PETITO SUMMARY — 3 HOMES, FAMILY TRUST AND HEIR DISPUTE Where: California Who: 2 family lines What: One branch of the family lives in all 3 homes right now. I'm sharing this for feedback. I want to know if this deal looks good to other experienced operators and would like some insights if I'm missing anything. PROPERTIES::: Home 1: - 3 bed, 1 bath, 1,160 sqft house - 0.32 acre lot - Value guesses (at 70% of full price): Zestimate: $239,260 Propwire: $231,988 XLeads: AVM: $266,186 MKT: $383,040 Home 2: - 2 bed, 1 bath, 897 sqft house - 0.34 acre lot - Value guesses (at 70% of full price): Zestimate: $249,190 Propwire: $181,805 XLeads: AVM: $280,242 MKT: $341,964 Home 3: - 1 bed, 1 bath, 662 sqft house - 0.4 acre lot - Value guesses (at 70% of full price): Zestimate: $200,970 Propwire: $155,339 XLeads: N/A AVM: $256,346 MKT: $305,298 Total value for all 3 homes (70% of value): Zestimate: $689,420 Propwire: $569,132 XLeads: AVM: $802,774 MKT: $1,030,302 EQUITY::: Total taxes owed on all 3 homes: about $10,600 Home 1: about $4,140 owed. Late on taxes from 2023 to 2025. This year is paid. Home 2: about $2,130 owed. Late on taxes from 2023 to 2025. This year is paid. Home 3: about $4,330 owed. Late on taxes from 2021 to 2025 (the longest). This year is paid. *Solar Lien (amount unknown) TITLE::: - The grandparents used to own all 3 homes. - In 2007, they moved all 3 homes into a family trust. From that point on, the trust was the legal owner, not the grandparents by name. - Both grandparents have since passed away. One passed in 2018. The other passed in early 2019. - In 2021, a solar lien was placed on one of the homes. But both grandparents were already dead by then. This means the lien may have been taken out through fraud — someone may have signed for people who were no longer alive to sign anything. This is a big red flag. INTERESTED PARTIES::: - One branch of the family (the late son's side) owns half of the estate, 50%. This half splits between 4 people: 2 brothers and 2 sisters. Each one gets about 12.5%.

I am working on a lead where the mom died in 2000 and doesn’t have any probate. No will. The title is still on her name. The son is disabled and doesn’t entertain speaking to anyone. So it’s a dead end. I just identified the daughter long distance and will try to speak with her. The problem is probate takes 12+ months and the tax auctions is less than 4-6 months. So no time. Also cannot do a summary probate because the property value is 500k plus. I can cure the taxes if we can have a purchase agreement in place with daughter and son. Any other ideas to resolve this? Another question is - is this a dead end of the daughter doesn’t respond or don’t want to deal with this.

Has anyone successfully negotiated a CC judgement down? We routinely come across properties with deceased owners with CC judgements that are 20+ years old, but the CC company has refiled every 5 years so they're enforceable. We're looking at one now with 2 judgements from Captial One that were first filed in 2008 at $800 and $1000 with 24.9% interest, so they're huge now (we're in Ohio).

After speaking with other Skool experts. I was encouraged to charge a minimum monthly membership to discourage spammers from joining our community. Starting August 1st I will have a minimum monthly membership. I am going to make sure I overdeliver value regardless of your level of commitment. The monthly price will be determined soon.

I’m looking at a dirty-title file where IRS liens may be the main roadblock. Basic facts: As is value is roughly $110k IRS liens appear to be around $38k+ There are also heirs, legal/title costs, closing costs, and other deal expenses. After rough math, the deal may not have enough spread unless the IRS issue can be handled cleanly. From what I understand using AI, there are a few possible paths: 1. Certificate of Discharge — remove the IRS lien from this specific property so it can sell, while the taxpayer’s IRS debt may still remain. 2. Lien release / expiration — if the collection period expired or the IRS failed to refile before the “Last Day for Refiling.” I think they expire in 10 years unless renewed. 3. Payoff through closing — assume the IRS gets paid what its lien position is worth. 4. Offer in Compromise — possible in theory, but likely slower and taxpayer/estate-specific. My main question for people who have actually worked these: How do you handle IRS liens operationally when underwriting dirty-title deals? Do you usually: 1. treat the IRS amount as a hard payoff at closing. 2. try for a discharge from the specific property or an offer in compromise. 3. wait for expiration/self-release 4. or just kill the file unless the spread is still strong after paying the IRS? I am not assuming the IRS “settles cheap.” I’m trying to understand what the practical playbook is so I don’t waste time on files where the IRS lien kills the economics.