June was a month of growth for us at MyHouseDeals.com. We got more Motivated Seller Leads and Wholesale Deals than in the previous months. What does that mean for you? A 55% increase in available equity for the taking! Here are the numbers…

Motivated Sellers Leads – 304 new leads were added to the website (13% growth over last month!)

WholesaleDeals – 501 new deals were posted to the website (32% growth over last month!)

Followed-Up – 435 deals followed-up on for accuracy and availability

Sold Deals – 345 sold on the website or marked as no longer available

Equity – $40,939,876.00 combined equity of deals and leads posted! (55% increase over last month!)

“How to Use MyHouseDeals.com” - Hosted 2 webinars with over 330 investor registrants. If you haven’t participated in one yet, sign up for it at http://www.myhousedeals.com/webinars/how-to/ It’s free!

Live Event! – Hosted the 4th edition of our bi-monthly live event in Houston, TX with training sessions, networking, and trade show. It was a day to remember! Houston investors agree — over 600 of them signed up to attend it!

And we’re going to keep bringing you MORE deals, MORE networking, MORE training! Stay tuned!…

Until then, happy (and profitable) investing!

The Team at MyHouseDeals.com

What an incredible event it was! Investors packed the house on Saturday for the MyHouseDeals.com Live Event! It was a memorable day of live training and networking.

And we’ve got the pictures to prove it! From the “Private Money” session with Tom Berry to the “Internet Lead Generation” discussion with Jack Mize and Jaremy Moritz, including their in-depth closed doors session for Premium members only in the afternoon, we captured every moment of the live event. Click here or the image below to see the pictures.

We also brought back the “Networking Wall.” We asked our attendees who either needed a service or had a service to offer to write their name, phone number, and a short message on a large piece of paper on the wall.  By the end of the event it was completely covered with offers and services. As before, many people were frantically trying to copy everything down as the event came to a close… so we are making it available to you here in case you didn’t have a chance to. Check it out by clicking the image below or going to http://www.myhousedeals.com/houstonlive/networking-wall.asp

These events get us so excited and motivated, we can’t wait until the next one! We hope you were there and enjoyed it as much as we did!

Until next time, happy (and profitable) investing!

Hello fellow investor!

Last year, I gave a college scholarship to a deserving student from my old high school. I found it very rewarding to give back, so I decided to do it again this year.

The scholarship criteria were that they are nice, likable, and a good student. I know, very simple requirements. But one person really stood out in all three categories. Her name is Katie Woolam, and I named her as the recipient. You’ll see from her email below that she’s nice and likable. But what her email doesn’t say is that she was the class valedictorian, so she was clearly a good student!

I gave her the scholarship late last month, and she’ll use it to help pay for tuition at Texas Tech University this fall. I wish her the best of luck in college, but with a track record like hers, she won’t need it!

Below are some pics of Katie…

And here’s what she sent me when I asked her about herself…

She’s very happy and enthusiastic, isn’t she? I love peeking into the world of optimism and possibility that’s often found in young people like Katie. That’s one of the reasons I choose to give back through scholarships.

Well, I need to get back to rounding up those deals for you. But before I sign off, I’d like to encourage you to use your time or money go give back to a cause you believe in. I’m confident that you’ll find it to be extremely fulfilling for you and the recipients. And I encourage you to do it now rather than later because later never seems to come!

Until next time, happy (and profitable) investing!

Doug Smith
Real Estate Investor
Founder of MyHouseDeals.com

May was another great month here at MyHouseDeals.com. Want some specifics?

Motivated Sellers Leads – 269 new leads were added to the website

WholesaleDeals – 379 new deals were posted to the website

Followed-Up – 554 deals followed-up on for accuracy and availability

Sold Deals – 357 sold on the website or marked as no longer available

Equity – $26,384,965.00 combined equity of deals and leads posted!

“How to Use MyHouseDeals.com” - Hosted 2 webinars with 191 registrants. If you haven’t participated in one yet, sign up for it at http://www.myhousedeals.com/webinars/how-to/ It’s free!

And June is already off to a great start! We’ll keep you posted

Happy (and profitable) investing!

The Team at MyHouseDeals.com

April was another great month here at MyHouseDeals.com. We have so many reasons to smile! How many exactly? We have some numbers for you…

448 wholesale deals posted.

299 motivated seller leads posted.

That’s 747 new properties added, with over $39,445,705 in equity!

502 previously posted deals and leads followed-up on for availability and accuracy.

481 properties marked as Sold or No Longer Available.

2 “How to Use MyHouseDeals.com” webinars hosted, with over 170 registrants. If you haven’t participated in one yet, sign up for it at http://www.myhousedeals.com/webinars/how-to/ It’s free!

Hosted another Live Training and Networking event in Houston… and it was great! Over 300 investors registered to participate, 4 speakers shared their investing tips with the audience, and more than 20 companies made their services available to our investors. Check out pictures here.

And we’re going to keep bringing you deals, training, and networking. Make the most of them!

Happy (and profitable) investing!

The team at MyHouseDeals.com

Can you believe it? MyHouseDeals.com celebrates its 5-year anniversary this week!!

Seems like just yesterday that I was driving along the highway thinking about business when an idea popped into my head.

I said to myself, “I’m frustrated with looking for deals in so many different places. There should be one place where wholesalers can post their deals and rehabbers and landlords can buy them. And I should build it!”

A few days later, I started building the website and after a few months, it went live. At first, the site was just for Houston investors and it had just a few deals and a few members. But it grew exponentially over time.

Now we’re in 15 major cities and we provide info on wholesale deals AND motivated seller leads, plus all sorts of tools and educational resources for new and experienced investors.

But our main focus is still deals. To date, we’ve provided information on 23,051 wholesale deals and 19,416 motivated seller leads with a combined equity of $3.2 billion!

Thanks for making this anniversary possible by continuing to post your deals and buy properties! You haven’t let the real estate “slump” stop you from achieving your goals, and we won’t let it stop you either!

Until next time, happy (and profitable) investing!

Doug Smith
Real Estate Investor
Founder of MyHouseDeals.com

Hello fellow investors!

I recently did an interview with an online TV show. For the most part, the interviewer wanted to know what my background was, how I “made it” as a real estate investor, what my “success traits” are, and so on. While the interview was supposed to be about me, I did my best to give the viewers as many success tips as I could.

Some of those were persistence, determination, self-educating, goal setting, time management, passion, work ethic, and living by the golden rule. But I also gave a success tip that not everyone is familiar with. I emphasized the importance of being part of a mastermind group.

The terms “mastermind group” and “mastermind principle” were coined by the late Napoleon Hill, author of the #1 bestseller, Think and Grow Rich. Here’s how he defines the mastermind principle…

“The Mastermind principle consists of an alliance of two or more minds working in perfect harmony for the attainment of a common definite objective. No two minds ever come together without a third invisible force which may be likened to a “third mind.” When a group of individual minds are coordinated and function in harmony, the increased energy created through that alliance becomes available to every individual in the group.”

While that quote pretty much sums it up, the video below goes more in depth. It’s of Napoleon Hill himself reading an excerpt from his book. He recorded this video during or soon after 1937, so it’s definitely a throwback. (But that made me enjoy it even more!) Here you go …

If you’re trying to make it big in real estate, I highly encourage you to form your own group so that you can benefit from the tremendous power of that third, invisible mind. Here’s how:

1. Attend local real estate investing meetings on a regular basis and accumulate a sizable list of contacts over time. You can also build up these contacts by contacting wholesalers on MyHouseDeals.com and/or posting deals on MyHouseDeals.com. You’d be surprised how many people say that their favorite part of the website is “networking.”

2. Then reach out to a few of these contacts and try to get to know them on a deeper level. This will likely involve meeting up for lunch or coffee.

3. Arrange for you and the 5 or 10 contacts with whom you get along best to meet on a regular basis to discuss your real estate goals and challenges. And whalla! That’s your mastermind group!

I wish I had done this as a new real estate investor. It could have really helped speed things up. After all, it took me eight months to do my first deal. Talk about frustrating!

But I have been much better about applying the mastermind principle since starting MyHouseDeals.com. For the last three years, I’ve masterminded through a group called EO, which is short for Entrepreneurs Organization. It’s not just for real estate investors. It’s for all business owners.

We talk about issues pertaining to marketing, employees, overall business strategy, managing growth and more. While all of our business are so different, they’re all the same in so many ways. Not only have I gained a lot of ideas that have helped to make MyHouseDeals.com what it is today, I’ve also made a lot of great friends. It’s a great side benefit!

We even go to annual retreats to “bond.” This was new to me. I was never involved in Boy Scouts and never joined a fraternity, so I missed out on all that stuff. But you know what, “bonding” can actually be more fun than I initially gave it credit for! Here’s a pic of me and my group after we spent two days playing games and goofing off at a members ranch…

My EO mastermind group. I'm standing up with a white T-Shirt and khaki shorts. Nate (blue shirt) is clearly up to no good.

Don’t do like me and wait so long to get involved with a mastermind group. After all, dramatically increasing your profits while simultaneously forming lasting friendships seems like something you’d want to do sooner rather than later!

So what’s your next action step? Join a local organization that arranges mastermind groups. Or form one yourself. That way, you get to pick the members, and it’s FREE. (I’m sure you like that part.)

Until next time, happy (and profitable) masterminding!

Doug Smith
Founder of MyHouseDeals.com