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 […]
Make sure that you’re getting down to business in any transaction by asking these questions. “If I pay you all cash and close quickly, what’s the least you would accept?” And that’s always followed by, “Is that the best you can do?” Now, if you’re not using these words to get to the bottom line […]
Let’s talk about due diligence. Let’s assume you’re going to buy a property using Cogo Capital financing. What does that look like? It begins with a real estate investor identifying a great real estate deal in a good equity position.
If you‘re like most people, you want it laid out on the line before you jump in head first. Here are the answers to the top 5 questions we‘ve encountered about house-scouting. What exactly is house scouting for riches?
