All Forum Posts by: Adrian Tilley

I'm looking for a partner for flips in the Denver/Boulder/Aurora/Golden Metro area.  I have a system set up to find and organize probate leads.  I have a full time job, so I don't have time to actually monitor the flipping/construction part of the process.  I do have a real estate license, so I can facilitate the purchase and sale of properties.

What I envision is doing the work to obtain the leads, send out the mail, take the phone calls and put properties under contract.  What I am looking for is someone to help fund the direct mail costs and oversee the flip/renovation work.  To do the marketing right, I need to be sending out letters each month to each lead, of which I now have hundreds (I've been collecting the leads for some months).

If this pans out, I'd love to expand the direct mail to other niches that can bring in more leads!

If it sounds like something you might be interested in, shoot me a message and let's set up a coffee meeting!

I've been summoned.  @Andrew Kemlerlet me know if you still need help.

 No, I've never represented an AP client as that's not my field of practice.  I'm also not a licensed CA attorney, which is why I advised OP to talk with one.  I'm not in Boulder county, but close.  I just can't imagine how it would be ok to change the tax address on someone else's property.  What happens when they no longer get the notice and a tax lien is put on the property?  Whenever there's a question like that, IME it means that the underlying assumption is incorrect or illegal.  I would bet there's a law against you just changing the tax address on my property without notice or permission.

Regarding the trespass required by AP, you are right to a certain extent, but the only cases I've ever heard of were vacant land.  Frankly, I have no experience with AP, but the OP's course of action raised a bunch of red flags, especially as he didn't seem to know what he was doing, so I thought he ought to speak with someone who knows the laws.

Very interesting discussion.

 This is law school 101.  The answer to the question you didn't ask is that "there are always heirs".

I don't know how you can just change the tax address to your name, but I would be very careful.  At the least, I think you're risking trespass, maybe B&E, fraud, and maybe other offenses.  Talk to a California attorney.

@Anais GarciaWelcome!  Lots of helpful folks here on the forums, feel free to reach out to any of up if you have questions.

adrian

@Tyler GieringNot to rain on your parade, but you will have a very, very hard time finding something that meets those criteria right now. It will be almost impossible on the MLS. You'll need to look at very distressed homes to make that happen. If you can do it, I applaud you. Best of luck.

 I absolutely agree Will.  I think newbies should get competent advice.  If you are thinking about doing hard money lending, I would recommend getting a competent attorney to draw up the paperwork.  I'm representing several people right now who tried to DIY their business contracts, and because they didn't know what they were doing they are out tens of thousands.  I was simply responding to your original post which stated that you must have an agent to lend (which you stated in your last post isn't apparently always true).  I wasn't even commenting on California, which I know nothing about, but stating that here in CO you don't need an agent to lend.

@Jeremy Fontenot Hey Jeremy, I'm interested in investing down there.  I'll be there over the holidays and would love to buy you a cup of coffee.  I'll PM you.

 I'm sure there are lending laws in every state, but I believe here in Colorado at least you do not need a broker to lend.  At most you need an attorney to make sure the paperwork is done right.

 I believe that this is specific to California.  Some other states may be the same, but not all.