Justin Colby

And I want to relate similarities and disassociate the things that aren't necessarily similar with like, what is going to be the difference between your bank normal trustee foreclosure versus maybe a tax lien property, a tax foreclosure and the differences kind of between the two?

And I want to relate similarities and disassociate the things that aren't necessarily similar with like, what is going to be the difference between your bank normal trustee foreclosure versus maybe a tax lien property, a tax foreclosure and the differences kind of between the two?

Yeah, and at some point, you have the opportunity to foreclose because in the right states, you take the senior lien over even banks, right? Absolutely correct.

Yeah, and at some point, you have the opportunity to foreclose because in the right states, you take the senior lien over even banks, right? Absolutely correct.

And so that's where, so one of the questions I was going to ask, where and how do you find them? So where do you go buy those deeds directly?

And so that's where, so one of the questions I was going to ask, where and how do you find them? So where do you go buy those deeds directly?

So in a general sense, are there just better markets? So I mentioned something I don't have 100% clarity on. Maybe you can refresh me. But there are certain states where a tax lien is senior to a bank lien. I don't believe it's all states, correct? No, it's all states. It is all states. Okay. So is there any priority in what markets could be better?

So in a general sense, are there just better markets? So I mentioned something I don't have 100% clarity on. Maybe you can refresh me. But there are certain states where a tax lien is senior to a bank lien. I don't believe it's all states, correct? No, it's all states. It is all states. Okay. So is there any priority in what markets could be better?

And I'll give you an example because I get asked this all the time. So I'm more traditional. I'm more find a property of good value, fix and flip it, buy and hold it, do the BRRRR method, just traditional. But people ask me. You know, what market should I choose, Justin? And I have my answer because my answer is a lot probably simpler than yours is going to be. My answer is follow the money.

And I'll give you an example because I get asked this all the time. So I'm more traditional. I'm more find a property of good value, fix and flip it, buy and hold it, do the BRRRR method, just traditional. But people ask me. You know, what market should I choose, Justin? And I have my answer because my answer is a lot probably simpler than yours is going to be. My answer is follow the money.

Ever since the hedge funds broke into our world, which was definitely not around in 1991, let alone in 2007 when I started. When they broke into our world in 2016-ish, 2015, they had a lot more money than all of us. So they were able to break into markets like Phoenix, which crushed me, the Vegas, the Phoenix, the Dallas, all these different.

Ever since the hedge funds broke into our world, which was definitely not around in 1991, let alone in 2007 when I started. When they broke into our world in 2016-ish, 2015, they had a lot more money than all of us. So they were able to break into markets like Phoenix, which crushed me, the Vegas, the Phoenix, the Dallas, all these different.

And so I just started to say, okay, I'm going to go follow the big boy money. And so now I always suggest markets like the Sunbelt in a more traditional real estate investing manner, fix and flip, buy and hold, North Carolina, South Carolina, Florida, Alabama, Georgia. Tennessee, Texas, Oklahoma. I love these markets for the more traditional, right?

And so I just started to say, okay, I'm going to go follow the big boy money. And so now I always suggest markets like the Sunbelt in a more traditional real estate investing manner, fix and flip, buy and hold, North Carolina, South Carolina, Florida, Alabama, Georgia. Tennessee, Texas, Oklahoma. I love these markets for the more traditional, right?

Not saying you're not traditional, but the verticals, the way to acquire is a little different. Do you have a reason behind the markets you choose? What's your answer?

Not saying you're not traditional, but the verticals, the way to acquire is a little different. Do you have a reason behind the markets you choose? What's your answer?

You know, because every, well, I mean, right? So-

You know, because every, well, I mean, right? So-

So I know you and I, you know, we know each other for years and we were going back and forth via text and you're like, look at this property. I just picked up for like five grand and it wasn't exactly five grand, but it was 4,000 or 5,000 or some change. Like how, so when you go to these, the, the County, I think it's a company that actually turns it into a deed, right?

So I know you and I, you know, we know each other for years and we were going back and forth via text and you're like, look at this property. I just picked up for like five grand and it wasn't exactly five grand, but it was 4,000 or 5,000 or some change. Like how, so when you go to these, the, the County, I think it's a company that actually turns it into a deed, right?