How I Review Real Estate Courses (And Who I Am)
I’m Mike Calloway.
I’ve spent about twelve years in real estate and online business. A few rentals. A few flips. One flip I still don’t talk about at Thanksgiving.
Made money. Lost money. Bought way too many courses.
Some were great. Some were a $5,000 group chat with a logo.
These days most of what I own is digital real estate: simple websites that rank on Google and get rented to local businesses that want the phone calls. More on that later. I’m upfront about it.
When I started looking into Pace Morby and SubTo, every “review” I found was either a fan posting their wins, an affiliate with a referral link, or a two-line “scam or legit?” post written by someone who’d clearly never read a mortgage.
So I built the review I wanted to read before spending ten grand.
What I actually do
For every page on this site, I:
- Read the whole funnel. Pace’s site, SubTo’s homepage, the proof page, the application, the disclaimers and the fine print nobody scrolls to.
- Read and watch his own material. His YouTube, his book, his podcast clips. When his own words disagree with his marketing, I point it out.
- Read the law. The due-on-sale clause is federal law (the Garn-St Germain Act, 1982). I link to the actual text, not a guru’s summary of it.
- Read what members say. Trustpilot, Reddit, BiggerPockets and anywhere else people talk once the excitement wears off. I link my sources so you can check me.
- Do the math. Price, cash flow, what happens if the bank calls the loan. If a number doesn’t add up, you’ll hear about it.
- Stay fair. Pace really does deals. Subject-to is legal. SubTo has a huge community and real coaches. Pretending otherwise would make me just another guy with an agenda.
What I don’t do
- I haven’t joined SubTo, and I don’t pretend I have. Everything here comes from public pages, Pace’s own content, public records and public reviews.
- I don’t make up student stories, quotes, lawsuits or numbers. If I couldn’t verify something, I say so.
- I don’t call anybody a scammer. Pace runs real businesses. I just think subject-to puts a lot of risk on the student and a stranger’s mortgage, and the marketing doesn’t dwell on that part.
- I’m not a lawyer or a financial advisor. Nothing here is legal, tax or financial advice. Talk to a real estate attorney in your state before you sign anything.
How this site makes money
At the end of the funnel there’s a video about a different kind of real estate I personally recommend, and I may earn money if you buy it.
That’s the deal. You get the most thorough Pace Morby review on the internet, for free, and I get a shot at showing you something I believe in more.
It doesn’t change what I write about Pace or SubTo. If something here is wrong, I’ll fix it. I’d rather be right than consistent.
Questions or corrections? Use the contact details on the disclosure page.
Ready? Start with my full Pace Morby review.