Investing In Real Estate With Lex Levinrad

Do you want to learn how to wholesale real estate and flip properties? Join Lex Levinrad on the Investing in Real Estate Podcast and learn how YOU can get started flipping houses today. This podcast is full of ACTION PACKED information and CONCRETE ACTION STEPS that you can start taking TODAY to learn how to start investing in real estate and flipping real estate. Join Lex as he talks about EVERY TOPIC related to INVESTING IN REAL ESTATE including wholesaling, locating deals, finding properties, flipping properties, hard money lenders, online auction sites, marketing for motivated sellers, building your cash buyer lists, deal structuring, fixing and flipping, buying and holding real estate long term and rental properties. Lex has trained thousands of students from all over the world how to invest in real estate. Lex has personally flipped over 1,000 houses and he can teach you the one thing that everyone is looking for - FINANCIAL FREEDOM. Listen to Lex interview some of his successful students who have quit their jobs and now flip houses for a living. If you want to get MOTIVATED and INSPIRED by people who are actually flipping houses RIGHT NOW, then LISTEN TO THIS PODCAST. Lex will also introduce you to some of his real estate friends and he will interview some of the biggest wholesalers and flippers in the country. You will learn from the experience of real estate investors who are doing deals every single day, investors who are literally doing thousands of deals. Listen to this podcast so YOU can learn how to achieve massive results investing in real estate. If you want to learn how to flip houses for a living and maybe even quit your job then SUBSCRIBE TO THIS PODCAST.

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Why Debt Will Make You Wealthy

Updated 2 months ago.

On this podcast episode I talk about why borrowing money to buy real estate will make you wealthy, and why you should not be afraid of borrowing money and debt (for real estate).

The most common thing that I hear from new and beginning real estate investors is that they don't have any money to get started. Remember that the benefit of investing in real estate is compounded by the more you are able to borrow to buy that real estate.

You are not supposed to buy real estate with your money. You are supposed to use borrowed money from investors and private lenders to buy real estate. If you buy your real estate right (at a discount) then you should be able to cash out refinance more money than was put into the property. And if you want to get the maximum tax benefits, leverage and returns on your investment then you have to use as much borrowed money as possible.

In an ideal scenario you should try and find private lender's that will fund your purchase AND your repairs so that your cash out of pocket is as little as possible.

When you use private lender's money to fuel your purchase of real estate, then your returns are substantially magnified and you have no limit to how much real estate you can buy. You are only limited by how much money you can borrow and how many investors you have. You are also limited by how many houses you can find that you can buy at a discount (that's the real challenge).

In order to find houses to buy on a consistent basis, you will need to be marketing all of the time. That means direct mail, pay per click, outbound dialing, Facebook ads, Google Ads and your website(s) producing a constant stream of motivated seller leads.

For this podcast episode I use an example of a house that I purchased back in 2009 for just $35,000. This house was a bank owned property and was purchased directly from the bank. I use this example of an actual property that I own to show you the wealth creation benefit of buying real estate with other people's money. And I show you the benefits of what can happen if you hold it for the long term (in this example 10 years).

I share with you how I purchased this property without using any of my own cash, and how after purchasing and renting this property out I still had $10,000 left over.

I show you how much I borrowed, and how I put $20,000 in my pocket from lease options while I held on to this property. My purchase price was $35,000. My cash out of pocket was zero. My cash in pocket was $30,000. Today the property is worth 5 times that ($175,000). And I still own it!

If you want to create real wealth (millions of dollars), you will need to learn how to buy a lot of real estate with other people's money. And in order to do that you will need to get over the fear of borrowing money. Why? Because debt will make you wealthy. However borrowing money to buy real estate will only work for you if you buy the real estate at the right price. That means you have to buy at a discount to market value. That's the real challenge. Learning how to buy real estate at a discount - which is why I focus on teaching this at my Wholesaling Real Estate Boot Camp.

If you are brand new to real estate and want to learn more about how to wholesale real estate and flip houses then please register for the free wholesaling real estate training at this link below:

FREE WHOLESALING TRAINING
https://www.lexlevinrad.com/webinar

FIXING AND FLIPPING TRAINING
If you want to learn how to fix and flip houses I have a fix and flip training webinar at this link: https://www.lexlevinrad.com/fixandflipwebinar

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For more real estate tips about property investment, investing in real estate, and how to start wholesaling, download a FREE copy of my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com

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