That’s a real estate investing recipe for success more often than not, especially if you can discern between money pits and money makers. When it comes to flipping foreclosures, or even purchasing a discounted distressed property as a primary residence, it’s critical to spot the “diamond in the rough” before someone else beats you to it.

Distressed properties are often in less than tip-top shape, but it’s that shabby exterior that is concealing the massive opportunity for riches for those investors who know how to take advantage of great deals when they see them.

Spotting a diamond in the rough isn’t difficult, but it does take the right knowledge and an open mind. You need to be able to see past the unsightly condition of a home that has turned off other investors to determine if it is really worth your while.

The September 2011 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which shows you how to find and capitalize on those diamond-in-the-rough properties that are just waiting for an investor like you

Learn how to hone your detective skills to uncover these amazing deals before your competition does. The potential financial rewards will be well worth your time.

To read this month’s free educational newsletter from Foreclosure.com CLICK HERE.

If you’re in the market for a new home for your family, it just makes sense to shop smart. Why pay full price for a property when you can pay pennies on the dollar?

The secret lies in distressed real estate. The condition of these properties tends to depress the list price. If you can see past a bit of shabbiness to the home’s true hidden potential, you stand to earn a lot of instant equity.

The May 2011 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which focuses on helping you spot easy cosmetic fixes and other simple issues that are straightforward and inexpensive rehab projects.

Turn your hidden gem into a shining testament to your brilliant real estate investment decision!

Whether you plan to live in your new home, rent it out as an income property or sell it for top dollar, rehabbing distressed real estate is a fantastic option to realize your real estate goals at rock-bottom prices.

To read this month’s free educational newsletter from Foreclosure.com CLICK HERE.

Whether you buy a flawless gem or a diamond in the rough, your new home is going to cost you extra after closing.

That amount, of course, depends on the condition of the home and your taste. Some improvements are often more practical than others, and in some cases, utterly essential.

Whatever the case may be, we can all agree that spending the least amount of money on the most fixes and/or renovations is always high on the priority list.

That’s where we come in.

The July 2010 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which answers these important questions and details everything you need to know about “Calculate rehab costs.”

It’s all about priming you for rehabbing your distressed property. You’ll learn how to find great contractors, money-saving “Do it Yourself” (DIY) projects, which problems to look out for and much more.

To read this month’s free educational newsletter from Foreclosure.com CLICK HERE.

Trump possibly set a record today with the most expensive single-family home ever sold with a price tag of more than $100 million (he came down from $125 million) for his renovated 6.5 acre Palm Beach, Fla., mansion.

He originally paid $41 million for the property four years ago and hired Kendra Todd at the conclusion of “The Apprentice” to oversee a $25 million renovation project.

According to several reports, the nine bedroom 62,000 sq. ft. palace boasts marble bathrooms with 24-carat gold fixtures, a 48-car garage, 100-foot long pool, conservatory and 475 feet of ocean front property.

However, the new owner — billionaire and Russian fertilizer tycoon Dmitry Rybolovlev — has no immediate plans to live in his new home. In fact, he may tear it all down to subdivide the land.

Location: Clackamas County, Oregon
City: Estacada
Price: $429,900
Zestimateâ„¢: $477,000
Difference: $47,100

This five-bedroom, two bathroom home is located just outside Portland and sits on five level acres of land. It comes with a new roof that was just installed in 2003, as well as features a vaulted ceiling in the living room, large country kitchen with bay window, a large patio and much more. In addition, there’s a scenic view of Mt. Hood view from property!

Note: other comparable listings in this neighborhood range from $240,044 up to $763, 500. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts. 

Location: Lancaster County, Nebraska
City: Lincoln
Price: $130,500
Zestimate: $163,671
Difference: $33,171

This two-bedroom, 1.75 bathroom home is located just outside where all the action takes place in Lincoln. It’s also a U.S. Department of Housing and Urban Development (HUD)-owned home. HUD auctions its Real Estate Owned (REO) properties via sealed bid. Contact the real estate agent to view this HUD foreclosure property and to submit a sealed bid.

Note: other comparable listings in this neighborhood range from $128,529 up to $177,568. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

Location: Kaloko “Big Island,” Hawaii
City: Kailua Kona
Price: $412,650
Zestimateâ„¢: $481,859
Difference: $69,209

This three-bedroom, one bathroom home is an ideal “starter home or investment rental” located at the top of Kona Wonderview. It boasts a nice back yard with picket fence, two storage sheds and additional parking on front lawn.

Just a couple coats of paint and a little TLC and you’re move in ready!

Note: other comparable listings in this neighborhood range from $396,667 up to $681,807. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

Location: Leoma County, Tennessee
City: Leoma
Price: $95,000
Zestimateâ„¢: $121,457
Difference: $26,457

This three-bedroom, two bathroom home is located in southern Tennessee near the Alabama and Mississippi borders. It is also about equidistant from major cities such as Memphis and Nashville.

Note: other comparable listings in this neighborhood range from $65,766 up to $189,453. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.