One of the biggest misconceptions out there for people who want to get started investing in real estate is thinking that you need to have money and good credit. But nothing could be further from the truth.

When I started investing in real estate, I had $600 in my checking account, and I had very bad credit. You don’t really need money to get started and you also don’t need to have good credit. What you do need is to LEARN HOW TO FIND A DEAL at a discount. And this is what eludes most new investors. Knowing and understanding what a wholesale deal is and how to find one.

If you can find someone who is really motivated to sell their house fast for cash, and they are willing to sell you a $300,000 house for $150,000, you can take that house and flip it to someone else without putting up any cash or credit at all. That concept of flipping the house is called “wholesaling”. I teach wholesaling real estate at my “Wholesaling Real Estate Boot Camp”. You can learn more about this real estate training event by clicking the button below:

I have been investing in real estate for 21 years, and I have been teaching other people how to invest in real estate for 16 years. I have been teaching new real estate investors how to get started investing in real estate since 2008, and I would like to help you learn how to get started too. More than 7,000 students have completed my real estate training program.

The Lex Levinrad Real Estate Training Program consists of 10 live real estate training events per year, where I teach people how to invest in real estate, how to buy and flip houses, how to fix and flip houses, how to buy rentals, how to buy Airbnb’s and how to buy foreclosures and bank owned properties. I would like teach you how to invest in real estate too. Many of my students are now multi millionaires.

I would like to help you get out of the rat race, teach you how to build financial freedom with rental properties, and help you to create the life that you imagined. Learning how to invest in real estate, is the tool that will help you get there fastest. You can start out first by learning how to find wholesale deals at wholesale prices and wholesaling these deals to other investors for a profit. As you get better and better at learning how to find wholesale deals, you will be able to wholesale and flip these deals to other investors for a profit. Learning how to wholesale is the gateway to all real estate investing because no matter what type of real estate investing strategy you want to focus on, you need to find good deals. Wholesalers specialize in locating and finding good deals for other investors so that is a great place to start learning. As you improve your skillset, you can learn how to cherry pick some of these wholesale deals and keep them as rental properties. Buying and holding rental properties long term is where the wealth building effect of real estate really begins to pay off and increase your cash flow and your net worth.

As your skillset improves as a real estate investor, you can start learning how to buy houses and turn them into short term Airbnb rentals. This will dramatically increase your cash flow compared to long term rentals. With many deals, comes many opportunities. Some deals will be too good to pass up on and you will want to fix and flip these houses for a profit. Understanding the basics of real estate and learning how to find deals and how to wholesale all starts with understanding the basic fundamentals of investing in real estate.

And those fundamental basics are:

1. Learning how to analyze what a house is worth fixed up (we call this the ARV)
2. Knowing how much it will cost to repair this house (we call this the Repair Estimate)
3. Understanding the maximum amount you would pay (we call this the Maximum Offer Price)

Once you understand the above, you know what you would be willing to pay for a house, what it would cost to repair that house, and how much you could potentially flip that house for. These numbers are important because even if you are wholesaling, you need to know how much other investors would be willing to pay to buy the house for it to make sense for them as a fix and flip or rental.

If you are a new real estate investor and want to get started learning how to invest in real estate I encourage you to check out my real estate training program.

If you would like to learn more about the Lex Levinrad Real Estate Training program please call my office at (561) 948-2127 and speak to one of our Student Support Managers.

To see a list of our upcoming events visit: https://www.lexlevinrad.com/events/

If you want to work with me as your real estate coach, click on the link below to apply, answer a few simple questions, and if you are a good fit for my real estate training program we can schedule a Zoom Call to talk more.

https://www.lexlevinrad.com/application/