The Most Underrated Part of Being An Investor

Scott Costello All, Blog, Featured 2 Comments

One of my best friends is in the process of buying a house and he currently is in need of a structural engineer to analyze a 250 year old barn that is on the property. Who the hell knows a structural engineer?  I work for an engineering company that builds power plants and I still don’t know a structural engineer.  Asking around, I think my company only has 1 of them right now but he doesn’t do houses.   I …

Why am I getting Homework?

Scott Costello All, Blog 12 Comments

What a busy week this has been!  I had barely any time to rest and relax between working my full time job, having to put my mailers together (106 this time), going to real estate meetings on Wednesday and Thursday and with school starting up and traffic season commencing, it took me forever to get home from work and to the REI meetings.  I dislike this time of year on so many levels…. End of Summer School Starts (I know …

Does Networking Really Pay Off?

Scott Costello All, Blog 7 Comments

By reading the title  you probably thought that I had a deal come my way through my networking channels.  Unfortunately that is not the direction this post is going to take.  What I’m getting at is that I can officially say I have a coach. Over the summer I’ve continually offered up my website development “skills” at my real estate meetings in order to help myself build relationships with other successful investors.  Almost immediate Jon Zorrer (the organizer of the …

How am I doing? 2nd Quarter Progress Report

Scott Costello All, Blog 16 Comments

Every 3 months or so I like to go back and take a look at what I’ve accomplished.  It’s a good way to see how I have progressed in my quest at becoming a successful, full time investor.  This exercise really helps me figure out if I’ve been spending my time on tasks that will lead to my goal or if I am wasting my time.   I’m going to run a two part review, one for my real estate related …

Solving One Problem at a Time

Scott Costello All, Blog 10 Comments

This past week I made some positive strides which should help me out greatly in the long run.  What helped me most was when i took a few minutes early in the week to identify a few problem areas that have been hindering my progress and then came up with a “solution” for these problems. Just like Alcohol Anonymous and their 12 step program, the first step to solving a problem is admitting to yourself that you have a one.  …

First Meeting of the NNJREIG

Scott Costello All, Blog 4 Comments

Not sure if there is an official name for it yet, but last night Bruce and I joined about 10 other real estate investors in the back room of a diner to meet, network and talk about REI.  I’m going to dub this the Northern New Jersey Real Estate Investors Group…Sound good? It was good to see Bruce again, as we have only really talked on the phone since meeting about 2 years ago at the flippinghomes.com forums.   I …

How to Actually Network? Answered!

Scott Costello All, Blog 15 Comments

This week has been a banner week for me in terms of networking.  I usually do most of my networking on the computer, which is fine and all but it really doesn’t have the same affect as shaking someone’s hand and sitting down with them for a few minutes to talk.  I am starting to realize this and will continue to work at getting out of my shell and literally talk with fellow investors. Recap of my Networking this week… …

5 Things I Must Improve On as an Investor

Scott Costello All, Blog 12 Comments

A post by Carey over at Goin’ Flippin’ Crazy inspired me to analyze where I stand right now as an investor and what has been holding me back.  Taking a close look at yourself is never easy and takes practice before you can really step back and honestly evaluate. What is helpful for me is to compare myself to someone more successful and then do a comparison of what has made them a success and what I have done in …

Hard, Smart and Consistent

Scott Costello All, Blog 2 Comments

I never realized how much real estate investing related things I do on a daily basis, that is until I came back from vacation.  It is very hard to catch back up.  I read blogs… FlipthisWholesaler.Net 123flip.com goodfaithinvesting.com 100buckschallange.com bloggertips.com sahmrealestateinvestor.blogspot.com KellyFlippinCali.blogspot.com and more! I also spend a good deal of time on forums reading up on the latest news, getting great tips about investing and marketing as well as asking any questions I have.  These forums are a daily/weekly …

D.D.I.Y. (Don’t Do It Yourself!)

Shae Bynes All 2 Comments

If you’re like me and working a full time gig while building your real estate business, it is critically important to figure out how to leverage others and maximize the limited time that you have. Quite honestly, this is important regardless of your available time because that’s the point right?  You’re doing real estate investing in order to free up time for personal interests, time with family, traveling, community work, or whatever else is most important to you. I know …

First Offer House Pictures

Scott Costello All, Blog 4 Comments

I went and looked at that house last Thursday and met with the Realtor, Mike.  He was a really nice guy and it turns out he had done a some investing when he lived down in Florida about 7 years ago.  Sounds like he was down there during the boom.  He works with a lot of other investors as well and his broker, Ian is a wholesaler on the side.   Mike had Ian call me on Saturday.  We discussed what …

Tell me it’ll be ok

Scott Costello All, Blog 4 Comments

I don’t know what is happening but my schedule the past few weeks has been really messed up.  For the longest time I’ve been able to keep a solid routine of work, excersize and investing.  Lately I’ve been all over the map and I think I’ve just been trying to crame to much into my days, who knows.  Sunday has usually been my day to really get investor stuff done, but with the spring and summer coming things like Fathers …

I will succeed today….

Scott Costello All, Blog 4 Comments

This week is going kinda slow and my real estate activity is a bit down as well.   Tomorrow I will be headed over to the Mt. Pleasant house to meet my realtor and take a look at the place.   I’m going to use the check list from Wholesaling for quick cash to mark off things that need replacing and updating.  Basically I will be checking The roof kitchen bathrooms any mold any water in the basement or leaks from the …