The first step in determining which real estate path is right for you is establishing your goals. How much do you want to make and how quickly? How much networking do you want to do? What kind of networking are you interested in? Do you see project management as one of your skillsets? Or perhaps, […]
Action Cop-Outs This is doing something that isn’t a priority. Examples: watching TV, eating, playing, sleeping, or even cleaning. Once we are engrossed in the diversion, we block out the anxiety, self-doubts, anger, or boredom associated with the work we are putting off but should be doing. Mental Excuses, There are three main types:
This is the most common way to get a hundred percent financing. This is where the current owner agrees to finance all or some of the purchase price. If it’s just some, you can get the remaining amount from Cogo Capital or another local private lender in your market. If you have the financial or […]
Thinking this is an easy, get rich quick strategy is a big mistake. Nothing that I’m talking about is easy or a get rich quick scheme. It is a lot of work, it is a lot of time, it is a lot of phone calls, it is a lot of marketing, it is a lot […]
Why invest in the foreclosure scene? First of all, you get discounted pricing. It’s also speedy purchases and there’s often wonderful profit opportunities if purchased correctly. The main thing I love about investing in foreclosure properties at a trustee sale or sheriff’s auction is that in most markets you buy today, you own today. That’s […]
Now that we have developed our investment criteria, the next thing we need to do is structure the deal. We first do this by formulating and delivering the offer. Then we negotiate with a seller, get the offer accepted, and then we determine the best exit strategy. What is your exit strategy? Could there be more […]
You do yourself a tremendous disservice when you pursue properties that are in the jumbo category because only jumbo lenders can participate in this segment of the market and that represents only about 4 percent. Now if you pursue properties where your retail price does not exceed the FHA cap for your area, you’re more […]
It is important that our clients know that not only is Lee Arnold a real estate investor himself, but our team here at Cogo Capital and The Lee Arnold System of Real Estate investing also deals. Today, we had one of our Business Development Consultants close on his first deal. I took a minute of […]
Bandit signs are essentially miniature billboards, you love them or you hate them. The corrugated plastic signs on the side of the road advertising “we buy houses” or “I buy houses,” these do actually work. Now the average person needs to see your message five mes before they respond. So don’t get frustrated if you […]
