Probate & Obituary Marketing

I start my marketing with obituaries followed with probate filings and find it just another effective way to acquire property.

Short of courthouse research you can go to your local library and go to the reference department and research using what is called a Polk City directory that will list if the deceased party owns real estate.

I use a simple letter that has produced great response as follows:

This is the letter that I use.

Dear

I am looking at purchasing several properties at and around ________________________(property address) and would like to talk to you about the purchase of ________________________(property address) if you would be interested in selling.

Thank you for your time and you can reach me at ( )______ - ______________.

Sincerely, John Michael

Did you know that;

*Having a will guarantees that your estate will go through probate? *Your exact probate cost is unknown but the average cost of probate is 4% to 10% of the gross estate? *The average length of probate throughout the country is 13 months? *90% of all estates of singe-widowed adults age 60 and over go through probate? *Failure to utilize each spouse's federal estate tax equivalent exemption can cost an estate up to $235,000 in unnecessary taxes?

*****END OF LETTER*****

Keep in mind that that normally you will have to have cash on hand to make this type of purchase but you will find some properties can be obtained through creative strategies.

Using creative strategies does work if only you ask. The worst that can happen is you will get a "NO"! So you get 100, 200 or even 300 no's before you get a "YES" to your creative strategy such as a "NO MONEY DOWN", "LEASE OPTION PURCHASE", "SUBJECT 2", "OWNER FINANCE", or any other creative form of investing!

It only takes one "YES" to profit!

"You're never a loser until you quit trying." By Mike Ditka, Football Player, Coach

John Michael - "King of Bling" Investor/Teacher/Mentor/Author Office - (775) 535-1341 Toll-Free: 1-877-225-5928 & enter 417862-3164 Fax - (775) 307-6541 Email: john@jmichaelrei.com JMichael Investments: http://www.jmichaelrei.com/ Investing Club: http://jmichaelrei.com/html/join_stealth_rei_club.html Sister Site http://stealth.thecreativeinvestor.com/

There is something emotionally charged about the buying and selling of New York high-end real estate. How else to explain the juggernaut of reality TV shows about high-end brokers?

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A town house in Dallas, a midcentury modern in Rhode Island and a Tudor in Denver.

Prices in some parts of the country are still off by as much as 25 percent from their 2007 peak.

Trinity Church is the largest landlord in Hudson Square and is part of the effort to rezone the area to residential from manufacturing.

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Ms. de França is the president and chief executive of Douglas Elliman Development Marketing, which focuses on new residential developments.

Meet the real estate broker’s interns: an ambitious group willing to do anything, earn nothing and wake up early on a Sunday to fluff the couch cushions at open houses.

A Flatiron condo, a Midtown South co-op and a Brooklyn Heights carriage house.

A four-bedroom ranch in Montclair, N.J., and a four-bedroom colonial Cape in Babylon, N.Y.

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Compare the cost of renting and buying equivalent homes.

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Plants that light up the winter garden can be found at Broken Arrow Nursery in Connecticut, which has long been a favorite of gardening geeks.

A sister in need drew the painter Beverly McIver back home to North Carolina, unaware that a new beginning was in store for both of them.

A jewelry designer finds striking new objects for storage.

Timothy Sakamoto and Jochen Repolust are part of the small but growing niche making mobile apps focused on specific works of architecture.

To promote an auction of 20th- and 21st-century design, the interior designer Stephen Sills has created a preview exhibition in an apartment at the Apthorp.

Fishs Eddy now sells plates acquired from the archives of the now-defunct Syracuse China Corporation, many more than 100 years old.

The designer Russell Greenberg creates custom baby rattles with ends shaped like profiles of mom and dad.