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  • 7/17: The Top Zip Codes for Real Estate Investing (2015Q1) - The numbers are out! We’re excited to release 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 and/or properties in disrepair. Both of the... [read more]
  • 3/29: Narvelle Says Real Estate is the Foundation of Wealth - Premium Elite member Narvelle reveals how why he's all in when it comes to real estate investing and how he found his most recent deal on MyHouseDeals. Head over to our success stories page to hear the interview with him, plus... Why Narvelle prefers to invest in rental properties How N... [read more]
  • 2/27: Top Zip Codes for Wholesale Deals in 2014 - Hello again fellow investor! It's that time again! We're excited to release a list of the most popular zip codes for wholesale deals for all of 2014! If you do your own marketing to find investment property, target properties in these zip codes because they are more likely to have motivated se... [read more]
  • 12/5: The List is Out! The Top Zip Codes in July, August, September 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]
  • 9/13: Amy doesn't have to work in an office every day because of real estate investing - Premium Elite member Amy reveals how she discovered real estate investing as an income stream and found a deal on MyHouseDeals! Head over to our success stories page to hear the interview with her, plus... Why Amy thinks tenants are the most important aspect of a rental property How Amy... [read more]
  • 9/8: MyHouseDeals Featured on the Inc 5000 List - We made the list! MyHouseDeals is featured on the just published Inc. 5000 list of America's fastest growing private companies. This is a tremendous honor, and we are thrilled to find ourselves among such exciting and innovative businesses. But this is really about our investors. We couldn't ha... [read more]
  • 8/30: This math teacher is increasing his income through real estate investing! - Premium Elite member Tim reveals how he discovered real estate investing as an income stream and found hist first deal on MyHouseDeals! Head over to our success stories page to hear the interview with him, plus... How Tim and his wife work together to land great deals Why sometimes simp... [read more]

Narvelle says real estate is the foundation of wealth!

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Investor: Narvelle Pledger

Listen as Narvelle reveals:

  • Why Narvelle prefers to invest in rental properties
  • How Narvelle used MyHouseDeals to find his most recent deal
  • why timing is everything in real estate investing

Read More Success Stories

Published On: March 28, 2015
Membership: Premium Elite
Deal Overview:
After Repaired Value: $39,900
minus Purchase Price: $22,485
minus Cost of Repairs: $0
equals Total Profit: $17,415
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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!