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Justin Colby

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
5315 total appearances

Appearances Over Time

Podcast Appearances

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

Let me tell you what he's saying without saying this. Don't just make money to pay yourself 100% of it so you can go buy the car you want or the watch you want or take the vacation. Ideally, you will have that kind of money to do those things. That is our perfect world, right, David?

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

Let me tell you what he's saying without saying this. Don't just make money to pay yourself 100% of it so you can go buy the car you want or the watch you want or take the vacation. Ideally, you will have that kind of money to do those things. That is our perfect world, right, David?

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

But he's not saying this, but it is underlying on everything he is saying, is it takes time and you need runway, right? If you're doing a deal a month, you're going to be able to buy cars, you're going to be able to buy watches, take vacations, because you're setting it up the right way. You're accounting for the dollars.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

But he's not saying this, but it is underlying on everything he is saying, is it takes time and you need runway, right? If you're doing a deal a month, you're going to be able to buy cars, you're going to be able to buy watches, take vacations, because you're setting it up the right way. You're accounting for the dollars.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

But if you do one or two or three deals, and maybe you make like 30, 40, 50 grand or more, and you're like... Fuck it. I'm going to go buy my car or I'm going to go, you know, to Vegas or I'm going to go whatever. Then you're just going to get in trouble later on down the road. That's all we're saying. Right. We're basically saying we are big brother. We are seniors in high school.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

But if you do one or two or three deals, and maybe you make like 30, 40, 50 grand or more, and you're like... Fuck it. I'm going to go buy my car or I'm going to go, you know, to Vegas or I'm going to go whatever. Then you're just going to get in trouble later on down the road. That's all we're saying. Right. We're basically saying we are big brother. We are seniors in high school.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

You are a freshman. There's a way to play this game. So you are, you know, senior prom king at the end of this game. Yeah. Or you're the guy scared to go to prom your senior year. Right. You get to play the game however you want. But David and Justin are going to help you become prom king and And be the best of the best, right?

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

You are a freshman. There's a way to play this game. So you are, you know, senior prom king at the end of this game. Yeah. Or you're the guy scared to go to prom your senior year. Right. You get to play the game however you want. But David and Justin are going to help you become prom king and And be the best of the best, right?

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

And I just, I want people to understand where we're coming from here is I've made these mistakes. David's made these mistakes. This is why he wrote the book, Profit First for Real Estate Investors. What was that website again, David? Simplecfo.com forward slash JC. Simplecfo.com forward slash JC. He gives, I mean, there's a bunch of free giveaways on the website, right?

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

And I just, I want people to understand where we're coming from here is I've made these mistakes. David's made these mistakes. This is why he wrote the book, Profit First for Real Estate Investors. What was that website again, David? Simplecfo.com forward slash JC. Simplecfo.com forward slash JC. He gives, I mean, there's a bunch of free giveaways on the website, right?

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

Done deal. Well, brother, I appreciate you. I know I'm going to have you featured in a lot more of my intensives and masterminds. If you're a part of my world, you're going to see a lot more, David, because this is a โ€“ It's like an epidemic, right? I mean, it really is just, I see it all the time. People make money and they have no money.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

Done deal. Well, brother, I appreciate you. I know I'm going to have you featured in a lot more of my intensives and masterminds. If you're a part of my world, you're going to see a lot more, David, because this is a โ€“ It's like an epidemic, right? I mean, it really is just, I see it all the time. People make money and they have no money.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

And so if you're sitting out there like, dude, this relates, I relate. I don't like, what the hell did I do? I didn't buy the car, but I still don't have any money. Like I didn't do it wrong, Justin. You're telling me don't go buy a car. I didn't buy a car. But I still can't find the money. I get it. David gets it. There's a way to handle this. So make sure you follow David.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

And so if you're sitting out there like, dude, this relates, I relate. I don't like, what the hell did I do? I didn't buy the car, but I still don't have any money. Like I didn't do it wrong, Justin. You're telling me don't go buy a car. I didn't buy a car. But I still can't find the money. I get it. David gets it. There's a way to handle this. So make sure you follow David.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

Go to simplecfo.com forward slash JC. Bro, I appreciate it. Let's keep spreading the word. Let's keep getting you out there because you're going to change a lot of lives. Yeah, I appreciate that. I appreciate you letting me spread the word. And thanks for having me. All right, man. See you guys.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

Go to simplecfo.com forward slash JC. Bro, I appreciate it. Let's keep spreading the word. Let's keep getting you out there because you're going to change a lot of lives. Yeah, I appreciate that. I appreciate you letting me spread the word. And thanks for having me. All right, man. See you guys.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

By the way, if this was helpful and you think you might know one or two people who could be a better business owner, make sure you share it with those two people. I appreciate you. Make sure you give a lot of love, likes, and comments on this. See you guys in the next episode.

The Science of Flipping
The Bank Account Setup That Will Change Your Real Estate Business | David Richter

By the way, if this was helpful and you think you might know one or two people who could be a better business owner, make sure you share it with those two people. I appreciate you. Make sure you give a lot of love, likes, and comments on this. See you guys in the next episode.

The Science of Flipping
Building Stamina in Real Estate Through Mentorship | Nick Perry

What up, Science of Flipping family? We are coming live outdoors, very unique, here in Scottsdale, Arizona, with my boy, Nick Perry. We are back with another episode, bro.

The Science of Flipping
Building Stamina in Real Estate Through Mentorship | Nick Perry

What up, Science of Flipping family? We are coming live outdoors, very unique, here in Scottsdale, Arizona, with my boy, Nick Perry. We are back with another episode, bro.