Justin Colby. Real Estate Rags to Riches. Episode 532 with The Real Brad Lea (TRBL)
Dropping Bombs · The Real Brad Lea
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Show Notes
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