Posted by leslie on May 08, 2000 at 14:50:14:
what state are you in. are you moving to calif or doing it here already. there are some good (expensive) courses and books on probate, but i think 30 min with a probate attorney will tell you most of what you need to know. newspaper legal notices are a good start, but all the probate files for each county are avaiable at that county records office. real property is listed in the assets list in each probate file.
there are appraisers who do a lot of probate work as well as a circle of attorneys in any one area. a good relationship with one of those will bring you a lot of deals. they want to sell and you want to buy. don’t insult (get too ceative) with the attorney on the first deal, it will get better when he sees you are a capable player, but he is there to protect his client from loosing money, ie $0 down and a note gone bad for instance… so build a relationship first then get creative. you won’t be the first wanna be investor he has met. yes you can “go around” the attorney to some degree. at some point later you will know the ropes, and convincing the “estate” to ignore their attorney won’t be easy until you have some experience.