Guest Post: Helpful Information From Ron Mead

Scott CostelloAll, Blog 3 Comments

As most of you who have been reading my blog know, I started off in probate investing by following Ron Meads “31 Days to Profit in Probate Investing” course.  It’s one of the simplest and best probate courses out there and really does throw all the minutia to the curb and focuses on just what you need to to get started. Ron was nice enough to write up a short article for you guys/gals about getting over some of the fears of …

Top Blogs: 7 Must Read Rei Information Blogs

Scott CostelloAll, Blog, Top Blogs 34 Comments

To continue my Top Blogs series, today I will be bringing to your attention 7 Real Estate Investing blogs that I call Information Blogs. These blogs are run by outstanding people who invest, but choose to provide high quality investing tips and other information needed by today’s investors. Best of all, these people provide the information gratis, free for all.  Sure these blogs will offer products for sale that they have created or other products that they fully endorse but …

Probate Monday #6 – What to say when they call?

Scott CostelloAll, Blog, Probate Investing 10 Comments

For me the scariest thing about sending out marketing material is what to actually say when a lead calls.  When I was sending out pre-foreclosure mailings last year, there were many times I would hear my phone ringing and just freeze when I saw the number wasn’t one I recognized.  It pissed me off to no end that I was wasting my money and time by not answering the damn phone! This is a huge step for me, as I’m …

Probate Monday #5 – Make Money From Your Leads

Scott CostelloAll, Blog, Probate Investing 14 Comments

Since this is a short week thanks to the Thanksgiving holiday, I figured it would be the logical spot to review what we have done so far.  I will also give everyone a great tip I got from Nick Johnson. Another reason why I’m not moving forward just yet is my probate list is scheduled to arrive until the end of this week.  My source is currently gathering the information from the court house.  In my county the information is …

4 Important keys to a Probate Letter

Scott CostelloAll, Blog, Probate Investing 13 Comments

Before I get started explaining how I am going to construct the letter (if i wasn’t using the one in Ron Mead’s course) I want to touch on a specific situation you’ll come across when looking through the probate files.  When one of the surviving heirs is a wife, husband or someone who has the same address as the deceased.  Here is a situation that I have run into… Spouse dies and the Personal Representative lives at the same address …

Probate Monday #4 – Is Real Estate Involved?

Scott CostelloAll, Blog, Probate Investing 14 Comments

Probate Monday #3 – Update With the help of Jon Zorrer from REITvShow.com, who pointed me to a good friend of his, I was able to get my probate leads.  His friend mines all of New Jersey for probate leads and sells the in counties that he doesn’t invest in.  As luck would have it, he did not invest in Morris County and was happy to sell the leads to me for $97 a month.  A $3 savings from USProbateLeads.com. …

Probate Monday #3 – Creating Your Lead List

Scott CostelloAll, Blog, Probate Investing 4 Comments

Update for Week #2 – Finding the Public Notice Newspaper First I wanted to update my status for week #2, Finding the Public Notice newspaper for my county.  I got a lot of evidence pointing me towards the Daily Record and found a great website that allowed me to search all the public records in Morris County *for participating newspapers.   This lead me to to call the Morris County Surrogate’s office last Friday in order to get a more definitive …

Probate Monday #2 – Finding the Public Notice Newspaper

Scott CostelloAll, Blog, Probate Investing 13 Comments

I’ve decided on which area I will be focusing on to find probate leads (Morris County) and now it’s time to do a little detective work and uncover which newspaper contains the public notices. Let me explain as to why we want to find the public notices.  A decadent (the deceased) still has bills and outstanding debts that must be paid.  These creditors must be notified of the persons passing in order to give them an opportunity to submit a …

Probate Monday – Week #1 Update – Ron Mead

Scott CostelloAll, Blog, Probate Investing 5 Comments

I did a little research and decided that I’m going to concentrate on one county, Morris County.  Below are the following stats that I got from Quickfacts.Senses.gov.  I wanted to make sure the population numbers could provide me with enough probate leads and it definitely can.  Take a look at the below stats… Morris County Stats Population: 487,548 Persons 65+: 12.9% Housing Units: 184,618 Home Ownership: 76% Median Household Income: $94,556 Person’s Below Poverty: 4.1% Persons per square mile: 1002.6 …

Probate Monday – Finding the Deceased – Part #1

Scott CostelloAll, Blog, Probate Investing 11 Comments

Welcome to the first installment of Probate Monday.   I am currently reading Ron Mead’s 31 days to Profits in Real Estate Probate. Every Monday until I have succeeded in finding a deal I will be posting a step I will be accomplishing that week.   I know Ingrid is working her way through the course as well and I’m sure we both wouldn’t mind some company to help each other along.  If you choose to take this challenge I’d love …

MLS Access at Last!

Scott CostelloAll, Blog 13 Comments

My long search for a broker continues to go on, but I some how managed to get access to the MLS!  A friend of mine who is an agent recently got up and running on the gsmls (my friend previously only had access to the njmls) and offered to let me use until I got my own access.   Even though I’ll only need it for a week, it’ll be great to finally be able to see behind the curtain. I …