Investing In Real Estate With Lex Levinrad

Positive Cash Flow Rental Property Number 5 For My Student Andy This video was taken today in front of a rental property that Andy just purchased. This is rental property number 5 for Andy. What is so impressive about Andy's story is that he is only 29 years old. Andy started just two years ago by attending my boot camp and since then he has purchased 5 rental properties. He has increased his net worth by $450,000. Andy has a full time job and he buys rental properties on the side while still working a 50 hour work week. All of the rental properties that he has purchased have been direct from my wholesale deals emails which we send out to investors 3 times a week. And on all 5 properties I gave him a hard money loan. The first two properties that he purchased were rehab projects. He purchased them, fixed them, rented them and then refinanced to pay off the hard money loan. All refinances were with 15 year mortgages so he will essentially own these 5 houses free and clear by the time he is 42 years old. On rental properties number 3,4 and 5 he purchased properties with tenants already in the property. He was able to refinance and pay off his hard money loan in as little as 4 months on the last 2 loans. The house in this video rents for $2,000 per month (section 8) and it was purchased for $187,000. The ARV on the property is around $230,000. This property was on my email list. If you got those emails you could have purchased this property too! You can sign up for our wholesale real estate deals (Florida only) at www.cheaphousesinsouthflorida.com If you want to learn how to do what Andy is doing then start out like he did by attending our Wholesaling Real Estate Boot Camp. https://www.lexlevinrad.com/distressed-real-estate-boot-camp/ 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 and flipping houses training at this link below: https://www.lexlevinrad.com/webinar PLEASE SHARE AND LIKE THIS VIDEO DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING Download my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com

Positive Cash Flow Rental Property Number 5 For My Student Andy This video was taken today in front of a rental property that Andy just purchased. This is rental property number 5 for Andy. What is so impressive about Andy's story is that he is only 29 years old. Andy started just two years ago by attending my boot camp and since then he has purchased 5 rental properties. He has increased his net worth by $450,000. Andy has a full time job and he buys rental properties on the side while still working a 50 hour work week. All of the rental properties that he has purchased have been direct from my wholesale deals emails which we send out to investors 3 times a week. And on all 5 properties I gave him a hard money loan. The first two properties that he purchased were rehab projects. He purchased them, fixed them, rented them and then refinanced to pay off the hard money loan. All refinances were with 15 year mortgages so he will essentially own these 5 houses free and clear by the time he is 42 years old. On rental properties number 3,4 and 5 he purchased properties with tenants already in the property. He was able to refinance and pay off his hard money loan in as little as 4 months on the last 2 loans. The house in this video rents for $2,000 per month (section 8) and it was purchased for $187,000. The ARV on the property is around $230,000. This property was on my email list. If you got those emails you could have purchased this property too! You can sign up for our wholesale real estate deals (Florida only) at www.cheaphousesinsouthflorida.com If you want to learn how to do what Andy is doing then start out like he did by attending our Wholesaling Real Estate Boot Camp. https://www.lexlevinrad.com/distressed-real-estate-boot-camp/ 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 and flipping houses training at this link below: https://www.lexlevinrad.com/webinar PLEASE SHARE AND LIKE THIS VIDEO DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING Download my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com

Positive Cash Flow Rental Property Number 5 For My Student Andy This video was taken today in front of a rental property that Andy just purchased. This is rental property number 5 for Andy. What is so impressive about Andy's story is that he is only 29 years old. Andy started just two years ago by attending my boot camp and since then he has purchased 5 rental properties. He has increased his net worth by $450,000. Andy has a full time job and he buys rental properties on the side while still working a 50 hour work week. All of the rental properties that he has purchased have been direct from my wholesale deals emails which we send out to investors 3 times a week. And on all 5 properties I gave him a hard money loan. The first two properties that he purchased were rehab projects. He purchased them, fixed them, rented them and then refinanced to pay off the hard money loan. All refinances were with 15 year mortgages so he will essentially own these 5 houses free and clear by the time he is 42 years old. On rental properties number 3,4 and 5 he purchased properties with tenants already in the property. He was able to refinance and pay off his hard money loan in as little as 4 months on the last 2 loans. The house in this video rents for $2,000 per month (section 8) and it was purchased for $187,000. The ARV on the property is around $230,000. This property was on my email list. If you got those emails you could have purchased this property too! You can sign up for our wholesale real estate deals (Florida only) at www.cheaphousesinsouthflorida.com If you want to learn how to do what Andy is doing then start out like he did by attending our Wholesaling Real Estate Boot Camp. https://www.lexlevinrad.com/distressed-real-estate-boot-camp/ 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 and flipping houses training at this link below: https://www.lexlevinrad.com/webinar PLEASE SHARE AND LIKE THIS VIDEO DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING Download my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com

Positive Cash Flow Rental Property Number 5 For My Student Andy This video was taken today in front of a rental property that Andy just purchased. This is rental property number 5 for Andy. What is so impressive about Andy's story is that he is only 29 years old. Andy started just two years ago by attending my boot camp and since then he has purchased 5 rental properties. He has increased his net worth by $450,000. Andy has a full time job and he buys rental properties on the side while still working a 50 hour work week. All of the rental properties that he has purchased have been direct from my wholesale deals emails which we send out to investors 3 times a week. And on all 5 properties I gave him a hard money loan. The first two properties that he purchased were rehab projects. He purchased them, fixed them, rented them and then refinanced to pay off the hard money loan. All refinances were with 15 year mortgages so he will essentially own these 5 houses free and clear by the time he is 42 years old. On rental properties number 3,4 and 5 he purchased properties with tenants already in the property. He was able to refinance and pay off his hard money loan in as little as 4 months on the last 2 loans. The house in this video rents for $2,000 per month (section 8) and it was purchased for $187,000. The ARV on the property is around $230,000. This property was on my email list. If you got those emails you could have purchased this property too! You can sign up for our wholesale real estate deals (Florida only) at www.cheaphousesinsouthflorida.com If you want to learn how to do what Andy is doing then start out like he did by attending our Wholesaling Real Estate Boot Camp. https://www.lexlevinrad.com/distressed-real-estate-boot-camp/ 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 and flipping houses training at this link below: https://www.lexlevinrad.com/webinar PLEASE SHARE AND LIKE THIS VIDEO DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK ON WHOLESALING Download my best selling book "Wholesaling Bank Owned Properties" at https://www.lexlevinrad.com

This introduction to direct mail for real estate video walks you through the steps of a direct mailing campaign to show you how direct mail works from start to finish. The concept of direct mail in real estate is that you are mailing a list of property owners in order to find the sellers that are the most motivated to sell. Usually the most motivated sellers are the ones that have some form of distress (hence the term distressed sellers). So when you are talking to sellers ask yourself this simple question: "Is this seller really motivated". 9 out of 10 will not be. You are looking for the 1 seller that is motivated to sell. That is where you will find your best deals. The first and most important component of your direct mail campaign is your list. You have to have a good list and your list needs to be targeted for your approach. If you are a landlord looking for rental properties your list will be different from a rehabber who is looking for properties to fix and flip. So put some time into thinking about your list. If you are wholesaling you are flipping houses to cash buyers. So ask yourself what your cash buyers want and the type of properties they are looking for will dictate your mailing list. Generally speaking if you are wholesaling your cash buyers are either landlords looking for rental properties or rehabbers looking for fix and flips. So one of the first steps of defining your list is identifying what you are looking for which can be very different if you are looking for fix and flips for yourself versus wholesaling to other investors. So your list is very important. You need to know what type of properties you are looking to acquire and then target those properties and the owners of those properties. When you first start out one of the easiest lists to obtain is List Source (http://www.listsource.com). Many new investors start out with an absentee owner list (also known as absentee landlords). If you are a beginner this is a great place to start. The concept is very simple. These are properties where the owner of the property does not live in the property. They figure this out based on where the property tax bill is mailed to. This is a very easy and cheap list to obtain and it's a great place to start. However it is also the most frequently mailed to list - so keep that in mind. Once you have your direct mail list, the next step is to figure out what you are going to mail. Postcards will cost you anywhere from 1/2 to 1/3 of what yellow letters will cost in postage. However, our results indicate that you will get anywhere from 2 to 3 times better results with hand written yellow letters than you will with postcards. If you are mailing 10,000 pieces a month then mailing letters makes no sense. However if you are mailing 500 pieces a month it might make a lot of sense. That is how I started out, by mailing 500 yellow letters at a time. And on average, I would get at least one deal per mailing. Some mailings I got zero deals and other mailings I got 2 or 3 deals but after a year of looking at the numbers we were consistently getting one deal per 500 letters mailed. With postcards, our numbers are 1 deal per 1,500 to 2,000 mailed. So make a decision on what your approach will be and decide if you want to use yellow letters or postcards. Once you have made that decision, your next step is to choose a mailing house. We have one for our students at http://www.lexdirectmail.com There are many direct mail houses out there (just Google Direct Mail For Real Estate). How much you pay will depend on how much you mail. If you are mailing postcards a few hundred at a time expect to pay around 50 to 60 cents per postcard. If you are mailing tens of thousands of postcards you can probably get your rate down to 35 cents (or less). Yellow letters will usually cost you around 99 cents a piece. So you can see that in scale with large volume the cost is almost exactly 3 times higher to mail yellow letters than to

This introduction to direct mail for real estate video walks you through the steps of a direct mailing campaign to show you how direct mail works from start to finish. The concept of direct mail in real estate is that you are mailing a list of property owners in order to find the sellers that are the most motivated to sell. Usually the most motivated sellers are the ones that have some form of distress (hence the term distressed sellers). So when you are talking to sellers ask yourself this simple question: "Is this seller really motivated". 9 out of 10 will not be. You are looking for the 1 seller that is motivated to sell. That is where you will find your best deals. The first and most important component of your direct mail campaign is your list. You have to have a good list and your list needs to be targeted for your approach. If you are a landlord looking for rental properties your list will be different from a rehabber who is looking for properties to fix and flip. So put some time into thinking about your list. If you are wholesaling you are flipping houses to cash buyers. So ask yourself what your cash buyers want and the type of properties they are looking for will dictate your mailing list. Generally speaking if you are wholesaling your cash buyers are either landlords looking for rental properties or rehabbers looking for fix and flips. So one of the first steps of defining your list is identifying what you are looking for which can be very different if you are looking for fix and flips for yourself versus wholesaling to other investors. So your list is very important. You need to know what type of properties you are looking to acquire and then target those properties and the owners of those properties. When you first start out one of the easiest lists to obtain is List Source (http://www.listsource.com). Many new investors start out with an absentee owner list (also known as absentee landlords). If you are a beginner this is a great place to start. The concept is very simple. These are properties where the owner of the property does not live in the property. They figure this out based on where the property tax bill is mailed to. This is a very easy and cheap list to obtain and it's a great place to start. However it is also the most frequently mailed to list - so keep that in mind. Once you have your direct mail list, the next step is to figure out what you are going to mail. Postcards will cost you anywhere from 1/2 to 1/3 of what yellow letters will cost in postage. However, our results indicate that you will get anywhere from 2 to 3 times better results with hand written yellow letters than you will with postcards. If you are mailing 10,000 pieces a month then mailing letters makes no sense. However if you are mailing 500 pieces a month it might make a lot of sense. That is how I started out, by mailing 500 yellow letters at a time. And on average, I would get at least one deal per mailing. Some mailings I got zero deals and other mailings I got 2 or 3 deals but after a year of looking at the numbers we were consistently getting one deal per 500 letters mailed. With postcards, our numbers are 1 deal per 1,500 to 2,000 mailed. So make a decision on what your approach will be and decide if you want to use yellow letters or postcards. Once you have made that decision, your next step is to choose a mailing house. We have one for our students at http://www.lexdirectmail.com There are many direct mail houses out there (just Google Direct Mail For Real Estate). How much you pay will depend on how much you mail. If you are mailing postcards a few hundred at a time expect to pay around 50 to 60 cents per postcard. If you are mailing tens of thousands of postcards you can probably get your rate down to 35 cents (or less). Yellow letters will usually cost you around 99 cents a piece. So you can see that in scale with large volume the cost is almost exactly 3 times higher to mail yellow letters than to

This introduction to direct mail for real estate video walks you through the steps of a direct mailing campaign to show you how direct mail works from start to finish. The concept of direct mail in real estate is that you are mailing a list of property owners in order to find the sellers that are the most motivated to sell. Usually the most motivated sellers are the ones that have some form of distress (hence the term distressed sellers). So when you are talking to sellers ask yourself this simple question: "Is this seller really motivated". 9 out of 10 will not be. You are looking for the 1 seller that is motivated to sell. That is where you will find your best deals. The first and most important component of your direct mail campaign is your list. You have to have a good list and your list needs to be targeted for your approach. If you are a landlord looking for rental properties your list will be different from a rehabber who is looking for properties to fix and flip. So put some time into thinking about your list. If you are wholesaling you are flipping houses to cash buyers. So ask yourself what your cash buyers want and the type of properties they are looking for will dictate your mailing list. Generally speaking if you are wholesaling your cash buyers are either landlords looking for rental properties or rehabbers looking for fix and flips. So one of the first steps of defining your list is identifying what you are looking for which can be very different if you are looking for fix and flips for yourself versus wholesaling to other investors. So your list is very important. You need to know what type of properties you are looking to acquire and then target those properties and the owners of those properties. When you first start out one of the easiest lists to obtain is List Source (http://www.listsource.com). Many new investors start out with an absentee owner list (also known as absentee landlords). If you are a beginner this is a great place to start. The concept is very simple. These are properties where the owner of the property does not live in the property. They figure this out based on where the property tax bill is mailed to. This is a very easy and cheap list to obtain and it's a great place to start. However it is also the most frequently mailed to list - so keep that in mind. Once you have your direct mail list, the next step is to figure out what you are going to mail. Postcards will cost you anywhere from 1/2 to 1/3 of what yellow letters will cost in postage. However, our results indicate that you will get anywhere from 2 to 3 times better results with hand written yellow letters than you will with postcards. If you are mailing 10,000 pieces a month then mailing letters makes no sense. However if you are mailing 500 pieces a month it might make a lot of sense. That is how I started out, by mailing 500 yellow letters at a time. And on average, I would get at least one deal per mailing. Some mailings I got zero deals and other mailings I got 2 or 3 deals but after a year of looking at the numbers we were consistently getting one deal per 500 letters mailed. With postcards, our numbers are 1 deal per 1,500 to 2,000 mailed. So make a decision on what your approach will be and decide if you want to use yellow letters or postcards. Once you have made that decision, your next step is to choose a mailing house. We have one for our students at http://www.lexdirectmail.com There are many direct mail houses out there (just Google Direct Mail For Real Estate). How much you pay will depend on how much you mail. If you are mailing postcards a few hundred at a time expect to pay around 50 to 60 cents per postcard. If you are mailing tens of thousands of postcards you can probably get your rate down to 35 cents (or less). Yellow letters will usually cost you around 99 cents a piece. So you can see that in scale with large volume the cost is almost exactly 3 times higher to mail yellow letters than to

This introduction to direct mail for real estate video walks you through the steps of a direct mailing campaign to show you how direct mail works from start to finish. The concept of direct mail in real estate is that you are mailing a list of property owners in order to find the sellers that are the most motivated to sell. Usually the most motivated sellers are the ones that have some form of distress (hence the term distressed sellers). So when you are talking to sellers ask yourself this simple question: "Is this seller really motivated". 9 out of 10 will not be. You are looking for the 1 seller that is motivated to sell. That is where you will find your best deals. The first and most important component of your direct mail campaign is your list. You have to have a good list and your list needs to be targeted for your approach. If you are a landlord looking for rental properties your list will be different from a rehabber who is looking for properties to fix and flip. So put some time into thinking about your list. If you are wholesaling you are flipping houses to cash buyers. So ask yourself what your cash buyers want and the type of properties they are looking for will dictate your mailing list. Generally speaking if you are wholesaling your cash buyers are either landlords looking for rental properties or rehabbers looking for fix and flips. So one of the first steps of defining your list is identifying what you are looking for which can be very different if you are looking for fix and flips for yourself versus wholesaling to other investors. So your list is very important. You need to know what type of properties you are looking to acquire and then target those properties and the owners of those properties. When you first start out one of the easiest lists to obtain is List Source (http://www.listsource.com). Many new investors start out with an absentee owner list (also known as absentee landlords). If you are a beginner this is a great place to start. The concept is very simple. These are properties where the owner of the property does not live in the property. They figure this out based on where the property tax bill is mailed to. This is a very easy and cheap list to obtain and it's a great place to start. However it is also the most frequently mailed to list - so keep that in mind. Once you have your direct mail list, the next step is to figure out what you are going to mail. Postcards will cost you anywhere from 1/2 to 1/3 of what yellow letters will cost in postage. However, our results indicate that you will get anywhere from 2 to 3 times better results with hand written yellow letters than you will with postcards. If you are mailing 10,000 pieces a month then mailing letters makes no sense. However if you are mailing 500 pieces a month it might make a lot of sense. That is how I started out, by mailing 500 yellow letters at a time. And on average, I would get at least one deal per mailing. Some mailings I got zero deals and other mailings I got 2 or 3 deals but after a year of looking at the numbers we were consistently getting one deal per 500 letters mailed. With postcards, our numbers are 1 deal per 1,500 to 2,000 mailed. So make a decision on what your approach will be and decide if you want to use yellow letters or postcards. Once you have made that decision, your next step is to choose a mailing house. We have one for our students at http://www.lexdirectmail.com There are many direct mail houses out there (just Google Direct Mail For Real Estate). How much you pay will depend on how much you mail. If you are mailing postcards a few hundred at a time expect to pay around 50 to 60 cents per postcard. If you are mailing tens of thousands of postcards you can probably get your rate down to 35 cents (or less). Yellow letters will usually cost you around 99 cents a piece. So you can see that in scale with large volume the cost is almost exactly 3 times higher to mail yellow letters than to

In this video, I start out by driving through a neighborhood where I am listing a property for sale to show you what the neighborhood looks like. I like to preview properties before we list them on the MLS, and I like to make sure that everything is perfect. I notice everything all the way to the smell of the property when you first open the door (tip in hot areas keep your a/c cooler). In this video, you see that as I approach the house, I notice that it is missing a mailbox, something that two employees of mine omitted to mention when visiting the property. This is why I like to preview the properties myself before they are listed on the MLS. When I get to the property, I do a complete walk through of the property with you, and show you every room in the house, and what a house that has been remodeled by my crew looks like. I show you how every item that we use for materials is the same in every property that we renovate. Keep in mind that these are entry level houses that are being sold to end buyers who are mostly first time home buyers who are purchasing with an FHA Mortgage. If you are renovating nicer homes in nicer neighborhoods then you may want to spend a little more on tile, bathroom tile, cabinets, vanities and appliances. But for our market that we rehab in, which is entry level homes this fit and finish is perfect. Every home that we renovate has the same laminate flooring, the same tile, the same cabinets, the same counter tops. Everything is the same all the way down to the ceiling fans, the door knobs, and the light switches. While this may not be very original, we have found that the neutral brown color pattern that we use works well with most buyers. It also helps us keep a handle on our costs. Since we know the cost of each component we know exactly what it will cost in materials for every house based on the square footage. An alternative color scheme to this brown look that we have used on our remodels is white cabinets, stainless steel handles and stainless steel appliances along with grey granite counter tops and grey/silver back splashes. That look works very well too for fixing and flipping. However we have found that houses with the brown look, the houses sell a bit quicker. After personally visiting almost every model home builder in South Florida, I have found that the vast majority go with the brown laminate and dark cherry wood cabinet look. If you want to learn a thing or two about remodeling, what is in style and home staging then spend a few Sunday afternoons going to visit new home builders model homes and pay attention to everything from the colors that they use all the way down to the finishes. Take photos if you can. It will give you great ideas of what to use for your home remodel. These companies have spent millions of dollars figuring out what consumers want. Copy them. If you want to see a list of the materials that were used on this house you can download the material list with product SKU numbers from Home Depot below: https://www.lexlevinrad.com/previewing-a-house-before-it-is-listed-on-the-mls/ If you are brand new to real estate and want to learn more about how to fix and flip houses then please register for the free fixing and flipping houses training at this link: https://www.lexlevinrad.com/fixandflipwebinar For more information about the Fixing and Flipping Houses Boot Camp please visit this link: https://www.lexlevinrad.com/fixing-and-flipping-boot-camp/ PLEASE SHARE AND LIKE THIS VIDEO AND DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK Download a free copy of my best selling book "Wholesaling Bank Owned Properties

In this video, I start out by driving through a neighborhood where I am listing a property for sale to show you what the neighborhood looks like. I like to preview properties before we list them on the MLS, and I like to make sure that everything is perfect. I notice everything all the way to the smell of the property when you first open the door (tip in hot areas keep your a/c cooler). In this video, you see that as I approach the house, I notice that it is missing a mailbox, something that two employees of mine omitted to mention when visiting the property. This is why I like to preview the properties myself before they are listed on the MLS. When I get to the property, I do a complete walk through of the property with you, and show you every room in the house, and what a house that has been remodeled by my crew looks like. I show you how every item that we use for materials is the same in every property that we renovate. Keep in mind that these are entry level houses that are being sold to end buyers who are mostly first time home buyers who are purchasing with an FHA Mortgage. If you are renovating nicer homes in nicer neighborhoods then you may want to spend a little more on tile, bathroom tile, cabinets, vanities and appliances. But for our market that we rehab in, which is entry level homes this fit and finish is perfect. Every home that we renovate has the same laminate flooring, the same tile, the same cabinets, the same counter tops. Everything is the same all the way down to the ceiling fans, the door knobs, and the light switches. While this may not be very original, we have found that the neutral brown color pattern that we use works well with most buyers. It also helps us keep a handle on our costs. Since we know the cost of each component we know exactly what it will cost in materials for every house based on the square footage. An alternative color scheme to this brown look that we have used on our remodels is white cabinets, stainless steel handles and stainless steel appliances along with grey granite counter tops and grey/silver back splashes. That look works very well too for fixing and flipping. However we have found that houses with the brown look, the houses sell a bit quicker. After personally visiting almost every model home builder in South Florida, I have found that the vast majority go with the brown laminate and dark cherry wood cabinet look. If you want to learn a thing or two about remodeling, what is in style and home staging then spend a few Sunday afternoons going to visit new home builders model homes and pay attention to everything from the colors that they use all the way down to the finishes. Take photos if you can. It will give you great ideas of what to use for your home remodel. These companies have spent millions of dollars figuring out what consumers want. Copy them. If you want to see a list of the materials that were used on this house you can download the material list with product SKU numbers from Home Depot below: https://www.lexlevinrad.com/previewing-a-house-before-it-is-listed-on-the-mls/ If you are brand new to real estate and want to learn more about how to fix and flip houses then please register for the free fixing and flipping houses training at this link: https://www.lexlevinrad.com/fixandflipwebinar For more information about the Fixing and Flipping Houses Boot Camp please visit this link: https://www.lexlevinrad.com/fixing-and-flipping-boot-camp/ PLEASE SHARE AND LIKE THIS VIDEO AND DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK Download a free copy of my best selling book "Wholesaling Bank Owned Properties

In this video, I start out by driving through a neighborhood where I am listing a property for sale to show you what the neighborhood looks like. I like to preview properties before we list them on the MLS, and I like to make sure that everything is perfect. I notice everything all the way to the smell of the property when you first open the door (tip in hot areas keep your a/c cooler). In this video, you see that as I approach the house, I notice that it is missing a mailbox, something that two employees of mine omitted to mention when visiting the property. This is why I like to preview the properties myself before they are listed on the MLS. When I get to the property, I do a complete walk through of the property with you, and show you every room in the house, and what a house that has been remodeled by my crew looks like. I show you how every item that we use for materials is the same in every property that we renovate. Keep in mind that these are entry level houses that are being sold to end buyers who are mostly first time home buyers who are purchasing with an FHA Mortgage. If you are renovating nicer homes in nicer neighborhoods then you may want to spend a little more on tile, bathroom tile, cabinets, vanities and appliances. But for our market that we rehab in, which is entry level homes this fit and finish is perfect. Every home that we renovate has the same laminate flooring, the same tile, the same cabinets, the same counter tops. Everything is the same all the way down to the ceiling fans, the door knobs, and the light switches. While this may not be very original, we have found that the neutral brown color pattern that we use works well with most buyers. It also helps us keep a handle on our costs. Since we know the cost of each component we know exactly what it will cost in materials for every house based on the square footage. An alternative color scheme to this brown look that we have used on our remodels is white cabinets, stainless steel handles and stainless steel appliances along with grey granite counter tops and grey/silver back splashes. That look works very well too for fixing and flipping. However we have found that houses with the brown look, the houses sell a bit quicker. After personally visiting almost every model home builder in South Florida, I have found that the vast majority go with the brown laminate and dark cherry wood cabinet look. If you want to learn a thing or two about remodeling, what is in style and home staging then spend a few Sunday afternoons going to visit new home builders model homes and pay attention to everything from the colors that they use all the way down to the finishes. Take photos if you can. It will give you great ideas of what to use for your home remodel. These companies have spent millions of dollars figuring out what consumers want. Copy them. If you want to see a list of the materials that were used on this house you can download the material list with product SKU numbers from Home Depot below: https://www.lexlevinrad.com/previewing-a-house-before-it-is-listed-on-the-mls/ If you are brand new to real estate and want to learn more about how to fix and flip houses then please register for the free fixing and flipping houses training at this link: https://www.lexlevinrad.com/fixandflipwebinar For more information about the Fixing and Flipping Houses Boot Camp please visit this link: https://www.lexlevinrad.com/fixing-and-flipping-boot-camp/ PLEASE SHARE AND LIKE THIS VIDEO AND DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK Download a free copy of my best selling book "Wholesaling Bank Owned Properties

In this video, I start out by driving through a neighborhood where I am listing a property for sale to show you what the neighborhood looks like. I like to preview properties before we list them on the MLS, and I like to make sure that everything is perfect. I notice everything all the way to the smell of the property when you first open the door (tip in hot areas keep your a/c cooler). In this video, you see that as I approach the house, I notice that it is missing a mailbox, something that two employees of mine omitted to mention when visiting the property. This is why I like to preview the properties myself before they are listed on the MLS. When I get to the property, I do a complete walk through of the property with you, and show you every room in the house, and what a house that has been remodeled by my crew looks like. I show you how every item that we use for materials is the same in every property that we renovate. Keep in mind that these are entry level houses that are being sold to end buyers who are mostly first time home buyers who are purchasing with an FHA Mortgage. If you are renovating nicer homes in nicer neighborhoods then you may want to spend a little more on tile, bathroom tile, cabinets, vanities and appliances. But for our market that we rehab in, which is entry level homes this fit and finish is perfect. Every home that we renovate has the same laminate flooring, the same tile, the same cabinets, the same counter tops. Everything is the same all the way down to the ceiling fans, the door knobs, and the light switches. While this may not be very original, we have found that the neutral brown color pattern that we use works well with most buyers. It also helps us keep a handle on our costs. Since we know the cost of each component we know exactly what it will cost in materials for every house based on the square footage. An alternative color scheme to this brown look that we have used on our remodels is white cabinets, stainless steel handles and stainless steel appliances along with grey granite counter tops and grey/silver back splashes. That look works very well too for fixing and flipping. However we have found that houses with the brown look, the houses sell a bit quicker. After personally visiting almost every model home builder in South Florida, I have found that the vast majority go with the brown laminate and dark cherry wood cabinet look. If you want to learn a thing or two about remodeling, what is in style and home staging then spend a few Sunday afternoons going to visit new home builders model homes and pay attention to everything from the colors that they use all the way down to the finishes. Take photos if you can. It will give you great ideas of what to use for your home remodel. These companies have spent millions of dollars figuring out what consumers want. Copy them. If you want to see a list of the materials that were used on this house you can download the material list with product SKU numbers from Home Depot below: https://www.lexlevinrad.com/previewing-a-house-before-it-is-listed-on-the-mls/ If you are brand new to real estate and want to learn more about how to fix and flip houses then please register for the free fixing and flipping houses training at this link: https://www.lexlevinrad.com/fixandflipwebinar For more information about the Fixing and Flipping Houses Boot Camp please visit this link: https://www.lexlevinrad.com/fixing-and-flipping-boot-camp/ PLEASE SHARE AND LIKE THIS VIDEO AND DON'T FORGET TO SUBSCRIBE TO MY PODCAST CONNECT WITH ME ONLINE: http://www.lexlevinrad.com http://www.facebook.com/lexlevinradrealestate http://www.twitter.com/lexlevinrad http://www.instagram.com/lexlevinrad http://www.linkedin.com/in/lexlevinrad http://www.pinterest.com/lexlevinrad https://plus.google.com/+LexLevinradrealestate DOWNLOAD A FREE COPY OF MY BOOK Download a free copy of my best selling book "Wholesaling Bank Owned Properties

How Much Money Can You Make Flipping Houses? That is one of the most frequent questions I get about fixing and flipping. In this video I talk about the profit potential from fixing and flipping houses, and I show you the checks that I just received from my most recent flip (which was sold just a few days ago). This house was purchased for $110,000, I spent around $25,000 repairing the house, and I sold it for $175,000. I was also the listing agent on the sale. The net profit on this fix and flip was a little over $34,000. The interesting thing about this example, is that I purchased this house from a wholesaler for $110,000, but he purchased it from Hubzu for $100,000. You can see me in front of this houses on a previous video post (the one with the Hubzu sign). So a wholesaler made $10,000 flipping this house to me, and then I made another $34,000 fixing and flipping the house. The wholesaler had zero risk, he didn’t need to borrow any money or take any risk at all to make that $10,000. If you are fixing and flipping houses for a living, then wholesalers can be a very lucrative source of finding deals. Case in point, if this wholesaler had not emailed me this houses, then I would not have purchased it. If you are fixing and flipping (or wholesaling) you should constantly be marketing to find more deals since you need to have deals in the pipeline and the more houses you flip, the more money you make. When marketing for deals you should tap into as many sources as possible to find deals. We utilize Pay Per Click Marketing, Bandit Signs, Direct Mail, Facebook Ads, Postcards, Yellow Letters and of course wholesalers to find deals. I would estimate that more than 50% of our deals still come in through wholesalers and students in our Partnership Program. Remember that wholesalers and bird dogs can be your best friend if you are a rehabber. The wholesaler needs a cash buyer so that they can make a quick profit and the rehabber needs a good deal that they can fix and flip. Think about that synergy for a second and ask yourself when was the last time you went to one of the local real estate investor meetings in your area? You could be missing out on huge opportunities to meet other investors who could be bringing you deals or buying deals from you. If you are starting out and you are short on cash then wholesaling is the best way to get started. The reason is simple. You don’t need any cash (or credit) to look for a house online. And if you find one and you flip it to someone then you are making money without having to put any money into the deal. All you need to do is find ONE house and flip it to someone and if you make a decent profit of $10,000 on that first deal, there is a very good chance you will soon want to quit your regular job. That is why I always recommend to new students that they first learn how to wholesale and flip houses before they jump into fixing and flipping. Remember wholesaling has ZERO risk. When you are looking at a potential fix and flip deal and trying to decide if there is enough profit potentail for you to buy the house then a useful tool that can help you is the Rehab Property Calculator which I created for my students. You can access the calculator at this link: https://www.lexlevinrad.com/rehab-property-calculator/ The Rehab Property Calculator is also available as a free download in the app store (both Android and iPhone). Just type in “Rehab Property Calculator” in the store and you will find it. If you are brand new to real estate and want to learn more about how to fix and flip houses then please register for the free fixing and flipping houses training at this link below: https://www.lexlevinrad.com/fixandflipwebinar For more information about the Fixing and Flipping Houses Boot Camp which I referenced in this video please visit this link: https://www.lexlevinrad.com/fixing-and-flipping-boot-camp/

How Much Money Can You Make Flipping Houses? That is one of the most frequent questions I get about fixing and flipping. In this video I talk about the profit potential from fixing and flipping houses, and I show you the checks that I just received from my most recent flip (which was sold just a few days ago). This house was purchased for $110,000, I spent around $25,000 repairing the house, and I sold it for $175,000. I was also the listing agent on the sale. The net profit on this fix and flip was a little over $34,000. The interesting thing about this example, is that I purchased this house from a wholesaler for $110,000, but he purchased it from Hubzu for $100,000. You can see me in front of this houses on a previous video post (the one with the Hubzu sign). So a wholesaler made $10,000 flipping this house to me, and then I made another $34,000 fixing and flipping the house. The wholesaler had zero risk, he didn’t need to borrow any money or take any risk at all to make that $10,000. If you are fixing and flipping houses for a living, then wholesalers can be a very lucrative source of finding deals. Case in point, if this wholesaler had not emailed me this houses, then I would not have purchased it. If you are fixing and flipping (or wholesaling) you should constantly be marketing to find more deals since you need to have deals in the pipeline and the more houses you flip, the more money you make. When marketing for deals you should tap into as many sources as possible to find deals. We utilize Pay Per Click Marketing, Bandit Signs, Direct Mail, Facebook Ads, Postcards, Yellow Letters and of course wholesalers to find deals. I would estimate that more than 50% of our deals still come in through wholesalers and students in our Partnership Program. Remember that wholesalers and bird dogs can be your best friend if you are a rehabber. The wholesaler needs a cash buyer so that they can make a quick profit and the rehabber needs a good deal that they can fix and flip. Think about that synergy for a second and ask yourself when was the last time you went to one of the local real estate investor meetings in your area? You could be missing out on huge opportunities to meet other investors who could be bringing you deals or buying deals from you. If you are starting out and you are short on cash then wholesaling is the best way to get started. The reason is simple. You don’t need any cash (or credit) to look for a house online. And if you find one and you flip it to someone then you are making money without having to put any money into the deal. All you need to do is find ONE house and flip it to someone and if you make a decent profit of $10,000 on that first deal, there is a very good chance you will soon want to quit your regular job. That is why I always recommend to new students that they first learn how to wholesale and flip houses before they jump into fixing and flipping. Remember wholesaling has ZERO risk. When you are looking at a potential fix and flip deal and trying to decide if there is enough profit potentail for you to buy the house then a useful tool that can help you is the Rehab Property Calculator which I created for my students. You can access the calculator at this link: https://www.lexlevinrad.com/rehab-property-calculator/ The Rehab Property Calculator is also available as a free download in the app store (both Android and iPhone). Just type in “Rehab Property Calculator” in the store and you will find it. If you are brand new to real estate and want to learn more about how to fix and flip houses then please register for the free fixing and flipping houses training at this link below: https://www.lexlevinrad.com/fixandflipwebinar For more information about the Fixing and Flipping Houses Boot Camp which I referenced in this video please visit this link: https://www.lexlevinrad.com/fixing-and-flipping-boot-camp/

How Much Money Can You Make Flipping Houses? That is one of the most frequent questions I get about fixing and flipping. In this video I talk about the profit potential from fixing and flipping houses, and I show you the checks that I just received from my most recent flip (which was sold just a few days ago). This house was purchased for $110,000, I spent around $25,000 repairing the house, and I sold it for $175,000. I was also the listing agent on the sale. The net profit on this fix and flip was a little over $34,000. The interesting thing about this example, is that I purchased this house from a wholesaler for $110,000, but he purchased it from Hubzu for $100,000. You can see me in front of this houses on a previous video post (the one with the Hubzu sign). So a wholesaler made $10,000 flipping this house to me, and then I made another $34,000 fixing and flipping the house. The wholesaler had zero risk, he didn’t need to borrow any money or take any risk at all to make that $10,000. If you are fixing and flipping houses for a living, then wholesalers can be a very lucrative source of finding deals. Case in point, if this wholesaler had not emailed me this houses, then I would not have purchased it. If you are fixing and flipping (or wholesaling) you should constantly be marketing to find more deals since you need to have deals in the pipeline and the more houses you flip, the more money you make. When marketing for deals you should tap into as many sources as possible to find deals. We utilize Pay Per Click Marketing, Bandit Signs, Direct Mail, Facebook Ads, Postcards, Yellow Letters and of course wholesalers to find deals. I would estimate that more than 50% of our deals still come in through wholesalers and students in our Partnership Program. Remember that wholesalers and bird dogs can be your best friend if you are a rehabber. The wholesaler needs a cash buyer so that they can make a quick profit and the rehabber needs a good deal that they can fix and flip. Think about that synergy for a second and ask yourself when was the last time you went to one of the local real estate investor meetings in your area? You could be missing out on huge opportunities to meet other investors who could be bringing you deals or buying deals from you. If you are starting out and you are short on cash then wholesaling is the best way to get started. The reason is simple. You don’t need any cash (or credit) to look for a house online. And if you find one and you flip it to someone then you are making money without having to put any money into the deal. All you need to do is find ONE house and flip it to someone and if you make a decent profit of $10,000 on that first deal, there is a very good chance you will soon want to quit your regular job. That is why I always recommend to new students that they first learn how to wholesale and flip houses before they jump into fixing and flipping. Remember wholesaling has ZERO risk. When you are looking at a potential fix and flip deal and trying to decide if there is enough profit potentail for you to buy the house then a useful tool that can help you is the Rehab Property Calculator which I created for my students. You can access the calculator at this link: https://www.lexlevinrad.com/rehab-property-calculator/ The Rehab Property Calculator is also available as a free download in the app store (both Android and iPhone). Just type in “Rehab Property Calculator” in the store and you will find it. If you are brand new to real estate and want to learn more about how to fix and flip houses then please register for the free fixing and flipping houses training at this link below: https://www.lexlevinrad.com/fixandflipwebinar For more information about the Fixing and Flipping Houses Boot Camp which I referenced in this video please visit this link: https://www.lexlevinrad.com/fixing-and-flipping-boot-camp/