Unlocking Opportunities in Probate Real Estate with Sharon Vornholt - REIA 458

Main Theme:

Exploring the niche of probate real estate investing, guided by Sharon Vornholt’s expert insights and experiences.

Summary:

In this compelling episode of “Real Estate Investing Abundance,” we delve into the world of probate real estate with veteran investor Sharon Vornholt. Sharon shares her inspiring journey from a career in the medical field to establishing a successful home inspection company, and ultimately, transitioning into the realm of real estate investing. A pivotal moment at a Real Estate Investors Association meeting set her on the path to specialize in probate properties, a niche she has mastered since 2008.

Key Takeaways:

Understanding Probate Real Estate:

Probate is the legal process of asset distribution when estate planning is absent, requiring court-appointed decision-makers.Sharon emphasizes the importance of mastering local probate processes before expanding investments to other regions.

The Power of Probate Properties:

Minimal competition in the probate market since 2008.Continuous opportunities due to the natural cycles of life and the aging baby boomer generation, creating a robust market for real estate agents.

Effective Marketing Strategies:

Developing a strong marketing plan is essential.Effective methods include direct mail campaigns, lead generation websites, networking, and active participation in investor meetings.

Building Relationships with Sellers:

Success hinges on building personal relationships with sellers.Show sensitivity and genuine interest in their situations.Utilize multiple marketing methods and address sellers’ concerns with tailored solutions.Maintain rapport through personalized touches such as thank you notes and videos.

Biography of Sharon:

Sharon Vornholt is the founder of Innovative Property Solutions. She brings a wealth of knowledge and experience in probate real estate investing, offering invaluable insights for both novice and seasoned investors.

Connect with Sharon:

[email protected]https://probateinvestingsimplified.com[email protected]https://www.instagram.com/sharonvornholt/https://www.linkedin.com/in/sharon.vornholthttps://www.twitter.com/svornholthttps://www.youtube.com/user/SharonsRealEstatehttps://louisvillegalsrealestateblog.com