I closed on another probate property last Thursday. I am always so thankful every time I close on a house because there are a lot of things that affect who a seller will go with.Even though there are a ton of other real estate investors and realtors going after the same properties I’m trying to
Advice for Administrators Stuck in Probate with a Mortgage on the Property
I wanted to share this email with you from a conversation that I had with one of my students today. I am very proud of him because of his activity and his choice to embrace the opportunity to be of service to the much-needed market going through probate. As many folks have slowed down or
How to Buy 6 to 10 Probate Properties with 6 to 10 Feet of Distance
I had such an interesting couple of conversations this morning with a few of my ProbateFox members that I just had to stop and share some of that with you. First of all, we don’t ignore the fact that we are all human and therefore have been impacted in one way or another with this
How to Put the Entitled Real Estate Business to Shame
It has been quite a busy year for my team and I and as we wrap up our year. I like to pause and reflect on many of the events, conversations, and experiences that impacted me in one way or another; and like I do every year I like to share these with you. LEADERSHIP
My Favorite Four Letter Word
I love the acronym T.E.A.M. which stands for: Together Everyone Achieves More. Real estate is all about those four words because real estate is a people business. And the best business is when all parties get to work together so that the outcome that everyone gets to walk away with is one where everyone had
Probate Foreclosures
What? they’re……back…? Lately I’ve been having more and more conversations with my inherited property sellers about their estate dually going through probate and foreclosure. It’s been a while since I have seen my probate files with a notice of default but for some reason, I’ve gotten three of them over the last week. And that
Three Probate Deals for the Price of One
I am an 80s child and one of my favorite programs was the…A-Team.A popular phrase on this show was“I love it when a plan comes together”and that’s exactly what happened this past weekend. The team put together three deals from one seller.Our seller was a US marshal who’s also in the defense and weapons business
Wait is That a Rattlesnake in My Backyard?
I was just about done with this flip when after a heavy season of rain my backyard was left with an overgrown backyard full of weeds. Typically that doesn’t stop me from putting a house on the market; however this neighborhood is known to be filled with rattlesnakes and just recently a child was reported to be
Forget About Real Estate Best Practices
Yesterday I got the privilege of being in a private session with Billionaire Ken Fisher of Fisher Investments whose company is worth 108 billion dollars. He talked about what took his business to the next level. Many companies do what’s called “Best Practice in Business” In his experience, “best practices” can get you to a B- company
Did Social Media Come Crashing Down?
This week Instagram and Facebook we’re down for many hours. I know many people that have a business dependent on Facebook and were therefore paranoid. Some real estate professionals choose to market via Google ads, some even go as far as Facebook. Luckily for us we are not dependent on an online platform or a social media app. We develop
LAUSD Teachers Are On Strike But…
Did you know the Los Angeles Unified School District has been on strike since Monday, January 14, 2019? That’s 30,000 teachers! Teachers basically need a higher pay. There are also government employees not receiving pay due to the government shut downs. Early on I decided not to depend on anybody else to provide my paycheck
Another Question Answered: Contacting Attorneys
I love getting your questions and I share them in hopes that it might move you along in your journey in probate. So here’s a question I got last week. I have been doing Probate investing in Ohio for the last 18 months. I have a question regarding having success with attorneys. I do my
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