Building Wealth Without Starting Your Own Fund

Welcome to a new episode of Get Creative! Today, we’re answering the big question: should you start your own investment fund? We’ll unpack the hidden challenges, costs, and risks of launching a fund and explore why a fund of funds might be the smarter choice. Whether you’re new to investing or looking for a better way to grow your portfolio, this episode is full of practical tips and insights. Let’s get started! Highlights: “A fund of funds is the greatest hack of all time.” “You learn on the job at no cost with a fund of funds.” “The failure rate of people starting a fund is 99%. The success rate of a fund of funds? 99%.” “You plant seeds for a four-year harvest.”Timestamps: 00:00 - What It Really Costs to Start a Fund03:25 - The Advantages of a Fund of Funds05:11 - The Legal Essentials: PPM and Compliance07:40 - The Role of Education in Multifamily Investing09:30 - Meeting a Mentor Who Changed the Game11:15 - Why Fund of Funds is Perfect for Beginners13:37 - Building Relationships and Raising Capital15:10 - A Long-Term Vision for Investment Success16:45 - The Emotional and Financial Rewards17:29 - Patience is Key► Join The Subto Community & Learn Creative Finance Directly from Pace:  https://paceapproves.com/subto-gc  ► 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: http://joingatortribe.com/yt    ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt    ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: https://paceapproves.com/tttc-gc    ► 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