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Pace Morby Net Worth (2024 Update): Is He Really The Best In The Real Estate Industry?

By: JosiahNov 27, 2023Real Estate
Pace Morby Net Worth ([year] Update): Is He Really The Best In The Real Estate Industry?

Interested in real estate? Pace Morby has been putting his face all over the internet lately in an attempt to attract people who want to earn some money in real estate without having much experience - if that's you, then welcome.

Other folks may have been searching up ways to make some passive income online, and now the algorithm has you down a rabbit hole, looking up guys like Pace and Jerry Norton.

But regardless of how you got here, you're looking through these Pace Morby reviews trying to see which article has the best advice and to see who really knows their stuff when it comes to active real estate investors.

Lucky for you, I've been diving into this stuff for a long time - here's my guide on how to become a real estate investor, by the way.

It's understandable to see the way the market skyrockets and think "dang, if only I had the money to invest." Well, guys like Pace try to help by pitching his ideas on how to get around all that...

...and I'll try to help by analyzing his programs and what he brings to the table.

I'll be digging into the material, some alternative programs, and will figure out if real estate volatility is worth the risk.

Let's fire up our Pace Morby course review!

DISCLAIMER:

This Pace Morby review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Pace Morby churns out content like crazy - which means you'll never run out of informational videos to consume.
  • Lots of ways to interact with your fellow investors via live trainings, Q&A's, nationwide meetups. One Trustpilot review says it's the "best decision I ever made".
  • Pace insists that with "creative financing" you don't need to be rich to invest in real estate, which means there's no more excuses for not making some big bucks.
CONS
  • "99% of networking is lying" - a quote a Reddit user attributes to Pace in the context of networking and making sales. While this means you can get ahead to a short-term sales boost, it also means an overall lack of honesty.
  • Real estate is incredibly volatile. One moment there's a boom and it's a rat race to buy, the next it's a bust and no one can sell - this means you may have to sit on your asset for years...something you may not be able to afford via debt financing.
  • Some of the negative reviews online insist that Pace could have over 1,500 Zoom videos saved up, and while he promotes that as "endless content" - this means you're getting too much (likely outdated) info at once.

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

TLDR - Is There A Pace Morby Scam Going On Here?

pace morby scam

It sounds silly to start a section like this, but apparently there's a lot of searches for "Pace Morby scam", so we figure we'd clear some things up.

Should you hand over your funds to Mr. Morby?

The short answer would be: maybe

To Pace's credit, real estate is the world's oldest wealth-builder for a reason. If you buy a piece of land and wait long enough, it almost always goes up in value. Simple enough, right?

Well, as much as he promotes "creative financing" that allows for students to invest without being rich, that also means you're relying on playing a lot of games with debt...and that's why Pace emphasizes flipping instead of holding.

You could lose everything if you're forced to hold in what was supposed to be a flipping venture.

And while we ran out of room in our pros and cons, it's probably important for you to understand there is no refund policy for Pace's programs.

While it does seem like Morby is good with cultivating a loyal community, your investment is probably better off with a less volatile**, recession-proof** area like the one this Digital Leasing company has been teaching its students for a while.

It removes the day-to-day risks of physical real estate, putting it all online.

The students seem extremely passionate about what they're doing - not just getting by, but creating their own future.

Digital Leasing Legit

That said, if you'd like to hear some more about our Pace Morby review, let's keep on rolling.

Who Benefits From Pace Morby's Program...And Who Doesn't?

Pace Morby course

There are so many real estate gurus out there that it can be tricky to find the right fit for you.

Pace Morby might be for you if...

  1. You're an experienced real estate vet and want to dive deeper
  2. You can handle stress and fluctuating markets well
  3. You've had a good time with other real estate courses (like One Day Flip)

On the other hand, it probably doesn't make sense to join him if...

  1. You've had the rug pulled out by other real estate "experts"
  2. You found the Reddit reviews on Pace and are a little nervous
  3. You aren't confident in the real estate market to provide Return On Investment

Pace Morby Reviews at a 1,000 FT View

pace-morby-whats-inside-subto-program.jpg.webp

Business Model

Pace Morby's courses are all about getting into real estate without having money in the bank - or maybe even a decent credit score.

This includes finding homes, doing repairs, negotiating with banks, sellers, and buyers…apparently, all without spending any money.

What this really means is using a lot of debt, which you may have to use to pay for his high-ticket programs.

Pace sends out a ton of video content he's built up over the years, and he frequently holds webinars and even (pricey) live, in-person meetups. So he's not a lazy guru, by any means.

He also says that you don't have to be too educated on real estate to figure things out.

The nice thing about flipping (this also goes for Airbnb programs like the BNB Formula) is that it's not a long-term hold, so you should theoretically be able to make that big money faster.

What you've got to look out for is an over-saturated market. People are waiting until another market boom to sell, and the cat's out of the bag as far as "making some side money" with real estate.

Come on, everyone's aunt and uncle mentions "real estate" as something to get into.

It's very mainstream, and if you're not prepared to throw your whole life into this thing, you will lose.

There are safer and more reliable choices (like Digital Leasing) for entrepreneurs to beat the 9-5 grind online.

Who Is Pace Morby?

who is pace morby

Pace Morby Net Worth: 35 Million

Born in Utah, Pace Morby is a popular real estate investor who has always been looking for the next hustle - and he has now renovated over 7,000 homes.

He was always hustling, starting a little company in high school and getting into some investments in college.

At first, he worked for others on some prominent iBuyer portfolios. He stacked some cash here, but he figured too much of his cut was going to other people.

However, he took the money he made from all that and used it to kick off his now-patented real estate investment strategy of flipping his own houses and becoming a truly active real estate investor.

It does seem like Morby likely had some good financial connections (family, friends) to start off, as far as we can tell. He claims to never have used bank financing early on, so there is a missing piece of the puzzle.

And now he's renowned in the real estate industry as one of the top creative financing gurus, raking in millions of dollars every year from hungry students who want to know his secrets.

His two most prominent courses are his SubTo coaching program, and his newest entry, Gator Lending.

How Much Do Pace Morby’s Offerings Cost?

pace-morby-how-much-does-it-cost-subto.jpg.webp

While Gator Lending is so new that it's hard to find pricing on it, here is what Pace Morby's SubTo program will cost you:

  1. Core Membership – $7,800: This one is a 6-week video course that'll give you an education on contract creation, marketing management, business scaling, and exit strategies. You get access to a private Facebook group as well as some access to Pace himself.
  2. Standard Membership – $10,800: The "standard" membership extends the course to 11 weeks and incorporates his friend Jamil Damji's Astroflipping program. It also provides a virtual assistant for three months, a complimentary CRM, and a transaction coordinator to handle the nitty-gritty.
  3. Mastermind Membership – $19,000: This bad boy offers everything included in a Standard Membership, but with some extra perks. Now, you'll get a 2-day in-person session with Pace Morby in Arizona, where you'll be allowed to drive around to houses with him. Is it worth the extra $8,000?

Pace offers a free real estate e-book, and he also offers live events and masterminds that can range anywhere between $10,000-$19,000.

Pace Morby Course Refund Policy

pace morby refund policy

Unfortunately, Pace Morby doesn't offer refunds.

Is Pace Morby Legit Or Not?

SourceQuoteLink
trustpilot"You can always tell when Pace has his shills pile in with the glowing reviews."Source
reddit"This subto thing is a cult and I fell for it!"Source
biggerpockets"This subto thing is a cult and I fell for it!"Source

As you can see from the comments above, there are some major concerns with the way Pace Morby runs his course.

It appears that even though there are many solid reviews out there, there are also folks who consider Pace more of a marketer than a real estate guru...and they also claim he pays for reviews.

...so, is it legit?

I think it's a little harsh to say Pace isn't a guru - the guy lives and breathes the industry...however, there are certainly pitfalls to what he's selling.

It wouldn't hurt you to keep looking, even in other industries where you can make some passive income online without the risk of global events affecting your investment.

Digital Leasing is a lot more legit than any traditional real estate course out there, even from the best of expects. The markets are just too tricky today, and the risks are too high.

Personal Opinion On Pace Morby

pace morby is he legit

I think Pace knows real estate.

Even if he's a little "too persuasive", I don't think he's a cult leader like some do. I think he knows how to market, and has made money flipping houses...but does that mean he can teach it too?

Some athletes make great quarterbacks, but terrible coaches.

Whether it's AirBnb, ecommerce, or real estate...we've dug in and identified some strong criteria on what makes the best course.

So, how do we choose the right real estate course?

  • Ensure they have a solid track record
  • Only pay for their services if they have proven to generate a ton of wealth for themselves
  • Try to figure out if they stick to their word, operating with integrity

The first two points apply widely, but the third really makes me wonder with Pace Morby.

That said, Pace is not the worst by any means. He's got a decent track record, and has clearly proven he's able to make a ton of money.

How about a quick 3 things I like about him:

  1. The guy churns out a ton of content
  2. A guru who makes money is a lot better than a broke "expert"
  3. He knows we want to make money sooner than later - hence short term flips

...and, to be fair, 3 things I don't really like:

  1. Risky business moves if the market isn't right
  2. Possibly unethical business practices
  3. If he really is paying for fake reviews, then there's no way to know what's true and what's not.

What's Inside Pace Morby's Courses?

what is the subto real estate coaching program

SubTo

When it comes to the real estate industry, you've got to get crafty - and that's where Pace Morby says his SubTo course comes in. It focuses on creative financing solutions through its program that spans across the United States.

SubTo provides 6-to-11 weeks (depending on how much you pay) of education in "subject-to investing" and creative financing. Each week is devoted to a new subject, and Morby likes to say that the course will work for newcomers or seasoned veterans alike.

As a bonus to the educational aspect, there's also a private Facebook group that offers some support, as well as the ability to share and discuss strategies.

According to Pace Morby, this course will help you work through mortgage payments, lending, and all sorts of nitty-gritty you may have on your mind when it comes to building a real estate portfolio.

Gator Lending

What-Is-Gator-Lending.png.webp

Gator Lending specializes in transactional funding that helps you land a contractual sale of property. This name is just a fun little nickname for an existing method within real estate; some other ways to refer to "Gator Lending" are

  • same-day funds
  • ABC funding
  • one-day bridge loans

This can help with gap funding, "double closing", getting around wholesaling laws, and a number of other "creative financing strategies".

Conclusion: Pace Morby Reviews

So...to buy or not to buy?

That all depends on your goals.

If you're really dead-set on the old-school physical real estate, then Pace Morby may be your guy for short-term-flipping. We just think there are safer, less volatile alternatives for making passive income.

Do you really want to have a panic attack every time you read the news? Whether it's pandemics, wars, or elections...it seems like there's always some kind of big news event that can crush your massive investment. Is real estate really safe?

Remember, there's always another way.

What Is My #1 Way To Make Money in [year]?

Digital Leasing

I have spent years researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t. 

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day. 

This is only possible if you have an income stream that’s not tied to your time.

Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.

2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.

A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.

With Digital Leasing, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work. 

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

4) Minimal Ongoing Expenses: With Pace Morby, monthly expenses are HIGH. 

Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim with his programs

Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).

With Digital Leasing, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.

5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Nothing like Pace Morby.

Because you have more knowledge, more experience, more results, and more momentum. 

If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses. 

You make money by helping them make money. 

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent. 

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

Now, the choice is yours. You could continue browsing, looking at opportunities like Pace Morby which could one day make you money.

You could continue researching, never making a decision. 

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits. 

All while genuinely helping real people who are grateful and happy to pay for it. 

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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