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  • 10/21: The One Rule Robert Uses When Buying a Rental Investment Property - Robert knows what he wants and he's not afraid to go after it when it comes to Fort Worth investment property. He recently got into business with his son (who's a wholesaler) and started checking MyHouseDeals everyday for deals. Robert focuses on rental properties and looks for deals that fall withi... [read more]
  • 10/12: Q & A with An Experienced Hard Money Lender - Our Questions Answered! - Hard money is an appealing financing option for new and experienced investors because of the low barriers to get a loan, but hard money loans can come with some challenges if you aren't prepared. Daryl Daik, owner of the very successful Noble Mortgage in Texas, sat down with us to go over some co... [read more]
  • 10/7: Jeff is On His 5th Deal in Six Months! - When this property showed up in Jeff's inbox, he knew it was a "killer deal." Since the Houston investment property was in his neighborhood, he was familiar with property and rent prices. He knew right away there was a lot of equity in the deal. Jeff ran the numbers and had them verified by two exte... [read more]
  • 9/28: Driving for Dollars 101: Tips from 5 Investing Experts - Some investors are all talk and no action. They've read all of the books and attended all the seminars, but they don't take any action. You can set yourself apart with one simple strategy: Driving for Dollars. No, you aren't driving around picking up money. You are driving through neighborhoods a... [read more]
  • 9/23: This New Real Estate Investor Seeks More Control Over His Own Time - For Lloyd, real estate investing represents more control over his time and more time with his family. He is an engineer by trade and has spent the last couple years educating himself about real estate investing strategies with Houston investment property. After a weekend seminar, when his wife offic... [read more]
  • 9/19: Investor Sells Home and Gives Proceeds to Boy After Death of Parents - Have a tissue handy? Watch the video below for the full story - it's a good one. James lost his mom in May and his dad shortly after in December, which left him alone in the house he grew up in with no siblings or extended family to help. Will, a Houston investor, contacted James to buy the ho... [read more]
  • 9/14: So You Want To Be a Real Estate Investor? Facebook Live Event 9/21/16! - We all know the benefits of real estate investing. We know it can lead to more control over your time and greater financial freedom... ...What we don't always know is how to get started or what investing strategy to use. It’s time to leave the unknown behind! Seasoned real estate investor Ken... [read more]

The one rule Robert uses when choosing a rental property to buy

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Investor: Robert Kornegay

Listen as Robert reveals:

  • How using a property management company pays for itself
  • How to use the 1% rule for rental properties
  • The best financing option to avoid paying fees

Read More Success Stories

Published On: October 21, 2016
Membership: Premium Elite
Deal Overview:
After Repaired Value: $140,000
minus Purchase Price: $92,000
minus Cost of Repairs: $32,000
equals Potential Equity: $16,000
Click to Play Success Stories Robert Kornegay

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 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!