Everyone knows that I love probate investing. I like to call this the “Low hanging fruit”. In fact, I think every real estate investor should learn probate investing.
So why do I say that? Because those folks that have inherited a house, almost never want the property; they only want the cash that is sitting in the property. In almost every case they have inherited an unwanted property that they now have to unload.
Where's the Mystery?
There is a big misconception among real estate investors even seasoned investors that probate investing is difficult; that it is somehow “mysterious” but that couldn't be further from the truth. If you want to learn probate investing, all you need is a basic understanding of the process and the terminology. It is a great niche with a whole lot less competition than many other niches.
My buddy Justin Williams over at House Flipping HQ asked me to write a series on “Probate Investing” for his site. Over the next couple of weeks, I will be sharing those posts with you.
Today is Part 1: Understanding the basics. You can read Part 1 by clicking HERE…..
I would love to hear from you. Is probate one of your niches? It's easy to learn!
If you haven't already subscribed to the “Inner Circle”, be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want this year to be your best year ever! And if you enjoyed this article, please share it.
As a newbie, how important is it for me to have a website and a company name?
I noticed in the sample probate letter you provided in your podcast with Justin Williams,
it was headed with your company name & at the end you provided your phone number, email
address, and website address.
How much more effective are your mailings with these two things (company name & website) included and how effective would they be without them?