All Forum Posts by: Bill Larsen

Hey Karen!

I would be interested. I am currently flipping and could fit into the 'people who have money to invest' category. My office is in Costa Mesa

@Adrian Tilley thanks, would you happen to have a link to the other thread?

I am getting started marketing to probates and quite often come across a situation where the decedent is the owner of the property, but the executor is their spouse and also living in the property.

Is it worth marketing to these leads? Has anyone found motivation in this situation?

Thanks

@James Peoples hey just curious... did you end up calling? how did it go? I am just getting into the probate game and like hearing other people's experiences. Some docs have e-mails of the executor and I sent a handful of messages out Friday and got back a couple pretty angry messages

@J. Lancaster I have been having the same problem deciding! Are you going to do the yellow letter route either way? I was leaning towards a more professional typed letter on letterhead with a hand written envelope

I agree with Jimmy Hong works great

Hi Carla,

I'm a fellow so cal investor mainly doing fix and flips.

-William

Hi Dylan,

Here in California, the amount owed on the loan is on the notice of trustee sale as 'total debt' or something like that. It includes late fees/penalties. Title will be able to tell you original amounts of any other loans on the property, and we find tax info online on the county tax assesors website

Hey Joe,

Congrats on your purchase! We usually go ahead and serve the 3/90 day notice to quit on the door, along with a letter similar to the one you mentioned, on the day we purchase the property. We also put on there a cash for keys option and that usually sparks a call. We only flip, so we try to work something out with the occupants so they move in a timely manner.

If they don't want to talk/negotiate with us, we just start the eviction after 3 days. There are some risks starting the eviction before you have recorded your trustee's deed, but we have never had an issue with it. I believe you have 10 days to record after you start the eviction, but you definitely need to speak with an eviction attorney about all that.

It's also important to make sure the occupants are not bona fide tenants. If they are, you will need to wait until the 90 day notice expired before you can start an eviction (assuming they continue to pay you rent)

Hope this helps...

Brandon Turner thanks, just updated my alerts. That's a pretty cool feature