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Lesson Learned: What a Failed Deal Can Teach You

January 26, 2012 by Scott Costello 8 Comments
LessonsLearned-Debt

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 [...]

Filed Under: All, Blog, Featured, Lessons Learned Tagged With: Deal #2, lesson learned

Marketing Monday: Planning Out My Year

January 17, 2012 by Scott Costello 2 Comments
Marketing_Monday_Schedule

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 [...]

Filed Under: All, Blog, Featured, Marketing Tagged With: direct mail, planning

Recharging the Batteries and Getting the Motivation Back…Check!

January 9, 2012 by Scott Costello 5 Comments
recharging and motivating

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 [...]

Filed Under: All, Articles, Blog Tagged With: baby, motivation

SI Lead Manager – Beta 5 has been released!

December 29, 2011 by Scott Costello Leave a Comment
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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 [...]

Filed Under: All, Articles, Blog, Featured, Lead Tracker, Updates Tagged With: Beta 5, SI Lead Manager

Email Question: What Do You Think About Mentors?

December 22, 2011 by Scott Costello 1 Comment
3D rendering of a question mark connected to a computer mouse

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 [...]

Filed Under: All, Articles, Blog, Featured, Tips for 9-to5ers Tagged With: Coaching, email questions, mentors

Marketing Monday: All Time Funniest Response

December 20, 2011 by Scott Costello 8 Comments
Marketing_Monday_Response

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 [...]

Filed Under: All, Blog, Featured, Marketing, Unhappy Sellers Tagged With: Responses

Deal #2 Update: How Patient Are You?

December 15, 2011 by Scott Costello 9 Comments
Deal_2_ContractCancel

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 [...]

Filed Under: All, Blog, Deals, Featured Tagged With: Deal #2

Marketing Monday: Bad Results

December 12, 2011 by Scott Costello 3 Comments
Marketing_Monday_ChangeColors

During November I started to experiment with the envelope that I was using to see if I could increase the number of responses I could get.  I was expecting at worst similar results to what I was getting with my white envelopes, which is about 10% response rate.   It’s been roughly 30 days since [...]

Filed Under: All, Blog, Featured, Marketing Tagged With: Envelopes, Marketing

Marketing Monday Will Be Interrupted By The Following Announcement

December 6, 2011 by Scott Costello 14 Comments
Deal_2_ContractCancel

I’m going to postpone Marketing Monday for another day because I’ve got an announcement to make….. Deal #2 is under contract! My partner did some great negotiating and as of yesterday (12/5/2011)  we have a signed contract for purchase.  As with the first deal I don’t want to divulge the details until it closes and [...]

Filed Under: Accepted Offers, All, Blog, Deals, Featured Tagged With: Deal #2

SI Lead Manager Beta 5 – Almost Ready

December 2, 2011 by Scott Costello 8 Comments
SI Lead Manager Beta 5

I’ve been using Beta 5 for about 2 weeks now and have been loving it.  I’ve managed to work out many of the bugs during my testing.  There hasn’t been any major problems and everything is working the way I’ve intended it to.   There are still a few more areas of the program that [...]

Filed Under: Blog, Featured, Lead Tracker, Updates
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How I Learned

  • Flip This REO! eBook
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Blogroll

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  • Craig Fuhr's SurReal Estate Success!
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Recommended Reading

  • SPI 023 : More Traffic, More Engagement and More Action with Corbett Barr from ThinkTraffic.net
    Published: July 11, 2011
    Source: The Smart Passive Income Podcast: Online Business | Blogging | Passive Income | Lifestyle
  • Women Overcoming Culture & Poverty to Build Businesses
    Published: July 12, 2011
    Source: Life as Real Estate Investors
  • Tony Robbins Very Powerful Message
    Published: May 15, 2011
    Source: Craig Fuhr
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