Probate investing is one of my favorite niches as everyone knows. It is also one of the most lucrative niches of all which is another reason it is one of my favorites. I think every real estate investor should learn probate investing. There are some things however that are unique to this particular niche. That's what I wanted to go over in this short video today.
Getting the leads can be the most challenging part of the whole process when you set out to learn probate investing. But once you have that piece figured out, you just need a good direct mail campaign to get the ball rolling.
I think folks also get hung up on what they mistakenly think is a tedious legal proceeding that they need to be involved in.
“The legal stuff is for the probate attorney working on the estate to take care of”.
While it is helpful to understand the legal aspects of probate investing, it's not necessary for real estate investors to be involved in the process. Take just a few minutes and see why you should be learn probate investing yourself.
Here's Your Video
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LOL. It’s definitely not as easy as buying a list on Listsource Ben. It is totally worth it though because:
Most people are lazy and won’t do it, and it’s so profitable. And you can train someone to do that part of it for you. Outsource it.
Ben Neumann
on June 15, 2019 at 3:01 pm
No list in my city. I called to make sure, and the clerk said “oh we don’t have time for that” haha. But…they do have the court documents recorded online and listed by docket #. So, I can pull all the info by combing through the court docs…it’s not hard, and yea it goes slowly. It’s definitely not buying an absentee list on ListSource and blasting out postcards.
Jeremy Prunty
on February 26, 2014 at 4:20 pm
Cool thanks. Any suggestions for letter template wording?
Yes. I recommend that you only use professional white letters for probates with a company letterhead. Don’t use yellow letters. They don’t look like you are a professional investor.
Jeremy Prunty
on February 26, 2014 at 12:32 pm
You suggest using white paper computer generated letters for probate. Have you seen this being more effective than yellow letters in red handwritten ink? Do you suggest using company logo letterhead? Thanks!!
~ About Sharon
Hello from Louisville, KY, and thanks for stopping by my blog!
I love this business, and I am passionate about helping other people become successful real estate investors.
Come along with me on my journey as I create a business and a lifestyle that I love.
LOL. It’s definitely not as easy as buying a list on Listsource Ben. It is totally worth it though because:
Most people are lazy and won’t do it, and it’s so profitable. And you can train someone to do that part of it for you. Outsource it.
No list in my city. I called to make sure, and the clerk said “oh we don’t have time for that” haha. But…they do have the court documents recorded online and listed by docket #. So, I can pull all the info by combing through the court docs…it’s not hard, and yea it goes slowly. It’s definitely not buying an absentee list on ListSource and blasting out postcards.
Cool thanks. Any suggestions for letter template wording?
Yes. I recommend that you only use professional white letters for probates with a company letterhead. Don’t use yellow letters. They don’t look like you are a professional investor.
You suggest using white paper computer generated letters for probate. Have you seen this being more effective than yellow letters in red handwritten ink? Do you suggest using company logo letterhead? Thanks!!