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Justin Colby: The 2 Million Dollar Mistake And The Public Comeback | Justin Colby
Learn More About Justin: https://thescienceofflipping.com
Justin Colby has flipped over 1,500 houses and runs two podcasts. He came on the show to do something most operators won't: name a 2 million dollar failure he's currently working through, and explain how a contractor he trusted faked an entrie renovation. If you've ever bought a deal because of pride, this one's for you.
TIMESTAMPS:
0:00 Intro
1:24 Dallas Snowstorm Story
5:14 Childhood Scarcity
9:34 Therapy Breakthrough
19:39 Three Levels Of Proving
22:00 The 2008 Wipeout
30:45 The Contractor Disaster
42:00 Building Up Vs Down
50:00 Five Hard Lessons
1:00:00 Rich Vs Wealthy
1:09:30 The 36-Month Trap
1:15:45 Closing Questions
BOOKS & RESOURCES MENTIONED:
- Buy Back Your Time by Dan Martell
- The Obstacle Is the Way by Ryan Holiday
- Think and Grow Rich by Napoleon Hill
- The Seven-Day Weekend by Ricardo Semler
GET CONNECTED:
Website: www.BeWealthy.com
YouTube: youtube.com/@bewealthybrett
Instagram: instagram.com/bewealthybrett
Facebook: facebook.com/brettbewealthy
X/Twitter: x.com/bewealthybrett
FREE RESOURCES:
Free Tools & Downloads: https://www.bewealthybrett.com/resources
Cost Segregation Studies & 45L Tax Credit: SingleFamilyCostSeg.com
Infinite Banking Education: SaveLikeaBank.com
Self-Directed IRA: MaxOutRetirement.com
Trust & Entity Structure: SetupMyEstate.com
Off-Market Deals & Direct Mail: TheMagicMailers.com
1031 Exchange: Exchange1031Now.com
Bookkeeping & Financial Services: BooksOffMyPlate.com
PPC & Digital Marketing for RE Investors: ScaleMyDeals.com
ABOUT THE SHOW:
The Be Wealthy Podcast brings entrepreneurs the strategies to grow their business, then teaches them how to think about their money. Because wealth is far more than money. It's freedom. Hosted by Brett Tanner & co-pilot Katelyn Mitchell.
Mission: Get Free.
DISCLAIMER:
Be Wealthy and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational and entertainment purposes only. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
GUEST INFO:
Justin Colby is the founder of The Science of Flipping podcast and coaching program and host of The Entrepreneur DNA podcast. He has flipped over 1,500 houses since 2007 and runs an active portfolio of apartments and rental homes out of Scottsdale, Arizona.
By Brett Tanner5
5959 ratings
JOIN THE BE WEALTHY MASTERMIND
Want to join a room of entrepreneurs who think bigger about money? Go to bewealthypodcast.com and click Apply Now.
Justin Colby: The 2 Million Dollar Mistake And The Public Comeback | Justin Colby
Learn More About Justin: https://thescienceofflipping.com
Justin Colby has flipped over 1,500 houses and runs two podcasts. He came on the show to do something most operators won't: name a 2 million dollar failure he's currently working through, and explain how a contractor he trusted faked an entrie renovation. If you've ever bought a deal because of pride, this one's for you.
TIMESTAMPS:
0:00 Intro
1:24 Dallas Snowstorm Story
5:14 Childhood Scarcity
9:34 Therapy Breakthrough
19:39 Three Levels Of Proving
22:00 The 2008 Wipeout
30:45 The Contractor Disaster
42:00 Building Up Vs Down
50:00 Five Hard Lessons
1:00:00 Rich Vs Wealthy
1:09:30 The 36-Month Trap
1:15:45 Closing Questions
BOOKS & RESOURCES MENTIONED:
- Buy Back Your Time by Dan Martell
- The Obstacle Is the Way by Ryan Holiday
- Think and Grow Rich by Napoleon Hill
- The Seven-Day Weekend by Ricardo Semler
GET CONNECTED:
Website: www.BeWealthy.com
YouTube: youtube.com/@bewealthybrett
Instagram: instagram.com/bewealthybrett
Facebook: facebook.com/brettbewealthy
X/Twitter: x.com/bewealthybrett
FREE RESOURCES:
Free Tools & Downloads: https://www.bewealthybrett.com/resources
Cost Segregation Studies & 45L Tax Credit: SingleFamilyCostSeg.com
Infinite Banking Education: SaveLikeaBank.com
Self-Directed IRA: MaxOutRetirement.com
Trust & Entity Structure: SetupMyEstate.com
Off-Market Deals & Direct Mail: TheMagicMailers.com
1031 Exchange: Exchange1031Now.com
Bookkeeping & Financial Services: BooksOffMyPlate.com
PPC & Digital Marketing for RE Investors: ScaleMyDeals.com
ABOUT THE SHOW:
The Be Wealthy Podcast brings entrepreneurs the strategies to grow their business, then teaches them how to think about their money. Because wealth is far more than money. It's freedom. Hosted by Brett Tanner & co-pilot Katelyn Mitchell.
Mission: Get Free.
DISCLAIMER:
Be Wealthy and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational and entertainment purposes only. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
GUEST INFO:
Justin Colby is the founder of The Science of Flipping podcast and coaching program and host of The Entrepreneur DNA podcast. He has flipped over 1,500 houses since 2007 and runs an active portfolio of apartments and rental homes out of Scottsdale, Arizona.

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