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Podcast: Wholesale Hotline | Brent Daniels
Episode: How To Get Your First Real Estate Deal In 7 Days Or Less | Subto Breakout
Description: On today's Wholesale Hotline Podcast (Subto Edition), Pace Morby breaks down why lowballs are necessary to run a business with deal breakdowns.
Show notes -- in this episode we'll cover:
Pace Morby breaks down exactly why a $315K "deal" in Mesa, AZ with a $460K ARV is actually a money-losing trap—despite a $145K spread on paper.
The real math behind flipping: Pace reveals his full cost breakdown including purchase, closing, renovation, holding costs, agent commissions, and concessions—showing how thin margins kill deals.
Why real estate agents label investor offers as "lowball"—and how Pace explain...