Collecting Keys - Real Estate Investing Podcast

EP 509 - Pace Morby's investors are about to lose everything

Mike DeHaan

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0:00 | 43:08

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The people selling you the deal get paid whether you make money or not. In this episode, we go through the accusations piling up around Pace Morby's sub-to fund, the investors who say they can't log in or get their money back, and the self storage fund that reportedly lost $8.4 million while it kept raising. You'll hear why BiggerPockets built the pipeline that made this possible, plus what Trump's $5,000 check promise would really cost.

Topics discussed:
Introduction (00:00)
The Anthropic quitter and the AI fear grift (00:01)
Dylan almost sank the family boat (02:46)
Sub-to investors locked out of their money (04:12)
What the SEC filing on Pace actually shows (07:00)
An RV park and a surprise $1.5M note (09:38)
Payroll theft long before the fund (13:33)
AJ Osborne lost investors $8.4 million (15:46)
How BiggerPockets built the guru pipeline (21:50)
Brandon Turner had the clout, the operators got paid (23:30)
Trump promises $5,000 checks, the math says $1.3 trillion (27:22)
Who actually collects your social security (30:50)
F-150s, the Taliban, and government waste (35:05)

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This episode was produced by Podcast Boutique https://www.podcastboutique.com (https://podcastboutique.com/)