Distressed Real Estate Investor's Association

If you are local to South Florida join us for our Distressed Real Estate Investor's Association meeting next Tuesday! Learn how to invest in real estate using the Buy, Repair, Rent, & Refinance Method on Tuesday, May 7th @ 6:30pm at the Doubletree Hilton Hotel in Deerfield Beach. RSVP now at the link in the comments!

How about a big shoutout and congratulations to our student Kam on purchasing his first rental property!

The Wholesaling Real Estate Boot Camp Starts Next Friday, April 19th to Sunday April 21st in Deerfield Beach FL! We only have 3 seats left for this Boot Camp. Take advantage of this last opportunity to get this Boot Camp at our old pricing. Grab Your Seat Now By Calling (561) 948-2127 or click the link in the comments to learn more!

Join us TONIGHT and Learn How To Wholesale Real Estate & Flip Houses With No Cash and No Credit! Tonight April 2nd @ 6:30pm at the Doubletree Hilton Hotel in Deerfield Beach. RSVP now at the link in the comments!

The fixing and flipping houses boot camp is coming up next weekend (Fri April 5 to Sunday April 7). If you want to grab one of the last remaining seats call my office today at (561) 948-2127.

For more info about the boot camp visit the link in the comments below:

Join us Wednesday for a Real Estate Networking Mixer! Wednesday, Mar 13th @ 6:30pm - 8:30pm at American Social in Las Olas. RSVP now at the link in the comments!

I am hosting a free Real Estate Social Networking Mixer on Wednesday, March 13th at 6:30 P.M. at American Social on Las Olas Blvd in Fort Lauderdale. Come network with me, my team, and other real estate investors, and let's get to know each other. Click the link in the comments to RSVP!

Learn how to buy houses subject to the existing mortgage. This is a strategy that works very well in today's market where many sellers have low interest rate mortgages. Click the link in the comments to view the video.

Join us TOMORROW and Learn How To Fix & Flip Real Estate For Huge Profits! Tomorrow, Mar 5th @ 6:30pm at the Doubletree Hilton Hotel in Deerfield Beach. RSVP now at the link in the comments!

If you are local to South Florida join us for our Distressed Real Estate Investor's Association meeting on Tuesday! How To Fix & Flip Real Estate For Huge Profits on Tuesday, Mar 5th @ 6:30pm at the Doubletree Hilton Hotel in Deerfield Beach. RSVP now at the link in the comments!

Looking forward to working with a new group of real estate investor's at the Foreclosures, Short Sales and Bank Owned Properties Boot Camp which starts this Friday Feb 23 and goes through Sunday Feb 25 (that's this weekend). We have over 100 people registered for this event.

If you want to grab a spot call my office at (561) 948-2127

The Foreclosures, Short Sales and Bank Owned Properties Boot Camp is next weekend (Friday Feb 23 to Sunday Feb 25). If you want to learn how to buy, wholesale, fix and flip foreclosures, bank owned properties and short sales then you need to be at this event. I put a link to the event in the comments section below.

There are only a few seats left. If you want to grab one of those last remaining seats call my office at (561) 948-2127. We have over 100 people registered for this event as of right now.

I will personally be teaching my students live all 3 days on:

✅Foreclosures and Pre-Foreclosures
✅HUD Homes, Fannie Mae, Freddie Mac
✅Buying Bank Owned REO Homes Direct
✅Buying and Bidding on Online Auction Sites
✅Bidding on Hubzu, Auction, Hudhomestore
✅Marketing to Homeowners in Pre-Foreclosure
✅Short Sales, Short Sale Negotiation & Packages
✅How to Wholesale & Flip Bank Owned Homes
✅Double Closing and Transactional Funding
✅How to Get The Money To Fund Your Purchase
✅Traps and Secrets to Buying at the Court House
✅Proof of Funds Letters and Why You Need Them
✅How To Find The Best REO Listing Agents
✅Do's and Don'ts of Working with Listing Agents

I only have this event once per year. So, if you are my student (or want to be) you can't say "I will come to the next event". Next time means missing this opportunity. NOW is the time to learn how to buy foreclosures and bank owned properties because the opportunity to buy is coming up which is why you need to be at this event. I have students that are millionaires from learning how to buy properties at a discount. They will be at this event and you will get to meet them and talk with them.

Foreclosures are surging, new foreclosures filings are backlogged with lenders (I know this for a fact from multiple sources inside loss mitigation at multiple banks) and there are a lot of foreclosures in the pipeline and there will be many more. Prices are dropping, inventory is rapidly increasing. There will soon be an opportunity to buy houses at a deep discount.

I made millions of dollars for myself and my students in the last Financial Crisis by buying at the bottom. You need to be ready for this opportunity by knowing how to find these bank owned properties and how to bid on them and buy them before your competition does. We excelled at this in 2009, 2010 and 2011 buying up more bank owned properties for pennies on the dollar than any other wholesaler/investor in South Florida.

We built a wholesaling business from the ground up in 2009 flipping up to 30 bank owned properties a month to hungry investors from Brazil, China, Israel, Russia, and many European countries. This time will be no different. When prices dip, the foreign investors will come. They love Florida.

I practically invented the teaching of buying and flipping (wholesaling) bank owned properties on sites like Hubzu and other online auction sites. I wrote the book "Wholesaling Bank Owned Properties" in the last financial crisis 13 years ago. It's still in the top 30 real estate books on Amazon all these years later.

Now 16 years after the last financial crisis we are being presented with another opportunity which is rapidly approaching. And just like then, most people are not prepared (or even aware that this is coming). To me it feels eerily similar like . The only difference is prices are dropping FASTER

The opportunity to buy the bottom I estimate will be in the next 12 to 18 months. It may be shorter or longer but we are at least another 20% away from the bottom. I don't think it will be years like the last financial crisis. If rates come down 20% and prices come down 20% we will be in the buy zone.

Which means you need to learn how to find these bank owned properties on online auction sites NOW, so when the time comes you can pounce on them, bid and buy. The opportunity to sell has already passed. If you don't believe me list your property for sale on the MLS and you will find out very quickly that Zillow lied to you. Buyer's cannot afford the payments with rates and prices at current levels.

P.S If you still think your house is worth what Zillow says then I have some news for you. I just purchased a house today at 65% of Zillow's estimate. This house is remodeled and needs zero work. The seller listed it for sale on the MLS at the Zillow estimate (recommended by his realtor) and could not sell the house. It sat on the market for 6 months got one offer where the seller could not qualify for the mortgage and backed out before the seller dumped the house to a cash investor (me) at 65 cents on the dollar.

This is now (Feb 2024). Not 2008. And this is just the beginning.
If you still believe the Fed, and think the economy is fine. It's not. The Fed lied to you and is consistently lying to you. There is a huge problem looming that will affect the entire banking sector, the economy and real estate in a huge way. Hundreds of regional banks could fail (5 already failed in 2023). This crisis has already begun and it's going to get much worse before it gets better.
Will you be ready to buy these bank owned properties when these same banks are liquidating?

🔸Be Ready To Buy Bank Owned Properties At A Discount.
🔸Be Ready To Buy Pre-Foreclosures.
🔸Know How To Market To Pre-Foreclosures.
🔸Know How To Put A Short Sale Package Together.
🔸Be Prepared and Be At This Event. The Time to learn is NOW.

The link to the event is in the comments section below:

Do you want to know what essential tools and software I use in my business every day? I just made a video for you on that topic. See the link in the comments below.

Learn why and how you can protect yourself as an investor and wholesaler by recording a notice of interest. Click the link in the comments to learn more!

Learn why using seller financing works so well in today's market and how to purchase properties using seller financing. Click on the link to watch the video: https://www.lexlevinrad.com/seller-financing-and-how-seller-financing-works-2/

Kicking off my Distressed Real Estate Investor's Association meeting that I have been hosting on the first Tuesday of every month since October 2008! Tonight we are discussing Real Estate Investing with Bank Owned Properties. Make sure you are at next month's meeting in March! www.lexrealestateclub.com

Join us TONIGHT and learn about Real Estate Investing with Bank Owned Properties! Tonight, Feb 6th @ 6:30pm at the Doubletree Hilton Hotel in Deerfield Beach. RSVP now at this link: https://lexrealestateclub.com

If you are local to South Florida join us for our Distressed Real Estate Investor's Association meeting on Tuesday! Learn About Real Estate Investing With Bank Owned Properties on Tuesday, Feb 6th @ 6:30pm at the Doubletree Hilton Hotel in Deerfield Beach. RSVP now at this link: https://lexrealestateclub.com

I am hosting a free Real Estate Social Networking Mixer on Wednesday January 17th at 6:30 P.M. at American Social on Las Olas Blvd in Fort Lauderdale. Come network with me, my team and other real estate investor's and let's get to know each other. Everyone is welcome to attend!

The Wholesaling Real Estate Boot Camp is coming up two weeks from tomorrow. Seats are selling out fast! if you want to grab your seat call my office at (561) 948-2127

At our real estate investment club meeting tonight, we are talking about "Creating Financial Freedom with Short Term Rentals". One of my students Andy who is just 34 years old quit his job last year and now makes $50,000 a month on Airbnb. He will be at the meeting tonight!

If you want to learn more about how to get started investing in short term rentals and Airbnb then be at the Doubletree Hilton Hotel in Deerfield Beach tonight, Tuesday Sep 5th at 6:30 P.M.

RSVP for the meeting here: https://lexrealestateclub.com/distressed-reia-signup1nt37joc

Creating Financial Freedom With Short Term Rentals On Tuesday Sep 5 at 6:30 P.M.

RSVP at: https://lexrealestateclub.com/distressed-reia-signup1nt37joc

The next Distressed Real Estate Investor's Association meeting is in 2 weeks! We will be discussing Creative Financing Methods That Work In Today's Market make sure to RSPV on the event page now!

I cannot believe that my podcast is 25 days away from hitting 5 million downloads! If you listen to the Investing in Real Estate with Lex Levinrad Podcast I really want to thank you for your support and tell you how grateful I am for people like you who take the time to listen to the podcast. The show would be nothing without the support of the people who listen to it. If you are interested, here is the link to the Podcast on iTunes:

‎Investing In Real Estate With Lex Levinrad on Apple Podcasts ‎Business · 2022