Join Pace Morby and SubTo student, Spencer Bishop, to discuss a car wash deal Spencer purchased and is planning on fixing and flipping, netting him about $250k in profit! They talk about how Spencer found the deal and how the negotiation process went down. How did Spencer know this car wash would be a good deal? He explains his thought process behind comping the deal and which exit strategies would suit his needs. This is an informative conversation about which factors make a commercial business profitable or non-profitable. Pace and Spencer also talk about what Spencer is looking for in his business and what he’s learned throughout this car wash deal. He learned a lot of lessons on raising capital and building quality relationships. He stresses he’s actively raising capital, but he’s looking to do it through building good relationships and not being transactional. If you’re on the fence about whether to buy and hold a property versus wholesaling, this is a great video to watch. Connect with Spencer: https://www.instagram.com/spencer.bishop_/ ► Join The Subto Community: http://joinpacescommunity.com/yt ► Want to become a Gator (Private Money Lender)? Join us for the upcoming LIVE training: http://joingatortribe.com/yt ► Join Our Free Facebook Group to Connect with Spencer: https://paceapproves.com/freefb-yt ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ⬇️ Get My Exact Wholesaling Contract For Only $1 (I Paid Thousands) ⬇️ https://paceapproves.com/wholesalecontract 🔌 PLUG IN & SUBSCRIBE 🔌 ✌️ Follow Me On Instagram: https://www.instagram.com/pacemorby/ ✌️ Follow Me On TikTok: https://www.tiktok.com/@pacemorby Chapters: 0:00 - Intro 0:27 - Car Wash Deal 10:30 - Acquiring Skills 12:25 - Connect with Spencer ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️ 🚧🚧🚧 DISCLAIMER 🚧🚧🚧 ❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎