Ilove working in the niche of probates , but that ’ s not true for all investors . I think the reason is they just don ’ t have the knowledge they need about probate investing and how the process works . Probate investing is not that much different than other niches , but because the property is part of an estate that seems to make a difference in the way people feel about it .
Why Do I Love Probates So Much ?
There is less competition for several reasons .
● A lot of investors just think it ’ s just strange working in this niche .
● Others just don ’ t know the process and how they fit into it .
● Another reason is they just aren ’ t willing to do the work involved to get the information needed to get those leads .
If you want to jump into this very profitable niche , take the time to learn about the actual probate process and about probate investing in has a different process for getting probate leads .
When you think about probate investing , the reason this niche is so great is also the reason a lot of people won ’ t go to the trouble to learn the process for getting leads in their area . It ’ s not always easy . Just know that you may have to do a little detective work .
# 3 . I Feel Bad Profiting Off of Dead People or Isn ’ t it Weird Talking about Dead People ?
Here is the main thing to remember about probate investing :
The heirs rarely want the house ; they just want the cash sitting in that property . If the house happens to need a lot of repairs or updating , it is an investor that can solve their problem so they can go on with their lives .
Folks Have a Lot of Questions
People have a lot of questions about probates . In fact , I am asked the same questions all the time .
Today I decided to take the 10 most common questions I am asked about probate investing and answer them . Many of these topics could be ( or have been ) entire blog post or video so today you ’ ll be getting the “ short version ”. I plan to take some of these topics and elaborate on them in the future .
# 1 . Why Is There Less Competition in the Probate Niche ? general . You are going to find that these folks are some of the most motivated sellers on the planet .
# 2 . Why is it So Hard to Get Probate Leads ?
The reason it ’ s so hard to get the information is because the process is different everywhere . This is also the reason there is less competition . There are over 3300 counties in the US and each one of those counties
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I hear this comment all the time . Sellers are all pretty much the same . It just so happens that folks in probate are there because someone died . They are also there because they have a problem ; they have a house they need to sell , and that ’ s why they need us . We are there to help them solve a problem . It really is that simple .
Remember this : The sellers of probate property don ’ t want the house ; they want the cash from the sale of the house .
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