Understanding How Real Estate Investors Can Work with Executors During the Probate Process

Today we’re going to answer a reader's question which was, “How can investors work with executors during the probate process and build a good relationship with these folks at this difficult time in their life”? The second part of the question was whether the duties of an executor are different than those of an administrator. I’ll answer these questions as well as provide some specifics of both scenarios. It’s important for real estate investors to understand this when working with the niche of probates.  Listen and enjoy!

Key Highlights:

[00:01 - 04:22] Opening Segment

How investors can work with executors during the probate process

Why being knowledgeable about probates puts you in a unique position

[04:23 - 08:40] Understanding How Real Estate Investors Can Work with Executors During the Probate Process

An overview of how probate works in the United States

What happens once the probate process is complete

The difference between an executor and an administrator

[08:41 - 11:44] Closing Segment

What you should do if you want to become a bonafide probate investing expert, you can enroll in a course at probateinvestingsimplified.com.

Key Quotes:

"If you're knowledgeable about probates, this puts you in a very unique position when you're compared to other investors." - Sharon Vornholt

"My advice is to use a probate attorney whenever possible because the process goes so much smoother and so much easier." - Sharon Vornholt

WANT TO LEARN MORE?

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Be sure to check out the Louisville Gal's Real Estate Blog and my course Probate Investing Simplified.

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