Justin Colby. Real Estate Rags to Riches. Episode 532 with The Real Brad Lea (TRBL)

Dropping Bombs - A podcast by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

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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