REI Wealth Monthly Issue 12 | Page 48

MAKING MONEY AS A PROBATE PROPERTY INVESTOR LEON MCKENZIE What Kind of Properties are in Probate? This is where you enter the picture. With a firm understanding of the probate process and the knowledge of how to get the best value for probate – related properties, you can often assist the executor in seeing real value for their estate properties. An estate may consist of any of the properties accumulated by the deceased – • Real estate is typically very high on this list – and can include residential property, commercial property, acreage, duplexes, condomi- Executors are looking for help …. niums, apartment buildings, strip malls, office buildings, ranchland, farms, etc. You will also find personal property such as assets into cash so that bills can be paid and so that ‘65 • that the heirs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