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| Displaying 1 - 15 of 15 Deals | 1 |
5/22/2013 - Desirable West Miami Property! |
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Status: | Available | Estimated After Repair Value: | $285,000  |
Click to View Details 
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| Lead Type: | Wholesale Deal  |
minus Seller's Asking Price: | $199,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $20,000 |
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| Location: | Miami, FL 33155 | equals Profit Potential of: |
$65,100
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5/17/2013 - CBS 3/1 Rents for $1300/mo |
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Status: | Available | Estimated After Repair Value: | $105,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $79,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $6,000 |
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| Location: | Fort Lauderdale, FL 33312 | equals Profit Potential of: |
$19,100
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5/16/2013 - Why Selling: Motivated Seller |
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Status: | Available | Estimated After Repair Value: | $110,000 |
Click to View Details
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| Lead Type: | Motivated Seller |
minus Seller's Asking Price: | $79,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Loxahatchee, FL 33470 | equals Profit Potential of: |
$20,100
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5/8/2013 - CASH FLOWING DUPLEX Under $50K |
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Status: | Available | Estimated After Repair Value: | $65,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $49,900
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| Property Type: | Duplex | minus Estimated Cost of Repairs: | $0 |
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| Location: | Homestead, FL 33032 | equals Profit Potential of: |
$15,100
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5/3/2013 - Great Handyman FLIP or RENTAL! |
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Status: | Available | Estimated After Repair Value: | $58,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $36,000
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| Property Type: | Condo | minus Estimated Cost of Repairs: | $7,000 |
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| Location: | Greenacres, FL 33463 | equals Profit Potential of: |
$15,000
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4/25/2013 - Belle Glade EQUITY! |
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Status: | Available | Estimated After Repair Value: | $74,050 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $21,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Belle Glade, FL 33430 | equals Profit Potential of: |
$42,150
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4/19/2013 - SWEET DEAL IN SOUTH MIAMI! |
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Status: | Available | Estimated After Repair Value: | $140,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $99,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Miami, FL 33189 | equals Profit Potential of: |
$30,100
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4/19/2013 - NNN 7 CAP, AUTO, FINANCING |
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Status: | Available | Estimated After Repair Value: | $1,400,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $1,190,000
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| Property Type: | Commercial Property | minus Estimated Cost of Repairs: | $0 |
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| Location: | Fort Lauderdale, FL 33317 | equals Profit Potential of: |
$210,000
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3/29/2013 - Legal 4/2 Handyman-Miami Gdns |
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Status: | Available | Estimated After Repair Value: | $120,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $73,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $20,000 |
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| Location: | Miami Gardens, FL 33056 | equals Profit Potential of: |
$26,100
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3/7/2013 - AMAZING DEAL READY TO CLOSE! |
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Status: | Available | Estimated After Repair Value: | $140,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $92,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $15,000 |
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| Location: | Miami Gardens, FL 33056 | equals Profit Potential of: |
$33,000
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2/27/2013 - Amazing Deal, Great Location! |
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Status: | Available | Estimated After Repair Value: | $95,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $74,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Boynton Beach, FL 33435 | equals Profit Potential of: |
$20,100
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2/26/2013 - Amazing Investment 5/3 CBS! |
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Status: | Available | Estimated After Repair Value: | $115,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $65,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $20,000 |
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| Location: | Delray Beach, FL 33444 | equals Profit Potential of: |
$30,000
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2/11/2013 - 2BR - CASH FLOW-ALREADY Rented |
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Status: | Available | Estimated After Repair Value: | $110,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $53,000
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $0 |
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| Location: | Miami, FL 33147 | equals Profit Potential of: |
$57,000
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1/25/2013 - CBS 4/2 Great Rental Property! |
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Status: | Available | Estimated After Repair Value: | $130,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $83,900
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| Property Type: | Single Family House | minus Estimated Cost of Repairs: | $15,000 |
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| Location: | Opa Locka, FL 33054 | equals Profit Potential of: |
$31,100
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12/24/2012 - CHEAP MIAMI 4-PLEX! |
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Status: | Available | Estimated After Repair Value: | $150,000 |
Click to View Details
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| Lead Type: | Wholesale Deal |
minus Seller's Asking Price: | $99,900
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| Property Type: | 4-Plex | minus Estimated Cost of Repairs: | $10,000 |
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| Location: | Opa Locka, FL 33054 | equals Profit Potential of: |
$40,100
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| Displaying 1 - 15 of 15 Deals | 1 |
The Miami investment property landscape has been transformed over the last few years. Not so long ago, foreclosures dominated the market, and Miami area investors were able to make a consistent living from simply buying and reselling these types of investment property. Today though, this is increasingly harder to do.
Banks that own these foreclosures are not letting go of them at rock bottom prices like they used to. Many of them are blinded by the fact that at some point someone took out a high dollar mortgage on that property so they want to recover as much of that as possible. They are slow to realize the property was probably never worth near that much.
But smart Miami investment property owners have found ways to still make a living. They have just had to focus their efforts on different types of investment property rather than rely solely on foreclosures. The kinds of property getting the most attention from investors now are pre foreclosures and wholesale properties.
Pre foreclosures are homes not yet on the banks foreclosure list but are likely to end up there soon. This could be due to either a job loss or maybe the owner had a variable rate loan that they can no longer afford to pay. There is a window of opportunity for an investor to swoop in and buy the home for only the outstanding mortgage balance. This of course works best when the homeowner has built up significant equity in the home over a number of years.
Wholesale property deals are another Miami investment property that should get your attention. These deals occur when one investor is looking to make a quick exit out of a property for whatever reason. It could be that they can't handle the necessary repairs on the home or it might be that they just need an influx of cash to buy another property. In any case, these deals tend to happen very fast, so you have to know where to find them and be willing to act quickly once you find a good deal.
MyHouseDeals.com is the best place to find wholesale property deals and pre foreclosures. We put together the most comprehensive list of profitable Miami investment property and make it available to our members. The list is updated every day by our staff who are constantly calling property owners to investigate details of each listing to make sure members are seeing the best deals.
Additional Articles: South Florida Cheap Property | South Florida Cheap Houses for Sale | South Florida Investment Property | South Florida Pre-Foreclosures | South Florida Real Estate Investment Clubs | South Florida Rental Properties | South Florida REO | South Florida Wholesale Property
