Every probate property has personal contents that are left behind. Did you know that under the probate legal process, these items along with real estate are technically considered property? The difference is that one is categorized as real property “real“ for real estate. And the other is categorized as personal property. Yes, our job as real
A Lesson on Wealth From a Dead Italian Civil Engineer
What is the most valuable resource you have in real estate investing? Is it your facebook ads? Is it your leads? Is it the team you’ve built from the ground up? Although all of those are important, none of those are as important as YOUR TIME. I’ve been teaching and coaching investors for a lot of
Why Most Probate Certifications Make Great Toilet Paper
I had a conversation the other day with one of my student that had me laughing so hard I was literally rolling on the floor. But you’re gonna need a little background first. There’s a guy going around town peddling “probate certifications” and to be completely honest I don’t think he’s ever done an actual
Wanna Cash in on the Eviction Moratorium?
On Friday I talked about the supply and demand problems with real estate and how you can find a secret treasure trove of properties to cash in on. There’s another issue going on in the housing market, but it’s one that is not easily understood using simple economics. Why? Because the government has been heavily
Do you Know About This Secret Stash of Houses?
Have you noticed how stores are constantly out of a ton of random items all the time? This reality really hit home the other day. My 21 year old daughter, Christina, is trying to purchase her very first car but she has had no luck because demand is super high and supply is at an
I’d like to share with you a conversion with my son, Ernie Jr., a couple of days ago. Ernie Jr. is a teenage boy and with that comes the desire for independence freedom and the ability to make his own decisions. I believe it’s important that I give him room to make his own decisions,
What My 20 State Tour of America has Taught me About Real Estate…
I know it’s been a while since I’ve sent you an email. My deepest apologies are in order. I recently got back from a 20 state tour of the United States. My wife, Kathy, our four kids, one of their friends, and our dog, Kalaya, came with us for our tour of America. The trip wasn’t
Do You Live in a Bubble?
I’m writing you from the road right now. We’re on day number 6 of our 16 day, 5400 mile road tour of America. The miles have been adding up, but so have the memories. Kathy and I left last Wednesday from L.A. with all four of our kids, Ernie Jr.’s friend Nate, and our dog
Just Call me Clark Griswold
Have you ever seen the movie National Lampoon’s Vacation? Chevy Chase plays a loony but loving father Clark Griswold who takes his family across the country on a vacation full of mishaps and shenanigans. Call me crazy, but the Vargas family is heading out the door in about a half-hour to embark on a family
Oh How I Used to Hate My Job
Back in the late 1990’s I worked for a big box store called Price Club. If you’ve never heard of Price Club, I’m not surprised, but you’ve probably know of the store and maybe even shopped at it a time or two because it eventually rebranded itself as Costco. I had a secure job there
Why Would You Celebrate Failure?
Today I got off the phone with one of my past students who joined the Probate Fox family about 15 years ago. We had such a great conversation reminiscing about the good old days when he was still a bit wet behind the ears. Now his son is following in his footsteps and is experiencing some
I Bought a Home From a Volcano
Two weeks ago I was in Utah at a mastermind for real estate investors. I absolutely LOVE masterminds. It’s such an effective way to figure out how to get past personal and professional hurdles, catapult your business lightyears ahead, and make giant strides to achieve your lifestyle goals. Don’t worry, I’m not going to try
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