Interview with my Student Andy About Airbnb Rentals
Investing In Real Estate With Lex Levinrad
Release Date: 07/08/2022
How To Make more Money
Investing In Real Estate With Lex Levinrad
On today’s podcast episode I talk about how to make more money. I talk to some students at my real estate training events who are looking for ways to increase their income. Not everyone is interested in waiting years to build wealth and equity with rental properties. Some people are looking to make more money now. And that is what today’s podcast episode is about. Many new real estate investors are attracted to real estate investing and specifically wholesaling and flipping houses, because they are looking for an easy way to make more money. But I have noticed that these people...
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Understanding the BRRR Method
Investing In Real Estate With Lex Levinrad
On today's podcast episode I talk about the Buy, Repair, Rent and Refinance strategy commonly referred to as the BRRR Method. This is one of my favorite real estate strategies and one of the easiest ways that I know to create long term wealth with real estate. The Buy, Repair, Rent and Refinance Strategy was the method that I used to make my first million dollars in real estate. It has helped me, and many of my students become multi millionaires. Ironically, out of all the real estate investing strategies that there are, it's the easiest strategy to employ for a beginner and requires the...
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How To Buy Houses in 2025
Investing In Real Estate With Lex Levinrad
On today's podcast episode I talk about how to buy houses in 2025 and what to look out for as an investor when buying in today's market. The past 3 years have been an interesting time for real estate investors - especially in Florida. We have seen interest rates move up from a low of 2.65% in 2022 to above 7% by October 2023. This rapid increase in interest rates which was orchestrated by the Fed to reduce inflation had a very sobering effect on the real estate market. Prices peaked around July 2022 and have been on a gradual decline ever since. Over the past year, the market has...
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Bidding on Online Auction Sites
Investing In Real Estate With Lex Levinrad
On today’s podcast episode, I talk about bidding on online auction sites, and buying bank owned properties and foreclosures. In order to understand buying foreclosures and bidding on bank owned properties on online auction sites, it’s important that you understand the foreclosure process and how it works. I will be covering this in detail at the Foreclosures and Bank Owned Properties Boot Camp next weekend. You can learn more about the Foreclosures and Bank Owned Properties Boot Camp at the link below: There are 4 stages to foreclosure: Pre-Foreclosure Foreclosure ...
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How To Find Deals in 2025
Investing In Real Estate With Lex Levinrad
On today’s podcast episode, I talk about how to find deals in 2025. The market has shifted and 2025 will be a big year for change in real estate. The Current Real Estate Situation Real estate prices are up by more than 50% since 2020. The 30 year mortgage rate has increased from a low of 2.65% in 2021 to above 7% today. Anyone who purchased real estate before 2020 is sitting on a lot of equity, and most likely refinanced into a very low interest rate mortgage. These homeowners have no incentive to sell. This is one of the main reasons why inventory has been so low. But what about...
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How To Buy Bank Owned Properties
Investing In Real Estate With Lex Levinrad
BUYING BANK OWNED PROPERTIES On today's podcast episode I talk about buying bank owned properties. This is an important episode because pre-foreclosures and foreclosure auctions are sky rocketing in 2024, and many of these foreclosures that we are seeing now will ultimately end up as bank owned properties. It is important for you to understand how the foreclosure process works in your State so that you can better understand how many of these foreclosures will become bank owned properties and the timeline of how that happens. Typically, when you have not made your mortgage payment for 120 days,...
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Buying Houses Subject To the Existing Mortgage
Investing In Real Estate With Lex Levinrad
On today's podcast episode, I talk about buying houses subject to the existing mortgage. This investment strategy is also known as "assuming the mortgage" or buying "subject to". As prices have pulled back around 15% from the peak, many sellers are realizing that they will not be able to get their Zillow estimate if they sell their house. There are a lot of people who purchased houses 3 years ago when interest rates were as low as 2.5% or 3% (on a 30 year fixed rate mortgage). Today the rate is 6.5% which is more than double what the rate was just 3 years ago. This has created an...
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Fixing and Flipping Houses For Beginners
Investing In Real Estate With Lex Levinrad
On today's podcast episode, I talk about fixing and flipping houses and understanding how fixing and flipping houses works. When you want to fix and flip a house, before you get started it is important to understand who you are selling the house to. I always teach my students to look at a fix and flip in reverse - meaning understand who you are selling the house to first. Your biggest pool of buyers are going to be first time FHA buyers. Those first time home buyers are buying a home with just 3.5% down. The demographic of a first time home buyer is a couple looking to move from an...
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How To Get Started Investing in Real Estate
Investing In Real Estate With Lex Levinrad
On today's podcast I talk about how to get started investing in real estate. I read an article today online which was called "5 Ways To Get Started Investing in Real Estate". This article had some really bad advice for new investors. So I thought I would record this podcast episode on that topic of how to get started investing in real estate. The Article That I Read Recommended These 5 Things. 1. Buy REIT's (I don't recommend that) 2. Online Real Estate Investing Platforms (I don't recommend that either) 3. Buying rental properties (I recommend that you learn how to buy rentals) 4. Consider...
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Why I Recommend Wholesaling For Beginners
Investing In Real Estate With Lex Levinrad
New investors are drawn to wholesaling. Wholesaling is the one area of real estate where most new investors gravitate to. You can start wholesaling without having and cash or credit and it appeals to people who need to make more money and it also appeals to people who don't have money. So it appears to be very easy. The concept of wholesaling is very straightforward. You make an offer to buy a property, get an executed contract, and then assign the contract to another investor. That investor is the one who is going to close on the house, fix and flip it or turn it into a rental or...
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