Live & Flip

The Challenge

Scott over at www.strugglinginvestor.com and I have set a challenge for ourselves.   We are working towards our first probate deals.  The winner gets a $100 gift card for his readers.  I love challenges like this.  The competitive side of me has me working harder then before to complete the first deal.   I have some work to do to catch up though.  He's mailed out 75 leads to my measly 19.  Time to kick it in high gear. I found a new source for more leads in Denver County.  The Colo...

Buyers Needs

Last post I talked about my first customers, the sellers and their needs. Now lets discuss what a buyer will need. Without the buyer I might as well be buying tires with no car. Buyers Needs I will have several types of buyers, jut like I will work with several types of sellers. Each of their needs can be vastly different, but they all need a house or home. Homeowners;  These folks will be looking for a property in move in condition. Landlords;  Will be looking for properties th...

“See a Need, Fill a Need”

Okay, so I stole the line from the Robots movie, but its very relevant in real estate.  Heck its the foundation of every business that exists.   How does that relate to me and probate.  Its very simple, I have two sets of customers.   Sellers and buyers.  In order to help the buyers, I must first help the sellers. How to help the sellers? Sellers are folks that have aquired real property through the passing of a loved one or friend.  Often times they do not want the property, some ti...

Probate progress

In the past few weeks, I have gotten quite a bit done. -I figured out mail merge for envelopes and letters saving me countless hours down the road. -Spruced up my letter a bit with the help of my fiance.  She sends out letters quite often and has to polish them up. -Contacted my buyers agent and setup a deal for submitting offers on properties.  I should also be able to tap into his very large buyers list. -Sent out 8 letters so far.  I know its not many, but its a great start. ...

Some ramblings

Rather then write a new post, I thought I would share my ramblings from someone who asked me "Why probate?"I don't want to limit myself to just one resource to buy and sell properties. REO's are a great way to start out and find properties. Unfortunately, everybody and their brother are looking for them. I happened to participate as a voter in the battle of REIblogs contest and ran into a good resource on picking up probate properties. Probate real estate is essentially property that has be...