Tag - Probate Leads

Ways to Find Investment Properties

If you really want a great property in which to invest you have to know how to increase your odds of finding fantastic deals. And while you can find a worth property in which to invest by looking through the MLS listings – your best odds are to use several resources to help you scout the best potential investment. Here are nine resources savvy real estate investors use:

Networking: By growing and cultivating your network of professionals you can let people know you are looking. Doing this will sometimes create certain opportunities. For example, some owners out there who want to sell, but haven’t yet listed their property may actually contact you.

Drive around looking for “For Sale by Owner” signs: This is the hard way to do things since competition using this method will be quite stiff.

Find abandoned properties: Owners who don’t want to incur the expense of caring for a certain property are often willing to part with the property for a song.

Use the internet: Use a search engine and enter the type of real estate you are looking for. This can lead you to some interesting opportunities but it can be quite time consuming.

Talk to bankers: You should already have bankers in your network of contacts that can help you. They may be able to help you learn about a foreclosed investment property.

Offer your contacts a finder’s fee: Let your contacts know what is in it for them to help you achieve your goals.

Eviction notices: You can often get a lead on investment properties by scanning your local newspaper’s eviction notices. Or you can get the information at the courthouse. After all, a landlord who just went through the process of evicting tenants can be a very amenable seller.

Old FSBO ads: Look for two-month-old “For sale By Owner” ads. If these have not sold they may be ripe for an investment. This is because owners often give up the effort but not completely.

Purchase Probate Leads: Our Probate leads are well gathered directly from the courthouse and ran through a proprietary data-validation system. Additionally, we offer our professionals the knowledge base to use these leads effectively.

Of course, it isn’t just about finding a potential investment property. You have to have the knowledge too. Our Probate Mastery Course can be one means by which you can find and utilize the probate property leads that we can give you. These leads are vetted and much more reliable than the above methods. Our real estate seller leads can make your business prosper in a way that it never has before.

Real Estate Investment Options

There are all kinds of opportunities available for those who are considering real estate investing as a way of growing their income now and in the future. Simultaneously, real estate can be a risky venture for professionals. In the world of real estate investing there are these different manners of investing all of which bear different risks. Here are a few of those opportunities:

Commercial real estate: This can be a good place to begin since it is relatively secure in comparison to other forms of real estate investing. This is because most businesses that lease with you will want a long term lease and do not intend to relocate in the foreseeable future. The main drawback to it is that it often requires a massive investment to begin with. Thus, many real estate investors do not even consider this investment option until they have built a sizable portfolio.

House flipping: This popular form of real estate investing can be a great way to make money very quickly. The main drawback is that this high-risk venture takes equal parts skill and luck.

Residential rental properties: Becoming a landlord can be a great way to work one’s self into a rather comfortable retirement. The drawback is that it may take a while to set up this investment type. However, this long-term type of real estate investment can be rewarding when all is said and done.

Pre-construction real estate: Pre-construction profits are riskier than other kinds of real estate investments mainly because it has become so popular in recent years. The trick with this kind of investment is finding the right property in the right market.

In short, real estate investing is a great way to build great fortunes. However, you must decide where you want to begin your journey into this lucrative field. Remember that once you’ve begun your real estate investment career it is a good idea to utilize more than one type of investment for the sake of diversity. Our Probate Mastery course is designed to help you gain the knowledge you need to increase your value to customers and to help you make better decisions when it comes to exploiting probate listing leads. Our probate lead list is thoroughly scrutinized so that all you need to do is follow up on it. We’ve made it that simple.

5 Ways to Preempt the Competition

Unless your business is a monopoly – and it most likely isn’t – then you have competition out there ready to swipe away your customers. Indeed, you should simply take for granted that someone else out there is seeking the same leads, speaking with the same potential clients etc. Therefore, the best thing you can do for your business – apart from purchasing our real estate leads list – it to learn how to put some distance between you and your competitor in the race for customers. Read on to learn more about ways you can pre-empt the competition and stay head of the crowd.

Learn about your competitors: The more you know about who your competitors are and how they operate the better off you will be. This is useful for either replicating their success of for avoiding their errors. Either way, take some time to find out who these competitors are. You may consider calling or emailing them – anonymously – and finding out their fees, etc.

Prove your greater value: If a client knows that you have more to offer in what you will able to do for them, then they will likely choose you over your competitors. One way to present greater value to your customers is to learn as much as you can about the probate field. Here we can help you with our Probate Mastery course and our archived teleconferences.

Keep it simple: Just because you may have greater knowledge about the probate field than your client does, does not mean that you should overwhelm them clients with it. Keep your presentation simple and based on what you can do for the client. Speak to him/her about next steps and always be going for the close.

Deliver a standout customer experience: All customers like to feel that they are valued. This is true of any field. As it so happens, real estate is high contact, people-based business. You must be personable and relatable and always be willing to listen to what your customers have to say. Many people stop doing business with companies everyday based solely on horrible customer service experiences.

Be unique: Try to provide your customers with an experience that is unique. Otherwise, he/she will not be able to distinguish you from your competitors.

Of course, we can give you more information about the probate process on our site. We can also give you access to leads so that you can accelerate your business to the next level. Don’t be afraid to ask for help if you find any of this to be overwhelming or confusing. We can clear things up for you and put your company in the black.

4 Benefits of Investing In Probate Properties

Probate leads represent the very best and most lucrative residential real estate-related lead source available today. This is why real estate professionals clamor to secure well-vetted, probate leads. Below you’ll learn exactly why such leads are so popular and potentially profitable for investors who can leverage their knowledge of the probate process with their customer service skills.

Owners are often motivated to sell: Often times owners of probate properties do not wish to be responsible for taking care of the property they have been left with. This can lead to them selling the property at a lower price than they might do so under ordinary circumstances. Additionally, people who are left with probate properties know that they will eventually be saddled with the taxes on the property. These things can put you in an excellent position as an agent and investor.

Probate owners are often in a weaker bargaining position: In some cases probate properties need lots of work to be done on them. This is because older people sometimes defer repairs on their homes as they age. Ultimately, this means that the buyer is in a position to purchase the property at a better price.

They are excellent for “flipping.” If the repair costs are not too great, then probate properties can often be fixed and sold for a profit. A word of warning here: Sometimes a probate property can require such excessive improvements that it is not worth the investment in time and money to repair. Thus, the savvy investor should be very careful when assessing the condition of the property in question.

Both the state and creditors are usually interested in liquidating real estate assets as quickly as possible: This can provide you with a bonanza as a real estate investor.investment

How to Find Probate Leads

Many professionals start with the obituaries. The problem with using this as a source is that any real estate professional worth his or her salt knows this is where many people start. Thus, it is very hard to find fresh leads that many others have not already gone over. You can also use legal notices as a source to find probate leads. The problem with this method is that you may have to do some cold calling and quite a bit of work to make your efforts pay off. Ultimately, the best way to find qualified probate leads is through a trusted website. All the Leads, vets its probate real estate leads and gives you the knowledge you need to make the most of them.

How to Create Multiple Streams of Income When Investing in Real Estate

It doesn’t matter what kind of investing you are into, it is always a good idea to create multiple streams of income in order to maximize your profits while at the same time lessening your risks. With real estate there are different types of investing that can help you spread your risks when market conditions are less than ideal. This creates a safety net for you as a real estate professional and investor.

There are two strategies you can use to build your financial portfolio when it comes to creating multiple income streams. The first involves spreading your real estate wealth and investments across several different types of real estate investments. One type is rental property. Here, you can chose to rent to families, students, singles, etc. The second option for bringing in multiple income streams is to flip houses. The important thing is to always keep your eyes open for the next real estate investment. This will help guarantee that your business will profit and it will give you a little added security

Of course, for true diversification you may even wish to delve into a few investments that aren’t related to real estate. While we firmly believe that real estate investing is the way to go for most people, there is much money that can be made in other fields. Franchise businesses, for example, are often great money makers for those who need more immediate results from their investments efforts. So, too are stocks and bonds which also make great long term investments. saving money

The truth is that there are many things you can do to create streams of income and to add to your real estate investments. The important thing to remember is that creating true passive income requires an initial investment of time, effort and money. It also takes quite a bit of knowledge such as the knowledge we can provide you with from our Probate Mastery course and our archival conference calls where experts field questions related to probate issues.

Our probate mastery course covers topics such as how to create value as an expert, how to develop your probate strategy, how to develop your referral network and how to master the probate sales and service process. Of course, all this instruction is only as good as the real estate seller leads you have at your disposal. Our site provides you with vetted real estate leads that can make your business more profitable so that you are able to generate multiple income streams and even create passive income.

5 Common Mistakes an Executor or Administrator can make During Probate

It’s no surprise that people who have recently suffered the loss of a loved one can feel a bit overwhelmed by the events that take are going on around them. And generally, when one is overwhelmed one tends to make mistakes. Thus, it is quite common for executors to make mistakes during the probate process that can affect him/her and you as a probate real estate investor. What follows below is a list of common mistakes that executors make that can be costly if not avoided.

  • Distributing assets too soon: One of an executor’s main jobs is to approve creditor claims and pay creditors as well as to distribute assets to the beneficiaries. However, estates do not always have enough assets to do this is an efficient manner. When this is so, creditor’s claims need to be prioritized so that the requirements of the law are still met.
  • Not taking to time to learn about the probate process: This is where you can add value to your clients. While you cannot litigate for him/her, your knowledge of the probate process will help you and your potential client to arrive at a mutually beneficial outcome.
  • Waiting too long to begin the probate process: By waiting too long to seek out an attorney and respond to the probate process, creditors and heirs may become impatient. Moreover, taxes will begin to build up the longer an executor waits. This can be quite a touchy subject for your client since they will understandably need time to grieve. executor
  • Falling to prepare an accurate inventory of assets: Preparing an accurate inventory of the deceased person’s assets including real estate, jewelry collections, etc., is a necessary part of an executor’s job. Failing to do so could prolong the probate process and lead to legal complications down the road.
  • Marketing real estate too late: Some executors wait too long to market the real estate that is under their charge. Ideally, administrators or executors should try to solicit offers for real estate as quickly as they are legally able to. This is where your expertise can come in handy and where your opportunities arise. Just be sure to approach your potential clients tactfully.

For your potential clients the probate property process is bound to be confusing and bit scary. For you it should be as familiar as the back of your hand as it can be when you take our probate property courses. That and our listing leads will put you well on the way to growing your business.

Thumbnail for Richard Eaton's All The Leads Probate Leads Review Video

Probate Real Estate Leads and How to SUCCEED – Richard Eaton’s $22k ROI in Under 2 Hours

Probate Leads: How to Find Long-Term Success and Big ROI.

Richard got three “Come List Me” Calls from Probate Leads in one day. How? Two were brand new leads that called him back after receiving his first letter in the mail, and one was from an 8-month old lead he made a follow-up call to.  He is looking at about $22k ROI from these three calls he got within an hour and 45 minutes.

Richard shares several pieces of advice for getting the most out of probate leads.

He describes how he manages follow-ups to people who tell him they aren’t interested, and how following up to these same people really pays off.

The Competitive Edge of the All The Lead’s Approach

Richard also builds on a question Renee Kische introduced earlier in Mastermind Call #251  about how to compete with iBuyers.  In Richard’s market in Birmingham, Alabama, iBuyers are already losing their wind as people realize the perceived savings of working with an iBuyer really don’t match the final net of the sale.  Richard describes his success competing with iBuyers simply by doing what he was already doing – Offering options and providing real value to his clients as All The Leads teaches.

Richard has been working with Probate Leads for about 8 months and his response and position as the probate expert in his market is growing.  Chad and Richard discuss how to channel this momentum into building attorney referral relationships so Richard can continue multiplying his success.

Congratulations on your success, Richard! Hear Richard’s story by watching below:

 

More Things To Do With All The Leads:

Join the All The Leads Mastermind Group on Facebook.

Hear last week’s Success Story – How David Milonas turned 5k into 75k

More on Competing with iBuyers by removing your agent/investor/wholesaler hat and offering real options

Check for probate leads in your county

 

 

Most LUCRATIVE Real Estate Niches: PROBATE Wholesaling, Investing, and Listings – David Pannell’s Story | All The Leads Reviews

Preview for Denis Milonas' success story of 1500% ROI with Probate Real Estate Leads

Denis Milonas’ Probate Real Estate ROI – All The Leads Success Stories

The Opportunity in Probate Real Estate

You ever sit back to look at your business model, and realize you’ve been focusing on the wrong things?

When Denis was looking over his GCI across all of the areas he works in real estate, he realized Probates accounted for 40% of his total GCI.  He was shocked because this was the area he was focusing on the least.

With the bare-minimum effort, Denis has earned about $75,000 in commissions from 10 probate listings.  He has $13,000 pending from a “Come List Me!” call from an old letter he sent out.

Denis is now committed to pursue the opportunities in probate with real focus and consistency.   In the video clip below, he shares his thoughts on the ease of winning probate listings in person, insights on the long-term ROI of probate leads, and the intrinsic value that comes with helping so many families through the probate process. His story is a testament to the opportunity in Probate.  We hope Denis’ “Why” provides value and inspiration

 

Thanks for sharing, and cheers to your continued success, Denis!
In the original audio from Mastermind Call #250, Chad, Jim, Tim, and Denis discuss strategies for marketing to old leads in a way that is cost-effective.  We clipped that out of this piece to save time, but if you missed Mastermind Call #250 you can jump right to that discussion here.

New To All The Leads? You’ve found the right place for everything Probate Real Estate!

  1. Join the All the Leads Mastermind Group on Facebook
  2. Hop over to the All The Leads YouTube Channel For Over 600 Hours of Free Probate Training Content
  3. Take a 3-day Probate Mastery course and become a Certified Probate Expert.
  4. Check Your County for Probate Leads.
  5. Any questions? Write to us at support@alltheleads.com or give us a call 954-400-3500
Preview for Scott Nance's success story of a probate property he sold for $240k when the seller was about to take a $70k cash offer.

Scott Nance’s BIG WIN – From $70k to $240k in Just 22 Hours! Probate Real Estate Success Stories With All The Leads

In this highlight from Mastermind Call #248, Scott Nance shares his Probate Real Estate Success Story!  Scotts clients are an elderly couple, and they were about to accept a 70k cash offer.  He knew the house had more equity and that the area was up-and-coming because of nearby colleges and new construction.  Scott helped the couple list the property and within 22 hours, it was under contract for $240k!  What a great win for both Scott and his clients!  Hear his story in the video below:

Become A Certified Probate Expert

Here at All The Leads, we encourage everyone to put titles aside and offer value first.  Instead of being JUST a real estate agent, investor, wholesaler, or fix-and-flipper, we teach you how to offer multiple options so you can turn leads into clients, and clients into lifelong referrals.   We teach you how to do this creatively by building a team of vendors in your market, this way you can maximize your brand value and minimize the time and capital. Make sure you subscribe to our channel and join the All The Leads Mastermind group on Facebook!



Join us each and every Thursday for our weekly Probate Mastermind Q&A Calls!  Share your wins, get motivated, and learn from the best probate real estate agents, investors, and wholesalers in the country.

 

 

New to All The Leads?

  1. Join the All the Leads Mastermind Group on Facebook
  2. Hop over to the All The Leads YouTube Channel For Over 600 Hours of Free Probate Training Content
  3. Take a 3-day Probate Mastery course and become a Certified Probate Expert.
  4. Check Your County for Probate Leads

 

5 Tips for Managing Leads and Growing Your Sales in the New Year

A New Year is nearly upon us. This means that if your business was booming last year then you will naturally wish to do everything you can to maintain your pace and improve if possible. On the other hand, if you had a less than record breaking year then it means you have a chance to start all over again. But how do you do this? First, you do so with the knowledge that you will gain from our online instruction. Second, you can do so with our vetted property lead list. Finally, you can grow your business by properly managing those leads. Hopefully, these 5 lead management tips will help you make 2020 your best business year ever.

  • Follow up! Even when you do have list of vetted probate property leads, you will have to keep yourself uppermost in the minds of the people who can use your services. This means contacting and keeping in touch with your leads. It also means sending out automated messages to remind people that you are there for them should they have further questions or need more guidance.
  • Use client relationship management (CRM) software: Client relationship software can help you by streamlining your sales process and by improving your customer interactions. This technology can also help you stay connected with customers and increase your profitability.
  • Contact your leads right away: Contact all your leads within 48 hours of acquiring them if possible. Studies have shown that contacting leads quickly can produce higher closing rates than if a business person waits too long to do so.
  • Learn as much you can about your leads: Start by learning as much as you can about your leads, who they are and what value you can bring them. By nurturing a relationship with them, it will be much easier to convince customers that you can help them in achieving their goals.sales
  • Track your results: Find the best way you can to track the success of your contacts. There are a number of free and paid ways for you to track all kinds of sales related metrics online.

Start the New Year off with this resolution – 2020 will be a better year than 2019 for your business. Then follow this up by purchasing our probate lead list and taking our courses on how to use these leads effectively.