Inherited Property: Profitable, but hard to find… Until now

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The Power of AI: Helping real estate investors Dominate the Inherited Property Market
May 25, 2021

Inherited Property: Profitable, but hard to find… Until now

InherentValue.ai

Most investors avoid inherited property due to needing special knowledge of where to acquire the data to prospect for, which up until now has been challenging to obtain. 

Until now, the market for probate information was limited to just a few companies, which essentially formed a pricing monopoly of just 3-4 companies that kept prices inflated, charging outrageous fees for incomplete and inaccurate court data that investors had no alternatives for.

The only way to find the inherited property was through “Probate” court records. That is, obtaining a list of Probate cases and meticulously going through each one trying to figure out who to contact and determine if any properties belonged to the deceased. 

Probate Court records were pretty much the only consistent source of prospects, but that court data was expensive, inaccurate, and missing more than half the total properties out there. Furthermore, a large number was simply “junk data” that investors still had to pay for. All this made it costly and inefficient for investors to pursue inherited real estate.

With artificial intelligence technology, you can be the first to know about inherited properties in your market, so you can acquire them before your competitor does.

InherentValue.ai tells you when somebody is inheriting a property and identifies them long before they ever show up in any “Probate list” or public records. So you can be the first one to the deal. 

InherentValue.ai is trusted by property developers, REITs, and fund managers to efficiently find, screen, and acquire inherited property investments – without relying on slow and inaccurate Probate case listings.

What if you could know all the valuable real estate that’s being inherited in your market for months or years before anyone else can find out about it?

Find detailed info about inherited properties

AI technology is changing the face of real estate investment. This includes real estate that’s stuck in Probate, which is real estate that investors wouldn’t know about if it weren’t for advanced automated technology to bring it to their attention.

In some markets, InherentValue.ai can even predict before somebody dies, allowing a smoother transition and conveyancing title to the property, avoiding the entire Probate process. With InherentValue.ai, you can search for inherited properties directly in your area, filter out the best potentials, find detailed property information, locate the heirs, and easily export data needed for marketing.

1.  Filter out the best potential real estate investments with Inherent Value.ai

Inherited property easy to find with InherentValue

Forget about racing to public records to find the next best Probate investment property. Now you can let artificial intelligence do all of the heavy liftings for you when buying inherited properties. With InherentValue.ai, you can now easily search for new real estate by entering the location, property type (residential or commercial), equity-type (positive or negative), date of the last sale, estimated condition and more. 

Searching for inherited properties near you is simple, and InherentValue.ai makes filtering through the best potential deals fast and easy. 

Introducing ValueRankTM – our powerful AI predictive analytics algorithm ranks and scores prospects based on hundreds of data points to highlight the needles in the haystack. 

You can preset ValueRank to highlight properties that are:

  • Most likely to sell  
  • Highest potential profit margins  
  • Development / new construction potentials

Speed is everything for inherited property buyers. With InherentValue.ai, investors can get to deal with “Pre-Probate” and leave the remaining scraps to the other Probate investors to pick up after them.  Investors targeting Probate Lists won’t see properties until the heirs file a Probate case in court. Meanwhile, investors utilizing InherentValue.ai already saw the property months before the rest, with the help of AI-powered technology.

2. Reach Higher Profit Margins

Inherited real estate is one of the most profitable real estate types in either residential or commercial markets. Typically, sellers are more motivated to sell inherited properties more quickly and offer a better price for the real estate because: 

  • They need the cash for life events
  • They want a quick and discreet sale
  • They live out of town or out of state
  • They don’t want to deal with repairs or damage
  • Inheriting real estate could trigger sizable debts or tax obligations, so it just makes more financial sense to sell it.
  • The heirs usually don’t want to get involved in the management of rental properties or commercial real estate.

Inherited property deals are more profitable and have larger price discounts due to inherited properties being older and usually needing more repair, with the rehab being priced into the acquisition price. 

3. Easily Find Detailed Inherited Property Information

But up until now, it’s been complicated and inefficient for investors to systematically pursue inherited properties because the data around it has been hard to get, costly, and worst of all, inaccurate — overall making prospecting very inefficient.

Investors targeting traditional probate lists waste huge amounts of time and money prospecting to names on junk data lists, either renters or those who never even owned any real estate, which can be as high as 70% of the Probate in many urban areas and cities.

You no longer need to rely on Probate data as the only way to source inherited properties. You can easily find inherited real estate months or years before they appear in Probate court or get published in any “Probate lists.”

4. Simplify finding heirs and exporting data for marketing with InherentValue.ai

Heirs of inherited real estate property

We have not only developed our own proprietary set of data on inherited properties nationwide that is far ahead of Probate but have also developed the complex programs that can analyze the properties to rank them and predict which heirs will be most likely to sell and which properties could make the best investments, which can save you huge amounts of time and money while prospecting. All thanks to the power of Artificial Intelligence and ‘predictive analytics’ that analyze hundreds of thousands of data points on properties.

InherentValue.ai helps you instantly find detailed property research to focus on outreach and marketing the prospects that are most likely to flip into a deal. Save time searching for Probate real estate by using InherentValue.ai’s search engine, where you can easily sort, screen, and organize inherited properties by putting in the key criteria you are looking for in your next Probate property. Examples of the data you can easily search includes:

  • Current owners
  • Property characteristics (size / beds / baths)
  • Tax & Valuation
  • Mortgage info
  • Last sale
  • High equity or Low Equity (short sale)
  • Year built / age
  • Mapping & street view

InherentValue.ai goes beyond looking at a set of properties. It ranks and highlights properties based on their potential to sell or profitability using machine learning algorithms to analyze and crunch thousands of data points to present you with the best possible properties.

Contact InherentValue.ai today to quickly find the most profitable inherited real estate properties in your market

Until now, the market for probate information was limited to just a few companies. But in a technologically advanced world, InherentValue.ai is becoming one of the most trusted technologies used by property developers, REITs, and fund managers to efficiently find, screen, and acquire inherited property investments – without relying on slow and inaccurate Probate case listings.

Be the first to know about the inherited property, so you can acquire it before your competition does.

InherentValue.ai is the future of Probate real estate investments. With powerful features and accurate data to help you efficiently pursue inherited real estate before the details are visible to others. 

Click here to secure a spot on the waiting list for the launch of our Beta data subscription.

Learn more about InherentValue.ai pre-probate data:

https://inherentvalue.ai/features/
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