Pace, I’ve probably watched damn near every video you put out. This was the best video I’ve ever seen. Talking real numbers, situations, strategies. Made me feel like you were human haha I love your content and appreciate what you give to REI.
Very interesting. In Japan this is called a "gaijin house." It's where a lot of foreigners stay when they first come to Japan if they're not sponsored.
Hey Pace! Jean here from LA, me and my brother AJ have our 1st Padsplit in Atlanta, and now that's operating, cash in cash return is 28% !!! More investors need to do Padsplit! Padsplit's mission to solve the affordable housing crisis is amazing and we're behind their cause all the way! 🙌🙌🙌🙌 So happy you guys are collaborating! 🙌🙌🙌
I did this in 2005 in Bakersfield. Making improvements without permits, pad splits, creative rentals etc. it worked for a while but in the end I lost all of it. The issue is these ghetto tenants know more about the law then most lawyers and will exploit every loophole to skip out on rent. Stay away from the ghetto unless you’re quick flipping. You’re trying to squeeze blood from a turnip I would listen to Molly. She’s right and you’re most likely going to loose out in the end.
Pretty interesting I like all the concept you got my number I want to get involved, but I’m old-school like way back. I need to learn computer skills, but the day I was born I was born creative. I need to hook up, take a chance on me like you did on the property I know with the right people around me I could make money for the circle the community. Thank you.
@@JoeGlascockJr damn, well people have been doing a similar thing before it... put each room on airbnb for 30 days or longer, FB marketplace and the like
Love pace but this doesn’t solve anything for affordability. Most ppl do not want to live with other ppl, and alot of them have kids as well so this isn’t an option. Average Americans need to be able to afford their own place. We need to loosen up building and allow more freedom to build housing
Good luck solving that problem, buddy. This channel is for investors, not humanitarians. Get rich and go build a bunch of units and watch what the tenants do to them. Profit has to be made, unfortunately. Think our federal government and the federal reserve for printing out trillions of dollars and valuing our currency.
whos the girl? she dont wanna see the vision i bought a busted house for 40 down and then spent 40 to fix it paid 155 its now worth 230 pretty typical ratio
![Megan Thee Stallion - Bigger In Texas [Official Video]](http://i.ytimg.com/vi/QxTkZTLWdo4/mqdefault.jpg)
Smartest man in real estate proud to know him and have him as my mentor. Subto!!!
TY ✌️
Pace, I’ve probably watched damn near every video you put out. This was the best video I’ve ever seen. Talking real numbers, situations, strategies. Made me feel like you were human haha I love your content and appreciate what you give to REI.
Very interesting. In Japan this is called a "gaijin house." It's where a lot of foreigners stay when they first come to Japan if they're not sponsored.
I really like this case study style content..Very HGTV🤔
Padsplit is a game changer
Great video sharing with the community of investors an option that'll help many with affordable housing. Keep up the great work Pace and crew!
Extreme value, thank you Pace, Team and PadSplit! I'm in Vegas and I'm in!
Boom!
I need a "Molly" in my life, lol
Hey Pace! Jean here from LA, me and my brother AJ have our 1st Padsplit in Atlanta, and now that's operating, cash in cash return is 28% !!!
More investors need to do Padsplit! Padsplit's mission to solve the affordable housing crisis is amazing and we're behind their cause all the way! 🙌🙌🙌🙌
So happy you guys are collaborating! 🙌🙌🙌
Props to the editor's humor. This is a great video!
Loved this. Do you have a video with PadSplit explaining how they work and how they judge how many sleep a room, etc.?
The editing at 32:12 😂😂love it. Great video, thanks!
Starting to see on the light on
pad spit , split brick ......... Pad Split !
Thanks Pace and Molly !!!! Love you guys!!!!!❤
Thank you Atticus and Nick, this is brilliant for investors and to solve the affordability crisis. Brilliant ideas Pace.💯
Love you, Pace and Molly!! thank you for all you do❤
Amazing content! Pad Split is wild! 🤘🏼
I did this in 2005 in Bakersfield. Making improvements without permits, pad splits, creative rentals etc. it worked for a while but in the end I lost all of it. The issue is these ghetto tenants know more about the law then most lawyers and will exploit every loophole to skip out on rent. Stay away from the ghetto unless you’re quick flipping. You’re trying to squeeze blood from a turnip I would listen to Molly. She’s right and you’re most likely going to loose out in the end.
Thanks Pace, Molly and community. I learn a lot.
Baltimore area - yes, please!
I liked the "marketing flywheel" analogy.
Thanks Pace, Molly and community. I learn a lot.
😊 26:17
I emailed pad split to ask them if they wanted a rental and they never responded 😢
C is for Cash Flow
She lived at the property for free for 43 whopping years . Insane
PadSplit sounds like Student Housing.. each room rents so CF is insane
How much is padsplit's fee?
I'm focusing on pad splits in Cali. Who wants to JV?
Where in socal. Have you worked w them
Molly!!👀
So C is for cashflow... but what is the D for [no joke intended... truly asking]
They said " A is for Avoid", "B is for beware of HOA", "C is for Cashflow", "D is are you Dumb, or Dont get greedy" 😂😅
“In a village of 12,000 people in Wisconsin” 😅
Where will the all those tenants park with no carport?
Lol in Cali they will go into any part of the house they want, even if you didn't pull permits for that area
Bro looked at his wrist with no watch
Love it!
Painful Hold... we can see 2-3 like those a year with enough deal flow volume. Great alternative.
Pretty interesting I like all the concept you got my number I want to get involved, but I’m old-school like way back. I need to learn computer skills, but the day I was born I was born creative. I need to hook up, take a chance on me like you did on the property
I know with the right people around me I could make money for the circle the community. Thank you.
Just join the community.
Bring pad split to Oregon please 😂
Do you need to bring it? Can't you do that?
@@spldrong it isn't supported in my area
@@JoeGlascockJr damn, well people have been doing a similar thing before it... put each room on airbnb for 30 days or longer, FB marketplace and the like
@@spldrong most definitely. This just takes a lot of hassle away. Just delegating those procedures to an outsource company.
Sonar lol😅 @4:02
Love pace but this doesn’t solve anything for affordability. Most ppl do not want to live with other ppl, and alot of them have kids as well so this isn’t an option. Average Americans need to be able to afford their own place. We need to loosen up building and allow more freedom to build housing
Good luck solving that problem, buddy. This channel is for investors, not humanitarians. Get rich and go build a bunch of units and watch what the tenants do to them. Profit has to be made, unfortunately. Think our federal government and the federal reserve for printing out trillions of dollars and valuing our currency.
This guy really used the watermelonium meme in his ad. That's hilarious.
No sale, though.
@Pace who is your ps contact?
First!
😂😂😂😂 @2:50
whos the girl? she dont wanna see the vision
i bought a busted house for 40 down and then spent 40 to fix it
paid 155 its now worth 230
pretty typical ratio
Because kids are not allowed in a padslit then the investors could lower the rents because they are doing extra with padsplit yay
Rents ain’t dropping. Good luck
PadSplit is code for slum lord ...have some decency for Christ sake
You gonna cry?
Could you look any gayer?