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Colin and Josh finally spill the beans on their latest mobile home park deal — a $3.6 million portfolio they locked down with (almost) no money out of pocket. But here’s the catch: they actually did bring a few grand to the table… so is "no money down" just a sexy lie to sell you a course?

This episode dives into what “no money out of pocket” really means, how their investor got 5% equity, and the beautiful mess of coordinating signatures with trusts, partners, and a very tired Josh who went to bed at 7:30 PM. Oh, and if you're a high-income earner looking to offset taxes — the boys talk depreciation and short-term rental loopholes too. Grab a wine (hopefully worth $460 like Colin’s), and enjoy the banter.

🔑 Key Topics :

💸 No Money Down... Or Is It?

How they bought a $3.6M deal with $3K out of pocket — and why that’s not exactly “free real estate.”

👨‍⚕️ Locums Life & Sleep Goals

Josh’s 11-hour coma, energy drinks, and travel anesthesia grind.

🥳 Fiesta Neighbors & $500 Wine

Colin's neighbors throw better parties than most weddings. Perks: loud music, cupcakes, and luxury wine.

✍️ The Signature Struggle

Why getting everyone to sign a deal is harder than herding caffeinated cats.

🏡 Short-Term Rentals & Tax Loopholes

Why short-term rentals might be the move for high-income W2 folks (and how depreciation works, simplified).

💰 Bonus Depreciation Breakdown

The legal trick that lets you pay no taxes (for now), and how it’s phasing out fast.

🏦 Investor Equity Math

$75K = 5% equity. The logic, fairness, and long-term strategy behind the split.

🙃 The Least Sleazy Community Ever™

A future IRN real estate community that’s honest, helpful, and definitely not trying to upsell you.

⏱️ Timestamps:

00:00 – “We lied to you last week” 😅

01:10 – Josh's 7:30 PM bedtime & locum life fatigue

03:40 – Colin’s neighbors throw a fiesta (ft. bounce house + $500 wine)

06:15 – The real deal: $3.6M portfolio with $3K out of pocket

08:40 – Why 5% equity to an investor made sense

11:10 – The signature circus: how too many cooks slow the deal

13:30 – What “no money down” really means (and doesn’t mean)

16:05 – Bonus depreciation 101: how it works, why it matters

19:45 – The short-term rental tax loophole: is it for you?

24:00 – Material participation explained in normal human words

27:20 – “We’re not tax pros, but here’s what worked for us”

30:10 – Why most real estate communities feel… kinda sleazy

32:25 – Colin’s dream: “The Least Sleazy Community Ever™”

33:20 – Brandon’s surprise podcast appearance + birthday shoutout

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Colin and Josh are back with a full dose of real talk and IV bags. From border disputes to dog drama, they unpack why 2025 might be the best time ever to buy real estate—yes, even with these interest rates. Plus: appraisals that make no sense, closing delays that never end, and Colin’s dog Estelle being unfairly blamed (again). Whether you're a Dadpreneur or just here for the chaos, this one’s a ride.

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🔑 Key Topics :

🏥 IV Hustle in Napa Valley – Colin’s concierge side gig for hungover wine tourists and marathon runners

🐶 French Bulldog Feud – Why Estelle might actually be the best (or worst) dog in America

🏡 Is 2025 the Best Time to Buy? – The case for buying in today’s market, interest rates be damned

📉 Appraisal Insanity – $3,000+ appraisals for a couple hundred square feet?

📅 Delayed Closings & Seller Financing Gymnastics – Creative structuring & partnership loyalty

📱 Getting Serious About Social Media – Building the brand, one awkward post at a time

📦 Why Hiring BEFORE You Can Afford It Might Be the Move – Shoutout to Brandon and the VA dream team

⏱️ Timestamps:

00:00 – Welcome, power struggle over “co-host” title & Napa IV tales

04:30 – Dadpreneur life, newborn named Oslo, and family name drama

08:10 – Green Bay updates + CRNA advocacy + delays in DC

11:25 – Why buying now (2025) actually makes sense

15:45 – Interest rates vs. real estate price trends (David Greene analogy)

19:00 – Real estate license journey + referral fee win

25:00 – Leveraging your network for faster sales

30:00 – Social media strategy and Colin's journey to being a full-time family guy

35:00 – All the ridiculous reasons this closing STILL isn’t done

39:30 – Tease for next week: onboarding struggles, property management, and Brandon’s POV

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In this roundtable, Joshua Condado and Colin Davis take us back to the roots — no guests, no fluff, just the real, raw story of how two broke nurses used creative financing (and possibly queso therapy) to build a multi-million-dollar real estate portfolio. From bounced checks to air quotes "sales," this one is packed with strategy, humor, and lessons learned the hard way.

🔑 Key Topics

💰 Creative Financing: How they bought a mobile home park with $800 out of pocket

🧠 Mindset Shift: From stock market PTSD to real estate confidence

🛠️ Systems: Why back-of-the-napkin math is not a business plan

🧀 Queso Economics: The 96oz queso incident explained

🫱🏼‍🫲🏽 Partnerships: How having a solid partner saved their portfolio (and possibly their sanity)

🧾 Equity Confusion: Selling duplexes with air quotes and handshake deals

🧠 Communication Grows Up: From venting to problem-solving in business partnerships

🛑 Cautionary Tales: Why "put it in writing" is more than just good advice

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⏱️ Chapters

00:00 – Back again (with no intro):

The boys are winging it... again. Let’s talk creative finance.

03:30 – How we bought a $600K park with $800:

Seller carry, bounced checks, and the deal that started it all.

06:40 – The 96oz queso incident:

Josh vs. fluid ounces. Spoiler: queso wins.

10:05 – $35K houses scared us more than $3.6M parks:

Why small steps build big confidence.

12:30 – Why we didn’t quit:

Airbnb stress, solo investing burnout, and how partnership saved the dream.

18:00 – “Selling” duplexes with air quotes:

Handshake deals, equity confusion, and IRS nightmares.

25:50 – Let’s just sell them:

The conversation that cleared it all up (and why writing things down matters).

34:00 – Final numbers & forward focus:

From $260K to $375K — plus what’s next for their investing strategy.

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Click the link, share your contact details, and we'll help you get started on your investment journey. Start now!