There is a huge opportunity to make money investing in bank owned properties
Boca Raton, FL (PRWEB) October 10, 2012
Lex Levinrad, the founder of the Distressed Real Estate Institute has trained thousands of new real estate investors how to invest in Distressed Real Estate. Distressed Real Estate includes investing in foreclosures, short sales and bank owned properties. Levinrad will be teaching new investors how to buy, fix and flip bank owned properties and short sales at the Distressed Real Estate Boot Camp in South Florida. This three-day boot camp shows new investors how to find and locate properties, how to calculate how much to offer and how to estimate the value of properties and the cost to repair them. The Distressed Real Estate Boot Camp will be held from October 26 to October 28 at the Deerfield Beach Hilton Hotel in Deerfield Beach Florida.
“We have had phenomenal success with our students” says Levinrad. “We have taught single moms, retirees and even the recently unemployed how to make money investing in real estate primarily by fixing and flipping bank owned properties and short sales.” “Many of our students have flipped multiple properties and some of our students have become full time real estate investors. We had one new student that flipped 17 houses in a little over one year” said Levinrad.
The Distressed Real Estate Boot Camp will help new real estate investors as well as seasoned real estate investors with previous experience. The 3 day Boot Camp includes 2 ½ days of class room training along with a half day Distressed Real Estate Bus Trip visiting bank owned properties. Levinrad teaches new investors how to calculate comparable sales, after repair value and repair costs, which is crucial when determining how to make offers and how much to offer on bank owned properties.
“There is a huge opportunity to make money investing in bank owned properties” says Levinrad. “There are so many bank owned REO properties that are listed at such ridiculously low prices that foreign buyers have been swooping in and buying them. We have thousands of cash buyers looking for bargain priced properties and we have many foreign buyers that are buying multiple properties - as many as 40 houses in one year” said Levinrad.
Levinrad makes his money by wholesaling, fixing and flipping properties for a profit and that is what he teaches his students. “You don’t need cash or any prior experience to participate because we will train you, provide the cash to buy these properties and even help find the buyers for you ,” says Levinrad.
The cost to attend the boot camp is $997 for 3 days, which includes all training materials including a Distressed Real Estate Bus Trip, Home Study Course, Audio CD Set, Forms Discs and Books. Students must be pre-registered in order to attend the event. For more information about the Distressed Real Estate Boot Camp or to register for the event please visit http://www.lexlevinrad.com or call 561-948-2127