Part 8/10:
The YouTuber notes that, despite the extensive work needed, the value of his property has increased tremendously over time. He advises that estate planning—such as making sure wills are in order—can prevent properties from ending up in probate, which might be costly or lengthy for heirs.
On the flip side, for savvy investors or buyers willing to do repairs, probate sales can be an excellent opportunity to acquire homes at below-market prices in desirable locations, especially in small towns or rural areas.