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Probate Real Estate Investing
Most real estate investors look for conventional opportunities, but there are some great deals to be had within the world of probate. Today we talk with Al Nicoletti, Attorney and probate specialist, about the ins and outs of probate and how it can be advantageous for real estate investors.
If there is no appointed heir when the owner passes away, the property is turned over to the courts and then appointed to the closest relative as the executor to sell the property. Often times the executor is willing to sell the real estate at a discount so they don’t have to deal with it.
Eric Odum, the co-host of this show, has stated that almost all of the properties he’s bought have been in probate.
Key Discussion Points
[00:55] Opening remarks by Eric Odum & Steven Silverman
[03:25] About our guest: Al Nicoletti
[04:37] How did you get into the probate business?
[10:31] What is probate? And what do you do that’s different?
[17:15] How are investors able to find these probate properties at a discount?
[22:35] How does your probate service help real estate investors?
[23:35] So you do probates in all counties within Florida?
[26:00] How do you structure your probate fees?
[29:22] How can folks contact you?
[30:29] Do you have any other great ideas for folks working the probate business
[33:53] Closing comments by Eric & Steven
About our Guest
Al Nicoletti is an attorney in Florida with offices in Jacksonville. With a focus on probate, Al has created a very unique niche working in the probate real estate market. He has created streamlined strategies to help solve even the most complex probate issues.Al is active on Facebook, has a YouTube channel (Al Nicoletti), and has a podcast show called The Al Nicoletti Show.
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