Posts Tagged: "investing"

Wait! Don’t Sell Yet…

Wait! Don’t Sell Yet…

1031 Exchange for the Modern Investor

PART 1

 

If you’re to the point in your investing career where you’ve started buying and HOLDING, then you may need to learn a thing or two before you start shuffling your properties around. Instead of flailing around and making mistakes with large numbers, get to know your options.

If you’re selling an investment property with the intention of purchasing another and you don’t know what a 1031 tax exchange is, then sit down. Let’s chat…


A note: As the CEO of The Lee Arnold System of Real Estate, I do not often wear my “buy and hold” hat. I rarely recommend this as an investment option until you’ve reached a certain level in my Circle of Wealth. However, I still recommend this service for those who are buying and selling rentals.

And since Cogo Capital® doesn’t just offer quick turnaround, excellent terms, and millions to lend to investors, our loan officers would be happy to talk to you about your upcoming transitions.

If you’re ready to learn more about the CIRCLE OF WEALTH, click here.


How do you know if a 1031 tax exchange is the right move for you? First, let’s make sure you know what it is and the details of how to make it work for you.

WHAT IS IT?

This strategy allows an investor to “defer” paying capital gains taxes on an investment property when it is sold. Basically, when you sell an investment property you currently own (such as a rental), you can then purchase another property of “like-kind” (equal or greater value is preferred, we’ll go over that), and can do the exchange in your portfolio without paying capital gains.

So, if you have a property with plenty of equity and you want to use that as profit to purchase another property, that’s what this is for.

Why would you want to exchange properties?

  • It’s in a city or state in which you no longer live, and the care for that property has become a burden.
  • You want to upgrade from a smaller rental (a duplex to a four- or six-plex).
  • Your market is shifting, and you want to take advantage of the greater opportunity.
  • And many more reasons…

Traditionally, 1031 exchanges were used to quite literally swap one property for another of like-kind. Since the market has changed and morphed into something completely new since 1031s came into existence, it is now more likely you will find a property that is different than your current one. You may think this makes things tricky, but the process is still quite simple.

Simple or not, you need to know what the process looks like if you’re going to attempt it. But if you can refocus your investing without incurring tax liability, then it’s worth the due diligence. Whether you’re changing from a low-income (and therefore high-maintenance) property to a better one, or you’re switching locations, you shouldn’t need to pay significant taxes because of properties you purchased in the past.

The 1031 makes this possible.

WHEN TO DO ONE

Even if you didn’t initially purchase a property, you’d pay capital gains if you don’t do a 1031 exchange. So, if you’ve made some less-than-par investments (or if you’ve just had some bad luck), you can sell the investment without tax loss.

If you don’t know about this strategy, you may end up owing more than you made.

But, utilize this strategy, and you can be swimming in profit from a property that has appreciated. So, how do you use a 1031 tax exchange?

Plan for Your Loan

First, plan your move by exchanging one property for another property of similar value, Yes, step one is to plan, because although you may think you can just swap a house for one of equal or greater value, you still need to qualify for that much or more.

For instance, let’s say you purchased a rental property with the intention of occupying one of the units. Because it was owner-occupied—even if you’ve moved on since—you got that $400,000 loan with less money down. Now, with your financial landscape on a different field entirely, you can’t qualify for more than $350,000, especially since you’ll have to put 20-25% down. That’s great if you’ve amassed enough equity and have the funds, but until you know what you qualify for, you can’t just make assumptions.

To maximize your 1031, if you can’t qualify for at least the amount of your current properties, it may be wise to consider other options. Otherwise the tax deferment won’t make sense. (You can go slightly under, and we’ll talk about that later.) You could cash out and do a few private money loans with your money (your “skin in the game”), profit on a few deals, and then purchase big again.

To best understand this strategy, let’s discuss the four types of a exchanges for real estate, so you’re armed with the information you need before considering if this is right for you.

1- Simultaneous Exchange

A simultaneous exchange is just what it sounds like; it’s where the replacement property and relinquished property close on the same day. Any delay, no matter how brief, can result in disqualification and immediate application of full taxes.

There are three basic ways that a simultaneous exchange can occur.

  • The two-party trade, completed by the owners who, essentially, “swap” deeds.
  • The three-party exchange, completed when an accommodating party facilitates the transaction for the exchanger.
  • Or a simultaneous exchange with a qualified intermediary who structures the entire exchange.

2- Delayed Exchange

The first type of exchange isn’t as common as this one. A delayed exchange between like properties is more frequently used by investors. In this case, the investor sells or relinquishes the original property before acquiring the second.

The investor has 45 days to identify a replacement property after selling the first and has 180 days following that to complete the sale of the property. The extended timeframe and numerous tax benefits make this options the most popular.

3- Reverse Exchange

If you identify a replacement property before the first is sold, you can, in theory, “buy now and pay later.” It doesn’t work that simply, but you get the idea. A reverse exchange (or forward exchange) is accommodated with the titleholder identifies a replacement property first.

Before you do backflips with excitement that you can acquire a property without having to pay anything now, you will need all cash when making this exchange. Because many banks won’t offer loans for reverse exchanges, this can be tricky. You must start by identifying which property (or properties) you wish to relinquish from your portfolio.

Because it’s basically a delayed exchange in reverse, the rules are similar to the delayed exchange, you have 45 days to identify the property you will sell as the “relinquished property,” and then you have 135 days to complete the sale and avoid taxes and potential penalties.

4- Improvement Exchange

Let’s say you’ve identified a replacement property but it needs work. You can truck along with one of the first two options, or you can maximize your strategy by using an improvement exchange. This exchange, also known as a construction exchange, allows you to improve the replacement property by using the exchanged equity from the first.

This method, even more than the ones before, requires finesse. First, you must spend the entire exchanged equity on completed improvements or down payment by the last of your 180 allowed days. You must also have this property identified within the 45 day period required above, and the replacement must be of equal or greater value when deeded to you. Before you can take the title back from the qualified intermediary, all improvements must be finished.

This probably doesn’t scare YOU. If you’ve ever done a fix and flip, you know that time is of the essence for repairs, so 180 days should be nothing to you, especially if you’ve gone through any training with The Lee Arnold System of Real Estate. If you’re trained right on how to manage these projects, this is a valid option.


If you need to get plugged into a quality education that will prepare you for project management, help you understand and acquire private money loans, show you what to look for and more, then you’ve got to start somewhere. With so many options, why not consider one that has your best interest at heart?

You need a place to start. Go to FundingTour.com to learn more.


Instead of cashing out and paying taxes, trade without the obligation and you can maximize your portfolio. But just because you know the four main types, do jump in with both feet just yet! Next week, we’ll talk about the rules you need to know to make this exchange as smooth and profitable as possible.

Join us next time for more, but you don’t have to wait to talk to a loan officer about your deal! If you have a house under contract that you need a private money loan on, you came to the right place. As a full-service Private Money lender for real estate investors, we do most of the leg-work for you, while you build up your real estate portfolio and cash-flow all your deals.

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal? Visit us at www.cogocapital.com to fill out your fast and easy quote. Want to learn more about COGO first? CLICK HERE to get to know all the ins and out!


Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.


Image result for trustpilot 5 stars

Timothy just left a new 5-star review of Lee Arnold System of Real Estate Investing:

I would highly recommend this company to all first time investors that I come across that seek funding. I enjoyed the entire team that was out in Milwaukee to train those of us in attendance.

Gary Meyers and Jarrod done a wonderful job during this weekend. I really enjoyed the bus tour to the properties in South Milwaukee. Secondly, it’s a faith based company and this is very rare in the business and I see that God has blessed and will continue to bless those around Lee Arnold.

This is an education company as far as Real estate, training and funding. I wish I had met these guys a little earlier before I actually invested with the other companies which I won’t name. I am currently in debt to the tune of $100K due to the other companies. If I known what I know now, I could have bought 10 homes and be on my way to financial freedom.

I would like to thank the entire team that was in Milwaukee for the weekend for a wonderful experience and I hope that we meet again.

 


Check out our CATALOG now, or speak with a Business Development Consultant today by calling (800) 473-6051.

Pros of Your SDA

- - Entrepreneurship, Wealth

Pros of Your SDA

Self-Directed IRAs can be awesome.

 

If you’re familiar with what it is, you’re probably saying, “No kidding, Lee. I love using my SDA to buy real estate.”

Well, we have that in common.

But if you aren’t familiar with a Self-Directed IRA, it’s an IRA where you’re allowed to invest in nontraditional assets like real estate, private notes, and more (like private stock in companies and precious metals…anything you can think of that isn’t prohibited by the IRS). The Securities and Exchange Commission defines a self-directed IRA as “an IRA held by a trustee or custodian that permits investment in a broader set of assets than is permitted by most IRA custodians.”

And SDA can be a great tool to set you up for retirement and real estate success. Let’s talk about how you can make the most out of your SDA.

 

PROS

1. It’s easy to set one up. Other than a few forms to file and a copy of your driver’s license (depending on the requirements of your custodian), you’re basically good to go.

 

 2. They are easy to fund. You can make a one-time contribution or set it upas an automatic investment You can even use an employer’s pension plan from which to transfer money directly, or you can roll the money in. Be sure to deposit the money within the 60-day time frame required by federal rules. Otherwise, you can face penalties and taxes.

Any qualified retirement account can be rolled over into a self-directed IRA. 401k from an old company, thrift savings plan, 403B, 457 plan, any qualifying retirement plan; they’re all permissible to transfer into an SDA.

3. You get to be creative. You can’t invest in life insurance or No rugs, artwork, stamps, etc. You also can’t do any business with disqualified parties or use your SDA to invest in real estate that you will personally use. Otherwise, you’re are free to be creative. Having a self-directed IRAs allow you to leverage your expertise into your investments. So guess what? If you’re killing it in the real estate investing arena, you could be using an SDA to increase your advantages.

4. It can be lucrative. You have the opportunity to make high returns on investing and lending money. It isn’t always the case, but the opportunity is out there. Again, if you’re already making great real estate decisions, this can be an added bonus to all that profit.

5. You don’t owe the experts. In many cases, many IRA custodians don’t charge commission. When you manage your account yourself, my institutions won’t charge you a percentage of the earnings. Most SDA have flat annual fees and small fees based on your number of transactions but don’t charge custodial fees or percentages of your assets.

Check with your local IRA custodian for their guidelines. SDAs can incur higher administrative costs (due to an increased level of administrative oversight and required paperwork required). Those costs can often get passed along to you.

6. You get to be in charge. I don’t know about you, but I’m not content letting others make choices when it comes to my investing. Call me old school, but I don’t want my success in the hands of anyone else. I became an expert in my field to keep by making bold moves, and I continue to make them, proving to you that if I can walk the talk, you can do the same. Take charge of your finances, but first, take charge of your education. I became a pro in real estate investing first.

If you’re feeling lost without guidance, let us help you get back on track to your investing success.


Call (800) 473-6051 to speak with a Business Development Consultant today about the training you need to succeed.


Like most things, your five pros also come with a few cons.

There can be more pressure on you as a client. You have to find your own investments as your IRA custodian won’t offer investment advice on an SDA. However, with proper training, coaching, and council, you won’t miss the investment advice you got on your old IRA.

Also, just like cash, when you use money from your self-directed IRA for investments, that money isn’t insured. If you’re even on the fence about getting an education to go with using your SDA for investing

You’ll have to do more research and due diligence, but you’ll be able to perform the legwork on any piece of real estate you might invest in. It’s what we teach! Get plugged into the right training with LAS, and we’ll help! You can also speak with your CPA and tax attorney about how to better use SDAs for your investing benefit.

Be aware of the rules

You may get to be creative with a self-directed IRA, but that doesn’t mean you get to do whatever you want. Make yourself acquainted with the rules, especially at your custodian of choice. Understand each fee and why it’s being charged, know what you’re allowed to do, and avoid anything that might be considered prohibited.

It’s wise to also consult your CPA and tax attorney before making substantial changes to your portfolio.

Know Who to Go To

The majority of IRA custodians and trustees come from banks, insurance companies, mutual companies, and brokerage firms. These firms invest in the marketable securities they offer or sell; stocks, bonds, CDs, annuities, and mutual funds among the winners here. That means they may advise you against opening an SDA because they make little to no money when you invest in an SDA.

Do your research to find an approved institution so you can invest in the assets you prefer.

However you invest, invest smart. If you need help, we’re here to guide you.

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal? Visit us at www.cogocapital.com to fill out your fast and easy quote. Want to learn more about COGO first? CLICK HERE to get to know all the ins and out!

 

P.S. This brand new book and DVD teaches
you how to not only find qualified borrowers
and complete the necessary due diligence to
uncover hidden gems, but also BE the stellar
borrower so you can get all the money YOU
NEED
 to buy all the profitable properties YOU
WANT!

FINALLY no more guess-work on how to lend or
borrow private money again!!!

Get Your Copy Today:  www.orderleearnold.com/truewealth

How to Grow Your Greatest Asset

How to Grow Your Greatest Asset
If You Want Long-term Wealth, Do THIS…

 

How you spend your time shows me exactly what you’re committed to.

I have a simple formula for determining your level of success at a glance. With just two questions, I can predict your future income with near certainty:

  • How much time every day do you spend working on YOU?

and…

  • How much time every day do you spend working on your dream?

 

If I were to tell you that what you have now is only going to compound over time, would you believe it?

What is “Compound Interest?” For the specific definition, let’s turn to our friends over at Investopia:

“Compounding typically refers to the increasing value of an asset due to the interest earned on both a principal and accumulated interest. This phenomenon, which is a direct realization of the time value of money (TMV) concept, is also known as compound interest. Compound interest works on both assets and liabilities. While compounding boosts the value of an asset more rapidly, it can also increase the amount of money owed on a loan, as interest accumulates on the unpaid principal and previous interest charges.

(Read more at: investopia.com)

So…

If what you’re going to invest in creates interest—either as an asset or liability—then it’s going to compound over time.

And…

If you get more of back on a large asset because it has higher interest, then you should boost the value of your asset to grow it more rapidly.

Then…

It’s safe to logically assume that you should take your largest asset and pour into it with passionate vigor, right?

But…

What is your greatest asset at your present moment?

It’s you.

(Hint: it’s always you.)

Nothing will propel you toward your goals—be they financial, physical, relational, or other—than working on YOU.

Income seldom exceeds personal development.” ―Jim Rohn


Maybe you’ve been struggling to push past a plateau in your investing career.

Perhaps you’ve been hitting road blocks, unable to find distressed properties or get any of your offers accepted and under contract.

Or, you keep facing the same problem on repeat, hiring contractors who consistently go over budget and beyond the agreed schedule, causing you delays and frustration.

Whatever you’re dealing with, if you bring the problem back to the foundation of your investing career—youthen you can fix the problem. You can adjust your level of education to match your goals. You can understand where your fears stem from and how to conquer them, you can build a team, and you can get in the current of productivity which will lead you directly toward prosperous opportunities.


For more on Team Building, <<CLICK HERE>>
We’ll show you how to build your investing dream team, no matter which path you’ve chosen to focus on.
Don’t do it alone; help is an eager worker away.


“You cannot dream yourself into a character;
you must hammer and forge yourself one.”
Henry David Thoreau


 

To dig into where you need help with investing in your greatest asset…

First, answer these questions honestly:

  1. In the last three months, how many books have you read?
  2. In the last year, what new skills have you acquired?
  3. What financial investments and time investments have you made into bettering yourself?

Second, evaluate your dead time.

  1. When you get home from work, do you “punch out” mentally, too?
  2. How much entertainment do you consume every week (tv, movies, social media, partying, video games, random toiling that doesn’t produce much)?
  3. How many times a week do you say, “I’ll do that later” or “I wish I could learn something new, but I just don’t have any time?”

We want to believe we are working “so hard” at our goals. But often, that means we are merely pushing the boundaries a little. Arriving to work 15 minutes early or putting in an extra bird dog session over the weekend to discover distressed homes in your neighborhood. All these little steps will bring you closer to your goal… eventually.

But wouldn’t you rather get in the current of “workflow,” watching results populate all around you because you’re moving so swiftly and effortlessly toward your goals? You can do it the hard way, but don’t you want to do it the easier, better way?

Investing in yourself will never go out of style, never be overkill, and never be “for nothing.” I still invest in myself every year, all the greatest people do.

So, start with your education. Invest in your working knowledge and form a new skill. Then, push yourself and continue to invest deeply to get deeper results. Don’t just read free blogs and print out quote cards. Don’t just invest where it’s easy, but risk it all on yourself and go “all in.”

“Personal development is a major time-saver. The better you become, the less time it takes you to achieve your goals.” ―Brian Tracy

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital and @LeeArnoldSystem

Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.


Image result for trustpilot 5 stars

Timothy just left a new 5-star review of Lee Arnold System of Real Estate Investing:

I would highly recommend this company to all first time investors that I come across that seek funding. I enjoyed the entire team that was out in Milwaukee to train those of us in attendance.

Gary Meyers and Jarrod done a wonderful job during this weekend. I really enjoyed the bus tour to the properties in South Milwaukee. Secondly, it’s a faith based company and this is very rare in the business and I see that God has blessed and will continue to bless those around Lee Arnold.

This is an education company as far as Real estate, training and funding. I wish I had met these guys a little earlier before I actually invested with the other companies which I won’t name. I am currently in debt to the tune of $100K due to the other companies. If I known what I know now, I could have bought 10 homes and be on my way to financial freedom.

I would like to thank the entire team that was in Milwaukee for the weekend for a wonderful experience and I hope that we meet again.

 


Download your PDF here: RCP or visit https://leearnoldsystem.com/lp/catalog/ to learn about all of our certifications. You can bring your questions to a Business Development Consultant today by calling (800) 473-6051.


Goals That Get You More

Goals That Get You More

 

No, you didn’t accidentally click on and old issue from January. Yes, we’re talking goals in August and September.

For anyone with school-age kids, this time of year can be all about preparation. You’ve spent your budget (and then some) on backpacks and sneakers, amping up your offspring to have the needed confidence to enter and tackle the upcoming semester with a steady stream of tenacity. You may already be sitting on the sidelines of pre-season football games, convincing your kids they can be champions.

What are you doing for your investing business?

If you aren’t setting new goals, obtaining new resources, and setting out a plan to trek a new path toward greatness, it’s easy to stop growing and become stagnant. You wouldn’t let your children stop learning and trying new things until they got it right, would you? Don’t stop pushing yourself, either.

Sometimes, like another child, we need to stay on top of our investment growth if we want to push and inspire ourselves and our clients toward greatness. If you haven’t made any goals since the new year, now is the time to set a few.

Maybe you want to invest in another duplex or 4-plex, but you don’t have 20% down for a traditional mortgage.

Perhaps you’re ready to try flipping a property to resell for profit, but you haven’t spent time looking at your financing options.

Or maybe you’ve made property acquisition goals for 2018 that you haven’t followed through on but would still like to.

With more than a quarter of the year left, and with the boom of summer behind us, there’s plenty of time to finish 2018 with a stronger real estate portfolio. With plenty of tools and resources to get you started, www.cogocapital.com can be your very own “back to school” resource for private money lending.


Don’t just stop at investing. 

If you need funding to expand your real estate portfolio and do those wholesale and flip projects you’ve had on your schedule since the beginning of the year, we’ve got you covered. But if you aren’t also expanding your skill set, you may be missing out on a growth opportunity that will yield you more profit and better opportunities in the future.

 

When was the last time you learned a new skill?

 

Bill Gates was once asked, “If you could have any one superpower, what would it be and why?”

His answer?

“Being able to read super fast.”

Of all the things he could have said, he chose to answer the superfluous question by addressing his reading ability. Why? Because he understands the principle we’re going to discuss today; the principle that each time you add a skill to your roster, you double your chances for success.

The more skills you acquire, the more times you increase your likelihood of success.

 

Not all skills are created equal and are subjective to the work you do. Learning to toss the perfect pizza dough won’t do you much good in the real estate investment field (unless you pay your contractors in pepperoni slices). But I want to share seven universally needed skills that will not only double your chances at success, they will pay off for as long as you live.


Here are 7 skills that might be challenging to collect but will last your whole life:

 

1. Being honest with yourself.

Mark Cuban, owner of the NBA’s Dallas Mavericks, co-owner of 2929 Entertainment and chairman of the AXS TV, and one of the main “shark” investors on the ABC reality television series Shark Tank said this;

“Know was you know and know what you don’t know and be honest about both.”

Too many people lie to themselves about their abilities, time, and ambitions, but rarely see it all come together because they aren’t honest with themselves. You can build upon little truths, but you can’t take a big lie and make it a reality.

 

2. Having confidence.

I’ve never seen someone with “natural ability” in everything they do. But I HAVE seen people who seem to be amazing at everything. How? They have confidence, and that confidence is their power to exceed their vision.

Like a muscle, you must work out your confidence in order for it to grow.

3. Listening.

If I could give you one take away, it would be this one: be the last one to speak. Give others the ability to say what they know is true. Then, bite your tongue from commenting and instead ASK questions, so you will understand why they have the opinion and not just what their opinion is.

Don’t listen to figure out when it’s your turn to speak. Listen to hear, analyze, and understand.

Once you’ve gathered everything you need to know, move on to the next skill…

4. Speaking up.

I once attended a real estate event with a gentleman whose main goal for attending was to network with others for his brokering business. There came a time in the day when attendees could line up by the stage to spend 30 seconds in front of the microphone to introduce who they are and what they do. I asked my friend, “So, you’re going to go up there, right?” and he shook his head, claiming he didn’t have anything to show.

I pulled out a piece of yellow paper, made him write his phone number in big numbers, and sent him up to say, “Hi, I have money to lend if you need it, here’s my number!”

Speaking up is invaluable, whether it’s on stage, in front of a room, on the phone, or participating in a meeting, God gave you a voice for a reason. Use it!

5. Manage your time.

We’ve traded effectiveness for business, and it’s killing productivity!

— Click here to read more on time management–

Don’t clutter your life with stuff that keeps you from being effective. Time is the only thing we spend that we can never replace. Don’t waste it.

6. Be someone who doesn’t whine.

It isn’t productive to complain about what you don’t have, how you compare to others, what isn’t happening, etc.

Train your brain to look for the opportunity in every hurdle instead of seeing the hurdle in every opportunity, and I guarantee you’ll become unstoppable.

“I don’t like people being negative, whining, or moaning. If you’re in a situation you’re not in control of, just change.” Keith Barry

7. Being consistent.

You can outperform anyone who is more knowledgeable, talented, gifted, or privileged than you by simply being consistent. It’s called a grind for a reason.

“Success isn’t always about greatness. It’s about consistency. Consistent hard work leads to success. Greatness will come.” Dwayne “the Rock” Johnson

“For changes to be of any true value, they’ve got to be lasting and consistent.” Tony Robbins


These are all internal skills, ones that relate to any profession. But the principle that learning new skills doubles your chances at success is equally true when you acquire skills related to your business.

What skills can you pick up to benefit your business? If you can’t think of any, borrow from this list:

– General Contracting Skills
– House Inspection skills
– Project Management
– Design (think fliers, banners, bandit signs, business cards, etc.)
– Design (think staging)
– Color Coordination
– Social Media Management
– Ad Writing
– Effective Communication
– Scheduling
– Budgeting
– Acquisitions
– New Marketing Skills
– Accounting

Have a specific hole that can be plugged with a new skill but don’t know how to obtain it? Give us a call and we’ll help you find the training you need 800-533-1622.


You don’t need to know everything. Remember how we talked about doing a S.W.O.T. Analysis and playing to your strengths while hiring out your weaknesses? (CLICK HERE to read more.) But if learning something new today will increase your chances of success tomorrow, then why not pick up a new skill?

Still having trouble deciding what to learn next? I challenge you to practice my 8 skills above while attending a Funding Tour. Not only are you going to pick up many new skills, pump your brain full of information, and jump start your career. Sign up today for a tour in a city near you.


For investor lending, Cogo Capital® offers quick turnaround, excellent terms, and millions to lend. Cogo Capital® serves both local and national real estate investors, real estate agents, and private money lenders in quality, multiple loans.

We look forward to funding your success!

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal? Visit us at www.cogocapital.com to fill out your fast and easy quote. Want to learn more about COGO first? CLICK HERE to get to know all the ins and out!

Partnering with an Agent


How To Find An Agent For Your Rehab Investments

If you do not have your real estate license (you probably know by now that I recommend you hang your sign with me at Keller Williams if you’re a real estate investor, but that’s a blog for another time), you must find a quality agent who can get you as many listings as possible, fitting your rather unusual criteria, perceiving a minuscule commission rate from your bargain, and… they are thrilled about it.

What a dream team.

You can find and keep an agent like this for a long time, and it can be a mutually beneficial relationship. But you just need to take some burden off your agent and clearly relay your minimal expectations.

What Should Your Agent Do?

Since you will be looking at so many houses and making few deals, you only want your agent to send you listings (daily) and submit your offers.  That’s all. Don’t make them driving you all over town, pull comps on every home you are interested in, or present offers when you aren’t really ready to move forward. You should know how to do all of this, and your participation will take the edge off their (frequent) work with you as well as keep you involved in what you must be involved in.

A rare showing or comp pulling is okay, but only if you can’t gather the information on your own.

What Should You Do?

When looking for an agent, it helps to share the following:

  • Be honest about your experience; how many houses you have flipped?
  • Tell them you are a real estate investor looking for x number of houses to buy per x amount of time (i.e.3-4 houses every 6 months).
  • Tell them you do not expect them to show you the houses, only to make your offers.
  • Tell them how many offers you are probably making per month in order to get X number accepted.
  • Bring up how most banks pay agents a minimum commission (versus percentage) so your agent can still expect decent money- which you want them to have.
  • Finally, iterate, highlight, and say it with conviction, “I highly value your time and won’t waste it.”

Consideration equals loyalty.

You want to find an agent you can stick with so live up to your promises and expectations.  If you find an agent that is ready to jump on board with the above acknowledged, you are in business.

If you need help getting a private money loan in your backyard, visit  us at www.CogoCapital.com or call a loan officer today at (800) 473-6051Cogo Capital® offers quick turnaround, excellent terms, and millions to lend. Cogo Capital® serves both local and national real estate investors, real estate agents, and private money lenders in quality, multiple loans.

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.

Finding the Ugliest Houses for Your Next Fix and Flip

When you’re just starting in real estate investing, it can be daunting to consider the entirety of your home town (or nearest urban area). But it doesn’t have to be. You can get started by simply getting to know your neighborhood better!

Real estate investing has an equation.  Like any bit of “mastery” where the general populace thinks “easy” but never gets close enough to try (because really, where to begin?), real estate bargain hunting is an art (sales/negotiation) and a formula (the piece of the equation we will be discussing in this blog post).

How To Farm Your Neighborhood For The Ugliest, Most Perfect Fix and Flip Investment

Part of doing your first deal right (so you maximize your profit, minimize your upfront costs) is educating yourself about your market.  Too many in real estate are proactive and experienced for you to disregard qualifying yourself and extending your local knowledge.  The following information will give you a solid foundation to build upon until you get in your groove and can assess a property’s value without even seeing it.

Drive the Area

Spend a few weeks looking around at homes in the area.  Look at their construction, learn the average prices.  KNOW YOUR MARKET.

Attend Open Houses

When you visit open houses on the weekend, you get a chance to network with the real estate agents (have you partnered with one yet?)  and owners (bring your business cards-word of mouth referrals are the most powerful).  You will become familiar with the typical architecture, pricing and property features in the neighborhood.  You will better understand property values and house styles.

Find Vacant and Ugly Properties

When you are driving around, look for places with no window shades, newspaper piled up, garbage, overgrown grass, etc.  If you are unsure whether a property is vacant, knock on the door.  Ask the owner if he is interested in selling, and if he is not the owner (rental property), ask for the owner’s number.

Get In Touch with AWOL Owners

If you find a vacant property, ask neighbors if they know the owner.  Usually, they will be helpful because ugly houses hurt their home’s property value.  You can also ask the mailman (ask for forwarding address), and if you still have no luck, leave a business card.  When you get home, look up the owner’s address and name.  Call your local tax assessor’s office or by looking up the recorded deed filed with County land records.

Other public databases include infousa.com which will search through the Driver’s License Bureau and the Department of Motor Vehicles.

Look for Tagged Properties

Some areas will “tag” a house that has code violations.  These violations often reflect the vacant or neglected property.  You can ask your city for a list of tagged properties or find out where it is publicly recorded.


When you spend the first few weeks educating yourself, it will pay off in significant savings (and headache).  Save the extra money for rehab (that’s a substantial and surprising enough investment in itself).  And if you play all your cards right (plus you’re lucky), you’ll save that big payoff for your efforts… and inspiration.

If you need help getting a private money loan in your backyard, visit  us at www.CogoCapital.com or call a loan officer today at (800) 473-6051Cogo Capital® offers quick turnaround, excellent terms, and millions to lend. Cogo Capital® serves both local and national real estate investors, real estate agents, and private money lenders in quality, multiple loans.

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.

Best Investing Neighborhoods

Do you know the best place to invest in real estate?

No matter where you are in the country, you’re near a prime location. And you don’t need an in depth analysis to give you a radius of quality investing homes and neighborhoods near you.

With all the potential real estate in your city, county, and state (and the whole of the country) you may be tempted to invest in a market with which you’re unfamiliar. Perhaps you’ve recently traveled to a FUNDING TOUR and though the town was out of your normal area, you found some quality looking investment properties on the bus tour and are tempted to put in an offer.

Although experienced investors spread their wings a little further, I rarely recommend it and don’t invest outside of my county, no matter what deals students bring to me.

But, if you want to be successful faster, you really shouldn’t go further than the area in which you live.

If you use the 25-mile radius rule of thumb, you’ll save time, money, and headache.

Here are my top reasons why the real estate in the 25-mile radius around your home or place of work will make you millionaire faster than trecking all over the country will.

Don’t get me wrong, Cogo Capital will fund anywhere you need funding. (For more on locations and states where Cogo Capital funds real estate, visit us at https://cogocapital.com/ or call a loan officer today at  (800) 473-6051.) But you need to make a decision about the radius and locations you will invest in, and remain consistent to your commitment to reap the following benefits.


  1. You won’t waste time, money, and resources on the road. Driving all over is clunky, it doesn’t make sense, and it takes too much effort for too little profit. If you spend your time driving from place-to-place, you have less time to spend managing a flip, listing a wholesale, or selling a rehabbed home. You’ll have a car with a lot of miles and a workload you can’t manage. (I recommend saving those miles on your rig for a family trip this summer!)
  1. You’ll save yourself potential headaches. Take it from someone who had to drive over an hour in the middle of the night to attend to an emergency. Being in proximity to your property means that if you need to be there fast, you can.
  1. You’ll be an expert. It takes a while to get to know all the neighborhoods in a 25-mile radius, but if you can spend your time learning the nuances of the streets, the school districts, the demographics, and (most importantly) the comps in those neighborhoods, you’ll be better at your game.


  1. You have less to cover when driving for dollars. Don’t tell me there aren’t deals around you. Even if you’ve driven every single street in the 25-mile radius, by the time you’re done, there could be an abandoned house on the street you started on!
  1. You’ll build your network faster. If you stay in your area, you’ll get to know contractors, subcontractors, wholesalers, and real estate agents quicker and better. You’ll have those extra subs in your back pocket to call when the one you’ve hired no shows for the job. You’ll build your team faster and with less trial and error.
  1. You’ll know how to buy. This is the most important reason because you make money when you buy, not when you sell! Spend the time in your area meeting wholesalers, responding to bandit signs, putting out your own bandit signs, searching for abandoned houses, researching auction houses, considering listings on the MLS.
  1. Less Taxes to file. Unless that’s your thing; filing taxes in 7 states because that’s where all your properties were. I like to streamline my business better than that.

Confine your area and you’ll maximize your business. Remember the term, there are riches in niches? This goes for your location, too.


If you need help getting a private money loan in your backyard, visit  us at www.CogoCapital.com or call a loan officer today at (800) 473-6051Cogo Capital® offers quick turnaround, excellent terms, and millions to lend. Cogo Capital® serves both local and national real estate investors, real estate agents, and private money lenders in quality, multiple loans.

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.

Financing Q&A

It’s time for another Q&A, and once again I’m excited.

I receive frequent questions about financing. I’d rather get the same question a thousand times than never have you ask. But though engagement is key, I love when I get the opportunity to disclose a few answers, to the more regularly asked questions.


Q- Do I have to be educated by The Lee Arnold System of Real Estate Investing to get funding from Cogo Capital?

A- No.

You can apply for and receive up to 90% of value on the property even if you’ve never even been to a Funding Tour.

Now, it’s true that you can get better rates and more funding by being a student or having been a student of the system, but it isn’t required. Unlike banks, who review and lend based on the borrower’s credit and the shape of the property, Cogo Capital is a private money lender who look at the appraised value, the borrower’s experience, the equity in the property, and the exit strategy.

However, we do understand that if you know what you’re doing and you’ve received a quality education on what you’re doing, then you are less of a risk, and part of lending is risk analysis.


Q- How does Cogo Capital work, and how do I get started?

A- Great question; it’s easy!

A real estate investor (you) identifies a great real estate deal in a good equity position.

Once you have the deal under contract, start by filling out an easy one page application, which you can view at www.cogocapital.com.

Cogo Capital then reviews the application and contacts the real estate investor for additional information. Cogo Capital then researches, reviews, and assembles all the due diligence items, which includes title insurance and a third party appraisal.

Secured Investment Corp provides the loan package to a select lender’s network. One of the lenders who likes the parameters agrees to lend on the deal. Secured Investment Corp then works with the select lender to wire funds to an outside escrow agent who prepares closing documents which are sent to a closing agent.

The loan is closed, and Secured Investment Corp sets up serving payments. Borrower (you) makes monthly interest payments into the serving company who then pays the lender. You pay off the loan, and we do it all over again!


Q- I’ve heard it said that equity is wasted money. Is this true in real estate investing and why?

A- Equity comes with limits.

If you own properties with significant equity in them, and you know for a fact that you cannot leverage or borrow any more money against them, you should consider selling them because the equity is tied up.

It’s trapped and it does you no good just sitting there.

Equity is one of worst investments. You can’t spend equity. When you come to me at an event and say, “Hey, Lee, I have a powerful real estate portfolio. I’ve got a million dollars in equity,” my advice to you is sell every single one of those properties that make up that million and take all of the cash from those sales and go buy a larger piece of property with higher incomes and higher cash loads and income potential. In doing so, you get the full value and benefit of the entire million dollars from a standpoint of leverage. The 1031 exchange allows you to put all of the proceeds from the sale towards the down payment of the larger asset. It’s a much better strategy than just sitting on all that equity.

As an example: If you have a piece of property that has $50,000 or more in equity and you discover that you can’t get a line of credit against it, there’s nothing you can do with the equity except let it sit there. Consider putting that property up for sale, doing a 1031 exchange, and now using a hundred percent of that equity as down payment into a larger, higher-income producing asset class, like a duplex, triplex, four-plex, commercial building, or car wash, and just keep rolling that money.


Q- Should I “go big or go home” and pursue the biggest properties to flip first? Then, I would have all the income I need for smaller real estate investing!

A- It’s an ambitious goal, one that would likely result in what I call “Ambitious Procrastination.”

This is what happens to people when their aspirations are so high that it becomes a “someday” scenario 99% of the time. And you know what they say about “someday”… that’s right; it never comes.

But, let’s argue that you actually can perform this feat (going from Zero to Giant, fast), here’s why you shouldn’t:

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, which represents approximately 4% of investors.

Now if you pursue properties where your retail price does not exceed the FHA cap for your area, you’re more likely to get funding and more likely to easily find an end buyer. You can research the FHA cap for your ZIP code or your county (Google provides excellent answers). For example in my market, the FHA cap is about $285,000. Because of this, I avoid buying any property where the retail exit exceeds $285,000. I know that 80 percent of the buyers that I’m going to be marketing to are going to be getting a FHA or other government-backed loan.

I don’t want to price myself out of the majority audience of buyers so I’m going to buy below the FHA cap and then know, without a shadow of a doubt, how to renovate the property so that it conforms to FHA underwriting. If you don’t know what the FHA underwriting guidelines are, again, Google FHA guidelines for renovations on and repair on a resell.

Certain things have to be done with the property to qualify it for an FHA loan. I use private money to acquire real estate that does not qualify, and then through renovations on and repair, I make sure it qualifies for the end retail buyer. Also, unlike banks’ funding, which must meet agency (Fannie, Freddie, FHA) requirements; private lenders do not need to meet these requirements. It is completely at their discretion on where to deploy their capital.


If you have a question that you don’t see an answer to, you can find out quickly and easily by calling the following numbers:

Have a question about the Lee Arnold System or Real Estate Investing, upcoming events, educational training, or coaching? CALL a Business Development Consultant today at: (800) 473-6051

Have a question about Cogo Capital, applying for a loan, the loan process, or any terms associated? CALL a Loan Officer at: (800) 747-1104

We’re here to answer your questions and get you connected with the information you need to make educated decisions about your investing career. If you don’t ask, we can’t answer; so let us help!

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.

When you come to Cogo Capital® looking for a private money loan on a property under contract, we’ll assure you have quick turnaround, excellent terms, and millions to lend. Cogo Capital® serves both local and national real estate investors, real estate agents, and private money lenders in quality, multiple loans.

Speak with Your Wallet

What does your recent investing say about you?

And before you click out of this article because you don’t believe you’ve made any investments lately, I assure you that you’re making investments daily and they each say something about you.

Are you familiar with the phrase, “You speak with your wallet?” It means that how you spend your money is an indicator of what is important to you. For instance, if you want to support fair trade coffee companies that provide farmers an escape from poverty through sustainable partnerships, you’re going to buy coffee that has that little “Fair Trade Certified” logo on the package. If you support pet adoption over puppy mills, you’re not going to buy a dog from an unreputable pet shop.

Easy, right? Where you spend your hard-earned dollar is the best way to be “heard” by your favorite (or least favorite) companies. Show me your wallet, and I’ll show you where your loyalties lie.

But what about all those unnecessary purchases you make without even thinking? What do those spending habits say about you and your devotion to your business and your future?

“I don’t have money to spend on my business.”
“I wish I could grow my business, but I don’t have the capital.”
“It’s easy for him! He had money to invest.”
Or, my favorite, “Well, it takes money to make money and I don’t have any.”

Let me ask you this…

Are you spending $20 a week on business cards to hand out at auctions and networking events? Or are you spending $20 a week on morning lattes? And that hundred bucks you used for dinner at Chotchkies last Friday night? You could’ve put that toward bandit signs or a website. What about the long weekend to the theme park with the kids or grandkids? That cash would’ve gone a long way in a starting a rehab project.

I’m not saying you should avoid living your life, but if you want to change your financial landscape, you need to make some tough choices. I read a book called Rich Dad Poor Dad back when I was making $3.90 an hour as a bag boy at a grocery store. It gave me a new perspective on my vision and changed my life’s direction. In it, Robert Kiyosaki said;

“The phrase ‘I can’t afford it’ shuts down your brain and lets you off the hook. It also brings up sadness, a helplessness that leads to despondency and often depression.

‘How can I afford it?’ opens up the brain. It forces you to think and search for answers. It also opens up possibilities, excitement, and dreams and created a stronger mind and dynamic spirit.”


By now, maybe you feel that itch to find some money to invest.

Good! But, wait…

There’s a reason why the book Rich Dad Poor Dad has been purchased over 26 million times, yet very few of the people who read the book implement Kiyosaki’s teachings and see financial growth. I believe in truth and preparation over candy-coating, so let’s get real about this for a minute.

Say investing in your business is like trying to drop 20 pounds. You start by implementing manageable changes in your habits, like taking the stairs instead of the elevator. On your ascent up the first flight, you suddenly feel your calves ignite in a fiery blaze while your thighs scream in protest. Do you stop and wonder if you’re climbing the stairs wrong? Do you give up after a few flights because you don’t see any weight loss?

“I tried investing, but it didn’t work for me.”
“I spent money marketing myself once, but no one responded because the method was wrong for me. I won’t waste money like that again.”

When we try anything new—be it investing or exercising or learning a new skill—there’s a level of discomfort that accompanies the change. Instead of viewing the discomfort as in indication that you’re doing something wrong and your efforts aren’t working, lean into the pain and learn from it. By changing your relationship with discomfort, you can go from giving up (trying not to feel the discomfort) to pushing those “muscles” until you grow stronger.

“Whenever you feel ‘short’ or in ‘need’ of something, give what you want first and it will come back in buckets. That is true for money, a smile, love, friendship. I know it is often the last thing a person may want to do, but it has always worked for me. I just trust that the principle of reciprocity is true, and I give what I want.” Robert Kiyosaki

Next time you see an opportunity to invest and that little voice nags you with a shrill lie that it isn’t worth the discomfort of change, disrupt the narrative and take action.

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.

When you come to Cogo Capital® looking for a private money loan on a property under contract, we’ll assure you have quick turnaround, excellent terms, and millions to lend. Cogo Capital® serves both local and national real estate investors, real estate agents, and private money lenders in quality, multiple loans.

The Illusion of Rejection: Why Your Fears are Bogus and How to Get Over It

The Illusion of Rejection:
Why Your Fears are Bogus and How to Get Over It

 

I may not be very popular for the following statement, but that isn’t my goal anyway, my goal is to improve lives.

I don’t believe your fear of rejection holds much validity.

I get questions about how to deal with rejection more than I should. And it’s not the questions I don’t like; it’s the fact that adults are asking them and struggling with the notion as if rejection is personal.

Please don’t take offense. It’s not just a few people; it’s an epidemic. That’s why I’m addressing it.

I know that most people who aren’t where they want to be in life have one struggle or another with rejection. If that’s you, listen up!

If you labor under the fear of rejection, then you’re never going to take the action needed to move the needle in your business. You need to redefine the way you look at being turned down and see it for what it is: a number’s game.


 ~WHAT REJECTION ISN’T~

Let’s flesh this out so we can better understand your relationship with rejection.

 If you fear rejection because you’re worried about what others think of you:

Rejection isn’t a personal attack. It doesn’t mean you’re unworthy of the offer you’ve given. It doesn’t mean you’re less professional, less educated, less determined.

The type of rejection that actually hurts you by damaging your identity happens very rarely. If you believe that every rebuff you receive is this type of life-altering refusal, then you’re placing an internal fear on an external result over which you have no control.

Let me prove it to you.

Have you been rejected in your life in a way that hurt so profoundly that it altered your perception of the world around you and your identity in it? The answer is likely yes.

With an honest self-awareness, can you say it’s happened to you more than once? More than twice? How about 5 times or ten? Perhaps. How about more than that? Not likely.

The average number of this intensely impactful rejection, according to a test of thousands of people over several years at Brendon Burchard’s High-Performance Academy, is between 5 and 7. (There are, of course, people who have deep hurts that happen more often, but the average is 5-7 times.)

How many days have you lived? If you’re 35, you’ve been on this earth for 12,775 days. How many times have you made offers of one kind or another? Easily in the thousands.

And if you’re SCARED of rejection because you fear the pain involved, then what you’re saying is you’re scared of something that hardly ever happens. Look at the math: 5-7 times of deep hurt in over twelve thousand days!

Think about the last ten people you interacted with where one or both of you needed something (business relationships, colleagues, volunteer opportunities, etc.). How did those interactions go?

The answer, with near certainty, is that most of them went fine. Am I right? These are interactions where the other person didn’t cause much fuss, it went well, the person was supportive and didn’t criticize you, or you received the outcome you desired if not more.

And I bet you’ve interacted with at least a hundred people in your lifetime where the interactions went well. Right?

I could take that number up to the thousands, and it would be true for almost every single person reading this blog.

So, what I’m saying is that your fear of being deeply hurt by rejection every time something doesn’t go according to plan is rare, and even when things don’t work out, because they often don’t, the interactions aren’t an actualization of your fears anyway!

Aren’t you relieved? You should be.

If you fear rejection because it means putting in work that doesn’t come to fruition:

You’re going to do the work anyway if you want to succeed because there is no way to success except through work. By forfeiting the work because you fear it won’t lead anywhere, you’re bypassing opportunities.

Yes, you WILL get rejected when you put any offers on the table–whether they’re offers for houses, offers for partnerships, offers for work, offers for dates, whatever.

Again, it’s a numbers game. You’re going to have to put in the work. Sometimes it will lead to a mutually-agreed-upon deal, and other times, it won’t.

But you miss 100% of the shots you don’t take. 100% of them. So, not trying because you don’t think it’ll go anywhere is making your fear come true that it won’t. You are pounding nails in your proverbial coffin here. Please tell me how that makes sense to anyone!

When you flip this idea on its head and aim for failure, you WILL succeed. It’s the weirdest thing, but it’s true. When you have a list of 100 leads, pick up the phone with the intention of getting 100 rejections. And guess what, you’ll

Why?

Because it’s a numbers game! Eventually, you’ll get better at your pitch and reach a person who’s desperate to work with someone just like you. Trying to get the 100 “Nos” just gets you on the phone long enough to get that “Yes.”

(Now, will you have better luck if you go into the 100 leads convinced that you’ll get 10 “Yeses?” Probably! Your mind is extremely powerful, and your results will match what you believe will happen more times than not.)


So… if your fear of rejection doesn’t hold water and it IS inevitable, then how should we view it?

~WHAT IS REJECTION?~

Rejection is simply an answer of “No” or “Not right now.”

That’s it.

Every offer or request you make comes with the chance that “No” or “Not Right Now” will be the answer. And if you never pose a question because you’re afraid of the answer, you will never pose the questions.

Let’s bring this back to the practical application of your business. You will have offers rejected. If you don’t, you put in an offer on a property, and it’s immediately accepted, chances are, you offered too much, and that high offer will cut into your profit.

You need to get comfortable with rejection.
Make it your friend.
Make it your GOAL.

Because if rejection remains your enemy, you won’t get far in business or in life.

Don’t base your life and your decision on a fear of something that a) doesn’t happen to the severity you fear it will and b) is going to happen anyway in business. You need to gain the self-awareness and the maturity that guarantees you will be okay if and when rejection occurs.

You have more power and strength than you realize, so stop giving your FEAR more credit than it deserves.

You get what you focus on. If you focus on your fears, they will only grow. If you focus on your abilities and adequacies, you will consistently thrive. Have a higher ambition for yourself and don’t limit your impact because you fear the harsh criticism you think will accompany rejection.

You’re going to be rejected anyway, and it isn’t going to break you when it happens.

So, make the offer.

Make the request.

Ask the question.

Propose the relationship.

Put your neck out there.

We’ll continue to do the same for you because we believe your success is worth fighting for.

If you’re done fearing rejection and want to get on the path to success, gives us a call (800) 473-6051. It’s only up from here. We’ll assess where the holes are in your business and find the relief you need to take your success to the next level. How would that feel?

To Your Success;

Lee A. Arnold

CEO

The Lee Arnold System of Real Estate Investing

Follow me on Twitter: @CogoCapital  and @LeeArnoldSystem 

Have a deal under contract that you would like a quote on? Let us know. You can fill out a quick questionnaire at CogoCapital.com to receive a rate quote via email or you can call us anytime at (800) 747-1104 to talk to a loan officer. With millions deployed and millions to deploy, we want you to get the capital you need for your real estate investing.