Justin Colby. Real Estate Rags to Riches. Episode 532 with The Real Brad Lea (TRBL) - a podcast by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

In this episode, Brad and Justin Colby discuss Colby’s unique story of his claim to fame in the real estate industry. Once a “paper mover” lacking a useful skill set, now a real estate typhoon, Colby reveals secrets to his trade and enlightens listeners to techniques to make money in the fast paced real estate industry.

 

00:00 Intro

00:15 Introducing Justin Colby

00:24 TheScienceOfFlipping.com

01:46 Bomb Dropped: Fast, Good, or Cheap- pick 2

02:34 Colby talks about overcoming obstacles when purchasing real estate: “Anybody can do it”

04:30 How to acquire the deals

05:45 Cost of owning a home

07:00 Airbnbs

07:41 Sunbelt: Best market right now (2022)

08:45 Renter damage control

10:50 How to raise money

12:20 How to begin your real estate journey

13:30 Hotels: Pros & Cons

15:00 Money lost: Earn or learn

17:29 Colby talks about his entrance into the real estate industry

19:40 Creative financing

22:00 Buying VS. Selling real estate

24:37 911- Call brad

27:00 Brad talks about his own real estate interests

28:05 How to fund investing in high end real estate

30:12 Creating a fund

31:15 Moving your goal posts down the field

33:25 Life is short, be willing to do the leg work

34:00 How bird dogs get paid

35:15 Colby was broke. Busted, & Disgusted

35:40 Bomb Dropped: Willingness to do the work & take the risk

37:25 Rentals VS. Wholesaling 

38:47 Benefits of owning land

39:13 Colby talks his experience Miami living

40:05 Brads Miami opportunity

40:56 Get something done- youtube.com/JustinColby

 

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