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  • 6/20: From 20+ years of social service work to a successful real estate investing career! - Premium Elite member Aaron reveals how he made the transition from 20+ years of social service work to real estate investing! We called Aaron to discuss his strategy for a deal he just closed on... Head over to our success stories page to hear his answer, plus... Aaron's tips for stayi... [read more]
  • 5/10: Landry wholesaled a property in 3 days using MyHouseDeals - Premium Elite member Landry explains how he found a great deal on MyHouseDeals and 3 days later used the site to wholesale it to another investor, netting him an $8K assignment fee! We called Landry to discuss his strategy for this deal... Head over to our success stories page to hear his ... [read more]
  • 5/2: Robert Wholesaled the First Property He Saw on MyHouseDeals! - Premium Elite member Robert just completed a deal using his MyHouseDeals membership. Now he explains how he wholesaled the very first property he saw on MyHouseDeals... Head over to our success stories page to hear his answer, plus... Why Robert credits networking for his success. How R... [read more]
  • 4/11: How Rizvon Landed His First Deal with NO Formal Real Estate Background - Premium Elite member Rizvon just completed a deal using his MyHouseDeals membership. Now he explains how he landed his first deal with no real estate background... Head over to our success stories page to hear his answer, plus... Why Rizvon thinks you shouldn't be scared of ugly propertie... [read more]
  • 4/4: Top Zip Codes for Wholesale Deals – January, February, April 2014 - Hello again fellow investor! We’re excited to announce that once again we’re releasing a list of the most popular zip codes for wholesale deals! 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... [read more]
  • 3/14: Hiron just did his first deal using MyHouseDeals! - Premium Elite member Hiron just completed a deal using his MyHouseDeals membership. Now he explains how a newbie nabbed his first deal... Head over to our success stories page to hear his answer, plus... How this first time investor made this deal happen with no formal real estate educati... [read more]
  • 3/11: 3,000 - We are so excited! We just got our 3,000th "like" on Facebook! This means a lot to us because we use Facebook to share updates about the website and real estate investing news with our investors. It's a milestone to celebrate. And that's exactly what we are doing today. Thank you! If you h... [read more]

Aaron reveals how he made the transition from 20+ years of social service work to real estate investing!

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Investor: Aaron Vaughn

Listen as Aaron reveals:

  • Aaron's tips for staying informed and taking fast action!
  • How Aaron utilized mentoring programs to get started in real estate investing.
  • How Aaron is on his way to financial freedom through real estate investing.

Read More Success Stories

Published On: June 6, 2014
Membership: Premium Elite
Deal Overview:
After Repaired Value: $70,000
minus Purchase Price: $14,500
minus Cost of Repairs: $2,500
equals Total Profit: $53,000
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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!