Justin Colby

I'm assuming you treat it very similar to if I had pulled the list of homes in any level of neighborhood. I want to know the type of asset it is. I want to know how much construction I'm going to need. I want to see some picture. Right. Is there any difference once you kind of have the list or are you looking at the same?

I'm assuming you treat it very similar to if I had pulled the list of homes in any level of neighborhood. I want to know the type of asset it is. I want to know how much construction I'm going to need. I want to see some picture. Right. Is there any difference once you kind of have the list or are you looking at the same?

Yeah. Um, you send me a list like that, Tony, after 18 years of business, I'm still going to go. I don't, I don't even know what to do here. You know what I mean?

Yeah. Um, you send me a list like that, Tony, after 18 years of business, I'm still going to go. I don't, I don't even know what to do here. You know what I mean?

When you say the word auction, I've bought a lot of homes at auction down in Phoenix in the more traditional sense, right? So are your members or students, are they looking at making bids at auction or are you suggesting or advising or coaching to wait until it gets turned over to that other entity and then buy the deed from the other entity?

When you say the word auction, I've bought a lot of homes at auction down in Phoenix in the more traditional sense, right? So are your members or students, are they looking at making bids at auction or are you suggesting or advising or coaching to wait until it gets turned over to that other entity and then buy the deed from the other entity?

Yeah, so when you said over-the-counter, you meant once it's already turned into a deed, go to the counter, buy the deed, be done, right? That's it.

Yeah, so when you said over-the-counter, you meant once it's already turned into a deed, go to the counter, buy the deed, be done, right? That's it.

And then your strategy, again, kind of with the similarities, because I want people to understand, this is no different than what I teach, except the major except is he's targeting one very niche type of list that there takes a system, a structure, and a process that he is the expert at. I am not, he is.

And then your strategy, again, kind of with the similarities, because I want people to understand, this is no different than what I teach, except the major except is he's targeting one very niche type of list that there takes a system, a structure, and a process that he is the expert at. I am not, he is.

And then you can burr the property, you can fix and flip the property, you can keep it as a long-term, like there's no difference at that point, correct?

And then you can burr the property, you can fix and flip the property, you can keep it as a long-term, like there's no difference at that point, correct?

So we just keep- Well, Tony, I'm gonna tell you now, next thing we gotta do after this episode is you gotta send me all your, because I'm a buyer, right? Like a real buyer. And so it's just as hard for me. Yes, I have a marketing budget. Yes, I have a team. finding good deals is still hard finding good deals. So the next conversation we're going to have partner is like, Hey, what do you got?

So we just keep- Well, Tony, I'm gonna tell you now, next thing we gotta do after this episode is you gotta send me all your, because I'm a buyer, right? Like a real buyer. And so it's just as hard for me. Yes, I have a marketing budget. Yes, I have a team. finding good deals is still hard finding good deals. So the next conversation we're going to have partner is like, Hey, what do you got?

Like I need to buy some stuff. Right. So that'll be the next place.

Like I need to buy some stuff. Right. So that'll be the next place.

He basically flipped $9,000 three times and made like $100,000. Yeah, just about. Right, because the most expensive one you said was $8,800, so let's just round that up to $9,000. Yeah. He bought one, flipped it for 30, bought one, flipped it for 22, bought one, flipped it for 30. Right. So you're just go 30, 30, 30 for sake of example. Yeah. And it's not that clean, but call it $85,000.

He basically flipped $9,000 three times and made like $100,000. Yeah, just about. Right, because the most expensive one you said was $8,800, so let's just round that up to $9,000. Yeah. He bought one, flipped it for 30, bought one, flipped it for 22, bought one, flipped it for 30. Right. So you're just go 30, 30, 30 for sake of example. Yeah. And it's not that clean, but call it $85,000.

And he took the same nine grand he had from the beginning and just flipped it each time. Right. So he needed less than 10 grand in his pocket to do this business. And he made $85,000.

And he took the same nine grand he had from the beginning and just flipped it each time. Right. So he needed less than 10 grand in his pocket to do this business. And he made $85,000.