Struggling Investor Blog

Yesterday I got a chance to actually go to an REIA meeting. It was the first one I’ve been to all summer, and I’m not exactly sure why. It was good, but it reminded me that the reason why you should go is not for the pitch fests but to network with the other investors. From my experience there aren’t a lot of successful investors at these meetings, mostly people just starting out. The real investors usually show up at …

Sorry I didn’t get a chance to post my usual Monday entry. I was busy all day with work at my JOB and then doing more work for my brother when I got home. This past Sunday I was able to hit 7 open houses! I’m definitely getting more comfortable talking with realtors/agents. I can tell, because I’m spending more time in the houses. This is good because you get to talking about the market and can then get a …

I recently found out that my friend’s father is a Real Estate investor, I think I knew this growing up but forgot some where along the way. So Hank, my friend, sent me his father’s contact information. Now the ball is in my court. I’m gonna contact him and see if we can meet up, but what do I ask?? I posed this question on the flipping homes messages boards…. As a beginner, what should I ask a seasoned investor …

I added my first buyer to my list on sunday and he definitely is a serious buyer! I went to an open house that was new construction. As my wife and i were talking to the realtor we found out she was the wife of the builder who built the house. We started talking as we walked through the place and she was telling me all the houses her husband has built and is currently building. As we were talking …

I’ve mentioned in the past how I have been taking my dog, Jack, out for walks around the different neighborhoods in my area in an effort to learn the streets and get to know the area as best as possible. In some lower level neighborhoods it might be easier to spot vacant houses because the grass is not cut or there are news papers piling up in the driveway, basically you look for un kept houses. In the town I …

I was reading up on Fadi’s website about marketing and he mentioned a few names who are synonymous with the topic. Dan Kennedy and Gary Halbert. I looked them both up on google and found a great site from Gary Halbert. Gary use to write a very popular newsletter about marketing that you could of signed up for for a fee, but before he passed away made those news letters available to everyone. Here is the site… Gary Halbert’s News …

One of the hardest parts about learning and continuing to move forward into Real Estate Investing is staying motivated. I’ve posted about this before but it continues to rear it’s ugly head. One way I’m finding that helps is surrounding yourself with like minded people. This is tough when you are first starting out because most people you know will have your typical 9-5 JOB and don’t know how to invest in Real Estate. If you are reading this you …

I’m constantly debating with myself whether I should just bite the bullet and buy a list of leads from one of these guys Info USA USA Data Melissa Data I got one quote from a company and they quoted me $0.24 per lead with a minimum of 3000 leads. For the math challenged that is $720. I’ve also heard that there are local companies that put out these lists, but I haven’t found any yet or really know where to …

Went to look at 2 open houses over labor day weekend. There wasn’t much going on as to be expected, but I was hoping for more. The first house was on a main street in Morris Township, was built in 1918 and had hardwood floors through out. It was a nice place, the floors were very creaky upstairs and in the finished attic(sp??). They were asking 475k and since it was the first house I’ve looked at in Morris Township …

Yesterday was a normal day for me since I started learning about real estate investing. I did my usual reading of the posts on… ReiClub and ReiPlace …forums. I do this every day and it’s amazing how much free and valuable information you can get! Visit those sites daily if you want to learn. I usually work on my website while I’m at my JOB but needed to do some actually JOB related duties so I figured I’d just work …

Why does doubt creep into your mind as if out of nowhere? Every once in a while this rush of anxiety will rush through my body. I guess it’s just the fear and uncertainty that the next step in my evolution to become a Real Estate Investor is. There is no more studying that I can do, there is no more pondering where I should start, there is only one thing in front of me now. That is getting that …

On my first baseball free Sunday I took my wife to go see 4 open houses. Was sort of like killing two birds with one stone, I continued my goal of seeing 100 open houses and also my goal to spend time with my wife. It helps that all the open houses are in areas my wife and I want to eventually buy a house. I can definitely see how going to 100 open houses will help in gaining knowledge …

I’ve been working on my website the last two couple days. After buying the Theme from Revolution I have been pretty much just figuring out where things are and how to effectively update it. It’s not to hard but it’s a slow process at first. Take a look if you have the time WeBuyNJProperty Yesterday I decided I was going to take my dog for a walk around town a little bit to look at the homes in the area. …

Here are the pictures I promised of my vacation last week….hope you like them The Condo We Rented which is 3 blocks from the beach… Mom and Dad (In the back), Brother Joe and Fiance Alicia (Right Middle), Brother Tim (Middle), his wife Jen (Left holding two kids), Josh and Addie(The two kids), Me (bottom right) and my wife Valarie (Bottom Left). Addie on the Beach Val and me on the beach.. Some places we spent alot of time at… …

I was reading a thread at one of the Rei forums I visit everyday. The thread talks about loan modifications and how you can make money doing them or even just helping out a home owner. It also includes a GREAT example of a Hardship Letter. Have a read Loan Modifications and Hardship Letter