Pace Morby's first real estate deal taught him wholesaling through mistakes. His mentor Bethany called him an asshole to stop him from overthinking and start acting. He didn't know how to run comps, negotiate, or even define a deal, but learned by doing anyway.
My first deal. I'll never forget this. That's amazing. I learned everything I needed to learn to, like, really get started in real estate off of this deal. So here's what happened. Okay. One, I took imperfect action. I generated the leads not knowing even know how to comp. I didn't know how to fill out paperwork. I didn't know how to negotiate, talk to people. I didn't know what a deal was, a deal, any of that kind of stuff. But Bethany kept calling me an asshole. She said, you're a freaking asshole, dude. Can I ask you what that means? You just— you're an asshole that just asks a lot of questions. Okay, that's what it is. Yeah. Stop being an asshole. You just keep— you're a black hole of questions. Okay. Asshole. Okay. I'm like, okay, get it. So she just kept calling me an asshole. Take the action. Shut your mouth and take action. Shut your mouth and take action. You're, you're not going to learn any of this unless you just go out and screw up. And she was the first person that told me it's not just okay to screw up, it's a requirement.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
