Entrepreneurship Archives

The BRRRR Method of Real Estate Investing

There are many ways to get into real estate investing Some of these include flipping, wholesaling, and the popular "buy-and-hold" strategy for longer-term, passive income investments. One method that is popular with investors deploying a buy-and-hold strategy to build their rental income portfolio is through the use of the BRRRR Method for real estate investing. The BRRRR Method is an investment strategy that offers a process used by many real estate investors today. It gives you a template to buy, rehab, rent, refinance and repeat a workflow to generate passive income. Who Coined the Phrase "BRRRR ...

By Charlie Palmer|2022-02-22T15:09:33-08:00February 22nd, 2022|Entrepreneurship, Real Estate Investing, Rentals|

How to Become a Successful Money Broker

To be a successful money broker, there are certain things you need to do to make your clients happy. In this blog post, we'll go over the basics of how to become a successful money broker and offer insight into brokering private money loans. Keep reading to learn more! What Does a Private Money Broker Do? A money broker is an intermediary between private money lenders and borrowers. Real estate (RE) investors doing fix-and-flips can sometimes hit the ceiling with their lenders. Financial institutions, like banks, might be unwilling to lend to a real estate investor ...

By Charlie Palmer|2022-01-17T08:46:45-08:00January 16th, 2022|Entrepreneurship, Money Broker, Private Money Lending|

What Does ARV Stand for in Real Estate?

Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1 -Warren Buffett Real estate investors face several challenges when they first begin their property search. After finding a deal, the next step is calculating the numbers. Real estate investors are businesspeople first. Therefore, whatever deal they find, they need to understand if the property is a profitable deal. Will they make money? The answer is in the numbers and understanding what does ARV stand for in real estate is an important one. Read on to find out why. What is After Repair Value ...

By Charlie Palmer|2021-11-19T08:41:05-08:00November 19th, 2021|Entrepreneurship, Flipping, Property Evaluation|

Think Inside the Box: Profit-Maximizing Loan Criteria

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.”

By Lee Arnold|2021-09-10T19:15:05-07:00November 26th, 2019|Borrowing, Entrepreneurship, Fixing, Flipping|

The Heart of the Deal The Three-Tiered Offer

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.

By Lee Arnold|2021-09-10T19:15:05-07:00November 7th, 2019|Entrepreneurship, Getting Started, Offers|

Alphabet Soup The Three Letter Acronyms of COGO and LAS

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.

By Lee Arnold|2022-02-01T11:22:02-08:00October 28th, 2019|Entrepreneurship, Getting Started, Property Evaluation|

Multiple Streams of Income: Cashflow Your Way to a River of Wealth

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.

By Lee Arnold|2021-09-10T19:16:31-07:00October 2nd, 2019|Entrepreneurship, Personal Growth, Wealth|

Other People and Your Circle of Wealth:

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.

By Lee Arnold|2021-09-10T19:16:31-07:00September 11th, 2019|Entrepreneurship, Getting Started, Wealth|

Guide For The Not So Handy Fix and Flipper

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. …

By Lee Arnold|2021-09-10T19:16:31-07:00July 8th, 2019|Entrepreneurship, Fixing|

Start Here: Follow These 3 Steps To Fix and Flip Your Way To Wealth

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 ...

By Lee Arnold|2021-09-10T19:16:31-07:00June 28th, 2019|Entrepreneurship|