Justin Colby
๐ค SpeakerAppearances Over Time
Podcast Appearances
What do you say if there was a landlord that had a tax lien at a state landlord with a tax lien, that might be a better filter?
What do you say if there was a landlord that had a tax lien at a state landlord with a tax lien, that might be a better filter?
Or even less, right? You don't know when they're pulling the list. They could be dealing for 30 days and on day 60, they're going to get a paycheck and pay it off, right? You just don't know where it is.
Or even less, right? You don't know when they're pulling the list. They could be dealing for 30 days and on day 60, they're going to get a paycheck and pay it off, right? You just don't know where it is.
Yeah. And I like that you're not just going to the auction to bid on the certificate or, you know, buy that. So let's talk about that a little bit. I think that might even be a little bit of a known vertical or model, right? Is buying tax liens for the return, right? Talk to that. Like, how do you look at that? How do you view that? What are your thoughts on it?
Yeah. And I like that you're not just going to the auction to bid on the certificate or, you know, buy that. So let's talk about that a little bit. I think that might even be a little bit of a known vertical or model, right? Is buying tax liens for the return, right? Talk to that. Like, how do you look at that? How do you view that? What are your thoughts on it?
You're not even keeping up with inflation at that point.
You're not even keeping up with inflation at that point.
Yeah. And then I guess the only upside, if someone were to do that, is at some point foreclose on them if you don't get paid type of idea.
Yeah. And then I guess the only upside, if someone were to do that, is at some point foreclose on them if you don't get paid type of idea.
Yeah. So when you go and everyone needs to go to free crash course dot com, watch what he does in his three three modules. But when you do go and acquire this, let's just use the deal that that I'm thinking about that you text me like, look at what I just did. You buy it for $4,300. Can you wholesale it before you actually have to fund it or do you have to fund it?
Yeah. So when you go and everyone needs to go to free crash course dot com, watch what he does in his three three modules. But when you do go and acquire this, let's just use the deal that that I'm thinking about that you text me like, look at what I just did. You buy it for $4,300. Can you wholesale it before you actually have to fund it or do you have to fund it?
Okay. Yeah. And can you use like transactional funding if you had a buyer already for, let's just say you call your friend and say, Hey dude, you're going to love this flip. You know, I'll sell it to you for 20 grand. And he's like, yeah, bro, I'm in. You go fund it for 24, 48 hours of transactional funding and sell it off. Are there any regulations on length? Right? Like,
Okay. Yeah. And can you use like transactional funding if you had a buyer already for, let's just say you call your friend and say, Hey dude, you're going to love this flip. You know, I'll sell it to you for 20 grand. And he's like, yeah, bro, I'm in. You go fund it for 24, 48 hours of transactional funding and sell it off. Are there any regulations on length? Right? Like,
That's great. And then you can just resell it. You can put it on the MLS. You own the home. You're now the owner. You're now the owner. And you're getting at such deep. I mean, in my world, and I am really good at what I do. There's no properties I'm buying for five grand or six grand or eight grand or like your student. He bought three properties all for under nine grand.
That's great. And then you can just resell it. You can put it on the MLS. You own the home. You're now the owner. You're now the owner. And you're getting at such deep. I mean, in my world, and I am really good at what I do. There's no properties I'm buying for five grand or six grand or eight grand or like your student. He bought three properties all for under nine grand.
Like that doesn't exist in my world. I don't care what market. I don't care how bad the condition. it just doesn't exist. Right. And so, uh, I can't kind of emphasize this enough and why I'm excited to have you is this is, this is a very real strategy. You've been doing it for 31 years. Right. And you know, so there's people who talk about it and then there's people who do it.
Like that doesn't exist in my world. I don't care what market. I don't care how bad the condition. it just doesn't exist. Right. And so, uh, I can't kind of emphasize this enough and why I'm excited to have you is this is, this is a very real strategy. You've been doing it for 31 years. Right. And you know, so there's people who talk about it and then there's people who do it.
So I can vouch for my guy, Tony known each other for years now. And, uh, you know, freecrashcourse.com. Where else do you maybe want to push them or have them be, or is that kind of the main place of point of contact?
So I can vouch for my guy, Tony known each other for years now. And, uh, you know, freecrashcourse.com. Where else do you maybe want to push them or have them be, or is that kind of the main place of point of contact?