The True Cost of Owning Rentals: A Deep Dive

Welcome to a new episode of Get Creative! In this episode, Ashley Kerr and Tony Robinson sit down with Pace Morby and Jamil Damji to discuss the current real estate market, the true cost of owning rental properties, and field questions from a live audience. They share their expertise on creative financing, the risks and opportunities in today's market, and practical tips for new and seasoned investors alike.    Highlights: "Creative finance is like rocket fuel for your real estate deals."   "Always stick to your numbers, no matter what."   "Finding a partner with complementary strengths is crucial."   "The market shift is an opportunity, not a setback."   Timestamps: 03:06 Building Relationships with Agents and Lenders 07:41 Risks in Wholesaling and Creative Financing 13:01 Creative Finance Strategies 14:09 Finding the Right Real Estate Partner 18:21 Safely Investing in Multifamily for Beginners 20:28 Data Sources for Real Estate Investments 22:45 Understanding the Wholesaling Process 27:00 Business Relationship Etiquette 31:40 Additional Costs of Rental Ownership 38:12 Dual Agent Considerations 43:00 Episode Wrap-Up and Final Thoughts   ► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► Want to Become a Private Money Lender? Join Us For The Upcoming LIVE Training this Saturday to Learn How to Lend Money on Real Estate Deals: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/    PLUG IN & SUBSCRIBE Instagram: https://www.instagram.com/pacemorby/  TikTok: https://www.tiktok.com/@pacemorby