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CAN’T GET LEADS? TRY US PROBATE LEADS!   ........... 1

image PREPARING FOR THE SUMMER SEASON............... 2
image WHICH REHABS MAKE YOU MONEY................................ 3
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At any one point in time there is more than $600B in Residential Real Estate properties on the market across the US. Executors of Estates frequently need money, so bargains are not hard to find.

Can’t Get Leads?  Look to Probate for Opportunity!

Today’s real estate market couldn’t be more challenging. With very few leads and plenty of buyers, getting a deal can be a real challenge.  Is there a way of still finding opportunities to build a business? There is.  Finding leads for homes and other types of investments is possible in probate.

Probate offers a great deal of leads for investors who want to find homes, land, businesses, vacation homes, apartment buildings and commercial property at a significant discount.  Unlike the traditional

market, the probate market offers these properties at a decreased cost which can save you a ton and almost guarantee a profit. 

Executors who have properties on the market need to sell them quickly so they have the cash to pay for funeral expenses, medical bills and legal fees.  In order to meet these needs, they are often happy to discount the cost of their property for a quick closing.

Looking for leads?  Look to probate for your next purchase

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PROBATE WATCH

Why should you consider probates?  There are two main reasons – discounted prices and very motivated sellers.  With an estimated 100,000 probates hitting the market every single month across the United States, you can see that Executors are very interested in getting their properties sold.  In order to meet this need, they are happy to decrease the price to a place where an investor can easily purchase their home and either rehabilitate it or add it to their portfolio as a personal home or as a rental property.  In terms of a discount, you can expect to see prices of 30% to 50% less than those homes on the traditional market.  If you want to save money, build equity and get a great deal, look to probates.

   
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The spring weather is rapidly turning warmer and that means a change to a summer strategy for your real estate investment business.

Why is there a change of strategy with the change of season?  While the spring rush may still be over, there are plenty of sellers still on the market.  If they haven’t sold their home during the first few

 

HOW YOU CAN HELP AN EXECUTOR FULFILL THEIR ROLE AND CLOSE THEIR PROBATE

As a probate investor, you will work with Executors on a regular basis.  If you begin to look at them as partners in the process, you may be able to make better deals over the long term.  When you help them by purchasing a home, cleaning out a garage, buying a car or taking over a business, you are assisting them in closing up the loose ends that can keep their probate open over the long term.  Investors play an important role in the closing of accounts and fulfilling legal requirements for Executors

Preparing for the Summer Season

The place to begin is at www.usprobateleads.com.

months of the selling season, then they may be getting anxious that their property doesn’t sit all summer long.  What that means for you is that you have the opportunity to get even lower prices on properties that are currently available.  The best way to accomplish this is to plan your offer before you approach the Executor of the estate to create a deal.  You should have costs in mind not only to purchase the property, but to bring it up to the level of restoration you desire. 

The good news is that during the summer season you can easily
 

see what repairs need to be made on the outside of the home.  You will have time, if you are organized, to get the home to close as well as to complete the repairs during the summer. 

Overall, what you can expect during the summer seasons is a bit slower movement, but with increased opportunities to purchase properties at good prices. If you plan well, you can expect to profit.

Take time to prepare now for the summer season and see opportunities grow.

Probate Leads represent the last major market untapped real estate market segment in the US today! Now is your opportunity to step into this market.

SMARTER
INVESTING:

Creating Community
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One of the best ways to find new opportunities in probate investing is to become involved in your community.  The Chamber of Commerce, Rotary Club or local networking group can be a great place to get the word out about what you do and what you offer.  Help others and they will help you to build your business.

Buy Bankruptcy Property and Profit

In addition to probate leads, there are other ways to learn about leads in your area.  One of the best opportunities is in bankruptcy leads which can give you access to homes, businesses and properties that are for sale at a fraction of their cost. 

Similar to a probate lead, bankruptcy leads are generated by the county courts who administer the bankruptcy proceedings.  While much of the process to purchase a bankruptcy property can be similar to a standard sale, you may see some court-ordered language in the sale documents.  The first time you purchase a bankruptcy property, you

may want to have an attorney review the paperwork to ensure that you understand exactly what the terms and requirements are for you.  Once you see the common language and understand what it means, you can feel free to move forward, unless you have questions.image

The benefit of purchasing a bankruptcy property is that the court wants the home, business or other assets sold in order to pay creditors.  While the court wants the best price they can get, they are usually willing to take quite a discount in order to complete the sale and clear the bankruptcy.  Learning about these leads is simple by using a service that can provide you with the information you need to approach the sellers.

Bankruptcy is a great way to save money and invest.

   

 

   

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Which Rehabs Really Make You Money

When you are looking at probate related real estate, one of the things that you learn very quickly is that some of the properties that you are looking at may need some work before you can put them back on the market.  That means you have to think carefully about where to invest in your home in order to make the most money.

The first thing to do is to take a full inventory of the home and the work that you think it might need in an ideal world.  What you decide to do will depend on how you plan to use the property – whether you will keep it as a rental property or plan to put it

back on the market – and how much your budget will allow. 

Deciding whether or not to purchase a property can be dependent on its condition. If you find that a property need cosmetic work, that is one thing.  Finding out that the foundation, roof or electrical system isn’t up to code or has issues means something entirely different.  These extensive repairs may be better left to another investor or someone who would purchase the home for their own residence as they can be expensive and unpredictable. 

If you do decide to purchase the

home, then look for inexpensive fixes first.  New paint, especially on ceilings, as well as new carpet can make a huge difference in a home and are not enormous monetary undertakings.  Adding a new front door can give a home a fresh, updated look. New countertops in kitchen and bathroom spaces can quickly bring a home current.  Trimming bushes, edging beds and adding mulch can transform an outdoor space and open up the front of a home with little material.

Choose your rehabs carefully and you will profit on your next real estate purchase.

EDUCATION WILL GROW YOUR PROBATE, DIVORCE OR BANKRUPTCY INVESTMENT BUSINESS

No matter how long you have been in the probate investment business, you can always benefit from some new information.  That is the reason that 2015 needs to be a year of education for you and any team members that you use on a regular basis. 

With a wide variety of seminars and webinars available on probate investing, you will be able to learn some new tips and techniques that will help you to quickly move your business away from a stalled phase and into one of rapid growth.  During these seminars, you will learn everything from communication strategies to the best ways to negotiate with Executors and attorneys to get the lowest prices and the most favorable terms.  Contact us today for a list of our seminar and webinar times and offerings.

Networking Opportunities that Build Profits

Working in the probate real estate business offers far more opportunities than simply buying and selling homes.  In fact, with a little creativity, you can add multiple streams of income to your business.

One of the newest trends in real estate investing is to look at divorce and bankruptcy leads.  Offering many of the same benefits that probate leads provide, divorce and bankruptcy leads give investors a way to find homes and other properties that need to be sold and can be purchased at a discount.  What is different from probate is that you won’t be working with an Executor.  Divorce and bankruptcy leads mean that you will be communicating with an attorney, generally, who will be working to get the property sold to either meet the requirements of the divorce decree or the court.  This can mean that you will have a slightly different

purchasing process.  The first time through, it may be worth having your own attorney review the documents until you are more familiar with the language used particularly in bankruptcy sales.

Another way you can diversify your business is by adding new services.  Instead of simply focusing on buying and selling real estate, you can offer services that coordinate with real estate purchases.  These may include an estate sale option for sellers who need to sell personal items.  Estate sales can offer good profits by giving you a percentage of the total sales for your efforts.  You can also offer a clean out service, where your team brings in a dumpster and clears out garages, attics and

basements.  This can be a great advantage to you as you may find items that the Executor wants to get rid of that can be sold for a profit. 

For apartments, you can provide a turnover service.  When people move out of an apartment, typically the suite needs to be cleaned, painted and the carpet needs to be steam cleaned or replaced.  Providing this service for a landlord can be a profitable way to work in the commercial real estate space.  You can also provide a management service where you advertise and show a property to rent it out.

There are so many ways to profit in real estate.  Get creative today!

 
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A Note from the Editor

Together, we can find those probate-related properties
that will allow you to be a success in the probate area.

Now is the time. . . If you have been looking for a way to get into the real estate market and simply haven’t been able to find the leads that you need in order to make your business prosper, then now is the time to look to US Probate Leads for help. 

Maintaining an ongoing string of leads is what will drive your business forward.  The best way to access the homes, businesses and commercial properties in your area is by using a professional lead service.  Our service offers you timely, viable leads that will save you hours of

frustration at the courthouse and give you the opportunity to visit more properties with the time that you have.

US Probate Leads is now also offering divorce and bankruptcy leads that can provide options for those investors who want to branch out beyond probates.  These leads are delivered the same way as our probate leads – right to your inbox – and they can offer a wide range of investment options. 

Your business doesn’t have to

slow down because of the lead shortage.  By taking advantage of US Probate Leads’ professional services, you can have access to all of the information you need on a regular basis to profit.

For more information on our lead service and other products, visit our website today at:

 

www.usprobateleads.com

or feel free to give us a call at (877) 470-9751.

The sale of Probate Properties can bring you a major new source of income. Let US Probate leads show you how to participate in this exciting market!

PROBATE
NOTES
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Next Issue –
June, 2015
Topics

Dealing with the Lead Shortage

Expand Your Passion for Cars into a Probate Business

Benefits of Buying Commercial Property

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US Probate Leads
Plano, Texas 75023
Off: (469) 361-6281
Toll Free: (877) 470-9751
www.usprobateleads.com