
Justin Colby did 96 deals last year Flipping Houses with Direct Mail (CFFL 0163)
Land Academy Show · Steven Butala & Jill DeWit
April 26, 201624m 19s
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Show Notes
Justin Colby did 96 deals last year Flipping Houses with Direct Mail
Jack Butala: Justin Colby did 96 deals last year Flipping Houses with Direct Mail. Every Single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.
Jill DeWitt:
Jill DeWitt here with LandAcademy, and today our guest is Justin Colby. Justin is a co-founder and president of the Science of Flipping on the investment group and Phoenix Wealth Builders. The Science of Flipping is a free podcast on iTunes. Omni and Phoenix Wealth Builders are both professional real estate investment companies, specializing in purchasing, rehab, and flipping of distressed property in the metro-Phoenix area. Justin has been in real estate investing since 2007, an ironic time to become a real estate investor. As the markets were changing and all the conventions of real estate investing were being thrown out the window. He didn't start out in real estate as an investor. In first, he first cut his teeth in real estate in 2005, when he became a real estate agent and joined his friend in starting a real estate brokerage.
Last year, he and his partner flipped 96 homes, and as a whole, he and his partner have flipped and sold over 300 properties to date. As of 2013, Justin and his partner have become developers. They started and they are currently in progress of building 79 town homes in Mesa, Arizona. Not only is he active and a successful investor, but he also is a very powerful and successful real estate coach and public speaker, who has mentored more than 1000 real estate investors. Very impressive. Thank you Justin. Steven and I are glad you're here with us today.
Justin Colby:
Well, thank you for having me. I'm very happy to be here.
Jack Butala:
You know what you have on me, Justin?
Justin Colby:
What's that?
Jack Butala:
You're young and handsome.
Justin Colby:
Ah! Well, that all goes away at some point, so right now, I'll stick to my brain power.
Jack Butala:
In the pre-show, he asked me about the audio equipment. My audio equipment's better than yours, man.
Justin Colby:
There you go. Exactly correct. I'll take the compliment. Thank you very, very much for the compliment. I will take it.
Jack Butala:
I'm going to get right to it. Everybody who's listening to this show is wondering what the heck is difference between you? Why can you jump into this and kick some butt? Flip a ton of houses.
Justin Colby:
Yeah.
Jack Butala:
What does it take? What's the secret?
Justin Colby:
Tenacity. There's no easy way to do this. This isn't rocket science. Real estate investing doesn't take a major degree from a major university and business and master's and all the other things that conventional wisdom would say you'd want to have. It does take a ton of tenacity. Patience. I would say for those who are either just getting into this or have been doing it, or want to get to the next level, surround yourselves with the right people. Understand that you're always going to want to be around people who are doing it better, who are smarter. Who would be doing it longer. Who have the systems and tools. Also that this isn't a get-rich-quick business. Real estate in general can pay you very, very handsomely. Hence why we are in this business. Hence why realtors are in the business. Is you can make a ton of money, and create an incredible life. With that, and part of that, in what I think is partly unrealized by many, is that it takes a ton of tenacity and hard work, and a bunch of action. That is why I've been able to reach to the top of the mountain of where I am is simply, I don't have ... Give up is not part of my vocabulary. I would say tenacity is the biggest component.
Jill DeWitt: