We are often encouraged to think outside the box. Innovative thinking can often bring long-term returns but, in real estate, at certain times in the market cycle, there is a place that brings consistent and timely returns. You can think of it as the “box.”
At the center of every real estate deal is the offer. In fact, it is at the center of every business activity. It is to what all your gathering of leads, researching property, communicating with sellers/potential sellers, and scratch paper analysis leads.
The TLA, or the Three Letter Acronym, is almost everywhere in the real estate world, and investors throw these abbreviations around with abandon. Knowing what REO (Real Estate Owned) or ARV (After Rehab Value) means is required when purchasing property and seeking real estate financing.
One of the core ideas when we created the Lee Arnold System was that success in real estate investing does not come from one source: not from one source of income, not from one type of property, and not from one strategy of investing. Having multiple streams of income is an imperative in the creation of real wealth in real estate investing.
The overarching philosophy of success at Cogo Capital and the Lee Arnold System of Real Estate Investing is the Circle of Wealth. It’s the center of everything we do, everything we teach, and everything we want for our customers, our students, our financial clients, and our investors. Journeying on the path of the Circle of Wealth requires a vital element, the movement and momentum created by interdependence with other people.
When you think plumbing, you think flood. When you think electric, you think death. When you think cabinetry, you stop trying to think. You want to fix and flip, but cannot tell your thumb from a nail. You are constantly bombarded by all the money that could be had, if only you were more… handy. The best advice you can get? Stick to your strengths. …
Rehab real estate investing can start out as a part-time gig for significant additional income. When you start flipping at least 6 houses a year, then it becomes a well-paying job. From teachers, general contractors, policemen, entrepreneurs, and small business owners to doctors, lawyers and financial advisors, anyone can make money flipping houses if they are determined to shift their attention, see the big picture, and do the work. If you have more money up front, you may want to start gung-ho. Cogo can provide the private money until you get enough experience and wealth accumulated ...
The phone is not your enemy. In fact, if you let it, the phone can be your best and most effective marketing tool...
Are you looking for ways to diversify your income? Have you considered passive investing? Well you should be! There are a lot of different ways to invest your money. The most yielding and historically stable way to invest is
There are a lot of ways that real estate investors can make mistakes. To avoid costing you time and money make sure that you pay attention to these 4 common mistakes.