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Justin Williams

๐Ÿ‘ค Speaker
259 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

We moved, we changed the way we were buying.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

And it was a really tough year.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

And then going into 2011, like we mentioned, I remember Tara, do you want to tell them what happened in 2011?

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

Because even though we had made money in the past, we were paying off debt.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

Yeah, well, we had $120,000 in debt before we got into flipping.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

And then we had a guy who, we had a satellite dish business in the previous life.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

That's the point, you know, when we first got married.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

I'd buy your kit.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

So we had this guy that committed a bunch of fraud.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

So we spent an entire year.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

We probably, through him, lost another $150,000 to $200,000.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

So all this money that we were making was going towards expenses.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

It was paying off debt.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

And then now this guy was all this stuff.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

And then, like I said, things finally started to look good.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

And we were finally able to move out of Bakersfield, California, which we were at for a couple of years.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

We moved to Orange County.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

We were stoked.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

But then as we moved, it's like we were no longer doing the โ€“ we lost all of our contacts.

SaaS Interviews with CEOs, Startups, Founders
How to Do Your First Profitable Real Estate Deal

We changed our business strategy.