Buying portfolio that's in estate process

[John Robert Kinsella]

All,

I'm abot confused and reaching out for advice.

I found a portfolio that the owner had passed years ago. The properties have been in his name for nearly 4 years.

I reached out to his children 6 mknths aho, who said it was going through estate. I followed up 3 weeks ago and they seemed friendly and said the estate is nearly done. The thing I'm confused about is the name on the properties has switched to the children now.

I'm curious on what I can do before the estate is done. Maybe I should wait until they get it completely finilized? 

Has anyone worked a deal out while estate is being complete? I don't understand how the estate wouldn't be finalized if it's been transferred into their name??

I'm confused. 

[Steven Foster Wilson]

Quote from @John Robert Kinsella:

All,

I'm abot confused and reaching out for advice.

I found a portfolio that the owner had passed years ago. The properties have been in his name for nearly 4 years.

I reached out to his children 6 mknths aho, who said it was going through estate. I followed up 3 weeks ago and they seemed friendly and said the estate is nearly done. The thing I'm confused about is the name on the properties has switched to the children now.

I'm curious on what I can do before the estate is done. Maybe I should wait until they get it completely finilized? 

Has anyone worked a deal out while estate is being complete? I don't understand how the estate wouldn't be finalized if it's been transferred into their name??

I'm confused. 

 Hi John, 

Estates can take a long time to complete. He probably inherited it to his children and then they will decide to sell their portion or keep it. I would keep calling them, building that relationship, and seeing if they are interested in doing a deal.