Thanks to Tom over at www.Tomtarrant.com I took action on the probate property I passed. The seller is very motivated and willing to short the property (Notice of Election and Demand went across last week) or take it subject 2. Since I am new to this, I emailed a seasoned pro for help. I’ll talk to him tomorrow. I am a motivated investor, so hopefully this deal can help all three of us. Very exciting.
Tom, just wanted to thank you again for kicking me in the arse. If anyone hasn’t checked it out, go over to his blog. His flips and advice are excellent. The best of the best have his blog in their blogroll. I know because I have seen his site on theirs.
Its amazing what a week will do to a mindset. Now I am not entirely positive quitting probate is my best course. This seller is someone I can actually help. He needs to get rid of this property. I’m not just some blood sucking, ambulance chasing, graveyard robbing, parasite. How cool is that. In case you can’t tell I’m a bit excited atm. The big question, can I stomach the hate calls in order to make this work? I’ll let you know after I help my first seller.
I got so excited, I forgot to mention I have a call with another very seasoned pro tomorrow. Okay, so its not as gung ho as it might sound. I’m looking at using his coaching services. Tomorrow is the interview. 1 hour long. Should be an interesting call. I laugh because I sent an email to the seasoned pro that said I work from 7-4pm and that I could take calls. I just hope he doesn’t call later, the interview is at 4:30. 1 week of nothing, now I put myself into a pickle. Fingers crossed the times do not.
I have another coaching service I am looking into. I will have to evaluate both. They are the same cost, but slightly different in their approaches. I think either one will be worth it, but I just need to decide which one will be best for me. Like Tony Robbins said, even Tiger Woods has a coach. I’m no Tiger Woods of Real Estate…Yet!
I’l try to update this week on everything happening.
You got me excited with that post! I want to hear how the deal turns out Jason.
Awesome, Jason! I’m glad that you’re feeling better things now. It’s important to feel good about it because your feelings about it come through to others. Nice work! Keep pluggin’!
Thanks for the shout out Bilge!
A friend of mine bought Ely’s probate course and is killing it right now with a little help from yours truly. First deal was a little old lady with a condo, put it under contract at 60% arv, sold it in 2 weeks with bandit signs for a 10k profit. Most recent deal was bought sub2 from executer of estate, it was 6k behind in payments after the death. Assumed it for the 6k by having them sign over a deed, a quick 2 week rehab (paint) and its now under contract for sale with a 28k profit. Not bad for 2 weeks painting: ) Dude, dont give up on probate, those letters make your phone ring. Let us know how that deal turn out, the key is finding the ones with equity and getting them under contract for about 50-60% arv. Good luck!