| Then you qualify to hire an investment | | | | a property that he would like to buy, it |
| attorney. Why should I hire an | | | | does take time to locate the properties, |
| investment attorney, you ask? Good | | | | attend the auctions, work through any |
| question. The simple answer is that they | | | | legal issues affecting the title, and |
| are best qualified to find and analyze | | | | ejecting any tenants that have no right |
| real estate deals and unusual | | | | to be in the home any longer. |
| investments. | | | | Such properties are often sold by |
| As you know, the goal of any investment | | | | investors for 25 to 100 percent returns |
| is to buy low and sell high. However, | | | | on their investment using this method. |
| for various reasons many people don't | | | | However, past performance is no |
| follow this simple plan. If this | | | | guarantee of future performance. |
| describes you, then all you have to do | | | | OTHER INVESTMENTS - As referred to |
| to change is to make a commitment today, | | | | above, at times it may be advisable for |
| and start again. | | | | a client to purchase charged off |
| REAL ESTATE - more people have become | | | | accounts, judgments, and promissory |
| millionaires through investing in real | | | | notes. Such investments of course are |
| estate than through any other | | | | best analyzed initially by an attorney. |
| investment. Real estate can be bought | | | | Plus, he can represent the client when |
| the normal way, or through probate (two | | | | purchasing such financial instruments. |
| ways to do this), and through tax liens | | | | WHAT YOU GET WHEN HIRING ME |
| or tax certificates. Everyone is | | | | You get a specialist in this field. |
| familiar with the first way to buy real | | | | I have limited the number of clients so |
| estate so I won't discuss it any | | | | I have the maximum amount of time to |
| further. | | | | devote to achieving your goals. |
| Real estate can be bought from probate | | | | PRIVACY -- I will be the only one |
| estates in two ways. One is at auction | | | | working for you, which protects your |
| and the other is before it goes to | | | | privacy. |
| auction. Any and all kinds of real | | | | Another benefit for you is my experience |
| estate are sold every year in probate. | | | | in finding and selling properties |
| Homes, commercial and industrial | | | | through probate. Plus, I already know |
| properties, as well as vacant land. | | | | how to locate properties in tax lien or |
| Generally speaking, properties sold at | | | | tax certificate sales as well as other |
| auction tend to be sold at or above the | | | | methods of finding properties that are |
| market price. Which means this is not | | | | good investments. |
| the kind of deal you want to invest in. | | | | I only charge a fixed fee. I will not |
| So the goal is to buy properties in | | | | agree with a client to share in their |
| probate before they go up to auction. | | | | potential profits from any of their |
| However, that is the hard part. Every | | | | contemplated investments. One reason is |
| state has their own rules of procedure | | | | such an arrangement is usually unethical |
| and laws that govern such sales. Plus, | | | | or will require a lot of paperwork, |
| general real estate laws are different | | | | extra time and money to meet the needed |
| in every state. Further, there is no | | | | disclosures. My fee ranges from $5,000 |
| such thing as a Multiple Listing Service | | | | to $10,000, depending on the work and |
| (MLS) for probate properties. Which | | | | goals of the client. |
| means that the attorney spends a good | | | | I can best assist you to reach your |
| amount of time to locate properties for | | | | goals through my expertise and love of |
| his client. | | | | research and writing. This benefit to |
| It is common for investors to make a 25 | | | | you is seen by my having written and |
| to 40 percent return on their investment | | | | published two books that required no |
| using this method. However, past | | | | small amount of research. |
| performance is no guarantee of future | | | | By using my services you stand a great |
| performance. | | | | chance of making a lot of money. Which |
| Tax liens and tax certificates are two | | | | means you will have more money to fund |
| ways that various states may sell real | | | | your IRA, pay for your child's college, |
| estate if their local, county, and or | | | | or pay off other bills. |
| state taxes are not paid. Again, every | | | | INITIAL CONSULTATIONS DONE ONLY THROUGH |
| state's rules are going to be different | | | | EMAIL |
| on how such sales are conducted. For | | | | There are only three things you need to |
| example, the amount of time that the | | | | do. Email me, Attorney Mark B. Replogle, |
| owner has to redeem (buy back) his | | | | with the answers to the below points: |
| property will vary. As well as the | | | | 1. What are your investment goals? |
| amount of interest each state pays the | | | | 2. How much money are you going to |
| investor for his money that went towards | | | | invest? |
| paying the back taxes. | | | | 3. Why should I represent you? |
| So while a client can indeed place an | | | | Please be specific and give me as much |
| "order" with his investment attorney for | | | | detail as you can at this time. |