TLDR – What’s The Verdict On The Science Of Flipping?
So, is The Science Of Flipping worth it?
Let’s break it down, shall we?
If your idea of “worthwhile” means impressing your inner circle with newfound knowledge about real estate flipping, then hey, maybe there’s some value in it for you.
On the other hand, if your definition of “worthwhile” is about making some serious cash, well, brace yourself for a reality check. Success in the world of flipping real estate isn’t guaranteed!
The real estate market is like one of your friends in your social group that easily gets peer pressured into doing some stupid things. I mean, it’s influenced by market conditions, market dynamics, interest rates and more, which makes it challenging to understand market trends with absolute certainty.
Don’t get me wrong, real estate investing is a great way to protect your assets while generating some moolah – but the property market is way too unpredictable!
Now, most of us are trying to break free from the 9-5 grind to spend more time with our loved ones and trying to find a way to generate cash without posing a risk to our family’s security.
Real estate is particularly risky, especially when starting out without experience as it requires a serious amount of expertise to navigate through the ups and downs.
It just isn’t a stable way to earn a living, but don’t worry! I’m not gonna leave you with one foot at the door.
I recommend Digital Leasing if you are looking for a reliable and low-risk way to build a steady stream of income.
Digital leasing doesn’t depend on external market conditions to keep a roof over your head and the best thing about it is that you are guaranteed a consistent monthly income, unlike what real estate flipping gets you!
Who Can Benefit From The Science Of Flipping And Who Isn’t It For?
The Science Of Flipping could be for you if you:
- Are already flipping properties and want guidance from a more experienced guru.
- Have lots of cash handy and want to try your hand at real estate flipping.
It may not be for you if you:
- Are looking for a quick ROI. It can take a significant amount of time to see profits with real estate, which could take up to a few years.
- Want a refund if you decide the program doesn’t meet your expectations. This Trustpilot user tells us that Justin didn’t offer a refund, even though they hadn’t gone past the introductory video.
Area | Score | Description |
---|---|---|
Time Investment | 2.5 out of 5 stars | There are 9 courses available in the Insider program which can be completed at your own pace. However, finding the right properties and then renovating them can take a lot of time. |
Level Of Control | 2.3 out of 5 stars | Real estate investments are always fluctuating and are beyond your control. The only control you have is finding the right deal and hoping that the market stays in top form. |
Ease Of Implementation | 3.4 out of 5 stars | The courses are well-structured, making them easy to understand and you also get two coaching options to ensure your learning process runs smoothly. |
Profit Potential | 2.2 out of 5 stars | The profit margins depend on your ability to find great deals but the rest is up to the market conditions to determine your level of success. |
Justin Colby Net Worth And Business Model At A 1,000 FT View
Justin Colby’s The Science Of Flipping operates in a real estate business model, more specifically flipping.
So, how does real estate flipping work?
Well, imagine you find a house that needs some fixing up, it could be new paintwork, flooring or maybe just some repairs. You buy the house at a good price, fix it up and make it look nice, then sell it for a higher price in order to make some profit.
It’s similar to buying an old laptop, fixing it up and then selling for more money to buy a newer laptop.
Justin Colby’s involvement in over $100 million in real estate investments means that he has achieved a significant net worth through this business model.
About The Guru – Justin Colby
Justin Colby is a real estate investor who hails from Scottsdale, Arizona. He graduated from UCLA with a bachelor’s of science degree in 2003.
He ran a real estate brokerage company at the age of 26, but it ended up going bust. It wasn’t until 2007 that he started flipping.
Justin has completed over 1400 deals and held the positions of Vice President of Sales for Real Estate Worldwide (2015 – 2017) and President of Phoenix Wealth Builders since 2012.
He founded The Science Of Flipping in 2012 and helped hundreds of students achieve their goals flipping houses.
Justin has also authored a book with great reviews, “The Science of Flipping: A Proven Formula For Successful Real Estate Investing,” in 2014.
How Much Does The Science Of Flipping Cost?
The Science Of Flipping Insider is currently on offer for $997 instead of the usual $2,997
For the Level Up Coaching and Elite Partnership Program, you will need to book a call to find out the prices.
How Is The Science Of Flipping Different From The Rest?
Let’s explore alternative programs out there similar to The Science Of Flipping that teach you different real estate strategies.
Virtual Wholesaling – This mentorship program provides in-depth guidance on acquiring properties but it seems to skim over important details, so you might find yourself a little lost when you step into the real world of real estate.
BnB Formula – Brian Page’s virtual real estate training program unveils his proven formula for identifying property owners to list online. The great thing about it is that it is self-paced, meaning you can complete it whenever you find the time in your daily schedule.
Ron Legrand course – A real estate coaching mentorship where you are taught step-by-step how to acquire properties. 1-on-1 coaching is available but comes with an additional cost. One thing to note about this course is that the material may be outdated in current times.
The Science Of Flipping differs from these other programs as Justin offers two distinct coaching programs: Level Up Coaching, which lasts 6-12 months, and Elite Partnership Program, which lasts 12-24 months. These programs are tailored for people with different levels of experience.
What’s My Personal Opinion On The Science Of Flipping?
There are a few things you should consider before purchasing any program online:
- How much experience does the guru have?
- Is the program well-reviewed?
- Does the program provide high-quality information?
- Is there enough coaching time available?
- Is there transparency on the costs of the program?
Would I Recommend The Science Of Flipping?
Here’s what I like about The Science Of Flipping:
- There are two different coaching programs available, with shorter and longer durations, giving students options depending on their availability and specific goals.
- The Insider Academy is filled with numerous resources, tools, and software, making it jam-packed with information.
Here’s what I don’t like about The Science Of Flipping:
- Lack of transparency on the costs of the coaching programs means individuals may feel skeptical about the value on offer.
- There are a lower number of people willing to sell or buy real estate properties now than before, meaning there are fewer deals.
I would not recommend this program due to the uncertainty and lack of transparency regarding the final price, coupled with the small profit margins of the business model, raising questions about the overall worth and effort required. It just doesn’t give me the confidence to make a purchase.
Is The Science Of Flipping Legit Or A Scam?
I don’t think Justin Colby is scamming you with his program but it depends on how you see it…
You are taught by an experienced guru who has been in the real estate game since 2007, so there is value to be gained from Justin’s teachings.
But the thing is getting into real estate is a costly move. I mean, you need a substantial amount of money upfront to start.
It’s not something that’s ideal for everyone since most of us are living paycheck to paycheck; we don’t have 5 figures to 6 figures just lying around the house. We may have 5-figures of bills lying around, but real estate doesn’t take those kinds of bills, just straight dollars!
Rather than breaking your piggy bank, and feeling disappointed, Consider this:
If I was to tell you that if you took some spare time out of your day to create a single digital asset, and once done you can receive $500 to $10,000, what would you say?
“Whatcha talkin bout Willis”, right?
Hear me out… it gets better, and what if I told you that you could start right away and potentially get paid a week later?
I’m not done just yet, and you could double it or triple it many times over until your desires are satisfied and you’re basically sleeping with money every night.
Well if this sounds interesting, you might want to peek at Digital Leasing, I have a strong feeling that you and this program may have great chemistry!
With Digital Leasing you can earn a safe and secure income stream that doesn’t require a truckload of cash to begin with.
You can start off small, perhaps using a portion of your monthly wage and gradually scale your business to your likings.
There are students of this program that are successfully chilling, and what do I mean by that?
They are running 6-figure business while traveling the world and enjoying their lives. They can take a break, chill out because the money will keep coming in since it’s all passive!
That’s the true meaning of freedom!
What’s Inside The Science Of Flipping?
Here is what you get inside Justin Colby’s program:
- The Insider Academy – Fundamentals of wholesaling to building a buyers list and filling out contracts.
- The Science of Marketing – Covers all the components of marketing to find motivated sellers.
- The Science of Sales – A Breakdown of 4 types of personalities and how to negotiate with each of them.
- The FB Flip Formula – Funds-Free formula to make 3-5 deals per month using Facebook.
- The 5 Day Deal Challenge – How to find a deal in 5 days in any market.
- The Triple 3 Challenge – How to find deals in 3 days by identifying potential deals using a unique strategy.
- Insider Toolbox – Access to every document you need for your business which includes agreements, tracking sheets etc.
- Resource Library – Access to links, resources and software’s Justin uses himself.
- Expert Advisor Support – Ongoing support through your training.
Conclusion: The Science Of Flipping Reviews
So, is The Science Of Flipping worth it?
I don’t think so.
Let’s recap: So, the real estate business model comes with high upfront investments and low profit margins, it’s heavily influenced by market conditions making it an unpredictable source of income and what was the icing on the cake?
Oh yeah, you have to wait a couple of years to either break even or make a little bit of dough.
It’s a hard pass from me but only because I don’t have hundreds of thousands of dollars to spare but if you happen to be one of those whose bank balance requires to be viewed with your phone on landscape tilt , sure real estate is a good business to get into. It’s a good way to diversify your portfolio!
But for those, whose bank balance doesn’t look like a mobile phone number and are looking for a way to make a stable source of income, I suggest you take a look at Digital Leasing.
With Digital Leasing, the profit margins are HIGH and the return on investment is quicker than what The Science Of Flipping gets you.
What Is The #1 Way For Making Money Online In 2024?
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
- Flexibility: You’re going to have to spend a lot of your time trying to find the right properties and then renovating them. Whether you have just an hour to spare or want to go full-time, Digital Leasing is tailored for “passive income” – more gains with less effort.
- Ownership and Control: Digital Leasing grants you outright ownership of assets, ensuring control and impressive profit margins ranging from 90-95%.
- Low Startup Costs: There is a substantial upfront cost when it comes to real estate flipping which can be anywhere from 5 to 6 figures. You can begin with minimal upfront expenses with Digital Leasing. You might even start earning before spending a dime, and your initial property can go live for less than $100.
- Minimal Ongoing Expenses: Real estate comes with a significant amount of monthly payments from loans, ongoing maintenance costs and repairs. Digital Leasing keeps it straightforward with minimal maintenance and expenses.
- Easy to Duplicate: Once your first digital property is up and running, doubling your income becomes a breeze – just a few clicks, keystrokes, and maybe a call away.
- Helping Real People: Unlike The Science Of Flipping, Digital Leasing extends beyond numbers, allowing you to support local businesses and make money while genuinely impacting people’s lives.
The choice is yours. Keep exploring, keep researching, or join a community of over 2,000 successful students living life on their terms with Digital Leasing.
Your success goes beyond numbers – it’s about assisting real people who appreciate and happily pay for your services.
If consistent income, flexibility, and helping others align with your goals, click here to learn more about Digital Leasing.