Get out Get out Get out!

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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 …

Open Houses

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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 …

Under Construction

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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. …

Vacation Pictures

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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… …

Great Discussion at ReiPlace

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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

Back from Vacation

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I don’t have anything new to post about except that I am back from my shore vacation in Wildwood Crest, NJ. It was fun, had the whole family down there with us which is always nice, 10 people in all. We all get together very well so there is never any drama. I’ll post some pictures when we get them uploaded. My goal for this week is to go to a new REI group meeting on Wednesday and also create …

Up and Running…but that’s about it

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I managed to get my website up and running (weBuyNjProperty.com) but I have no content on it yet, that will be for next week and the week after to do. The whole process of registering the new domains, signing up for the hosting service and then pointing the domains to the new hosting service is never “straight” forward, but was much easier then I remember. The killer is that since it always takes some time for the internet to propagate …

IBuyNJProperty

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I took one step forward yesterday and bought a couple domain names so I can create my investor website. I purchased them from GoDaddy and found a coupon code (OYH3) to knock the price down to $6.95 per domain. It took me a few days to figure out some decent word combinations to get a domain name I liked. Well tell me what you think… sjCostello.com iBuyMorrisCountyHomes.com iBuyNJProperty.com webuynjhouses.com I like’m, and I came up with a few others as …

Finding Leads

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Yesterday I found the site for New Jersey that published the Public Notices and also the county clerks office as well as another site that will be help full… Public Notices Document Searches Morris County Clerks Office I played around with the sites and find a lot of Foreclosures and Notice of Defaults. Not sure how to tell the difference between the two yet but I’ll figure it out. I’d like to be able to produce my own leads by …

Last Baseball Sunday…maybe

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Well, I could possibly have played my last baseball game. We won our first round playoff game 2-1. I pitched and managed to throw 9 innings and give up 5 hits and 2 walks. Not to bad, the game flew by though. Next week I’ll be on vacation in Wildwood Crest, NJ for my family’s annual summer trip so I’ll miss the semifinal game. I’ve also got to buy my wife a birthday present, her bday is on the 18th …

Negotiating

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Just a post i read over at reiclub that is good information about negotiating a deal. There is an old saying “You don’t make your money when you sell the home, you make your money when you buy”. From my experience that statement is about 50% true. Your ability to negotiate can end up playing a huge role in how much money you will make on a deal. Learning how to negotiate with sellers and buyers will be one of …

Reader, Twitter and Investor Words to Live By

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I discovered Google Reader today, which is great for keeping track of all your RSS feeds (Blogs and news sites). So spent the morning messing around with that, it’s great and will allow me to read all my blogs in one spot. I also messed around with twitter for a little bit, looks promising but I just have to figure out how to effectively use it to help me network. That’s about all I did today, so I’ll leave you …

Bubble Bobble we all fall down

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I came across this today and wanted to share. It is about how housing and the economy are intertwined and what is actually happening now that is causing the housing bubble to burst. If you are interested in real estate investing this is a must read. Bursting Bubble

BP Rev 1

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I finished my first revision of my Business Plan yesterday. There are some parts I’m not sure of, for instance do I write it if I was a company? I used Costello Home Buyers. Or should I write it in the first person? If anyone out there can lend me some advice that would be great! I will say it does really make you think about what you are getting yourself into. To write a complete business plan you have …

I forgot it was sunday!

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I usually have baseball games from noon to 5 on sunday (I pitch), but yesterday the games were canceled. I found this out Saturday night so I was like cool I can spend some time with my wife before she goes to work, which I did. As usual on Sundays I went to my mom’s house for dinner and she asked me if I had gone to any open houses today because she noticed a lot of them. DOH!! I …