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Hey Moguls, Lex Levinrad here to continue my series about doing rehabs at a minimal cost, leaving more profit for you. You can start with Part 1 here.
In the previous lesson, Part 2, we talked about estimating repairs and the importance of you - as the investor rehabber - needing to play the role of general contractor (GC). As I said in that post, one of the two biggest mistakes newer investor rehabbers make is paying too much for material and labor by hiring a GC - which costs a small fortune. You can simply learn how to do that role yourself and save yourself a lot of money – and after you’ve done it a few times, it really becomes second nature.
So, let’s get back into this series by talking about the second biggest mistake…
Lex Levinrad
Lex Levinrad has been a full time real estate investor since 2003. Lex has purchased and rehabbed, wholesaled, fixed, flipped and rented more than 500 houses. Lex is an active real estate investor and wholesales 10 to 20 houses every single month. Lex also fixes and flips properties as well as manages a portfolio of many rental properties in Florida. Lex is the founder and CEO of the Distressed Real Estate Institute™, which trains new real estate investors how to buy, wholesale, fix and flip properties. Lex specializes in buying foreclosures, short sales and bank owned properties (REO’s) and has trained thousands of students from all over the world how to make money in real estate by wholesaling, fixing and flipping properties through the Distressed Real Estate Institute Training and Coaching Programs™. The Distressed Real Estate Institute offers Private Real Estate Coaching Programs, Group Mentoring Coaching Programs, Distressed Real Estate Boot Camps, Distressed Real Estate Bus Trips, Fixing and Flipping Houses Boot Camps as well as Home Study Courses, Books, Audio CD’s and DVD’s for all levels of real estate investors. Lex is a nationally recognized speaker and has shared the stage with some of the country’s biggest real estate speakers including Russ Whitney, Dr. Albert Lowry, Ron LeGrand, Than Merrill, Robert Shemin, Frank McKinney, Cameron Dunlap, Kent Clothier, Reggie Brooks, Larry Goins, and many other well-known real estate and motivational speakers. Lex has authored 7 books about investing in real estate and has been featured on Fox News Radio, ABC, CBS, Sun Sentinel, Miami Herald, The Real Deal, Mortgage Daily News, Yahoo Real Estate, Real Estate Professional Magazine, Real Estate Wealth Magazine and many other online publications websites and blogs. Lex is the host of the Distressed Real Estate Radio Show and has also been featured as a guest speaker on many other real estate radio shows including the Real Estate Radio Guys, Fox News Radio and many other radio shows. Lex is also the founder of the Distressed Real Estate Investors Association which is one of the largest real estate investment clubs in South Florida. Lex is also a licensed realtor with Charles Rutenberg Realty. For more information about Lex Levinrad and the Distressed Real Estate Institute please visit http://www.lexlevinrad.com or visit our Real Estate Club site at http://www.distressedreia.com or call our office at 561-948-2127 or 800-617-2884.