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Foreclosures are skyrocketing. We are facing an incredible opportunity to buy bank owned properties. Are you ready?
Do you know HOW to buy bank owned properties, foreclosures and short sales?
Do you know what sites to search to find these properties?
Do you know how to bid on online auction sites like Hubzu and Auction.com?
How about buying HUD Homes, Fannie Mae Homes and Freddie Mac Homes?
Make sure you don’t miss the Foreclosures Short Sales and Bank Owned Properties Boot Camp where I will be teaching this.
Let’s talk about self limiting beliefs and self extrapolation.
Self extrapolation is where you hear something and then you extrapolate from that, and then come to your own conclusions which may be very different from what I am actually saying. For example, I could tell you that I think we are going to have a phenomenal opportunity to buy real estate in the next 18 to 24 months and you hear something else. You hear “Don’t buy real estate right now and instead wait 18 to 24 months”.
But that’s not what I said. What I said is there will be an amazing opportunity to buy real estate in the next 18 to 24 months. This means that in my opinion there will be way more inventory 18 to 24 months from now. In my opinion, there will be way better prices 18 to 24 months from now too.
Saying we are heading into a great opportunity does NOT mean you should not buy real estate now. My student Dale recently picked up a rental for $94,000 that was appraised for $195,000. That’s $100,000 over his purchase price. He rented this property to a Section 8 tenant for $1,805 per month. His cash flow even with a hard money loan was $800 a month. When you can buy deals like that you buy them.
My student Kam just purchased a rental in the same area for $107,000 that will appraise for $180,000. That will rent for $1,800 too. When you can buy a deal at a discount like that and you can rent it out and it cash flows then you buy it (regardless of what market we are in).
There will always be motivated sellers who have to sell their house at a discount. But sometimes there are periods where there are more or less motivated sellers than usual. What we experienced in 2020, 2021 and 2022 were very few motivated sellers and almost zero bank owned properties. Interest rates were so low, and real estate was going up and up and up.
But that is going to change. And it’s already changing right now. You see an increase in inventory, and an increase in bank owned properties as more people go into foreclosure. And I anticipate that this will continue because foreclosures are sky rocketing. The net result will be more sellers, more inventory, more foreclosures and more bank owned properties.
I think that 18 to 24 months from now (maybe even as soon as six months from now) there will be a fantastic opportunity for you as a real estate investor to go in and buy as much real estate as you can. I intend to go in and buy literally $50 million dollars worth of real estate. I made my money buying at the bottom of the last financial crisis. And I want to make sure that my students are doing the same when this next opportunity is upon us. The question is will you be ready? Because to be ready for that you need to learn NOW what to do. How to market to homeowners in foreclosure, how to buy pre-foreclosures and how to buy bank owned properties.
I want to teach you how to get started investing in real estate. The first thing you need to understand is that there is a skill set and a learning curve. I teach at 10 live real estate training events (called boot camps) that are held over a 12 month period. I teach every aspect of real estate investing. The next event coming up is the Foreclosures, Short Sales and Bank Owned Properties Boot Camp. I want you to be there. I want you to learn. It will take time for you to get through that learning curve. And you need to learn how to do this BEFORE the opportunity to buy bank owned properties at pennies on the dollar arrives. So you need to learn now.
If you are looking for a get rich scheme or to make money now in the next 30 days then my real estate training program is not a good fit for you
But if you are looking to learn how to buy real estate with other people’s money, how to buy bank owned properties, how to fix and flip houses, how to wholesale or turn these houses into rental properties or Airbnb’s then I can help you. And I will show you how to do it by using private lenders funds like my personal money that I loan to my coaching students.
I have been investing in real estate for 21 years. I have been teaching real estate for 16 years. I have worked with over 7,000 new real estate investors in my training program. Many of my students are now multi millionaires.
I Can Help You Move Closer To Creating a Life of Financial Freedom.
But You Must Understand That You Will Need Training and Education To Get There
To see a list of our upcoming real estate training events visit:
https://www.lexlevinrad.com/events/
To apply for my real estate training program please click on the link below:
https://www.lexlevinrad.com/application/