Pics from my trip to Montanta and Canada

I’ve been working extremely hard for the last few months, providing more deals and investor training to members of myHouseDeals.com than ever before. I decided it was time for a break. So last week, I went with some friends to the wilderness. We spent 7 days in Glacier National Park in Northern Montana and Waterton…

Read the Full Story

The Nasty Truth about Finding Deals on the MLS

A big THANK YOU to everyone who emailed Elise over the last few days. She is recovering slowly and appreciates all of your encouragement! Now back to real estate this week. Other top investors and I agree that these are the most effective ways to find good deals in today’s marketplace: 1) Wholesalers, 2) Vacant…

Read the Full Story

A Real Tragedy at myHouseDeals.com

About 3 weeks ago, I posted a blog entry entitled “Civil War Erupts at myHouseDeals.com”. We poked fun at getting injured in a ficticious “battle”. Unfortunately, just a few days later, someone really was injured. But not in battle of course. Elise was injured in a car wreck near our offices. For those of you who…

Read the Full Story

You vote! Which is your favorite posting?

Let’s do something different this week. This is your chance to interact with this blog and vote on your favorite posting! Read through the postings on this blog and then click on the image below to vote and view the results. (NOTE: A new window will open) Enjoy! – Doug Smith, President, myHouseDeals.com.

Read the Full Story

Going to Prison Is as Easy as 1,2,3! Mortgage Horror Story

One easy way to go to prison is by defrauding a lender or conspiring to defraud a lender. This is otherwise known as mortgage fraud. Of course, there are many types of mortgage fraud. But one scheme, in particular, is more prevalent among real estate investors. Let’s take a look at what to be aware…

Read the Full Story

Civil War Erupts at myHouseDeals.com

“Is it maroon or is it brown?” That was the divisive question that was unexpectedly thrust upon the staff at myHouseDeals.com on Tuesday morning. This simple question brought a halt to all business. For about 60 minutes, wholesale deals went unapproved, member questions went unanswered, and updates to the website … don’t even think about…

Read the Full Story

“It’s Not Right!” cried Paris Hilton to myHouseDeals.com

This just in. In an attempt to turn her life around and start a career, Paris Hilton used her jail time wisely to successfuly put a house under contract on Tuesday, June 12. (Apparently, the jail has a phone and fax machine.) According to her publicist, Paris initally considered rehabbing and re-selling the property for…

Read the Full Story

Me Giving the Best Man’s Speech at Brother’s Wedding

My twin brother, Trent, got married a couple of months ago. I was the best man, so I gave a speech. The video of my speech is below. I got a little choked up at the beginning as I paid respects to three of my grandparents who have passed away. But I recovered and proceeded…

Read the Full Story

The Money Tree

As you may recall, my friend Robert was outraged last week when I took his Cadillac out for an “unauthorized” spin. And when he found the $20 bill that Wendel left in the car, he shouted, “Doug, Tell Wendel that if he wants his $20 bill, he’ll have to pry it out of my right fist!” But that…

Read the Full Story

Doug’s Day Out

Like I mentioned last week, I’m moving into a new house that I bought a few months ago. I’ve done a major rehab on it, and it’s SUPPOSED to be ready for move-in here in a week or so. We’ll see! But until it’s ready, I’m homeless, so I’m staying in my good friend, Robert Hamlin’s…

Read the Full Story