Mastering Virtual Real Estate Investing w/ Justin Colby
Manage episode 414770442 series 2922807
In this episode of the AZREIA Show, hosts Marcus Maloney and Mike Del Prete are joined by real estate investing expert Justin Colby. Justin shares his journey from working in Phoenix with Marcus to becoming a successful virtual real estate investor based in Miami due to the emergence of the COVID-19 pandemic. With over 2600 deals under his belt, Colby discusses the importance of being a dynamic investor and not limiting oneself to a single strategy such as wholesaling.
He encourages new investors to start with wholesaling but to also explore other options like fixing and flipping, rentals, and commercial properties. Colby also delves into strategies for selecting markets based on growth potential, the role of AI in streamlining processes, and the significance of mentorship and networking through masterminds.
Key Takeaways:
00:22 Introducing Justin Colby: A Real Estate Investing Pro
01:41 The Evolution of Real Estate Investing: From Wholesaling to Diverse Strategies
03:54 Navigating the Challenges and Opportunities in Real Estate
04:44 The Power of Mentorship and Learning from Experience
06:36 Adapting to Market Changes: Strategies for New and Seasoned Investors
13:56 Leveraging Technology and AI in Real Estate Investing
17:15 Building a Sustainable Investment Portfolio: Beyond Wholesaling
18:48 Maximizing Real Estate Investments: Strategies and Insights
21:28 The Power of Virtual Wholesaling and Market Selection
26:16 Leveraging Masterminds and Networks for Real Estate Success
32:14 Future Plans and the Impact of Technology in Real Estate
Connect with Justin Colby
https://www.instagram.com/thejustincolby/
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