REI Wealth Monthly Issue 12 | Page 47

MAKING MONEY AS A PROBATE PROPERTY INVESTOR LEON MCKENZIE What if they have no heirs and have not left a will? What about those cases where the estate is equity rich, but local real estate is in danger of being foreclosed because mortgage payments can’t be met? What happens to estate properties when the heirs simply can’t agree? What if the estate does not have the cash to pay property taxes? What if the executor lives out of state and in order to manage the sale of the property must fly in to meet with prospective buyers – know who pays those travel costs? Situations such as these do happen. How would you like to be in a position to be able to be able to benefit financially from these cases? The Opportunity There is a new company that has made its business to understand these situations and has built a business model that will allow you to participate in this oft times, lucrative area. The company, US Probate Leads, has stepped into this void in a big way. They offer monthly probate leads to Real Estate investors, such as yourself throughout the US. They are doing what, heretofore has not been done. Each month they provide their clients with individual contact information enabling them to reach out to the folks responsible for estates in their immediate area. This information is critical if you wish to be able to reach out to this niche market group of sellers. These estate executors are seeking solutions that they can employ to assist in selling estate assets so that their estate can have the funds necessary to settle any expenses and make distributions to the rightful heirs. Today, it is not uncommon, to hear of residential property in an estate going into foreclosure or perhaps being sold at a fraction of its value. This is not what the deceased wanted to have happen to his or her life time accumulated possessions. Contrary to the popular misconception that the executor does not want assistance in this time of need, studies have shown that this is exactly the time that they are seeking help. Who among us is prepared to take on the responsibility of settling the estate for one of our loved ones? This can become an involved process and having someone available that understands the complexities associated with the buying and selling of the myriad of properties found in an estate is invaluable. OP POR T UN I T Y