#53: The Science of Flipping with Justin Colby
May 06, 2020Justin Colby is a real estate investor, public speaker, podcast host, and coach. He is the Co-Founder of Phoenix Wealth Builders, a real estate solutions company, specializing in providing opportunities in a variety of areas within the Phoenix real estate market. Justin and I discuss how he got started flipping houses and how he's been able to expand his business to flipping and wholesaling over 1400 properties.
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The Science of Flipping with Justin Colby
Justin had been running a real estate brokerage company in Northern California at 26 when he lost everything. He decided he wasn't going to let this moment define him and decided he was going to go all in. Justin moved to Scottsdale, AZ and has been wholesaling and flipping properties there since 2007.
While Justin has wholesaled and flipped over 1400 properties, he wasn't always successful. It took him 9 months to secure his first deal... after he had been cold-calling realtors every day. But once he had his first deal, Justin secured his second deal immediately after and has been off running since then!
In this episode you'll also learn:
- Why you need to think about what you are going to do next
- The conversion rates you need to see to be successful
- How Justin markets his company to reach his ideal clients
- The advantages Justin found from starting his own podcast
- Why you need to hustle before getting your boat
Connect with Justin:
Other links mentioned:
Tribe of Mentors by Tim Ferris
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