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About The Real Estate Bird Dog Partnership Program
The Biggest Challenge For New Investors That Want To Learn Wholesaling:
- They Don’t Know Understand How To Put Together The Pieces
- They Don’t Know Where To Look And How To Find Houses
- They Don’t Have The Cash Available To Pay For The Houses
- They Don’t Have A Cash Buyer’s List Of Buyers To Flip Houses To
- They Don’t Have A Proof Of Funds Letter To Show They Have The Funds
We Solve All of These Problems With Our Partnership Program
We have been holding our real estate training boot camps since 2009. After training 6,500+ students, and listening to their issues, we know that for most beginners their obstacles are in the list above. So what we do is we teach them one by one how to overcome each of these obstacles. Students that complete our program have clarity and have all of the tools necessary to start wholesaling and flipping houses.
Training & Education
The biggest issue for new investors is understanding how wholesaling and flipping houses work. You may have attended a few webinars, or read some books or even browsed a few real estate sites or Facebook Groups, but how to actually get started wholesaling and how to put a deal together may be eluding you. That is why you are reading this right now! And that is what we will help you understand.
I aim to solve that problem by teaching you the basics.
I will teach you:
- How to find pre-foreclosures, foreclosures, short sales and bank owned properties online and offline
- How to bid on online real estate auction sites like Auction.Com and Hubzu.com
- How to market to motivated sellers with postcards and yellow letters using our direct mail house.
- How to identify which properties would be good for wholesaling, keeping as rentals or fixing & flipping.
- What to say to the seller of the house or the real estate agent when you make offers (we provide the scripts)
- How to calculate your offer price and know how much to offer the seller using our Rehab Calculator
- How to estimate the After Repair Value (ARV) and Repair Estimates (RE) and your Maximum Offer
- Tools and Calculators To Help you calculate your maximum offer price (MOP).
I will even take you on a bus trip to visit properties so that you can gain valuable hands on experience looking at houses that are in need of major repair that are good candidates for fixing and flipping. That is how we teach you how to analyze what a house is worth, what it would cost to repair it, and what you could sell it for once it was repaired. We show you how to calculate what you should be offering for that house. And we do this live in real time by actually taking you to a house that we review with you. We review the comparable sales, and the repairs so that you can learn how to figure out whether or not the house would be a good candidate for a fix and flip. Once you know how to do this, you can make an offer to purchase the house and once you have it under contract you can choose to wholesale it or you can choose to keep it as a fix and flip or a rental. If you want to wholesale it to one of our cash buyers, we will provide the transactional funding (if needed for a double close like on a bank owned property) and partner with you on the deal and split the profits 50/50 with you. Once you know how to make an offer to buy a house, you can wholesale it or you can fix and flip it or keep it as a rental. But the basics of learning how to find wholesale deals at wholesale prices is what is important. You need to know how much to pay for the house and how much to offer. We show you how to do this at our Wholesaling Real Estate Boot Camp which is mandatory to attend if you are in our Partnership Program.
Wholesaling Real Estate Boot Camp
I highly encourage you to attend the Wholesaling Real Estate Boot Camp live. When you attend, it is important that you are present and that you pay attention. If you cannot attend live then please make sure you attend ALL of the live Zoom sessions of the boot camp. This is an important and integral part of the training because if you miss training sessions, then you may end up being confused because you only have partial information. For example one major confusion with students is understanding the difference between hard money and transactional funding. Another is assignment of contract and when to use assignment versus when to double close. Make sure you understand these concepts and their differences by attending all of the trainings and all of the boot camp sessions and by completing all of the modules on our training site. If you attend our trainings and follow our program you will understand these terms and the differences. When you first sign up for our program, you agree to the terms of use agreement which you signed. You also agree to all the terms of use and disclaimers on this web site Please make sure you read and understand this prior to signing up for our program. Please ask questions if you need an explanation or to understand the terms of use agreement which you signed. Our boot camp trainings and our webinar trainings complement and go with the training on the online training site “Lex Real Estate Training”. You will be required to log in to the training site and complete all of the training modules. Completing this, together with attending the Wholesaling Real Estate Boot Camp you give you the tools and understanding to know how to make offers and get houses “under contract”. You need to learn how to find houses before you can flip houses to other investors. Finding houses is very important. I started out as a bird dog working for my mentor Ben and for the first two years all I did was find houses for them. If I found a house and they didn’t want to buy it then that was a learning process. If I found a house and they purchased it I got paid. That is the best way to learn. It is how I learned and it is the method I will suggest for you to learn. If you find a house and no one wants that house then that will be a learning process. If you find a house and cash investors want that house then that will be a learning process too. Once you know how to find houses then you can flip or wholesale these houses to anyone. You can also choose to keep the house as a rental. You need to learn the basics. You can’t flip houses if you don’t know the basics. And the basics is all about knowing how to find and identify a house that would be a good fix and flip or a good rental that you can wholesale to another investor.
Why You Need Cash Buyers
Let’s say you know how to find great deals and get houses under contract. Now you need to flip those houses to someone. You need cash buyers. When you first start out you don’t have any cash buyers. That is a big issue for new investors. It means that even if you found an amazing house, if you can’t sell it to someone then you will have to cancel your contract and make zero money.
You need to have cash buyers so that if you find a good deal you have someone to flip the house to. This became such a routine request at our boot camps that we incorporated it by giving you access to our cash buyers (by marketing your deal to our buyers via our daily emails). We solve this problem for you by marketing your deal to our huge network of cash buyers. Now keep in mind that this is only if you want us to. We don’t have to market your deals and it is not a requirement of the partnership program. What most of our students do is they market the deals themselves and they also give us their deal to market to our buyers. If we find a buyer we split the deal with you (and fund it for free). If you find a buyer and do not split the deal with us then we can fund your deal for you for a fee (please see our terms of use agreement for the terms of transactional funding). So it is a win win situation for you and for us. You can go out and look for deals knowing that you have the transactional funding available to flip/wholesale the houses and your deals are being marketed to our huge cash buyers list. Please do not confuse transactional funding with hard money loans. They are not the same thing. Transactional funding is a short term funding which is used for a double closing which occurs at the same title company (the one we require you to use) on the same day. When you partner with us we systematize the entire process all the way through until the closing and we help you communicate with the the title company and coordinate the closing until you get paid. Please remember you can’t get paid if you don’t find a deal or if no buyers are interested in your deal. So it is important to learn how to find deeply discounted deals at wholesale prices. Attending the Wholesaling Real Estate Boot Camp (which is mandatory), along with the training videos and webinars and the online training site will help you learn how to do this.
Why You Don’t Need Any Cash Or Credit
Imagine that you find an amazing deal on a bank owned property, foreclosure or short sale. You would like to buy this house in order to wholesale it and flip it to a buyer for a profit. But you don’t have the cash to pay for the house. That is where transactional funding comes in. Remember that transactional funding is NOT a hard money loan. With our Partnership Program we will put up the cash for you if you need it like in the case of a double closing with a bank owned property! You do not need transactional funding to assign a contract. You only need it if you have a double closing on the same day at the same time which is required on all bank owned properties. If you require a double closing, we will provide the transactional funding so that you can flip the house to one of our cash buyers without worrying about how to pay for the house. So you can flip houses without having any cash at all by using our cash (again we are referring to transactional funding and NOT hard money). This is a system that has been used by many of our students in our Program. And for good reason. We give you the training and we provide you with the transactional funding and we help you find a buyer by marketing your deal to our cash buyers. Now it is up to you to get out there and find good wholesale deals at prices that investors would want to buy them. We have thousands of cash buyers looking for deals. If you bring us a good deal, it will most likely sell to one of these buyers.
We have trained over 6,500 students from all over the world with our Partnership Program. We have students all over the U.S and have had students in more than 56 countries. We want you to be flipping houses. After all, if we can teach you how to find houses, and you bring those houses to us, and we partner with you and flip them to our cash buyers, then you make money and we make money. This is truly a win/win situation for you and for us. We want you as our partner and we want to train you right, so that you can flip as many houses as possible with us. If you are good, you will probably build your cash buyers list and eventually become a full time wholesaler (many of our students are now full time wholesalers). We encourage that. We want to teach you how to become a wholesaler. Take a look at the testimonials from our students here.
Register For The Partnership ProgramIncluded With the Partnership Program:
- Partnership Program Orientation Training Webinars With Lex Levinrad
- Partner With Us On Deals Where You Find The Deal We Find The Buyer
- We Put Up The Transactional Funding To Pay For Your Wholesale Flips
- Learn How To Find Bank Owned Properties, Foreclosure And Short Sales
- We Show You The Web Sites To Use And How To Search Online For Properties
- How To Talk To Real Estate Agents And Desperate Sellers
- Access To Scripts For Talking To Realtors and Sellers
- Access To Our Proof Of Funds Letter Site
- Transactional Funding For All Of Your Wholesale Flips
- Partnership Program Forms Disc With All The Forms That You Need
- Complete System For You To Submit Your Deals For Partnership
- Your Deal Marketed To Our Huge Cash Buyer List Of Real Estate Investors
- We Will Help You Find The Cash Buyers For Your Wholesale Flips
- Complete System To Interact With The Title Company To Coordinate The Closing
- Email Support with Our Support Desk To Answer Your Questions
- Learn How to buy foreclosures, short sales and bank owned REO properties
Real Estate Coaching and Mentoring Programs
We have customized solutions to fit your particular needs as a real estate investor. If you are interested in information about our Real Estate Coaching Programs please visit https://www.lexlevinrad.com/coaching
If you have any questions about any of our real estate training programs please use the “apply for coaching” button at the top right of this page or email our Student Support Desk at supportdesk at lexrealestategroup.com or use the orange button at the bottom right of this page.