Probate Lists in California

[Michael Swanson Jr.]

Hello BP,

I am a new wholesaler in the Bay Area and I've been trying to figure out the best way to market myself and my business. Lately I've been doing direct mail and I have had some moderate success. I'm trying out new lists every chance I get and one list that I've heard is really good but I cant seem to find in California is the County Probate Lists. Can someone please help me in figuring out how I can get my hands on it!

[Wes Blackwell]

Hi @Michael Swanson Jr.! Great question!

I would reach out to Rick H. on here or at his site at http://ricktheprobateguy.com/. Although, I know he does not recommend probate deals for beginners, and instead suggests learning the in's and out of a standard deal with sellers who have a clear motivation. Once you learn the "wax on, wax off" technique, then you can expand to flying ninja kicks... if that makes any sense ;-)

I would highly suggest starting with preforeclosures, as there are literally HUNDREDS of them within a 100 mile radius from you. These sellers are already 3 months behind on their mortgage, and only have roughly another 3 months before they lose the property for good. Preforeclosure usually happens due to death, illness, job loss or divorce, so typically it's crippled their ability to bring the loan current. This is how I did most of my business as a flipper, and also how I've gotten plenty of listings as an agent. It's extremely straightforward like a typical sale and doesn't add in the extra layer of complication like you'll get with probate. Just my 2 cents.

But try reaching out to Rick for sure, perhaps he can steer you in the right direction. Best of luck!