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  • 5/10 - Blog Posting: Deals up 46% in April 2013 - In April, we posted 46% more deals to the website than March!... with 63% more Equity! Take a look at the stats for yourself... Deals Equity March 2013 481 $24,444,726 April 2013 703 $39,769,752 Increase 222 (up 46%) $15,325,026 (up 63%) With numbers like the...
  • 3/27 - Blog Posting: Wholesale Deals Up 20% in March 2013 - We're pleased to report that we are on pace to post about 500 wholesale deals this month! In March of last year only about 420 wholesale deals had been posted. Which means that we've seen a 20% increase in the number of deals! The bottom line is that the wholesale market is as strong as ev...
  • 3/6 - Blog Posting: Fred explains how really listening to the seller can get you the best possible deal! - Head over to our success stories page and listen as Premium Elite member Fred Deakins reveals: How being compassionate could help you receive a good purchase price. How to balance a full-time job while investing part-time. Why being postive about a property is helpful during negotiatio...
  • 3/5 - Blog Posting: New Hard Money Lender Guides Uploaded for 2013! - We're pleased to announce that we've uploaded brand new and completely updated hard money lender guides to the website! You can find them at... www.myhousedeals.com/hard-money-lenders/index.asp There's one guide for each market area that we serve, and there are anywhere from six to thirtee...
  • 2/26 - Blog Posting: 2,000 Facebook "Likes" - We're excited because we just got our 2,000th "Like" on Facebook! This means a lot to us because we use Facebook to share updates about the website and real estate investing news. We also use Facebook to stay in touch with you, our members, on a personal level. Our Facebook page is also a great w...
  • 1/17 - Blog Posting: Erick just finished his first deal using MyHouseDeals.com! - Premium Elite member Erick Harbert just grabbed his first deal using MyHouseDeals.com and made $35K! Head over to our success stories page to learn: How Erick was able to find quality deals when other avenues were producing ZERO results. How Erick was able to get his purchase price down $5...
  • 1/15 - Blog Posting: We've brought you 35,000 wholesale deals! - This week we posted our 35,000th wholesale deal to the website! Can you believe it? In just eight years we've brought you all these wholesale deals and counting (and many, many more when you consider Motivated Seller Leads!) That's an average of: 4,300 deals per year.... over 360 per month! ...
  • 4/7 - New Article: These House Flipping Tips Can Earn You 20-50% More Per Deal - Follow these house flipping tips and watch your profit on each deal you do soar. Our members have access to the resources needed to succeed. Check us out today!
  • 4/5 - New Article: How to Get 50% More Profit When Flipping a House - Learn how are members are flipping houses and making consistent profits by focusing on a few key tactics when working on these deals. Free membership.
  • 4/3 - New Article: Save 20-50% Buying and Selling Flip Properties With MyHouseDeals.com - Use MyHouseDeals.com to find your next flip property. Already have a property? We can help connect you to other investors willing to buy your flip properties.
  • 4/1 - New Article: Find Pre-Screened Pre Foreclosure Listings To Save Time and Money - Finding the right pre foreclosure listings can save you time and keep you from paying 20-50% more than you should. Check us out today.
  • 3/30 - New Article: Find Fixer Upper Houses Selling At Rock Bottom Prices - If you are looking to get into the real estate investing game on a budget, you might want to consider fixer upper houses. We have a great list of homes available.
  • 3/28 - New Article: Learn About the Recent Dramatic Shift in Property Investment Advice - The tune of those offering property investment advice has changed over the last several years. Learn why this is, and what advice you should be following now.
  • 3/24 - New Article: Find Investment Property For Sale At Prices Well Below Market Value - Let MyHouseDeals.com help you find the elusive profitable investment property for sale in your area. Join thousands of members across the country who count on us.

Fred explains how really listening to the seller could get you the best possible deal!

Picture of Member
Investor: Fred Deakins

Listen as Fred reveals:

  • How being compassionate could help you receive a good purchase price.
  • How to balance a full-time job while investing part-time.
  • Why being postive about a property is helpful during negotiation.

Read More Success Stories

Published On: March 6, 2013
Membership: Premium Elite
Deal Overview:
After Repaired Value: $110,000
minus Purchase Price: $64,000
minus Cost of Repairs: $16,000
equals Total Profit: $30,000
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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!