111: From $40K in Debt to $100M+ in Real Estate with Justin Colby

Today, I’m sitting down with Justin Colby, a real estate investor, coach, and founder, whose coaching program “The Science of Flipping” has helped thousands of students launch, grow, and scale their real estate investing businesses.

Over the past 16 years, Justin has flipped more than 2,600 homes, and he currently aims to buy 2 to 5 homes each week. 

Soon after starting as a realtor, Justin found himself at the mercy of the 2008 market crash. In debt, out of work, and sleeping on a couch, he managed to borrow $25,000 from a friend to pay for real estate coaching. Fast forward to today, and Justin has been involved in more than $100 million in real estate transactions. 

In today’s episode, you’ll hear how Justin views the real estate market and how different investing strategies benefit different investing goals. You’ll also hear how he launched a successful coaching program, his 5 principles of success, and hard-earned lessons from losing millions of dollars in deals over the years. 

Key Takeaways with Justin Colby

• Making $500K at age 22 through B2B sales
• Justin’s 5 principles of success
• The internal wiring of outlier entrepreneurs
• Lessons from losing millions in real estate
• How to start rehabbing properties
• Switching from rehabbing to wholesaling 
• Building a coaching business from scratch
• Wholesaling vs. rehabbing vs. buy-and-hold 
• Adjusting your strategy to bad markets
• How Justin grew a Top 10 business podcast

Get the full show notes here: https://beyondamillion.com/111

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