All Forum Posts by: Joshua Carvalho

So I went to my local courthouse today in Orange County, CA. I searched through tons of their probate files, but I had great difficulty finding the property address and mailing address of the executor of the estate. Let me explain.

So there are tons of types of Probate right? Which types are specifically having to do with a home?

First I looked through Probates that "Determine Succession to Real Property"

In these, I easily found the info I needed, but all the properties were under 150k in value, which in California means they were all small Land properties.

Then I looked at Probates for "Guardianship of Property", but this had to do with an adult overseeing a property where the executor was a child (in one case, they were 1 year-old). So, in this case, the Grandma was put as guardian of the property until the child was of age to take ownership of the property as the executor.

Then I looked at probates for "Steward of the Property" (I think that's what it was called). However, in this case the executor was incapable of acquiring the home, so someone else was assigned as the steward temporarily until that person dies or is able to attain the property. In this case, one executor had a life in prison sentence and in the other the executor was an Alzheimer's patient in a nursing home. Both could not attend to the property so someone else oversaw it temporarily. However, I don't think they have the right to sell it.

Then I looked at Probates that were "Trusts". These all had 20-30 page documents that were extremely difficult to find the info I needed. Also, these included all the personal property, money, etc of the decedent. Sometimes it included property and sometimes it didn't. But sometimes it did not have the mailing address of the executor.

Lastly, nearly all the properties I found had at least 2 executors, many times 4 or 5. In that case, do you just mail one person and hope they all decide to sell? Or do you just not mail those cases?

None of the other Probate titles seemed to be about property. So which one is the right one to look through?

So I went to my local courthouse today in Orange County, CA. I searched through tons of their probate files, but I had great difficulty finding the property address and mailing address of the executor of the estate. Let me explain.

So there are tons of types of Probate right? Which types are specifically having to do with a home?

First I looked through Probates that "Determine Succession to Real Property"

In these, I easily found the info I needed, but all the properties were under 150k in value, which in California means they were all small Land properties.

Then I looked at Probates for "Guardianship of Property", but this had to do with an adult overseeing a property where the executor was a child (in one case, they were 1 year-old). So, in this case, the Grandma was put as guardian of the property until the child was of age to take ownership of the property as the executor.

Then I looked at probates for "Steward of the Property" (I think that's what it was called). However, in this case the executor was incapable of acquiring the home, so someone else was assigned as the steward temporarily until that person dies or is able to attain the property. In this case, one executor had a life in prison sentence and in the other the executor was an Alzheimer's patient in a nursing home. Both could not attend to the property so someone else oversaw it temporarily. However, I don't think they have the right to sell it.

Then I looked at Probates that were "Trusts". These all had 20-30 page documents that were extremely difficult to find the info I needed. Also, these included all the personal property, money, etc of the decedent. Sometimes it included property and sometimes it didn't. But sometimes it did not have the mailing address of the executor.

Lastly, nearly all the properties I found had at least 2 executors, many times 4 or 5. In that case, do you just mail one person and hope they all decide to sell? Or do you just not mail those cases?

None of the other Probate titles seemed to be about property. So which one is the right one to look through?

I'm going to try my best to make it for this one. I was bummed I missed the last one. But I can't commit until we get closer to the date.

I've heard repeatedly that Handwritten bandit signs are more effective than Printed signs. Is this really true? Handwritten signs just seem so tacky and unprofessional to me, but if that's what really works then I'll do it. I'm about to order 100 signs tonight and need help making a final decision. Thanks!

Thank you guys for all of your input. I guess you're right. Also, I hadn't thought of it from the buyers side. If I were a buyer I definitely wouldn't answer a call from an 800 number. Makes sense.

I live in Pasadena, CA. I am near several real estate hotspots that are within a 10 minute driving distance from me that I would love to do wholesale deals in. However, their are 4 different area codes within 10 minutes of my home. All the articles and podcasts I hear tell me that the most effective phone numbers are local phone numbers. However, I think it would be strange to have a sign with a 626 area code in a 310 neighborhood, don't you think? Thus, I am concluding that in the L.A. area it would be more effective to have a 1-800 number because then I could set up bandit signs in several local neighborhoods and not be looked at as a non-local. Am I right or wrong? Should I still go with a 626 number?

@matthewnixon @crystalt 

Awesome! Thanks for introducing yourselves. I'll definitely contact you both this week to see how we could work together more :)

I just joined BP this month and am a new Wholesaler in the area. I would love to network with you if you are in the So Cal region. Let me know where you are located and what your focus is in real estate :)

Welcome to BP Nathan :)

I'm a new wholesaler in Pasadena, CA. Houses here have a median retail value of $600k-$700k. When I hear podcasts, read books, articles, etc. I learn that as a wholesaler I don't need any money to put down in order to get a house under contract. If I do at all, then it could be between $50-$1000 depending on the seller. However, a mentor of mine here locally told me that I need to put down 3% to get a house under contract for a wholesale deal. Here that could be $15k or more depending on the house!!! Yikes! I don't have that kind of cash to put down on several houses each month. So what's the truth? Could anyone tell me? For the Los Angeles market that is?