This investing team is set to make $48,000 profit!

Dick Kraus and Paula Price are real estate investors from Houston who recently bought their second property from MyHouseDeals.com.

Listen as they tell us the best way to get started in real estate investing, what to do if all of the good deals seem to be gone, how rapport and trust factor into transactions, and what kind of photos are helpful when looking for a wholesale deal.

Here’s a glimpse at their deal:

Investor: Dick Kraus & Paula Price
Location: Houston, TX
Property Details:
Location: 10377 Briar Forest
After Repaired Value: $130,000
Purchase price: $57,000
Cost of Repairs: $25,000
TOTAL PROFIT: $48,000

[wpaudio url=”http://media.myhousedeals.com.s3.amazonaws.com/testimonials/website/dick-kraus.mp3″ text=”Listen to the Dick Kraus & Paula Price Interview” dl=”0″]

Dick and Paula got a full refund on the price they paid for their 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!

Posted on Nov 18, 2010

Author: Doug Smith

MyHouseDeals was founded in April of 2005 and has since provided information on thousands of bargain-priced properties with over $7 Billion in equity (and growing!) In addition to property lists, we help investors succeed by providing valuable tools, resources and education. Most of the properties on MyHouseDeals are single-family houses. Many of these properties are wholesale deals, which are for sale by other investors. Others are motivated seller leads, which are for sale by homeowners who are often in a bad situation. These properties are typically discounted by far greater amounts than bank foreclosures.

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