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  • 1/27 - Blog Posting: New Success Story: Don Grosse - Premium Elite member Don Grosse just wholesaled a deal for a quick $4k in profits, head over to our success stories page to learn: How MyHouseDeals.com helped Don find quality deals. About some different options for quick financing. How to find quality, reliable contractors for repairs...
  • 1/19 - Blog Posting: Top Zip Codes for Wholesale Deals in 2011 - 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 2011! 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...
  • 12/30 - Blog Posting: Randy spends more time golfing than he does working...Find out how he got there! - Investor: Randy Brown Property Details: After Repaired Value: $96,000 Purchase price: $54,000 Cost of Repairs: $9,000 TOTAL PROFIT: $33,000 Learn: - What kinds of repair issues should be deal-breakers. - Why buying and holding is your best bet in this market - accordi...
  • 12/15 - Blog Posting: Merry Christmas! - Here's a little something to put you in the holiday spirit... We are enjoying the season and counting down to Christmas! We hope you'll have a wonderful time with your loved ones! And remember, just because it's a holiday doesn't mean that there won't be deals. We'll keep them coming, and ...
  • 12/7 - Blog Posting: Does Google hate you? - If you haven't checked out Jack Mize's X Factor Leads yet, go here now and save 50% before THURSDAY at midnight!... www.myhousedeals.com/xfactorleads I talk to so many wholesalers and investors who have spent A LOT of money on elaborate website setups. They tell me that after paying for dom...
  • 11/18 - Blog Posting: Still working 40hr weeks? Learn how investor David Fotch is thriving on HALF that! - Investor: David Fotch Property Details: After Repaired Value: $65,000 Purchase price: $26,000 Cost of Repairs: $12,000 TOTAL PROFIT: $27,000 Learn: - How to budget your time and only spend 20 hours a week working as a full time investor. - David's thoughts about the advan...
  • 11/14 - Blog Posting: New Search Box a Big Hit! - Hello again fellow investor! People have been upgrading to a Premium membership like crazy over the last few days. And we can't help but wonder... Is it because of the property page's new, improved and just plain awesome search box?!? We suspect it is! For years, you've used the website's old ...
  • 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.

Don wholesales a deal for a quick and easy $4k!

Picture of Member
Investor: Don Grosse

Listen as he discusses:

  • How MyHouseDeals.com helped Don find quality deals.
  • About some different options for quick financing.
  • How to find quality, reliable contractors for repairs.
  • Where to find current and up to date information online without feeling overwhelmed.

Read More Success Stories

Published On: January 27, 2012
Interviewed On: November 11, 2011
Membership: Premium Elite
Deal Overview:
After Repaired Value: $7,000
minus Purchase Price: $3,000
minus Cost of Repairs: $0
equals Total Profit: $4,000
Play Interview:

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!