Testimonial Archives

Communicate to Stop Wasting Time and Money

Communicate to Stop Wasting Time and Money6 Keys to Contractor SuccessThere 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 in:Lack of communicationPoor communicationNo ...

By Lee Arnold|2022-01-25T10:45:37-08:00September 8th, 2018|Borrowing, Fixing, Flipping, Testimonial|

Small House, Big Payoff

Nathan Brown had always watched the flipping shows on TV and talked about one day doing a project, but it wasn’t until he returned from a vacation when he realized it was time to do something about it. With instruction and guidance from Lee Arnold of the Lee Arnold System for Real Estate Investing, Nathan took the plunge. “After so many HGTV, DIY Network and Do It Yourself home shows, we knew it was time to take the plunge. Calling COGO capital was the first step in a great decision. Talking with Lee and his staff, they helped ...

By Lee Arnold|2021-09-10T19:55:26-07:00January 26th, 2018|Borrowing, Fixing, Flipping, Getting Started, Testimonial|

2018 Predicted Real Estate Trends

2018 Predicted Real Estate Trends; and How it Impacts You As we roll through Christmas and prepare for the New Year, let's spend a few minutes discussing the real estate trends you should prepare for. WHY? Each year, the market looks different. As much as you can, you should spend some time evaluating the professional predictions, looking at your local market, and working the trends into your annual goals to see faster, more effective growth. According to Zillow, inventory shortages will drive the housing market. With 12% fewer homes on the market nationwide than a year ...

By Lee Arnold|2022-01-25T10:43:09-08:00December 22nd, 2017|Borrowing, Fixing, Flipping, Testimonial|

Restoration for a Flood Community Done Right

Ronald and Chandra Gibson work with "flooded and gutted" homes that run the gamut of issues from mold to rot to health hazards. Because of the severity of these concerns, Ronald understands and preaches the importance of never cutting corners. He's built up such a reputation, in fact, that agents seek him out and get deals to him first and appraisers use his houses as comps as he sets the tone for each neighborhood.Ronald and Chandra ease any misconceptions about the homes previous flooding by always presenting high-quality results. Chandra does the interior design, and although ...

By Lee Arnold|2022-02-01T10:18:00-08:00October 20th, 2017|Testimonial|

Another Successful Rehab

Deepa Quadir-Alam is no rooky when it comes to real estate deals. She brokers them, she has flipped three of them, and she buys and sells them as an agent. The last property she closed with COGO was a home she found herself on the MLS. With a loan price of $107,250, Deepa finished the project from loan to closing in under six months, pulling from it a profit of $17,500. This New Jersey home was a smooth job, for the most part. Trouble wasn't far from the beginning, however, when her first contractor abruptly dropped ...

By Lee Arnold|2021-09-10T19:56:06-07:00September 29th, 2017|Testimonial|

A Dual-Track Investor with a Promising Future

When it comes to hard work, Tyon Robinson doesn’t get discouraged easy. And his positive attitude has served him well in his work and his business, netting him $47,711 on his last project—his first full project he did from start to finish with funding through COGO Capital. After working with his cousin on several real estate projects, Tyon caught the real estate investing “bug” and learned some of the hands-on skills of handiwork and project management. Branching out and starting his journey has served him well. He found this property by putting a post on ...

By Lee Arnold|2021-09-10T19:56:07-07:00September 23rd, 2017|Testimonial|

#TestimonyTuesday

Do you know how to find a good real estate investment deal? Do you know what to do to acquire it? Do you know how to be involved in the decision making process of how loans are funded? Have you actually seen, in person, the local real estate in your own back yard? Do you know how the closing process works? Do you have money to acquire these properties? What about the money to fix them up and sell with none of your own money down? I'm using this week's #TestimonyTuesday to drive home the point that ...

By Lee Arnold|2022-01-25T10:51:11-08:00May 2nd, 2017|Entrepreneurship, Fixing, Flipping, Getting Started, Testimonial|

Turning a Wholesale House into a 32k Profit

When Mark and Donna Akeman purchased the house, they didn’t suspect that the wholesale deal would turn into a scheduling ordeal, but the lessons they learned were golden. The Akemans purchased the property in Webster Groves, MO for $155,000 from a wholesaler. After securing their financing from COGO Capital, Mark and Donna promptly went to work on the rehab. Using a tactic that Mark now considers a mistake and a great lesson, they declined using COGO’s system of taking draws to pay the contractors and came out of their own pocket for the renovations to ...

By Lee Arnold|2021-09-10T19:56:46-07:00March 7th, 2017|Fixing, Flipping, Testimonial|

It Was Worth It

Sylvia Redic already owned the house in Bloomfield, New Jersey with a partner when a major fire broke out on the property. She used a loan from COGO Capital to buy out her partner for $140,000 and pay for the renovations. With full command of the property, Sylvia got to work with renovations. It took 2 to 3 months to complete the rehabbing without too many delays, and while designing the renovation was fun, Sylvia remained savvy with the understanding that this wasn’t going to be her dream home. “It makes better business sense to purchase ...

By Lee Arnold|2021-09-10T19:56:46-07:00March 1st, 2017|Fixing, Flipping, Testimonial|

Turning a Nuisance into a New Start

I renovate a lot of houses. Most of the time, I find abandoned and foreclosed properties, I get in there with a crew for 40 days, and we turn the mediocre house into someone’s dream home. Sometimes we run into problems—I’ve seen mold, missing structural beams, and there was that time in Salt Lake City when we discovered an intrusion of cockroaches in the walls that had survived multiple bug bombs. But sometimes a rehab is bigger than that, because sometimes an entire community is shaken by a problem house. As the fourth nuisance house ...

By Lee Arnold|2021-09-10T19:56:46-07:00February 22nd, 2017|Fixing, Flipping, Testimonial|