All Forum Posts by: MICHAEL YBARRA

I use a service, [email protected], which includes family trust listings, which seldom show up in the probate court. I checked their data base, and there are about 600 listings in Stanislaus County. Check it out.

Dave -

I've seen you mention this company on every thread - I guess - I need to check them out

Obituary's are not probate's - court cases are probate's - Yoda

Mark - I agree

when somebody files probate - (hire an attorney or pro per) - this is a public notice

somebody wants money!!! Probate files for the most part - are way more motivated sellers

than obituary leads

0 Votes

Originally posted by @Chris Puglisi:

Good afternoon Bigger Pockets members,

I am interested in finding a job that will help me learn the real estate industry as well as help me save up so I could start real estate investing and build a career. Just to give a little background about me, I have a finance degree but have been working as a manager in the fitness industry. I have been in this industry for a while and I am ready to move on. I am looking to find a full time, or even part time, job in the real estate industry so that I can learn more about how the industry runs. I have been sending a lot of resumes out, mostly to property manager and assistant property manager jobs. I figure that a property manager position will give me the experience I am looking for so that when I start buying my own properties I am more knowledgeable and prepared. The problem I am running into is that most of these positions require 2-5 years of real estate experience. My management in fitness has taught me excellent customer service and sales skills and I think these would be very useful in the real estate industry.

What other types of positions do you think I should apply to in order to learn and grow in the industry?

Thank you in advanced

Chris

Hey Chris

We are seasoned investors in Southern Calif., I recommend keep your full time job, that way money is still coming in.

Now post on craigslist "seeking real estate investor" for mentoring. We are always training people for "FREE". We educate / We mentor / our trainees find the deals - we analyze the deal together. if we decide to fix n flip - we share the net profits - this is a way to get great training!!

plus attend your local real estate clubs and meetups - attend 2 to 3 per week

start building your network with real estate professionals - first lesson

good luck brotha!!

Michael Rae

1 Vote

Originally posted by @Jack Tucker:

Athens Georgia Investor seeks a LOCAL partner that is willing to work as hard as I do.

I'm starting a yellow letters campaign and need boots on the ground in my back yard.

Can you keep up with my hustle?

About me: Growing track record of buy, hold, fix, flip, Sub-2, etc. I have money to fund a sustained campaign. I have a real estate license, but looking for someone willing to take the leads and run with them. I can analyze, close the deals, run the contracts, find the buyers, or buy them myself. I have successfully closed sub-2s, lease option buy, cash at 15% ARV purchase price... yes you read that right, 85% discounted properties in a hot neighborhood. I need a young (or old) buck that is willing to work their butt off alongside me. Message me if you may not have the cash, but an unstoppable motor and ready to kill it in 2015.

Also, if you are looking to flip houses PASSIVELY and want to learn a ton along the way, message me. We have more deals than cash at times.

Jack - I wish you were in Southern Calif., We love hustle

have a bless day

Michael Rae

0 Votes

Originally posted by @Jake Engle:

I have just sent out my first group of probate letters and was hoping some of you seasoned probate marketers could give me your advice. I created a brochure for my LLC to outline all of the benefits that there could be to selling the property within the estate to me. It is a professional looking brochure and I also include a personalized letter specific to each estate. On top of including both of them in the mailer, I have also been including my business card as a licensed real estate agent. I was hoping the inclusion of all of these will show estate representatives that I can offer numerous services if reaching out.

I am about to send out another group of letters to different probate leads, but was wondering if any of you have suggestions whether my thought process makes sense. The more I thought about it, I wondered if this comes off as too non-personal and seeming like something that is just mass produced to send to everybody. Do you believe I should just be including the personalized letter by itself? Thank you for any input you could provide.

Hey Jake,

Congrats you took the first step...

We typically follow this format:

Month 1: letter #1 in a #10 white envelope / with biz card / using a first class stamp

Month 2: letter #2 in a #10 yellow envelope / with biz card / using a first class stamp

Month 3: 4" x 6" postcard ( reason why? if they never opened up the first 2 letters - they will at least see my postcard for 3 seconds before they toss it!!)

Month 4: letter #3 in a #10 pink envelope / with biz card / using a first class stamp

Month 5: repeat cycle

we typically mail out - a couple thousand per month

does the color envelopes work ? i think so, but most importantly the kids have fun stuffing the colored envelopes. Gotta love the cheap labor....

like Sharon has said - so many times - the money is in the follow up!!!

we get probates deals now - that were filed 15 months ago

this business is all about patience and consistency

have a bless day

Michael Rae

5 Votes

Originally posted by @Sharon Vornholt:

You will find your most motivated sellers when it is a property that needs a lot of updating or repairs, or the heirs just want quick cash.

The folks that inherit really nice houses will list them on the MLS. These are 2 very different groups of sellers. You are looking for executors that have houses that need work. They are your low hanging fruit.

Sharon

I totally agree with Sharon - but the majority of houses we walk thru (probate leads)

have deferred maintenance, and need upgrades,, makes it sweet for fix n flips.

But - i love nice houses as well - I then turn over the lead to my wife - she is a Realtor,

she will charm them to get the listing. The lesson - build a team, listings are great as well

for us in SoCal.

Michael Rae

2 Votes

Rick - great post brotha!!!

0 Votes

Quick advise - quit thinking like a "flipper"

start thinking like a marketing guru!!! increase your marketing streams

listing agents and attorneys build our marketing funnels

we get 2 to 3 deals per month from our listing agents and attorney data bases

learn to share the wealth - and this business gets easier

focus on hitting singles and the home runs will come

2 Votes

Originally posted by @Dave Metsker:

@Joe Morgan

Dave -

I've seen you mention this company on every thread - I guess - I need to check them out

0 Votes

All Forum Posts by: MICHAEL YBARRA

MICHAEL YBARRA has started 0 posts and replied 78 times.

Post: Probate Records in Stanislaus County CA

Post: Entry level real estate job

Post: Hot Georgia - Starting Yellow Letters Campaign- seeking partner with HUSTLE to bring in my marketing funnel

Post: Probate marketing- what to include with letter

Post: Probate question

Post: Probate list

Post: Probate question

Post: Probate Records in Stanislaus County CA