Lex Levinrad
Share
🚨 If you don't have a plan outside of your job, this post is for you.
Most people get into real estate investing chasing a number. A million dollars. Financial freedom. The dream.
But almost nobody stops to ask the one question that actually matters most before they start building their real estate business.
I wrote about it in my latest blog post — including exactly how I built a fully remote, virtual real estate business that lets me travel freely and live life on my own terms. And how you can do the same.
👉 Read the full post by clicking the link in the comments.
And if after reading it you're ready to take the next step — I'm teaching an Advanced Inner Circle For My Coaching Students “Building Your Real Estate Business And Systems Inner Circle”, a 3-day live coaching event for coaching students only on Friday July 24 to Sunday July 26.
At this Inner Circle, I will walk you through the entire blueprint.
⚠️ I'm only accepting ONE new coaching student before the event.
Get the information for the Inner Circle by clicking the link in the comments.
The biggest challenge for new investors is not knowing what they are looking for. You need to have a plan, a goal, and a vision. Once you have a goal, you can create a plan.
For example, if your goal is to own 10 rental properties free and clear, then you first need to figure out where those properties will be located. We call that your target market. Then you need to know the type of property you are looking for. Let’s say it’s 3-bedroom, 2-bathroom homes.
Does your target market have enough supply of what you are looking for?
The next step is to understand what type of house you will buy and how much you will be willing to pay. Are you looking for major rehabs—houses that need new roofs, air conditioning, and a complete interior renovation? Or are you looking for cosmetic fixer-uppers—houses that have a good roof and good air conditioning but just need some updating?
If your goal is the buy, repair, rent, and refinance strategy, then you are better off finding houses that need as little work as possible.
Cosmetic fixers, where you plan on renting out the house, can be renovated for as little as $10,000 (or less). These are the types of houses that make perfect buy, repair, rent, refinance properties—especially if you plan on renting to Section 8 tenants.
So when you know the type of house you are looking for, you have a goal. With that goal, you can have the vision of owning 10 rentals. Then you can take action steps to make that vision and goal a reality.
But you need to know the price you will buy at, and you need to understand ARV, comparable sales, and repair estimates in order to calculate the maximum amount you are willing to pay.
Now you have a plan.
At this point, you can start looking at wholesaler deals and the MLS to learn your market and practice. If you see a deal that works, you can make an offer.
Before you do this make sure you set up your motivated seller website so that you look credible and professional. It will take 6 to 12 months to start getting a steady flow of sellers who are looking to sell.
Step One: Vision
Step Two: Goal
Step Three: Plan
Step Four: Take Action
06/15/2026
Our student Dale purchased his first rental property for less than 50 percent of fair market value!
This house is a $195k house that was purchased for just $94k. That purchase price is less than 50% of its Market Value (ARV).
I was the lender on this transaction (which is one of the major advantages of being in my coaching program). I loaned Dale $80k of my own money to buy this house (I only lend my personal money to coaching students).
How did he find this property?......
Dale found this property by mailing postcards to a list of motivated sellers.
I teach my students how to do this at the Wholesaling Real Estate Boot Camp.
This seller was extremely motivated to sell and was in a bad situation. His partner had moved into an assisted living facility, and they owned the house free and clear but desperately needed the money from the sale of the house. This is a textbook example of a motivated distressed seller.
Dale purchased the property with a private lender hard money loan (from me). He then spent $12k making the house rent ready. He repainted the house inside and out, remodeled the bathroom, and cleaned up the terrazzo floors. When the house was ready to rent, he advertised the house for rent and rented it to a Section 8 tenant.
After the tenant moved in, he contacted a mortgage broker to refinance the private lender loan. The house appraised for $195k, which is $101k higher than what he paid for it. If you deduct the 12k in repairs, that is $89k profit. Deduct the points, fees, closing costs of around 9k, and that is a profit of $80k on one house (from a postcard).
With the appraisal, he was able to refinance the mortgage into a conventional mortgage at a much lower interest rate.
This is called the BRRR Method, which stands for Buy, Repair, Rent, and Refinance. I teach this strategy at the Buying Rentals and Building Wealth Boot Camp. You can learn more about the boot camp by clicking the link in the comments below 👇
Learning how to implement the BRRR method is one of the fastest and easiest ways to build wealth, start a rental portfolio, and create a life of financial freedom for you and your family. To be able to implement the BRRR Method, all you need is
A Pulse (be alive and have a pulse)
A Job (have a paycheck and proof of employment)
A Minimum Fico Credit Score of 620
If you are reading this, there is a good chance you have all three (we know you have the first one!)
After refinancing, Dale has a rental property worth 195k with a mortgage of 135k. That is 60k in equity. On top of that, he has cash flow of almost $700 a month.
And with this BRRR strategy, he can buy as many rentals as he wants!
You can’t afford not to learn how to implement this BRRR Method for yourself!
If you are ready to buy your first rental and start building a rental portfolio, then make sure you don’t miss the Buying Rentals & Building Wealth Boot Camp. At this boot camp, I will be teaching my students (and you) how to build wealth and financial freedom with rental properties.
I will show you how the Buy, Repair, Rent, and Refinance (BRRR) Method works and how you can buy houses with no money down utilizing this strategy.
You will see many examples of our students, like Dale, who have used it to create success! Click the link in the comments below to learn more 👇
06/08/2026
How To Buy and Flip Foreclosures, Short Sales and Bank Owned Homes Without Using Any Of Your Own Cash Or Credit
Live Meeting: Tomorrow June 9th at 6:30 P.M
Where: Double Tree Hilton Hotel in Deerfield Beach (95 and Hillsboro)
If you are not local, we have an option of watching via Zoom.
Time: Registration Opens at 6:30 P.M EST (Live Zoom Broadcast Starts at 7 P.M EST)
To RSVP for the Meeting, use the link in the comments below 👇
The foreclosure market is heating up again. Banks took back more than 40,000 homes last month alone, creating tremendous opportunities for real estate investors who want to learn how to find deals and how to flip them for profit.
Join veteran real estate investor Lex Levinrad, Author of “Wholesaling Bank Owned Properties” who has flipped 1,500 homes for an in-depth training on how to find, acquire, and flip foreclosures, short sales, bank owned homes and distressed properties for profit — without using your own cash or credit.
Whether you're looking to create a side hustle from flipping houses, become a full time wholesaler and flipping, create long term income and wealth with rentals, or to build a full-time real estate business and achieve financial freedom through real estate investing, this meeting will show you how investors like Lex are capitalizing on one of the most lucrative opportunities available to you in 2026 - foreclosures, short sales and bank owned properties.
What You'll Learn:
âś… How to find and buy Pre-Foreclosures directly from the seller
âś… How to profit from Foreclosures by Flipping For A Profit
âś… The secrets of buying Short Sales At 50 Cents on the Dollar
âś… How to purchase Bank-Owned Properties (REOs) from the Bank
âś… How to find deals on Online Auction Sites like Hubzu and Auction
âś… How to buy properties directly from Government Agencies like HUD
âś… How to flip houses without using any of your own money or credit
âś… How to get started with zero experience, no cash and bad credit
This is one of our most requested and popular training events that we teach. If you've been waiting for the right time to get started in real estate investing, this foreclosure and bank owned property training is exactly what you need to learn now in today’s market.
Foreclosures are skyrocketing. Banks are taking back homes at a record pace.
It’s time for you to learn how to profit from the opportunity now!
Real Estate Investment Club Meeting Details
đź“Ť Location: DoubleTree by Hilton Hotel, Deerfield Beach (95 & Hillsboro)
🕡 Time: Registration Opens At 6:30 PM Sharp (Zoom starts at 7 P.M)
🤝 Bring Your Business Cards — This is a Great Networking Opportunity
⏰ Duration: Approximately 3 Hours (Ends at 9:30 PM)
⚠️ Seating is Very Limited. Reserve Your Spot Now.
✅ Everyone Gets A Free Copy of “Wholesaling Bank Owned Properties”
*This is one of our most popular real estate training topics and there are very limited seats available so please make sure to reserve your spot right away.*
To RSVP for the Meeting, use the link in the comments below 👇
Whether you're brand new to real estate investing or an experienced investor looking to expand your real estate business, you'll find valuable information, networking opportunities, and actionable strategies at every real estate meeting.
Real estate agents, mortgage brokers, title companies, contractors, lenders, and other real estate professionals are all encouraged to attend. Learn how investors find deals, evaluate opportunities, and structure transactions so you can better serve one of the most active segments of the real estate market.
Stay Connected With Us
To learn more about our real estate investment club, upcoming events, educational programs, and networking opportunities, visit the link in the comments 👇
Click here to claim your Sponsored Listing.
