Struggles of a First Time Investor

Investing in Real Estate is almost never easy and many times you learn your most valuable lessons by deals that have fallen apart. The only real hope is that these lessons are not expensive ones, but many times they are. You can have all the mentors you want or have packed your brain with as much knowledge as possible and that still doesn't mean you will escape the school have hard knocks.
My Lesson
Deal #2 is officially dead! After 2 weeks of calling the sellers trying to figure out …
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This year is going to be a hectic one for sure, so one of my early goals was to create a schedule for all my mailings this year. Last year I basically decided what to send out at the beginning of the week. I'd sit at home on Monday night and figure out how many mailers I wanted to send, see which of my current lists needed a 2nd or 3rd mailing and create those. If there weren't enough, I'd pick a new town, pull that list and create that mailing. Some weeks it was harder then others to …
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Have you had a tough time managing your leads using Excel?
Did you find that other lead management software is just too Expensive?
Have you tried SI Lead Manager – Beta 4 and found it too confusing?
If you’ve answered Yes to any of the above questions, then you need to get SI Lead Manager – Beta 5After working hard for over 7 months, SI Lead Manager Beta 5 is finally ready for release. The interface has been completely redesigned in order to make it a more user friendly and …
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I've been asked quite a few times what I thought about getting a mentor or finding a coaching program. The main concern for those that are asking is it worth the money to join the flip vips or other coaching programs offered by various people. Most recently one of my blog readers Zac asked me this very question and after I took some time to reply to his email I thought it would be a great idea to post my answer here.
My Answer to the question...What I think about mentors and coaching …
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One of the risks with sending out direct marketing letters is that you are going to piss people off. You shouldn't take these people to seriously or feel bad that you pissed them off though. This is because I can guarantee that they were pissed off way before getting your letter. Sometimes they will call you up to tell to say that you are the scum of the earth and sometimes they will write you a letter like this one...
You wondering what it was written on like I …
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How much patience should one have? I have plenty of patience and don't mind waiting these people out, but is that always the best way? I'm glad our first deal went very smoothly or else I would think all deals are like this current one. Below is the time line of events and shows how sketchy these people can be. To me a lack of communication is the most infuriating thing.
September
The beginnings of Deal #2 happened September 15th when we got a call from the seller …
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January 26, 2012 By Scott Costello 2 Comments
Investing in Real Estate is almost never easy and many times you learn your most valuable lessons by deals that have fallen apart. The only real hope is that these lessons are not expensive ones, but many times they are. You can have all the mentors you want or have packed your brain with as much [...]

January 17, 2012 By Scott Costello Leave a Comment
This year is going to be a hectic one for sure, so one of my early goals was to create a schedule for all my mailings this year. Last year I basically decided what to send out at the beginning of the week. I’d sit at home on Monday night and figure out how [...]

January 9, 2012 By Scott Costello 5 Comments
I’m a big believer in taking some time off to recharge the batteries. I’m not talking 1 day here and there either. If you are anything like me, that really does nothing for me because my mind is still thinking about real estate on that day off. I like to take about 3 weeks [...]
March 24, 2011 By Scott Costello Leave a Comment
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 …
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October 18, 2011 By Scott Costello 2 Comments
This will probably come as a shock to people who have been reading my blog for a while. I've written countless articles about creating websites for your real estate investing business saying that you should create a websites, squeeze pages and blogs. I still agree with that but only in the right …
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February 4, 2011 By Scott Costello 4 Comments
Real estate investing is full of road blocks for sure and I just ran into one that sort of blindsided me. Yesterday afternoon I got an email from my probate list supplier informing me that he will no longer be able to give me the probate list I've been getting. Ah CRAP!! (actually what I …
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