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All Forum Posts by: Brian Szucs

Brian Szucs has started 1 posts and replied 9 times.

Post: Yet another new kid on the block from Princeton, NJ

Brian SzucsPosted
  • Homeowner
  • Princeton, NJ
  • Posts 9
  • Votes 3

@Amanda Young

Ahh, great point, thanks. I do need to get better at content for humans. Being a current software developer I am isolated a lot and do not write sentences to people, I rather write sentences to a computer and they act totally different, can you believe the nerve??? I should send them to the Da KrakenWagen. (Sorry, I was at an Octoberfest party and they were playing those "How German Sounds Different than Other Languages" videos. (Ok... "They" is ME). But they are hilarious;

Enjoy

Brian

@Amanda Sutherlin  Thanks, you know I'm a software developer and still I didn't realize how to reference you. It was actually a combination of being so deep into reading posts and not about "how to use this site" so I got it now. 

Thanks, didn't even realize the pod casts yet but I will get on that right now.

Brain

Post: North Jersey beginner

Brian SzucsPosted
  • Homeowner
  • Princeton, NJ
  • Posts 9
  • Votes 3

Thanks for this information. @Mike D. I am not currently "investing" but I am going to be attending the Summit meetings from now on, so I am going to connect to you. 

Brian

Post: Yet another new kid on the block from Princeton, NJ

Brian SzucsPosted
  • Homeowner
  • Princeton, NJ
  • Posts 9
  • Votes 3

Ahhh, thanks for that insight @Mehran K. I guess I wasn't considering that because there is soooo much reading to do here it would just become second nature but for an introduction, I can see that point clearly. 

Brian

Post: Yet another new kid on the block from Princeton, NJ

Brian SzucsPosted
  • Homeowner
  • Princeton, NJ
  • Posts 9
  • Votes 3

Thanks @Mehran K. I think this site is going to be the equivalent of Facebook for my wife. Way too much information, I am going to get in trouble for not finishing my day "job" work. 

Brian

Post: Yet another new kid on the block from Princeton, NJ

Brian SzucsPosted
  • Homeowner
  • Princeton, NJ
  • Posts 9
  • Votes 3

I am completely serious and want true and constructive feedback. 

I have noticed I am the only new member within the past hour or so that hasn't gotten a single response and I seem to have this problem in life also and figure there are some brutally honest people on here that can help. 

Do I come across in a distasteful way? 

What can I focus on that may make me more likable?

Do I sound too green? 

Too overconfident? 

Did I miss/break a rule? 

I apologize if I did and I am not kidding, constructive feedback is the only way I can learn. The only world I know is in my head and boy its a doozie!

Brian

Post: Twenty Tips for Making Offers on Freddie Mac REO Properties

Brian SzucsPosted
  • Homeowner
  • Princeton, NJ
  • Posts 9
  • Votes 3

I have a question, I've read in a few places to ignore the listing price and that you really need to consider the After Repair Value (ARV) and subtract your rehab estimates etc.... I am looking at a few FM REO's in central NJ . One has a really good recent comp nearby for 260k and they listed this house at 254k yet it needs about 90k in repairs to become a true comp to the other. Are they just nuts? Or is there truth to the "ignore list price"

Brian

Amanda, I just want to say yours is the first full thread I've read, (as I just joined) and you have just inspired the living s^%t out of me. I saw one poster did point out that you did this while having a full time JOB, full time MOM, and you still pulled the trigger. 

Thank you. That's all I can say right now but I feel extremely inspired and I am going to bookmark this thread to review if I ever doubt myself. 

Brian

Post: Yet another new kid on the block from Princeton, NJ

Brian SzucsPosted
  • Homeowner
  • Princeton, NJ
  • Posts 9
  • Votes 3

Hi, my name is Brian Szucs and I am finally taking the plunge into real estate investing. But first what I am currently doing. I am a software engineer and have been for the past 17 years. I make what other consider "good money" but I just do not like working, never did. Let me be specific, I do not like working for someone else on their terms, no, actually I don't like the entire idea that I HAVE to work. I originally started my self improvement venture 17 years ago when I first entered the software/IT industry with How to Win Friends and Influence People. From there it was on, I was addicted, I listened to all of Tony Robbins courses, Think and Grow Rich, The 7 Habits of Highly Effective People etc... but it wasn't until I finally read Rich Dad, Poor Dad in which I questioned the whole "work" thing. I then read or listened to all of Robert Kiyosaki's books/CD's as well as purchased Cash Flow, joined my local investment club, went to meetings and was primed and ready back in 2003 but was too fearful to make a move. I listened but still didn't take action. I had gotten my real estate license, attended even more seminars, such as Dave Lindahl's Apartment House Riches, (Which is one strategy I am very interested in) had great credit and even cash on hand but was too fearful of making a huge mistake. I also made too big of goals that started out of my comfort zone. I think I did this because of Tony Robbins saying shoot for the stars. I've done a lot of maturing since then and realize I should have just started as small as I could. And now, I have a perfect role model that I know. I watched a good friend go from struggling to being 100% financially free and he is my inspiration. I know this market may not be the same as then but I have learned, and continue to learn, that there is money to be made and the most buck for your time is in real estate. Commercial is my end goal but I am ready to start small, slow and calculated. I was too impatient before. This time I am going to be patient and I have a 5 year plan instead of my famous 3 month plan. I understand the rule, you get out what you put in and I am all in.