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13 contributions to Dirty Title Goldmine
Property in Winnetka CA
Got in touch with a sister of the owner on title. Property is Tax defaulted. 30k behind. 800k Zestimate. She says her brother is difficult to work with and deals with mental issues. Claiming potentially schizophrenic. Because of her relationship with her brother, it's not something she can go down and talk to him. I'm seeing she might be able to do a temporary conservatorship pretty rapidly in order to save the house by encumbering it then later working the logistics to sell the property but even then she's on the fence and leaning towards distancing herself from the situation. Does anyone have attorney referrals for this?
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Property in Winnetka CA
What top 3 questions you ask a probate attorney
I may be bringing some legal professionals to future calls. What top 3 questions would you ask if I was paying for your consultation?
5 likes • 17d
When an assignee purchases 100% of the heirs' beneficial interests before a probate is opened, there is significant risk because the estate's net value is often unknown and could ultimately be zero after debts, unknown liens, taxes, and administration expenses. 1)If the estate later turns out to have substantial equity, how does a California probate judge evaluate the fairness of the assignment? 2)Specifically, does the court focus primarily on the price paid at the time of the assignment in light of the known risks and uncertainties, or does it also consider the assignee's eventual profit after the estate is administered? 3)Is it then only wise to purchase beneficial interest when probate has been opened and credit claims are in?
1 like • 13d
@Chris Yunakov I cant really answer this, especially outside of LA county. My understanding is that the court can refuse to order distribution under the assignment if it finds the consideration grossly unreasonable or the transaction was obtained through fraud, duress, or undue influence. There are also specific disclosure and filing requirements for these agreements. My assumption so far is that the full due diligence of credit and debts cannot be done until probate has gone through that stage.
Portfolio of vacant properties with tax liens
Stopped by one of my family’s warehouses the other day and noticed a vacant house across the street. Did some digging and come to find out there’s 16 to 19 properties under this one LLC. 12/16 all have tax liens dating from 23-25 All 12 of them seem to be vacant as of right now The 4 that dont have tax liens are vacant plots The other 3 properties I have not fully gotten into yet but looks like it is the same holding llc but not 100% sure yet so i have to swing back to that. Anyways, I am extremely green in this space and am extremely pissed I missed the summer school cut off due to being in the hospital. If any experienced operator would be interested in helping me scope this out or how to scope this out to see whether there is a deal to be made, I would not mind paying for the extra set of experienced eyes! I also wouldn’t mind partnering on a deal like this! (I have a full spreadsheet of the 16 properties as well)
1 like • Jul 25
Hey Nicholas, what city and state?
CA Probates and Mortgage Foreclosure
Looking into an estate that went through full CA probate. Went all the way to Order and final distribution. One of the interested parties gained ownership of property #1 and the sole heir inherited property #2 August 2024. Neither property changes title until Property #1 get NOTS and auctioned off to flipper for ~530k July 2025. Final Judgment ~135K. Property #2 Title still held in Jane Doe Est of. Property #1, I'm making the assumption the interested party that opened probate probably went after the excess proceeds. Property#2 which is my target and focus, will just probably be the focus on getting in touch with the heir on final distribution. This is my first time where I've run into a PR or Administrator's Deed not recorded.
3 likes • Jul 23
Update: I can confirm that the investor claimed the Surplus and he gained it through the assignment. Paid 95k for specific parcel 5 Years later gained ownership, allowed it to foreclose and gained surplus.
Dealing with a Summer Virus, So Paired It With Some Reading
I was looking into assignment of beneficial interests for a deal we're looking at. Came across this interesting article that talks about operators and companies in our field that I've seen come up in different local leads during due diligence. Its not a short read, but I do think it's given me some historical context regarding a specific probates code and possible angles/ perspectives from the public. I do feel like it's missing the case studies and interviews with actual consumers and how that weighs into business of what we're doing. Curious to hear anyone else's takes. https://yalelawjournal.org/article/probate-lending
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Erwin Miciano
3
12 points to level up
@erwin-miciano-8092
Semi Homes / Husband / Father of 3 /

Active 2d ago
Joined May 7, 2026
San Gabriel Valley
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