seem to be the months to rent it out. I can’t believe it would stay completely booked during the 7 months especially when you could have blizzards and super snow storms preventing guest from getting there.
@@PaceMorby primary residence has a tax free gain of up to $500k if married. What are you talking about? You're starting to sound like every other course peddler giving half assed information to fit your narrative. Any and all primary residences are subject to the 0% capital gains tax if lived in for 2 of the last 5 years. Live in it two years and you can still rent it for a few after and still get the exemption. This makes the effective tax rate much lower on the rest of the gains when you figure the first $500k of a $1.5M gain is tax free.
I'm going to comment this first and then watch the video and if I'm wrong, I'll come back and edit my comment to admit it. But I vividly recall when you first did this deal, you mentioned the seller "coming to" you, and "wanting to work a deal out with you because you're Pace Morby." That's brand. So if this video doesn't discuss building a brand and the leverage of that, I think it's misleading to talk about this deal in a way that insinuates that an investor that doesn't want to build a brand or doesn't have one can do this, too. Correct me if I'm wrong. I'm fine with it if that's the case. I'd also be curious to know how many of your students do deals like this out of the 10,000~ students you have. "If it wasn't for real estate and creative finance, I would be on the streets." Didnt you own several businesses before you ever got into real estate? "My home in Mesa AZ I bought for no money down." Is that Jerry's old house?
If he had decided to go the traditional route in selling his home, the seller could have done a 1031 exchange to avoid capital gains taxes. Then you could have worked with him personally to source a few cash flowing properties he could invest those funds in. I don't see any issues with the route you and the seller decided on, I'm just more curious on what's the deciding factor on which route you decide to go with if it's a win-win for both parties with either option. 🧐
That property can awesomely be a Development Plan Multiple Units 100-200 Commercial Plazas Storage Units Industrial Parks, Waste Management, Electrical Parks, Farming, for continuous Economic Development Infrastructure and Stability Super Assessbility for Rural Developmental Markets, Fundraising Accredited Investors 💰💰💰💰♻️♻️♻️♻️♻️💱💱💱💱
Unfortunately this will not work in my country which is Norway. I checked with a lawyer. Its the sales price that determines the tax not when they get the money. The seller would be have to pay the tax without getting the money. Wish it was like in the US.
This is absolutely insane. No sane person is going to want to be in a second position on a mortgage like bob. Then bob has to hope this thing is rented constantly and if there are any hiccups on executing on cashflow bob gets the shaft
Facts matter So many misleading statements in this message. What about the tax free benefits of selling a primary residence. How did it become $1.7 of gain when previously it was $2.2 and now worth $3.7? Thats actually $1.5 of gain and $500k tax free. Factor in captial gains being some of the lowest taxes possible to pay. Yes he gets 4% rate of retuen but now must oay tax on that and the equity pace gains. I'm not saying owner finance is bad ... But at least tell the damn truth.
Pace I signed up with Pacegives and put my name on the list for homes in Sugarland TX. I am waiting to hear from your team could you help me please? My name is Raheem Giwa.
@@User_91hsj i understand when you do not do research on topics you can be a little ignorant to the truth! Do some research on legality! It’s not only lawful but legal as well ✌🏼✌🏼✌🏼
People really are eating up your bs eh, fast forward 5 years when this guys is knee deep in law suits and looses everything. All of finance and real estate is teachable, but this is not it. Too good to be true?
How can you 🙏 help me get out of foreclosure haven't have much work and I'm a single mom of 2 don't have Noone to help me don't want live in my car or b homeless with my kids and my 🐶 and 🙀 can help me out thanks from Texas:lorena 11/24/24
![ละลาย (LALALYE) - DAOU PITTAYA ต้าห์อู๋ พิทยา [OFFICIAL MV]](http://i.ytimg.com/vi/wo6r9TgausI/mqdefault.jpg)
Let me know what your hangups are with Subject To in comments! Let's put these to rest TODAY!! Everyone watching this video can use this strategy to get a property like this and I want to show you. So let the questions fly!!!!
Also, if you are trying to learn all the details about this strategy, join my SUBTO COMMUNITY now👉🏼subto.sjv.io/g1EY4g
Finally you did the video I wanted to see about your Montana ranch!!!! TY
I've snagged something better for 5 figures only
where is the investor lift link?
link is not working
Pace, can you back me into the 17k payment? 2mm at 4% and 1.7mm at 4% on 10 year term. That math is not adding up.
Thanks Pace, I prefer more of these long format videos, really appreciate you and community. More success
Pace is forever goated
Facts my guy 🎉
Than k u sooooooo much!!
im watchin a lot of vids now to understand the process and make my first deal
now i understand much more
Love this, and thank you for explaining this so it's easier to understand.
Can’t believe you give this info away for free
And people still have the nerve to talk crap in the comments 🤦🏾♂️
@@toddbankscreativefinancech3550lol haters need a job too!!!
Love this video !! So good
You can also do hipcamping on your Montana property.
People come from all over the world to camp at my place to see my burningman art and animals. I live on the verde river
Great seller finance subto overview!
This is awesome! I am so excited about joining the vetted community. Where is the link for Investorlift?
20 acres Wow id say Chop the parcel up and build houses on 1 acre a piece and do what i see people do they list it on MLS before breaking ground and when it sells build it this is really cool and i doubt you see many subto Rich boi houses that are huge and worth millions
I need a Bob in my life. 😂😂😂
Doesn’t Montana have lots of snow and sub zero temperatures during the months that you are going to be renting it out? The months that you are keeping it for personal time seem to be the months to rent it out. I can’t believe it would stay completely booked during the 7 months especially when you could have blizzards and super snow storms preventing guest from getting there.
Man this is good stuff
Wouldn’t Bob have been able to avoid the taxes since he bought a new property?
Yes the first $500k. Also that $800k down payment wouldn't result in a 50% tax rate... That would be assuming that's classified as profit only
No. He purchased it for personal use. You cannot get tax benefits on a personal use home.
@@PaceMorby primary residence has a tax free gain of up to $500k if married. What are you talking about? You're starting to sound like every other course peddler giving half assed information to fit your narrative. Any and all primary residences are subject to the 0% capital gains tax if lived in for 2 of the last 5 years. Live in it two years and you can still rent it for a few after and still get the exemption. This makes the effective tax rate much lower on the rest of the gains when you figure the first $500k of a $1.5M gain is tax free.
14:59 this is the most savage response Iive ever seen
Vrry good info
The problem with that Pace is the legislation of taxes just like they are trying to do right now based on your latest videos
Pace you are a flipping genius! …. Oh, wait 😄
Masterclass
I'm going to comment this first and then watch the video and if I'm wrong, I'll come back and edit my comment to admit it. But I vividly recall when you first did this deal, you mentioned the seller "coming to" you, and "wanting to work a deal out with you because you're Pace Morby."
That's brand. So if this video doesn't discuss building a brand and the leverage of that, I think it's misleading to talk about this deal in a way that insinuates that an investor that doesn't want to build a brand or doesn't have one can do this, too.
Correct me if I'm wrong. I'm fine with it if that's the case. I'd also be curious to know how many of your students do deals like this out of the 10,000~ students you have.
"If it wasn't for real estate and creative finance, I would be on the streets." Didnt you own several businesses before you ever got into real estate?
"My home in Mesa AZ I bought for no money down." Is that Jerry's old house?
If he had decided to go the traditional route in selling his home, the seller could have done a 1031 exchange to avoid capital gains taxes. Then you could have worked with him personally to source a few cash flowing properties he could invest those funds in. I don't see any issues with the route you and the seller decided on, I'm just more curious on what's the deciding factor on which route you decide to go with if it's a win-win for both parties with either option. 🧐
That property can awesomely be a Development Plan Multiple Units 100-200 Commercial Plazas Storage Units Industrial Parks, Waste Management, Electrical Parks, Farming, for continuous Economic Development Infrastructure and Stability Super Assessbility for Rural Developmental Markets, Fundraising Accredited Investors 💰💰💰💰♻️♻️♻️♻️♻️💱💱💱💱
VALUE!!!!!!!!!
do you have a subto in fort myers florida
Investorlift link?
chatgbt is not in the subto community facts 😄✌
Unfortunately this will not work in my country which is Norway. I checked with a lawyer. Its the sales price that determines the tax not when they get the money. The seller would be have to pay the tax without getting the money. Wish it was like in the US.
My dream
This is absolutely insane. No sane person is going to want to be in a second position on a mortgage like bob. Then bob has to hope this thing is rented constantly and if there are any hiccups on executing on cashflow bob gets the shaft
Meanwhile over 400,000 transactions happen like this all year long, all on public record. You just simply are uneducated.
What happens when buyer stops paying to seller (not bank) ?
They dont pay the bank, I do.
What company is renting this out for 13k per week?
Masterminds.
Facts matter
So many misleading statements in this message. What about the tax free benefits of selling a primary residence.
How did it become $1.7 of gain when previously it was $2.2 and now worth $3.7? Thats actually $1.5 of gain and $500k tax free.
Factor in captial gains being some of the lowest taxes possible to pay.
Yes he gets 4% rate of retuen but now must oay tax on that and the equity pace gains.
I'm not saying owner finance is bad ... But at least tell the damn truth.
I need a hard money or private money lender do you got some you can send me out TN
Pace I signed up with Pacegives and put my name on the list for homes in Sugarland TX. I am waiting to hear from your team could you help me please? My name is Raheem Giwa.
Powellfu
🔜🔜🔜🔜🔜🔜🔜
Remember, if the guru wants to ‘teach’ you. He’s making more money off the education than the actual work.
Exactly & whatever they say they do doesn’t mean it’ll automatically work for you
Im in Subto and your missing out!
@@true-n-livingyeah if you dont work at it 😅
@@Eddie__Steffan good for you for violating the original loan doc agreement. Whatcha gonna do when the banks calls the note due on you lol.
@@User_91hsj i understand when you do not do research on topics you can be a little ignorant to the truth! Do some research on legality! It’s not only lawful but legal as well ✌🏼✌🏼✌🏼
People really are eating up your bs eh, fast forward 5 years when this guys is knee deep in law suits and looses everything. All of finance and real estate is teachable, but this is not it. Too good to be true?
How can you 🙏 help me get out of foreclosure haven't have much work and I'm a single mom of 2 don't have Noone to help me don't want live in my car or b homeless with my kids and my 🐶 and 🙀 can help me out thanks from Texas:lorena 11/24/24