Probates

[Gary Threadgill]

I have just sent out my first set of mailers to probates and i have noticed when i cross reference the property on google i have found about 50% of them on zillow.com listed as being up for sale is this a good or bad thing? Should i not mail to the ones that are already for sale?

[Abhi Golhar]

I agree with @Nathan Paisley , that list is too old if leads are already on zillow.

I've worked with probate leads and my methodology is as follows:

1. Go through probate court records (I don't buy from a list as sometimes these are oversold to other investors)

2. Mail out to records based on set rules (location, date descended, etc)

3. Pick & choose from those who call me.

Probate leads work - just keep on it and track everything.

--

Current deal that called from a letter I sent 4 months ago:

Purchase Price: $120,000

Estimated Repairs: $40,000

ARV: $275,000

DOM: < 30

Fantastic opportunity.