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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How To Get Started Wholesaling Houses

Updated 5 months ago.

On this podcast episode, I walk you through a 90 day plan on how to get started wholesaling houses.

STEP ONE - CASH BUYERS
The first thing that you want to do is start out by building your cash buyer's list and talking to cash buyers. the best way to do this is by posting properties for sale on your website. If you don't have properties to post, then network with other wholesalers that do have properties and get permission from them to market their deals to your cash buyers.

For the website I recommend that you use Investor Carrot (www.lexlevinrad.com/carrot) because it and is already set up with lead capture forms that capture buyers information when they visit your website. Carrot websites are also great for SEO and will integrate very easily with mail chimp for email broadcasts. This will come in handy when you want to start marketing wholesale deals to cash buyers via email. I highly recommend that you consider getting your real estate license before you start marketing properties since you are required to have a license in order to be marketing real estate.

Bandit signs are a great way to market directly in the area of the properties that you have under contract to flush out cash buyers. Try and aim for 10 new cash buyers per day. If you do this consistently then you will have 900 cash buyers in your database after just 90 days. And when you market a wholesale deal to these 900 buyer's, you will not have a problem selling your deal.

STEP TWO - LEARN WHAT A DEAL IS

If you are going to be talking to cash buyers, you will need to know the after repair value of houses (what the house could be sold for after being repaired) and you will need to know how to estimate the repair costs. Buyer's will ask you questions like "how much is it worth" and "what does it need". What they are really asking is what is the ARV (after repair value) and how much repairs does it need. If you don't know the answers to these basic questions then you will not be able to sell properties to cash buyers. If I asked you this question and your answer was vague I would not answer the phone again when you called.

STEP THREE - MARKET TO SELLERS

Once you have cash buyers, you will need to have properties to sell to your cash buyers. In order to have a consistent pipeline of leads you will need to be consistently marketing to motivated sellers. the key word is to be CONSISTENT with your marketing. It does you no good to start and stop your marketing. This marketing can be bandit signs, Facebook Ads, or Direct Mail. But you must be marketing. And when you get a seller that wants to sell and you need to make an offer then you need to know how much to offer. And this is where understanding what a deal is become so important.

You need to understand the ARV and the repairs (step two above). If you don't know how to estimate what a house is worth or how to estimate the repairs then I highly recommend that you come to my Wholesaling Real Estate Boot Camp (which is held in May and September). This boot camp is for beginners and teaches you how to estimate ARV and repairs. I take my students to bank owned properties and show them on site how to estimate what the house is worth and how much repairs are needed and how to calculate how much to offer.

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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DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING PROPERTIES
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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