Let’s Talk Real Estate Investing with Sharon Vornholt
Business:Investing
I am often asked what happens to rental property during probate. Specifically, what happens to the rental income during the probate process? In today's show, I'm going to answer these questions as well as some other common questions that pertain to rental properties that are part of an estate, such as, "What happens when the tenant stops paying rent but won't move out"?
Learn the ins and outs of how to handle common tenant problems during the probate process.
[00:00 - 06:54] What to Do When Rental Income Can't Cover Expenses During Probate
[06:55 - 15:13] What to Do if Property Becomes Vacant During Process
Quotes:
"The executor of a probate estate has the authority to file an unlawful detainer. Just the same as if you were managing your own property or property from someone else." - Sharon Vornholt
"An executor can evict someone that ultimately will be an heir to the estate. If it's not on the deed, whatever doesn't matter. The fact is that if they are an heir, it doesn't give them the authority to live in the property rent free." - Sharon Vornholt
Links:
Learn more about this podcast on iTunes or Stitcher.
If you liked my show, please LEAVE AN HONEST REVIEW, like, and subscribe!
Do Probate Properties Need Court Approval to Be Sold?
10X Your Wholesaling Business with Dan Toback
How to Set Your Business Up for Success in the New Year
How to Invest in Real Estate Using None of Your Own Money
Probate Investing for Agents and Investor/Agents
Digital Marketing Strategies for Real Estate Investors
Getting the Best Results from Your Probate Direct Mail Campaigns
Secrets of Successful Female Investors with Jasmine Calio - Episode #437
Build a Wholesaling Business on a Shoestring Budget with Nathan Payne
How One Real Estate Investor Did Over 4000 Transactions
7 Simple Truths About Working in the Niche of Probates
Using Digital Marketing to Generate Motivated Seller Leads
How to Buy and Wholesale MLS properties with Rent to Own
Why Bother with Branding For My Marketing?
Grow Your Real Estate Investing Business Faster with Partners
Creating a Lifestyle Business Through Real Estate Investing
Why Real Estate Investors Must Master Presentations
Following Up After the Seller Says No
What Happens When Someone Passes Away in Your Rental Property
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast