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Sharon Vornholt
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Probate Investing; The Next Step. What Do I Do With the Leads?

February 19, 2013 in Probates/ Probate Investing

 

Probate Investing; What Do I Do With the Leads

When I am going through the leads looking for those that have property that I might be interested in, I put the information on a special probate sheet that I designed. It makes it much easier to put it into my database later on.

As I said, there are only 4 pieces of information that you need. The name and   property address for the deceased, and the name and address of the executor or administrator of the estate. Once every name that is listed in the newspaper has been checked on the tax assessor’s site, then I am ready to enter them into my database. I use an Act database that is from Sage. It is not specific to real estate, but it allows me to do everything easily that I need to do.

 

The Importance of Having a Database

I cannot overstate the importance of having a database for your leads. Don’t try to manage this process  by putting these names into an Excel spreadsheet. It just won’t work. You need a place where you can keep these people; a home for all your leads.

You will talk to sellers over time that may not be so motivated initially. Read the rest of this entry →

Tags: Administrator, Database, Deceased, Direct Mail, Direct Mail Campaigns, Executor, Leads, Learn Probate Investing, Mail Merge, motivated sellers, Personal Representative, Probate, Probate investing, Probate Real Estate Investing, probates, PVA, Tax Assessor
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Probate Investing; the First Steps

February 13, 2013 in Probates/ Probate Investing

Navigating Probate

Navigating Probate

 

I have found probate investing to be one of the most lucrative niches in real estate investing. It is also one that most people assume is difficult to navigate. The truth of the matter is that it is a relatively simple and straightforward process once you have a basic understanding of the probate process.

 

 

How Do I Find Out Where I Can Get A List Of Probates?

It’s really easy. Look up the phone number for your local probate court and give them a call. Ask how you can get a list of probates. They will tell you exactly how their system works.

In my city they are published in the newspaper so those leads are free. But be aware, that they have different procedures in different areas. In some areas you can get those leads online, or you may even be able to purchase a list. While purchasing a list may not be your first choice, it sure beats going down to the courthouse to get those records which is the case in some areas.

The important thing is to make the call to the probate court and begin the process.

 

What information do you need to begin the process?

There are only 4 pieces of information that you need to get started: Read the rest of this entry →

Tags: Administrator, Deceased, Executor, Investing In Real Estate, Leads, Learn Probate Investing, Louisville Real Estate Blog, Louisville Real Estate Investor, Personal Representative, Probate, Probate investing, Probate Real Estate Investing, probates, PVA, real estate investing, Tax Assessor
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~ About Sharon








Hello from Louisville, KY! Thanks for stopping by my blog. I have been investing in real estate since 1998, and I am passionate about real estate investing, and helping others become successful real estate investors.   Come along on my journey to financial freedom as I grow my business and strive to lead a joyful, stress free life.

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