Let's talk about probates. What are probates for those who don't know?

So a probate is a situation where let's say my mother or father passed away.

They didn't have a will. They didn't have a trust. They didn't do the right things before they passed away and

when you do that you then have to run it through a court process which is

pretty painful to allow me and my sister in this situation to have the ability to have the property in our name.

So there's a lot of people in that situation that's like, look, my parents passed away and I don't have the money for probate I don't even know what what to do I have no idea what attorney to contact and then many times they'll reach out to an attorney and they'll be like oh 20 or 30 grand or something to do this probate when if you have a good attorney, it's two or three grand.

So immediately they're like, I don't have the money.

I can't do it.

So oftentimes these properties are vacant sitting there abandoned for for long periods of time so it gives

opportunities to us as investors to come in solve a very difficult problem that perhaps these heirs have given up on and get some

money in their pocket with a house that they're already detached from.

And with that, you know, the process basically just awards them the home.

The court just decides, yeah, you are the errors.

It should go to you and gives I guess other errors time to

object if any there's a lot of nuance to it I don't claim to try to be know everything about probate because there's so many different

variations you would want to connect with an attorney in your state and they'll give you the

low down on your area.

Yeah I'll give you guys some feedback and experience I've had over the years, but like, typically

what happens is if I was to lock up a probate deal, which we have, and you know, I'm meeting with the heirs like you said they don't

know what to do we have an attorney so we run it through our attorney and we pay all

the costs and everything now our first goal is to do something called a set aside. Do you guys have those?

No I don't have that term. Okay so we try to do what's called a set aside where

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