All Forum Posts by: Daniel Fisher

@K. Marie Poe
I stand corrected. All states may not be equal. However, in PA, any estate that has assets does get listed in probate court.
And I now can see the value of an inheritance list, if your state does not send them all into probate, you have a whole new list that few people even dig into.

The terms are different. I discussed this at length with Lance at USLeadList. They have a list that is compiled of properties that are out of probate and are transferred to the heir/heirs, which is where the term "inheritance list" comes from.

Probate lists that I've pursued have lists of properties that are still owned by the estate, therefore in probate.

As to where to find an inheritance list? Google Lance at USLeadList.

DISCLAIMER: I can NOT vouch to the accuracy of their lists.

If you market to probates and inheritance lists, at some point down the road, you will be marketing the same property.

Daniel

Having worked in construction 18 years, I can say that building a relationship with inspectors has been a huge plus. Be a professional and know what you're doing, but give them the feeling of power by asking them simple little questions, like how they want such and such done. Lol, stroke their ego a bit.

Hmmm? That doesn't look right. Gotta learn the posting ropes!

[/b]Originally posted by Travis Haigler[b]
If he leverages against his primary residence, he gets a lower interest rate, plus he gets the interest deduction.
If I use equity in an investment property (cash out), isn't the interest expense a cost of doing business, therefore deductible as such?

One drawback with multiple LLCs for me is the additional books and added accounting costs. When I buy more properties they will go into my existing entities.
Daniel

I gathered more probate leads and reached out to several local investors to network with.
Daniel

Welcome to BP Chris. As you have already seen, there is a wealth of info here. Enjoy and wish you great success.

In the meantime, I'm already lined up to attend my first REI meeting on Wednesday so I'll see where it leads...
Way to go on this. Networking with local investors that have an intricate knowledge of your area is another key to success.

When you are laying in bed reading posts on your iPhone till 3AM, instead of sleeping!