Invest Florida - A Real Estate Podcast

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.   What exactly is probate? 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 prope