Fast-Track Your Business with AI Tools with Pace Ellsworth
Release Date: 11/12/2024
The 6 Ways to Find Your First Real Estate Investment Deal
REI Deal Finders
In today’s episode of the Deal Finders Podcast, I’m taking you back to where it all started—how Michelle and I stumbled into deal finding without even knowing it! I share the story that lit the fire for us and break down the six essential methods you can start using today to find your first (or next) real estate deal. From partnering with wholesalers to leveraging social media and networking like a pro, I’ll guide you through actionable steps that will sharpen your “deal-finding eyes” and set you on a clear path to success. Whether you’re brand new or ready to take...
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Turn Clicks Into Contracts with Jason Sager
REI Deal Finders
If you’re serious about finding quality real estate deals without cold-calling your way into burnout, this episode is for you. I sat down with Jason Sager from MotivatedSellers.com to get into the nitty-gritty of inbound vs. outbound lead generation—and why working smarter, not harder, can completely transform your home-buying business. We break down the real differences between pay-per-click and pay-per-lead strategies, and Jason shares why motivated sellers are the lifeblood of successful real estate deals. We didn’t just talk theory either—this is a no-fluff conversation...
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The Flipping Profit Lie No One Talks About!
REI Deal Finders
In this episode of the REI Deal Finders podcast, we dive into the real deal behind those impressive-looking checks you see online from real estate closings. I walk you through a recent transaction and break down the numbers—showing why gross profit is the number that really matters, not just the “cash to seller” figure on the HUD statement. Whether you’re a seasoned investor or just thinking about getting into flipping, this episode lays out the essential mindset and tools you need to focus on real profit, not just revenue hype. We also talk about our upcoming full-day flipping...
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How to Comp a Property for a Investment Deal
REI Deal Finders
Wondering if that property you found is actually a deal? In this episode, I walk you through my go-to process for comping properties—step by step, using nothing more than Zillow. Whether you’re a seasoned investor or just starting your wholesaling journey, knowing how to evaluate a property’s ARV (After Repair Value) is absolutely essential. I break down how we analyze deals every day with our partners, what tools we use (both free and paid), and how we handle the many variables that make real estate comping more of an art than a science. From square footage to corner lots and...
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The Steps to Getting Your Flip Renovation Started
REI Deal Finders
Welcome back, deal finders! In today’s Deal Finders episode, we’re diving deep into one of the most critical phases of the flip process: getting your renovation off the ground. Whether you’re flipping your first property or your tenth, this episode will give you the foundation and strategy to set your renovation up for success—and protect your profit in the process. I walk you through the systems we’ve developed over years of experience (and plenty of trial and error) to help you stay on budget, manage contractors, and avoid costly surprises. Plus, I break down three different...
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The 4 F’s of Flipping Properties: Find it, Fund it, Fix it, Flip it
REI Deal Finders
Flipping houses might look glamorous on TV, but the real magic happens long before the first hammer swing—it starts with choosing the right property. In this episode, I break down the essential first step of a successful flip: how to find the right deal in the right market with the right numbers. Whether you’re brand new to real estate or ready to scale up your flipping business, this episode gives you a clear, strategic approach to buying smart and setting yourself up for profit. I’ll walk you through how to use local market data to guide your decisions, what property types...
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Are Online Leads Cheaper Than Cold Calling? with Brandon Bateman
REI Deal Finders
In this episode of the Deal Finders Podcast, we sit down with Brandon Bateman, founder of Bateman Collective, to dive into the power of digital marketing for real estate investors. With years of experience managing millions of dollars in ad spend, Brandon shares expert insights into generating high-quality leads through pay-per-click (PPC), SEO, and social media advertising. We discuss the importance of data-driven marketing, how to evaluate a marketing agency, and the biggest mistakes investors make when running their own ads. Brandon also explains why traditional marketing...
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Motivated Seller Negotiation Tools to Close More Deals
REI Deal Finders
Negotiating with sellers isn’t just about numbers—it’s about understanding people, their motivations, and how to create win-win situations. In this episode, we dive deep into the art of talking to sellers, uncovering their true needs, and structuring deals that work for everyone involved. We discuss the importance of empathy, the power of open-ended questions, and how to avoid common negotiation mistakes that can cost you deals. You’ll also learn about essential deal-making strategies, including the “mirror technique” for building rapport, how to determine the right offer price,...
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3 Types of Income Streams in Real Estate Investing
REI Deal Finders
Are you ready to break into real estate investing but unsure where to start? In this episode, we’re busting the biggest myths holding people back and diving deep into the three types of income streams you can build in real estate. Whether you’re looking to make quick cash, create long-term wealth, or have your money work for you, this episode is packed with insights to help you move forward. We’ll cover why wholesaling is evolving, how to navigate legal changes in the industry, and the power of deal-finding partnerships. Plus, I’ll walk you through a simple exercise to...
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The 6 Free Ways to Find Deals in Your Market
REI Deal Finders
What if I told you there were six methods you could start using today—without spending a dime—to find great real estate deals in your local market? In this episode, I break down the Wide FAN Method, a powerful strategy that real estate investors can use to uncover discounted properties and create win-win solutions for sellers and buyers alike. We dive into six key deal-finding techniques, including working with wholesalers, tapping into influential industry professionals, leveraging social media, and more. Plus, I’m giving you clear action steps for each method so you can...
info_outlineIn this inspiring episode of the Deal Finders podcast, we’re joined by Pace Elsworth, VP of Development Operations at Flying Over Time, a nonprofit that uses history to fuel innovation. Pace walks us through his journey from linguistics and app development to spearheading a groundbreaking project: a website-building tool that utilizes AI for instant brand presence. We dive deep into the project’s roots, driven by the need to preserve history in underserved areas, like Burundi, and how it evolved with the integration of generative AI technology. For entrepreneurs, Pace offers insights on how to streamline brand building and avoid common pitfalls, giving you more time to focus on revenue-generating activities. Don’t miss out on this conversation that could transform how you approach your business.
Episode Highlights:
[0:00] - Avoiding the “creative avoidance” trap in entrepreneurship
[1:16] - Meet Pace Elsworth: His background in linguistics and technology
[2:54] - How AI and a passion for history converged to create a revolutionary website tool
[6:26] - Demystifying AI: Understanding GPT and its capabilities
[8:42] - The evolution of job markets with new technology
[10:05] - From idea to execution: How Pace built a functional AI website in just 10 days
[14:08] - How this technology empowers entrepreneurs to take faster action and build authority
[16:12] - Future features: Social media automation, VR spaces, and fintech tools
5 Key Takeaways
1. Action Over Perfection: Entrepreneurs often fall into the trap of spending too much time perfecting their brand with logos and websites instead of focusing on revenue-generating activities. Pace emphasizes taking action and leveraging tools to get started quickly.
2. The Power of AI: AI technology, especially tools like ChatGPT, can simplify complex tasks, such as building a website in seconds. Understanding and utilizing AI can give entrepreneurs a significant advantage.
3. Preserving History with Technology: Pace’s project isn’t just about technology but also about making a social impact. His nonprofit is digitizing historical records in places like Burundi, making family history accessible and preserving valuable cultural stories.
4. Job Market Evolution: Technological advancements like AI may shift job markets, but they also create new opportunities. Instead of fearing job losses, focus on how technology can open new roles and avenues for growth.
5. Future-Proof Your Business: Integrating AI into your business now will prepare you for the future. From automating social media content to building virtual reality spaces, staying ahead of tech trends is crucial for long-term success.
Links & Resources:
• Check out Pace’s nonprofit, Flying Over Time
• Visit Deal Finders Club: DealFindersClub.com
• Follow our YouTube channel for more resources and tips
Closing Remarks:
If you’re an entrepreneur ready to take action, this episode is packed with motivation and practical advice. Don’t forget to check out the resources mentioned and see how AI can help you fast-track your brand building. Enjoyed the episode? Make sure to rate, follow, and share the podcast, and leave a review to let us know your thoughts!
Catch you in the next episode!