We have a lot of questions coming in asking about rental properties and turn key rental properties. Today's podcast episode talks about Turn Key Rental properties in Florida. On this episode I discuss a typical turn key rental property that we sell to our investors with property management included. The example that I used on this podcast is a 3 bedroom 2 bathroom house in Port St Lucie, Florida. This house can be purchased for $175,000 and would rent for $1,350 per month. At this price assuming...
Sep 17, 2018•15 min
On this podcast episode I talk about buying rental properties with no money down. No money down real estate investing is one of the most overlooked and misunderstood aspects of investing in real estate. I have had real estate agents and mortgage brokers tell me that it is impossible to buy real estate with no money down. Even my own mortgage broker who refinanced my rental properties could not quite grasp the concept of what I was doing. But the topic is incredibly simple. If you find a wholesal...
Sep 13, 2018•28 min
On this podcast episode I talk about the pros and cons of Wholesaling, compared to Fixing and Flipping and Landlording. If you are a beginner then wholesaling is the easiest and best place to start out since it involves very little money, does not require credit and has no risk. Fixing and Flipping requires more money, borrowing hard money and has much more risk but also much higher profit potential. And buying rental properties provides you with passive income and positive cash flow - but you h...
Sep 11, 2018•27 min
On this podcast episode, I talk about how new real estate investors have a tendency to focus on the wrong things. Many real estate programs tell new investors to start out by setting up their LLC's, opening checking accounts and setting up their website and business cards. As a new real estate investor, the only thing you should be focusing on is making money. The most important thing as a new real estate investor is to focus on action steps that will make you money. Any items that will not make...
Sep 10, 2018•21 min
On this podcast episode, I discuss buying real estate with other people's money and how you should be using private lender's to fund your real estate deals. I give you examples, including the first house that I purchased with no money down, and how that deal was structured. We discuss the advantages of borrowed money and why the leverage of tapping into other people's money is crucial to increasing your returns. Make sure you take note of the advice that I give at the end of the podcast of what ...
Sep 06, 2018•25 min
On this podcast episode I discuss bidding on online auction sites like Hubzu, Auction and Xome. Online auction sites that list bank owned properties (REO's), and short sales are an excellent resource to find good deals at wholesale prices. Many of these deals have enough profit potential for you to be able to wholesale the property to rehabbers or fix and flip the property yourself. For example, I recently posted a video of myself standing in front of a house with a Hubzu sign. That house was pu...
Aug 18, 2018•11 min
One of the biggest challenges for new investors who are looking to get into fixing and flipping houses, is the fear of not having a good contractor to do the work for them. I have seen this fear stop investors dead in their tracks, even when they have a good house, and the money lined up to buy the house. The fear of not knowing a contractor that will do the work or how much it will cost will prevent many new investors from pulling the trigger and moving forward on the deal. Don't let this fear ...
Aug 12, 2018•18 min
On this podcast episode I discuss the importance of understanding full retail value when calculating the After Repair Value. As an investor it is very important for you to understand what a house would sell for once it has been fixed up. In order to know this, you need to understand the difference between full retail price on a property that has been completely remodeled with granite counter tops, nice cabinets and stainless steel appliances versus a house that is at retail price in great condit...
Aug 11, 2018•11 min
One of the best ways to locate real estate deals is by something called “driving for dollars”. Many of your competitors may be mailing post cards and yellow letters, or paying for expensive pay per click campaigns on Google or buying Facebook Ads. Some of your competitors may even be using automated dialers to cold call expired listings, for sale by owners or targeted lists that they have acquired. Those approaches all work great (and we use them all). But let me ask you a question. How many of ...
Aug 10, 2018•10 min
On this podcast episode I discuss how wholesalers assign contracts when they are flipping houses and how assignments of contract work. We talk about the pros and cons of assigning a contract versus paying for a double closing and when you should double close versus assigning the contract. My personal preference is to always double close but many wholesalers that I know always assign almost every house that they flip. You can download an "assignment of contract form" at this link which was mentio...
Aug 09, 2018•8 min
On this podcast episode I talk about something that from the guy that taught me real estate - my mentor Ben. It's the concept of urgency and how when you spot a deal you need to have the sense of urgency to understand what you have and lock it up before someone else does. I like to use the analogy of a lion in the wild. If a lion has not eaten for weeks and it spots a deer then it doesn't think to itself hmmm should I eat. No it pounces on the deer and it eats. If you are a real estate investor ...
Aug 08, 2018•8 min
On this podcast episode I talk about motivated seller appointments. When you are marketing to motivated sellers, regardless of the method you use to market to sellers, you will need to go on motivated seller appointments. On this podcast I discuss the initial lead intake form, and the type of conversation that you will have with a motivated seller. When you have that first conversation with the seller, you will need to know what questions to ask them. It is helpful if you have a script to use. Y...
Jan 19, 2018•35 min
In this brief training video Lex shows you how to use bandit signs to market for Distressed Sellers
Jan 01, 2017•6 min
On this podcast episode Lex talks about how you can learn to be more productive by structuring your day into specific segments. Topics covered include productivity apps, and how to structure learning and reading into your day to become way more productive.
Dec 18, 2016•22 min
Listen to this podcast to learn how thoughts become actions and how what you think, and what you believe are ultimately what end up happening to you. Lex explains this concept and how it relates to real estate.
Dec 02, 2016•40 min
On this podcast Lex explains the key concepts to creating systems and how they apply to your real estate business. This concept is valid regardless of whether you are a business owner, real estate agent, landlord, flipper, wholesaler or mortgage broker. You need to create a system because you cannot do everything yourself.
Feb 28, 2016•26 min
Lex Levinrad explains the 16 Laws of Success created by Napoleon Hill and gives listeners an introduction to each of the 16 laws of success.
Feb 27, 2016•15 min
On this podcast episode Lex talks about leads and what you need to be doing to get leads for investing in real estate.
Jan 11, 2016•10 min
This is the 5th part of a multi-part series on Investing in Distressed Real Estate. On this podcast Lex talks about the cost of repairs and how to seperate the cost of materials and the cost of labor. Make sure you listen to the rest of the podcast episodes on this serios of Investing In Distressed Real Estate
Dec 21, 2015•23 min
This is the third lesson in a multi part series about investing called "Investing In Distressed Real Estate". On this episode, Lex talks about short sales, the short sale process, how to negotiate a short sale and the short sale package. Other topics related to short sales such as deed restrictions and loan modifications as well as flipping short sales are discussed on this episode.
Nov 10, 2015•18 min
This is the second lesson in a series in investing called "Investing In Distressed Real Estate". On this lesson which is part 2, we learn about another type of distressed seller - the seller who is about to go into foreclosure or who is already in foreclosure. Lex discusses the 3 different stages of foreclosure, the foreclosure process and how properties ultimately become bank owned properties REO properties.
Nov 10, 2015•28 min
Join Lex Levinrad as he talks about investing in Distressed Real Estate in the first of a multi part series about investing in distressed real estate. This podcast is part 1 in a series that focuses on distressed real estate, distressed sellers, distressed properties and why sellers would sell these properties for less than market value to cash investors.
Oct 30, 2015•27 min
Lex Levinrad Being Interviewed By Kerry Lutz On The Financial Survival Network About Flipping Properties In Florida
Nov 08, 2013•25 min
Audio interview on the Financial Survival Network with Kerry Lutz and Lex Levinrad
Jun 18, 2013•20 min
Lex Levinrad audio interview with Randy Hughes aka "Mr Land Trust" talking about using land trusts for investing in real estate.
May 30, 2013•11 min
Lex Levinrad being interviewed on FOX News Radio 1460 KION on the "Mornings With Mark Show" with Mark Carbonaro. In this interview Lex and Mark are discussing the effect of the Fiscal Cliff on the U.S Housing Market.
Dec 19, 2012•13 min
Lex Levinrad gives a brief introduction to fixing and flipping bank owned properties and short sales in this podcast.
May 10, 2012•25 min
Lex Levinrad, founder and CEO of the Distressed Real Estate Institute talks about investing in Distressed Real Estate and how to make money fixing and flipping bank owned properties
Feb 27, 2012•34 min
Lex Levinrad interview with Kevin Dawson from Global Talk Radio about investing in Distressed Real Estate and the Distressed Real Estate Institute. To learn more visit http://www.lexlevinrad.com or call 561-948-2127
Feb 21, 2012•10 min
Join Lex Levinrad, host of the Distressed Real Estate Radio Show as he talks about double closings and why this method is necessary when flipping bank owned properties.
May 17, 2011•9 min
