|I’ve been in this real estate game for a very long time. And most of it (23 years) has been spent specializing in the inherited real estate market.|
I have had hundreds upon hundreds of conversations with sellers going through probate.
Wanna know their biggest motivation for selling the house? They want to get their hands on that inherited cash so they can pay down the mountains of debt they have accumulated.
Unfortunately, debt has become the American way.
How bad is it?
I had a conversation with a friend of mine this past week who is on the inside of one of the biggest “debt consolidation” companies in America. Their top salesperson accumulated over 2.7 million worth of client debt last month.
You think that number is mind-boggling? Check this out – the company acquired over 298 million worth of client debt last month. And this isn’t some kind of weird blip on the radar. They are pulling these numbers month after month and year after year.
But you still don’t have the “big picture.” Let’s put the whole puzzle together.
We are currently in the midst of a 30 trillion dollar generational transfer of wealth. 60% of that inherited wealth is expected to end up in probate.
The housing markets are starting to shift. Is there a bubble that’s going to burst? Are we going to have 2008 version 2.0 upon us?
Honestly, I’m not worried what happens. I’m not just a real estate investor. I’m a probate real estate specialist.
Is the market flooded with people like me? Nope. Most of the people diving into probate are doing it all wrong. It’s not a hard niche to master, but you need to know the nuance. I’ve been working probate for over 20 years, and still am. I know what works and why it works. And since I’m still working probate, I know what used to work that no longer works, and I know what’s working right now.
Ready to get in front of this wave of prosperity?
Committed to your success,
Ernie “Debtless” Vargas | The Probate Fox
Top Sales Rep Did 2.7 Mil in a Single Month