REVIEW

Discover Profits in Probate Real Estate with Ron Mead

You may have heard that probate properties are one of the hottest market segments in today’s real estate markets, but do you know how to tap them for your real estate investing business? Chances are good that if you do know, you're too busy counting amazing returns on your probate property investments (ROI) to be reading this review.

Learn a Pro’s Probate Investing Secrets for Less than the Price of Gas. If you're looking for a real estate investment strategy that's rock-solid and steadier than a world-class surgeon's hand, you should take a look at investing in probate properties. And if you're sticking to a tight budget (who isn't these days?) legendary straight-shooting probate investing legend Ron Mead has all the training you need to get started, for about the price of a tank of gas for your car.

Have you ever noticed in life that your best ideas often come when the chips are down? Such is the case for Ron's start in probate property investing.

When Ron first considered probate property investing, sadly, it was because his parents had passed away. He inherited their house, which was located 250 miles away from his Portland, Ore. home. He spent seven months traveling between locations as he tried to get the inherited property sold. All that time on the road, Ron says, gave him time to think.

During one of those gloomy trips between locations, it dawned on Ron that there probably were a lot of folks in his position: grieving, tired and overwhelmed by trying to manage it all at once. These folks, thought Ron, would probably be thrilled to make a market-value deal -- or better -- just to be free from the stress and responsibility of selling their deceased parents' home.

Build a Good Probate List and the Deals will Come

Soon after this revelation, Ron went down to his local courthouse to manually build his first probate list. Because there is no national probate list provider, Ron says he decided to build his own list. The process took 17 months, he says, of learning and public records research, all of which posed a slight learning curve. During that period of time, Ron reports that he made $250,000 off of his very first list.

Simply put, probate is the legal process of liquidating an estate's assets after debts and creditors have been satisfied. With probate property investing, Ron says, you're easily getting properties for $.50 - $.60 on the dollar. And there are many viable options for maximizing your profits in the flip transactions that follow.

Jump Start Your Profits with Probate Real Estate

Ron's book on probate property investing, "31 Days to Profits in Probate Real Estate", conveys his wealth of experience and knowledge in plain English. Ron will be the first to tell you that he’s no professional author, but his experience with the U.S. military, where “there is a manual for everything,” Ron says, prompted him to write some manuals of his own.

In "31 Days to Profits in Probate Real Estate", an outstanding aspect of Ron’s personal style is to provide readers with unembellished resources and guidance that is geared to get you up and running in your own probate property investment venture in as little time as is possible. Ron calls it his “own personal prospecting system.”

Probate always has been bigger than pre-foreclosure, Ron says, until recently. But with so many other investors chasing after the foreclosure deals, there is relatively little competition for the probate deals, he explains.

Probate Real Estate: an Ideal Scenario for Investors.

By the time folks reach retirement age, many of them own their homes free and clear. In fact, one out of four houses in the U.S. right now is owned is free and clear, Ron says. In addition, among every 100 names you’ll find in your probate records research, about 60 of them will have real estate attached that will be left to an heir.

"Whenever folks inherit a home", Ron says, "they don't want the home so much as they want the money for getting it quickly sold. Like I was when my parents died, the majority of folks who inherit property often they live too far away or don't have time to focus on the sale."

Often, people who inherit property also inherit deferred maintenance issues and lengthy repair lists. Most don't have the time or energy to deal with these challenges when they're grieving, dealing with paperwork and tending to their personal lives. Probate can be a most grueling time for heirs, even when the deceased’s debts are minimal.

"These are only some of the reasons why people in a probate situation are the perfect motivated sellers, " Ron says. "Probate property investing is a fertile ground for prospecting and is a great way to help people to cope with hardship, he explains. Motivation, equity and the lack of competition from other real estate investors create a ”perfect storm” for entrepreneurs to profit in probate.

What to Expect

Implementing Ron’s techniques may require a bit of up-front time to ramp-up, but when the deals start to hit, your momentum and lack of competition likely will leave you wondering why you didn’t try it sooner. As Ron says, ”There’s just enough work involved here to weed out the tire kickers.” By putting in the effort, Ron assures that you’ll be “handsomely rewarded.” And isn't that what this business is all about?

Building your list and launching your mailings may require some patience, Ron says, but it is reasonable to expect a transaction in the first few months if you build a quality list and send out enough letters. From start to finish, each transaction should lake 31 days or less, he adds.

SUMMARY
If you're looking for a real estate investment strategy that's rock-solid and steadier than a world-class surgeon's hand, you should take a look at investing in probate properties with Ron Mead’s "31 Days to Profits in Probate Real Estate". This awesome book, written by legendary straight-shooting probate investing legend Ron Mead has all the training you need to get started, for about the price of a tank of gas for your car. It is a must-read for cutting edge real estate investors who are looking for a stealth alternative to the foreclosure market investing frenzy.

Folks, I've spent more than $100,000 on real estate training, and I’ve got to tell you that Ron's entrepreneurial epic "31 Days to Profits in Probate Real Estate," is better than many of the systems I’ve paid for, and available at a fraction of the price.

Buying this book is the best money that you'll spend to learn about investing in probate properties, hands down. Rich learning opportunities at a rock bottom price are rare in this business. Seize this opportunity to learn and turbo boost your bottom line.