Investing In Real Estate With Lex Levinrad

Do you want to learn how to buy rental properties, wholesale real estate and flip houses? Join Lex Levinrad on the Investing in Real Estate Podcast and learn how YOU can get started investing in real estate 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, buying rental properties, fixing and flipping and wholesaling houses. 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, buying rental properties, buy repair rent and refinance, and investing in Airbnb. 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 invest in real estate and how to find, fix and flip houses for a living (and maybe even quit your job) then SUBSCRIBE TO THIS PODCAST.

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The Opportunity in Bank Owned Properties

Updated about 1 month ago.

On today's podcast episode, I talk about the opportunity that will be created as a result of the ending of the foreclosure moratorium.

The Foreclosure Moratorium ended in September 2021, however the CDC recommended that banks not pursue homeowners in foreclosure until the end of the 2021. Most banks waited until the end of last year.

Many States require a 120 day "grace period" before the bank can sue or foreclosure on an individual that is not paying their mortgage. That expired at the end of April 2022.

So we are now going to see many homeowners who have not been paying their mortgages start receiving notices of default (NOD) or Lis Pendens (foreclosure lawsuit). The net result is that many of these homeowners will have to face some hard realities. They will have to either sell their home or lose it to foreclosure.

These homeowners who have not been paying their mortgage (some since March of 2000) are going to have only 3 choices which are:

1. Have the bank agree to a loan modification
2. Sell their home before the bank takes it
3. Don't pay and lose their home to foreclosure

The net effect is that we should be seeing more inventory from these pre-foreclosures, as well as more short sales, and more homeowners listing their home for sale on Zillow.

The end result will be foreclosure auctions at the court house which turn into bank owned properties.

In many ways, this is a perfect storm. Interest rates have increased by 2 percent in just the past few months. War and inflation have created havoc in the financial markets. It will be very hard for real estate to remain resilient in the face of all this.

I anticipate more foreclosures, more short sales and ultimately more bank owned properties. The net result will be more inventory along with less demand.

As an investor, you should start by learning how the foreclosure process works in your State and you should start marketing to motivated homeowners that in foreclosure.

This is also a good time for you to learn how to buy pre-foreclosures, and how to complete a short sale package. Start learning how to buy bank owned properties and get familiar with the sites that banks use to liquidate these properties.

The opportunity is coming. Are you going to be ready?

If you are brand new to real estate and want to learn more about our real estate training programs, investing in real estate, buying rental properties, wholesaling real estate, fixing and flipping houses, and investing in Airbnb short term rentals then please register using the free webinar training links below:

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

FREE FIXING AND FLIPPING TRAINING
If you want to learn how to fix and flip houses, I have a free fixing and flipping houses 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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