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  • 6/21: Top 20 Most Bizarre Google Earth Photographs - We've all done it... We search for a property and look at the street view. As investors it's helpful to see the property's surrounding area or even take a virtual tour of the neighborhood through Google's view. Seeing a property and the neighborhood in person is essential when moving forward w... [read more]
  • 6/17: Having a Plan B is the Secret to Debbie's Investing Success - Stepping out of your comfort zone is challenging -- but that's the way it should be! Debbie's real estate investing experience is that each Dallas investment property deal that she does gets easier. She has been flipping properties for the past six years and thrives off improving the quality of a... [read more]
  • 6/8: Landlord Guide to Rental Property - We’ve all heard the rental property horror stories. We’ve heard about the 3:00 AM phone calls for busted pipes and broken toilets. We’ve heard that being a landlord can be a real nightmare. But frankly, it doesn’t have to be that way. As with most aspects of real estate investing (and in life!) if y... [read more]
  • 6/3: Learned from mistakes, got back on his saddle for a $165K equity deal - Pierre has experienced the ups and downs of real estate investing. One week he profited $36K on a deal, and the next he had thousands of dollars worth of appliances stolen from a house he was showing to potential renters. Pierre is the to first admit that he learned a lot from making mistakes, wh... [read more]
  • 5/25: The Top Zip Codes for Investment Property in Your Area [2016 1st Quarter] - The numbers are out! We’re excited to release a list of the most popular zip codes for wholesale deals from January to March of 2016. If you do your own marketing to find investment property, target properties in these zip codes because they are more likely to have motivated sellers and/or proper... [read more]
  • 5/20: DeJuan Shares His Recipe for Building Wealth One Rehab at a Time - DeJuan recently purchased his first property from MyHouseDeals, but he is far from a newbie. He’s coming out of a long break from real estate investing more determined than ever to build wealth with Chicago investment properties. DeJuan takes advantage of his existing connections and relationship... [read more]
  • 5/11: Top 20 Worst Real Estate Listing Photo Disasters - Selling a property can be challenging... Especially with crazy photos like these! Check out these pictures from ACTUAL real estate listings and learn what NOT to do when you post your next investment property deal. Warning: What you are about to see cannot be unseen! And for the real estate inves... [read more]

Having a plan B is the secret to Debbie's success

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Investor: Debbie Brown

Listen as Debbie reveals:

  • How to assess a subdivision when pulling comparables
  • How to determine whether to flip and sell or rent out a property
  • Why you need a cash reserve for property rehabs

Read More Success Stories

Published On: June 17, 2016
Membership: Premium Elite
Deal Overview:
After Repaired Value: $105,000
minus Purchase Price: $64,000
minus Cost of Repairs: $20,000
equals Total Profit: $21,000
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MyHouseDeals.com Success Stories

Not All Sources for Investment Property Are Created Equal

Image of investment property

There are several different places where you can find investment property, and each source has its positives and negatives. The tough part is deciding which of these sources for investment properties will be right for you and your real estate investment goals.

Foreclosures Aren't Typically the Best Investment Property

Foreclosures were incredibly popular amongst investors for a number of years because they were considered to be an easy way to start investing in real estate. However, they are now out of favor with experienced investors because competition has driven up prices for these investment properties. While foreclosures are often available at a discount, that discount usually isn't a large enough for an investor who seeks to make a profit.

So Where Do I Find A Good Investment Property?

Wholesale properties and motivated sellers leads (also known as pre-foreclosures) are the types of investment properties most likely to be profitable for investors today, and you'll find plenty of them on MyHouseDeals.com. We focus on providing these properties because they are often available at bigger discounts than you'll find with MLS or foreclosure properties. Many wholesale properties and motivated sellers properties are for sale at 20%-50% off retail.

What is Wholesale Investment Property?

Wholesale properties are investment properties that are sold by other investors. The sellers are typically looking to make quick cash by selling you a fixer upper "as is." You can often make the larger profit by buying, repairing, and reselling or renting the property. This type of property is not available on the MLS or other public sources.

What are Pre-Foreclosures and Motivated Sellers?

Motivated sellers (pre-foreclosures) can also make for prime investment property. Like wholesale properties, these properties typically aren't listed on the MLS. Instead of reaching out to a Realtor, these sellers want to work with directly with a buyer who can buy quickly, and that type of buyer is often an investor. If a deal is made, the motivated seller benefits by getting out from under their mortgage. The investor benefits by picking up an investment property at a significant discount.

Unlock the Investing Secret Savvy Investors Already Know!

The pre-foreclosures and wholesale properties on this website provide tremendous profit potential for real estate investors. Sign-up for a free account now to gain immediate access to these investment properties, and grab your first or next big profit deal before someone else does!