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… …

By |2021-09-10T19:53:59-07:00October 12th, 2018|Borrowing, Entrepreneurship, Property Evaluation, Wealth|

Communicate to Stop Wasting Time and Money

Communicate to Stop Wasting Time and Money 6 Keys to Contractor Success There is no question. If you aren’t leading your contractors, they are going to “lead” you. The #1 snag investors experience with house flipping has to do with contractors in one way or another. If you invest in a property that needs work, you are likely going to be involved with a contractor in one or more of the following areas: relationships between investor and contractor is vital to the success of any project, but can become trying when any of the following problems creep ...

By |2021-09-10T19:54:26-07:00September 8th, 2018|Borrowing, Fixing, Flipping, Testimonial|

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 ...

By |2021-09-10T19:54:27-07:00August 18th, 2018|Borrowing, Entrepreneurship, Personal Growth|

It’s Too Bad… (A Hard Look at Why Some Deals Fail)

It’s too bad so many people don’t succeed at getting funding and successfully profiting on a deal. It’s not that the process is impossible, many people just tend to “go for it” without considering what they could do to improve their success rate. I tend to talk a lot about what NOT to do in Real Estate Investing. Sometimes, it seems like I speak more on this subject than what you SHOULD do (but logically, I don’t). I’m truly looking out for your best interest when I make these posts, because no matter how much training ...

By |2021-09-10T19:54:27-07:00August 11th, 2018|Borrowing, Getting Started|

4 Mistakes to Avoid When Investing in Real Estate

I love making mistakes. (Well, sort of.) Why? First, mistakes mean I'm trying something new, and good things often come from stretching myself. Second, every mistake I have made, I've turned into a learning opportunity so that YOU can avoid the same misled path and can make up the money where I've lost it in the past. We all make misguided choices, often with the best of intentions. And we shouldn't jump into every opportunity expecting to just make a bunch of mistakes. Not only is that going to keep us from taking advantage of good ...

By |2021-09-10T19:54:27-07:00July 13th, 2018|Borrowing, Fixing, Flipping, Getting Started, Property Evaluation|

Entry Strategy

What's in a name? We've discussed exit strategy, process, acquisitions, and many things in between. Let's talk about entry strategy, specifically the name There are as many answers to the question of entry strategy as there are options to purchasing real estate. There is flexibility in mixing business and personal, the purpose of the property, interest rates, and taxes. Let’s focus on the name under which you should purchase a house to fix and flip so you can maintain better control over your exit strategy. Why does your exit strategy determine your entry strategy? If you ...

By |2021-09-10T19:54:27-07:00July 9th, 2018|Borrowing|

Does Your Offer Have Teeth?

Are you able to properly present an offer on a property, without wavering or back peddling? If you struggle to make offers on real estate, either out of timidity, uncertainty, or naivety, then rest assured. I can train you to have better results. Broad offers with little to no direction or education lack more than conviction. You must be presenting three-tiered offers that are appropriate to the situation and property in question; offers that will benefit the seller, allow enough room to make a profit, and result in a gain after being sold quickly on the ...

By |2021-09-10T19:54:28-07:00June 6th, 2018|Borrowing, Fixing, Flipping, Property Evaluation|

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 ...

By |2021-09-10T19:54:28-07:00June 1st, 2018|Borrowing, Getting Started|

Ask Yourself This Question

If you want to simplify hard money and almost guarantee that every deal you bring in will get funded, ask yourself this one question: "If I were the lender, would I lend money on this deal?" If you look at a deal and critically think whether or not you would accrue the risk involved, you can better understand if it's worth lending on said deal. Now, that might seem too simple, and if you don't understand how funding works, the question isn't going to do you any good. But, if you understand how to make sense ...

By |2021-09-10T19:54:28-07:00May 26th, 2018|Borrowing, Getting Started|

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 ...

By |2021-09-10T19:54:28-07:00May 19th, 2018|Borrowing, Entrepreneurship|