From Startups to Passive Income: Steve Luke's Path to Real Estate

Get Creative with Pace Morby

Welcome to a new episode of Get Creative! In this episode, we're joined by Steve Luke, a Subto student and member of the Gator Tribe community. Steve shares his entrepreneurial journey, from starting multiple businesses to transitioning into the world of real estate investing. He discusses the appeal of passive income, the challenges of working with partners, and the valuable lessons he's learned along the way. Throughout the conversation, Steve emphasizes the importance of collaboration, transparency, and taking action, even in the face of failure. This episode is packed with insightful advice and inspiring stories that will motivate you to take your real estate investing to the next level.

Highlights:

"I was looking for the passive angle, after I do the work, then I could actually reap the benefits of some passive investing."

"If you think you are going to be successful quickly, if it ends up being quickly, you're either very lucky or it is something that's not legal”

"I don't like to do any types of transactions at all. If everybody doesn't win, if everybody can't win, then it's not for me."

"Don't be afraid to fail. Fast, the faster you fail, the quicker you can adjust and correct those behaviors and actions to succeed."

Timestamps:

00:00 - Introduction

01:06 - Steve Luke's Background and Entrepreneurial Journey

03:01 - Shifting from Startups to Real Estate Investing

04:03 - Discovering Pace and Joining the Community

06:07 - Challenges and Lessons in Entrepreneurship

10:12 - Steve's Creative Real Estate Deal

14:15 - Negotiating the Deal with the Sellers

18:54 - Posting the Deal in the Sub-Two Community

23:02 - Finalizing the Deal and Lessons Learned

28:09 - Advice for Aspiring Entrepreneurs

► Join The Subto Community & Learn Creative Finance Directly from Pace:

https://paceapproves.com/subto-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast

► 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:

https://pacejmorby.com/exclusive-training-new?el=yt&htrafficsource=desc&utm_medium=video&utm_source=Apple&utm_campaign=getcreativepodcast&utm_content=

► Join Our Free Facebook Group to Connect with Pace and his Students: http://paceapproves.com/freefb-yt?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast

► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions:

https://paceapproves.com/tttc-gc?utm_source=Apple&utm_medium=video&utm_campaign=getcreativepodcast

► 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