He's Flipped Over 2,400 Homes & Shares His Biggest Lessons Learned | Justin Colby E122

Rich sits down with Justin Colby - Real Estate Investor, Entrepreneur, Educator, and Coach. During his 15+ year career as a real estate investor, Justin has flipped over 2400 homes, done wholesaling, and is now getting into the real estate space. He typically buys between 2-5 houses a week.Rich and Justin start off by discussing what Justin currently owns, how’d Justin got his start in house flipping, how Justin runs his team, when to flip or wholesale a home, the BRRRR method, refinancing, the current interest rate market compared to the last 50 years, and creating value.They then reflect on where Justin is currently buying properties, the appreciating market in Florida, when and why someone should exit a deal, the problem with depreciation, Investor Girl Britt, Justin’s newest podcast “Entrepreneur DNA,” Dave Grutman and Brian Malarkey, the worst deal Justin’s ever made, taking risks, the differences between a $200,000 home and $1.1 million home, the magic zip code in Scottsdale, and making mistakes and learning from them.Lastly, Rich and Justin talk about the adrenaline rush built by buying real estate, Justin’s purpose in real estate, happiness stemming from growth and progress, being lonely on the top of a mountain, what Justin’s best deal has been, how to handle lawsuits, and what’s next for Justin.Connect with Justin on Instagram: @thejustincolbyJoin our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth. Connect with Rich on Instagram: @rich_somersInterested in joining The 7 Figure Creator Mastermind? Visit www.the7figurecreator.com to book a free intro call.Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call.