Investing In Real Estate With Lex Levinrad

One of the best ways to locate real estate deals is by something called “driving for dollars”. Many of your competitors may be mailing post cards and yellow letters, or paying for expensive pay per click campaigns on Google or buying Facebook Ads. Some of your competitors may even be using automated dialers to cold call expired listings, for sale by owners or targeted lists that they have acquired. Those approaches all work great (and we use them all). But let me ask you a question. How many of your competitors are actually getting into their car and driving around looking for deals? The answer is not many! How do I know this? Because I find deals all of the time that are right in my backyard! Almost every single time I get in my car, and go driving through my target markets, I find deals. Almost every single time! Investors have become spoiled and lazy. It is easy to overlook this old approach of “driving for dollars”. But it works. Driving through any neighborhood and noticing vacant, boarded up properties, houses with damage (like fire damage), and FSBO signs is not something you can do sitting in front of your computer. And all of your competitors are….. (in front of their computer). If you want to find the smoking hot deals. The ones that can make you profits of $30,000, $50,000 or more then you should start driving through your target market more and looking for these types of houses. And when you find them, there are real estate apps out there that you can download on your smartphone that could really help you locate sellers. I really like these two apps listed below (I use them both) Both of these apps do almost the same thing but with some variation. SEND FUSE > http://getsendfuse.com/ Send Fuse is free to join and only $1 a postcard to mail. You get a sequence of 6 postcards that you can have go out to owners of the property. All you need to do is text the address to your send fuse number in your phone and the postcard sequence begins. You can also add users to your Send Fuse account so you could recruit some bird dogs and offer to pay them $1,000 for any deal they bring to you, and have them download the app on their phone (with your account). I really like the ease of use and the fact that there are no fees at all. This app is very easy to use and I recommend it to my students. DEAL MACHINE > https://dealmachineapp.com/ The really cool feature about Deal Machine is that you can take a picture of the property and add it to the postcard. You can literally take out your smart phone and take a picture of a vacant, boarded up house. And then using the app you can have a postcard sent to the owner (with a picture of their house) asking them “Is this your house?”. That is a very smart way of getting the owner’s attention and it works really well. The response rate is way higher than a typical post card. The other really nice feature of Deal Machine is that you can look up the owners info right there and even get their phone number in some cases. Deal Machine let’s you try their service out for free for 14 days and then they charge $49 per month which is really a very small charge considering what the app does. Imagine if using this app you made $30,000 profit on one house! Use this code FTCYXN to get $5 of direct mail credit when you sign up. If you are already out driving for dollars, do yourself a favor and have some bandit signs made up and keep a few in your trunk. It wouldn’t kill you to put a few bandit signs out and have some sellers call you. Even better, hire your kids or someone else and pay them $1 to $2 per bandit sign that they put out. And don’t forget to send out direct mail. It works! Start out by mailing a list of absentee owners since this is the easiest list to obtain. Even if you can only afford to mail out 500 postcards a month, make yourself a commitment that you will mail 500 a month for at least 6 months. If you only get 1 deal out of that mailing over th

One of the best ways to locate real estate deals is by something called “driving for dollars”. Many of your competitors may be mailing post cards and yellow letters, or paying for expensive pay per click campaigns on Google or buying Facebook Ads. Some of your competitors may even be using automated dialers to cold call expired listings, for sale by owners or targeted lists that they have acquired. Those approaches all work great (and we use them all). But let me ask you a question. How many of your competitors are actually getting into their car and driving around looking for deals? The answer is not many! How do I know this? Because I find deals all of the time that are right in my backyard! Almost every single time I get in my car, and go driving through my target markets, I find deals. Almost every single time! Investors have become spoiled and lazy. It is easy to overlook this old approach of “driving for dollars”. But it works. Driving through any neighborhood and noticing vacant, boarded up properties, houses with damage (like fire damage), and FSBO signs is not something you can do sitting in front of your computer. And all of your competitors are….. (in front of their computer). If you want to find the smoking hot deals. The ones that can make you profits of $30,000, $50,000 or more then you should start driving through your target market more and looking for these types of houses. And when you find them, there are real estate apps out there that you can download on your smartphone that could really help you locate sellers. I really like these two apps listed below (I use them both) Both of these apps do almost the same thing but with some variation. SEND FUSE > http://getsendfuse.com/ Send Fuse is free to join and only $1 a postcard to mail. You get a sequence of 6 postcards that you can have go out to owners of the property. All you need to do is text the address to your send fuse number in your phone and the postcard sequence begins. You can also add users to your Send Fuse account so you could recruit some bird dogs and offer to pay them $1,000 for any deal they bring to you, and have them download the app on their phone (with your account). I really like the ease of use and the fact that there are no fees at all. This app is very easy to use and I recommend it to my students. DEAL MACHINE > https://dealmachineapp.com/ The really cool feature about Deal Machine is that you can take a picture of the property and add it to the postcard. You can literally take out your smart phone and take a picture of a vacant, boarded up house. And then using the app you can have a postcard sent to the owner (with a picture of their house) asking them “Is this your house?”. That is a very smart way of getting the owner’s attention and it works really well. The response rate is way higher than a typical post card. The other really nice feature of Deal Machine is that you can look up the owners info right there and even get their phone number in some cases. Deal Machine let’s you try their service out for free for 14 days and then they charge $49 per month which is really a very small charge considering what the app does. Imagine if using this app you made $30,000 profit on one house! Use this code FTCYXN to get $5 of direct mail credit when you sign up. If you are already out driving for dollars, do yourself a favor and have some bandit signs made up and keep a few in your trunk. It wouldn’t kill you to put a few bandit signs out and have some sellers call you. Even better, hire your kids or someone else and pay them $1 to $2 per bandit sign that they put out. And don’t forget to send out direct mail. It works! Start out by mailing a list of absentee owners since this is the easiest list to obtain. Even if you can only afford to mail out 500 postcards a month, make yourself a commitment that you will mail 500 a month for at least 6 months. If you only get 1 deal out of that mailing over th

On this podcast episode I discuss how wholesalers assign contracts when they are flipping houses and how assignments of contract work. We talk about the pros and cons of assigning a contract versus paying for a double closing and when you should double close versus assigning the contract. My personal preference is to always double close but many wholesalers that I know always assign almost every house that they flip. You can download an "assignment of contract form" at this link which was mentioned in the podcast: https://www.lexlevinrad.com/assignment

On this podcast episode I discuss how wholesalers assign contracts when they are flipping houses and how assignments of contract work. We talk about the pros and cons of assigning a contract versus paying for a double closing and when you should double close versus assigning the contract. My personal preference is to always double close but many wholesalers that I know always assign almost every house that they flip. You can download an "assignment of contract form" at this link which was mentioned in the podcast: https://www.lexlevinrad.com/assignment

On this podcast episode I discuss how wholesalers assign contracts when they are flipping houses and how assignments of contract work. We talk about the pros and cons of assigning a contract versus paying for a double closing and when you should double close versus assigning the contract. My personal preference is to always double close but many wholesalers that I know always assign almost every house that they flip. You can download an "assignment of contract form" at this link which was mentioned in the podcast: https://www.lexlevinrad.com/assignment

On this podcast episode I talk about something that from the guy that taught me real estate - my mentor Ben. It's the concept of urgency and how when you spot a deal you need to have the sense of urgency to understand what you have and lock it up before someone else does. I like to use the analogy of a lion in the wild. If a lion has not eaten for weeks and it spots a deer then it doesn't think to itself hmmm should I eat. No it pounces on the deer and it eats. If you are a real estate investor and you see a smoking hot deal you should't be going hmmm is that a deal. You should be pouncing on it. Hence the term "you eat what you kill".

On this podcast episode I talk about something that from the guy that taught me real estate - my mentor Ben. It's the concept of urgency and how when you spot a deal you need to have the sense of urgency to understand what you have and lock it up before someone else does. I like to use the analogy of a lion in the wild. If a lion has not eaten for weeks and it spots a deer then it doesn't think to itself hmmm should I eat. No it pounces on the deer and it eats. If you are a real estate investor and you see a smoking hot deal you should't be going hmmm is that a deal. You should be pouncing on it. Hence the term "you eat what you kill".

On this podcast episode I talk about something that from the guy that taught me real estate - my mentor Ben. It's the concept of urgency and how when you spot a deal you need to have the sense of urgency to understand what you have and lock it up before someone else does. I like to use the analogy of a lion in the wild. If a lion has not eaten for weeks and it spots a deer then it doesn't think to itself hmmm should I eat. No it pounces on the deer and it eats. If you are a real estate investor and you see a smoking hot deal you should't be going hmmm is that a deal. You should be pouncing on it. Hence the term "you eat what you kill".

LEARN HOW TO WHOLESALE REAL ESTATE AND FLIP HOUSES WITH OUR PARTNERSHIP PROGRAM If you want to learn how to wholesale real estate and flip houses, and you are a beginner then you are most likely going to run into 3 major obstacles when you first start out. The first one is cash, and not having the ability to pay cash for a property or have a bank statement showing that you have the cash to pay for a property. We solve that problem by providing you with a proof of funds letter. Your second obstacle is cash buyers. If you get a house under contract, you need to flip it to a cash buyer and if you are new then you probably don’t have many cash buyers (or any). We solve that problem by marketing your deals to our cash buyers. Your third obstacle is how to pay for the funding of the deal. Let’s say you purchase a house for $100,000 and you flip it to a cash buyer for $120,000. You need to have a way to come up with that $100,000 before you can flip the house. We help with that by providing the transactional funding. Our Partnership Program was created out of a need that we saw from our students who came up to us at our boot camp and told us that they were lacking these three things. By providing a proof of fund letter, our marketing to our buyers and our funding, you can flip any house anywhere at any time with our cash. That is the concept behind the Partnership Program. It is our most popular product and we have thousands of students that have attended our Partnership Program from almost every State and from 56 Countries! If you are new to investing in real estate, and you want to learn how to wholesale real estate and flip houses then click on this link to learn more about our Partnership Program: https://www.lexlevinrad.com/partnership-program/

LEARN HOW TO WHOLESALE REAL ESTATE AND FLIP HOUSES WITH OUR PARTNERSHIP PROGRAM If you want to learn how to wholesale real estate and flip houses, and you are a beginner then you are most likely going to run into 3 major obstacles when you first start out. The first one is cash, and not having the ability to pay cash for a property or have a bank statement showing that you have the cash to pay for a property. We solve that problem by providing you with a proof of funds letter. Your second obstacle is cash buyers. If you get a house under contract, you need to flip it to a cash buyer and if you are new then you probably don’t have many cash buyers (or any). We solve that problem by marketing your deals to our cash buyers. Your third obstacle is how to pay for the funding of the deal. Let’s say you purchase a house for $100,000 and you flip it to a cash buyer for $120,000. You need to have a way to come up with that $100,000 before you can flip the house. We help with that by providing the transactional funding. Our Partnership Program was created out of a need that we saw from our students who came up to us at our boot camp and told us that they were lacking these three things. By providing a proof of fund letter, our marketing to our buyers and our funding, you can flip any house anywhere at any time with our cash. That is the concept behind the Partnership Program. It is our most popular product and we have thousands of students that have attended our Partnership Program from almost every State and from 56 Countries! If you are new to investing in real estate, and you want to learn how to wholesale real estate and flip houses then click on this link to learn more about our Partnership Program: https://www.lexlevinrad.com/partnership-program/

LEARN HOW TO WHOLESALE REAL ESTATE AND FLIP HOUSES WITH OUR PARTNERSHIP PROGRAM If you want to learn how to wholesale real estate and flip houses, and you are a beginner then you are most likely going to run into 3 major obstacles when you first start out. The first one is cash, and not having the ability to pay cash for a property or have a bank statement showing that you have the cash to pay for a property. We solve that problem by providing you with a proof of funds letter. Your second obstacle is cash buyers. If you get a house under contract, you need to flip it to a cash buyer and if you are new then you probably don’t have many cash buyers (or any). We solve that problem by marketing your deals to our cash buyers. Your third obstacle is how to pay for the funding of the deal. Let’s say you purchase a house for $100,000 and you flip it to a cash buyer for $120,000. You need to have a way to come up with that $100,000 before you can flip the house. We help with that by providing the transactional funding. Our Partnership Program was created out of a need that we saw from our students who came up to us at our boot camp and told us that they were lacking these three things. By providing a proof of fund letter, our marketing to our buyers and our funding, you can flip any house anywhere at any time with our cash. That is the concept behind the Partnership Program. It is our most popular product and we have thousands of students that have attended our Partnership Program from almost every State and from 56 Countries! If you are new to investing in real estate, and you want to learn how to wholesale real estate and flip houses then click on this link to learn more about our Partnership Program: https://www.lexlevinrad.com/partnership-program/

LEARN HOW TO WHOLESALE REAL ESTATE AND FLIP HOUSES WITH OUR PARTNERSHIP PROGRAM If you want to learn how to wholesale real estate and flip houses, and you are a beginner then you are most likely going to run into 3 major obstacles when you first start out. The first one is cash, and not having the ability to pay cash for a property or have a bank statement showing that you have the cash to pay for a property. We solve that problem by providing you with a proof of funds letter. Your second obstacle is cash buyers. If you get a house under contract, you need to flip it to a cash buyer and if you are new then you probably don’t have many cash buyers (or any). We solve that problem by marketing your deals to our cash buyers. Your third obstacle is how to pay for the funding of the deal. Let’s say you purchase a house for $100,000 and you flip it to a cash buyer for $120,000. You need to have a way to come up with that $100,000 before you can flip the house. We help with that by providing the transactional funding. Our Partnership Program was created out of a need that we saw from our students who came up to us at our boot camp and told us that they were lacking these three things. By providing a proof of fund letter, our marketing to our buyers and our funding, you can flip any house anywhere at any time with our cash. That is the concept behind the Partnership Program. It is our most popular product and we have thousands of students that have attended our Partnership Program from almost every State and from 56 Countries! If you are new to investing in real estate, and you want to learn how to wholesale real estate and flip houses then click on this link to learn more about our Partnership Program: https://www.lexlevinrad.com/partnership-program/

In this video, I show you how I drive for dollars in Pompano Beach, Florida looking for deals on the way to preview a property that is ready to be listed on the MLS. When you are driving for dollars you need to drive slowly (around 15 mph) so that you can notice things like lockboxes on doors of properties (which can be a clue to new listings). You should also be looking for realtor signs to get an idea of how many properties are listed for sale and what has sold recently. For this strategy to be effective you will need to drive for dollars in the same neighborhoods repeatedly in order to notice things. There are some very useful apps that you can use when driving for dollars. One is called Deal Machine and the other is called Send Fuse. You can download these on to your smart phone and when you notice a vacant property you can take a picture of it and have a postcard mailed directly to the owner. Deal machine goes one step further and gives you potential access to the owners phone number (so you can call them). It is also very helpful to have the realtor.com app on your phone so you can see what price properties are listed at when you drive by them. If you consistenly drive for dollars looking for deals, and if you are consistently paying attention to the MLS and inventory levels then you will find deals and have a very good handle of what you could sell a house for in any given neighborhood. Driving for dollars is also fun and a great way to get away from the computer and out into the neighborhoods looking for deals. Try it - you may surprise yourself at the results! 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

In this video, I show you how I drive for dollars in Pompano Beach, Florida looking for deals on the way to preview a property that is ready to be listed on the MLS. When you are driving for dollars you need to drive slowly (around 15 mph) so that you can notice things like lockboxes on doors of properties (which can be a clue to new listings). You should also be looking for realtor signs to get an idea of how many properties are listed for sale and what has sold recently. For this strategy to be effective you will need to drive for dollars in the same neighborhoods repeatedly in order to notice things. There are some very useful apps that you can use when driving for dollars. One is called Deal Machine and the other is called Send Fuse. You can download these on to your smart phone and when you notice a vacant property you can take a picture of it and have a postcard mailed directly to the owner. Deal machine goes one step further and gives you potential access to the owners phone number (so you can call them). It is also very helpful to have the realtor.com app on your phone so you can see what price properties are listed at when you drive by them. If you consistenly drive for dollars looking for deals, and if you are consistently paying attention to the MLS and inventory levels then you will find deals and have a very good handle of what you could sell a house for in any given neighborhood. Driving for dollars is also fun and a great way to get away from the computer and out into the neighborhoods looking for deals. Try it - you may surprise yourself at the results! 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

In this video, I show you how I drive for dollars in Pompano Beach, Florida looking for deals on the way to preview a property that is ready to be listed on the MLS. When you are driving for dollars you need to drive slowly (around 15 mph) so that you can notice things like lockboxes on doors of properties (which can be a clue to new listings). You should also be looking for realtor signs to get an idea of how many properties are listed for sale and what has sold recently. For this strategy to be effective you will need to drive for dollars in the same neighborhoods repeatedly in order to notice things. There are some very useful apps that you can use when driving for dollars. One is called Deal Machine and the other is called Send Fuse. You can download these on to your smart phone and when you notice a vacant property you can take a picture of it and have a postcard mailed directly to the owner. Deal machine goes one step further and gives you potential access to the owners phone number (so you can call them). It is also very helpful to have the realtor.com app on your phone so you can see what price properties are listed at when you drive by them. If you consistenly drive for dollars looking for deals, and if you are consistently paying attention to the MLS and inventory levels then you will find deals and have a very good handle of what you could sell a house for in any given neighborhood. Driving for dollars is also fun and a great way to get away from the computer and out into the neighborhoods looking for deals. Try it - you may surprise yourself at the results! 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/ DON'T FORGET TO SUBSCRIBE 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