Sharon Restrepo has been investing in foreclosed and distressed real estate for over 15 years. She is a nationally acclaimed real estate educator specializing in recession proof investing strategies, foreclosures and short sales.
Lex Levinrad is confident that things are looking great for the acquisition of real estate property in Delray Beach, especially if the buyer makes a low annual income. Levinrad helps students of his seminars with the Section 8 Public Housing Assistance Program. He wants his pupils to rent their properties, a guaranteed income for the landlord of an average of $1,250 per month.
“It’s a good time to make a real estate investment,” Levinrad said.
Since 2003, Levinrad has been a full-time investor and landlord. He opened the Distressed Real Estate Boot Camp to teach students how to buy, fix up and sell property. The next boot camp starts Feb. 19 and consists of two weekend days of classroom training. Levinrad wants to instill a “drive” in young investors. The institute’s real estate target is Miami to Port Saint Lucie.
“I’ve bought, sold and fixed up hundreds of properties. People are attracted to the market uprising. I think the real estate market has bottomed. I just recently helped a homebuyer purchase a property for $20,000 in Pompano Beach. It’s the American Dream to own property,” Levinrad said.
He also said a monthly property could be less than their rent payment they currently pay.
“This foreclosure crisis is a tremendous opportunity for others. I think people should move money from the stock market into housing,” Levinrad said.
For the Distressed Real Estate Boot Camp topics include investing in foreclosures, short sales and buying bank-owned properties directly from the bank. Levinrad will also be teaching investors how to flip bank-owned properties to other investors.
Classes start at 9 a.m. Feb. 19 at the Hilton Suites Boca Raton, 7920 Glades Road, Boca Raton. Cost is $997, and Levinrad asks that students register before the event.
For additional information about the Distressed Real Estate Boot Camp, Lex Levinrad, and the Distressed Real Estate Institute visit www.lexlevinrad.com or call 800-617-2884.