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Dirty Title Goldmine

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8 contributions to Dirty Title Goldmine
Squatter - cash for keys
I have a property in Sacramento, CA. Picking it up for 27.5k We are about 1-2 months before the sherrif comes knocking. My Probate Professional Feduciary said we are clear to close now. Should I acquire it the moment they are out or acquire it now? Every time I’ve tried presenting a cash for keys scenerio, the squatter has been high as a kite and the conversation gets nowhere. I plan on trying one more time since she’s about to get released from jail. I have a short window before she starts abusing again. Any advice on how you guys frame cash for keys? I have to move quick before it’s assigned a Recievership. Thanks!
Thanks for sharing; it brings up the BIG distinction with any property over obtaining OWNERSHIP Vs POESSESSION; that is having control or custody over the property. Can you CONFIRM that its actually a "squatter" in poessession and not an occupant who might have some type of lease (verbal or otherwise), adverse poesession claim, or any other arrangement with the deceased owner(s) or their estate to occupy or caretake the property? The state of CA generally speaking tends to lean favorably to those in poessesion as one of the most tenant friendly states in the U.S.
California Guide
Hopefully this is helpful for California investors
California Guide
1 like • 10d
Daren - nice touch to ADD the sited Statutes for the Golden State :-)
Summer School Bonuses
I’m getting excited for the Inaugural Dirty Title Goldmine Summer School. 1) I’m adding office hours so that students can connect 2x a week. I don’t want anyone stuck after each class meeting and have to wait 7 days to get unstuck. 2) Probate Attorney Guest Speakers 3) Genealogy & Research expert speakers 4) new module (Four Exit Boxes) for week 12 Make sure you tune in for Happy Hour 1:30pst this Thursday!
0 likes • 16d
@Trenton Ebersole - left you a DM message about your Guernville, CA (Sonoma County) area run down politely called "shack" deal. That is in my "neck of the vines"; might be a taker but would like to learn more....
3 likes • 26d
Good Discussion points Ellis; a constructive comment; might throw in a few graphics, pictures, etc. to ease YOU a bit from having to provide constant dialogue. Visuals are always a nice touch... Both You and Rick shared some great points.
Family Dynamics - P E T I TO situation with a Duplex co-owned
P E T I T O situation P = Property Duplex located in Carmichael, CA Only (1) ONE APN # exists for the duplex property. One side rented for $2,300 per month, the other side is VACANT and in need of work so that it can be rented. E= Equity Estimated Value $800,000 TODAY The property is FREE & CLEAR of any debt Property was acquired for around $200,000 many years ago; pre 2016. T= Title Originally was titled in the Name of a Father (now deceased) as to a 50% Interest and (1) one of his daughter (elderly daughter # 1) as to the other 50% Interest in the Duplex.She (elderly daughter # 1) lived on one side and the Father lived on the other side. She helped care for the aging Father. The Father passed away back in 2022 and his estate was probated. The OTHER Daughter (younger 2nd Daughter) prior to his passing was given a DEED by the Father subject to his Life Estate interest; Upon the Fathers passing in 2022, Younger Daughter # 2 then became the OWNER of 50% of the Duplex property along with Elderly Daughter # 1 still owning the other 50% interest. I= Interested Parties Both of the daughters each now own 50% undivided interests in the Duplex property valued around $800K which is FREE & CLEAR of any debt. Elderly Daughter # 1 has relocated but has been RENTING out her 50% portion of the duplex (for $2,300 per month) as stated above. T= Threats The relationship between Elderly Daughter # 1 and the Younger Daughter # 2 is contentious. They barely speak. It seems that Elderly daughter # 1 feel entitled to 100% of the DUPLEX property as she was the one who cared for their Father before he passed.The 50% SIDE of the DUPLEX now owned by the Younger Daughter # 2 cannot be readily rented because it’s in desperate need of many upgrades to get it rent ready (like a new HVAC system, some electrical work, new flooring, the updating of the bathrooms and the Kitchen, etc.). Thus younger daughter # 2 side of the duplex is NOT able to produce any income from rents; Yet she still must share in 50% of the expenses for Taxes, Insurance, etc.
1 like • Jun 15
Haha- no it’s my office lime/ was watching the Knicks win the NBA finals championship 🏀
1 like • 29d
@Erwin Miciano - Yes its a GOOD point, its NOT (2) TWO APN #'s involved here. Just (1) ONE APN #; thus ONE LEGAL DESCRIPTION. The elderly daughter # 1 is requiring younger daughter # 2 (her sister) to SHARE in the property taxes and also insurance but NOT allowing her to get her side of the DUPLEX up to a level where it can rented to produce income
1-8 of 8
Michael Morrongiello
2
4points to level up
@michael-morrongiello-1636
Private Equity Fund manager- Experienced Real Estate and Note Investor

Active 4h ago
Joined May 13, 2026
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