12 Days of Christmas Challenge with Pace: A Six-Day Recap of Real Estate Mastery

Get ready for a thrilling recap of Pace Morby's 12 Days of Christmas Challenge! From December 14th to 19th, we embarked on an exhilarating journey with real estate gurus. Karolyn and Miron Briley took us on an inspiring ride from zero to a whopping $7M in multifamily real estate, revealing the secrets of creative financing. Lance Riggen turned networking into an art form, showing us how to build our brand on social media with flair. Vincent Lanza unpacked the exciting world of creative finance, making deal analysis seem like a treasure hunt. Jade Jarvis transformed the mundane task of paperwork into a key to success, while Alexis Morgan demystified the world of real estate funding with her savvy insights. And finally, April Juliano showed us the power of connections, turning social media and local meetups into goldmines for real estate opportunities. Each day was a new adventure, filled with learning, growth, and a whole lot of fun! ??????

Day 4: Journey From $0 to $7M and Getting Started in Multifamily

Highlight: V. Martinez's big win of an iPhone 15 Pro set the tone for Day 4. The focus shifted to identifying whether you're a visionary or an integrator, a crucial step in real estate networking. Participants were encouraged to connect with peers in these roles and share their findings using #TeamWorkTidings.

Key Session: Miron & Karolyn Briley take us on a journey from $0 to $7M and getting started in multifamily

Takeaway: To kickstart your journey in multifamily real estate, begin by compiling lists of potential investment properties and familiarize yourself with their details. Crucially, develop your communication skills to effectively engage with brokers, as building strong relationships with them can be key to uncovering valuable market insights and investment opportunities.

More about Miron & Karolyn Bailey: Karolyn & Miron Briley are a married power couple with 2 kids from DFW TX! They began their real estate journey together 2.5 years ago after they quit their W2’s cold turkey and joined Subto. They’ve since grown a portfolio of 70 doors in Multifamily and 5 SF homes, did a 130M+ fund of fund on a 400+ unit with Veena Jetti, run a wholesale team that does 8-10+ deals/mo, and are now ready to buy a boutique hotel creatively! We love helping new investors get their first (or next) deal with creative finance!

Day 5: Networking With Intention with Lance Riggen

Highlight: Discover effective techniques for building and enhancing your brand's presence on social media, tapping into the vast potential of these platforms to reach and engage your audience. Explore the latest technologies and tools that can maximize your success in the digital space, from analytics software to content management systems, ensuring your brand stays ahead in a competitive market.

Key Insights: Learn the art of storytelling in your branding strategy, understanding the compelling power of a well-told story to connect with your audience on a deeper, more personal level.

Takeaway: Utilizing the right technology and tools is crucial for maximizing the effectiveness of your brand's presence on social media, enhancing engagement and reach. Mastering the art of storytelling is essential in creating a strong, relatable brand identity, fostering a deeper connection with your audience.

More about Lance Riggen: Lance Riggen has been an entrepreneur for over 20 years, happily married with 2 kids and a beautiful grandson! He and his wife have been investing creatively in real estate for about 8 years. They joined the Subto and Gator communities a little over a year ago. It’s been one of the best decisions they've ever made! He loves to travel with his wife, hanging at the beach, hiking, and making new friends.

Day 6: Creative Finance 101 and Running The Numbers On A Deal with Vincent Lanza

Highlight: Explore the realm of creative finance in real estate, where you can delve into the intricacies of 'Subto' for acquiring properties subject to existing mortgages, understand the direct and accessible approach of seller financing, and learn how to blend various financing methods with a hybrid approach, tailoring unique solutions for each property deal.

Key Learning Points: Dive into the world of creative real estate financing, encompassing strategies like 'Subto' for acquiring properties with existing mortgages, the direct approach of seller financing, and the versatile hybrid method that combines various financing techniques for customized property solutions.

Takeaway: The key takeaway in creative real estate financing is understanding the diverse strategies available, from 'Subto' acquisitions and seller financing to hybrid methods, each offering unique and flexible solutions for property investment.

More about Vincent Lanza: Vincent Lanza was one of the first 10 students in Pace’s Subto Community joining in May 2020. He had success obtaining creative deals within the first few weeks of joining Subto and because of a dead lead strategy, which Pace named The Lanza Method. He became the Subto Regional Leader for Northern California and a Mastermind Student. Since May of 2020, he has done multiple subto, seller finance and hybrid deals along with fix and flips, wholesale deals and multi family investments.

Day 7: Proper Paperwork and The Importance of TC with Jade Jarvis

Highlight: Master the essentials of real estate transactions with a focus on proper paperwork, develop critical thinking skills to understand transaction flow and key roles, embrace continuous learning and growth while aiding others in their journey, and learn the importance of overcoming personal barriers for success.

Key Focus Areas: Focus on mastering essential paperwork, analyzing transaction flows and roles, committing to continuous learning and growth, and overcoming personal obstacles for success in real estate.

Takeaway: The takeaway for success in real estate involves mastering essential paperwork, understanding transaction dynamics, continuously learning and growing, and overcoming personal barriers to achieve professional excellence.

More about Jade Jarvis: Jade is a recovering real estate agent! She is a jack of all trades, passionate about organizing chaos, creating time, efficiency and structure so that her energy can go into having more fun and being present! She loves being able to help others do the same. This is her role and she was created for it! She works behind the scenes on Pace’s transaction coordinator team.

Day 8: Funding Your Deals with Alexis Morgan

Highlight: Gain insights into the differences between Private Money Lenders (PML) and Private Money Partners (PMP), learn the art of effectively pitching deals for funding by understanding the mutual benefits and lender motivations, and explore the various structures of funding and lender arrangements in real estate finance.

Key Focus Areas: Key focus areas include differentiating between Private Money Lenders (PML) and Private Money Partners (PMP), mastering the art of pitching deals to highlight mutual benefits and align with lender motivations, and understanding the diverse structures of funding and lender arrangements in the real estate sector.

Takeaway: The key takeaway is understanding the distinction between Private Money Lenders and Private Money Partners, mastering the nuances of pitching real estate deals effectively, and comprehending the various funding and lender structures to optimize your real estate financing strategies.

More about Alexis Morgan: Alexis has rapidly risen as an entrepreneurial force in real estate at just 20 years old, with a track record of over 30 wholesale transactions in a year, demonstrating her market savvy and strategic skill. Her innovative shift to real estate lending addressed a niche, yielding a thriving business with funded transactions exceeding $10 million, highlighting her talent for spotting and exploiting market opportunities.

Day 9: How To Get Started By Leveraging Your Network with April Juliano

Highlight: Discover the power of leveraging social media for networking and sourcing real estate deals, learn effective strategies for finding opportunities through connections with wholesalers and agents, enhance your investment potential by collaborating with fellow investors at local meetups, and contribute to your community by hosting educational seminars that add value and foster growth.

Takeaway: The key takeaway is harnessing the potential of social media for networking and deal-finding in real estate, building fruitful relationships with wholesalers and agents, collaborating with other investors at local meetups for mutual growth, and enriching your community through valuable educational seminars.

More about April Juliano: April Juliano is originally from New Jersey where she owned and operated a growing restaurant right outside of Philadelphia. Looking for warm weather and better opportunities, she sold her restaurant and traveled south to break into one of the hottest real estate markets in the country, Jacksonville FL. Over the past four years she has grown a small wholesale operation into a successful real estate investing business. April primarily focuses on marketing and acquiring properties, while her husband, Mark, manages the construction side of the business for their fix and flips. Business aside, she comes home every day to 4 small children 8, 6, 4 and 3 months and will always say her first job, her hardest job, and her favorite job is being a mom.

Conclusion

The past six days of the 12 Days of Christmas Challenge with Pace have been a whirlwind of learning, networking, and real estate mastery. From winning iPhones and MacBooks to unlocking the secrets of funding and transaction coordination, each day brought new insights and opportunities. As we continue on this transformative journey, each session promises to be both informative and game-changing, setting the stage for continued success in the real estate industry.

Stay tuned for more insights, giveaways, and breakthrough strategies as we progress through this exciting challenge!

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