Let’s Talk Real Estate Investing with Sharon Vornholt
Business:Investing
I got a listener question this week and it was, "what do you do when the heirs can’t agree on a sales price for the property in the estate"? That’s a really good question, but I have to tell you that in reality, you get it less often than you might think. However, over time it will happen so it's good to know how to handle that situation. In this short episode, I will tell you how I handle those conversations and you can put your own spin on it.
Key Highlights:
[00:01 - 02:10] Opening Segment
• An overview of how to get the family to agree on a sales price for a property
[02:11 - 06:28] What Do You Do When the Heirs Can’t Agree on a Sales Price?
• It is important to be realistic about what needs to be done to fix up the property
• What's most important is to listen to the family's concerns
• Get the family involved in the discussion and know what they would do if they lived there
[06:29 - 07:48] Closing Segment
• You should go back to the facts and the costs
Key Quotes:
"Your goal is to get the family involved in the discussion and get them invested in seeing themselves in the property." - Sharon Vornholt
WANT TO LEARN MORE?
Connect with me through my website, Instagram, and LinkedIn
Or you can send me an email at sharon@sharonvornholt.com
Be sure to check out the Louisville Gals Real Estate Blog and my course Probate Investing Simplified.
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
What Happens to Rental Property During Probate?
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
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast