Saturday, May 06, 2006
Purchase Probate Real Estate Below Market!
People like you are making money in probate every day. There are more properties in probate than in all other real estate opportunities combined, including foreclosures. Here are some tips to assist you when investing in this environment.
1. Learn the basics of real estate investing.
2. Don't underfund your cash reserves.
3. Don't let fear keep you from investing.
4. Work good deals as well as fantastic deals.
5. Keep focus on your goals.
6. Choose right partners that complement your weaknesses.
7. Make offers and keep doing it until you get a deal.
8. Write contracts with the right to cancel without penality.
9. Study how to recognize a good deal.
10. Be prepared, be accessible.
11. Don't try to do it all. Hire out rehab, etc.
12. Understand the probate process.
13. Use sources to find probate assets. (use a certified probate specialist)
14. Structure the deal so you're profiting when entering the deal.
15. Have your funding sources in order.
1. Learn the basics of real estate investing.
2. Don't underfund your cash reserves.
3. Don't let fear keep you from investing.
4. Work good deals as well as fantastic deals.
5. Keep focus on your goals.
6. Choose right partners that complement your weaknesses.
7. Make offers and keep doing it until you get a deal.
8. Write contracts with the right to cancel without penality.
9. Study how to recognize a good deal.
10. Be prepared, be accessible.
11. Don't try to do it all. Hire out rehab, etc.
12. Understand the probate process.
13. Use sources to find probate assets. (use a certified probate specialist)
14. Structure the deal so you're profiting when entering the deal.
15. Have your funding sources in order.
