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Updated almost 8 years ago on . Most recent reply

User Stats

42
Posts
25
Votes
Claudette Attride
  • Margate, FL
25
Votes |
42
Posts

Alternative to MLS search for deals

Claudette Attride
  • Margate, FL
Posted

So many times I see investors asking where to find deals, that its becoming harder to find deals on the MLS, why not look into probates to find properties that may have to be sold to allow distribution to heirs. Most Personal Representatives (that’s the person in charge of distributing the properties of the deceased person) in charge of the estate are looking to sell and may need your help at a time when they may be overwhelmed in dealing with managing this new house. You can be that solution, so make your offer. South Florida has a high percentage of senior living with relatives out of state, and with senior living the property is usually very well maintained. So, especially new investors, GO FOR IT! 

Most Popular Reply

User Stats

116
Posts
20
Votes
Neil Da Silva
  • Investor
  • Toronto, Ontario
20
Votes |
116
Posts
Neil Da Silva
  • Investor
  • Toronto, Ontario
Replied

@Claudette Attride

I love this approach, I personally have not acquired any probate properties however I recently went through probate when my father passed away and I can see how surviving family members (i.e. the P.R. which was me) could benefit from investors!

Claudette, any tips on going about find probate deals? I invest in Orlando and Kissimmee

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