REI Wealth Monthly Issue 12 | Page 50

MAKING MONEY AS A PROBATE PROPERTY INVESTOR LEON MCKENZIE There is a concept known as the “pressure cooker” effect that is oft times in play in these situations. The longer the time the estate is not distributed the greater the pressure on the Executor to “make something happen”. This can become a very interesting situation for the discerning investor. How do you ensure that you are there when the property is ready to be sold? You will want to implement a program where you reach out to the Executor on a frequent basis. Some investors make contact every month, using various forms of mailers; others may do these mailings every other month. The key is to keep something in front of the Executor so that when he or she reaches that point where a sale must be made you are in the picture. The Cost is Right US Probate Leads has developed a unique program for individuals interested in working in the Probate Property sector. They offer fixed blocks of leads for a set price in each county. You can purchase leads in 25/50 or 100 units for a relatively low price in any county in the country. Additionally, there is pricing for All Leads generated in a county and if you wish to be the only person in your county receiving their leads; you can also purchase Exclusive Rights to that county. Their pricing structure is remarkably reasonable when you consider the potential of the lead coupled with the fact that you will be one of only a small group of people receiving these leads in your immediate county. The US Probate Leads program has been designed around the delivery of probate leads that are provided each and every month. participating Each in individual the program receives leads every 30 days in their own area. Note that they can opt out of the monthly lead program at any point in time, if they so desire, with no penalty.