Discover a Hidden Market of Unlisted Probate Properties 60% Below Market Value by Finding Property Before it’s For Sale
Finding An Under Served Market. That has always been a way to profits: finding an under-served market and deliver your product or service. As real estate investors, we can be the good guy in what is typically a sad and mournful situation.
Probate is the governing process for the distribution of a person’s assets after they pass away.
The probate market is continually under-served and full of personal property that needs to be sold — from real estate to valuable belongings like cars, boats, planes, and jewelry. But many investors stay away from probates because of their lack of education.
EVERY INVESTOR IS LOOKING AT THE SAME MLS LISTINGS
Every other form of buying and investing in real estate, tax sales, foreclosures, sheriff sales, FSBO’s, multiple listing services… and everybody who can read as access to them. So by the time you get the information everybody knows about. That usually results in a highest and best offer scenario. And worst case the typically uninformed general public is there bidding up the price against investors in the pursuit of a personal primary residence.
There is no greater motivated seller than someone inheriting a probate property. 2023 is predicted to be the beginning of a huge wave of probate as the Boomer generation passes away.
PROPERTY PRICES PUSH DOWN PROFITS
According to the National Association of Realtors, last year investors were buying property 20% below market value. But what is and reported as the cost of doing business is 15%.
A good rule of thumb for building and staying in business is that you double your cost of doing business. So that would mean you need at least a 30% markdown before any costs for a viable deal.
Probates are rampant and Fort Wayne has an enormous opportunity for real estate investors to help and profit from the situation. Jim Banks
Discover a secret market where you can buy real estate and other valuables for up to 60% below market value to and make thousands in return when you sell. Broker and Investor for 30 years Jim Bank will show you that anybody can do it without lots of money because that market is continually underserved and growing daily. Currently, there are 7,000,000 unsettled probates available.
ADDITIONAL NON-REAL ESTATE PROFITS
Every probate typically has personal property that the savvy investor can use as an extra profit potential. In the estates, you will find personal property that needs to be sold. Valuable belongings like cars, boats, planes, and jewelry. The estate is typically paying rent, storage, a mortgage on real estate and personal property that it does not want. This is a burden you can help with and make money while you do it.
If you’re the only person in the County who knows that a property is for sale, do you think you’ll have an advantage over everybody else?
Jim Banks
IN THIS INSIDER INTERVIEW YOU’LL LEARN:
- How to approach the probate estate
- How to buy probates properties + other items in probate
- The big, expensive mistake most newbies make in probate
- Where the hidden market of unlisted probate properties exist 60% below market value
TOPIC:Buying Probate Deals Before They Are For Sale
INSIDER:
Jim Banks
INCLUDES:
Audio MP3
LENGTH:
29 Minutes
LEVEL:
Beginner to Advanced
Log in to Find the Hidden Market of Unlisted Probate Deals:
FEATURING JIM BANKS 
A Broker and Investor exclusively in probate real estate and personal property for 35 years, Jim Banks combines his expertise in this hidden market, his years in law school, and his decades of real estate experience, into whats called the ‘Mr. Probate Profit System’ will show you that anybody can do it.
Starting with fixer-uppers then moved into tear-downs and building two story homes, Jim lectures and teaches nationally, as well as internationally, his Probate Investment System.
Jim was able to continue developing these probate investments into a business with unlimited potential. And he’s going to help you build your own probate business. Jim’s formal education includes Indiana University: Undergrad, University of Southern Cal: grad, and West L.A. Law School.
See another way to uncover the hidden market of real estate deals in the LIVE Main Event™ presentation training by Tony Youngs and get his course at special REIA pricing here
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