I have a probate investing success story for you today. You might be surprised to learn that most of Jill Speth’s deals happen to be coming from one niche, and that is probates. Yes, you heard me right. Probates.
Like me, Jill understands that off-market deals like probates present the greatest opportunity for all investors to do more deals in today’s highly competitive seller’s market. Probates are by far some of the most lucrative deals you will ever do, and you get to help these sellers that just want to be done with the estate and move on with their life.
Jill is a Registered Nurse and real estate investor who founded Colorado Solutions in 2009 during the financial crisis. Focusing primarily on wholesaling and rehabs, she also succeeded in building a small rental portfolio in the Colorado Springs market. In 2016 Jill earned her associate broker license and focused primarily on selling the rental portfolio in Colorado Springs to transition to the Denver market. She officially fired her boss in September 2018 and is now in the Real Estate business full-time. Jill recently bought a distressed property in Phoenix that she intends to rehab and hold as a rental.
Show Notes: Probate Investing Success Story
In this show whether you are an investor or an agent, you will learn how probates can fuel and grow your new or existing real estate business.
Investing part-time while keeping her day job as a nurse
Jill’s probate investing success story
The opportunities in probate investing from both the investor side of the business and the agent side of the business
How Jill successfully works both sides of the business
Exactly how she decides whether to pursue the deal as an agent or an investor
Talking to sellers; it’s not a skill most people are born with
Jill’s latest probate deal and how she found it
The massive cleanout and how she handled it in a different way
Why the seller chose her to do business with
How much money she made on this probate deal
Tools she uses in her business
Automating her direct mail marketing (game changer!)
Here's Your Video – Probate Investing Success Story with Investor – Agent Jill Speth
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About Jill
Jill Speth, a Registered Nurse, and Real Estate investor founded Colorado Solutions in 2009 during the depths of the financial crisis. Focusing primarily on wholesaling and rehabs, she also succeeded in building a small rental portfolio in the Colorado Springs market.
2012 brought Jill, her husband, and 3 daughters to Littleton, CO so her husband could earn his math degree at UC Denver. In 2016 Jill earned her associate broker license, currently held with Equity Colorado, and focused primarily on selling the rental portfolio in Colorado Springs to transition to the Denver market.
Jill officially fired her boss in September 2018 and is now in the Real Estate business full-time. She is flipping homes in the Southwest Denver Metro area while learning and implementing systems that will help scale her business to provide for a low-stress lifestyle with an abundance of free time. Looking forward, she plans to build a portfolio of cash-flowing assets with either rental property, storage units, or agricultural land.
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To learn how to to become the go-to probate expert in your area Just click his link.
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So she combs through probate listings to advertise? Her multiple, generic, cold-hearted letters to families, who are going through tough times, seem a bit much. Maybe if you wrote a personal letter to the family, maybe some flowers, a sympathy card, or addressed it to the right people (not the ones listed in the probate listings) you might get a little more business. We will absolutely NEVER use you because of this!
Real estate investors are able to help a lot of people. They have a property in the estate that needs so many repairs and updates that they can’t be listed on the MLS. Loans backed by the government like FHA ETC. will not loan money on those properties.
There is actually nothing bad about what is happening. Understand that the executors are required to sell the property in the estate before it can be closed. The only other alternative is that the heirs put their own money into the property (which they don’t own) and do the repairs so that it can be listed on the MLS.
Jill Speth, a Registered Nurse, and Real Estate investor founded Colorado Solutions in 2009 during the depths of the financial crisis. Focusing primarily on wholesaling and rehabs, she also succeeded in building a small rental portfolio in the Colorado Springs market.
So she combs through probate listings to advertise? Her multiple, generic, cold-hearted letters to families, who are going through tough times, seem a bit much. Maybe if you wrote a personal letter to the family, maybe some flowers, a sympathy card, or addressed it to the right people (not the ones listed in the probate listings) you might get a little more business. We will absolutely NEVER use you because of this!
Hi Frank- It’s really not like that.
Real estate investors are able to help a lot of people. They have a property in the estate that needs so many repairs and updates that they can’t be listed on the MLS. Loans backed by the government like FHA ETC. will not loan money on those properties.
There is actually nothing bad about what is happening. Understand that the executors are required to sell the property in the estate before it can be closed. The only other alternative is that the heirs put their own money into the property (which they don’t own) and do the repairs so that it can be listed on the MLS.