7 Figure Flipping with Bill Allen HFHQ 67: Wholesaling, Flipping, and Developing Properties in a Highly Competitive Market: Interview with Justin Colby
Today, I interview Justin Colby, a professional house flipper, wholesaler, and real estate developer who started out “broke, busted, and disgusted” 7 years ago and is now taking massive action to scale his business while finding creative opportunities in a highly competitive real estate market!
Justin Colby has completed hundreds of transactions, and his story is a powerful example of the value of taking action where it counts and getting the right guidance from the right people. “We did 6 deals,” he says. “The year after that, we did 20. The year after that, we did 43. The year after that, we did 96, and so on, and so on, and now we’re developing 79 homes, we’re wholesaling 3 to 5 a month, and we’re flipping about 1 a month.”
Yes, you read that right—Justin Colby is currently building 79 townhomes from the ground up, something he has never done before, while continuing to push his wholesaling and retail flipping business. Listen in as he shares his story and how he does it!
Have any questions? Just post them in the comments area below! And if you like what you hear, be sure to click here to subscribe in iTunes. And while you’re there, why not leave us a review and five-star rating?
Show Notes
What’s covered in today’s podcast? Here are a few main points.
- I’m looking for experienced wholesalers anywhere in the United States who are interested in sending me deals. Contact me at justin@houseflippinghq.com if that’s you!
- We kicked off our House Flipping Formula coaching and implementation program this week, and the interaction and responses have been awesome! Lots of great feedback. As of this recording, you CAN STILL SIGN UP for the program if you’re interested! Shoot an email to info@houseflippinghq.com or click here to learn more if you’d like to be part of this.
- Justin Colby shares some critical insights on marketing for sellers, financing deals, and the importance of taking action.
- 3 coaching calls with a mentor completely changed his business and his life.
- The subtle difference between Facebook and Google as marketing channels, and why you need to know this if you want to find motivated sellers online.
- Why hard money lenders can often be a better choice than traditional bank financing, even though it's more expensive.
- Near the end, Justin Colby gives us his best single piece of advice for anyone starting out in this business or wanting to get to the next level, and he absolutely nails it. Check it out!
Tweetable Quotes
- If you’re not taking any action, you’re always going to be exactly where you are. – Justin Colby
- Get out there, put houses under contract, and then you can determine what you think is best to do with that property. – Justin Williams
- We said it’s time to take our business to the next level, and we took the jump. – Justin Colby
- There’s a lot of commas and zeroes on this project. – Justin Colby
- If you want something bigger and better, you gotta take action and move towards it. – Justin Colby
Links and Resources
- TheScienceofFlipping.com
- Download Justin Colby's bestselling book, The Science of Flipping, for FREE! Click here.
- If you're an experienced wholesaler and you're looking for a buyer, email justin@houseflippinghq.com.
- Don't forget to check out House Flipping Formula! Click here to learn more.
Last Chance to Sign Up for House Flipping Formula!
By popular demand, the deadline to sign up for the House Flipping Formula coaching and implementation program has been extended, so you can still get in! However, we will be closing down registration in just a couple days, so act now if you want to join. To learn more about this comprehensive 12-week house flipping training program, click here. See you on the inside!
Like what you hear?
If you've found any value or helpful information in the House Flipping HQ Podcast, we’d love to hear about it! Head on over to iTunes and leave us a rating (5 stars would be great!) and a review so that others who are interested in starting a house flipping business can find us and get in on the good stuff. 
Click here to leave a review and rating! If you have any questions or comments about this show or its contents, please post them in the comments area below and I’ll be happy to answer them.
The post HFHQ 67: Wholesaling, Flipping, and Developing Properties in a Highly Competitive Market: Interview with Justin Colby appeared first on House Flipping HQ.
Hosted on Acast. See acast.com/privacy for more information.