All Forum Posts by: Lokesh W.

@Raymond B.:

Thanks for the link. I already read that dicussion last night. It is from year 2010. I was hoping to find newer reviews.

Anyways, I searched google and found some positive reviews from later part of last year. I am inclined to buy this sometime soon. It is only $69. Thank goodness it is not one of those courses that cost $997 with fast action bonuses of $10356.17, fr.e.e 1 hour strategy session (worth $500) and 2 f.r.e.e ticket to 3-day boot camp!!!

I agree with you 100% that BP has a lot of info... I have been helped with a lot tips and articles at BP and I am very thankful for that.

If this course has all the info organized as step by step, then it may be worth the $69 (including email support); this could cut down some research time for me. I work fulltime as a computer consultant so such readymade systems are timesavers if they have good info that is well organized... I would like to hear anyone who has used this course.

Hi,

Has anyone used Adam King's Coop Lease Purchase Course. Is this helpful? This seems to be the least expensive cooperative lease option course. Is this course updated regularly or is it an old course? His website does not look updated to me but I hope his course is...

Feedback please...

Thanks!

Great! I read some of Sharon Vornholt's articles on probate. They are helpful.

I meant someone being so upset that they would sue for emotional distress or something like that. In the course material from Preston, he says if an upset owner calls me, then just apologize without trying to rationalizing my action - I think this is a good tip.

I agree. I have known a couple of people who downsized (even rented instead of owning) after loss of a partner.

I still want to know:

How old should these OPEN probate cases should be? 0- 3 months old? 3 - 6 months old? older than 6 months

Is it good idea to go after fresh probate cases?

How old should these probate cases should be? 0- 3 months old? 3 - 6 months old? Is it good idea to go after fresh probate cases?

Kelly and Steve,

Thanks for the encouraging words.

It is OK with me if there are some errors i.e. if there is no property in probate but I do not want the recipient of my letter be upset with me. During my research of such properties, I have seen some real estate being jointly owned by husband and wife...

I am planning to start Probate real estate investing. I have Preston Ely's Probate course. I am trying to save time in researching probate properties so I am wondering if this method of targeting sellers will work.

For list of properties, I am planning to do research on the internet. The circuit court website lists of probate cases, family rep, attorney but “does not” list the real estate properties. I have to look at actual probate case files in the courthouse for a list of probate properties.

In some counties, there are register of deeds or tax websites where I can lookup real estate owned by anyone by searching for their name. I can lookup on these websites to see if the decedent owned real estate or not. If I send out letters to family reps and attorneys of decedents who owned real estate, will this work? Is this a good idea?

Also, other than wholesaling and fix n flip, has anyone tried lease options, subject-to offers on probate properties???

Any suggestions are greatly appreciated!

Thanks. I have downloaded Chris' file for assignment of contract.

@Jerry, There is some error while downloading your file on BP.

I was wondering if anyone can provide me with the lease with the option to purchase paperwork. I am trying to wholesale lease option so I guess I would require a lease option with the right to assign - Is this same thing with an "and/or assigns" clause after my name? For assignment, I could use with Chris' or Jerry's file.

Anyways, if the owner agrees to lease option wholesale, then I will have the attorney review this paperwork; I just need something to get started instead of doing the paperwork from scratch. If there is some type of Letter of Intent for options, that will be great because I don't want to spend money on attorney fees until I have some commitment from the owner. In the past, I have had couple of owners back out on lease options after verbal agreement.

Also, I came across the website - wholesaledealmatcher dot com that has free real estate paperwork available. Does anyone use this website here?

Any suggestions are greatly appreciated.

Thanks!

Thanks for the link Steve. Looks like there is some good info...

I have been to sheriff sales in Madison, WI. I go there to network with buyers because I used to do short and also have wholesale properties. THere are have been many auctions, where nobody bids on the properties; pretty much the bank takes back the property. I can see why they have the auction in a small conference room with table and 8 - 10 chairs. The total attendees are about 20 people. I am not sure why these people are there if they are not bidding or networking. My guess is that they are watching a property they are interested in. Sometimes there are biddings on properties with bid start of less than $75K.

I have heard success stories from bidders in California sheriff sales. It looks like the in bigger counties, investors are more successful. IMHO, REO properties are better than sheriff sales - No bidding wars, you get to see the properties for repairs, clear title, no upfront cash needed etc.