Real Estate License Stuck In Limbo

Scott CostelloAll, Blog 7 Comments

Last week I found out that my mls access had been suspended for some reason unbeknownced to me.  I tried to contact them last week by email and phone but couldn’t reach anyone because of some strange holiday hours.  This was kinda pissing me off because I had just paid the $450 North Central New Jersey Realtors association fee so my account wouldn’t get suspended. When I spoke to the NCNJRA yesterday I found out that they did have my license …

Marketing Monday: How To Categorize This Caller?

Scott CostelloAll, Blog, Marketing 5 Comments

Working a full time job during the day makes it impossible for me to answer most of the phone calls I get from people responding to my direct mail marketing.  Not only that, but finding the time to return all the calls is near impossible as well.  There are lunch times, or while you are cooking dinner or before going to the gym.  How many calls can you actually return in a given day before 8pm?  Not a lot, at …

What A Pain!

Scott CostelloAll, Blog Leave a Comment

Over the past few weeks, pretty much the entire month of April, I haven’t logged into the MLS at all.  Lance has access as well and he’s been sending me the comps for properties that we’ve needed to get the ARV on and I’ve been concentrating on getting as many mailers out as possible. Well today I went to log in and I was greated by this message…. Your account is currently suspended.  Please contact GSMLS for further information I …

Must Read Blog Posts & 36 Days Down

All, Blog, Top Blogs 2 Comments

I am actually having a little bit of writer’s block today so I decided to link to some of the best blog posts I’ve read the last few weeks.  One of the best ways I know of at getting your mind focused and thinking outside of the box is to read other people’s thoughts.   If you get the chance, read some of the posts below and tell me what you think. Great Blog Posts That I’ve Read This Week …

Must Read Blog Posts & 36 Days Down

Scott CostelloAll, Blog, P90x, Top Blogs 2 Comments

I am actually having a little bit of writer’s block today so I decided to link to some of the best blog posts I’ve read the last few weeks.  One of the best ways I know of at getting your mind focused and thinking outside of the box is to read other people’s thoughts.   If you get the chance, read some of the posts below and tell me what you think. Great Blog Posts That I’ve Read This Week …

Marketing Monday: Dealing With “Those” Calls

Scott CostelloAll, Blog, Marketing 3 Comments

I get about 10 calls a week from my direct mail marketing and almost with out fail the callers have been nice.  I’ve counted myself lucky so far as the harshest of calls has been the person who asked me “what kind of scam I am running“.  Another not so pleasant response was a guy who mailed back my letter with large words written in sharpie saying “Get a Real JOB!” Sending out letters to people going through probate can …

We Heard Something That We’ve Never Heard Before

Scott CostelloAll, Blog 10 Comments

Lance and I have been having pretty good success with getting the phones to ring from our direct mail marketing.  This represents and huge step forward from where we were back before the new year.  On average we are getting 10 to 15 calls a week and the amount is only limited by the number of mailers I can afford to send out. Out of the all the callers, we end up looking at about 2 or 3 houses a …

Real Estate Investing Websites Tip #3: Picking A Host

Scott CostelloAll, Blog, Websites 2 Comments

The Web Host is where all your websites will be stored and served to your viewers.  Without a host you cannot create a website.  Over the years I’ve tried out a few web hosts and have settled on 1and1 for now.  It’s been very reliable and has allowed me to do what I’ve needed.    Other hosts I would highly recommend are Hostgator, Bluehost and HostMonster. They all offer similar packages so choosing just comes down to personal tastes, feel and …

Marketing Monday: Driving For Dollars

Scott CostelloAll, Blog, Marketing 13 Comments

Up until this point, my marketing campaign has consisted of strictly Out of State Owners. I’d gather the leads from the tax records and mail those leads.  The call response rate has been very very good and it’s only a matter of time before I get a deal of those.  When it comes to Out of State Owners there is one short fall, you will eventually run out of leads to mail to.  There are only so many towns and …

A Typical Day For An Investor Who Works A Full Time Job

Scott CostelloAll, Blog Leave a Comment

Yesterday was one heck of a busy day for me, but not really any more busy then my other days.  As I planned out my day today I thought I would give you all a run down of what my days usually consist of.  For the most part, they all follow the same structure these days and let me tell you, it has really helped me get stuff accomplished. 6:20am – Wake up and get ready for work 7:20am – …

Marketing Monday: My Yellow Letter Process

Scott CostelloAll, Blog, Marketing 18 Comments

Putting together the mail pieces for out of state owners definitely takes up a decent amount of my time during the week.  However it is a great thing to do late night when it’s to late to make phone calls and you want to wined down.   After going through the process for 2 months now, i’ve tweaked and perfected what works best for me.  Here is my routine… 1) Download the out of state owners list from the tax records. This …

Real Estate Investing Websites Tip #2: Domain Names

Scott CostelloAll, Blog, Websites 3 Comments

Something so simple, yet so frustratingly annoying.  Picking a website domain name (a domain name is the web page address, i.e. strugginglinvestor.com) has taken me any where from a few seconds to a few months.   In this post, I am going to share what I’ve learned about picking a domain name.  I’ve got some tips, tools and some guidelines to help you get a good name and help you rank higher on search engine results. Guidelines Get a domain …