First Look at a house

Are You Looking For All Of These Items When Driving By?

Scott Costello All, Blog, Featured 2 Comments

My partner and I market to a wide part of New Jersey, covering over 6 counties. Because of this we don’t really know the areas as well as we should. The ideal scenario is only marketing to areas that you know like the back of your hand and can pin point all the pockets of profit and disaster. To make sure we avoid the bad areas, we have to drive by the houses and look around the neighborhood. This gives …

Who’s Afraid To Make An Offer?

Scott Costello All, Blog 5 Comments

I’ve recently gotten off track with my Probate Monday posts, but the recent lead I’ve been working is a probate lead so I give you Probate Monday On Friday… After figuring out the repair costs for the Tall Timber house I had one last thing to do and that was actually call Jim (the owner) up and make the offer.   I haven’t made to many offers in the past so there are still some nerves, but I was pretty …

MLS Offer Week: Contacted Agent

Scott Costello All, Blog 1 Comment

Sorry for the long delay in my MLS Offer Week series.  I was all set to call up the agent last week and make my offer, but I wanted to go over my comps with my investor friend Bruce. Finding the right comps is key in coming up with your starting point in coming up with an offer.  The comps will give you concrete evidence of what the property is potentially worth after being fixed up, also known as After …

MLS Offer Week: The Offer is Going Out Too…

Scott Costello All, Blog 16 Comments

After examining all the contestants, the property that stuck out most to me was 74-76 Mills St in Morristown. Here is a link to the MLS listing for the house and the comps MLS Listing for House and Comps Here is some more information I found out about the house Additional House Information from the Tax Records Owner’s Information Owner’s Name RAMSEY, POLLY/JOSEPH JR Owner’s Street 74-76 MILLS ST Owner’s City,State MORRISTOWN, NJ Owner’s Zip Code 07960 Bank Code 00000 …

Probate Monday: Inching Closer and Closer

Scott Costello All 7 Comments

New Probate Leads In Hand Last week was a pretty good week.  I got my new list of probate leads from my source and was even able to talk with the owner on the phone for about 45 minutes.  He gave me some great advice for marketing to probate leads and is an overall good guy.  Some of his tips he mentioned to me he said he had never told anyone else before.  So in honor of that I’ll keep …

I made an Offer

Scott Costello All, Blog, Probate Investing 12 Comments

As I said at the end of my post yesterday, I was going to call up Caller #1 and make an offer.  Having never done this before I was really unsure how to go about doing it, but after some deep thoughts I came up with a good strategy. First I wanted to sound like I was trying to get him the best price possible. I did this by apologizing for taking a few days to get back to him, but i …