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All Forum Posts by: Scott Lennox

Scott Lennox has started 4 posts and replied 7 times.

Post: FastWeb

Scott LennoxPosted
  • Oyster Farmer
  • Asbury Park, NJ
  • Posts 7
  • Votes 1

Hey All.  A while back, there were a few posts of people looking for consolidated information on properties they were researching.  I'm not sure who originally mentioned it, but the site FastWeb (https://fwprodweb1.firstam.com/fastweb/fwlogin.asp) was posted with a username and password.  This site was extremely useful for me and I used it numerous times.  Unfortunately, the posted username/password no longer works.  Does anyone feel like sharing their subscription with the forum for use in their research?  A personal paid subscription is out of the budget for little old me.  Or maybe there's an alternative site...?

Thanks in advance.

-Scott

I'll be there.  Thanks for organizing.

Post: Central Jersey Meeting - January 2015

Scott LennoxPosted
  • Oyster Farmer
  • Asbury Park, NJ
  • Posts 7
  • Votes 1

I'll be there.  Looking forward to it.  Thanks for organizing.

-Scott

Post: Looking for Monmouth County general contractor recommendations

Scott LennoxPosted
  • Oyster Farmer
  • Asbury Park, NJ
  • Posts 7
  • Votes 1

Any recommendations for a GC in Monmouth County?  I'm looking to price out a gut job for a potential purchase.  Thanks!

Post: Why is Listsource not showing all multifamilies in my target market?

Scott LennoxPosted
  • Oyster Farmer
  • Asbury Park, NJ
  • Posts 7
  • Votes 1

Thanks for your insight about the inconsistencies of public records, @Jerry Puckett - I figured as much. I suppose 142 seems closer to reality but it still seems low for a city like that. Another town further south, Belmar, only kicks back 50 2-4 unit properties, which is definitely low. I can think of one corner of town that probably has 50. These are beach towns with many properties consisting of multiple cottages. Maybe I'm just way off with my estimates...or chalk one up for bad public records.

A related question for you, Jerry: What site/service do you use to search for public record information for individual properties such as number of units and how their defined (i.e. duplex, multi, etc), past sales, etc? The table you pasted in your post is quite useful, as would be a site where information could be found in an easier format than the Monmouth County gov site.  I'm sure there's one, I'm just a nube...

Again, thanks for everyone's help.  I love this site.

Post: Why is Listsource not showing all multifamilies in my target market?

Scott LennoxPosted
  • Oyster Farmer
  • Asbury Park, NJ
  • Posts 7
  • Votes 1

Hi everyone.  I'm assembling a Listsource list for a small marketing campaign and encountered a problem:

When I ask the site to narrow the properties in my target community down to only the 2-4 unit buildings, the number of it kicks back is far below what I know to be true.  Also, if I ask it to select only duplexes, it says there are zero (same for tri and quad properties as well as multifamily).  

Do some areas list the number of units on a property differently than others, making Listsource generate inaccurate and incomplete lists of multifamily units.  How can I ensure that I'm not missing large amounts of multifamily properties in my campaign?

My target market is coastal Monmouth County, NJ communities, focusing on Asbury Park.

Thanks for your help.

-Scott

P.S.  I love this site.  It's the most honest, positive and helpful community I've ever encountered on the web.  

My wife and I are looking to get our feet wet in real estate investing by purchasing our first multifamily in Asbury Park, NJ area. We are seeking individuals with experience and knowledge in this market who are interested in networking with new and eager investors. We have visited the area frequently over the years and currently involved in a local small business but have limited knowledge in the real estate market and rental market/trends.

In addition to Asbury, we have broadened our search to include the surrounding Monmouth County shore towns but finding good deals hard to come by. Our intention is to purchase multifamily to live in for a year, then repeat.

Anyone in the area willing to chat and point some new investors in the right direction would be greatly appreciated. We're very bullish on Asbury and looking forward to meeting some faces in the area.

-Scott & Sarafina