REI Wealth Monthly Issue 05 | Page 24

INTERVIEW WITH LEX LEVINRAD NOLAND ARARACAP Before we wrap this thing up, what three or so, key bits of advice you would tell a new investor? 1. Understand wholesale real estate and retail real estate and why a distressed seller would sell their house for less than what it is worth. 2. Understand what a great wholesale deal looks like and why cash buyers only want to pay 65% of After Repair Value (ARV), less the repairs. 3. Learn how to find wholesale deals so that you can be the middle man (or woman) between the desperate seller and the cash buyer – that is where all of the money is. Is there anything else you’d like to share with the rest of us? Yes, everyone should strive to overcome their own self-limiting beliefs and fears. If you want to be a real estate investor then educate yourself on the subject matter and learn as much as you can by attending your local real estate investment club meeti