Archive for October, 2010

Do Like Melvin and Get In the Game!

Wednesday, October 27th, 2010

Melvin Tindall is a part-time real estate investor from New York City. He recently bought his very first property – and he found it on MyHouseDeals.com.

Melvin tells us about what inspired him to “get in the game,” the key to effectively researching a prospective property, how to use MyHouseDeals.com to zoom in on properties that are right for you, and how to market a property before the rehab is done.

Here’s a glimpse at Melvin’s deal:

Investor: Melvin Tindall
Location: New York, NY
Property Details:
Location: 327 S Frazier St
After Repaired Value: $127,000
Purchase price: $43,000
Cost of Repairs: $34,400
TOTAL PROFIT: $49,600

Listen to the Melvin Tindall Interview

Melvin got a full refund on the price he paid for his membership and will enjoy 1-year free access to all our deals! Find out more about our Premium Elite membership here.

We just love hearing from our members with their investing success stories. Have one you’d like to share? Leave a comment below.

Until next time!

Never Stop Networking! Pictures and Networking Wall from Saturday’s live event

Monday, October 25th, 2010

Wow! What an incredible weekend we had! Thanks to all who attended our Live Event on Saturday. It was great to catch up with you and see real estate investors at their best — networking, learning, and making deals!

Our Live Events help us to get closer to our members and hopefully open up a valuable networking channel for local investors. Our goal is also to educate our members about the latest trends, and we hope we shed some light on the opportunities that Private Money offers. Jack Mize did a tremendous job explaining the ins-and-outs of Private Money while sharing some invaluable tips with everyone in attendance.

As usual, it was a great crowd! Check out some of the best moments by clicking the photo below. You’ll be taken to our Facebook photo album, where you can view the pictures and tag anyone you recognize from Saturday…

Click to view pictures from the Live Event

While checking our photos, please remember to “Like” us on Facebook (you can do so by clicking the ‘Like’ button next to our profile picture.) It’s a great way to get updates and news about real estate investing and to network with fellow members. If you want to bypass the pictures and go straight to our page, just click on the image below…

Click to go to MyHouseDeals on Facebook

And speaking or networking, check out the final shot of the networking wall from the event. There you’ll find deals, calls for partners, offers from vendors, and financing offers! (Click the image to view the magnified, scrollable version.)

Click to view the Networking Wall

We hope you enjoyed the content provided. We can’t wait until the next event!

Are you a landlord? You’ll like this…

Wednesday, October 20th, 2010

Are you a landlord? I think you’ll like the website that I’m now using to screen my tenants. Not only will you like it, I think you’ll find it to be incredible!

Here’s how it works…

Prospective tenants fill out an online application and then it’s emailed to you with their CREDIT SCORE and criminal background check. It also gives you a suggestion on whether or not you should rent to them.

You can have the tenants pay for the application fee or you can pay it. The fee is $30 per app, but if you use the special MyHouseDeals link below, it’s just $25. Over time, the savings can really add up.

MySmartMove - Tenant Screening Service

Learn about My Smart Move by watching this video:

https://myhousedeals.mysmartmove.com/ViewTrainingVideo.aspx?video=hwitwrks

Pretty cool, huh?

And now sign up as a landlord for free at:

http://myhousedeals.mysmartmove.com

Then the next time you have a property for rent, run them through My Smart Move. You’ll save time and make better leasing decisions … which means more money in your pocket.

Until next time, happy (and profitable) investing!

Doug

Learn All About Private Money and Network with the Best in Houston this Saturday!

Monday, October 18th, 2010

Registration is going strong for our FREE Live Event that happens this Saturday, October 23rd!

This is going to be another awesome opportunity to network with other Houston investors and to learn what’s working in real estate investing right now!

If you haven’t registered yet, just click on the image below to reserve your seat!…

Click image to register for the Oct 23 Live Event

This edition of the event will be hosted by Jack Mize. If you’ve been to one of our previous events, you’ve probably seen Jack on stage or networking with other investors. He is an expert when it comes to flipping houses on the internet. He has generated thousands of real estate leads online since 2005 and regularly flips houses to or partners on deals with big name Houston investors.

The main reason why we asked Jack to host the event is that the man is an expert on Private Money! And it just so happens that on Saturday, we will focus heavily on this topic and we wanted the best person to talk to you about it.

Why Private Money is Important and Why You Should Want In On It:

Many investors are using Private Money as the alternative to the tight and difficult traditional lending market, and Jack can tell you exactly all you need to know to put Private Money to work for you. He’s created a special training session for this Saturday’s Live Event entitled Seven Ways Private Money Can Put Cash in Your Pocket in the Next Thirty Days. In this session, Jack will tell you:

* How to put Private Money to use in ALL your real estate transactions, not just flips.
* How to use Private Money to put cash in your pocket the day you close.
* How to approach Private Lenders and secure funds for your transactions.
* How to get private lenders to fund all your transactions.
* And much more!

In today’s market, you cannot afford to lose out on those last minute, crunch-time profits because of financing! You must learn how to think outside the box and let Private Money dramatically increase your real estate income.

Simply click the link below to secure your spot and join us on Saturday for what is sure to be an eye-opening training session with Jack…

http://www.myhousedeals.com/HoustonLive/

$48K in equity for this former registered nurse! Will you be next?

Wednesday, October 13th, 2010

Listen to Deb discuss how she makes money rehabbing houses in a buyer’s market (hint: it’s all about buying cheap and selling low).

Deb tells us about how she ended up in real estate investing, what to do if you’re not good at knowing what needs to be fixed on a property you’re considering buying, the best way to find contractors to help with your rehab, and why Deb thinks many investors struggle getting started.

Here’s a glimpse at Deb’s deal:

Investor: Deb Ueltschy
Location: Houston, TX
Property Details:
Location: 418 Dorsal Way
After Repaired Value: $129,900
Purchase price: $63,000
Cost of Repairs: $18,000
TOTAL PROFIT: $48,900

Listen to the Deb Ueltschy Interview

Deb got a full refund on the price she paid for her membership and will enjoy 1-year free access to all our deals! Find out more about our Premium Elite membership here.

We just love hearing from our members with their investing success stories. Have one you’d like to share? Leave a comment below.

Until next time!

A Slow Real Estate Market? MyHouseDeals.com Members Beg to Differ

Wednesday, October 6th, 2010

506 deals from the website were Sold in the month of September. Wow! This means that our members are taking advantage of their membership to sell their available deals and, better yet, buy property!

So much for a slow market and financial crisis!… Our investors are closing deals and making big bucks! Most inspiring of all, they are making real estate work for them when market conditions are not considered ideal by many. This is clear evidence that investors are still active across all markets.

But getting properties sold is not the only thing we do around here. We spend most of our time focusing on bringing you deals, deals, deals! Check out some of what we did in September…

We added 528 wholesale deals to the website

We added 381 Motivated Seller Leads to the website

That’s a total of 909 new properties added in September!

These properties have $49,171,244 worth of combined equity! How much of that did you claim for yourself?

And that’s just some of what we did in September. We’ll continue to bring you the best and most profitable deals to elevate your real estate investing to the next level this month, and next month, and the month after that…

So log in to your account and find your next big profit deal!

Until next time!

Team MyHouseDeals.com